Where finance and media intersect with reality.

Important WordPress subscriber note

This is a gentle reminder to those of you who are still signed up to the WordPress site that the Blind Spot is in the process of migrating to Substack. I’ve explained the rationale for this move here last year. The overall 2026 post-Politico strategy is laid out here.  Reality is, the extra admin of […]

Tether faces its Euroclear moment

The world’s largest stablecoin is suspected of helping U.S. authorities seize millions of dollars worth of crypto profits from the Venezuelan government. The reputational hit could prove costly.