It was a busy weekend in crypto! A fascinating saga has unfolded after Yearn.finance’s YFI token plummeted 43% in five hours, causing chaos and FUD and prompting the founder of the dYdX exchange to call it a targeted attack. Running parallel are multiple stories impacting Bitcoin in all directions, from warnings around ETF filings to skyrocketing fees and Argentina’s new Bitcoin-friendly president, Javier Milei.

Further reading:

• BlackRock’s spot Bitcoin ETF is looking likely to be approved, but the BitGo CEO has a warning
• Yearn.finance saw its YFI token plummet 43% in five hours, sparking exit scam rumors
• The dYdX exchange claims the YFI token movement is part of a targeted attack against it
• Bitcoin’s total daily fees have consistently flipped Ethereum for the first time in years
• Javier Milei wins the Argentine presidential election, and he has a lot to say about Bitcoin

References:
Latin America: Venezuela and Argentina Stand Out as Examples of Crypto’s Unique Utility

So, grab yourself a coffee, and let’s get into it!

Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn.

Cointelegraph’s Twitter: @Cointelegraph
Cointelegraph’s website: cointelegraph.com

The views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.