It’s All About Crypto Blog
Kaito’s Crisis and the One Way Paid Content on X Still Makes Sense
Yesterday, it was announced that X had updated its API policy for developers. Applications that pay users for posting were cut off from the API. About a year ago, I wrote an article about one such project: Kaito. It rewards content creators, and the main - and almost the only - platform taken into account when calculating rewards until yesterday was X itself. But it...
Banks Want to Ban Stablecoins Because They Work Too Well
Brian Moynihan, the CEO of Bank of America, has said that allowing non-bank companies to pay interest on stablecoins could trigger an outflow of up to $6 trillion from the US banking system - around 30-35% of all deposits. That is why the US banking sector is pushing for a ban on passive income from stablecoins. I find arguments like this surprising...
On Market Caps and Network Metrics
The official Solana account on X published a sarcastic tweet claiming that Starknet (a ZK-rollup for the Ethereum blockchain) has only eight daily active users and ten transactions, while its market capitalization is around $1 billion. The author of the tweet suggests that this valuation should be sent to zero. The Solana's tweet is written as if the market capitalization of the STRK token were the capitalization...
Could Ethereum Collapse Under a Price Crash?
The Bank of Italy has published an article about a potential infrastructure risk affecting Ethereum. The paper focuses specifically on Ethereum, but the vulnerability it describes could, in principle, apply to other blockchains as well. The author models a scenario in which the price of ETH starts to fall sharply, regardless of the underlying reasons. In such a...
USDT: The Stablecoin People Trust to Avoid Being Frozen
The Wall Street Journal has described USDT as the financial artery of Venezuela's economy. According to the newspaper, stablecoins make it easier to move money quickly, reduce the risk of funds being blocked, and obscure the ultimate recipients. As a result, a large share of the country's oil revenues in recent years has reportedly flowed through crypto-based schemes. WSJ made similar...
Where Did Immutable Smart Contracts Go?
When DeFi was first gaining momentum, one of its strongest selling points was immutability. Advocates would contrast smart contracts with centralized services like exchanges or casinos. The narrative was simple and compelling. * Centralized exchanges, casinos, payment processors and similar services require trust in their owners. The owner can freeze your account, change fees, run off with your...
Before You Hold USDB: A Closer Look at Its Backing and Redemption
USDB is gaining traction in the Bitcoin ecosystem. Over the past few days alone, I have come across five wallets that already support it. Flashnet - the company most actively promoting USDB - recently announced a passive income program where you earn rewards simply for holding USDB. What is more, those rewards are promised to be paid in Bitcoin. That sounds appealing, so...
NFA + DYOR: When Disclaimers Kill the Message
I was reading the DWF Ventures article "2026: Looking Forward", where the analysts shared their view on the crypto industry segments with the strongest growth potential. I went through DWF's assessments and forecasts, and at first glance, they seemed solid and well-grounded. But the ending left me frustrated: "NFA + DYOR". When a research-based article ends with a call to...
Zcash Lost Devs, Not Tech - Then What Exactly Did the Market Panic About?
The price of ZEC dropped sharply today, tumbling from $480 to $400. When the crash happened, I genuinely believed it would bounce back just as fast. After all - what triggered such a brutal dive? The CEO of the company behind Zcash development publicly announced that the entire engineering team had resigned following a conflict with the board of directors. The...
How Ethereum and Solana See Their Wins
Ethereum and Solana teams have shared their annual ecosystem highlights on X. Ethereum posted theirs here, and Solana published theirs here. These posts clearly showcase a fundamental difference in philosophy and strategy. While both blockchains lead in certain areas, they measure success using entirely different benchmarks. Ethereum chose metrics that reinforce its role as a global financial...
