Category: on the blockchain
on the blockchain
Another big crypto hack: Axie Infinity’s Ronin network.
Friendly reminder that the existence of blockchains with value creates a permanent incentive for people to steal that value. “This hack totals almost $625 million at current value, making it the largest decentralized finance hack to date…” | learn more
on the blockchain
Navigating the Urbit.
Messari profiles Urbit, “… a private, digital homestead for all-around Web3 usage; its peer-to-peer OS offers cloud and community-based services. It’s built from the ground up and runs on almost any phone, tablet, laptop—or anything with Unix and an internet […]
on the blockchain
Planet of the billion dollar Bored Apes.
The company behind the Bored Ape Yacht Club NFTs just raised $450 million at a $4 billion valuation and this skeptic makes it seem not super crazy. This finally put me over the edge of paying for the Every newsletter […]
on the blockchain
Michael Jordan’s NFTs.
“HEIR, a Solana-based fan engagement platform launched by Michael Jordan and son Jeffrey, launched its first NFTs today.” They cut the number of NFTs from 10k to 5k, presumably due to slower-than-expected sales. | learn more
on the blockchain
Reporter can finally buy crypto after leaving NYT.
A thread by Nathaniel Popper: “One fringe benefit of leaving the NYT is that I have been able to play around w/ owning and trading crypto for the first time. I’ve still got plenty of unanswered questions, but the big […]
on the blockchain
Crypto-mining gangs are running amok on free cloud computing platforms.
This is from May 2021. Basically there are a bunch of web services that offered free tiers of virtual machines. The gangs got the idea to create a bunch of fake accounts to run crypto mining scripts, leaving the services […]
on the blockchain
DJ Steve Aoki made more money from NFTs last year than royalties ever.
Reading this might be like a Rorschach test, highlighting exactly how you want to feel about the new market. | learn more
on the blockchain
The promise of DAOs, the latest craze in crypto.
“The blockchain business model has made headlines for sensational ploys. But in quieter corners DAOs are forging a promising new ecosystem for digital startups.” | learn more
on the blockchain
Web3 is going just great.
“…and is definitely not an enormous grift that’s pouring lighter fluid on our already-smoldering planet.” Woo! | learn more