Last month, venture capitalist Balaji Srinivasan announced the Network School, a three-month learning retreat marketed to people interested in “network nations,” a kind of utopia for the anarchocapitalist set. The inaugural class is 150 people. It starts today. Details about the school have been shrouded in secrecy, even for the …
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Since around 2013, Jonathan Mann’s sole job has been writing and posting a song online each day. With titles ranging from “Yeah, I’m Rocking a Headband” to “Joe Biden, Retire” (posted July 1), his pop tunes are at turns whimsical and topical. Some go viral. Still, says the Connecticut-based Mann …
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You are a hamster, you want to get rich, and you’re also the CEO of a crypto exchange. This is the premise of Hamster Kombat, the new Telegram “mini-game” that claims to have more than 300 million players. It’s become so popular that in June, an Iranian military leader accused …
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A judge in the UK High Court has directed prosecutors to consider bringing criminal charges against computer scientist Craig Wright, after ruling that he lied “extensively and repeatedly” and committed forgery “on a grand scale” in service of his quest to prove he is Satoshi Nakamoto, creator of bitcoin. In …
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When Tigran Gambaryan was first invited in February to meet with the Nigerian government in order to settle a dispute with his employer, the cryptocurrency exchange Binance, Nigerian officials detained him against his will, stripped him of his passport, and told him he was a “guest” of the state. He's …
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Cryptocurrency has always made a ripe target for theft—and not just hacking, but the old-fashioned, up-close-and-personal kind, too. Given that it can be irreversibly transferred in seconds with little more than a password, it's perhaps no surprise that thieves have occasionally sought to steal crypto in home-invasion burglaries and even …
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Updated 9 am ET, May 14, 2024: A Dutch court has found Tornado Cash cofounder Alexey Pertsev guilty of money laundering and sentenced him to 64 months in prison. In the fall of 2020, as crypto scammers and thieves began to realize the full potential of a financial privacy tool …
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Joe Lubin is in a fight with the Securities and Exchange Commission. Not only is the financial regulator waging war against Ethereum, he claims, but making a grab for jurisdiction over the future of the Internet. So Lubin has decided to punch back. In 2015, Lubin was part of the …
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Ryan has been self-employed for 15 years. He works long hours on two small manufacturing businesses. But he finds time to daydream about getting in early on a cryptocurrency that goes to the moon. In 2021, the price of Dogecoin, a crypto token started as a joke, increased 70-fold in …
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A century ago, a commuter train carrying hundreds of passengers from Park Row to Brighton Beach, New York, took a perilous stretch of rail at seven times the appropriate speed. At the controls was Edward Luciano, a young and inexperienced driver with only two hours of training, brought in as …
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