Self Insurance and the Illusion of Protection

Self Insurance and the Illusion of Protection

In his new biography of Sam Bankman-Fried, author Michael Lewis takes the controversial step of painting SBF as more sloppily-dressed, right-place-wrong-time pioneer than deceitful anti-hero, and FTX as more sloppily-run, wrong place-right-time crypto exchange than...
Three Risk Lessons of FTX

Three Risk Lessons of FTX

The collapse of FTX continues to dominate Web3 dialog, and with good reason: it was the black swan event almost nobody saw coming. Naturally, the focus is on understanding how it happened and if it could have been prevented. As founders of the world’s first crypto...