Want to create an interactive transcript for this episode?
Podcast: On The Brink with Castle Island
Episode: Weekly Roundup 02/28/25 (Bybit Hack, SEC drops lawsuits, bank-issued stablecoins)
Description: Matt and Nic return for another week of news and deals. In this episode: Figure Markets announced the launch of their YLDS stablecoin, which is the first yield-bearing stablecoin to be approved by and registered with the SEC Crypto exchange Bybit was hacked on Friday for an estimated $1.48 billion worth of ETH in the largest hack in the industry's history n the past week, the SEC dropped lawsuits and investigations related to Coinbase, Robinhood, OpenSea, Uniswap, Gemini, and MetaMask Microstrategy purchased an additional 20,356 BTC last week Crypto exchange OKX pled guilty and agreed to pay $504 million in penalties fo...