22 (FTX steps in, 3AC postmortem, fraying DeFi governance) (EP.328)

On The Brink with Castle Island

English - June 24, 2022 10:00 - 52 minutes - 71.9 MB - ★★★★★ - 272 ratings
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Previous Episode: Eli Ben-Sasson and Uri Kolodny (Starkware) on Scalability with STARKs (EP.327)

Next Episode: Zac Prince (BlockFi) on Navigating Through the Storm (EP.329)

Matt and Nic return for a fiery episode of deals and news. In this episode:

Is miner selling backed up by the on-chain data? Is Massachusetts open to pro-crypto legislation? FTX provides credit support to embattled crypto lenders Why private market transactions do not constitute bailouts in the pejorative sense Was 3 Arrows just a case of too much leverage and bad trades, or was it fraud? Does the 3AC situation stray into criminal territory? There were significant harms stemming from the 3AC scheme Kyle's infamous On The Brink appearance and his special request Did GBTC bring down 3AC? Are we entering the PvP era of crypto twitter? The story behind 3AC's yacht Solend requisitions user funds Wartime versus peacetime governance in DeFi South Korea puts a travel ban on Terraform labs employees DYDX is leaving Ethereum and moving to their own chain The relationship between lender balance sheets and GBTC Is there a case to be made for winding down GBTC? How to think about the GBTC trade today How the 3AC GBTC trade is like LTCM How to think about the "macro" Is the 'crypto hedge fund that also does VC' obsolete?

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