Tales from the crypto: An exchange implodes

We go deep inside the Chernobyl nuclear-power plant and the surrounding exclusion zone, recounting the history of the accident on April 26 1986, and speaking with plant workers who were on shift that day. A pre-eminent Chernobyl historian discusses the lessons learned and yet to ...  Show more

We examine what our forecast model predicts so far—and consider what might change its confident prediction for one house of Congress and toss-up call for the other. Our correspondent sits down with Steve Reich, a pioneering classical composer who is nearing his 90th birthday. And ...  Show more

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

Sequoia Capital plans to move deeper into cryptocurrency markets and has earmarked at least $500mn for investments in cryptocurrency assets, and a global financial regulator says that policymakers must act quickly to craft rules for digital asset markets. Plus, the FT’s Moscow ...

A slump in tech is driving investors to <a href="https://www.economist.com/leaders/2023/03/02/the-tech-slump-is-encouraging-venture-capital-to-rediscover-old-ways?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.t ...

It promised a financial revolution - a liberation from money middlemen. But then the $3 trillion industry of cryptocurrency lost two thirds of its value in six months. So was it all a cult of personality? Or is the revolution still to come?

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