gm: Arthur Hayes Says Crypto Failures Are A Sign of The System Cleansing Itself
Arthur Hayes says the speed at which projects like Terra grow and implode is a feature of the crypto industry, not a bug. He founded crypto exchange Bitmex in 2014 and then became the original crypto bad boy. In 2021 the DOJ charged him in with violating the U.S. Bank Secrecy Act for not implementing an anti-money laundering program at Bitmex. He plead guilty and was sentenced to two years probation and six months of home detention. In fact, he was still sporting an ankle bracelet on a recent cover of New York Magazine. Now he's living in Singapore, offering up his views on the crypto industry with long form, meme-filled essays, and still thinks the crypto industry will save investors from what he calls a broken banking system. "I don't care if you're capitalist or you're a communist. Everybody put on a lot of debt. We've passed the point where that debt is becoming useful," he said. "And therefore everyone is going to take an L unless they get some crypto or some gold—some hard asset that's outside of the traditional banking system."
Interviews
Candid chats and deep dives with the biggest names in crypto.

BTC Dominance Rises, Saylor wants $82B BTC, BOOP Launches
BTC Dominance Rises, Saylor wants $82B BTC, BOOP Launches FOMO HOUR EP349 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. Total crypto market cap reclaims $3.1T. BTC dominance hits 4-year high. Strategy wants to raise $82bn to buy BTC. Metaplanet raises $25m to buy BTC. Tether makes $1bn profit investments in Q1. Morgan Stanley to add crypto for e-trading clients. Two Prime to focus only BTC asset management. Manche suspended from Movement Labs. Coinbase to suspend trading for MOVE on May 15. Kraken revenue soars ahead of planned IPO. Huione Group ‘laundered $4bn funds’ for N. Korea. HYPE is the coin for alt season: Hayes. JOIN YEET = https://yeet.com/register?aff=fomohour PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL PODCAST = https://x.com/i/spaces/1kvKpydgqMQGE LIVE SPACE = https://x.com/i/spaces/1kvKpydgqMQGE Links: https://linktr.ee/fomohour https://twitter.com/fomohour https://www.rug.fm/ https://x.com/rugradio Hosts: https://twitter.com/farokh https://twitter.com/rektmando https://twitter.com/tyler_did_it Myriad: https://myriad.markets https://x.com/MyriadMarkets #bitcoin #crypto #podcast

Market Report, Fartcoin Leads Memes, Axiom Breaks out
Market Report, Fartcoin Leads Memes, Axiom Breaks out - FOMO HOUR EP348 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. JOIN YEET = https://yeet.com/register?aff=fomohour PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL PODCAST = https://podcasters.spotify.com/pod/show/fomohour Links: https://linktr.ee/fomohour https://twitter.com/fomohour https://www.rug.fm/ https://x.com/rugradio Hosts: https://twitter.com/farokh https://twitter.com/rektmando https://twitter.com/tyler_did_it Myriad: https://myriad.markets https://x.com/MyriadMarkets #bitcoin #crypto #podcast

BTC stable, BlackRock to Tokenise huge Fund, HOUSE hits $100M
BTC stable, BlackRock to Tokenise huge Fund, HOUSE hits $100M FOMO HOUR EP347 BTC stable, dominance rises towards 65%. Blackrock may tokenise $150bn money market fund. Senate could vote on Stablecoin legislation soon. BTC to hit $1m by 2028: Hayes. CBOE launches BTC index futures. BTC data storage debate grows. BTC whale loses $330m in hack. OFAC sanctions on Tornado cash ruled illegal. SEC extends rule review for DOGE ETF, XRP fund. SEC drops investigation into Paypal stablecoin. Libre to launch tokenised bonds on TON. UK plans regulatory framework for crypto assets. Bunq collabs with Kraken to launch trading services. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. JOIN YEET = https://yeet.com/register?aff=fomohour PLAYLIST = https://www.youtube.com/playlist?list=PLGSgoImPFTiVpkHhLXF78cE_Z3uG7VNGL PODCAST = https://podcasters.spotify.com/pod/show/fomohour LIVE SPACE = https://x.com/i/spaces/1vAxRDXwmvPGl Links: https://linktr.ee/fomohour https://twitter.com/fomohour https://www.rug.fm/ https://x.com/rugradio Hosts: https://twitter.com/farokh https://twitter.com/rektmando https://twitter.com/tyler_did_it Myriad: https://myriad.markets https://x.com/MyriadMarkets #bitcoin #crypto #podcast