Matt and Nic are back to cover a dramatic week in crypto. Galaxy Digital’s Alex Thorn also joins to provide market color. In this episode: 

• Bitcoin’s price action in response to the bank runs • USDC recovers its peg • FTX crime family news • Signature bank is shut down somewhat arbitrarily • What happened with Silvergate? • Is Operation Choke Point 2.0 real? • Blockchain Association FOIA’s federal banking regulators • Are macro funds dipping their toes back into Bitcoin? • Crypto Banks are gutted • Was Signature solvent when it was shut down? • Will Signet be sold off in the Signature auction? • What was the importance of SEN and Signet? • First Republic secures $30b in deposits • What happened with Silvergate and the FHLB? • Galaxy Digital’s head of research Alex Thorn joins the show • Arbitrum announces their airdrop