The crew unpacks the significance of the Trade[XYZ] S&P 500 license, why Vanity Fair's recent crypto piece is so controversial and whether the EF is returning to “communism.”
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Trade[XYZ] has obtained a license from the S&P Dow Jones Indices to offer S&P 500 perps on Hyperliquid. A crypto trader lost $50 million in a single Aave swap. A Vanity Fair crypto shoot and article is sparking backlash. And the Ethereum Foundation has unveiled a “new” mandate.
Uneasy Money hosts Kain Warwick, Luca Netz and Taylor Monahan dig into what the S&P license means for crypto with Kain saying it is not priced in yet.
They also debate whether DeFi frontends should block high slippage swaps after the recent Aave swap gone wrong.
Plus, did Vanity Fair intend to mock crypto? Luca shares how he dodged the bullet. Tay explains why OpenSea founder Devin Finzer and his wife got the most heat. Kain lets slip how he found himself on the New York Times for buying Trump's memecoin.
And why Kain does not think the Ethereum Foundation's new mandate matters in the long-run.
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