The Chopping Block: Was Crypto Just Debanked? - Ep. 468

Published: March 16, 2023, 11 a.m.

b'Welcome to \\u201cThe Chopping Block\\u201d \\u2013 where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week: Silicon Valley Bank went belly up and knocked USDC off its peg with it. For good measure, Signature Bank was taken over by regulators. After a hellish weekend, what did we learn?\\n\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\n\\nShow highlights:\\xa0\\n\\nwhat happened with Silicon Valley Bank\\xa0\\n\\nwhy USDC depegged and reached a low of 88 cents\\n\\nhow Maker responded to the depegging of USDC\\n\\nwhether DeFi responded flawlessly to the chaotic events\\n\\nhow Haseeb\\u2019s VC fund, Dragonfly, was ensnared in SVB\\u2019s collapse\\n\\nwhat Tarun thinks made Elizabeth Warren change her tune on SVB\\n\\nwhether Signature Bank was shut down because of its crypto-related activities\\n\\nwhy bonds are not marked to market by banks\\n\\nwhich company is going to issue the euro-dollar stablecoin\\n\\nhow BTC has been outperforming the NASDAQ since the FTX collapse\\n\\nhow Euler Finance got hacked for almost $200 million\\n\\nwhether flash loans should be banned\\xa0\\n\\nthe rules around crypto and finance in the Middle East\\n\\nwhy DeFi is a fundamental innovation that\\u2019s better than many financial systems across the world\\n\\n\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\n\\nTarun Chitra, managing partner at Robot Ventures\\n\\n\\nRobert Leshner, founder of Compound\\xa0\\n\\n\\nTom Schmidt, general partner at Dragonfly\\xa0\\n\\nDisclosures\\nLinks\\n\\nUnchained:\\n\\nThe Fall of SVB: What Happened and How It Affects Crypto\\n\\nWas Signature Bank Actually Insolvent?\\n\\nEuler Finance Loses $197 Million in Flash Loan Exploit\\n\\nMakerDAO to Reinforce DAI Peg With Parameter Changes\\n\\nCircle to Bring On New Banking Partner for USDC Minting, Redemption\\n\\nCoinbase Says It Holds $240 Million in Cash at Signature Bank\\n\\nRegulators Close Signature Bank Following SVB Collapse\\n\\nSilvergate to Wind Down Operations in \\u2018Voluntary Liquidation\\u2019\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'