$110 million. That figure represents the size of the bet placed on Ethereum failing. That’s a wager that this much-hyped supposed engine of crypto’s decentralized finance revolution will fail. What does that gamble truly entail, particularly for folks in the Global South that she and her fellows led astray with...
Just ask the creators of the TRUMP memecoin, who walked away with a cool $350 million. Let's acknowledge that. That’s a whale of a victory in the up and down universe of crypto. While champagne corks are popping, a far more crucial question lingers: at what cost? Creators should feel...
I think about my uncle, a really talented and diligent carpenter who was eternally scheming his way out of the 9-to-5 hustle. He saw crypto as his ticket out. Then, he discovered leverage. He gambled his entire life’s savings on a platform that was offering 100x leverage, seduced by the...
That XRP is pumping right now? Okay, great. But hold on just a minute before you refinance your mansion and leap into this futuristic fantasy. Remember the dot-com bubble? Pets.com? Yeah, enthusiasm doesn't always equal long-term success. As they say, the market can be irrational, and at the moment, most...
The crypto world loves a good shortcut. Magic Eden's acquisition of Slingshot, promising seamless cross-chain trading with a single USDC balance, sounds like a dream: ditching the multi-wallet madness and gas-guzzling bridge tolls. Before we anoint Magic Eden as the new hero of crypto convenience, let’s pump the brakes. Are...
Is Bhutan's all-in bet on Bitcoin a masterstroke of economic ingenuity, or a reckless gamble with the nation's future? You see, when a country synonymous with Gross National Happiness starts hoarding Bitcoin like a dragon guarding gold, you have to wonder: is this a leap towards economic freedom, or a...