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British Museum's carbon splurge on 'demeaning' NFT scheme

Project criticised for toll on the environment, as digital assets stored and traded using electricity-guzzling cryptocurrency Ethereum ....

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Who hurts most in US$600mil Axie heist? 'Not the venture capitalists'

After learning that hackers had made off with an eye-popping US$600mil (RM2.53bil) from a software system tied to their beloved Axie Infinity video game, players reacted with shock and disbelief – and for the most part, kept on playing. ....

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Crypto Isn't Decentralized – It's Actually Controlled by a Few Big Wigs Who Exploit Low-Paid Laborers, Critics Say – Your Black World

By Victor Omondi According to some sceptics, cryptocurrency may not be the decentralized, equal-investment opportunity that many people believe it is. Majority of the crypto world, which includes blockchain-backed technologies like digital currencies, non-fungible tokens, internet organizations, play-to-earn video games, the metaverse, and Web3, has a “colonialist mindset,” according to researcher Catherine Flick, which relies […] ....

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Crypto Isn't Decentralized and Has Undergone 'Recentralization'

Crypto thrives on a "colonialist mindset" that features people at the top exploiting labor at the bottom, according to researcher Catherine Flick. ....

Molly White , Dan Olson , Terms Of Service , School Of Computer Science , Montfort University , Ape Yacht Club , Catherine Flick , Computer Science , Bored Ape Yacht Club , Yuga Labs , Mi Exclusive , Venture Capital , Natasha Dailey ,

Crypto isn't decentralized. It's actually run by a handful of big wigs exploiting low-paid workers, says long-time internet academic.

The world of crypto relies on central entities and low-paid workers, one critic says. The market has a "colonialist mindset" focused on planting flags ....

Molly White , Natasha Dailey , Dan Olson , School Of Computer Science , Montfort University , Ape Yacht Club , Catherine Flick , Computer Science , Bored Ape Yacht Club , Yuga Labs ,