This is Matt Reustle and I'm back with Eric for our second quarterly recap. As you can imagine, the tone is slightly different to our first one of these, just three months ago. There’s a lot to digest but we tried our best. Jump in and enjoy.   For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.   -----   This episode is brought to you by Coinbase Prime. Coinbase Prime combines advanced trading, battle-tested custody, financing, and prime services in a single solution. Clients have used our comprehensive investing platform to execute some of the largest trades in the industry because they are the only publicly-traded company with experience trading and custodying crypto assets at scale. Get started with Coinbase Prime today at coinbase.com/prime.   -----   Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.   Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag    Show Notes [00:02:17] - [First question] - Whether the performance of crypto in the second quarter has changed Eric’s perceptions of the space [00:08:25] - The fall of Luna and what made it vulnerable [00:17:18] - Arguments for stablecoins [00:19:08] - The contagion post-Luna and its impact on Celsius [00:24:35] - The bankruptcy in Voyager and why we haven’t seen similar actions by others [00:30:00] - Does the crypto asset class need saving [00:34:11] - The collapse of Three Arrows Capital [00:39:40] - Removing the leverage in the system; Ken Stanley ILTB podcast episode [00:45:20] - The continued push into crypto from established financial institutions [00:48:07] - Where is the regulatory front moving on crypto [00:54:25] - Any regulatory events to keep an eye out for  [01:00:56] - Takeaways from NFT NYC and ApeFest