Nobody Stole the Keys
Bitget says no private key was stolen. The forensic reports show a withdrawal tool that forged its own risk-control parameters. What an approval step has to check, and the toy attack that broke the fi...
Key Knowledge
Crypto Is Bad in All Sorts of Ways
Environmental destruction, greater fool economics, regulatory arbitrage, and ransomware's favorite payment method. The SEC was right all along.
The Quantum Computing Threat to Crypto Is Overblown
Quantum computing won't break cryptocurrency for 15-30 years. Meanwhile, social engineering, bridge exploits, and insider threats stole $3.4 billion in 2025....
DeFi Will Never Be Finance
DeFi advocates claim they're building the future of finance while removing everything that makes finance work: recourse, recovery, accountability, and....
I Evaluated Dozens of Blockchain Startups in 2018
What I learned doing technical due diligence on blockchain startups seeking funding. The technology works - for exactly one use case....
The NFT Crash Was Predictable
NFTs crashed nearly 90% from their 2021 peak. This was predictable from the start....
Blockchain: The Solution Looking for a Problem
Blockchain has been 'revolutionary' for 15 years without revolutionizing anything. Every enterprise blockchain quietly becomes a regular database....