Bitcoin’s real role examined; 3AC’s complex ties revealed
1. Report says Bitcoin users in emerging markets looking beyond investment
2. US Senator Cynthia Lummis says vote on crypto bill unlikely this year
3. Sam Bankman-Fried says “moderately bad” deals okay during bailouts
4. Court documents show strong ties between 3AC and TPS Capital
5. Dubai scorches crypto winter with plans to support 40,000 metaverse jobs
6. US Justice Dept. seizes US$500k from North Korea-baked hackers
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 20th.
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Ben Caselin, Head of Research, AAX
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Lilya Tessler, Head of Fintech and Blockchain Group, Sidley Austin
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Joel Flynn, Chief Correspondent, Forkast News