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A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs. BrandonBigheart/Wikimedia

Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them

A Welsh mining company was the first to issue tokens to workers as an alternative form of payment.
Tech billionaire Dustin Mosovitz is one of the world’s wealthiest effective altruists. Patricia de Melo Moreira/AFP via Getty Images

What’s effective altruism? A philosopher explains

The term, coined in 2011, refers to people who seek to use their money and time to make as much progress as possible toward solving the world’s most pressing problems.
A worker from Hope House, an organization that sponsors the use of cryptocurrencies on El Zonte beach, makes a purchase at a small shop that accepts bitcoins, in Tamanique, El Salvador, June 9, 2021. (AP Photo/Salvador Melendez)

Cryptocurrencies are in crisis, but they are not going to disappear

An expert in the field of cryptocurrencies answers the question: Is crypto really here to stay or is it just a fad?
Sam Bankman-Fried, once considered a star in the freewheeling world of cryptocurrency, has been charged with conspiracy, fraud and money laundering. Stefani Reynolds/AFP via Getty Images

FTX’s collapse mirrors an infamous 18th century British financial scandal

In the Charitable Corporation Scandal, a group of politically connected directors leveraged the company’s altruistic image to attract investors – before raiding the funds to prop up other ventures.
Given the complexity of polycules, it’s important for participants to be on the same page. Nikki Kahn/The Washington Post via Getty Images

What’s a polycule? An expert on polyamory explains

FTX founder Sam Bankman-Fried, his on-and-off girlfriend, Caroline Ellison, and others involved in the company were reportedly in a polycule together.
The cryptocurrency exchange FTX fell from a multibillion-dollar company to bankruptcy in less than a week. NurPhoto via Getty Images

Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won’t affect most people

Even though some traditional financial firms parked millions in the bankrupt company – once valued at $30 billion – the impact of FTX’s spectacular crash is limited to crypto investors

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