The Node

The NFT Market Is Already Centralized
Decentralized computing doesn’t always lead to a decentralized market structure.

$2T and Counting: Some Friday Perspective
It’s easy to become desensitized to the value being generated in crypto. Here are a few real-world analogs.

If Crypto Causes ‘Instability,’ It’s Because the System Is Unstable
Crypto is increasingly interconnected in the global financial system, regulators warn. But the potential knock-on effects of a crypto market collapse would be of their own making.

Biden’s Orwellian Tax Surveillance Policy
It’s political suicide for the Democrats, and a dark sign for America.

What Jamie Dimon Doesn’t Understand About Bitcoin
The JPMorgan CEO thinks the bitcoin supply cap is changeable. He ain’t wrong, but he definitely ain’t right.

Sign-In With Ethereum Is Coming
The dangers of letting Facebook control your online identity are clear. One alternative would use your Ethereum wallet instead, and let you control your own data.

US Wants to Regulate Stablecoins First
Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

Web 3 Is Where the Young People Are
The massive Facebook outage caused major disruptions yesterday, but also showed how attention is shifting away from gated, centralized platforms.

Who Really Wants Corporate NFTs?
The reaction to TikTok’s new crypto collectibles suggests NFTs still have a publicity problem.

Gary Gensler Says Crypto Is a ‘Wild West.’ Others See Pure Capitalism
The SEC chairman wants to marry financial innovation to the regulatory state. Crypto wants a divorce.

