29 - Liquid Staking & Financial System Meltdown

Ayooo, welcome back to another week of sometimes crypto the unscripted crypto podcast. On This week's episode the bois had to cover what went down over the past weekend. The failure of SVB and Signature bank. Something that hasn’t been seen since 08!!! We followed that up with how Circles USDC was affected by the collapse of SVB and how it caused USDC to depegged until Monday the 3/13. The bois also talk about what liquid staking is and how it works. The bois get into some long tangents on what are bonds and some other aspects of the banking system. Definitely check out this week's episode if you aren't caught up to some of the current events. 

PSA, Don’t forget we will be hosting another Sometimes Crypto event on 03/13/2023 for any local community members that are interested in learning about crypto in a social setting. We will be helping you guys set up your first crypto wallets and explore the best blockchain for you. Check the link in our Bio!!!

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