The Rug

Clocking in the end of 2023 and what a year it has been! Bitcoin is up ~150% year over year, Ethereum ~90% and Charles Hoskinson is just upset nobody has noticed how much he's stolen yet. A game of many blockchains is emerging and hipsters are moving off Solana to seek a cooler lesser known L1.

Bitcoin Maxis refuse paternity test, El Salvador mints constitution as ordinal NFT, and Ryan from BanklessHQ gets rugged, again.

Letter From The EditorDear spherical-viewing apparatuses, In the last few weeks we've seen some wild turns in crypto: SBF played a "Get out ...

Satoshi Speaker of the House, Ethereum Proof-of-Work miners discovered in a cave in Colorado, and 97% of American think "The Fed" is a buffet chain.

Dearest Eyeballs, I am pleased to present The Rug’s First Newsletter, your least bad source of crypto news. Take it as an offering, once a month. For many of our stories, we are the only Web3 news outlet reporting on them! How is it that no one else was willing to cover it when Michael Saylor Insists Baskin-Robbins Has Only One Flavor, or how US President Joe Biden Urges Gas Station Operators to “Migrate to Layer 2 Immediately” in a Bid to Stymie Skyrocketing Gas Prices, and of course heroic feats like Solana Goes Full Day With No Down Time? Our reporters are out there, day after day, breaking news like when OpenSea claimed, “It’s only money laundering if you get caught.”

SBF Arrested, Trump NFTs, and Rugstradamus strikes again!

Dearest Operating Systems, There's a twinge of fall in the air, and a looming sense that the bear market just may be over. The Rug is proud to keep shipping through the peaks and troughs of the existential experience known as crypto-life. This issue is jam-packed with goodies, for example...