La Frontera, by Carlos Sanchez, TruthDAO opinion columnist I recently boarded a plane in South Texas’s McAllen Miller International Airport and was astonished by what I saw: In a county that the U.S. Census Bureau says is just one percent Black or African American, the passenger load was easily one-third Black. As I took my […]

By Kathy Chu, TruthDAO Before FTX went belly up, tech entrepreneur and value investor Mike Alfred predicted that Celsius Network and BlockFi would collapse. He made that prescient prediction last year. Both companies have since filed for Chapter 11 bankruptcy protection. Alfred thinks it\’s just a matter of time before others go bust. Some of

The Mediaverse by Dennis Kneale, TruthDAO columnist The overnight collapse of the FTX crypto trading platform wiped out $8 billion in investor funds and sparked $200 billion in crypto losses. Yet, up until a few weeks ago, FTX was adored by the media and admired by some of the most powerful investment firms in the

By Kathy Chu, TruthDAO So. Many. Warning. Signs. And to all appearances, every one of them was missed. FTX had a valuation of $32 billion, making it the third largest crypto exchange in the world. It had the backing of top-tier investment funds, including Sequoia Capital, BlackRock and SoftBank. As for its 30-year-old founder and

By Kathy Chu, TruthDAO The contagion from FTX\’s collapse underscores the appeal of keeping funds in your own custody, says crypto executive Stephen Young. After years of designing software for banks, Young helped found Coindirect, a peer-to-peer cryptocurrency exchange, in 2017. He left three years later to start NFTfi, a decentralized lending platform. Young\’s pivot

The Mediaverse by Dennis Kneale, TruthDAO columnist Former President Trump, who often says the liberal media are the “enemy of the people,” has a new nemesis: the conservative media. They are turning on him with a startling vehemence in the wake of the Republican bellyflop in the midterms. Even more startling, this turning on Trump

By Kathy Chu, TruthDAO J. Christopher Giancarlo has witnessed seismic shifts in the crypto industry before, including the initial-coin-offering boom that turned into an epic bust in 2018. He also had a front-row seat to these watershed moments. From 2014 to 2019, Giancarlo was with the Commodity Futures Trading Commission, which regulates the U.S. derivatives

The Mediaverse by Dennis Kneale, TruthDAO columnist On the morning after the Red Wave That Wasn’t, it became clear that the media and their relieved Democrat allies have a new nemesis: election “deniers,” Republican candidates who have dared express any doubts about the 2020 election. The media are copiously tracking down election deniers and calling