
ROLLUP: Macro Bearish Report | Biggest Hack In History | SEC Drops Crypto Cases
About this episode
Joining us this week is Alex Thorn to break down why crypto markets are taking a hit. Major hacks, bearish macro signals, and fresh tariffs from the U.S. all played a role. But it’s not all bad news: the SEC is backing off from lawsuits against Coinbase, OpenSea, and Uniswap, signaling a potential shift in regulatory pressure. Plus, Bybit suffered the biggest crypto hack ever, losing $1.5B—how did it happen, and who’s behind it?
Follow Alex: https://x.com/intangiblecoins
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🪙FRAX | SELF SUFFICIENT DeFi
https://bankless.cc/Frax
🦄UNISWAP | SWAP ON UNICHAIN
https://bankless.cc/unichain
⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🌐CELO | BUILD TOGETHER AND PROSPER
https://bankless.cc/Celo
🦋MORPHO | CRYPTO-BACKED LOANS
https://bankless.cc/Morpho
-----
✨ Mint the episode on Zora ✨
https://zora.co/coin/base:0xca607e1fcbdf83f893891742bf2f4933a609a9a2?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS & RESOURCES
00:00:00 Intro To Alex
00:01:21 Market Breakdown
https://www.cnbc.com/2025/02/25/how-trumps-tariffs-on-mexico-and-canada-will-sweep-across-us-states.html
00:09:43 Treasuries vs Equities
00:22:12 The Largest Hack In History
https://x.com/Bybit_Official/status/1892965292931702929
https://x.com/smyyguy/status/1893007399687958586/photo/1
https://x.com/benbybit/status/1892969284587966869
https://x.com/benbybit/status/1893102137711960486
https://www.chainalysis.com/blog/bybit-exchange-hack-february-2025-crypto-security-dprk/
https://x.com/StefanDGeorge/status/1894781521803858353
https://x.com/hasufl/status/1894772256179405158
https://x.com/arkham/status/1893033424224411885?s=46&t=v4MeJk18PFydz-g2BpdAVg
https://x.com/Jesseeckel/status/1893047605133037905
https://x.com/mudit__gupta/status/1893290720603050121
https://x.com/Bybit_Official/status/1893687749229563958
https://x.com/benbybit/status/1893865556840775758
https://x.com/lookonchain/status/1893840256342040727
https://x.com/TimBeiko/status/1893412457567383559
https://x.com/ethena_labs/status/1892971552565805309
00:34:12 Ethereum Hard Fork Backlash
00:43:03 SEC Drops Lawsuits
https://x.com/coinbase/status/1892923603814936896
https://x.com/dfinzer/status/1893086281300582772
https://x.com/Uniswap/status/1894452298698358989
https://x.com/econoar/status/1894501626209271973
00:48:32 Hester Peirce Update
00:54:46 Bullish Or Bearish?
01:04:48 A16Z’s Newest Hire
https://x.com/patrickmchenry/status/1894735546213171378
01:06:30 Stablecoin Issues
01:12:31 US Treasury Updates
https://x.com/Bitcoin_Laws/status/1893399549454229690
https://bitcoinlaws.io/
01:15:58 Find Alex on Twitter
https://x.com/intangiblecoins
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Get every episode summarized
Each time Bankless publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Bankless

Why Hasn't The Dollar Fallen? | Lessons from Currency Historian Barry Eichengree...
Bankless

Up or Down from Here? Bears vs. Bulls
Bankless

"Fix the Money, Fix the World" — Michael Saylor's Master Plan (plus questions on...
Bankless

ROLLUP: Iran Ceasefire Rally | Anthropic’s “Mythos” Model | Q-Day Divide | Stabl...
Bankless