Bankless

ROLLUP: WSJ Lies About Crypto | SBF Testifies | Markets Pumping

Oct 27, 2023

01:31:46

Snipd AI

The podcast discusses topics such as upcoming testimony, Bitcoin price increase, misinformation spread, charges against Gemini and DCG, the launch of the Uniswap app chain, the potential influence of global instability on cryptocurrency markets, the Bitcoin ETF, misinformation on crypto financing terrorism, the reputation of the crypto industry, the announcement of the Uniswap V4 Sandbox, investing in Ether, privacy and auditability in DeFi and crypto, and casual banter about time perception and Web3 optimism.

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Quick takeaways

The Wall Street Journal published false claims about Hamas raising crypto, leading to calls for stricter regulations on crypto.

Sam Bankman-Fried, facing charges, plans to testify as someone caught up in the complexities of crypto and financial markets.

The New York Attorney General has filed a lawsuit against Digital Currency Group for defrauding investors of over $1 billion.

The launch of the Uni chain on the Ethereum blockchain is significant to the crypto community.

Deep dives

Wall Street Journal Accused of Spreading Misinformation about Crypto and Terrorism

The Wall Street Journal published an article alleging that Hamas militants raised millions in crypto, but the claims were proven to be false by Chainalysis. Despite this, the article was cited by Elizabeth Warren in a letter to the White House, and over 100 members of Congress signed the letter calling for stricter regulations on crypto. Nick Carter and other experts have called for a retraction from the Wall Street Journal and for the signatories of the letter to correct the record.

Introduction

2min

Upcoming testimony, one year since FTX fall, Bitcoin price increase, and misinformation spread

2min

Gemini and DCG charges, SBF testimony, Uni chain launch, and Dopple sponsor

2min

War, Bitcoin, and Global Instability

14min

Discussion on the Bitcoin ETF and Recent Developments

4min

The Potential for a Bitcoin Spot ETF

10min

Misinformation on Crypto Financing Terrorism

13min

DCG Fiasco, New York Attorney General, Speaker of the House, and MetaMask Portfolio

2min

Lawsuit, Genesis Loans, and Reputation of Crypto Industry

7min

10.

Uniswap V4 Sandbox Announcement and Conduit's Role

16min

11.

Investing in Ether and the Possibility of Government Ban on Bitcoin

2min

12.

Privacy and Auditability in DeFi and Crypto

13min

13.

Casual Banter, Disclosure, and Criticism of Regulators

5min

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------ Timestamps & Resources 0:00 Intro

7:01 MARKETS https://pro.kraken.com/app/trade/btc-usd https://pro.kraken.com/app/trade/eth-usd

11:20 Market Advice https://x.com/RyanSAdams/status/1717212229395784125?s=20

13:22 Arthur Hayes Take https://cryptohayes.substack.com/p/the-periphery

17:04 BTC Halving Countdown https://www.nicehash.com/countdown/btc-halving-2024-05-10-12-00

22:33 Bitcoin Spot ETF https://twitter.com/EricBalchunas/status/1716487573588070728