697:SEC’s DAO Clampdown & Warren’s Crypto Tax Blitz
Episode 697:
BarnBridge SEC Showdown - BarnBridge DAO faces intense scrutiny from the SEC, leading to a community vote to comply with potential regulatory demands. With its native token, BOND, plummeting in value, this raises existential questions for DAOs. Is this a regulatory chokehold or just growing pains for decentralized organizations?
Warren's Tax Call - Senators led by Elizabeth Warren are pressuring the U.S. Treasury and IRS to expedite crypto tax rules. Their urgency highlights a potential $50 billion annual windfall for the government, questioning the sluggish pace of federal agencies in adapting to the crypto landscape.
USDR's Fatal Depeg - Real estate-backed stablecoin USDR loses its dollar peg, plummeting to $0.53. This collapse exposes the vulnerability of assets backed by illiquid collateral like real estate. It serves as a cautionary tale for those entrusting their assets to seemingly stable vehicles.
Coinbase's 52% Drop - Coinbase experiences a staggering 52% drop in spot trading volume, jeopardizing over half of its revenue. Despite gaining market share, this decline serves as a glaring red flag for the crypto industry at large, reflecting growing regulatory pressures and general skepticism.
Onyx's Collateral Speed - BlackRock leverages JPMorgan's blockchain technology for instant collateral settlement with Barclays. This monumental move validates blockchain's transformative potential in traditional finance, but also shows that financial giants are playing catch-up in a game started by the crypto community.
Lido's 20 ETH Crisis - Lido Finance, a major player in Ethereum staking, suffers 20 slashing events due to infrastructure issues. While an insurance fund exists to mitigate impact, the incident serves as a wake-up call about the inherent risks in decentralized systems, even among well-established protocols.
Crypto Overnighter Podcast (10/12/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.
Email: [email protected]
Salem Friends of Felines: https://sfof.org/
Twitter: https://twitter.com/CryptoCorvus1
-
14:36
Tactical Advisor
18 hours agoNew Military Thermal Target
12.7K2 -
2:10
OfficialJadenWilliams
17 hours agoHow we treated AI in 2023 vs 2025
6.98K4 -
9:02
The Shannon Joy Show
17 hours agoWhy is Canada PERSECUTING Dr. Makis
11.7K6 -
57:03
NAG Podcast
14 hours agoAlex Stein: BOLDTALK W/Angela Belcamino
7.05K1 -
8:41
Freedom Frontline
17 hours agoMaria Bartiromo Plays The Clip That ENDS Adam Schiff’s Career
12.2K7 -
9:39
Nate The Lawyer
1 day ago $2.45 earnedBlack Family Turns On BLM Narrative Says Cop Was Justified.
12.1K21 -
32:41
Actual Justice Warrior
2 days agoFinance Girl Goes FULL PROPAGANDIST
14.2K7 -
12:21
itsSeanDaniel
1 day agoAOC and Bernie MELTDOWN after CNN Host CALLS THEM OUT
9.98K9 -
1:03:37
Dialogue works
2 days ago $2.86 earnedCol. Larry Wilkerson: The Iran War Threat RETURNS — But Iran Has Transformed into a Military Giant!
10.1K7 -
2:10:32
MG Show
21 hours agoNothing Happening?: Bolton Indicted; Pandoras Box REX 84' AND F.E.M.A.
12K10