Weekly Roundup 07/15/22 (Celsius files Chapter 11, 3AC not cooperating, Circle clarifies USDC reserves) (EP.334)

Matt and Nic return for another week of news and deals. In this episode:

  • Stablecoin actives outpace blue chip crypto
  • Why is Tether on Tron so popular?
  • Is H E Justin Sun willing to deploy $5b in acquisitions
  • Celsius files for Chapter 11 bankruptcy protection
  • KeyFi is suing Celsius
  • Are DeFi business models going to have to change?
  • Where do tokenholders fall in the capital stack?
  • Three Arrows are not cooperating with liquidation
  • 3AC liquidators reportedly fail to exercise the Starkware token warrant
  • Blockchain.com report a loss from 3AC
  • New lenders admit losses from 3AC
  • Circle further clarifies their reserve assets
  • Was Taibbi’s USDC FUD legit?

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