Videos
Markets
Is the Fud Over? Market Is up Only Despite More 3AC Fud
Ether above $1500, Bitcoin at $23.5k. As temperatures soar across Europe a fire seems to have been ignited under crypto’s bottom prompting belief, relief and a sense that maybe, just maybe, the pain is over. It’s a sea of green out there. But what’s driving it and how is it that even the revelation of…
Markets
Crypto Bounces Back. ETH DGAF. YCC Is the Acronym of the Week
Strange times these. The human brain has an infinite capacity for making the best of a bad situation. COVID hasn’t gone away, it’s still very much with us. But like Dua Lipa peeps be all like IDGAF. Celsius declares bankruptcy. The $CEL token pumps 9%. The Euro finally reclaimed its dollar peg this week before…
People
Was Ryder Ripps threatened by Guy Oseary? Exclusive interview
Two weeks ago we released a film about the suit filed against the artist Ryder Ripps and others by Yuga Labs. The alleged neo-nazi themes underpinning the Bored Ape Yacht Club collection have fired a sub-section of the NFT community to band together in the name of ethics, morality and free speech. All of which…
Markets
The Euro crashes as CPI data casts a shadow
The euro was last worth the same as the dollar in December 2002, shortly after the currency was established. 19 European countries use the Euro and that’s a lot of GDP to make a mess of. And of course we’re looking to the Fed’s interest rate hikes which have made the dollar dollar bill a…
CeFi
3AC Ghosts Everyone, Celsius Fights Back
Kyle Davies and Zhu Su, the founders of 3 Arrows Capital appear to be ghosting the lawyers involved in their liquidation proceedings. According to a Coindesk article court documents filed on friday indicate that the pair had ‘not yet begun to cooperate with the process in any meaningful manner’. They had appeared on a Zoom…
Markets
Crypto Contagion: Mapping the fallout from $LUNA, 3AC, Celsius, Voyager and BlockFi
You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And…
CeFi
Voyager files for bankruptcy but Otherside load test is a smash
A quick bit of news to fire you on your way today. And it’s a tale of two bear markets. On the one hand we have Voyager Digital who have just filed for Chapter 11 bankruptcy, just the latest sorry chapter in this deeply sorry saga. As we reported on Monday, in their July 1st…
NFTs & Web3
META ditches Novi – is the Web 3 dream over?
FACEBOOK FOUNDER MARK ZUCKERBERG DUMPS CRYPTO screeches the headline from the Mail Online. META IS PULLING THE PLUG ON ITS CRYPTO PAYMENTS WALLET burps Tech Crunch. Yes, Novi, Meta’s crypto wallet is now No pulse, dead, kaput, finito. Yet more evidence of the artist formerly known as Facebook’s ham-fisted attempts to co-opt the values of…
