Tom Letts

Good Monday, and if you’re dreading the working week ahead, you can at least take comfort in the fact you’re not UK’s Kwasi Kwarteng, whose latest raft of proposed tax cuts, specifically benefitting the nations highest earners, appear to have triggered the sharpest sell-off in the Pound in almost 40 years.

We sat down with two crypto experts to discuss the US Treasury’s crackdown against Tornado Cash. In a fiery debate, both guests present their very different opinions on the ethical, legal and practical implications of the unprecedented measures being taken against the protocol and its users.

Yes, another day, another DeFi drama, and another de-pegging event. Was it a hack? Or was it a glitch? Either way, aUSD, aka Acala USD, the overcollateralized stablecoin native to the Polkadot ecosystem… got absolutely Shkrelli’d.

It’s been a typically dicey week in DeFi and particularly traumatic for anyone suffering from gephyrophobia – the pathological fear of bridges. I am of course referring to the Nomad hack that saw around 180 million bucks worth of ERC20s filched in a just few hours by a frenzied mob of REKT crypto investors.