Episode 403

XRP and Dogecoin surged 20% before dipping due to China's retaliatory tariffs on the US, causing uncertainty in the crypto market. A Canadian man has been indicted for allegedly exploiting vulnerabilities in two DeFi protocols, KyberSwap and Indexed Finance, to obtain approximately $65 million from investors. Kraken has secured a Markets in Financial Instruments Directive (MiFID) license in the European Union, allowing it to offer crypto derivatives products in the region. Ethereum has increased its gas limit to nearly 32 million units, allowing the network to process more transactions and potentially boosting investor interest in ETH. Aave processed $200 million in liquidations without taking on new bad debt, showcasing its resilience during market volatility. Coinbase has received approval to offer digital asset services in the UK, marking a significant expansion of its business in Europe. Decentralization in AI development could help the US avoid surprises like DeepSeek's recent AI breakthrough, which was achieved through China's iterative approach to innovation.
Episode 403

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