Stephen

Stephen Nerayoff is an early adviser to the Ethereum network and was charged with extortion by U.S prosecutors for threatening to destroy a Seattle-based crypto startup if they were not paid millions of dollars. The charges against him have been dismissed due to lack of evidence.

Biography:  https://www.coindesk.com/policy/2023/05/15/us-prosecutors-drop-extortion-charges-against-early-adviser-to-ethereum-network/

64%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

85%

Examples:

  • Coming into the year, markets had priced in roughly five or six rates cuts in 2024 to begin as soon as the U.S. Federal Reserve's March meeting (taking place next week).
  • The hawkish change to the monetary policy outlook so far hasn’t been a hinderance to bitcoin

Conflicts of Interest

50%

Examples:

  • Hlady pleaded guilty to extortion in April 2021, and faces a maximum sentence of 20 years in prison.
  • Nerayoff and his employee were initially accused of extorting an unnamed Seattle-based crypto startup that Nerayoff had been hired to guide through its initial coin offering (ICO) in 2017. Prosecutors said the pair made threats to destroy the company if they were not paid millions of dollars.

Contradictions

85%

Examples:

  • On a monthly basis, the CPI rose 0.4%, in line with estimates and up from 0.3% in January.
  • The core rate dipped a bit, but also disappointed to the upside, coming in at 3.8% against expectations of 3.7%
  • The year-over-year pace up to 3.2% versus estimates for 3.1%,

Deceptions

50%

Examples:

  • On a monthly basis, the CPI rose 0.4%, in line with estimates and up from 0.3% in January.
  • The core rate dipped a bit, but also disappointed to the upside, coming in at 3.8% against expectations of 3.7%
  • The year-over-year pace up to 3.2% versus estimates for 3.1%,

Recent Articles

US Consumer Price Index Surprises with 3.2% Year-Over-Year Increase in February, Core Rate Disappoints at 3.8%

US Consumer Price Index Surprises with 3.2% Year-Over-Year Increase in February, Core Rate Disappoints at 3.8%

Broke On: Tuesday, 12 March 2024 The US Consumer Price Index (CPI) rose faster than expected in February, with the year-over-year pace up to 3.2% versus estimates for 3.1%. The core rate, which strips out food and energy costs, dipped a bit but also disappointed to the upside at 3.8%, against expectations of 3.7% and January's 3.9%. On a monthly basis, the CPI rose by 0.4%, in line with estimates and up from January's rate of 0.3%. The core CPI also rose by the same amount, ahead of expectations for a flat reading.