This is why I have been trying to warn about #BlueSky.

BlueSky has just been partially bought by a cryptocurrency company "Blockchain Capital" and appointed a blockchain / cryptocurrency expert to their board:

https://bsky.social/about/blog/10-24-2024-series-a

The board member is a bitcoin researcher involved with NFT analytics.

BlueSky describe the tie-up with Blockchain Capital as a "natural partnership" and says the blockchain company has "a uniquely deep understanding of our decentralized foundation".

(via @jwz)

Bluesky Announces Series A to Grow Network of 13M+ Users - Bluesky

Bluesky now exceeds 13 million users, the AT Protocol developer ecosystem continues to grow, and we’ve shipped highly requested features like direct messages and video.

^Bluesky