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Check FAQAbout Mathew
Mathew Di Salvo is a journalist based in Medellín, Colombia. Previously a reporter at the UK's largest independent news wire, he is used to covering breaking news as well as longer, in-depth feature pieces. Mathew started his career as a local newspaper hack.
Interview (Print / Radio / Podcast)
Fact Checking
Fact Checking
Portfolio
Bitcoin Miner Facing $5.6M Fine for Starting Rogue Power Plant
A Bitcoin mining operation by Vancouver-based Link Global in Alberta, Canada, has been fined $5.6 million for operating without planning permission. The Alberta Utilities Commission (AUC) received complaints from residents about noise and found that the company had set up power plants without proper licensing. Link Global's CEO, Stephen Jenkins, admitted to mistakes and plans to contest the fine, arguing that the penalty is unwarranted. The case highlights the regulatory challenges and community impacts associated with energy-intensive Bitcoin mining operations.
People Are Spending Millions of Dollars on Loot for Games That Don’t Exist
The article explores the emerging trend of NFTs in the gaming industry, focusing on projects like Loot and Dope Wars, which involve selling digital assets for games that do not yet exist. It highlights the speculative nature of these ventures, the community-driven development efforts, and the significant financial investments being made. Despite the excitement and potential for future games, there is skepticism about whether these projects will result in playable games or remain speculative investments. Key figures like Dom Hofmann and Neeraj Agrawal provide insights into the motivations and challenges of this NFT craze.
A Critic of El Salvador's Bitcoin Law Was Arrested Allegedly Without a Warrant
El Salvador police arrested Mario Gómez, a cryptocurrency specialist and critic of the country's new Bitcoin law, allegedly without a warrant. Gómez was released later the same day, but his arrest sparked social media movements and protests against the Bitcoin law. The law, championed by President Nayib Bukele, aims to bring economic benefits but has faced criticism from the World Bank and concerns over financial crime. Bukele, despite high approval ratings for improving security, faces criticism for authoritarian tendencies and attacks on the press.
Hacker Returns Half of Stolen $600M In Cryptocurrency, Asks for Donations
Hackers who stole approximately $600 million from the decentralized finance project Poly Network have started returning the funds, with $260 million already returned. The hackers, who claim to have intended to return the funds all along, have asked for donations and posted messages on the blockchain explaining their actions. Poly Network had urged the hackers to return the funds, highlighting the unprecedented scale of the theft in the DeFi space. The incident underscores ongoing vulnerabilities in the rapidly growing DeFi sector.
Cryptocurrency Lost Big In Senate Infrastructure Bill Provision. Now What?
The US Senate passed a $1.2 trillion infrastructure bill that includes a provision extending tax reporting requirements to cryptocurrencies, causing significant concern within the crypto community. The bill's vague wording could impact a wide range of entities in the cryptocurrency industry, prompting fears of an exodus of crypto companies from the US. Despite the bill's passage, there is still potential for amendments in the House of Representatives and further interpretation by regulatory agencies. Key stakeholders, including senators, tech billionaires, and advocacy groups, have voiced their concerns and are pushing for changes to the bill to protect the crypto industry's future in the US.
Miami Launches ‘MiamiCoin’ to Make Millions and Fund the Police
How Green Is 'Green' Bitcoin Mining?
Bitcoin mining's environmental impact has drawn criticism from figures like Elon Musk and Sen. Elizabeth Warren. Miners are increasingly turning to renewable energy sources, such as hydroelectric and wind power, to mitigate carbon emissions. The Bitcoin Mining Council, formed to promote renewable energy use, reflects this trend. Companies like Argo Blockchain and CleanSpark are investing in green mining operations, while others use carbon credits to offset emissions. Despite efforts to decarbonize, the debate over Bitcoin's environmental footprint continues, with some viewing green initiatives as greenwashing.
Attacks and bodyguards: The price of being a Colombian journalist
Leiderman Ortiz, the founder of the La Verdad del Pueblo newspaper in Caucasia, Colombia, has faced multiple attempts on his life due to his work exposing crime and corruption. Despite the dangers, including grenade attacks and being followed by hitmen, Ortiz continues his journalistic mission with the help of state-provided security. Caucasia, a hub for the cocaine trade and violence, has seen a high murder rate, and the situation has worsened since the 2016 peace deal between the FARC and the government. The power struggle among rebel groups and criminal bands has increased the risk for journalists like Ortiz. The Committee to Protect Journalists and the Foundation for Press Freedom have expressed concern over the rising aggression against the press in Colombia. Ortiz's dedication to journalism and his role in providing trustworthy information to the citizens of Caucasia, who often distrust local authorities, underscores the importance and risks of reporting in conflict zones.
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