Schadenfreude is having a field day after the spectacular fall of Sam Bankman-Fried and FTX. John Lindsey was inspired to link to a fun song parody.
All I need to say about this is in my June article in LLRX.com, Is A Crypto Collapse Inevitable?
The Coming Collapse of Crypto: Technical Reasons
Theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go after the weakest link in the chain, usually the way in which the algorithm is implemented. Perhaps more ominous, the emergence of a new class of devices called
Is A Crypto Collapse Inevitable?
Is cryptocurrency mania just the most serious recent example of the Greater Fool Theory?
Check out the article I co-authored with Elizabeth Southerland for LLRX.com.
Working from Home & Career Development
Maryann Zaki is bitter–and it sounds like with good reason.
One of her many justified complaints after being pushed out of Biglaw is:
“I was told that I couldn’t “expect to have 3 kids and go on 3 maternity leaves, and make partner at the same time as everyone else” (uh, okay – good
The Crypto Meltdown
As many technically savvy experts predicted, the crypto house of cards is collapsing.
There are technical reasons why the crypto bubble is bursting, including the fact that theoretically unbreakable encryption schemes like those underpinning blockchain have proven to be less than impermeable in practice, as users of Coinbase discovered upon losing fortunes. Attackers go