Rabbit Hole Recap #228: DCG & Genesis Getting Dragged into the Contagion

<p>This week Marty and Matt discuss:</p> <p><a href="https://www.reuters.com/technology/bahamas-regulator-says-it-assumed-control-digital-assets-ftx-2022-11-18/">- The Securities Commission of The Bahamas Seized Digital Assets of FTX After Bankruptcy Declared in US</a> </p> <p><a href="https://github.com/bitcoin/bitcoin/blob/master/doc/release-notes/release-notes-24.0.md">- Bitcoin Core v24.0</a> </p> <p><a href="https://github.com/sparrowwallet/sparrow/releases/tag/1.7.1">- Sparrow Wallet v1.7.1</a> </p> <p><a href="https://www.hoseki.app/blog/hoseki-launches-real-time-proof-of-reserves-page-for-bitcoin-owners">- Hoseki Launches Real-Time Proof of Reserves Hub</a> </p> <p><a href="https://satscrap.com/">- ‘SatsCrap’ Bitcoin P2P Marketplace</a> </p> <p><a href="https://www.coindesk.com/policy/2022/11/22/tornado-cash-developer-alexey-pertsev-to-remain-in-jail-until-at-least-late-februrary/">- Tornado Cash Developer Alexey Pertsev to Remain in Jail Until at Least Late February</a> </p> <p><a href="https://www.bloomberg.com/news/articles/2022-11-22/genesis-balance-sheet-reveals-web-of-loans-across-silbert-empire-dcg">- Genesis Balance Sheet Reveals $2.8 billion in Outstanding Loans: 30% made to related parties including parent company Digital Currency Group</a> </p> <p><a href="https://datafinnovation.medium.com/3ac-dcg-amazing-coincidences-c14eec941c06">- 3AC, DCG & Amazing Coincidences</a> </p> <p><a href="https://protos.com/the-curious-case-of-ftx-and-farmington-state-bank-aka-moonstone/">- FTX and Gemini bought a large stake in a bank</a> </p> <p><a href="https://twitter.com/benthecarman/status/1595395624010190850">- Mutiny wallet node in the browser</a> </p> <p><a href="https://twitter.com/zachxbt/status/1596048606720823297">- FTX "hacker" sends bitcoin to centralized mixer</a> </p> <p><a href="https://makers.bolt.fun/tournaments/1/projects">- Lightning Legends Tournament</a> </p> <p><a href="https://odell.ghost.io/survival/">- SURVIVAL by ODELL</a> </p> <p>TIMESTAMPS:<br /> 13:05 - Dashboard<br /> 15:49 - The contagion continues with Genesis<br /> 19:40 - GBTC money printer<br /> 25:05 - Once more, control your keys<br /> 32:45 - DCG's massive portfolio<br /> 35:25 - Get your Black Friday wallets<br /> 37:15 - Bahamas ChipMixer<br /> 43:30 - FTX and Farmington<br /> 50:40 - SBF NYT speaker<br /> 52:05 - Chaos out there, stay humble stack sats<br /> 1:00:25 - BTC Core 24.0<br /> 1:04:45 - Sparrow 1.7.1<br /> 1:05:40 - Hoseki real time proof of reserves<br /> 1:10:00 - SatsCrap<br /> 1:14:20 - Tornado Cash dev in jail till February<br /> 1:18:55 - Mutiny Wallet<br /> 1:20:35 - Legends of Lightning<br /> 1:21:55 - Shoutouts and Boostagrams<br /> 1:27:05 - Closing riff</p> <p>Shoutout to our sponsors:</p> <p><a href="https://unchained.com/concierge/">Unchained Capital</a></p> <p><a href="https://insights.braiins.com/en/profitability-calculator/">Braiins</a></p> <p><a href="https://lend.hodlhodl.com/">HodlHodl</a></p> <p><a href="https://blockstream.com/jade-wallet">Blockstream</a></p>