Pseudonymous avatars are pretty common in the crypto and NFT community. For instance, Bitcoin was founded by Satoshi Nakamoto, a person or group of individuals we know very little about. The same goes for the founder of Shiba Inu, Ryoshi, whose real identity remains unknown. Similarly, several individuals in the NFT and crypto space choose … Read more
Crypto projects Rari Capital and Fei Protocol said they suffered a $ 77 million hack on Saturday, five months after their merger. Crypto projects Rari Capital and Fei Protocol said they suffered a $ 77 million hack on Saturday, five months after their merger. An unverified Twitter account for Fei Protocol said it was aware … Read more
Bitcoin Jesus is back. After a year of social media silence, Roger Ver, who earned the moniker for his evangelical-like advocacy, is the latest crypto pioneer to voice his support of Elon Musk’s takeover of Twitter. Bitcoin Jesus is back. After a year of social media silence, Roger Ver, who earned the moniker for his … Read more
After tweets to the masses in which he falsely claimed to have been named Twitter’s interim CEO, crypto executive Stani Kulechov found his account suspended. After tweets to the masses in which he falsely claimed to have been named Twitter’s interim CEO, crypto executive Stani Kulechov found his account suspended by the social media giant. … Read more
It’s only risk piled on top of risk, at a particularly risky time. If you entered a contest to see who could design a financial instrument to lose the most money the fastest, you would struggle to come up with a better idea than taking home mortgages backed by crypto, slicing them into mortgage-backed securities … Read more
The Texas grid operator expects crypto miners to increase electricity demand by up to 6 gigawatts by mid-2023, more than enough to power every home in Houston. The Texas grid operator expects crypto miners to increase electricity demand by up to 6 gigawatts by mid-2023, more than enough to power every home in Houston. The … Read more
The widespread use of professional pseudonyms on social media could curb rampant credentialism and allow merit to win out. Pseudonymity will be an inevitable work trend over the next decade. I realized this while interviewing a popular pseudonymous Twitter account: @BoredElonMusk, whose musings on tech and wild startup ideas that the real Elon Muskmight invent … Read more
In crypto, traditional markers of identity matter very little: many of the sector’s most successful participants operate entirely behind pseudonyms. In crypto, traditional markers of identity matter very little: many of the sector’s most successful participants operate entirely behind pseudonyms. Some are pushing the idea of flexible identities even further, using a combination of blockchain-based … Read more
Bitcoin may be behaving even more like a tech stock in recent months, but crypto diehards are promising things aren’t always going to be like this. Bitcoin may be behaving even more like a tech stock in recent months, but crypto diehards are promising things aren’t always going to be like this. The world’s largest … Read more
Digital-asset exchange Binance said it was able to recover about $ 5.8 million worth of the stolen loot More than a week after the US tied one of the biggest heists in crypto to a North Korean hacking group, digital-asset exchange Binance said it was able to recover about $ 5.8 million worth of the … Read more