Investing in Cryptocurrencies: Circle Yield

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

• Circle launches an early stage venture fund
• SEC targets American CryptoFed DAO LLC
• The SEC references Nic's paper on DeFi risks
• Should DeFi teams be more aggressive in disclosing admin key risks?
• What would a DeFi disclosure regime look like?
• BlockFi files for a spot Bitcoin ETF
• Bitwise withdraws its futures-based ETF
• NYC mayor Eric Adams says NYC schools should teach about cryptocurrency
• Miami will airdrop BTC to residents
• Inflation prints at 6.2% annualized
• Why the 'supply chain' explanation for inflation obscures the underlying dynamics
• Is inflation really a supply chain issue?
• Real interest rates are as low as they were in the 1970s
• Why we have entered monetary repression
• Discord dithers on Web3
• BrinkDAO
• Could tungsten rods in space improve on nuclear weapons?

Content mentioned in this episode:

• SEC, Statement on DeFi Risks, Regulations, and Opportunities
• Michael Greenwald, The Digital Asset Olympics
• 21Shares, Q3 Report
• Nic Carter and Linda Jeng, DeFi Protocol Risks

Sponsor notes:

• This show supported by Coinbase Prime, an integrated solution that provides advanced multi-venue trading, custody, and prime services for institutions. For more information see coinbase.com/prime

• Corporations and institutions can allocate cash into Circle Yield to gain crypto lending exposure and earn superior returns compared to traditional markets. It's secured, overcollateralized and built on the leading dollar digital currency. Visit circle.com/yield to book a meeting