Weekly Roundup 05/10/24 (Biden threatens SAB121 veto, Trump embraces crypto, FDIC scandal deepens) (EP.527)

On The Brink with Castle Island

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

• The SAB121 repeal bill passes the House with 21 Democrat votes
• Biden threatens to veto SAB121 repeal
• Trump endorses crypto
• Is Gensler a liability for Biden?
• A scandal deepens at the FDIC
• Senator Warren defends the embattled FDIC chair
• Robinhood gets a Wells Notice from the SEC
• Is FTX really offering over 100% recovery to creditors?
• We review the Ohio State commencement speech
• Greyscale withdraws their Ethereum ETF application

Content mentioned in this episode:

• Nic on Medium, Five Perspectives on Stablecoins
• Wyatt on Medium, Monad & Stablecoins

Sponsor notes:

• The Usage & Evolution of Decentralized Exchanges (DEX’s)
• In Coin Metrics' State of the Network issue 258, we explore activity across Ethereum decentralized exchanges (DEXs)