There is no doubt that a high proportion of crypto projects are indeed ponzis, and retail investors therefore need to be protected by wise regulations. If such a shift had taken place at the end of 2020, I would have been on the side of sceptics such as economist Paul Krugman, billionaires Bill Gates and Warren Buffet, statistician and risk analyst Nassim Taleb, economist Nouriel Roubini and professor-lawyer Robert Reich who believe that cryptocurrencies are, at best, a solution looking for a problem, a technological innovation with no real world value and therefore akin to ponzi schemes even when promoters are not actual scamsters. No assets soared as high as crypto currencies when the going was good and none have plunged so precipitously in the past few months. Prices of speculative assets, boosted by massive government stimuli during the pandemic, are crashing in the era of elevated inflation, rising interest rates and quantitative tightening. The latest crypto winter has set in and looks to be a harsh one. How the law is being misused to stop Indians from criticising politicians.From 2014 to 2019: How the Adani Group funded its expansion.With no treatment in sight for long Covid, some patients are opting for ‘blood washing’.Amidst UK heatwave, a reminder of how British colonials exploited ‘punkah-walas’ in India’s summers.In the month before Independence, six recent books explore what it means to be Indian.World Athletics C’ships men’s javelin final as it happened: Neeraj Chopra bags historic silver.In charts: As the rupee touches 80 against the dollar, what does this mean for India’s economy?.Four arrested youth took permission before reading namaz at Lucknow’s LuLu Mall, relatives claim.World Athletics C’ships: Neeraj Chopra wins historic silver medal for India.The history of the mysterious Lajja Gauri found around India.Feeling the heat: How memsahibs in the 19th century tried to party through Indian summers.‘Welcome to Chennai’: Musician AR Rahman composes ‘Welcome Anthem’ for 44th Chess Olympiad.

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