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The Chopping Block: OM’s Collapse, Vitalik’s Morality Test, & Tariff Chaos - Ep. 819

Unchained

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The Complexities of Crypto Valuation and Market Transparency

This chapter explores cryptocurrency valuation with a particular focus on ghost chains and the strategy of acquiring defunct chains for their exchange listings. It emphasizes the need for transparency in market-making agreements and critiques the reliability of total value locked (TVL) as a metric, all while analyzing unusual trading behaviors leading to market crashes. Additionally, the discussion addresses the competition among exchanges and the potential role of regulatory frameworks in promoting fair practices within the cryptocurrency ecosystem.

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