Happy Thursday, Blockfolians
The Lede
Mark Cuban has been on a total DeFi kick. He’s investing in startups, messing around with protocols directly, hell even writing articles about why regulators should get on board with what he says could be the next great American growth engine.
That is, apparently, until he gets the rugged pulled.
BREAKING: Mark Cuban calls for more stablecoin regulation after trading DeFi token that crashed to zero
bloomberg.com/news/articles/… $TITANYes, strangely, his response to screwing up is to admit he screwed up…but then call for more regulation. We’re not exactly sure how this squares with his other post talking about regulators getting on board, but that’s not really the point right?
The point, of course, is memes.
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Highly Relevant Reading
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The first crypto bank-run?
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Bloomberg is covering DeFi now
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CBDCs getting more buzz in the UK
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US House Republicans now accepting crypto campaign donations
Community Commentary
Saylor hosted a long Twitter Spaces all about the Bitcoin Mining Council
Some macro talk after yesterday’s FOMC meeting
A Really Big Number We Should Be Paying Attention To
1,500 BTC
That’s the new capacity of the Lightning Network – up 50% since January
Final Thought
What do you think?
