Weekly Roundup 09/30/22 (CFTC comes after Ooki/bZX, the Fed abandons CFTC ambitions, the convenience yield of stables) (EP.355)

Published: Sept. 30, 2022, 10 a.m.

Matt and Nic return for news and deals of the week. In this episode:

  • What caused the Pound Sterling to sell off?
  • Deglobalization picks up
  • Stirrings of a sovereign debt crisis emerge
  • Explaining Deribit\u2019s insider-led down round
  • Can the market recover before Do Kwon, Machinsky, and 3AC are dealt with?
  • Celcius\u2019 Machinsky steps down
  • Brett Harrison leaves FTX US
  • 7 states issue C&Ds against Nexo
  • The CFTC goes after Ooki DAO and DAO members
  • The CFTC serves Ooki through a chatbox and a forum post
  • How voting in a DAO can cause you to incur personal liability
  • Why putting a DAO in a \u2018legal wrapper\u2019 might make sense
  • The Fed will not pursue a digital dollar (for now)
  • The \u2018convenience yield\u2019 of holding a CFTC
  • OTB Bingo
  • Would it be good for Bitcoin to be flippened?

Sponsor notes:

  • Talos\xa0powers institutional access to the entire digital assets ecosystem via a single-point of entry. Connect directly to your preferred prime brokers, lenders, investors, custodians, exchanges, OTC desks and more, or meet them on Talos. Get started at\xa0Talos.com

  • Subscribe to the\xa0Coin Metrics\xa0State of the Network\xa0newsletter\xa0