Galaxy Dumps BitGo, Kwon Breaks His Silence, and Alden Talks Macro

Published on
August 16th, 2022
Duration
39 minutes


Galaxy Dumps BitGo, Kwon Breaks His Silence, and Alden Talks Macro

Crypto Daily Briefing ·
Featuring Lyn Alden, Ash Bennington and Nicolas Brugge

Published on: August 16th, 2022 • Duration: 39 minutes

Galaxy Digital announced early Monday morning the termination of its $1.2 billion acquisition of BitGo. But BitGo is not walking away without a fight, countering later Monday with its own plans to sue Galaxy for $100 million in damages. At the top of today's Real Vision Crypto Daily Briefing, Nico Brugge and Ash Bennington break down the many moving parts of this developing story. Nico and Ash also cover Acala's "not-so-stable" stablecoin losing its peg and Terraform Labs CEO Do Kwon breaking his silence for the first time since his project collapsed in May. In today's main segment, Nico and Ash dig into Ash's recent conversation with Lyn Alden, the founder of Lyn Alden Investment Strategy, on the macro environment’s effects on Bitcoin and the U.S. dollar’s relationship to stablecoins. Please drop your questions in the chat – we want to hear from you!

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