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Worldcoin and the Intellectual Decline of Venture Capital

Sam Altman’s spectacularly ill-conceived biometric data project just raised $115 million dollars. Digging into the deal is embarrassing for basically everyone.

The Orb. (Worldcoin)

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DeSantis and the Growing Culture War Around Bitcoin

CoinDesk’s story this week about a fight over a bitcoin mining facility in Upstate New York reveals how cryptocurrency issues are quickly becoming politicized in familiar ways.

Governor Ron DeSantis, who announced his presidential campaign on Twitter. (Florida State Government, modified by CoinDesk)

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Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It?

Strike, Coinbase and others have intimated they may leave the United States due to regulatory pressure. But those might be empty threats.

Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Marco Bello/Getty Images)

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Crypto's Open Source Ethos Yields Results

It’s crypto winter and a time for building, as innovative new open-source projects on Polkadot and Cosmos can attest.

(Michael Dziedzic/Unsplash)

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Celebrating Bitcoin Pizza Day: the Time a Bitcoin User Bought 2 Pizzas for 10,000 BTC

Laszlo Hanyecz did not spend $270 million buying Papa Johns, CoinDesk's George Kaloudis writes.

The actual pizzas (Credit: Laszlo Hanyecz)

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Ledger’s Hard Lesson: Being Right Isn't Good Enough

Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.

Ledger CEO Pascal Gauthier at Web Summit 2021 in Lisbon, Portugal. (Harry Murphy/Web Summit via Sportsfile)

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Should We Worry About Tether’s Bitcoin-Buying Plan?

Squint and you can see resemblances to Do Kwon’s bitcoin buying during Terra/luna’s high days.

(Mathieu Stern/Unsplash)

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What Does the Debt Limit Showdown Mean for Bitcoin?

A U.S. debt default could catapult the cryptocurrency onto the international stage.

Political theatrics over the internecine debt ceiling debate on the U.S. Capitol Hill risks the international economy. Bitcoin could ascend as a global reserve and trade asset if the U.S. dollar loses status. (Strobridge Litho. Co., Cincinnati & New York/U.S. Library of Congress)

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Sam Bankman-Fried's Ties to George Santos Are Just the Beginning

Donations to the lying congressman were just a grace note in FTX's symphony of alleged corruption.

U.S. Rep. George Santos (R-NY)(Alex Wong/Getty Images)

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What’s the Reality of Crypto in Crime?

The DOJ's Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain?

(Scott Rodgerson/Unsplash)