@RebeccaRettig1 says President Trump's measured tone following the election could signal a willingness to work with Democrats, potentially opening the door to Democratic commissioners at the SEC and CFTC.
These are sophisticated heists. They’re sitting in the systems for weeks and weeks and weeks.”
SEAL researcher @tayvano_ joins @renato_mariotti and @RebeccaRettig1 on this week’s @CoinDesk Policy Protocol to break down the $6.3B Binance hack, the industry’s race to freeze stolen funds, and how fake IT workers get hired.
00:00 - Welcome to The Policy Protocol 01:15 - Unpacking the Midterms: Is the CLARITY Act Dead? 03:12 - A 'Terrible Night for Crypto'? 06:16 - A 'Rump CLARITY' in the Lame Duck? 07:20 - CFTC Approves Stock Perps 10:28 - The $6.3B Binance Hack: SEAL's Taylor Monahan Joins 11:11 - Could Any Rulebook Have Stopped the Binance Hack? 13:01 - Why Hackers Target Crypto, and Why Banks May Be Next 15:20 - Keeping North Korean IT Workers Out 18:52 - Tether, Circle and the Industry-Wide Freeze 22:54 - Why the Feds Want Freezes Without Court Orders 25:00 - Person of the Week: ZachXBT
JUST IN: @Aave acquires fixed-rate lending startup @Avon_xyz, bringing its protocol engineering team and technology in-house as Aave works to add fixed-rate lending to its $33B deposit, $13B active loan platform.