Crypto goes bankless. Silvergate - the beleaguered crypto bank - failed to file its 10K, was just ditched by Coinbase (and friends) for Signature bank, and its stock plunged 50% in the last 24 hours. We explain everything and debate what's next for crypto's off-chain payment rails!
We also explore Noble (the Cosmos USDC issuance chain) ditching ICS, Jumps counter-exploit, Bitcoin's new narrative and why we're bullish Web3 gaming!
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Timestamps:
(00:00) Introduction
(02:11) Silvergate Crashes: We’re Going Bankless
(18:45) Jump Exploits $300M Wormhole Exploiter
(28:26) Noble Ditches ICS & the AppChain Debate
(38:36) Bitcoin’s New Move
(42:53) Unity Embraces Web3 Gaming & Predictions
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Resources:
Jump Executes Counter Exploit Against Wormhole Exploiter
https://www.blockworksresearch.com/research/we-do-a-little-counter-exploit
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Disclaimer: Nothing said on Bell Curve 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. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.