- Three Arrow Capital hedge fund is highlighting the intrication of over leveraged CeFi and DeFi.
- Lenders are pulling out their liquidities of the crypto markets, hedge funds & market makers have difficulties to operate. Liquidations seems not be finished yet.
- Celsius with 1.7 million users unable to withdraw their $11.5 billion worth of crypto.
- Goldman Sachs looking for $2 billion to bailout Celsius
- BlockFi seeking $250 million a fight for bailout between Morgan Creek Capital and FTX.
- Short sellers attacking stablecoin USDT, Tether fight back by promising to reveal full reserve audit in 1 month.
- Proshares Short Bitcoin ETF does not meet the expected success, markets might not believe price will decline in the near-term.
Podcasts / Readings
Swiss National Bank-CIF Conference 2022: Keynote Lecture by Zooko Wilcox from Electric Company, founder of ZCash
World's first central bank to open a Zcash wallet