The Gentlemen of Crypto EP – 858

Fantom was hacked for $30 million. The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories.

Top gains / losses (market update): 47

  • Solana (-6.89%)
  • Avalanche (-7.01%)
  • Polkadot (-5.08%)

US Treasury wants new stable coin regulation: 3:32

  • United States Treasury hits at new laws for stablecoins on Dec 17 (link)
  • Tether is valued at $75 billion

Dubai WTC positioning to be a crypto hub: 15:16

  • Has a new initiative to support local crypto development and regulation (link)
  • Also aims to enforce rigorous standards for investor protection (ALM laws)

Grim Finance exploited for 30ms: 21:24

  • One of the biggest attacks on the Fantom blockchain (link)
  • Attacker used a “reentrancy” exploit to steal funds
  • Attack is common Solidity

Day Dalio ‘impressed’ with Bitcoin: 27:08

  • Billionaire calls the asset “one hell of an invention” (link)
  • Says crypto makes up a small % of his portfolio

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Categories: Blockchain

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