Joel Khalili

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A Row Erupts Over Texas’ Bold Bitcoin Battery Plan

Fred Thiel, CEO of Marathon Digital, claims that crypto miners participating in demand response schemes have helped to stave off blackouts in Texas this year. Mining facilities acted “like a capacitor,” he...

Crypto Contagion Is Spreading, Fast

To ensure Genesis wasn’t hamstrung by the loss, its parent company, Digital Currency Group (DCG), bailed it out. But in the aftermath, Genesis cut 20 percent of its workforce to reduce costs and Michael...

The Race To Save Sam Bankman-Fried’s Other Crypto Exchange

Decentralized exchanges differ from their centralized counterparts (like FTX, Binance, Coinbase, and others) in a few important ways. Most notably, instead of relying on an intermediary to match buyers with sellers, DEXs...

The Fallout of the FTX Collapse

Aaron Kaplan, a securities attorney and co-CEO of trading platform Prometheum, says that although the final outcome for FTX and its customers is not yet crystal clear, there is precedent in scenarios...

This Billion-Dollar Crypto Collective Is Tearing Itself Apart

Something on which everyone can agree, whether fans of Christensen or not, is that the existing governance system is in need of reform. “There are a lot of teams, and it is...

What the Hell Happened to FTX?

CZ has denied that he deliberately created a liquidity crisis at FTX—”I spend my energy building, not fighting,” he tweeted on November 7—but Tim Mangnall, whose company Capital Block has consulted for...

Twitter Had a Plan to Fix Social Media. Will Elon Musk Follow It?

Musk’s chief concern will be whether he can align his philosophical affection for decentralization with the need to turn Twitter into a profitable business. He has previously expressed a desire to open...

A Chaotic Crypto Launch Reveals How Hard It Is to Beat Ethereum

Other community members have attacked Aptos for its failure to release the tokenomics—a description of the distribution of tokens, how they will function, and when they will be released into circulation—ahead of...

Joel Khalili

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