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
Crypto Parabellum PodcastOctober 12, 2022x
10
00:56:1151.45 MB

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

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 

--- Send in a voice message: https://podcasters.spotify.com/pod/show/cryptoparabellum/message Support this podcast: https://podcasters.spotify.com/pod/show/cryptoparabellum/support