FTX

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I would look like a couple different exploiters are completely suspect right if you just like think about what happened so FTX and FTX's US sites went down. Somebody would have had to have access to way too many put way too many different portions of the FTX platform for that to not be an insider at the company. I don't understand the motive at all so that's the one thing that makes me think maybe it was an outsider job and someone really just looking to sabotage because everything's on chain everyone can see it. Just issue a formal document explaining exactly what happened and do it as soon as possible, he says.

In this week's episode of 0xResearch, we bring on Westie and Matt Fiebach to discuss FTX's implosion, the impending fallout and how this affects the broader ecosystem. We then debate Cosmos 2.0, dYdX's AppChain thesis and the importance of native USDC on Cosmos. Is Cosmos gmi or is it just a great idea with bad execution? Tune in to find out!

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Timestamps

(00:00) Introduction

(00:55) Hot Seat: NFT PFPs, Custodians & Solana

(12:55) Cool Throne: ETH Stakers, DeFi Perps, Proof-Of-Reserves

(19:28) Flipside Insights

(21:08) FTX Implodes, The Fallout

(24:57) “Chainalysis Ad”

(25:39) FTX Implodes, The Fallout

(43:47) Cosmos 2.0 Update

(57:52) dYdX AppChain Analysis

(59:59) Native Cosmos USDC, Bullish

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Resources

Westie's Twitter thread on FTX's liquidation engine

https://mobile.twitter.com/WestieCapital/status/1591089073468280832

Cosmos Prop 82

https://www.mintscan.io/cosmos/proposals/82

0xngmi (The Llama)

https://twitter.com/0xngmi

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.