Catching the Knife: High Stakes in Crypto Investing

First, we dig into the crypto contagion where FTX CEO Sam Bankman-Fried is stepping in to backstop crypto lenders (2:56). Then, we check in on the billions of dollars sitting in SPACs- remember those (39:27)? We do a quick hit on the venture market drying up in Q2 (54:27) before we get into our We Live in the Future: a mockup of a SkyCruise luxury airliner that uses nuclear power and never lands (1:16:36).

(0:00) Jason and Molly tee up today’s show!
(2:56) FTX CEO Sam Bankman-Fried seems to be acting as the crypto industry's personal backstop right now
(11:25) Embroker - Get an extra 10% off insurance for your business at https://Embroker.com/twist
(12:38) Reaction to SBF crypto bailouts/loans
(17:47) Traders short Tether: According to WSJ, multiple hedge funds have shorted Tether in trades worth hundreds of millions of dollars
(22:24) Lemon.io - Get 15% off your first 4 weeks of developer time at https://Lemon.io/twist
(23:41) Tether’s CTO’s tweet storm
(33:52) Thorne - Personalized, scientific wellness. Go to https://Thorne.com/u/TWIST
(35:08) Gary Gensler clip: “tokens have key assets of securities besides bitcoin”
(39:27) Well over $100B sitting in SPACs looking for companies to invest in
(54:27) VC funding is down to the lowest levels since 2020
(1:16:36) WLITF: SkyCruise, a flying hotel that never lands
(1:23:30) Coming up on This Week in Startups