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Follow the Crypto

It’s finally time to release my newest project: FollowTheCrypto.org.

This website provides a real-time lens into the cryptocurrency industry’s efforts to influence 2024 elections in the United States.

A screenshot of the front page of FollowTheCrypto.org, showing total amounts raised by crypto-currency focused PACs ($203 million) and amounts spent ($38 million). There are also graphs showing expenditures by political party, and expenditures by PAC. There is a list of the top elections influenced by crypto industry money, of the most highly-funded super PACs overall, and of recent expenditures by crypto-focused committees.

I have been working on this for the past two months, after growing increasingly concerned about the influence this industry is trying to exert. Did you know crypto companies have spent more this cycle than the oil or pharmaceutical industries, despite being a small fraction of the size?

A bar chart showing the amount of election spending by sector. Data: Crypto  $203,000,000,All health  $193,706,986,Communications  $178,671,462,Lawyers & lobbyists $172,810,610,All energy  $152,567,769,Labor $120,230,704,Transportation  $98,461,871,Construction  $85,162,003,Agribusiness  $84,400,550,Defense $25,445,961

There is more to come, including a bot that will post real-time updates about contributions or expenditures, which you can follow in advance at @followthecrypto . You can also learn more in my announcement post over at Citation Needed.

Please share widely! And, if you don’t already, consider supporting my work. This kind of independent research is what I do full-time, entirely thanks to support from people like you. https://www.mollywhite.net/support/

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Sentencing dates have been set for FTX's Nishad Singh and Gary Wang. Singh is scheduled to be sentenced on October 30, and Wang on November 20.

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To reinforce and encourage Mastodon as the go-to place for journalism, we’re launching a new feature today. You will notice that underneath some links shared on Mastodon, the author byline can be clicked to open the author’s associated fediverse account, right in the app. This highlights writers and journalists that are active on the fediverse, and makes it easier than ever to follow them and keep up with their future work—potentially across different publications. Writers often work with different publishers over the span of their careers, but Mastodon is the perfect platform to amass a loyal audience that you, as the author, truly own, and can take with you across the fediverse.
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I think to have journalism with integrity, you have to have technology with integrity. And in my mind, open source is the way to have technology with integrity. And I want the best journalism to win because it's the best journalism, not because they have the best platform.
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Even if you don’t plan to build a full website and start blogging, at least buy a domain, build a page that links to your other online presence. That way you can get started with little work and when you start to get ideas that don’t quite fit into any social platforms you’re in, you have a place to put it – and people you’ve shared your address before already know where to find you.
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Here I get to share my thoughts in a place I control. I get to piss around and add/remove new features & eye candy as I see fit. And on top of all that, I get to have a place on the web that's 100% mine that (hopefully) expresses a bit of my personality too. All of that is extremely difficult on a cookie cutter social media profile.