This interview is, uh…interesting

puck.news/exclusive-pris…

Spotted at LaGuardia

If an airline claims your flight keeps getting delayed because of 'weather' but other flights are taking off and landing at the destination, do you have any recourse?

Fascinating piece by Luisa Beltran on the dramatic shift in veterinarian care due to the entry of private equity over the past few years.

Results have been mixed, to say the least:

fortune.com/2024/05/09/pri…

Genesis and LedgerPrime veterans raised $28 million for Arbelos, a trading rival to Cumberland and Jane Street that will provide liquidity to hedge funds and VCs and try to avoid the pitfalls that sunk the crypto industry in 2022:

fortune.com/crypto/2024/05…

I see this a lot, and the obvious answer is that the string of collapses in 2022 opened Democratic lawmakers' eyes to consumer threats around crypto and not letting the industry get bigger through regulation.

The embarrassment of SBF being a major donor did not hurt.

Crypto…

Even as BlackRock ventures into crypto, it represents a tiny portion of its overall business.

Good overview of the investment giant from Yueqi Yang:

theinformation.com/articles/how-b…

Former DFS crypto regulator Matt Homer raised $5.1 million for a blockchain-focused venture fund with a who's who of backers, including Robert Leshner, Integrated Kyle e/acc, and the Winklevii.

I wrote about his approach:

fortune.com/crypto/2024/05…

👀

New: Here's the email that Columbia Journalism Dean Jelani Cobb sent to the school's faculty on police arrests of protesters last night.

Hi! I'm hoping to speak with TikTok employees to learn what's happening. I'm happy to have conversations on background. Feel free to contact me on on Signal (asternlicht.62 & QR code below) or [email protected] !

Is this new?

A look at why Worldcoin is booming in Argentina and the growing movement to block it.

From Lucía Cholakian Herrera:

restofworld.org/2024/worldcoin…

News: On stablecoins and FAA, Rep. Maxine Waters (D-Calif) tells me and Jasper Goodman just now: 'We know that putting our bill on FAA is maybe, almost a lost cause.'

Waters says she hasn't fully given up, 'but others have.'

So did the SEC privately declare Ether to be a security? The answer is murkier than crypto Twitter (and Consensys) would have you believe, but don't be surprised to get a real answer soon.

My column from today:

fortune.com/crypto/2024/05…

Tether still holds nearly $5 billion in secured loans as reserves for its stablecoin, though the number is slightly down from its last attestation.

I wrote about the curious category in January:

fortune.com/crypto/2024/01…

Exclusive: BlackRock is taking a further leap into crypto by leading a $47 million round into Securitize, its partner on its tokenized BUIDL fund, and taking a seat on its board of directors.

My full report on the rise of tokenization here:

fortune.com/crypto/2024/05…

Amid the CZ sentencing, CoinDesk reports that efforts to attach a stablecoin bill to FAA Reauthorization look unlikely.

Crypto is a flat circle

coindesk.com/policy/2024/04…