Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi and Tom Schmidt were joined by Nic Carter, reformed Bitcoin Maxi, and Laura Shin, CEO of the show, to chop it up about Binance’s buyout of FTX.
Show topics:
Haseeb's tl;dr of Binance's possible acquisition of FTX
whether Alameda is the new Three Arrows Capital
the implications of FTX's collapse for regulators and lawmakers
what will happen to all the companies that lent money to Alameda
Sam Bankman-Fried's emergency effort to raise billions of dollars
whether there could be criminal charges against FTX
why FTX was not as profitable as other derivative exchanges
what the probabilities are of Binance actually buying FTX
whether the enterprise value of FTX is negative
Tom's concerns about the concentration in the industry
how FTX's implosion will impact crypto venture capital firms
whether Solana can survive without SBF's support
how the lack of transparency kicked off this situation and how blockchains help solve this issue
Hosts
Haseeb Qureshi, managing partner at Dragonfly Capital
Tom Schmidt, general partner at Dragonfly Capital
Guests
Nic Carter, reformed Bitcoin Maxi
Nic’s proof of reserves
Laura Shin, author, host of Unchained
Episode Links
Previous coverage of Unchained:Sam Bankman-Fried on How to Prevent the Next Terra and 3AC
Acquisition of FTX
CZ’s announcement
SBF’s announcement
Binance’s merkle-tree proof-of-reserves
Unchained coverage:
Binance Set to Buy FTX Amid Liquidity Crisis
SBF’s Net Worth Plummets 94% In One Day: Report
There are Rumors that Alameda Went Down With 3AC in Q2
Alameda Owes More Than $30M in DeFi Debt
Coinbase and Genesis Declare No Exposure to Collapsing FTX
Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days
Binance to Liquidate Millions Worth of its FTX’s Token Holdings
FTX’s Stablecoin Reserves Hit One-Year Low
Alameda’s Balance Sheet Sparks Controversy
Crypto regulation
Industry Leaders Debate How to Regulate DeFi
Bankless debate between SBF and Erik Voorhees
