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View More NewsIn brief Permissionless access shows only that someone can enter the financial system, she argues, while inclusion depends on whether they can use it safely. Every user has an “error budget”: a $25 fee is an annoyance on a $10,000 transfer and a quarter of a $100 one. Sub-Saharan Africa recorded $205.7 billion in on-chain value in the year to June 2025, according to Chainalysis, with $92.1 billion of it in Nigeria. Web3 presents itself as a more inclusive financial system, open to anyone with a smartphone and internet access. And that’s significant progress for sure, but just because we…
In brief Bybit has sued North Korea, its Reconnaissance General Bureau and the Lazarus Group in U.S. federal court over the $1.5 billion theft from the exchange in February 2025. A judge granted a preliminary injunction freezing identified stolen assets and found Bybit likely to succeed on the merits, according to the exchange. Some $48 million has been recovered and $31 million frozen across more than 28 exchanges and custodians. Crypto exchange Bybit has filed a civil lawsuit against North Korea over the theft of $1.5 billion from the exchange in February 2025, and secured a court order freezing stolen…
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In 1940, one of the great literary showdowns of the last century took place between one of Britain’s great men of letters and a writer whose name most readers of this essay will never have heard. From one corner of the literary ring strode George Orwell, the ancient-jacketed patron saint of plain speaking, cigarette adroop. Facing him was another assiduous smoker—a pipe man, in this case—and writer of popular children’s stories. This mismatched fight did not go as expected.The morbidly private Charles Hamilton was the undisputed world champion of that peculiarly British genre, the English school story, and over the…
Latest News
Bitcoin ‘anti-spam’ BIP goes nowhere fastSupporters of the BIP-110 soft fork hoped to eradicate spam from the blockchain, but after a lengthy and heated…
In brief Supporters of BIP-110 split off into a minority Bitcoin chain on Saturday at block 961,632, but it mined only two blocks in…
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that…
Bitcoin BTC$65,182.59 exchange-traded funds (ETFs) pulled in $853.54 million in net inflows for the week ended Aug. 7, the largest weekly total since mid-April,…
In brief SpaceX publicly disclosed its IPO filing ahead of a planned Nasdaq debut under the ticker SPCX. Elon Musk will retain majority voting…
Missouri is suing the company behind cryptocurrency ATM operator CoinFlip for “knowingly facilitating fraudulent transactions and profiting from them,” in the latest move by…
Raúl Castro, Cuba’s 94-year-old former dictator, was indicted Wednesday for his alleged role in the 1996 shootdown of two civilian aircraft operated by Brothers…
Network NewsETHEREUM COMMUNITY RESPONDS TO EF DEPARTURES: A wave of departures from the Ethereum Foundation (EF) is reigniting a debate inside the crypto industry:…
Hester Peirce, a two-term commissioner at the US Securities and Exchange Commission (SEC), head of the agency’s crypto task force and known to many…
In brief Fairshake claimed victory after six congressional candidates won Tuesday primaries with over $20 million in crypto industry support. But all GOP winners…
from the it’s-just-so-brazen dept There were two rumors last week regarding the supposed “settlement” of Donald Trump’s ridiculously problematic lawsuit against his own IRS,…
The New York Times is once again suing the Pentagon over its press rules, this time challenging a policy implemented in March that requires…