ROLLUP: Is SBF Killing DeFi?? | Aptos Launch Down Bad | Ethereum Censorship Heats Up | Reddit Onboarding Millions

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📺 ROLLUP: 3rd Week of October, 2022

October 21, 2022

MARKET

• BTC Price

• ETH Price

• ETH/BTC Ratio

• Total Crypto Market Cap

• ETH Gas Markets

• 30 Year Fixed Mortgage Rates Hit 7.15%

  

  Genevieve Roch-Decter, CFA @GRDecter

  Breaking: 30 year fixed mortgage rates hit 7.15%.

  Also breaking: the housing market.

  12:15 AM ∙ Oct 19, 2022

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  4,671Likes475Retweets

  

  Michael Saylor⚡️ @saylor

  If you flew an aircraft like this you would (a) stall (b) rip the wings off (c) crash & burn.

  Luckily for us, it’s not the trajectory of a flight vehicle, but rather the US01Y – the risk free interest rate driving the entire $500 trillion global finance system. https://t.co/8ucgR6M2fw

  

  4:58 PM ∙ Oct 16, 2022

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  4,829Likes852Retweets

  The Burn Continues

  https://ultrasound.money/

  

  DefiLlama.com @DefiLlama

  Euler’s TVL hit a new all-time high at $297.97m today

  

  7:40 PM ∙ Oct 18, 2022

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  95Likes21Retweets

NEWS

Regulating Crypto…DCCPA & SBF
https://twitter.com/alliancedao/thread/1582800340520312833

Jake Chervinsky @jchervinsky

There’s been some discussion lately as to how the Stabenow-Boozman bill (DCCPA) affects DeFi. Here’s what I said after the Senate Ag hearing on the bill last month. I’m hopeful that it can be amended to treat DeFi fairly, but we’ll have to wait and see what the next draft says.

Jake Chervinsky @jchervinsky

9/ Second, the bill could be interpreted as a ban on DeFi.

The “digital commodity platform” definitions are all designed for centralized custodial markets. Yet, as @SenGillibrand sharply pointed out, they also might capture DeFi protocols—no more than code—which can’t comply.

12:37 PM ∙ Oct 19, 2022

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134Likes27Retweets

SBF @SBF_FTX

1) As promised:

My current thoughts on crypto regulation.

ftxpolicy.comPossible Digital Asset Industry StandardsDraft of a set of standards that we as an industry could enact to create clarity and protect customers while waiting for full federal regulatory regimes

8:45 PM ∙ Oct 19, 2022

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1,524Likes361Retweets

<div class="tweet" data-attrs="{"url":"https://twitter.com/RyanSAdams/status/1582842277948362753","full_text":"@SBF_FTX Sam.\n\nWith respect.\n\nThis absolutely sucks.\n\nYou’re saying DeFi should be OFACed.\n\nYou’re saying onchain freeze’s should be normal.\n\nYou’re saying DeFi front-ends to register as a broker-dealer.\n\nNo, this is not reasonable.\n\nThis would eliminate the U.S. from the crypto race. ","username":"RyanSAdams","name":"RYAN SΞAN ADAMS 🤓","date":"Wed Oct 19 21:13:01 +0000 2022","photos":[{"img_url":"https://pbs.substack.com/media/FfdgWVEWYAk23ID.jpg","link_url":"https://t.co/AtlvHgaAkL","alt_text":null},{"img_url":"https://pbs.substack.com/media/FfdghfPWAAAd3eB.jpg","link_url":"https://t.co/AtlvHgaAkL","alt_text":null},{"img_url":"https://pbs.substack.com/media/FfdhOZIXwAQGSGK.jpg","link_url":"https://t.co/AtlvHgaAkL","alt_text":null}],"quoted_tweet":{},"retweet_count":445,"like_count":2841,"expanded_url":{},"video_url":null,"belowTheFold":true}”>

RYAN SΞAN ADAMS 🤓 @RyanSAdams

@SBF_FTX Sam.

With respect.

This absolutely sucks.

You’re saying DeFi should be OFACed.

You’re saying onchain freeze’s should be normal.

You’re saying DeFi front-ends to register as a broker-dealer.

No, this is not reasonable.

This would eliminate the U.S. from the crypto race.