
A week ago, I started looking into why governments get so nervous when they hear the word "cryptocurrency", what exactly they see as so bad about it, and why operations involving it should be restricted or banned. In the first part of the article, I talked about the economic threats posed by cryptocurrencies: risks to banks...

A few days ago, I wrote about how, according to some data, cryptocurrencies whose futures were launched on Binance lose around 80% of their value within 300 days. But it turns out the problem is not futures at all - and not even Binance. According to data from Cryptorank, a huge number of tokens listed on other exchanges (even without futures trading) have dropped just as...

Today, Binance announced that it will change the structure of its SAFU (Secure Asset Fund for Users) by gradually converting stablecoins into Bitcoin. The process will take 30 days, and the total amount to be converted is $1 billion. The stated goal is to support the industry amid uncertainty. What I find interesting is this: which industry exactly is being...

There is a page on SolanaCompass that tracks decentralization metrics for the Solana network. One of the charts on that page has a great title: "How have the number of validators grown over time?" What makes this chart so great? Despite the title, it clearly shows that over the past three years the number of validators has not grown at all. On the contrary, it...

This chart has been circulating widely for the past couple of days and has triggered a wave of outrage among people who invest in tokens that get listed on major exchanges. It shows the median performance of a portfolio made up of cryptocurrencies whose futures started trading on Binance in 2025. According to the chart, the portfolio steadily loses value over time and ends...

Citrea has just launched on mainnet - an EVM rollup built on Bitcoin. This is a very important milestone for the healthy, long-term development of the crypto ecosystem. Originally, the EVM was supposed to be a "Bitcoin killer", offering features that Bitcoin itself could not provide. Instead, Bitcoin survived, thrived, and remained the foundation of the entire crypto market...

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...

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...

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...

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...