William Binney, the NSA surveillance architect-turned-whistleblower, called it the “turnkey totalitarian state.” Whoever sits in power gains access to a boundless surveillance empire that scorns privacy and crushes dissent. Politicians will come and go, but you can help us claw the tools of oppression out of government hands. JOIN EFF Become a Monthly Sustaining Donor We must stand strong to uphold your privacy and free expression as democratic principles. With members around the world, EFF is empowered to use its trusted voice and formidable advocacy to protect your rights online. Whether giving monthly or one-time donations, members have helped EFF: Sue to stop warrantless searches of…

Are stablecoins stable? Come on, it’s in the name!Of course, the crypto industry has certainly seen categories misnamed. Anyone remember NuBits? Surely you lost money in Terra? Just last year, DeFi stables, including Synthetix and Ethena, lost their peg. And even robust stablecoins like Circle’s USDC and Tether have seen temporary depegging over the years.It appears basic questions about stablecoins might actually uncover important lines of inquiry, especially as they relate to the structural risks of a nascent technology. As industries look to adopt stablecoins — sometimes even bypassing the much more battle-tested traditional financial system — it’s probably worth…

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