A brief introduction to modern-day pirates

How massive cargo ships fight off modern pirates

Piracy on the high seas costs a reported $16 billion each year from either theft or damage incurred during an attempt to pirate massive cargo ships. This video breaks down several ways companies attempt to fend off would-be thieves. Pirate crews are...

Near the end of the 1700s, the United States was forced to pay Barbary pirates an annual tribute equal to 16% of its entire budget.

Francis Drake: favored English pirate who sailed around the world

Before becoming the global explorer that many know him as today, Sir Francis Drake was a pirate, merchant, and slave trader. This in-depth article dives into the life of Drake, who's commonly credited as the first person to circumnavigate the globe by ship successfully.

Where the world's most wanted pirate hid in the 1600s

Metal detectorists who discovered 500-year-old silver coins have helped support the theory that notorious 16th-century pirate Henry Every hid out in several American colonies.

Crunching the numbers on the cost of ransomware

This blog is a preview of the 2022 Crypto Crime Report, offering a summary of ransomware activity in 2021, the most active strains of ransomware, and more (w/ data, charts, and illustrations).

Historians estimate that only 1% of shipwrecks have been discovered.

Explaining deep-sea mining, including its economic benefits and potential biomedical risks

Extraction via machines sweeping the ocean floor would reduce child labor and human rights violations currently occurring in land-based operations that collect the minerals needed for modern-day electronics. However, these sweeps may kill undiscovered organisms that possess biologies from which antibiotics could be derived and destabilize deep-sea ecosystems.

The 19th-century whaling industry is similar to the modern venture capital system

Whaling was like VC in that it was highly lucrative but characterized by low-probability payoffs. Both industries rely on extreme returns from a very small subset of investments.

Art theft is the third-largest source of criminal revenues worldwide.

In recent years, orcas have begun sinking boats and other orcas are following in their footsteps

For just over five years, killer whales have been ramming (and occasionally sinking) expensive yachts, sailboats, and fishing boats in waters near European coasts. Scientists believe these incidents are the result of play rather than aggressive attacks.

As of 2025, an estimated $3.2B in annual revenue flows through dark web platforms

The untraceable cryptocurrency Monero is used in about 60% of transactions across more than 37 active marketplaces that sell copyrighted materials, private information, and phishing kits—tools that help bad actors more easily create fake sites to steal users' data—for financial fraud.

Organized crime, including money laundering, drains $1.96T from the global economy annually

Overall, financial crime drains $3T from the global economy, with organized crime making up nearly $2T of that total. Drug trafficking is the second-largest drain on the global economy.

Breaking down the numbers on art theft trends

Cultural property theft has been on the rise in recent years, and the recovery rate of such artifacts is estimated to be below 10%. Explore dozens of other statistics here.

One in five 16th century Spanish ships sank while crossing the Atlantic

Despite the incredibly high rate of catastrophic wrecks, during the Age of Exploration Spanish investors continued to fund voyages. Here, economists break down the incentives that led to increased risk, including short travel seasons and the propensity to overload ships.

Modern payday lending came about in the late 1990s

In the early 1900s, unlicensed "salary lenders" used to give consumers one-week loans at annualized percentage rates of more than 100%. But wage garnishment and financially abusive practices led some states to create special licenses for lenders and implement rate caps to protect consumers. In the 1990s, a series of deregulations in various states opened the door for the modern payday lending industry to take off.

Stolen art is often ransomed rather than resold because it is too risky for collectors to purchase.

Malware has transitioned from notoriety-driven to profit- and data-driven

Many of the first researchers and hobbyists who created viruses and worms showed a natural curiosity in experimenting with and designing such software to make a name for themselves and advance the field of computer science. In the future, AI-augmented malware may adapt in real-time or design enhanced cryptojackers, infostealers, and ransomware for cybercriminals.

From 19th-century whalers to startup accelerators, venture capital has a pretty exciting history

While the aforementioned whaling industry has a lot of similarities to today’s venture fund models, the first modern venture capital firm wasn’t founded until 1946.

Why deep-sea mining companies may begin extraction without global guidelines

International Seabed Authority negotiators have spent over a decade drafting regulations that all countries would have to follow before collecting minerals from the seabed. Because deadlines to finalize these agreements have been missed, some entities have discussed unsanctioned mining, despite about three dozen ISA countries calling for a pause on activity and automakers and tech firms pledging they will not use seabed minerals.

The harsh realities of the Great Pacific Garbage Patch

Misleading images and narratives have caused the public to believe that the Great Pacific Garbage Patch is simply a large clump of floating trash in the ocean. Instead, a more apt description would paint it as a dispersed "soup of microplastics" that severely impacts marine life and the fishing industry. Read for a greater understanding of how the GPGP came to be, and the measures that need to be taken for a cleanup.

How the ocean is the new frontier of innovation

Space has been called the final frontier of innovation and investment for decades. Many innovators say the ocean is the new space, the vast majority of whose hidden depths remain obscure. In this podcast episode, business-minded experts discuss the opportunities founders see in the ocean, including seagrass restoration, underwater cable networks, and more.

At its 1850s peak, the American whaling fleet numbered more than 600 ships, an industry later replaced entirely by petroleum and coal gas.

A pod of orcas takes down a yacht

The pod rammed the boat’s rudder for about 45 minutes. Authorities were able to get crew members to land safely, but their yacht was irreparably damaged. Check out the story and photos here.

Modern fan fiction exists in a legal gray area

Modern copyright law prohibits using someone's intellectual property (like a character) without their permission. By and large, fan fiction is tacitly condoned by copyright holders because it's commonly distributed for free. If anything, the copyright holders often benefit by allowing passionate fan communities to flourish.

How did Polynesian wayfinders navigate the Pacific Ocean?

Ancient Polynesian navigators used the sun, moon, stars, clouds, currents, and more to sail the seas. People of Southeast Asia began their voyages to the region now known as Polynesia in roughly 1500 BCE. They would settle a vast area of 15 million square miles, including hundreds of islands, moving from islands due to overpopulation or war. Such voyages dwindled in 1300 CE as societies became more rooted.

Explore the cost of major viruses and other malware incidents through 2017

The first significant malware was the Morris worm in 1988, which caused an estimated $10,000 to $10M in damage to computers. With $38B in damage caused, Mydoom is the most costly piece of malware in history. Spread via email and, at one point, accounting for about 25% of all messages sent worldwide, the malware infected computers to create a botnet that launched cyberattacks.

The USPS spent $3.97B in 2024, accounting for .058% of the federal budget.

Prison money diaries: the thriving underground economy behind bars

How people in prison earn money, how much they spend, and the lengths to which they go to secure basic needs and comforts.

Today, in the US, people can face years in prison for counterfeiting money

There are both federal and state laws that punish people who use or create counterfeit money. The crime can not only trigger hefty fines, but could also lead to decades behind bars.

The number of annual oil spills has dropped dramatically since the 1970s

Oil spills from oil tankers—which can have a sharp, short-term impact on oil prices—have become increasingly rare over the decades in part because of stricter regulations.

Some robbers have been able to steal works of art with surprising ease

A number of heists have taken place in just a few minutes, relying on a small team and minor weapons. Once pieces are stolen, some are sold as high-quality replicas, leaving art collectors unknowingly holding original masterpieces in their collections.

In 2025, thieves stole roughly $100M of jewels from the Louvre

The robbery of the world's most visited museum took less than ten minutes and resulted in worldwide shock. The thieves used a ladder to break into the building and steal eight pieces of French crown jewels, and then escaped on motorbikes.

Visualizing cyberattacks by country

Cyber crime is expected to cost the global economy trillions per year by 2025. This data illustration showcases the countries with the most severe cyber attacks from 2006-2020.

Roller coasters can cost millions of dollars to make, but they often offer a substantial payoff

Over 6,000 roller coasters are in operation around the world as of 2025, with ongoing demand to build more each year. Despite being costly (some theme parks pay upwards of $50M for these rides), their financiers are able to justify the investment when considering the long-term value of a ride that sticks around for decades with daily streams of visitors.

How a 19th-century aristocrat scammed the rich to buy fake Caribbean land

Nearly 200 years ago, Gregor MacGregor pulled off one of the most brazen real estate scams in history. A disgraced military leader, MacGregor sold plots of land in what is today Honduras, touting the country of Poyais as a new major region in South America. But no building was taking place, and instead of investing the proceeds of bond sales in construction, MacGregor was lining his pockets. Read the unbelievable story of MacGregor's exploits here.

Lack of regulation makes cryptocurrency a hotbed for money laundering.

A brief guide to espionage

Spies have one of the most challenging and dangerous jobs in the world, risking their lives and legacy to extract secrets in the interest of their country. This in-depth explainer breaks down one of the profession's oft-ignored aspects: The...

Founder of The Ocean Cleanup explains the case for cleaning oceans

Removing trash from the oceans not only saves wildlife, it may save human lives, too. The CEO and founder of The Ocean Cleanup explains how existing plastic pollution harms us and get harder to clean up over time.

A company called Bluprynt is combating counterfeit cryptocurrency

While some cryptocurrency advocates might argue that it's more difficult to counterfeit crypto than physical currency, some estimate that fake cryptocurrencies are losing crypto users at least $1.6B each year.

The history of malware includes computer viruses, worms, trojans, and ransomware

Some of the earliest significant pieces of malware—the Creeper worm and the Elk Cloner virus—displayed silly messages to users without causing major harm. As computer science has advanced, malware has become more easily spread, incorporated social engineering to manipulate users, targeted infrastructure systems, and been used by governments for virtual espionage.

The art of 'undiscovering' phantom islands

Centuries of maps include islands and isles that appear to only exist on atlases. This article explores the discovery and "undiscovery" of such landscapes, which still persist despite modern technology. As recently as 2012, Google Maps showed an...

Worldwide cryptocurrency heists tracker

A look at the biggest cryptocurrency heists, be they from an exchange, smart contract, or a business, including amounts, methods, reparations, and consequences.

How organized crime took over post-Soviet Russia

After more than seven decades of Soviet communism, the collapse of the system in the early 1990s opened a path for organized crime to take over the country's newly-privatized industries. As Vladimir Putin centralized power in the subsequent decades, he did not vanquish the mafia, but rather tamed it. This long read explores the subtle, complex ways organized crime flourishes within Putin's state.

Cardboard thieves are making millions

The global market for recycled cardboard is worth billions of dollars—and it's attracting criminals. Specifically, people are making a fortune from taking used cardboard that's been left outside to be recycled, then proceeding to sell it. As a result, legitimate recycling firms and local authorities are missing out on millions. Learn more here.

Listen to a podcast episode about the time a 'Bored Ape' NFT—a valuable, unique digital asset stored on a blockchain—was kidnapped.

An eye-opening interactive journey into the global drug trade

POPPY Interactive reveals how drug money destabilizes entire countries, fuels global conflicts, and allows a worldwide illegal economy to grow. Navigating the site involves diving into three major routes—the Northern Route, the Balkan Route, and...

Drought conditions force fewer ships to sail the Panama Canal daily

In 2023, canal authorities reduced traffic in the canal amid severely dry conditions. These seven infographics from the Woodwell Climate Research Center explain exactly what happened that historically dry October, and how it affected global supply chains.

Opera faces many economic problems today

Opera is a notably expensive art form, and therefore currently struggling to survive economically. Pandemic losses, reduced government funding, and dwindling ticket sales all pose a threat to its continuation. According to a recent survey, about half of the UK wouldn't feel impacted if all opera houses were shut down.

The FBI estimates that $1B is lost to international romance scammers through fake online relationships each year.

Often dubbed the 'king of bank robbers,' George Leonidas Leslie stole an estimated $7M (equivalent to $200M today) and charged other criminals a $20K fee to evaluate their heist plans

Leslie studied architecture and used blueprints of safes and banks to execute meticulously planned bank heists across the Northeast between 1869 and 1878. Although Leslie was an infamous bank robber by night, he posed as a member of high society by day, providing critical intel on the institutions he'd rob and helping conceal his crimes. Months before his largest planned heist, where he planned to turn on his gang, Leslie's body mysteriously washed up along the Hudson River. His killer remains a mystery.