Crypto Contagion: Mapping the fallout from $LUNA, 3AC, Celsius, Voyager and Blockfi

2 years ago
4

You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And when one of those fails it all comes crashing down. And that’s what we’re covering today. From GBTC to LUNA to CELSIUS, Three Arrows Capital and Voyager. The who the what the when the why and the weeping. It's exhaustive and it's probably going to be out of date by next week but we had to start somewhere.

00:00 Crypto gets proper rekt
00:31 Titles
00:44 How did we get here?
01:55 Sponsors
04:05 The $GBTC premium flips negative and changes everything
07:01 Crisis! $LUNA collapses and chaos ensues
11:14 $stETH fails to hold parity with $ETH deepening the liquidity crisis
13:36 Celsius has major problems but might be coming back
14:58 Voyager Digital
15:48 Defiance Capital
17:04 Finblox
17:36 BlockFi
18:33 Vauld
19:12 Genesis Global Trading
19:46 Babel Finance
20:30 Maple Finance and questions about Alameda
21:46 Zhu Su is selling mansions and was hopelessly wrong about the supercycle

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