Aug 25, 2023
Matt and Nic are back for more news and deals. In this episode:
- The Bitcoin halving is coming up
- We review the Republican Presidential debate
- We review the state of New Jersey
- Coinbase takes a stake in Circle
- Hidden tensions between Coinbase and Circle
- BH Digital releases a stablecoin report
- USDC is challenged due to their inability to pay interest
- The DoJ charges the founders of Tornado Cash with AML and sanctions violations
- Did the Tornado Cash token hurt the founders’ case?
- The problem with chat apps creating their own tokens
- FTX is working with Galaxy to liquidate some crypto
- SBF isn’t happy with his prison meals
- Prime Trust was up to some shenanigans
Content mentioned:
- BH Digital, The Relentless Rise of Stablecoins
Sponsor notes:
- Coin Metrics STATE OF THE NETWORK — From East to West: the Global Pulse of Stablecoin Transactions
- In Coin Metrics State of the Network Issue 221, we provide a data-driven overview of halvings and their implications in anticipation for Bitcoin’s upcoming 4th halving