Noted
It’s always North Korea
Answering your questions about who was behind the Binance hack, how they launder the money, and where it goes
Noted
Stablecoin issuers froze about $2.4 billion of the roughly $6.4 billion stolen. The rest exceeds Binance’s insurance fund, and the man promising to make users whole isn’t supposed to be running the company.
Noted
Last week I joined Joe Plenzler on the Meidas Defense podcast to talk about crypto. Meidas Defense is the MeidasTouch Network’s national security show, so we spent more time than I usually do on crypto as a geopolitical problem, in addition to a consumer protection one. The full episode
Crypto recaps
A Trump crypto adviser’s firm took millions from Tether while he shaped stablecoin rules in their favor, a Senate probe targets Commerce Secretary Lutnick’s not-so-former firm, and crypto’s biggest super PAC plays it safe
A new Citation Needed data project maps the Trump family’s web of cryptocurrency ventures, which have been generating billions in income for the president.
In 2025, Trump brought tech executives into power to dismantle regulators and write their own rules. But the instabilities they’re creating may be their downfall.
Prediction markets once lived on the academic fringe. Now they’re trading billions on politics, sports, and celebrity gossip — under rules never designed for retail gamblers.
A crypto billionaire who once feared arrest in the US is now a Trump business adviser and White House guest. His lawsuit against Bloomberg reveals what he doesn't want Americans to know about his crypto fortune.
Escape newsletter inbox chaos and algorithmic surveillance by building your own enshittification-proof newspaper from the writers you already read
Giving up on the idea that truth matters is not just cynicism, it’s surrender.
Citation Needed features critical coverage of the cryptocurrency industry and of issues in the broader technology world.
It is independently published by Molly White, and entirely supported by readers like you.
Regulators race to reassure the crypto industry as the industry’s flagship legislation collapses, SBF tries his luck with the Supreme Court, and crypto PACs unleash $30 million against Sherrod Brown
The supposedly “unprecedented” ethics restrictions exempt Trump’s crypto businesses and leave enforcement to his loyalists
The SEC’s “Reg Crypto” aims to carve out exemptions, the CFTC wields emergency powers to shield prediction markets from state regulators, and a Trump family crypto firm gets a bank charter
Firms close up shop amid a continued crypto winter, a Trump venture ditches its crypto plans, and the Clarity Act fails to reach a vote before August recess
A new Citation Needed data project maps the Trump family’s web of cryptocurrency ventures, which have been generating billions in income for the president.
The crypto industry has spent $200 million to get a bill too corrupt for Democrats to pass and a president too corrupt to sign anything that might meaningfully limit his grift.
The White House insists there’s no conflict of interest as Trump reports $1.4 billion in income from an industry he’s deregulated.
The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
The Second Circuit upholds Bankman-Fried’s conviction and 25-year sentence, leaving few remaining options for the disgraced crypto executive
Tiffany Muller talks to me about what Citizens United enabled, how crypto and AI fit into the bigger picture of money in politics, and what it would actually take to fix this broken system.
Most voters don’t know that crypto and AI companies have spent more than $400 million this cycle to buy Congress. Let’s make that spending visible.
A crypto billionaire who escaped fraud allegations after investing hundreds of millions of dollars into the Trump family’s crypto projects is now accusing them of fraud