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Rabbit Hole Recap #199: Bitcoin is dead, we're cancelling the show - May 12 2022

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This week Marty and Matt discuss:


- terra "stablecoin" blows up https://bitcoinmagazine.com/markets/lfg-bitcoin-reserves-at-risk



- treasury sanctions custodial bitcoin mixer blender(.)io https://home.treasury.gov/news/press-releases/jy0768



- cashapp $1.73B in bitcoin sales Q1, $43M profit https://www.theblockcrypto.com/post/145363/block-reports-1-73-billion-in-bitcoin-sales-via-cash-app-during-q1-2022



- coinbase $309B volume Q1, $430M loss https://www.theblockcrypto.com/post/146161/coinbase-q1-2022-earnings-revenue



- chainalysis valued at $8.6B https://techcrunch.com/2022/05/10/crypto-forensics-startup-chainalysis-raises-170m-at-8-6b-valuation



- joinmarket v0.9.6 https://github.com/JoinMarket-Org/joinmarket-clientserver/releases



- arti v0.3.0 Tor rust client https://blog.torproject.org/arti_030_released



- casa launches api https://blog.keys.casa/announcing-api-series-a



- rusty russell releases alternative covenants proposal https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2022-May/020450.html



- conversation with rusty on his proposal on dispatch https://www.podpage.com/citadeldispatch/cd64-bip119-ctv-and-the-bitcoin-development-process-with-rusty_twit-and-brian_trollz/



- spiral post on supporting open source https://spiral.xyz/blog/a-framework-for-sustainable-open-source-bitcoin-development



- georgetown law research shows ICE tracks 75% of Americans https://americandragnet.org/



- grayscale privately met with SEC trying to get GBTC approved as an etf https://www.cnbc.com/2022/05/11/grayscale-tells-sec-that-turning-biggest-bitcoin-fund-into-etf-will-unlock-8-billion-for-investors.html



- costa rica declares national emergency over ransomware attacks https://www.bleepingcomputer.com/news/security/costa-rica-declares-national-emergency-after-conti-ransomware-attacks
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