In this episode, the Roundup crew and Myles O’Neil are diving into the hot topics from a volatile week in the markets. They discuss the recent Compound Finance governance attack, the first week of Ethereum ETF trading, and how teams should handle token unlocks. Additionally, they ask if crypto is now a bipartisan issue, and what governance tokens should be classified as. Finally, they speculate on whether or not we are entering a recession. Thanks for tuning in! -- Sei Labs believes the EVM is here to stay. By providing the fastest time to finality of any chain, thousands of transactions per second and full backwards compatibility with the EVM, Ethereum developers can try out a brand new design space for their applications. Visit https://www.sei.io/ to find out more -- re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit, and the first L2 to return chain and protocol fees back to users, in the form of reETH, ensuring users benefit from ecosystem growth! re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users. Not investment advice or product solicitation and not aimed at US persons. Use the following code to get started: https://re.al/rewards/airdrop/O4UNU -- Join us at Permissionless III. Use code BELL10 for a 10% discount: https://blockworks.co/event/permissionless-iii -- Follow Myles: https://x.com/MylesOneil Follow Mike: https://twitter.com/MikeIppolito_ Follow Michael: https://twitter.com/im_manderson Follow Vance: https://twitter.com/pythianism Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH- - Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (4:07) Trump at the Bitcoin Conference (10:19) Is Crypto Now A Bipartisan Issue? (19:20) Sei Ad (20:03) Re.al Ad (21:02) The Compound Finance Governance Attack (39:04) If Governance Tokens Aren't Securities, What Are They? (44:23) Are We Going Into a Recession? (52:00) The First Week of ETH ETF Trading (54:59) How Should Teams Handle Token Unlocks? -- Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.tt and our guests may hold positions in the companies, funds, or projects discussed.