The formerly anti-establishment bitcoin movement abandons its principles in favor of number-go-up, applauds federal plan to stockpile seized crypto with no clear benefit to national interest
None of this had to happen. In the fall of 2008, amid the great shipwreck of the international financial order, an anonymous person or group of persons
Inside the Fight to Clean Up the Crypto Underworld
In the darkest corners of the internet, cybercrime and corruption run free—that is, until a small group of detectives turn the criminals’ own tools against them.
Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed
A group chat including crypto leaders shows Binance’s Changpeng Zhao accusing FTX’s Sam Bankman-Fried of orchestrating trades to destabilize the industry.
FTX's crypto empire was reportedly run by a bunch of roommates in the Bahamas who dated each other, according to the news site that helped trigger the company's sudden collapse
CoinDesk reported Thursday that the crypto exchange was run by a "cabal of roommates" living in The Bahamas.
Bitcoin mining struggles to go green, research shows
Bitcoin is struggling to go green, with the cryptocurrency making only slim gains in its usage of sustainable energy in the year to January, research by Cambridge university showed on Tuesday.
I am not a particularly emotional man, but when I read some of the letters to the judge of Celsius’ bankruptcy case (brought to my attention by Molly White), I began feeling a deep, painful sadness. Currently I have my entire life savings & retirement invested in Celsius in the stable coin USDC in the amount of $205,001.66 I cannot begin to tell you the level of devastation and horror I felt when Celsius froze withdrawals.
Could the use of Bitcoin allow Palestinians to escape Israeli control over the economy and money in the West Bank and Gaza Strip? Hadas Thier examines the arguments of the crypto enthusiasts and finds serious problems with their vision of liberation via Bitcoin. Thier talks to political economist Sara Roy, whose scholarship on de-development in Gaza is being used by some Bitcoin boosters, about the real roots of Palestinian oppression and why cryptocurrencies are not the solution.
Myanmar’s crypto revolution is at the beginning of the tug of war between repression and resistance, and will play a critical role in Myanmar’s political revolution.
(This text is very long. Maybe too long. You can find a PDF and an EPUB of it below.The current version of this text will always live at https://web3.tante.ccSatya has created an audio version of this essay. Eine deutsche Version findet sich hier. Una versione italiana di questo testo è qui – grazie Nebbia! En […]