Comedy or Tragedy? Inflation is Rampant, CC Debt at ATH, Personal Savings Rate near ATL. Alan is officially a Bear. Jared has a HOT take on the Mango Exploit. Binance Saved 460m by being Centralized
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Comedy or Tragedy? Inflation is Rampant, CC Debt at ATH, Personal Savings Rate near ATL. Alan is officially a Bear. Jared has a HOT take on the Mango Exploit. Binance Saved 460m by being Centralized
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About this listen
Macro is showing no signs of improvement, illustrated by today/s (10/12/2022) PPI DOUBLING Expectation (0.4% MoM vs. 0.2% Expected) (explanation of PPI here)
Consumer Debt is at ATH while Personal Savings Rate is near ATL
Mango is Exploited (NOT HACKED) for 116m... for an issue they identified over 6 months ago... And the exploiter offered back 50m USD
BNB was hacked on 10/6/2022 for 560m but they control all validators and were able to SAVE 460M --- But at what cost to decentralization?
The OECD (Organization for Economic Co-Operation and Development) made its recommendation to the G20 on how to handle digital assets and the implications are worth considering (full 104 page report here)
Bored Apes Founder faces a probe from the SEC
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