Clarity Act Reality Check, Storj Goes Bankrupt & Circle Buys A Patent | Ep 547

Good now revolutionaries— Full team RUMS 547 with the sharpest, most on-record Rise Up take on the Clarity Act to date. Evan says the part he's been avoiding saying: "I have avoided promoting the Clarity Act because I have so many problems with it. I am not opposed to regulatory clarity — I am opposed to enshrining power, locking crypto into a legal path that gives corporations undue power over people like you and me." Hard reset on the show's editorial position going into an August recess where the bill probably doesn't move anyway.Also this hour: Storj files for Chapter 11 (another crypto company under this year), FOMC meeting Wednesday framing from Will, Circle just closed a big patent acquisition making them America's leading holder of a specific patent class, and the DeFi-Llama-as-favorite-research-tool + DexScreener + Etherscan/Solscan trio Alex uses for on-chain research + trending-narrative discovery. Trending list call-outs from the chat: RWAs, stablecoins, oracles (Pyth in particular).The Coin Depot warning is the actionable segment. Brad Bingham asks — Alex has never heard of it. Coin Depot advertises 29-30% yields on staking, but the fine print gives them the right to "pledge, sell, lend, transfer, or invest your assets without maintaining an equivalent amount in their custody." That's fractional-reserve lending in crypto clothing. Compare to Coinbase (where your BTC just sits) or a DeFi smart contract you can actually audit. Alex on why he'd rather use the smart contract every time.Plus: OpenCover / Nexus Mutual — insurance against smart-contract hacks and stablecoin depegs. Coinbase One members get 10% off + first cover free at opencover.com. The OpenAI-hugging-face model-release story. Anthropic / Claude referenced as day-to-day AI use case. And the reveal that Bit Lovin is joining the show later this week for the BIP-110 governance walkthrough that got rescheduled off Thursday RUMS 546.Powered by Arculus Wallet — getarculus.com, promo code ARCURUMS10.Powered by Jito — stake your SOL at https://www.jito.network/staking/.RUMS Purple WalletWant the safest way to store your crypto? The Arculus cold storage wallet keeps your assets completely offline, away from exchanges, away from hackers, and fully in your control. Get your exclusive RUMS x Arculus cold storage wallet today!Crypto Payment · Card PaymentSupport the show— Want to hang out with us after the show, get live answers to your questions, or join future giveaways? Join our free community where the show lives 24/7: community.rumshq.com—☕ THE RISE UP MORNING SHOW☀️LIVE Monday - Thursday @ 7a centralHelpful web3 news, commentary, & answers to your crypto questions.🍻RISE UP AFTER DARK🌗 LIVE Wednesdays @ 7p centralDYOR and BYOB for casual Q&A, fun with expert guests, and altcoin research.📈RISE UP MARKET WATCH🤑LIVE Mondays @ 7p centralTechnical analysis, real macro insight, and practical takeaways to help you invest smarter in every market.⚖️ TRUST ISSUES 🧐 LIVE Tuesdays @ 6:30p centralBreaking down U.S. crypto policy, regulation, and legislation—what they mean for the industry and what comes next.—WANT MORE?👉Connect w/us on your favorite social: https://rumshq.com👉Become a guest or sponsor: [email protected]👉Join our free community: https://community.rumshq.comFOLLOW OUR HOSTS:☮️ Evan Mann: https://beacons.ai/conversationswithevan🤬 Alex Popovic: https://alexpopovic.info🐬 Will Watson: https://c...