ROLLUP: FTX Contagion | SBF Tweet Thread | Genesis Trading | Gemini Earn | StarkNet Token | Cosmos ATOM 2.0
Bankless
The Fall of Genesis and FTX Fallout
This chapter explores the turmoil surrounding Genesis, a leading crypto lending desk, which halted withdrawals amid significant losses linked to FTX. It discusses the potential liquidity crisis and the ripple effects on firms like Gemini and BlockFi, along with the systemic challenges faced by the crypto market. Legal implications, including ongoing investigations and lawsuits related to FTX's collapse, are also examined, drawing parallels to past scandals.
3rd Week of November, 2022
------ đŁ Infura | Join the New Decentralized Infrastructure Network Early Access Program www.bankless.cc/infura
------ đ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt
------ Bankless Sponsor Tools:
âď¸ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum
đŻ DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso
đŚ BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave
đĄ TRUEFI | CRYPTO FINANCIAL HUB https://bankless.cc/TrueFi
đž SEQUENCE | ALL-IN-ONE PLATFORM https://bankless.cc/Sequence
âĄď¸FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/fuel
----- Topics Covered
0:00 Intro
3:30 MARKETS 5:30 Bitcoin Miners https://twitter.com/caprioleio/status/1591024605640019968 7:30 Burniske Calls Bottom https://newsletter.banklesshq.com/p/5-reasons-this-could-be-the-crypto 13:30 CeFi Ded https://twitter.com/haydenzadams/status/1592188164218707969
16:00 SBF https://twitter.com/SBF_FTX/status/1593014949487730688 23:20 Vox Interview https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy 27:45 Summary Thread https://twitter.com/GRDecter/status/1593272102047580161 31:05 Alameda Mentality https://twitter.com/PetrifyTCG/status/1591802968940199936 32:40 Company Slack https://twitter.com/AutismCapital/status/1592563378408796165
34:40 New FTX CEO https://twitter.com/kadhim/status/1593222595390107649 36:30 Itâs Bad https://twitter.com/Dogetoshi/status/1593233836867194880
CONTAGION 38:20 Genesis https://twitter.com/genesistrading/status/1590836594382032896 39:00 Fallout https://twitter.com/DylanLeClair_/status/1592960066293927937 42:20 BlockFi https://twitter.com/BlockFi/status/1590875997351866368 43:30 FTX Bailout https://twitter.com/autismcapital/status/1591569275642589184 44:20 Other Fallout Galois - https://twitter.com/autismcapital/status/1591302842639593473 Multicoin - https://twitter.com/TheBlock__/status/1592169646568144897 Circle Yield - https://blockworks.co/news/gemini-circle-genesis-exposure/ 45:45 Lazy DD https://twitter.com/fintechfrank/status/1591656860276457472
LEGAL 47:10 Committee Hearing https://twitter.com/WatcherGuru/status/1592901815481249792 47:50 Lawsuit https://www.reuters.com/legal/ftx-founder-bankman-fried-sued-us-court-over-yield-bearing-crypto-accounts-2022-11-16/
REACTIONS 48:44 Proof of Reserves https://decrypt.co/114482/binance-be-guinea-pig-vitalik-buterins-proof-reserves-protocol-cz
50:30 Mainstream Reporting SBF Donator - https://twitter.com/ryaneshea/status/1592403915718656000 Blaming CZ - https://twitter.com/ColdBloodShill/status/1591850165446791168 COVID - https://twitter.com/Crypto_McKenna/status/1593190965917126657
55:30 Twitter Coverage https://twitter.com/brian_armstrong/status/1592689928038912000 Hsaka - https://twitter.com/HsakaTrades/status/1592947452478656512
57:50 3AC Redemption Arc Kyle - https://twitter.com/KyleLDavies/status/1591704172600397824 Su - https://twitter.com/zhusu/status/1590189369834758144 Bali - https://twitter.com/SquawkCNBC/status/1592880370344919042
1:02:00 StarkNet Token https://medium.com/starkware/starknet-token-is-deployed-on-ethereum-f27f0000b00c 1:03:15 USDC Apple Pay https://thedefiant.io/usdc-apple-pay 1:03:38 Solana Deprioritized https://www.theblock.co/post/187970/binance-halts-solana-usdc-usdt-deposits
1:04:25 NFTs Yuga Beeple - https://www.theblock.co/post/187970/binance-halts-solana-usdc-usdt-deposits Nike - https://www.coindesk.com/web3/2022/11/14/nike-sprints-into-web3-with-new-swoosh-platform/ Sony - https://www.ign.com/articles/sony-patent-for-nft-and-blockchain-technology-uncovered 1:05:55 Bankless Podcast Collectibles https://collectibles.bankless.com/
1:09:30 Cosmos ATOM 2.0 https://blockworks.co/news/no-with-veto-cosmos-community-rejects-atom-2-0-white-paper 1:10:06 CBDC Trial https://thedefiant.io/as-skeptics-dance-on-cryptos-grave-the-fed-and-big-banks-launch-digital-ledger-project
1:10:30 Releases DeFiLlama - https://defillama.com/aggregator
Permissionless - https://newsletter.banklesshq.com/p/discount-to-permissionless-2022
1:13:00 Matter Labs https://thedefiant.io/layer-2s-defy-market-angst-as-matter-labs-raises-200m 1:13:37 CZ Investing https://twitter.com/cz_binance/status/1592894516457279488
1:14:00 Jobs https://pallet.xyz/list/bankless/jobs
TAKES 1:16:00 The Only Path https://twitter.com/jchervinsky/status/1591236973347627010 1:17:30 Stay Vigilant https://twitter.com/ErikVoorhees/status/1591151576680652800 1:18:50 Free Wizards https://twitter.com/cburniske/status/1591183041837559808
1:20:05 What Davidâs Bullish On https://imgur.com/v8C9UnF 1:25:00 What Ryanâs Bullish On
1:26:50 MEME of the Week https://twitter.com/sassal0x/status/1590865451420389376
Moment of Zen https://twitter.com/songadaymann/status/1592963492713492481
âââ Not financial advice. Do your own research. https://www.bankless.com/disclosures
The AI-powered Podcast Player
