Weekly Roundup 11/04/22 (Fidelity Crypto Launches, Alameda’s balance sheet, SDNY looks at Tether) (EP.368)

Matt and Nic return for another week of deals and news. In this episode:  Bitwise is moving into active management What’s the deal with Uber on the blockchain? The boys review House of the Dragon The history of land-based blockchain bets Fidelity launches no-fee retail trading for trading BTC and ETH on their platform Matt reminisces on Fidelity’s crypto journey Google announces blockchain node engine Nic’s 2-year pending transaction on Venmo SBF continues to wrangle with CT Sam’s debate with Erik Voorhees Alameda’s questionable balance sheet is leaked Can FTX buy its way into respectability despite the existence of Alameda? What’s the deal with the MAPS token? Is it far for FTX to start offshore and buy way into the regulated system? Elon’s schemes for Twitter Coinbase and the Blockchain Association are supporting Ripple in their case against the SEC The Tether case is reopened at the SDNY Tether rips us off with their own bootleg FUD Dice What happens to Chinese Tether holders if Tether has to unwind If Tether fails, do funds flow back into BTC? The mining sector is deeply distressed Why the mining bankruptcies may cause concentration in who controls hashrate Circle delays their SPAC Coin Metrics releases a taxonomy with Goldman and MSCI Protos’ weird hatchet job on Nic’s tungsten cube infatuation Did we manipulate the market for tungsten? Sponsor notes: Talos powers institutional access to the entire digital assets ecosystem via a single-point of entry. Connect directly to your preferred prime brokers, lenders, investors, custodians, exchanges, OTC desks and more, or meet them on Talos. Get started at Talos.com Subscribe to the Coin Metrics State of the Network newsletter