Bi-weekly Recap: Sushi, The People vs. VCs, Ethereum Re-org Debunked (July 2021)

<p>In our bi-weekly recap for the most important events in crypto, we talk about:</p> <div class="small-hide medium-show"> <div class= "product-hero-desc product-hero-desc--spacer-bottom-large"> <ul> <li dir="ltr"><strong>Mega-deal recap:</strong> FTX, Circle, Sorare & OpenSea</li> <li dir="ltr"><strong>Community vs. Evil VCs:</strong> Sushi Strategic Raise</li> <li dir="ltr"><strong>Ethereum Time Bandit: </strong>Existential threat or overreaction?</li> </ul> <p dir="ltr" data-test-bidi="">Hosts: Jason Choi (@mrjasonchoi), General Partner at Spartan Capital, and Saneel Sreeni (@sanlsrini), Junior Partner at Dragonfly Capital. This show is not financial advice; show host and guest may hold some of the assets discussed.</p> <p dir="ltr" data-test-bidi="">Resources:</p> <ul> <li dir="ltr"><a href= "-%20[https:/forum.sushi.com/t/sushi-phantom-troupe-strategic-raise/4554/333](https:/forum.sushi.com/t/sushi-phantom-troupe-strategic-raise/4554/333)"> Sushi strategic raise forum </a></li> <li dir="ltr"><a href= "-%20Flashbots%20%20%20%20%20-%20Forked%20GET%20client%20%20%20%20%20-%20For%20high%20value%20tx,%20instead%20of%20going%20to%20mempool%20with%20your%20tx,%20send%20your%20tx%20directly%20to%20miners%20with%20a%20tip%20%20%20%20%20-%20Sealed%20bid%20auction%20%20%20%20%20-%20Extension...can%20we%20go%20revert%20tx%20in%20the%20past?%20%20%20%20%20-%20Nakamoto%20consensus%20=%20probabilistic%20finality%20%20%20%20%20-%20deeper%20tx%20=%20higher%20security%20%20%20%20%20-%20in%20the%20case%20of%20competing%20blocks%20by%202%20miners%20(one%20is%20an%20uncle%20block%20-%20wasted,%20non-canon%20block)%20%20%20%20%20%20%20%20%20-%20ETH:%20variant%20of%20GHOST%20that%20picks%20which%20block%20to%20include%20-%20gives%20rewards%20to%20uncle%20blocks%20to%20subsidize%20miners,%20but%20tx%20themselves%20are%20not%20valid/%20final%20%20%20%20%20-%20People%20can%20go%20to%20uncle%20blocks,%20copy%20tx%20and%20then%20add%20valid%20then%20push%20it%20through%20to%20earn%20fees%20%20%20%20%20-%20People%20can%20remine%20old%20b