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Crypto Curious

138 - Crypto bloodbath, Coinbase & Tether profits and COMP token governance drama!

07 Aug 2024

Description

The big crash - the crew talk about the crypto market experiencing the largest 3-day selloff in a year, briefly shedding $510 billion!! The Fear & Greed Index has fallen down to 26 which is a big indicator that panic is afoot. But who's to blame? The bank of Japan? The Presidential race to the top? The Israel / Palestinian conflict? Tracey, Blake & Craig unpack it all - plus, we'll explore how major players like Coinbase and Tether fared during this turmoil and uncover their surprising Q2 profits. Then, we'll delve into the COMP token governance drama and attack from the 'Golden Boys' highlighting what happens when DAOs go bad plus our short, sharp news bites brought to you by Bamboo.Stay tuned for an in-depth analysis of these pivotal events shaping the crypto worldTIMESTAMPS1:11 - Licking our wounds after the recent bloodbath5:03 - Blake calls a massive overreaction - listen why!6:47 - Coinbase & Tether both record impressive Q2 profits9:27 - DeFi world hits headlines with COMP13:33 - Short, sharp news bites****If you’re enjoying these episodes please subscribe to our podcast on your preferred platform, leave a review, or share this episode with a friend or family member.If you want to start investing in Bitcoin, Ethereum, Gold & Silver, you can download the Bamboo app here. Use the code CURIOUS for $10 in BTC when you sign up.Follow the Crypto Curious Instagram here.Join the Crypto Curious Facebook Group here.*****In the spirit of reconciliation, Equity Mates Media and the hosts of Crypto Curious acknowledge the Traditional Custodians of the country throughout Australia and their connections to land, sea, and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.*****Crypto Curious is a product of Equity Mates Media.This podcast is intended for educational and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs, or objectives.Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.Hosted on Acast. See acast.com/privacy for more information. Hosted on Acast. See acast.com/privacy for more information.

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