How FASB Ruling Paves The Way for Bitcoin Corporate Treasuries | Roundup

Dec 15, 2023

The podcast covers topics such as the FASB fair value ruling for Bitcoin, the Ledger exploit, and the controversy surrounding Rainbow's new points system. They discuss the impact of Bitcoin on corporate balance sheets, lessons in security measures from recent exploits, and the upcoming Block Works conference. They also explore distributed systems, privacy-focused L2 technology, and yield capture protocols. The speakers have a casual conversation and mention a digital asset summit in London.

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Introduction

00:00 • 3min

Discussion on Flying Distances, Ledger, FASB, Solana, NFTs, and Ethereum Community

03:19 • 2min

The Impact of Bitcoin on Corporate Balance Sheets

05:23 • 8min

Exploit and Patch: Lessons in Security Measures

13:26 • 18min

Block Works Conference and Rainbow Points

31:05 • 14min

Exploring Distributed Systems, Layer Zero Reports, and Predictions for the Future

45:35 • 2min

Exploring Privacy-Focused Layer Two Technology and Yield Capture Protocols

47:56 • 16min

Casual Conversation, Shaving Beards, and a Digital Asset Summit

01:04:09 • 2min

In today's episode of Empire Jason and Santi dive into the latest crypto news, including the FASB fair value ruling for Bitcoin, the Ledger exploit, and the controversy around Rainbow's new points system. They debate the pros and cons of new yield generating protocols like Manta and BLAST, make 2024 predictions about the proliferation of L2 platforms with native yield, and discuss whether investing in early DeFi protocols still makes sense. Tune in for all this and much more!

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Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks.

Use the link below to learn more, and use EMPIRE20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there!

Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home

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Timestamps

(00:02) Introduction

(06:26) FASB Confirms 'Fair Value' Approach

(14:37) Ledger Connect Kit Exploit

(31:27) Point System Hate

(41:38) Layer0 Launch Video

(45:26) 2024 Predictions

(55:06) Are OG DeFi Protocols Investments?

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Resources

Layer0 Research Report & Video

https://app.blockworksresearch.com/research/layer-zero-v2-the-decoupling-of-security-and-execution

https://x.com/LayerZero_Labs/status/1735317463032893946

Ledger Exploit

https://blockworks.co/news/ledger-statement-on-phishing-hack

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Disclaimer: Nothing said on Empire 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. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.