Newsletter
Narrative over numbers: Andreessen Horowitz's State of Crypto report
Venture capital firm and crypto pusher Andreessen Horowitz wants you to keep buying crypto, and is not above publishing blatant falsehoods to convince you to do so.
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Crypto recaps
Issue 26 – Fully prepared to litigate
French celebrities rug pull, Binance backs out, and Hamas gives up on Bitcoin.
Crypto recaps
Issue 25 – Taking time to be with my remaining apes
Legislators in the US and EU are paying more attention to crypto, and two projects get exploited for the second and third times.
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.
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.