Weekly Roundup 07/15/22 (Celsius files Chapter 11, 3AC not cooperating, Circle clarifies USDC reserves) (EP.334)
On The Brink with Castle Island - En podcast af Castle Island Ventures
Matt and Nic return for another week of news and deals. In this episode: Stablecoin actives outpace blue chip crypto Why is Tether on Tron so popular? Is H E Justin Sun willing to deploy $5b in acquisitions Celsius files for Chapter 11 bankruptcy protection KeyFi is suing Celsius Are DeFi business models going to have to change? Where do tokenholders fall in the capital stack? Three Arrows are not cooperating with liquidation 3AC liquidators reportedly fail to exercise the Starkware token warrant Blockchain.com report a loss from 3AC New lenders admit losses from 3AC Circle further clarifies their reserve assets Was Taibbi’s USDC FUD legit? Sponsor notes: Subscribe to the Coin Metrics State of the Network newsletter