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Bitcoin’s real role examined; 3AC’s complex ties revealed

A report says Bitcoin users are looking beyond investment. Meanwhile, court document reveals strong ties between 3AC and TPS Capital.

Welcome to The Daily Forkast – July 20, 2022 – presented by Joel Flynn.

Coming up on today’s show:

Report says Bitcoin users in emerging markets looking beyond investment.

Meanwhile in the US, Senator Cynthia Lummis says vote on crypto bill unlikely this year.

Sam Bankman-Fried says “moderately bad” deals okay during bailouts.

And more in the Three Arrows debacle, court documents show strong ties between 3AC and TPS Capital.

Over in the Middle East, Dubai scorches crypto winter with plans to support 40,000 metaverse jobs.

And finally, the US Department of Justice seizes US$500k from North Korea-baked hackers.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 20.