These women are investing in solving the “diversity problem” of cryptocurrencies

Olayinka Odeniran founded the Black Women Blockchain Council (BWBC) in 2018 after attending the North American Bitcoin Conference in Miami that year. There, only three of the 88 speakers were women, while the rest were mostly white men. Her so-called “networking party” was held in a strip club, where several women felt uncomfortable and disappointed. … Read more

Iris Nevins founded the company Umba Daima to promote black NFT artists

In early 2021, Iris Nevins, a longtime art collector, officially dedicated her career to promoting artists. She originally planned to create an online store for artists to sell their work with her co-founder Omar Desire. But when she learned about NFTs, or non-fungible tokens, in 2020, she decided the technology would be a “much more … Read more

Cryptocurrency Scammers Captured Record $ 14 Billion in 2021: Chainalysis

Chinnapong | iStock Editorial | Getty Images Scammers took home a record $ 14 billion in cryptocurrency in 2021, thanks in large part to the rise of decentralized finance (DeFi) platforms. according to new data from blockchain analytics firm Chainalysis. Losses from crypto-related crime increased 79% from the previous year, driven by a spike in … Read more