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As a new week begins, assets that were deprived of attention in the last seven days have been getting noticed by investors. Stacks [STX], the Bitcoin [BTC] layer for smart contracts, was one such token, as revealed by LunarCrush.

Read Stacks [STX] Price Prediction 2023-2024

According to the social intelligence provider for the crypto industry, Stacks social engagements, mentions, and dominance jumped over 100% in the last 24 hours. This hike implied that the community interaction, discussion, and traction were at incredibly top levels from a social perspective.

Although the increase had subdued a little, the perception around the token had bullish tendencies. An in-depth assessment of LunarCrush showed that bullish sentiment had increased by 95% between 2 April and press time.

But the average bearish sentiment also had a similar trend. The metric specifically looked at posts that suggest cynicism over time. Therefore, STX was still subject to negative image despite its 316% 90-day price increase.

However, STX rode with the expectations of the bulls, increasing by 3.82% in the last 24 hours.

Based on the daily chart, the 20 EMA (purple), which had crossed the 50 EMA (yellow) on 23 January, had maintained the same position at the time of writing. This stance implied that traders were bullish on STX, and the cryptocurrency had the potential to establish a new uptrend.

Furthermore, the Moving Average Convergence Divergence (MACD) displayed a different trend from the EMAs. The MACD condition, as of this writing, showed that the orange dynamic lines rose above the blue.

Another notable part of the MACD trend was how it crossed the signal line (arrowed) into the downward path. Hence, this could serve as a confirmation of the corresponding bearish trend.

Besides its price action, there has been significant change in Stacks Total Value Locked (TVL). The TVL measures the amount of unique smart contract deposits in a protocol. Up until 25 March, Stacks TVL was on a rapid increase.

Realistic or not, heres STXs market cap in BTCs terms

However, since 26 March, the value had significantly dwindled, bottoming at $25.5 million. This decrease meant that Stacks was beginning to lack usability among investors. Moreover, these participants were no longer willing to lock up assets in the projects linked contracts.

However, it seemed that STX remained one of traders top options, mostly in part due to its 24-hour 230% rise in volume. Such a high rate depicted that a lot of buying and selling was going on with the token at press time.

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Stacks [STX] gains newfound attention from investors, but will its uptrend last - AMBCrypto News

Blockchain technology has been rapidly gaining attention and popularity in recent years for its potential to revolutionize various industries, including finance, healthcare, and supply chain management. As the technology continues to evolve, so does the demand for professionals with blockchain expertise. Consulting has emerged as a lucrative career path for those with knowledge and skills in this field. In this article, we will explore the steps to start a consulting career in the blockchain industry and take advantage of the opportunities presented by this emerging technology.

To start a consulting career in the blockchain industry, it is essential to understand the fundamentals of blockchain technology. The first aspect is to have a basic understanding of blockchain and distributed ledger technology. Blockchain is a decentralized digital ledger technology that uses a distributed network of computers to keep track of transactions. It is transparent, secure, and immutable, which makes it an attractive option for various industries. Understanding how the technology works and its potential applications can provide valuable insights to clients seeking to incorporate blockchain into their business models.

Another important aspect of blockchain technology is the concept of cryptocurrencies and digital assets. Cryptocurrencies, such as Bitcoin and Ethereum, are digital currencies that operate on blockchain technology. Digital assets, on the other hand, are tokens or assets that are represented on a blockchain. Understanding the differences between the two and how they operate can provide insights into the potential uses and challenges of incorporating blockchain technology into financial systems.

Smart contracts and decentralized applications (dApps) are also key components of blockchain technology. Smart contracts are self-executing contracts that are recorded on a blockchain, allowing for the automation of processes and transactions. dApps, on the other hand, are decentralized applications that operate on blockchain technology. Understanding how these technologies work and their potential applications can provide valuable insights for clients seeking to incorporate blockchain technology into their business models.

Finally, it is essential to have a good grasp of consensus mechanisms and network security. Consensus mechanisms are the mechanisms used by blockchain networks to reach agreement on the state of the network. Understanding how they work and their strengths and weaknesses can provide valuable insights for clients seeking to build or join a blockchain network. Network security is also critical, as blockchain networks can be vulnerable to attacks. Understanding the potential vulnerabilities and how to mitigate them can provide valuable insights to clients seeking to implement blockchain technology.

To develop a successful career in the blockchain industry, it is important to acquire relevant skills and expertise. One of the key skills to have is programming languages. Knowledge of programming languages such as Solidity, JavaScript, and Python is crucial for developing smart contracts and decentralized applications (dApps) on the blockchain. Furthermore, expertise in cryptography and cybersecurity is necessary to ensure the security of the network, protect users data, and prevent attacks on the system.

In addition to technical skills, proficiency in data analysis and visualization is also valuable in the blockchain industry. As the use of blockchain technology generates large amounts of data, it is important to analyze and visualize this data to draw insights and make informed decisions. Project management and business analysis skills are also essential in the blockchain industry, as blockchain-based projects often involve multiple stakeholders, complex processes, and changing regulatory landscapes. Finally, excellent communication and presentation skills are vital in the consulting field, as it is important to communicate complex technical concepts and solutions to non-technical stakeholders in a clear and concise manner.

Gaining industry experience is crucial for building a successful consulting career in the blockchain industry. One way to gain experience is through internships or entry-level positions in blockchain-related companies. These positions offer hands-on experience and exposure to the latest technologies and trends in the industry.

Collaborating on open-source blockchain projects is another way to gain experience and build a portfolio of work. Open-source projects provide opportunities to work with other developers and gain exposure to the development process of real-world blockchain applications.

Participating in hackathons and blockchain conferences is also a great way to gain experience and network with professionals in the industry. Hackathons provide an opportunity to work on real-world blockchain challenges and showcase your skills and expertise. Attending blockchain conferences provides a chance to learn about the latest developments in the industry and network with potential employers and clients.

Networking with professionals in the blockchain industry is essential for gaining industry experience. Building relationships with professionals in the industry can lead to job opportunities and collaborations on blockchain projects. Attending networking events, joining industry groups, and participating in online forums are all effective ways to connect with professionals in the industry.

Acquiring professional certifications is an excellent way to validate your expertise in the blockchain industry. The most popular blockchain certifications include the Certified Blockchain Professional (CBCP) and Certified Blockchain Developer (CBCD), which assess knowledge of blockchain fundamentals, smart contract development, and use cases. These certifications are offered by recognized organizations such as the Blockchain Council and ConsenSys Academy. The value of these certifications lies in the credibility they provide to potential employers, demonstrating your knowledge and skills in a standardized way.

Additionally, project management and business analysis certifications are also valuable for a consulting career in the blockchain industry. Project management certifications, such as PMP (Project Management Professional) and PRINCE2 (Projects In Controlled Environments), showcase your ability to manage projects effectively, while business analysis certifications, such as CBAP (Certified Business Analysis Professional) and PMI-PBA (Professional in Business Analysis), validate your skills in analyzing business requirements and developing solutions. These certifications are widely recognized and sought after in the industry, and can help you stand out in a competitive job market.

Defining your consulting niche is an important step in establishing your consulting career in the blockchain industry. You may choose to specialize in a specific industry such as finance, supply chain, or healthcare, and focus on how blockchain technology can solve the unique challenges in that industry. For instance, a consultant with expertise in finance may advise clients on how to use blockchain for secure and efficient financial transactions, while a consultant with experience in healthcare may guide clients on how blockchain can improve patient data privacy and interoperability.

Alternatively, you may choose to focus on a specific blockchain technology such as Ethereum, Hyperledger, or Corda. Each of these technologies has its unique features and use cases, and specializing in one of them can allow you to develop deeper expertise and offer more tailored consulting services to clients. For instance, a consultant with expertise in Ethereum may advise clients on developing smart contracts and decentralized applications on the Ethereum network.

You may also choose to specialize in a specific type of service, such as strategy, implementation, or security. As a strategy consultant, you may advise clients on how to integrate blockchain technology into their business processes, while an implementation consultant may help clients develop and deploy blockchain solutions. A security consultant may focus on assessing and mitigating the security risks associated with blockchain implementations.

Defining your consulting niche can help you focus your skills and expertise, and position yourself as an expert in a specific area of the blockchain industry. This can help you attract clients and establish a successful consulting career in the long run.

Establishing your personal brand is crucial to success in any consulting career, including the blockchain industry. Here are some key steps to building your personal brand:

A. Creating an online presence: Develop a personal website and LinkedIn profile to showcase your skills, experience, and interests. Use a professional headshot and optimize your profile for relevant keywords related to blockchain consulting.

B. Publishing content: Share your expertise by publishing articles and blog posts on blockchain topics. This can help establish you as a thought leader and increase your visibility in the industry.

C. Speaking at events: Participate in blockchain conferences, webinars, and meetups. This provides an opportunity to share your insights and network with others in the industry.

D. Building a network: Build relationships with other blockchain professionals, both online and offline. Join relevant industry groups and engage with other professionals on social media platforms like Twitter and LinkedIn.

By establishing your personal brand, you can position yourself as a knowledgeable and experienced blockchain consultant and stand out in a competitive industry.

Developing a solid consulting business plan is essential for success in the blockchain industry.

Here are some key steps to take when creating a business plan:

Firstly, its important to define your target market and ideal clients. Consider the industries and businesses that can benefit most from your blockchain consulting services. Research and identify potential clients that fit your ideal profile and determine their specific needs and pain points.

Next, determine your service offerings and pricing strategy. Decide on the services you will offer, such as strategy development, implementation, or security consulting. Consider the value you are bringing to your clients and set competitive and reasonable pricing.

Develop marketing and sales strategies to promote your services to potential clients. Consider using a mix of tactics, such as content marketing, social media advertising, and attending industry events to raise awareness and generate leads.

Set up the legal and financial structure of your consulting business. Choose a business structure that suits your needs and seek legal and financial advice to ensure compliance with relevant regulations and tax laws. This includes obtaining any necessary licenses or certifications.

By following these steps, you can create a strong and effective business plan for your blockchain consulting career.

To succeed in a consulting career in the blockchain industry, it is crucial to seek out clients and opportunities. Here are some strategies to help you get started:

A. Leverage your professional network: Reach out to your network of colleagues, mentors, and industry contacts to let them know about your consulting services. This can be an effective way to get your foot in the door with potential clients and build your reputation in the industry.

B. Partner with other consultants or consulting firms: Collaborating with other consultants or firms can help you expand your offerings and reach a broader client base. Look for opportunities to team up with other professionals in the blockchain industry who have complementary skills and expertise.

C. Attend industry events and conferences: Attend conferences, meetups, and other industry events to network with potential clients and learn about new trends and developments in the industry. Be sure to bring business cards and be prepared to talk about your consulting services.

D. Utilize freelance platforms and job boards: Consider signing up for freelance platforms and job boards that specialize in blockchain-related projects. These platforms can connect you with clients who are looking for blockchain expertise and help you build your portfolio of consulting work.

By actively seeking out clients and opportunities, you can establish yourself as a trusted and knowledgeable consultant in the blockchain industry. Remember to be proactive, persistent, and always looking for new ways to grow your consulting business.

The blockchain industry presents a wealth of opportunities for aspiring consultants to build a rewarding career. As the industry continues to grow and mature, the demand for blockchain expertise and consulting services is likely to increase. However, success in this field requires continuous learning and staying current with the latest industry trends, as well as developing relevant skills and establishing a strong personal brand. By defining your consulting niche, developing a business plan, and seeking out clients and opportunities, you can build a successful career as a blockchain consultant while contributing to the growth and adoption of this revolutionary technology.

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Steps to A Blockchain Industry Consulting Career: Maximizing ... - Cryptopolitan

Cardano users are soon expected to be able to access Ethereum Virtual Machine (EVM) contracts straight from their Cardano (ADA) wallets, increasing the networks value for users and developers.

An Ethereum Virtual Machine (EVM) is a runtime environment for executing smart contracts on the Ethereum blockchain. It functions as a decentralized virtual computer that developers can use to create decentralized applications (dApps) and deploy smart contracts. The EVM ensures the security and isolation of smart contracts from the broader Ethereum network while enabling the execution of contract code.

EVM is designed to be both blockchain-agnostic and language-agnostic, meaning that it can potentially be implemented on other blockchains, and developers can use various programming languages to write smart contracts. However, Solidity is the most widely used language for coding Ethereum smart contracts.

This upcoming functionality will be provided by Milkomeda, a network that bridges blockchains like Cardano and Algorand to EVM contracts. According to its team, Milkomeda delivers rollup technologies to leading Layer 1 ecosystems by offering the most popular smart contracting language, Solidity, while enhancing inter-blockchain interoperability, user experience, and developer traction all at the Layer 2 level.

On Thursday (March 30), Sebastien Guillemot, Co-Founder and CTO at blockchain company dcSpark, announced that Cardano is poised to become one of the largest Ethereum Virtual Machine (EVM) chains by user count next month. Guillemot, a former VP of Engineering & Cardano Product Manager at EMURGO, was tweeting about the upcoming launch of a feature on Milkomeda, Cardanos EVM layer, that will allow every Cardano user to access EVM contracts directly from any Cardano wallet.

Based on Guillemots announcement, the new feature will support transactions using pure ADA and will expand Cardanos user base, elevating its status among EVM chains. Furthermore, Cardano is set to become the largest EVM chain with fully operational staking rewards, as stated by the dcSpark CTO. Guillemot emphasized that Milkomeda will soon enable staking rewards for all EVM users, including smart contract developers. According to Guillemots tweet, developers who build on Cardanos EVM layer can look forward to automatic payments every five days.

The new feature will permit Ethereum application developers to build on the Cardano network using Solidity, the programming language employed for coding Ethereum, without installing new toolkits or learning a different language. Consequently, these applications can exclusively use $ADA tokens rather than $ETH, enhancing utility for $ADA token holders.

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dcSpark CTO: 'Cardano Will Be a Top EVM Chain Next Month' - CryptoGlobe

This past September, Democratic California governor Gavin Newsom vetoed a bill that overwhelmingly passed both chambers of the California legislature and would have delivered rules and transparency to the states burgeoning and largely unregulated cryptocurrency industry.

The move came after the crypto industry spent more than$400,000 on lobbying effortsand representatives from the Bay Area tech giant Salesforce lobbied Newsom directly on blockchain technology and other industry matters and treated him toa swanky dinner, according to lobbying disclosures.

This wasnt the only time Newsom refused to crack down on crypto operations, even in the face of mounting industry scandals and imploding crypto firms. Last December, Newsoms office published a largely glowingreporton cryptocurrencies crafted mainly by tech and venture capital interests including several crypto companies facing lawsuits and enforcement actions.

Last month, the governors office did not find it necessary for anyone to attend an oversight hearing by California lawmakers on cryptocurrencys recent effects on the state the same day that Newsom found the time toattend a frothy press conference with Elon Musk.

And earlier this month, Newsomlobbiedthe Biden administration for abailout of Silicon Valley Bank, one of themain financial institutions for Silicon Valleys largest investors. He didnt, however, disclose the fact that he and his wife, Jennifer Siebel Newsom, are both clients of Silicon Valley Bank, according tothe Intercept.

These developments are just the latest example of how Newsom appears to be letting Big Tech and Wall Street interests dictate Californias approach to reining in cryptocurrency, at the expense of consumer protection.

Newsom, often seen as a future Democraticpresidential candidate, has the potential to have California set the standard on crypto regulations, much like it has done with vehicle emissions. California is the most populous state in the country, the soon-to-befourth-largest economyin the world, and home to more than 20 percent of all blockchain and crypto companies in North America.

Now California assemblymember Tim Grayson (D), author of the previously vetoed crypto bill, has proposed new legislationto regulate the crypto industry. The bill aims to license crypto exchanges operating in California by 2025, require companies to issue financial stability reports, and ban unbacked stablecoins.

Stablecoins are a digital currency designed to have a one-to-one value with a common currency like the dollar. Unbacked stablecoins, on the other hand, rely on a convoluted system of algorithms for their value.

Its clear that licensure is the next natural step for this industry, and it is equally clear that until we take that step, Californians will continue to be vulnerable to prevalent and preventable financial scams, Grayson said in astatementannouncing the new legislation.

If the California legislature passes the bill, Newsom may again be put to the test: Will he sign a bill that offers basic consumer protection, or once again do the bidding of his friends in Big Tech?

Newsoms office did not respond to a request for comment.

Cryptocurrencies are essentially unregulated digital money or assets that can be bought and sold on exchanges similar to virtual stock markets. Blockchains are an open-source digital ledger technology used to track the cryptocurrency transactions.

The lack of regulations on crypto allows for a bevy of scams such as pump and dump schemes, which involves creating excitement around a certain cryptocurrency and selling it while the prices are high,as well as the selling of blatantlyfake products.

Crypto also requires a ton of electricity. Bitcoin, for example, utilizes proof of work, a blockchain technology that uses large amounts of electricity to solve increasingly challenging math problems.

In May 2022, Newsom issued an executive order aimed to promote research into blockchains and set California crypto policy in line with aBiden administration order that sought to establish consumer protection, promote financial stability, and research the creation of a US-run digital currency.

Newsoms order directed a number of government agencies to collaborate on a report looking at the effects cryptocurrency has had on the economy and how cryptos underlying technologies could be used by the government.

Really excited to see [California] taking the initiative on blockchain policy to protect consumers, provide oversight, and help grow the economy. Excited to work with @GavinNewsom on this!tweetedsince-disgracedfraudster Sam Bankman-Fried, who led the now-defunct crypto exchange FTX.

Despite the fact thattwo major cryptocurrenciesimploded within days of Newsoms order and a crypto exchange utilized by48,000 Californianssoon went bankrupt, the subsequentreport, released in early December, ended up being largely a spin piece for the crypto industry.

Of the forty-seven attendees who took part in ten roundtable discussions for the report, only six attendees were dedicated to consumer protection, according to a list of attendees provided by Californias Department of Financial Protection and Innovation. Of the remaining forty-one attendees, thirty-seven came from tech, crypto, and venture capital companies.

A number of the participants represented crypto companies facing lawsuits and federal enforcement actions.

There wasKraken, which was fined by the Treasury Department in November 2022 for facilitating sanctions evasion;Gemini, which the Securities and Exchange Commission (SEC) charged this January for unregistered securities offerings and sales; Ripple, which the SEC also charged with unregistered securities offerings in December 2022; andSilvergate Bank, which collapsed on March 9 and isallegedly facing a Justice Department investigationdue to its role in facilitating transactions between FTX and Alameda Research two companies run by Bankman-Fried.

Also in attendance for the roundtable discussions wereHUMBLE, Inc., which is facing a lawsuit for making materially false and misleading statements to its clients; BlockandOpenSea, which are facing lawsuits for security breaches; andPayPal, which is being sued for seizing customer assets without notice. One roundtable attendee suggested California can destigmatize crypto by promoting a greater understanding in the public sphere, the report states, essentially recommending that the state help launder cryptos poor reputation.

The resulting report briefly acknowledged the need for regulation, scams associated with cryptocurrencies, and how marginalized groups that are traditionally underserved by the banking system have fallen victim to hacks, scams, fraud, and product collapses.

But instead of detailing policy recommendations for consumer protections, the report directed Californias Department of Financial Protection and Innovation to educate Californians on how to not get scammed and train its staff who engage with consumers on how best to seek redress.

Newsoms report also acknowledged the environmental impacts associated with blockchain technology. But instead of legislative or regulatory remedies, the report simply recommended encouraging more environmentally efficient blockchain technologies and environmental protections and making consumers aware of the environmental impacts and . . . any claims of clean energy use and carbon offsets.

Such an approach doesnt directly combat the massive carbon footprint of cryptos proof-of-work processes and relies solely on the consumers environmental values, said Jeremy Fisher, a senior advisor at the Sierra Club, who took part in one of Newsoms roundtable discussions.

I understand California is interested in not wanting to stifle innovation, but even from the parties that were part of our roundtable who are interested in innovation, they were very clear that the idea of proof of work . . . was not really something that was in Californias interest, Fisher told us.

Consumer advocates were disappointed in the report, arguing that innovation should not take precedence over basic protections.

This is not an area where we want to be behind, this is an area where California should be leading, said Robert Herrell, president of the Consumer Federation of California. [Crypto] is an industry in need of adult supervision, and right now it is not there.

Several of the companies that took part in the crypto report have donated generously to Newsoms political campaigns.

That included Cameron and Tyler Winklevoss, cofounders of Gemini, who donated $116,000 to Newsoms first gubernatorial run in 2018, according to state disclosures. Brad Garlinghouse, CEO of Ripple, donated $20,000 to Newsoms 2018 campaign as well. OpenSea also donated $10,000 to Newsoms 2022 gubernatorial run, according to state disclosures.

Newsom, in fact, has a long history of being cozy with Big Tech, dating back to his time as San Franciscos mayor, whenhe spokeat major tech conferences. Later, when he served as the states lieutenant governor, Newsomrented spacein the Founders Den, a venture capitalist clubhouse in San Francisco, instead of using the state office provided for him.

Founders Den provides the kind of collaborative and creative atmosphere to foster new ideas not only for emerging new businesses, but government as well, Newsom said at the time.

One of the managing partners of Founders Den contributed $12,000, the maximum amount allowed, to Newsoms campaign for lieutenant governor,accordingtoSFGate.

In 2014,Newsom accepted political donations in Bitcoinduring his run for lieutenant governor. The state made it anofficial policyallowing politicians to accept all cryptocurrencies as donations in 2022.

More recently, as governor, Newsom signed multiple no-bid contracts with tech and health care companies during the COVID-19 pandemic. The vast majority are Newsom supporters and donors who have contributed more than $113 million to his political campaigns and charitable causes, or to fund his policy initiatives, since his first run for statewide office in 2010,Kaiser Health Newsreported.

In 2021, the Bay Area tech behemoth Salesforce won a contract to help create MyTurn, theextremely unpopularwebsite dedicated to helping Californians register for COVID-19 vaccines. It has cost the state at least$50 million. Salesforce is run by Marc Benioff, thegodfatherof Newsoms eldest son.

On May 18, 2022, in the lead-up to the California legislature introducing the crypto regulation bill that Newsom would later veto, representatives of Salesforcetreated Newsomto a $130 dinner.

The company also lobbied Newsommultiple timesonblockchain-related issues, according to state lobbying disclosures. Salesforce runs itsown blockchain servicethat allows for thestaking of ownership claims to digital art known as non-fungible tokens (NFTs) and constructing digital smart contracts.

Musk, the controversy-plagued tech magnate whom Newsom recentlylaudedfor bringing Teslas engineering headquarters back to Silicon Valley, has donated $28,300 to Newsoms campaign efforts since 2009, according to state disclosures.

Musk is also a crypto enthusiastand wants Twitter tostart processing paymentswith crypto as an option.

During the pandemic, he repeatedly hyped Dogecoin, a cryptocurrencycommonly referredto as a shitcoin, due to its over-reliance on Musk hyping the digital currency and its lack of value. Teslaaccepts Dogecoinas a form of payment, but thats more or less the extent of its use.

Amid the crypto markets turmoil this past summer, the California legislaturepasseda bill that would have required cryptocurrency companies to seek licensure with the state, much like New YorksBitLicenseprogram. The bill would have also banned unbacked stablecoins and required financial stability disclosures from companies.

In letters of opposition to the bill, the Blockchain Advocacy Coalitionwrotethat the provisions lacked clear definitions needed to prevent the potential stifling of a nascent yet promising industry and that the bill could be a major deterrent for smaller companies in the industry that are unable to navigate such a lengthy, cumbersome and expensive compliance process.

Newsom seems to have agreed, vetoing the bill on September 23.

A more flexible approach is needed to ensure regulatory oversight can keep up with rapidly evolving technology and use cases, and is tailored with the proper tools to address trends and mitigate consumer harm, Newsom wrote in hisveto statement, adding that it would premature to adopt a licensing structure ahead of forthcoming federal actions.

Six weeks after Newsoms veto, crypto exchange FTX began to collapse, and with it federal legislation that was largely seen as awish listfor the crypto industry.

I remain frustrated by the administrations release of the executive order and its dismissal of the legislatures concerns, especially since those concerns have been proven correct time and again, said California assemblymember Tim Grayson, chair of the Assembly Banking and Finance committee, during a February oversight hearing looking into cryptos effects on the California economy.

The simple fact is California has not lived up to its reputation as a leader and we have failed to provide some basic consumer protections in this particular space, added state senator Monique Limn (D), chair of the Senate Banking and Finance committee.

Now, both Grayson and Limn are the lead authors of anew crypto licensing billthat is making its way through the legislature, and both seem to be undeterred by Newsoms lack of involvement with the legislation.

The legislature has received no significant engagement on this topic, nor have we seen any crypto-specific regulations proposed, Limn said during the hearing. While I would have liked to have seen the governors office participate in this conversation, we will do our best to understand the administrations support and approach.

Excerpt from:

California Governor Gavin Newsom Is Giving the Crypto Industry ... - Jacobin magazine