Dapper Labs is restricting Russian users thanks to new EU sanctions, Binance is training law enforcement around the world on how to combat crypto crime, and ether becomes deflationary for the first time since the merge. Whales are dumping USDC, Tether is now backed by T-bills and the ongoing Celcius saga continues. Whales aren’t the only ones dumping. Travis is just getting back from a trip to the restroom. We’ve got a smattering of news and bad dad jokes for you on our Bad News episode #635 of The Bad Crypto Podcast. TIME STAMPS 00:00 - Intro  01:00 - Crypto marketcap  03:00 - Dapper Labs Sanctions Russian NFT Wallets; beware of custodial wallets 05:25 - CryptoQueen Fugitive Update on the OneCoin Scam; we interviewed author Jamie J Bartlett about the saga in Episode #632; http://badco.in/632 07:14 - Binance is training police how to understand crypto crimes 09:40 - ETH becomes a deflationary currency for first time since The Merge. We covered The Merge in Episode #630; http://badco.in/630 11:25 - USDT backed by T-Bills 14:00 - Celsius independent examiner quotes $3M-$5M. If you want to understand DeFi and the risks, listen to Matt Cutler on http://badco.in/608 16:30 - Crypto whales dumping USDC. Is Circle in trouble?  18:39 - Closing Remarks Full Show Notes at: http://badco.in/635 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY BE A FEATURED GUEST: http://badco.in/apply DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.

We recapped the basics of blockchain, Bitcoin, and cryptocurrency in November 2018 for listeners to share the crypto rabbit hole with friends and family, just before the holidays. Today in 2022, this remains as one of the best educational summaries for blockchain and cryptocurrency technologies. And yes, we still want you to share it with your friends!  Full show notes: http://badco.in/210 TIME STAMPS: 00:00 - Intro  3:40 - Refresher and introductory crash course in blockchain, bitcoin, and cryptocurrency. 06:25 - Bitcoin and Blockchain are not the same thing; blockchain is actually the technology that allows crypto to be a secure platform. 09:28 - Halvening; the reward for completing the block cuts in half. 10:22 - Why do we need a Bitcoin cryptocurrency at all? 15:45 - Bitcoin and other cryptocurrencies can be a new way of transacting, only this digital currency is backed by the secure computer network, not a bank.  16:41 - What gives paper "fiat" money its value? What gives you the right to say this digital currency is a currency?  19:44 - The use cases for blockchain and cryptocurrency. 22:49 - Blockchain, in general, is a database that is transparent, decentralized, and distributed. 24:04 - Closing Remarks SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunesGoogle Podcasts: http://badco.in/googleSpotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @badcryptopod - @joelcomm - @teedubyaFacebook: /BadCrypto - /JoelComm - /teedubyawFacebook Mastermind Group: /BadCryptoLinkedIn: /in/joelcomm - /in/teedubyaInstagram: @BadCryptoPodcastEmail: badcryptopodcast[at]gmail[dot]comPhone: SEVEN-OH-8-88FIVE- 90THIRTY DISCLAIMER:Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.