News Recap Synopsis and additional links found on the unchainedpodcast.com website:
How GameStop Is Like Crypto
+ Michael Saylor on Unchained
Aside from the news that Coinbase will go public via a direct listing, it was a somewhat quiet news week in crypto. However, Crypto Twitter was following every twist and turn of the GameStop epic. On Unconfirmed, Sam Bankman-Fried of FTX and I discuss the GameStop saga — how it was similar to the way crypto markets function, whether blockchain technology could prevent these types of situations in the future, and how FTX was able to create tokenized version of Wall Street Bets stocks.
On Unchained, Michael Saylor talks about his upcoming Bitcoin for Corporations events, how many queries he’s been receiving from corporations interested in adding bitcoin to their balance sheets, as well as whether or not Microstrategy would ever “take some off the table” if Bitcoin were to enter a bubble.
This week’s top stories:
Coinbase Announces Plans to Go Public via a Direct Listing
More Institutional Investors Pile Into Bitcoin
Ethereum 2020 Year in Review: Transferring More Value Than Bitcoin
Coinbase Institutional’s 2020 Year in Review report
Grayscale Files for Several New Trusts, Including Some in DeFi
Paradigm’s Guide to Optimistic Rollups
For the Math-Minded, Vitalik’s Introduction to zk-SNARKs
FUN BITS
Crypto Twitter Can’t Stop With GameStop
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