It’s All About Crypto Blog
NYM and the Most Unusual Payment Method in Crypto
I noticed a curious detail in the marketing of the crypto service NYM. Have you ever heard of it? If not, you have missed quite a lot - NYM is genuinely worth paying attention to. It is a multi-layer network for private internet access. For simplicity, you can think of it as an alternative to Tor. At each layer of...
What’s Wrong With Crypto? Part I
Remember how easy and free the crypto market felt ten years ago? No barriers, no hurdles. You could swap one coin for another, or trade crypto for fiat money, no problem. Going the other way - fiat to crypto - was a bit trickier, but mostly because of the fiat side. Traditional financial institutions like to complicate things with checks...
Tokenized Gold Sets the Price While Traditional Markets Sleep
An interesting observation: while traditional markets are taking a break, the onchain market for tokenized assets on blockchain is setting a new status quo for gold. Today, the price of tokenized gold moved above $5,000 and, for now, shows no intention of dropping back below that level. Traditional exchange traders did have a chance to take part in the buying that...
Why Quantum Computing Isn't a Reason to Fear Crypto
Coinbase has set up an advisory board to assess the risks that quantum computing may pose to blockchain technology. The board brings together heavyweight experts in cryptography: professors and research institute directors from Stanford, the University of Texas at Austin, and the University of California, Santa Barbara, leading specialists from the Ethereum Foundation and EigenLayer, as...
The Decentralization Myth: What a New U.S. Bill Reveals About Crypto
The U.S. Senate Committee on Agriculture (surprisingly!) has introduced a draft bill on digital commodity intermediaries that aims to define the structure of the crypto market and the principles for regulating it. There are plenty of interesting details in the document (for example, how it approaches the regulation of memecoins). But I want to focus on...
Bitcoin's Biggest Problem Isn't Volatility - It's Trust
A year ago, one of the clients of rabbit.io made several BTC -> PAX Gold swaps involving very large amounts. Or maybe it was several clients - I honestly do not know, we do not collect personal data from people who use our service. I only noticed that there were several large swaps, and they happened right around the time when Bitcoin hit yet...
How Do You Prove That Your Crypto Is Lawful?
Governments have come up with plenty of ways to put obstacles in the way of crypto enthusiasts and make cryptocurrencies harder to use. * In some countries, any crypto transactions are outright banned. * In others, critically important operations are allowed only through licensed intermediaries (custodial wallets). * Elsewhere, crypto transactions are hit with excessive taxes. Today, a court...
Bitcoin Below 1 ZH/s: No AI Threat Here
Today, several crypto media outlets, following a statement by StandardHash CEO Leon Lyu, reported that Bitcoin's network hashrate has fallen below 1 ZH/s for the first time since mid-September. The news was immediately linked to mining power allegedly being redirected to AI workloads. At first glance, this may look like a threat to Bitcoin from the AI industry. But is...
AI Tokens 2.0: From Empty Promises to Real Compute
In January 2026, the crypto market is once again obsessed with artificial intelligence. But if you think we are simply back in 2024, you are mistaken. The rules have changed. Naive faith in "agents that will change the world" has been replaced by something far more cynical - and far more pragmatic. While some traders are still burying portfolios...
What Happened to Retail Stablecoin Redemption at Paxos?
I used to think of Paxos as a special kind of stablecoin issuer - one that others should look up to. The reason was simple: Paxos consistently positioned its stablecoins as direct equivalents of US dollars. Anyone could sign up on the Paxos website, deposit stablecoins and receive actual dollars in return. The Internet Archive preserves a snapshot of a page where Paxos explained...
