Keep up with the happenings in the tech world without all the boosterism. Cryptocurrency critic, technology researcher, and software engineer Molly White publishes Citation Needed, a newsletter that features weekly explainers of developments in the cryptocurrency industry, with summaries of the latest disasters featured on her well-known project Web3 is Going Just Great. She also does deep dives into important events in the broader technology industry, with added critical context that is too ...
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Cryptocurrency companies have co-opted legitimate concerns about banking discrimination to fight regulation — and Congress is buying it. Originally published on February 14, 2025.Molly White による
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Crypto exchanges face legal troubles, and Trump’s crypto empire grows as regulations are slashed and enforcement is sidelined. Originally published on February 5, 2025.Molly White による
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Exposed PDF metadata from the Office of Personnel Management reveals that Heritage Foundation-linked Trump devotees are writing policies at federal agencies. Originally published on January 27, 2025.Molly White による
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Trump horrifies even some of his crypto-steeped fans by launching a memecoin before his inauguration, and a flurry of activity from the new administration signals what’s in store for the crypto world in the next four years. Originally published on January 24, 2025.Molly White による
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No, Trump didn’t make $50 billion from his memecoin
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20:00Journalists’ flawed math and ignorance of crypto markets turn tokens into fake fortunes. Originally published on January 20, 2025.Molly White による
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Issue 74 – Stop asking me questions like “where does the yield come from”
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30:57Regulators and lawmakers eagerly prepare to abdicate any last traces of interest in the wellbeing of everyday Americans as they suck up to the powerful billionaires who will soon be publicly calling the shots. Originally published on January 17, 2025.Molly White による
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Terra founder Do Kwon is finally extradited, the CFPB proposes crypto consumer protections, and Polymarket reaches new lows. Originally published on January 10, 2025.Molly White による
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The world's richest man has joined a growing chorus of right-wing voices attacking Wikipedia as part of an intensifying campaign against free and open access information. Originally published on January 2, 2025.Molly White による
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Not just one bad apple: FTX's practices were business as usual in crypto
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40:29Adversary cases from the FTX collapse further expose how crypto companies do business: with secret acquisitions of “grey area” businesses, buying influence, and creative accounting. Originally published on December 30, 2024.Molly White による
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The SEC is still busy even though it may soon be undermined, crypto industry capture of government continues to worsen, and several media outlets botch their crypto reporting at a time it’s needed most. Originally published on December 23, 2024.Molly White による
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Issue 71 – (Crypto) banks are not your friends
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35:28Celsius’ Alex Mashinsky pleads guilty to fraud, some Tornado Cash sanctions are overturned, and billionaires complain about “debanking”. Originally published on December 5, 2024.Molly White による
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The Cryptocurrency Industry's Unprecedented Election Spending
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38:14The cryptocurrency industry spent almost $200 million to influence the outcomes of the 2024 United States elections. This unprecedented degree of corporate spending from a relatively small industry had a major effect — but probably not in the way you think. Let's talk about where the money came from, where it went, what the cryptocurrency industry'…
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Issue 70 – The Cryptocurrency States of America
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38:12Crypto’s efforts to buy the 2024 elections paid off, and we’re in for a bumpy ride. Originally posted on November 15, 2024.Molly White による
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A message to those asking “what do I do now?” Originally published on November 8, 2024.Molly White による
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Coinbase threatens me that continuing to report on their activities would be “.... unwise”. Also, election spending hits a fever pitch, with several new crypto PACs coming out of the woodwork. Originally published on November 2, 2024.Molly White による
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I am my own legal department: the promise and peril of “just go independent”
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12:47Independent publishing is one important facet of the media ecosystem, and while I love it, I know it is not the path for everyone. Originally published on October 26, 2024.Molly White による
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Guilty or coerced? Ryan Salame’s last interviews before prison
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28:21Unpacking my conversation with FTX executive Ryan Salame, where we discussed his claims that he’s innocent of the charges for which he’s now serving seven and a half years in prison. Originally published on October 21, 2024.Molly White による
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Harris shouts out crypto in her “Opportunity Agenda for Black Men”, one crypto exec leaves prison as another enters, and Stand With Crypto bets on the favorites. Originally published on October 16, 2024.Molly White による
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Earlier this year, I gave a talk at the XOXO festival in Portland, Oregon about the very important fight for our web, and how we can all play a part in it. Here's a recording of that talk.Molly White による
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Caroline Ellison: A woman with agency or a helpless pawn?
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11:08Why did the former Alameda Research CEO receive only two years imprisonment for her role in the FTX collapse? Originally published on October 2, 2024.Molly White による
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POSSE: Reclaiming social media in a fragmented world
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9:27A simple technique offers the best of both worlds: total control over your own work, while still maintaining a presence on third-party platforms. Originally published on September 27, 2024.Molly White による
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Crypto resurfaces on the campaign trail and the FTX fallout continues to unfold. Also, merch! Originally published on September 23, 2024.Molly White による
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FTX fraudster Sam Bankman-Fried says he wants a do-over, and some more ill-received blockchain games suggest “GameFi” has an uncertain future. Originally published on September 17, 2024.Molly White による
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The recent Second Circuit decision in Hachette v. Internet Archive is only the latest battle in the war on libraries and the freedom to read. Originally published on September 12, 2024.Molly White による
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Even the most pro-Trump crypto faithful think Trump’s new crypto scheme is a terrible idea. Also, an FTX crypto executive earns some benefit of the doubt, a lawsuit accuses “Pharma Bro” Martin Shkreli of disrespecting the Wu-Tang Clan, and there's a hamburglary. Originally published on September 6, 2024.…
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Polling: Are Democratic voters really “increasingly gravitating towards crypto”?
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44:15Paradigm has polled some Democratic voters about crypto and released a summary of their results. How does it stack up to other industry polls, which are often heavily manipulated to paint a deceptively rosy picture? Originally published on August 30, 2024.Molly White による
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Issue 64 – Pointing its arsenal at our friends
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25:02As parts of the crypto industry scramble to court the Harris administration with events like “Crypto4Harris”, others insist it is Harris who must “bend the knee”. Originally published on August 17, 2024.Molly White による
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Sexism in Bitcoin: an interview with Lyn Alden
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48:47I'm joined by investment strategist and bitcoiner Lyn Alden to continue an earlier conversation about sexism in the bitcoin world. Links we discuss in this interview: DL News article on the gender breakdown of speakers at Bitcoin 2024 Association for Women in Cryptocurrency (AWIC) "State of Inclusion" survey Pantera survey on gender and pay in the …
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Coinbase responds to campaign finance violation allegations, Trump panders to bitcoiners, and I talk about my chat with Lyn Alden about sexism in bitcoin. Originally published on August 7, 2024.Molly White による
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Coinbase appears to have violated campaign finance laws with a $25 million super PAC donation
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16:39Actively involved in contract negotiations with a federal government agency, Coinbase was likely prohibited from making its $25 million contribution to the Fairshake crypto super PAC in May 2024. Originally published on July 30, 2024, and updated on August 5.Molly White による
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When did cryptocurrency policy become a voter issue?
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11:59I don’t believe that it has. In addition to all the spending, the cryptocurrency industry has been working overtime to sell a story: that there is a large contingent of voters who will be strongly factoring in candidates’ crypto policy stances when they vote in the upcoming elections. The problem is, it’s a story that does not seem to be well suppo…
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Coinbase’s Stand With Crypto Alliance fudges the numbers, a (former) crypto industry CEO has a meltdown, and another exchange suffers a nine-figure hack. Originally published on July 23, 2024.Molly White による
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FollowTheCrypto.org: A new project to track cryptocurrency industry spending to influence 2024 elections in the United States. Originally published on July 12, 2024.Molly White による
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How will recent Supreme Court decisions affect the crypto world? Also, more absurdity from the crypto lobby, and some new regulatory actions. Originally published on July 5, 2024.Molly White による
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The crypto industry jumps on the Trump train. Originally published on June 24, 2024.Molly White による
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Issue 59 – Hot damn, this is going to get interesting quickly
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26:45Are US legislators warming to crypto? The SEC approves Ethereum ETPs, and a crypto bill gets through the House. Originally published on June 7, 2024.Molly White による
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Cryptocurrency companies have raised over $115 million to influence US elections this cycle, and they’re just getting started
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12:20As election season kicks into high gear, we need to watch how cryptocurrency companies are influencing US politics. Originally published on May 30, 2024.Molly White による
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I am more worried about privacy than crypto crime. Originally published on May 23, 2024.Molly White による
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Issue 58 – Threats to the stability and integrity of Ethereum
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24:02The Justice Department worries about the stability of Ethereum, DCG tries to bilk their subsidiary's creditors, and Biden threatens a crypto veto. Originally published on May 18, 2024.Molly White による
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Issue 57 - I take deep breath and I get real high
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30:25Changpeng Zhao's sentencing, FOIA requests reveal past FBI investigations into Coinbase, and the SEC is on a Wells notice bender. Originally published May 7, 2024.Molly White による
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Many yearn for the "good old days" of the web. We could have those good old days back — or something even better — and if anything, it would be easier now than it ever was. Originally published on May 1, 2024.Molly White による
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The Binance CEO's sentencing draws near, and prosecutors have been busy chasing down other crypto criminals. Also, lawmakers take another stab at stablecoin regulation. Originally published on April 25, 2024.Molly White による
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AI can be kind of useful, but I'm not sure that a "kind of useful" tool justifies the harm. Originally published on April 17, 2024.Molly White による
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The bitcoin "halving" looms, and that may not be as good news as coiners hope. Also, Terra committed fraud and Uniswap got a Wells notice. Originally published on April 13, 2024.Molly White による
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Crypto-related litigation is in full swing, as the Terra civil fraud trial has kicked off and two other cases against crypto companies have survived motions to dismiss. Originally published on April 2, 2024.Molly White による
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"The judgment has to adequately reflect the seriousness of the crime, and this was a very serious crime." Originally published on March 28, 2024.Molly White による
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Sam Bankman-Fried wants only six years for his "victimless" crime
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17:22Sam Bankman-Fried maintains that his crimes were victimless and resulted in zero losses, and therefore warrant only six years of imprisonment. Prosecutors argue that 40–50 years are justified. Originally published on March 26, 2024.Molly White による
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Euphoria has risen along with crypto prices, but nothing has changed from the last bubble. Originally published on March 13, 2024.Molly White による
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Bitcoin prices are spiking. Are we in for another round of crypto mania? Also, Sam Bankman-Fried doesn't want to go to jail for 100 years. Originally published on February 29, 2024.Molly White による
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It's been a quiet few weeks in the world of crypto disasters... too quiet. Originally published on February 14, 2024.Molly White による
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