The Terra community’s new “4pool” proposal adds more fuel to the fiery competition between its UST stablecoin and MakerDAO’s DAI.
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In the latest episode of Decrypt’s gm podcast, Amy Wu, the head of FTX’s $2 billion Web3 fund, weighed in on Jack Dorsey’s beef with the Web3 concept and VC firm Andreessen Horowitz’s outsized role in the […]
Bitcoin's Energy Consumption Drops By A Quarter Following Crypto Crash
The Bitcoin network’s power consumption has fallen to 11 GW as of yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, which estimates the amount […]
What Would Karl Marx Think About Crypto?
Last year, in an article titled “The Left Should Talk About Cryptocurrency,” the left-wing culture writer Hussein Kesvani argued that Web3 and Ethereum-adjacent cryptocurrencies would “inevitably” change the world—for good or ill. As such, he […]