Weekend Roundup May 31 - June 6

Weekend Roundup May 31 - June 6

It’s our weekly roundup. Let’s dive into what caught our attention over the past week.


First up, let's talk about Sarah's new nails – a rainbow of colors. She’s got her own unique style going, and it’s honestly the simplest nails she's ever done. When I asked if she did them herself or went to a Korean salon, she surprised me by saying she goes to a Russian one. Always full of surprises, Sarah.


Anyway, let’s get into the news. On Friday, Sarah highlighted PayPal’s stablecoin, PYUSD, launching on Solana. Previously limited to Ethereum, this move could boost their market dominance despite their current low market share. Sarah’s skepticism about the need for another stablecoin, given the dominance of USDT, USDC, and DAI, made for a great discussion. With Tether reporting a $6.2 billion profit in 2023, it’s clear there’s big money in stablecoins.


On Monday, Sarah passed the mic to me to cover Biden’s veto of the SEC’s Staff Accounting Bulletin 121, which was a guidance on crypto custody by companies. Congress felt the SEC overstepped, but Biden backed the SEC, signaling potential anti-crypto sentiments. This move seemed more about supporting his appointed SEC chair rather than a direct stance against crypto. It’s a classic case of office politics in action.


Tuesday was all about Roaring Kitty, the man behind the GameStop frenzy. He revealed he holds over $200 million in GameStop shares, causing the stock to surge 48%. This raised questions about market manipulation, but as Sarah and I discussed, it’s more about his influence and less about any foul play.


By Wednesday, Bitcoin was back in the spotlight, crossing $71,000 with $880 million in ETF inflows. Fidelity, BlackRock, and ARK were major players, while Grayscale saw outflows. We debated the potential for Bitcoin’s value, with predictions ranging from conservative to wildly optimistic. The real question is, can the market sustain these high valuations?


Finally, on Thursday, we discussed the innovative vision of Carl Pei and the Nothing Phone. Pei’s idea of integrating AI deeply into our phone usage could revolutionize how we interact with technology. The challenge will be balancing convenience with privacy concerns, as AI would need significant access to personal data to function effectively.


That’s a wrap for this week’s review. Thanks for tuning in, and we’ll see you next time. Happy HODLing!

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Avsnitt(686)

Mar 29: SBF 25 Years & WIF FOMO

Mar 29: SBF 25 Years & WIF FOMO

In this week's episode, we delve into a spectrum of cryptocurrency news and developments, ranging from a $4.1 million scam involving a duo in South Korea to innovative collaborations and regulatory challenges across the globe. We explore a scam where fraudsters promised 70% returns on investments, leading to the arrest of the perpetrators by South Korean police. The episode also touches on Hong Kong officials' warnings about increasingly sophisticated crypto scams, Crossmint and Astar's initiatives to drive Web3 adoption in Japan, challenges faced by Binance in the Philippines and Nigeria, and the quirky world of meme coins reaching new heights. Additionally, we discuss Bitwise's foray into the race for an Ethereum spot ETF, signaling a growing interest in crypto integration into traditional financial systems.________https://substack.com/@dcndailycryptonewsNews Links 👇https://blockchainmagazine.net/duo-involved-in-4-1m-crypto-scam/https://www.dlnews.com/articles/regulation/crypto-scammers-going-sci-fi-warns-hong-kong-official/https://cryptobriefing.com/crossmint-astar-hakuhodo-drive-web3-japan/https://www.dlnews.com/articles/regulation/binance-investors-in-philippines-are-dumping-usdt-after-ban/https://decrypt.co/224031/detained-binance-exec-sues-nigerian-govermenthttps://decrypt.co/223991/dogwifhat-wif-flips-pepe-all-time-highhttps://decrypt.co/223972/bitwise-enters-race-for-ethereum-spot-etf——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

29 Mars 202416min

Mar 28: SBF Sentencing… 50+ Years?

Mar 28: SBF Sentencing… 50+ Years?

Sam Bankman-Fried, the co-founder of FTX, who faces the possibility of a life-altering sentence after being found guilty of multiple fraud and conspiracy charges. As the crypto community watches closely, the case highlights the broader regulatory scrutiny facing the industry. In another significant development, a federal judge has allowed the SEC's lawsuit against Coinbase to proceed, emphasizing that many tokenized assets could indeed be classified as securities. This ruling could set a precedent affecting the availability of alt-coins in the U.S. and the legal framework surrounding crypto exchanges. Meanwhile, BlackRock's Ethereum-based BUIDL fund showcases the growing interest in blockchain technology from traditional finance, as it raises a staggering $245 million in Ethereum tokens, reflecting a wider trend of tokenized Treasury notes gaining traction in the market. Join us as we analyze these pivotal events and their potential impact on the future of cryptocurrency.________https://substack.com/@dcndailycryptonewsNews Links 👇https://www.coindesk.com/policy/2024/03/28/recapping-ftx-founder-sam-bankman-frieds-trial/?_gl=1*1c1ws3o*_up*MQ..*_ga*MTA3Njc1Nzc1Ni4xNzExNjI2Nzk5*_ga_VM3STRYVN8*MTcxMTYyNjc5OS4xLjAuMTcxMTYyNjc5OS4wLjAuMA..https://decrypt.co/223731/judge-sec-coinbase-lawsuit-can-proceedhttps://decrypt.co/223802/blackrock-buidl-ethereum-tokenized-fund-245-millionhttps://www.coindesk.com/markets/2024/03/28/over-1b-in-us-treasury-notes-has-been-tokenized-on-public-blockchains/?_gl=1*1c1ws3o*_up*MQ..*_ga*MTA3Njc1Nzc1Ni4xNzExNjI2Nzk5*_ga_VM3STRYVN8*MTcxMTYyNjc5OS4xLjAuMTcxMTYyNjc5OS4wLjAuMA..https://decrypt.co/223829/dogecoin-20-cents-first-time-since-2021https://www.coindesk.com/markets/2024/03/28/bitcoin-ether-could-witness-upside-volatility-as-15b-options-expiry-looms/?_gl=1*1c1ws3o*_up*MQ..*_ga*MTA3Njc1Nzc1Ni4xNzExNjI2Nzk5*_ga_VM3STRYVN8*MTcxMTYyNjc5OS4xLjAuMTcxMTYyNjc5OS4wLjAuMA..https://www.theblock.co/data/crypto-markets/bitcoin-etf——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

28 Mars 202412min

Mar 27: URGENT: Decrypt Newsletter Service Hacked

Mar 27: URGENT: Decrypt Newsletter Service Hacked

The Decrypt newsletter service faced a phishing scam due to a hack, urging users to ignore deceptive links. An Apple chip exploit raised alarms for crypto holders, emphasizing the need for vigilance. Alexey Pertsev, involved in the Tornado Cash case, faced scrutiny over his reaction to the Ronin hack, highlighting the complex interplay of technology and law in crypto's decentralized nature. These incidents reflect the ongoing challenges in securing digital assets and navigating the legal landscape in the rapidly evolving crypto world.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/223623/decrypt-newsletter-service-hack-phishing-scam-decrypt-airdrophttps://decrypt.co/223582/apple-chip-exploit-steals-crypto-what-you-need-knowhttps://www.dlnews.com/articles/people-culture/pertsev-joke-on-ronin-hack-questioned-in-tornado-cash-case/——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

27 Mars 202415min

Mar 26: SEC sues XRP for $2 Billion

Mar 26: SEC sues XRP for $2 Billion

This episode covers the SEC's $2 billion claim against Ripple Labs, FTX's $884 million share sale in AI developer Anthropic, and Vitalik Buterin's Twitter departure prompted by Elon Musk. Binance faces a block in the Philippines amid regulatory issues, while criticism arises against Web3 gaming. Bitcoin ETFs rebound from a $1 billion loss, showcasing the volatile yet resilient nature of crypto investments.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/223295/sec-to-seek-2-billion-from-ripple-labs-says-chief-legal-officerhttps://decrypt.co/223288/ftx-to-sell-shares-in-claude-ai-developer-anthropic-for-884-millionhttps://decrypt.co/223265/elon-musk-asks-why-vitalik-buterin-left-twitterhttps://www.coindesk.com/policy/2024/03/25/binance-blocked-by-philippines-securities-watchdog/https://decrypt.co/223327/web3-gaming-sucks-says-avalanche-daring-gamers-lookhttps://decrypt.co/223398/bitcoin-etfs-inflows-btc——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

26 Mars 202411min

Mar 25: Apple M1, M2, & M3 Vulnerability

Mar 25: Apple M1, M2, & M3 Vulnerability

This week’s crypto and tech sphere highlights Apple's crypto-threatening chip flaw, a Binance executive's dramatic escape in Nigeria amidst tax evasion charges against the company, and Nigeria's legal actions. A significant NFT sale sees a loss for Kevin Hart's Bored Ape, and Binance discontinues USDC on Tron. GBTC faces a Bitcoin shortage threat, while Polygon’s zkEVM chain encounters a 10-hour downtime, underscoring vulnerabilities in tech and shifts in the crypto landscape.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/223062/apple-chip-flaw-hackers-steal-crypto-go-fetchhttps://decrypt.co/223215/detained-binance-executive-escapes-custody-in-nigeria-reporthttps://www.coindesk.com/policy/2024/03/25/nigeria-charges-binance-with-tax-evasion-reports/?_gl=1*1czx90p*_up*MQ..*_ga*MTkzODU4MDkzOS4xNzExMzcwNDYz*_ga_VM3STRYVN8*MTcxMTM3MDQ2My4xLjAuMTcxMTM3MDQ2My4wLjAuMA..https://www.theblock.co/post/284354/bored-ape-kevin-harthttps://www.theblock.co/post/284352/binance-usdc-tron-discontinuehttps://unchainedcrypto.com/gbtc-could-run-out-of-bitcoin-in-14-weeks-arkham/https://unchainedcrypto.com/polygon-zkevm-chain-goes-down-for-10-hours/——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

25 Mars 202412min

Mar 22: $57M Gone! Texas Unhappy with BTC Miners

Mar 22: $57M Gone! Texas Unhappy with BTC Miners

This week's spotlight on the crypto world unveils a series of dramatic developments. Hong Kong police investigate a crypto exchange that vanished with $57 million. Singapore's super app Grab integrates crypto payments, signaling mainstream adoption. Meanwhile, Uzbekistan hikes fees for crypto operations, and a major exploit sees over $145 million laundered through Tornado Cash. In the realm of crypto personalities, 3AC’s Kyle Davies remains a controversial figure. Amidst the chaos, a CryptoPunks NFT fetches a staggering $16 million, highlighting the unyielding excitement around digital collectibles.________https://substack.com/@dcndailycryptonewsNews Links 👇https://www.dlnews.com/articles/regulation/hong-kong-police-probe-crypto-exchange-that-shut-with-57m/https://www.coindesk.com/policy/2024/03/19/grabs-singapore-users-can-now-use-crypto-to-make-payments/ https://www.nytimes.com/2024/03/18/technology/crypto-video-games-philippines.html https://cointelegraph.com/news/uzbekistan-increases-fees-crypto-operationshttps://www.theblock.co/post/284107/heco-bridge-exploiters-launder-145-million-usd-eth-tornado-cashhttps://www.dlnews.com/articles/people-culture/bitcoin-miners-megadeal-stumbles-as-texans-sour-on-industry/https://www.theblock.co/post/284076/kyle-davies-lured-layerzero——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

22 Mars 202422min

Mar 21: Ethereum Fund, FTX Missing Bitcoin

Mar 21: Ethereum Fund, FTX Missing Bitcoin

This week's crypto landscape is marked by BlackRock's foray into Ethereum with a $5 million 'BUIDL' tokenized asset fund, alongside their tokenized asset fund aiming for institutional liquidity. Bitcoin displayed resilience, surging back to $67K, despite battling to maintain its value in the face of the Federal Reserve's latest interest rate decision. The NFT realm saw staggering sales, with a CryptoPunks NFT fetching $16 million. Meanwhile, Coinbase faced transaction failures due to congestion on the Ethereum scaler Base, and significant figures like Do Kwon faced extradition, highlighting the ongoing drama and dynamism within the crypto and blockchain sectors.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/222694/blackrock-ethereum-fund-buidlhttps://decrypt.co/222686/why-bitcoins-missing-delusional-ftx-sam-bankman-fried-victim-statementhttps://decrypt.co/222620/do-kwon-to-be-extradited-to-south-korea-this-time-for-realhttps://decrypt.co/222614/coinbase-transactions-are-failing-due-to-congestion-on-ethereum-scaler-basehttps://decrypt.co/222714/bitcoin-surges-back-as-btc-reclaims-67khttps://decrypt.co/222663/cruptopunk-alien-punks-ethereum-nft-sold-16-millionhttps://decrypt.co/222627/bitcoin-price-barely-budges-federal-reserve-interest-rates——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

21 Mars 202411min

Mar 20: Crypto's Volatile Week and NFT Record Breaker

Mar 20: Crypto's Volatile Week and NFT Record Breaker

The crypto world faced a turbulent week, highlighted by Bitcoin ETFs experiencing their first negative flows in weeks, largely attributed to concerns around Grayscale. Bitcoin itself struggled to maintain its value ahead of a crucial Federal Reserve meeting. Meanwhile, 3AC co-founder Kyle Davies refused to apologize for his crypto hedge fund's bankruptcy. BlackRock announced a tokenized asset fund aiming to boost institutional liquidity. Topping off the week, a Dogwifhat Ethereum NFT sold for a record-breaking $4.3 million, showcasing the continued frenzy around digital collectibles.________https://substack.com/@dcndailycryptonewsNews Links 👇https://decrypt.co/222470/bitcoin-etf-negative-flow-grayscale-trusthttps://decrypt.co/222496/bitcoin-struggles-at-63k-ahead-of-fed-meetinghttps://www.coindesk.com/policy/2024/03/20/3ac-co-founder-kyle-davies-says-he-wont-apologize-for-crypto-hedge-fund-going-bankrupt/https://decrypt.co/222453/blackrock-tokenized-asset-fund-institutional-liquidityhttps://decrypt.co/222198/dogwifhat-ethereum-nft-sells-4-3-million——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

20 Mars 202413min

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