162. News: Terra terror as ex-Meta crypto chief launches Bitcoin payments start-up

Blockchain Insider Podcast by 11:FS

gm. Cuy Sheffield is joined by Mauricio Magaldi while Simon is currently travelling, and we are back this week to talk about the latest and greatest news in the world of crypto, including:

• Terra terror: Luna nosedives under $2, and algo Stablecoin TerraUSD loses 98% of its value 2:05
• Ex-Meta crypto chief launches Bitcoin payments start-up while Meta’s Instagram partners with Polygon in NFT push 24:53
• A number of headlines about crypto regulation have popped up recently: With the UK targeting major crackdown on Bitcoin and cryptocurrencies, while regulation everywhere is being pushed more than ever 40:10
• French Open enters the metaverse with Roland-Garros virtual-seat NFTs 48:46
• EU Commission favours ban on large-scale Stablecoins, document shows 50:10

We are also joined by some amazing guests:

• Jacquelyn Melinek, Senior Crypto Reporter at TechCrunch
• Zak Lambert, Product Manager at Plaid

The Tweet of the Week comes from @cobie.

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Special Guests: Jacquelyn Melinek and Zak Lambert.

Links:

• TerraUSD (UST), the most recent poster child for algorithmic stablecoins crashed and burned, , Luna Nosedives Under $0.0001, Loses over 99% Of Its Value, and helps tank the markets
• TerraUSD (UST), the most recent poster child for algorithmic stablecoins crashed and burned, , Luna Nosedives Under $0.0001, Loses over 99% Of Its Value, and helps tank the markets
• Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm
• Meta’s Instagram Partners With Polygon In NFT Push
• A number of headlines about crypto regulation have popped up recently: with the UK targeting major crackdown on Bitcoin and cryptocurrencies, while regulation everywhere is being pushed more than ever
• Dubai adopts crypto law as it looks to become a hub for web 3.0
• Germany Affirms Crypto Sold After One Year Is Tax-free
• Portugal to Tax Cryptocurrency Income According to Minister of Finance
• G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
• French Open enters the metaverse with Roland-Garros virtual-seat NFTs
• EU Commission Favors Ban on Large-Scale Stablecoins, Document Shows

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