Episode Summary

Crypto majors are red again as war, energy concerns escalate; BTC -4% at $66.6k; ETH -4% at $1,990; SOL -5% at $83; HYPE -3% at $38.30. ONDO (+5%), CC (+4%), and zro (+1%) led top movers. Oil +3% at $97; Gold -1% at $4,410. David Sacks stepped down as White House AI and crypto czar after hitting the 130-day limit for special government employees; he will stay involved as co-chair of the Science Council alongside Zuckerberg, Huang, and Andreessen. Tether named KPMG as the auditor for its first-ever full independent audit of USDT’s $184B in reserves; the company also engaged PwC to prep its internal systems for the process. OKX said it won’t rush a US IPO, with CMO Haider Rafique telling the Digital Asset Summit “we will go public when we have confidence that we can give back shareholder value”.
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