Matt and Nic are back for another week of news and deals. In this episode: 

• Coin Metrics derives new estimates of Bitcoin’s electricity consumption • Nic reviews his Lasik experience  • Matt takes Prometheum to task • Is Prometheum a patsy for the SEC? • Why is vaporware being elevated by the SEC and major exchanges being stymied? • We digest the Hinman emails and what they mean for ETH and XRP • What do the Hinman emails mean for the SEC’s • The SEC attempts to make DeFi protocols register as exchanges • Blackrock is about to file a renewed application for a Bitcoin ETF • Reps Davidson and Emmer’s SEC Stabilization Act • Hong Kong is pressuring banks to service crypto firms • Coindesk gets their hands on the NYAG’s Tether reports • Abra is in trouble

Sponsor notes: 

• Coin Metrics STATE OF THE NETWORK - The Signal & the Nonce, Re-imagined • In this issue of State of the Network, we showcase a novel analysis that sheds light on Bitcoins energy consumption, efficiency and e-waste