BlockFI Bailed out for $250M, Customers Saved? | EP 522

2 years ago
19

► BlockFI Bailed out for $250M, Customers Saved? Oh the tangled web that is woven. We dive into some articles and comments given by Zac prince regarding the newly minted deal to save blockfi and its investors.

► Fail: Does Gary Vee understand NFT’s or QR codes? Another weekend has come and gone and so has a little more of solana’s ability to keep pretending it's anything other than a shitcoin. Crema finance is hacked and liquidity is frozen. We are all surprised.

✔ BTC Stats:
https://twitter.com/ronpaul/status/126473315572400128?lang=en

✔ Daily Fail:
https://twitter.com/Twentynothing00/status/1543557140190822401?s=20&t=nN0atw4HM4HnAZQNrkh2lg
https://twitter.com/vicariousdrama/status/1542920191369166848?s=28&t=9m8naMABWeJ-i__oa2TWtQ
https://twitter.com/potus/status/1543263229006254080?s=28&t=9m8naMABWeJ-i__oa2TWtQ
https://cointelegraph.com/news/crema-finance-shuts-liquidity-protocol-on-solana-amid-hack-investigation

✔ Epic Memes:
https://twitter.com/Asher68W/status/1543072706924449792?s=20&t=wPeB7bV4hFBFGsCJqWdjgQ
https://twitter.com/giacomozucco/status/1543508271004352514?s=28&t=k3giesIigjdem38UYDgchA
https://twitter.com/baguettehodl/status/1543331934763450374?s=28&t=9m8naMABWeJ-i__oa2TWtQ
https://twitter.com/dwhitmanbtc/status/1543359409178427398?s=28&t=Ct8PxWiGM3QOYYj7UrubCg
https://twitter.com/dangerblue/status/1543245807243116544?s=28&t=FYVKbiu5iGKnHvtOdVmV3g
https://twitter.com/dangerblue/status/1543242469432627200?s=28&t=FYVKbiu5iGKnHvtOdVmV3g

✔ BTC News:
https://finbold.com/imf-says-cryptocurrencies-cbdcs-can-be-more-efficient-payment-options-than-current-ones/
https://www.reuters.com/world/americas/argentina-economy-minister-guzman-resigns-crises-build-2022-07-02/?taid=62c1226d6dc5730001a531f4
https://www.theblock.co/post/155516/blockfi-strikes-680-million-credit-deal-with-ftx-us-outlines-acquisition-path
https://www.investopedia.com/terms/f/fractionalreservebanking.asp
https://www.coindesk.com/policy/2022/03/18/argentine-congress-approves-imf-debt-deal-that-would-discourage-crypto-usage/

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DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.

Timecodes:
0:00 - Intro
0:18 - BTC Stats
12:20 - BTC News
27:22 - Daily Fail
38:58 - Meme Review
57:27 - Software Release

#Bitcoin #BitcoinDailyNews #BitcoinDailyRecap

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