Rabbit Hole Recap #206: More pain is on the way

Rabbit Hole Recap ·

This week Marty and Matt discuss:

  • $4 Billion in Bitcoin Miner Loans Under Stress (https://www.bloomberg.com/news/articles/2022-06-24/almost-4-billion-in-bitcoin-miner-loans-are-coming-under-stress)

  • MicroBT to Get First Access to Samsung 3nm Chips (https://www.thelec.net/news/articleView.html?idxno=4096)

  • Supreme Court Rules Against EPA Limiting Federal Power to Regulate Bitcoin Miners and Other Energy Projects (https://www.supremecourt.gov/opinions/21pdf/20-1530_n758.pdf)

  • Montana Storm Takes 75% of Marathon Hash Offline (https://www.theblock.co/post/154660/montana-storm-knocks-75-of-marathons-active-crypto-mining-fleet-offline)

  • First Batch of My First Bitcoin Diplomas Awarded, Second School Joins Initiative (https://bitcoinmagazine.com/business/38-high-school-students-in-el-salvador-earned-a-bitcoin-diploma)

  • Celsius is $2B in the Hole (https://www.theblock.co/post/155069/ftx-walked-away-from-celsius-deal)

  • Leaked Call Provides More Details on BlockFi Issues (https://www.theblock.co/post/154681/a-leaked-investor-call-revealed-morgan-creeks-bid-for-blockfi-here-are-four-more-big-takeaways-from-the-call)

  • Compass Mining CEO and CFO Resign (https://compassmining.io/education/compass-mining-announces-ceo-resignation-and-naming-of-interim-leadership/)

  • More Details of Coinbase Surveillance Tools Sale to US Gov Released (https://theintercept.com/2022/06/29/crypto-coinbase-tracer-ice/)

  • EU to Release FATF Compliant Travel Rule Requirements (https://archive.ph/uQjGK)

  • GBTC ETF Conversion Denied, Grayscale Sues SEC (https://bitcoinmagazine.com/legal/grayscale-is-suing-the-sec-for-denying-its-spot-bitcoin-etf)

  • Bitcoin Amsterdam in October (https://b.tc/conference/amsterdam)

  • India Passes New Digital Surveillance Measures (https://darknetlive.com/post/vpn-services-in-india-required-to-maintain-logs)

  • Coinbase Surveillance (https://twitter.com/ODELL/status/1379541724117102594?t=Gu6YW9FSpPOgf7CPV0RecA&s=19)

  • America: Freedom to Fascism (https://www.youtube.com/watch?v=uNNeVu8wUak)

  • Vince Vaughn Freaks out (https://www.youtube.com/watch?v=gRTvDAp2gfY)

  • BIP 324 (https://tftc.io/martys-bent/issue-1231-bip-324-would-bring-end-to-end-encryption-to-bitcoins-p2p-layer-and-it-needs-some-review/)

  • Shares of $GBTC (https://twitter.com/JoeConsorti/status/1542344785033297920?s=20&t=sxlDE3DnSWuMwC3JDNQdGA)

  • Netherlands farmers protest (https://twitter.com/risemelbourne/status/1542263663234793472?s=20&t=sxlDE3DnSWuMwC3JDNQdGA)

  • Powell gaslighting (https://twitter.com/srrbrr2u2/status/1542473192974954497?s=20&t=eaKSgaEsE8NI-O0Ye_HxmA)

  • Bent Issue #711: A warning from history (https://tftc.io/martys-bent/issue-711/)

Shoutout to our sponsors:

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