Weekly Roundup 10/10/25 (Luxembourg buys BTC, N. Dakota’s stablecoin, Salomon bros dust attack) (EP.675)
On The Brink with Castle Island · Matt and Nic are back for another week of news and deals. In this episode:
• Will stablecoins drive deposit flight from the banks? • Is FDIC insurance obsolete? • Can CBDCs provide real privacy? • ICE invests in Polymarket • North Dakota is looking to issue their own “rough rider” stablecoin, joining Wyoming • Luxembourg buys bitcoin out of their sovereign wealth fund • Is the quantum bubble creating risks for Bitcoin? • The "Salomon brothers" OP_RETURN dusting attack on old Bitcoins • Reg NMS for blockchains? • Katie Porter has a new drama • Congress is still working on the market structure bill • Shutdown update
Content mentioned in this episode:
• Nic on Substack, Yes, we really do want to trust crypto interests with the future of money • Galaxy Research, The Great Bitcoin Dusting: A ‘Salomon Brothers’ Client Tries to Claim Dormant Wallets