Over the past three days, reports have continued to fly about the 94th Academy Awards. On March 28, Shadow and Act reported about Will Smith and Chris Rock getting into a physical altercation following the presenter making a joke about Jada Pinkett Smith’s hair. While the Oscar winner has since apologized for what went down, the aftermath has yet to let up on how it sent the news and social media into a frenzy. Cryptocurrency has been a growing trend over the past year, so its community joining the recent viral Academy Awards moment was quite expected. According to Fortune, a digital coin of Smith slapping Rock was minted less than 24 hours of it airing live on the Oscars stage. At the time of March 29, the Will Smith Inu coin’s value hit a record high of 469% over the span of 24 hours. “The Will Smith Inu coin has seen its value soar 469% in the past 24 hours. And that’s 35% lower than the highs it hit at 7:00 a.m. ET on Tuesday,” the outlet then reported. And of course, there are...

About one month ago, financial experts predicted that President Joe Biden would sign a cryptocurrency executive order. The goal, according to Yahoo Finance, was to pave the way for the regulation and the adoption of the popular decentralized form of payment. On March 9, 2022, Biden’s cryptocurrency executive order was finally signed, sealed, and delivered to the American people. According to Treasury Secretary Janet Yellen, the effort will “promote a fairer, more inclusive, and more efficient financial system,” per the Associated Press. In the same breath, Secretary Yellen says that she hopes the measure will counter any illicit use of the popular coins — and illicit use, she says, is tantamount to the country’s financial instability and a threat to national security. The Biden administration also says that the exploding popularity of cryptocurrency has inspired the President to pass the order. All of that is really nice political window-dressing, to be sure. But what does it all...