Crypto recaps
Issue 24 – We sometimes find $50m of assets lying around that we lost track of; such is life.
Chart crimes, math crimes, and crime crimes.
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Newsletter
Feedly launches strikebreaking as a service
The company claims to have not considered before launch whether their new protest and strike surveillance tool could be misused.
Crypto recaps
Issue 23 – Here for crime
SBF gets slapped with a bribery charge, Binance gets sued by the CFTC, and Arbitrum bungles decentralization.
Newsletter
No, Bitcoin isn't pumping because it's a "safe haven" from banks
There are more reasonable explanations for the price increase, and more than a few flaws with the "safe haven" narrative.
Crypto recaps
Issue 22 – Conferences and collapses
In stark contrast to the prior year's NFT mania, SXSW 2023 showcased a crypto industry made weary by a protracted downturn.
Newsletter
The venture capitalist's dilemma
The embarrassing investor meltdown surrounding Silicon Valley Bank should drive us to consider new models.
Crypto recaps
Issue 21 – Other-than-temporary impairments could make banks less than well-capitalized
Silvergate spirals, another exec flips on SBF, and no one wants NFTs anymore.
Newsletter
The Oasis "counter-hack" and the centralization of defi
Wormhole, Jump Crypto, and Oasis demonstrate the centralization threat introduced by multisig-controlled upgradeable smart contracts.
Newsletter
I asked Popehat: Why isn't SBF in jail?
A criminal defense attorney and former federal prosecutor shares his expertise.
Crypto recaps
Issue 20 – These things happen
The SEC enters a feeding frenzy and someone spends a quarter million dollars on a fart.
Crypto recaps
Issue 19 – Down with the crypto banks
Also featuring knockoff NFTs and claims of a wallet hacked via photograph.
Newsletter
Sam Bankman-Fried is not a child
But the media is treating him like one.
Newsletter
The Celsius examiner's report: a picture of fraud and incompetence
Nearly 500 pages of damning evidence that Celsius was little more than a money incinerator that finally ran out of fuel.
Crypto recaps
Issue 18 – Chief Ponzi Officer
If you're in the ponzi business, maybe don't quip to your colleagues in writing that you should be retitled "Ponzi Consultant". Also, a16z-backed rugpulls, Tesla buys high and sells low.
Newsletter
The FTX subpoenas
The team overseeing FTX's bankruptcy has a lot of questions.
Newsletter
Grayscale Bitcoin Trust: the free money machine that went into reverse
A lucrative arbitrage opportunity formed the foundation of much of the cryptocurrency industry. When it turned bad, it brought the whole house of cards down with it.