One of the best articles from the spring argues that the Web3 buzz was just another hype bubble inflated by VCs. Another explains why forms of private money are politically problematic by nature. The way crypto has been is the way it will be.
What everyone in the crypto industry must have been hearing, as they rang in the new year, were the reverberations from FTX’s collapse. Increased regulatory scrutiny and financial precarity are spreading through the ecosystem.
As we await film adaptations of the FTX saga, this month’s reading list contains reports on the unethical blockchain trials taking place in refugee camps; accounts of how the creation and transference of digital money mediates economic relations; and much more.
The big news, of course, is FTX. The writing was on the wall – or at least inside the Magic Money Box, an analogy Sam Bankman-Fried used to explain...
Last month, Ethereum finally made the switch to a proof-of-stake protocol. The Merge slashed Ethereum’s future annual emissions down to a level close to Gibraltar’s, but...