Luna landing: Crypto chaos

After Elon Musk’s first extended interview since SpaceX’s blockbuster IPO, The Economist editor-in-chief reflects on what he told her: that AIs will be in charge in ten years, his dark view of Europe and the inevitably of civil war in Britain. At what age is a child responsible f ...  Show more

Many people, including politicians, love to hate the super-rich, and assume they have gamed the system. Yet our correspondent reports that a growing share of today’s wealthiest earned their money providing goods and services we all want. A new crackdown on scam compounds in Cambo ...  Show more

Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the d ...  Show more

The notionally dollar-pegged “stablecoin” quietly underpins many crypto-market moves. We ask what the currency issuer’s <a href="https://www.economist.com/finance-and-economics/2021/02/23/tether-is-fined-by-regulators-in-new-york?utm_campaign=the-intelligence&utm_medium=podcas ...

Behind the Money is back! Our first episode is part 1 of 2 in a miniseries on crypto. First up, we're wondering: is a crypto vibe shift underway? Bitcoin’s price has been dropping for weeks and earlier this month, a popular stablecoin collapsed. FT reporter Ethan Wu explains h ...

At the start of this week, FTX was the world’s third-largest crypto exchange. After rumours of illiquidity swirled, customers pulled $6bn in assets. It now reportedly faces an $8bn shortfall, and the contagion is spreading. The Sama-Bajau have fished the same waters for centuries ...  Show more