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Unchained podcast

Unchained

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.

 

#377

Solend and Bancor Drama: Did These DAOs Violate the Ethos of Crypto? - Ep. 366

Derek Hsue, cofounder at Reverie, discusses the recent controversial decisions by Solend DAO and Bancor, the importance of establishing processes for black swan events, and whether decentralized governance truly exists. Show highlights: ---what situation prompted Solend to feel it was in jeopardy ---what Solend DAO’s response was to that situation ---why Derek views it as “the nuclear option” ---why the proposal sparked an outcry from the crypto community ---whether this issue could have been prevented or managed differently if the protocol was built on a blockchain other than Solana ---why, a day later, the DAO reversed its first decision to take over the whale’s account ---whether Derek thinks the DAO made the right decision to not take over the whale’s account ---what is Impermanent Loss Protection, a feature offered by Bancor ---why Bancor decided to pause Impermanent Loss Protection ---whether Celsius and 3AC had anything to do with Bancor’s problem ---how Bancor’s decision was made unilaterally ---how DAOs should deal with black swan events     Thank you to our sponsors!   [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>  Ava Labs: <a href= "https://www.avax.network/">https://www.avax.network/</a>     EPISODE LINKS   Derek ---Twitter: <a href= "https://twitter.com/derek_hsue">https://twitter.com/derek_hsue</a>   Reverie ---Website: <a href= "https://www.reverie.ooo/">https://www.reverie.ooo/</a> ---Twitter: <a href= "https://twitter.com/hi_reverie">https://twitter.com/hi_reverie</a>   Solend DAO Situation ---Covered on Monday’s Unchained Newsletter: <a href= "https://unchainedpodcast.com/does-this-dao-deserve-emergency-power%e2%81%89%ef%b8%8f/"> https://unchainedpodcast.com/does-this-dao-deserve-emergency-power%e2%81%89%ef%b8%8f/</a> ---Proposal to invalidate the first one: <a href= "https://decrypt.co/103330/solana-lending-dao-overturns-vote-to-take-over-at-risk-whale-wallet"> https://decrypt.co/103330/solana-lending-dao-overturns-vote-to-take-over-at-risk-whale-wallet</a> ---The whale moved $25 million from Solend: <a href= "https://www.theblock.co/post/153207/solana-whale-shuffles-25-million-to-reduce-risk-to-defi-protocol-solend"> https://www.theblock.co/post/153207/solana-whale-shuffles-25-million-to-reduce-risk-to-defi-protocol-solend</a>   Bancor Pausing Impermanent Loss Protection ---Bancor’s post: <a href= "https://blog.bancor.network/market-conditions-update-june-19-2022-e5b857b39336"> https://blog.bancor.network/market-conditions-update-june-19-2022-e5b857b39336</a> ---Anthony Sassano’s reaction: <a href= "https://twitter.com/sassal0x/status/1539082583832526848?s=20&t=OzTV6M5bCH4fxJIJUtLA4Q"> https://twitter.com/sassal0x/status/1539082583832526848?s=20&t=OzTV6M5bCH4fxJIJUtLA4Q</a>   DAO Governance issues: ---Lido DAO proposes to reduce the existing scope of governance of its token holders: <a href= "https://research.lido.fi/t/ldo-steth-dual-governance/2382"> https://research.lido.fi/t/ldo-steth-dual-governance/2382</a> ---Jack Niewold 's thread: <a href= "https://twitter.com/JackNiewold/status/1539307339928457217?s=20&t=OzTV6M5bCH4fxJIJUtLA4Q"> https://twitter.com/JackNiewold/status/1539307339928457217?s=20&t=OzTV6M5bCH4fxJIJUtLA4Q</a> ---Unchained Coverage: How Soulbound Tokens Could Reduce Speculation and Improve DAO Voting – Ep.360: <a href= "https://unchainedpodcast.com/how-soul-bound-tokens-could-reduce-speculation-and-improve-dao-voting-ep-360/"> https://unchainedpodcast.com/how-soul-bound-tokens-could-reduce-speculation-and-improve-dao-voting-ep-360/</a>     Main tweet On this Friday’s Unchained, Derek Hsue explains: * why the first Solend DAO vote was the “nuclear option” * whether Solana’s history of downtime spurred the proposal * Bancor’s decision to stop Impermanent Loss Protection * what this all means for DAO governance ... Read more

Yesterday

34 MINS

34:49

Yesterday


#376

CFTC Commissioner Caroline Pham on Why US Crypto Regulators Get a B- Ep. 365

Caroline Pham, commissioner at the Commodities Futures Trading Commission, discusses how we should build a regulatory framework for crypto assets, whether the SEC and CFTC should work together, what were the consequences of the Terra collapse, and much more. Show highlights: ---how Cmr. Pham got started in crypto and became a CFTC commissioner ---the importance of the regulatory strategy around crypto ---what crypto’s role is in the financial system ---how bitcoin is a sort of money outside of the traditional financial system ---how friendly regulators should be with the industries they regulate ---why she believes transparency is one of the greatest ideals of American democracy ---how Cmr. Pham believes in self-determination and the power of free markets ---why Cmr. Pham published an op-ed with SEC Commissioner Hester Peirce ---how the Terra collapse incentivized regulators to look deeper into the space ---whether the US approach towards regulation can improve ---the role of the regulatory agencies in making the US the financial leader of the world ---what Cmr. Pham thinks about the new Gillibrand and Lummis bill ---whether SEC Chair Gary Gensler is right about the majority of cryptos being securities ---what are the low-hanging fruit opportunities for regulators when it comes to crypto ---how Cmr. Pham believes we should have a global regulatory framework for crypto ---why she believes algorithmic stablecoins are derivatives ---why things like Terra could act as a “shadow banking 3.0” ---whether there is a way to regulate without having intermediaries ---what Cmr. Pham thinks about FTX proposal to bypass futures commission merchants    Thank you to our sponsors!   [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>  Beefy Finance: <a href= "https://beefy.finance/">https://beefy.finance/</a>   EPISODE LINKS   Caroline Pham ---Twitter: <a href= "https://twitter.com/CarolineDPham">https://twitter.com/CarolineDPham</a> ---CFTC Profile: <a href= "https://www.cftc.gov/About/Commissioners/CarolineDPham/index.htm"> https://www.cftc.gov/About/Commissioners/CarolineDPham/index.htm</a> Stablecoin regulation   ---Financial Times article: <a href= "https://www.ft.com/content/981c380f-bb1c-45bd-8d0d-a95b15d96a00"> https://www.ft.com/content/981c380f-bb1c-45bd-8d0d-a95b15d96a00</a> ---CNBC on crypto regulation: <a href= "https://www.cnbc.com/2022/06/03/cryptocurrency-industry-focus-regulation-stablecoins-market-crash.html"> https://www.cnbc.com/2022/06/03/cryptocurrency-industry-focus-regulation-stablecoins-market-crash.html</a> ---Unchained Coverage: Why Crypto Twitter’s Disrespect Toward Regulators Is a ‘Really Bad Business Decision’: <a href= "https://unchainedpodcast.com/why-crypto-twitters-disrespect-toward-regulators-is-a-really-bad-business-decision/"> https://unchainedpodcast.com/why-crypto-twitters-disrespect-toward-regulators-is-a-really-bad-business-decision/</a> ---Unchained Coverage: Can a DeFi Smart Contract Be Regulated? Two CFTC Commissioners Discuss: <a href= "https://unchainedpodcast.com/can-a-defi-smart-contract-be-regulated-two-cftc-commissioners-discuss/"> https://unchainedpodcast.com/can-a-defi-smart-contract-be-regulated-two-cftc-commissioners-discuss/</a> FTX proposal to serve as the trading engine for derivatives: ---<a href= "https://www.forbes.com/sites/jasonbrett/2022/04/27/the-ftx-us-proposal-that-shook-congress-and-the-crypto-derivatives-world/?sh=3dac29ef4e19"> https://www.forbes.com/sites/jasonbrett/2022/04/27/the-ftx-us-proposal-that-shook-congress-and-the-crypto-derivatives-world/?sh=3dac29ef4e19</a> ---Unchained Coverage: FTX Wants to Compete with CME – Here’s Why It’s a Big Deal: <a href= "https://unchainedpodcast.com/ftx-wants-to-compete-with-cme-heres-why-its-a-big-deal/"> https://unchainedpodcast.com/ftx-wants-to-compete-with-cme-heres-why-its-a-big-deal/</a>   Hester Peirce ---Caroline’s op-ed with SEC Commissioner Hester Peirce: <a href= "https://thehill.com/blogs/congress-blog/3503277-making-progress-on-decentralized-regulation-its-time-to-talk-about-crypto-together/"> https://thehill.com/blogs/congress-blog/3503277-making-progress-on-decentralized-regulation-its-time-to-talk-about-crypto-together/</a> ---Hester Peirce's token safe harbor proposal: <a href= "https://decrypt.co/66453/secs-hester-peirce-floats-revised-crypto-safe-harbor-rules"> https://decrypt.co/66453/secs-hester-peirce-floats-revised-crypto-safe-harbor-rules</a> ---Unchained Coverage: Hester Peirce’s Former Counsel on Terra 2.0, XRP and a Bitcoin Spot ETF: <a href= "https://unchainedpodcast.com/hester-peirces-former-counsel-on-terra-2-0-xrp-and-a-bitcoin-spot-etf/"> https://unchainedpodcast.com/hester-peirces-former-counsel-on-terra-2-0-xrp-and-a-bitcoin-spot-etf/</a> Gillibrand/Lummis bill:  ---<a href= "https://fortune.com/2022/06/09/cryptocurrency-senate-washington-lummis-gillibrand-regulation-congress/"> https://fortune.com/2022/06/09/cryptocurrency-senate-washington-lummis-gillibrand-regulation-congress/</a> ---Proposed Crypto Legislation is ‘Big Win’: <a href= "https://unchainedpodcast.com/proposed-crypto-legislation-is-big-win/"> https://unchainedpodcast.com/proposed-crypto-legislation-is-big-win/</a>   Terra: ---Bloomberg on Terra collapse: <a href= "https://www.bloomberg.com/news/articles/2022-05-24/terra-collapse-triggers-83-billion-decentralized-finance-slump"> https://www.bloomberg.com/news/articles/2022-05-24/terra-collapse-triggers-83-billion-decentralized-finance-slump</a> ---SEC investigation of Terra: <a href= "https://decrypt.co/102460/sec-terra-ust-stablecoin-collapse-report"> https://decrypt.co/102460/sec-terra-ust-stablecoin-collapse-report</a> ---Unchained Coverage: The Chopping Block: Does the New Terra Have Any Chance?: <a href= "https://unchainedpodcast.com/the-chopping-block-does-the-new-terra-have-any-chance/"> https://unchainedpodcast.com/the-chopping-block-does-the-new-terra-have-any-chance/</a> ---Unchained Coverage: Why Terra Collapsed and Whether an Algo Stablecoin Can Ever Succeed: <a href= "https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/"> https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/</a> ... Read more

21 Jun 2022

55 MINS

55:27

21 Jun 2022


#375

Why Possible Insolvencies by Celsius and 3AC Could Spell Disaster for Crypto - Ep. 364

Mika Honkasalo, independent crypto researcher, discusses what is happening with Celsius and Three Arrows Capital, the importance of having proper risk management, and the contagion effects on the industry.   Show highlights: ---why is it so significant that Celsius paused withdrawals ---what is stETH and why is it important to understand the Celsius situation ---how the Luna/UST debacle started a contagion effect in the crypto space ---why Celsius’s investors won’t bail the company out ---what will happen to Celsius’s retail customers ---what Three Arrows Capital (3AC) is and whether they have a solvency problem ---how 3AC was levered long and whether they had poor risk management ---who will be hurt if 3AC goes under ---what would be the effect of 3AC and Celsius collapsing ---which types of funds that Mika will be eyeing to see if they also end up in a similar situation to 3AC and Celsius ---why Mika would counsel anyone who keeps their money with centralized crypto lenders to scrutinize their practices   Thank you to our sponsors!   [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>  Ava Labs: <a href= "https://www.avax.network/">https://avax.network</a>   EPISODE LINKS   Mika Honkasalo ---Twitter: <a href= "https://twitter.com/mhonkasalo">https://twitter.com/mhonkasalo</a> ---Substack: <a href= "https://mhonkasalo.substack.com/">https://mhonkasalo.substack.com/</a> ---Mika’s writings on The Block: <a href= "https://www.theblockcrypto.com/author/mika-honkasalo">https://www.theblockcrypto.com/author/mika-honkasalo</a>   Mika’s blog post on the stETH-ETH peg: <a href= "https://mhonkasalo.substack.com/p/stetheth-peg-not-a-peg-presents-a?s=r"> https://mhonkasalo.substack.com/p/stetheth-peg-not-a-peg-presents-a?s=r</a>   Celsius announcement that they would be withholding assets: <a href= "https://twitter.com/CelsiusNetwork/status/1536169010877739009?s=20&t=hL-ZsBSKZOLF-whTwNmjgw"> https://twitter.com/CelsiusNetwork/status/1536169010877739009?s=20&t=hL-ZsBSKZOLF-whTwNmjgw</a>   Nexo’s offer to buy Celsius assets:  <a href= "https://twitter.com/Nexo/status/1536256598993211393?s=20&t=vKmJCZGNToaOqZU-TEjcDg"> https://twitter.com/Nexo/status/1536256598993211393?s=20&t=vKmJCZGNToaOqZU-TEjcDg</a>   Celsisus’s investors unlikely to bail out company:  <a href= "https://www.wsj.com/articles/celsius-networks-investors-unlikely-to-provide-more-funds-to-bail-out-crypto-lender-11655395113"> https://www.wsj.com/articles/celsius-networks-investors-unlikely-to-provide-more-funds-to-bail-out-crypto-lender-11655395113</a>   Celsius hires restructuring lawyers:  <a href= "https://www.wsj.com/articles/crypto-lender-celsius-hires-restructuring-lawyers-after-account-freeze-11655250575?tpl=br"> https://www.wsj.com/articles/crypto-lender-celsius-hires-restructuring-lawyers-after-account-freeze-11655250575?tpl=br</a>   Why staked ETH is part of Celsius’s and 3AC’s woes:  <a href= "https://www.coindesk.com/markets/2022/06/14/staked-ether-becomes-focus-of-crypto-stress-from-celsius-to-three-arrows/"> https://www.coindesk.com/markets/2022/06/14/staked-ether-becomes-focus-of-crypto-stress-from-celsius-to-three-arrows/</a>    Conor Ryder on the stETH liquidity problem <a href= "https://twitter.com/ConorRyder/status/1537130483007508480?s=20&t=pZGZf17ed_DyOS18CHExmQ"> https://twitter.com/ConorRyder/status/1537130483007508480?s=20&t=pZGZf17ed_DyOS18CHExmQ</a>   The DeFi Edge on the 3AC situation: <a href= "https://twitter.com/thedefiedge/status/1537465349976694786?s=20&t=Q29mo3EKSASasTenHVEm4Q"> https://twitter.com/thedefiedge/status/1537465349976694786?s=20&t=Q29mo3EKSASasTenHVEm4Q</a>   Who else has exposure to 3AC:  <a href= "https://fortune.com/2022/06/16/crypto-crash-hedge-fund-three-arrows-capital-insolvency-rumors-novogratz/"> https://fortune.com/2022/06/16/crypto-crash-hedge-fund-three-arrows-capital-insolvency-rumors-novogratz/</a>    3AC withholding $1M in assets from 8 Blocks Capital:  <a href= "https://twitter.com/Danny8BC/status/1537224378554806272?s=20&t=Q29mo3EKSASasTenHVEm4Q"> https://twitter.com/Danny8BC/status/1537224378554806272?s=20&t=Q29mo3EKSASasTenHVEm4Q</a>   Meltem Demirors explains the problem from the balance sheet perspective: <a href= "https://twitter.com/Melt_Dem/status/1537155214897201153?s=20&t=Q29mo3EKSASasTenHVEm4Q"> https://twitter.com/Melt_Dem/status/1537155214897201153?s=20&t=Q29mo3EKSASasTenHVEm4Q</a>   Adam Levitin on Celsius bankruptcy <a href= "https://twitter.com/AdamLevitin/status/1536932912674836481?s=20&t=Q29mo3EKSASasTenHVEm4Q"> https://twitter.com/AdamLevitin/status/1536932912674836481?s=20&t=Q29mo3EKSASasTenHVEm4Q</a>   degentrading on Why Celsius and 3AC going under should cause you to worry <a href= "https://twitter.com/hodlKRYPTONITE/status/1536902115540742144?s=20&t=Q29mo3EKSASasTenHVEm4Q"> https://twitter.com/hodlKRYPTONITE/status/1536902115540742144?s=20&t=Q29mo3EKSASasTenHVEm4Q</a>   ... Read more

17 Jun 2022

37 MINS

37:10

17 Jun 2022


#374

The Legal and Regulatory Fallout From Terra's Collapse: Who Will Pay? - Ep. 363

Olta Andoni, deputy general counsel at Ava Labs, and Ari Redbord, head of legal and government affairs at TRM Labs, discuss the Terra stablecoin meltdown, implications for impending international regulations, and the history of stablecoin regulation internationally. Topics covered include: ---What the most important legal issues are for the Terra meltdown ---How the Terra implosion will trigger more regulation of the space ---How regulators seemed to think stablecoins should be regulated even before Terra ---How their approach differs between dollar-backed stablecoins vs. algorithmic vs. crypto collateral-backed coins ---How European regulators want stablecoin issuers to be treated like banks ---What the Lummis-Gillibrand bill would mean for US stablecoin regulation ---Whether Terra’s demise will mean that regulators won’t tolerate experimentation with algorithmic stablecoins  ---Why regulators will be skittish about stablecoins in response to Terra’s  meltdown ---Why Olta and Ari were impressed by the NY Department of Financial Services guidance on stablecoins ---What the establishment of SEC jurisdiction over Terraform Labs based on the Mirror investigation from last fall means for any enforcement action by the SEC over Terra  ---Whether Do Kwon and/or Terraform could face criminal charges in multiple jurisdictions ---Why international regulatory consistency is important in the crypto space ---Whether civil and class-action lawsuits against Terraform could be expected ---How Terra 2.0 could open TFL up to further action from regulators and law enforcement ---Why more education is needed to overcome anxiety about DeFi regulations ---How hack nondisclosures could be subject to government investigation   Thank you to our sponsors! [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>  Beefy Finance: <a href= "https://beefy.finance/">https://beefy.finance/</a>    Episode Links   Olta ---Avalanche --- ------<a href= "https://www.avax.network/">https://www.avax.network/</a> ---Ava Labs --- ------<a href= "https://www.avalabs.org/">https://www.avalabs.org/</a> ---LinkedIn --- ------<a href= "https://www.linkedin.com/in/oltaandoni/">https://www.linkedin.com/in/oltaandoni/</a> ---Twitter --- ------<a href= "https://twitter.com/AndoniOlta">https://twitter.com/AndoniOlta</a>   Ari ---TRM Labs Website:  --- ------<a href= "https://www.trmlabs.com/">https://www.trmlabs.com/</a> ---TRM Labs Twitter --- ------<a href= "https://twitter.com/trmlabs?s=20&t=m24Ir0OerqPgEejlhL-bdQ"> https://twitter.com/trmlabs?s=20&t=m24Ir0OerqPgEejlhL-bdQ</a> ---TRM Talks --- ------<a href= "https://www.trmlabs.com/category/trm-talks">https://www.trmlabs.com/category/trm-talks</a> ---LinkedIn --- ------<a href= "https://www.linkedin.com/in/ari-redbord-4054381b4/">https://www.linkedin.com/in/ari-redbord-4054381b4/</a> ---Twitter --- ------<a href= "https://twitter.com/ARedbord?s=20&t=m24Ir0OerqPgEejlhL-bdQ"> https://twitter.com/ARedbord?s=20&t=m24Ir0OerqPgEejlhL-bdQ</a>   Lummis-Gillibrand Bill ---Bill Introduction: <a href= "https://www.gillibrand.senate.gov/news/press/release/-lummis-gillibrand-introduce-landmark-legislation-to-create-regulatory-framework-for-digital-assets"> https://www.gillibrand.senate.gov/news/press/release/-lummis-gillibrand-introduce-landmark-legislation-to-create-regulatory-framework-for-digital-assets</a> ---Legal Memo from DLx Law: <a href= "https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf"> https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf</a> ---Lummis-Gillibrand Section by Section Overview (summary by bill authors): <a href= "https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf"> https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf</a> ---Responsible Financial Innovation Act (full text): <a href= "https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf"> https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf</a> ---Blog post intro (by Senator Kirsten Gillibrand): <a href= "https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c"> https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c</a>   FINMA ---FINMA: [https://www.finma.ch/en/] (https://www.finma.ch/en/) ---FINMA on Stablecoins: <a href= "https://www.finma.ch/en/news/2019/09/20190911-mm-stable-coins/"> https://www.finma.ch/en/news/2019/09/20190911-mm-stable-coins/</a> ---FINMA Publishes Stablecoin Guidance: <a href= "https://www.sif.admin.ch/sif/en/home/finanzmarktpolitik/digitalisation-financial-sector/stablecoins.html"> https://www.sif.admin.ch/sif/en/home/finanzmarktpolitik/digitalisation-financial-sector/stablecoins.html</a>   NY DFS ---Guidance on Stablecoin Issuance: <a href= "https://www.dfs.ny.gov/industry_guidance/industry_letters/il20220608_issuance_stablecoins"> https://www.dfs.ny.gov/industry_guidance/industry_letters/il20220608_issuance_stablecoins</a> ---Press Release: <a href= "https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202206081"> https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202206081</a> ---CNBC Coverage: <a href= "https://www.cnbc.com/2022/06/08/new-yorks-financial-watchdog-issues-stablecoin-guidance-calls-for-reserve-requirements.html"> https://www.cnbc.com/2022/06/08/new-yorks-financial-watchdog-issues-stablecoin-guidance-calls-for-reserve-requirements.html</a>   SEC Actions Against Terra ---SEC Investigating UST Stablecoin Blowup in Fresh Threat to Terra: <a href= "https://www.bloomberg.com/news/articles/2022-06-09/sec-investigating-ust-stablecoin-blowup-in-fresh-threat-to-terra"> https://www.bloomberg.com/news/articles/2022-06-09/sec-investigating-ust-stablecoin-blowup-in-fresh-threat-to-terra</a> ---Terraform Labs Loses US Appeal over SEC Subpoena: <a href= "https://finance.yahoo.com/news/terraform-labs-loses-us-appeal-150355500.html"> https://finance.yahoo.com/news/terraform-labs-loses-us-appeal-150355500.html</a>   Allegations against Do Kwon ---Seoul Police Probe Allegation of Embezzlement by Terraform Staff: <a href= "https://www.bloomberg.com/news/articles/2022-06-09/seoul-police-probe-allegation-of-embezzlement-by-terraform-staff"> https://www.bloomberg.com/news/articles/2022-06-09/seoul-police-probe-allegation-of-embezzlement-by-terraform-staff</a> ---South Korea Launches Investigation into Company Behind Luna Crypto Crash: <a href= "https://www.ft.com/content/a8319c03-3d49-4923-a51a-fc403dcce58a?list=intlhomepage"> https://www.ft.com/content/a8319c03-3d49-4923-a51a-fc403dcce58a?list=intlhomepage</a>   MICA ---Deloitte on MiCA Adoption: ​​<a href= "https://www2.deloitte.com/lu/en/pages/financial-services/articles/digital-finance-european-parliament-adopts-mica-regulation-innovation-friendly-crypto-regulation.html">https://www2.deloitte.com/lu/en/pages/financial-services/articles/digital-finance-european-parliament-adopts-mica-regulation-innovation-friendly-crypto-regulation.html</a> ---Europe’s Landmark Crypto Bill Passes Parliamentary Committee with Wide Majority: <a href= "https://www.theblockcrypto.com/linked/137720/europes-landmark-crypto-bill-passes-parliamentary-committee-with-wide-majority"> https://www.theblockcrypto.com/linked/137720/europes-landmark-crypto-bill-passes-parliamentary-committee-with-wide-majority</a>   Facebook Libra ---Facebook Libra: The Inside Story of How the Company’s Cryptocurrency Dream Died: <a href= "https://www.ft.com/content/a88fb591-72d5-4b6b-bb5d-223adfb893f3"> https://www.ft.com/content/a88fb591-72d5-4b6b-bb5d-223adfb893f3</a> ---Mark Zuckerberg’s Stablecoin Ambitions Unravel with Diem Sale Talks: <a href= "https://www.bloomberg.com/news/articles/2022-01-25/zuckerberg-s-stablecoin-ambitions-unravel-with-diem-sale-talks?sref=ExbtjcSG"> https://www.bloomberg.com/news/articles/2022-01-25/zuckerberg-s-stablecoin-ambitions-unravel-with-diem-sale-talks?sref=ExbtjcSG</a>   ... Read more

14 Jun 2022

1 HR 02 MINS

1:02:22

14 Jun 2022


#373

The Chopping Block: Why Solana’s Frequent Downtime Doesn't Bother Kyle Samani- Ep. 362

Welcome to The Chopping Block – in person at Consensus in Austin! Crypto insiders Haseeb Qureshi, Robert Leshner, and Tarun Chitra are joined by guest Kyle Samani of Multicoin Capital to chop it up about the latest news in the digital asset industry. Show topics: ---why Kyle believes people are too negative about the macro environment  ---how the only crypto product with product-market fit is parties ---what soulbound NFTs are, and what their pitfalls might be ---why Kyle and Robert have a beef between them ---why Kyle has a lot of run-ins with other people in crypto ---how Kyle thinks about Solana’s 12 instances of downtime over the last six months  ---how this has caused problems for SOL held in cold storage ---how Kyle and Robert think projects need to make tradeoffs between stability and adaptability ---why Kyle thinks every layer 1 and 2 will have a major failure over the next several years ---how Kyle thinks EVM chains are value-destructive ---how Tarun thinks zk L2s might be better aligned with the Ethereum ethos ---how Optimism’s market-making partner Wintermute was hacked for $20 million in OP ---why the hacker returned most of the money ---how programming language centralization makes sense ---how the Lummis-Gillibrand bill is a good opening salvo with respect to crypto regulation ---why they believe that being paid for staking is not the same as being paid a dividend ---how disclosure requirements could be onerous for small new projects ---how they think the crypto industry is moving up the learning curve for lobbying  ---why they believe the Lummis/Gillibrand bill will be changed to target stablecoins and DeFi more   EPISODE LINK   Hosts ---Haseeb Qureshi, managing partner at Dragonfly Capital --- ------<a href= "https://twitter.com/hosseeb">https://twitter.com/hosseeb</a> ---Robert Leshner, founder of Compound  --- ------<a href= "https://twitter.com/rleshner">https://twitter.com/rleshner</a>  ---Tarun Chitra, managing partner at Robot Ventures --- ------<a href= "https://twitter.com/tarunchitra">https://twitter.com/tarunchitra</a>   Guest ---Kyle Samani, cofounder and managing partner of Multicoin Capital --- ------<a href= "https://twitter.com/KyleSamani?s=20&t=DN1G0CNY7JR11OoXOAFD2g"> https://twitter.com/KyleSamani?s=20&t=DN1G0CNY7JR11OoXOAFD2g</a>   Show Topics ---Wintermute Compromise --- ------Optimism Foundation statement: <a href= "https://plaid-cement-e44.notion.site/A-Message-to-the-Community-from-the-Optimism-Foundation-f49b913bb0974d8a854a8bdd409a9dd6"> https://plaid-cement-e44.notion.site/A-Message-to-the-Community-from-the-Optimism-Foundation-f49b913bb0974d8a854a8bdd409a9dd6</a> ---Wintermute statement:  <a href= "https://gov.optimism.io/t/message-to-optimism-community-from-wintermute/2595"> https://gov.optimism.io/t/message-to-optimism-community-from-wintermute/2595</a> ---<a href= "https://www.coindesk.com/tech/2022/06/09/15m-of-optimism-tokens-stolen-by-an-attacker-after-wintermute-sent-wrong-wallet-address/#:~:text=Optimism%20is%20a%20permissionless%20network%20and%20behaved%20as%20intended.&text=Wintermute%2C%20for%20its%20part%2C%20says,make%20the%20protocol%20whole%20eventually.%E2%80%9D"> https://www.coindesk.com/tech/2022/06/09/15m-of-optimism-tokens-stolen-by-an-attacker-after-wintermute-sent-wrong-wallet-address/#:~:text=Optimism%20is%20a%20permissionless%20network%20and%20behaved%20as%20intended.&text=Wintermute%2C%20for%20its%20part%2C%20says,make%20the%20protocol%20whole%20eventually.%E2%80%9D</a> ---Osmosis Hack --- ------<a href= "https://www.theblockcrypto.com/post/150752/osmosis-dex-on-cosmos-exploited-for-5-million-as-validators-halt-the-network"> https://www.theblockcrypto.com/post/150752/osmosis-dex-on-cosmos-exploited-for-5-million-as-validators-halt-the-network</a> ------<a href= "https://twitter.com/stake_fire/status/1534598315441913856?s=20&t=VvGyUlOjGSlhXXUwZvKszw"> https://twitter.com/stake_fire/status/1534598315441913856?s=20&t=VvGyUlOjGSlhXXUwZvKszw</a> ---Litecoin Delisting --- ------<a href= "https://decrypt.co/102350/crypto-exchanges-delist-litecoin-privacy-feature-concerns"> https://decrypt.co/102350/crypto-exchanges-delist-litecoin-privacy-feature-concerns</a> ---Solana outage re: durable transactions (12 serious outages this year, about 2 a month) --- ------<a href= "https://www.theblockcrypto.com/linked/149698/solana-blockchain-suffers-new-network-outage"> https://www.theblockcrypto.com/linked/149698/solana-blockchain-suffers-new-network-outage</a> ------<a href= "https://solana.com/news/06-01-22-solana-mainnet-beta-outage-report-2"> https://solana.com/news/06-01-22-solana-mainnet-beta-outage-report-2</a> ------Unchained episode with Andre Cronje about Solana’s downtime: <a href= "https://unchainedpodcast.com/the-chopping-block-did-andre-cronje-pull-an-epic-crypto-rug-pull/"> https://unchainedpodcast.com/the-chopping-block-did-andre-cronje-pull-an-epic-crypto-rug-pull/</a>  ---Cynthia Lummis & Kirsten Gillibrand presents landmark crypto bill --- ------Coindesk Coverage:  <a href= "https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/"> https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/</a> ---Legal Memo from DLXLaw: <a href= "https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf"> https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf</a> ---Lummis-Gillibrand Section by Section Overview (summary by bill authors): <a href= "https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf"> https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf</a> ---Responsible Financial Innovation Act (full text): <a href= "https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf"> https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf</a> ---Blog post intro (by Senator Kirsten Gillibrand) : <a href= "https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c"> https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c</a> ---PoolTogether lawsuit and fundraising: --- ------<a href= "https://www.coindesk.com/business/2022/05/26/defis-pooltogether-crowdfunds-legal-defense-with-nft-collection/"> https://www.coindesk.com/business/2022/05/26/defis-pooltogether-crowdfunds-legal-defense-with-nft-collection/</a>  ... Read more

13 Jun 2022

1 HR 05 MINS

1:05:30

13 Jun 2022


#372

The Lummis/Gillibrand Crypto Bill: Is the 'Ancillary Token' Approach the Best Way? - Ep. 361

Lewis Cohen, lead attorney at DLx Law LLC, joins to discuss the recently proposed Lummis-Gillibrand bill, the Responsible Financial Innovation Act, which he helped shape. In this episode, we cover:  ---how Lewis was impressed by Gillibrand’s and Lummis’s offices’ hard work and bipartisanship   ---how the bill creates a new definition for an “ancillary asset” with split oversight responsibilities between the CFTC and the SEC  ---how the bill proposes a test of managerial centralization as a determinant of disclosure requirements for digital assets  ---his response to criticism that the ancillary token approach is more complicated than need be and gives too much power to the SEC  ---why the bill didn't adopt an approach more similar to something like SEC Commissioner Hester Peirce’s token safe harbor proposal  ---how Lewis would respond to SEC Chair Gary Gensler’s contention that the vast majority of digital assets are securities  ---how Cohen is concerned about legislation or regulation impinging on basic freedoms to transact by over-applying securities regulation ---what kind of SEC disclosures will be required for “ancillary assets” and the requirements for projects to be able to cease mandatory disclosure ---how the bill defines stablecoins ---whether the requirement for stablecoins to maintain reserves means the end of algorithmic stablecoins or whether they will just be called something else ---how the bill handles DAOs and how legislation in this area must be delicate ---why Lewis believes the proposal is a “bright spot” for thoughtful US legislation and bipartisanship ---why he doesn’t see the bill being adopted in the current Congress  Thank you to our sponsors! ---Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021  ---Ava Labs: https://avax.network     EPISODE LINKS    Lewis Cohen  ---DLx Law LLC: <a href= "https://dlxlaw.com/">https://dlxlaw.com/</a> ---Twitter: <a href= "https://twitter.com/NYcryptolawyer">https://twitter.com/NYcryptolawyer</a>  ---LinkedIn: <a href= "https://www.linkedin.com/in/lewis-cohen-a3211410/">https://www.linkedin.com/in/lewis-cohen-a3211410/</a>   Lummis-Gillibrand Proposal (Responsible Financial Innovation Act)  ---Legal Memo from DLXLaw : <a href= "https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf"> https://dlxlaw.com/wp-content/uploads/2022/06/DLX_FSV-summary_RFIA_060722.pdf</a> ---Lummis-Gillibrand Section by Section Overview (summary by bill authors): <a href= "https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf"> https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf</a> ---Responsible Financial Innovation Act (full text): <a href= "https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf"> https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf</a> ---Blog post intro (by Senator Kirsten Gillibrand) : <a href= "https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c"> https://gillibrandny.medium.com/the-responsible-financial-innovation-act-218a764abd6c</a> Commentary: ---CoinDesk recap: <a href= "https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/"> https://www.coindesk.com/policy/2022/06/07/key-us-senators-introduce-bill-outlining-sweeping-plan-for-future-crypto-rules/</a> ---Fortune on what the bill means for algo stablecoins: <a href= "https://fortune.com/2022/06/08/algorithmic-stablecoins-terra-luna-crypto-regulation-senate-bill-lummis-gillibrand/"> https://fortune.com/2022/06/08/algorithmic-stablecoins-terra-luna-crypto-regulation-senate-bill-lummis-gillibrand/</a> ---JW Verret's critique: <a href= "https://twitter.com/JWVerret/status/1534165678831325191?s=20&t=nIWYdZKJzXsr-SVK7F_W9w"> https://twitter.com/JWVerret/status/1534165678831325191?s=20&t=nIWYdZKJzXsr-SVK7F_W9w</a> ... Read more

10 Jun 2022

38 MINS

38:20

10 Jun 2022


#371

How Soulbound Tokens Could Reduce Speculation and Improve DAO Voting - Ep. 360

Glen Weyl, RadicalxChange Foundation founder and political economist & social technologist at Microsoft Special Projects, and Puja Ohlhaver, strategist at Flashbots, discuss “soulbound tokens” and their implications for collaboration and social organization in a variety of spaces. Topics covered include: ---how Glen got involved in crypto, wrote a book, and came to co-write a paper with Vitalik Buterin  ---how Puja studied economics and got in touch with Glen in pursuit of a middle ground between left and right politics ---what soulbound NFTs are and how they work ---how Vitalik’s paper articulated how the concept of the soulbound token could advance decentralized collaboration in web3 ---how decentralized reputation can enable larger networks of coordination ---how identity can be understood through the lens of community participation ---how the name ‘soulbound token’ came about ---how these tokens could provide a technology for those who value scarcity but disdain speculation ---how identity-dedicated tokens could work on a technical level (including recovery) ---what is DeSoc and why is it important? ---how non-transferable tokens can improve DAO organization, including resolving issues with quadratic funding ---how identity-locked tokens can be protected from bots and AI abuse ---how these tokens could support community privacy and responsible information disclosure   Thank you to our sponsors! [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>  Beefy Finance: <a href= "https://beefy.finance/">https://beefy.finance/</a>    Related Reading ---Decentralized Society: Finding Web3’s Soul (Weyl, Ohlhaver, and Buterin; 2022) --- ------<a href= "https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4105763"> https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4105763</a>  ---Georg Simmel, German neo-Kantian who laid groundwork for antipositivism --- ------<a href= "https://en.wikipedia.org/wiki/Georg_Simmel">https://en.wikipedia.org/wiki/Georg_Simmel</a>  ---How Blockchains Can Help Create Little Democracies Everywhere --- ------<a href= "https://unchainedpodcast.com/how-blockchains-can-help-create-little-democracies-everywhere/"> https://unchainedpodcast.com/how-blockchains-can-help-create-little-democracies-everywhere/</a>    Soulbound Tokens ---Vitalik on Soulbound tokens --- ------<a href= "https://vitalik.ca/general/2022/01/26/soulbound.html">https://vitalik.ca/general/2022/01/26/soulbound.html</a> ---TL;DR written by Glen --- ------<a href= "https://www.coindesk.com/layer2/2022/05/11/after-defi-desoc-finding-web-3s-soul/"> https://www.coindesk.com/layer2/2022/05/11/after-defi-desoc-finding-web-3s-soul/</a> ---Other write-ups --- ------<a href= "https://nftnow.com/guides/soulbound-tokens-sbts-meet-the-tokens-that-may-change-your-life/"> https://nftnow.com/guides/soulbound-tokens-sbts-meet-the-tokens-that-may-change-your-life/</a> ------<a href= "https://www.radicalxchange.org/concepts/soulbound-tokens/"> https://www.radicalxchange.org/concepts/soulbound-tokens/</a> ------<a href= "https://fortune.com/2022/05/26/what-are-soulbound-tokens-web3-buterin/"> https://fortune.com/2022/05/26/what-are-soulbound-tokens-web3-buterin/</a> ------<a href= "https://thedefiant.io/vitalik-soulbound-tokens/">https://thedefiant.io/vitalik-soulbound-tokens/</a>   Projects Mentioned ---<a href= "https://ceramic.network/">Ceramic</a> --- ------<a href= "https://ceramic.network/">https://ceramic.network/</a>  ---<a href= "https://www.w3.org/TR/vc-data-model/#abstract">Verifiable Credentials Data Model</a> (w3) --- ------<a href= "https://www.w3.org/TR/vc-data-model/#abstract">https://www.w3.org/TR/vc-data-model/#abstract</a>  ---<a href= "https://optimism.io/">Optimism</a> --- ------<a href= "https://optimism.io/">https://optimism.io/</a>  ---<a href= "https://gitcoin.co/">Gitcoin</a> --- ------<a href= "https://gitcoin.co/">https://gitcoin.co/</a>  Glen Weyl ---<a href= "https://glenweyl.com/">Personal Website</a> --- ------<a href= "https://glenweyl.com/">https://glenweyl.com/</a>  ---<a href= "https://twitter.com/glenweyl/">Twitter</a> (@glenweyl) --- ------<a href= "https://twitter.com/glenweyl/">https://twitter.com/glenweyl/</a>    Puja Ohlhaver ---<a href= "https://www.linkedin.com/in/puja-ohlhaver-b44b878">LinkedIn</a> --- ------<a href= "https://www.linkedin.com/in/puja-ohlhaver-b44b878">https://www.linkedin.com/in/puja-ohlhaver-b44b878</a>  ---<a href= "https://mobile.twitter.com/pujaohlhaver">Twitter</a> --- ------<a href= "https://mobile.twitter.com/pujaohlhaver">https://mobile.twitter.com/pujaohlhaver</a>  ... Read more

07 Jun 2022

56 MINS

56:18

07 Jun 2022


#370

The Department of Justice Goes After Its First NFT Insider Trading Case - Ep 359

Jason Gottlieb, a crypto attorney and partner at Morrison Cohen, discusses the insider trading case being built by the US Department of Justice against former OpenSea employee Nathaniel Chastain. Show topics: ---why Nathaniel is being charged with wire fraud and money laundering instead of insider trading ---what makes NFT insider trading different from usual insider trading indictments ---why an employee’s “duty of confidentiality” can be important when building an insider trading case ---whether the money laundering charge makes sense  ---whether moving money between self-custodied wallets constitutes money laundering ---why Jason does not think this particular case will have widespread implications for the NFT and crypto space ---Jason’s advice for employees at crypto exchanges and companies who may be tempted to trade on private information ---what happens next in the Chastain case ---why the potential sentences are so long – 20 years for each charge ---how likely it is that Chastain has to serve jail time   Thank you to our sponsors! [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>  Ava Labs: <a href= "https://avax.network/">https://avax.network</a>    Episode Links   Jason Gottlieb ---Website: <a href= "https://www.morrisoncohen.com/jgottlieb">https://www.morrisoncohen.com/jgottlieb</a> ---Twitter: <a href= "https://twitter.com/ohaiom">https://twitter.com/ohaiom</a>    Department of Justice Press Release ---<a href= "https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme"> https://www.justice.gov/usao-sdny/pr/former-employee-nft-marketplace-charged-first-ever-digital-asset-insider-trading-scheme</a>    Nathaniel Chastain ---Arrest --- ------<a href= "https://www.coindesk.com/policy/2022/06/01/us-charges-ex-opensea-exec-with-nft-insider-trading/"> https://www.coindesk.com/policy/2022/06/01/us-charges-ex-opensea-exec-with-nft-insider-trading/</a> ------<a href= "https://www.theblockcrypto.com/linked/149685/former-head-of-product-for-opensea-indicted-after-insider-trading-scandal"> https://www.theblockcrypto.com/linked/149685/former-head-of-product-for-opensea-indicted-after-insider-trading-scandal</a> ---Resignation --- ------<a href= "https://www.coindesk.com/business/2021/09/16/opensea-exec-accused-of-insider-trading-leaves-company/"> https://www.coindesk.com/business/2021/09/16/opensea-exec-accused-of-insider-trading-leaves-company/</a> ---Insider trading allegations --- ------<a href= "https://www.coindesk.com/business/2021/09/15/insider-trading-allegations-rock-opensea-nft-marketplace-responds/"> https://www.coindesk.com/business/2021/09/15/insider-trading-allegations-rock-opensea-nft-marketplace-responds/</a> ---Twitter --- ------<a href= "https://twitter.com/natechastain">https://twitter.com/natechastain</a>    Insider Trading and Crypto ---<a href= "https://www.morrisoncohen.com/siteFiles/files/Insider%20Trading%20and%20Cryptocurrency%20-%20A%20Primer%20for%20Traders.pdf"> https://www.morrisoncohen.com/siteFiles/files/Insider%20Trading%20and%20Cryptocurrency%20-%20A%20Primer%20for%20Traders.pdf</a> ---<a href= "https://papers.ssrn.com/sol3/papers.cfm?abstract_id=132529"> https://papers.ssrn.com/sol3/papers.cfm?abstract_id=132529</a>   Taylor Monahan Recap of the Case ---<a href= "https://twitter.com/tayvano_/status/1532085029857284101"> https://twitter.com/tayvano_/status/1532085029857284101</a>  ... Read more

03 Jun 2022

39 MINS

39:37

03 Jun 2022


#369

The Chopping Block: Does the New Terra Have Any Chance? - Ep. 358

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. Since Robert Leshner couldn’t make it, Laura also decided to hop on the show too! Show topics: ---how Terra is trying to rebuild ---what its value proposition is ---why Laura is surprised at how fast Do Kwon began shitposting again ---how teams affected by the Terra collapse, like Delphi Digital and Mars Protocol, are responding ---how its implosion will affect Cosmos ---why Tarun thinks Osmosis’ purchase of Keplr was the “best” purchase in crypto history ---whether the collapse of UST could help Cosmos in the long run ---what the legal implications of UST’s depeg will be ---whether Terra was a fraud like Theranos ---why Tarun thinks that investors should be sued for getting clients involved in Terra ---why Tarun thinks regulators are against 24-hour trading ---why Tarun thinks Matt Levine is a “boomer” ---what FTX’s chances are in getting approval from the CFTC to be the engine for 24-hour derivatives trading ---why NFTs are denominated in ETH/SOL instead of fiat ---why Tom doesn’t think airdrops matter ---what went wrong with the OP token drop   Hosts   ---Haseeb Qureshi, managing partner at Dragonfly Capital --- ------<a href= "https://twitter.com/hosseeb">https://twitter.com/hosseeb</a> ---Tom Schmidt, general partner at Dragonfly Capital --- ------<a href= "https://twitter.com/tomhschmidt">https://twitter.com/tomhschmidt</a> ---Tarun Chitra, managing partner at Robot Ventures --- ------<a href= "https://twitter.com/tarunchitra">https://twitter.com/tarunchitra</a>    Guest ---Laura Shin, host of Unchained --- ------<a href= "https://twitter.com/laurashin">https://twitter.com/laurashin</a>    Show Topics ---Terra revival plan --- ------<a href= "https://www.protocol.com/bulletins/terra-blockchain-restart-approved"> https://www.protocol.com/bulletins/terra-blockchain-restart-approved</a>  ---LUNA 2.0 --- ------<a href= "https://fortune.com/2022/05/30/do-kwon-luna-2-airdrop-plunges/"> https://fortune.com/2022/05/30/do-kwon-luna-2-airdrop-plunges/</a>   ---LUNA airdrop calculation issues:  --- ------<a href= "https://twitter.com/terra_money/status/1531410663674888192"> https://twitter.com/terra_money/status/1531410663674888192</a>  ------<a href= "https://agora.terra.money/t/terra-ecosystem-revival-plan-2-passed-gov/18498"> https://agora.terra.money/t/terra-ecosystem-revival-plan-2-passed-gov/18498</a>  ---Delphi Digital --- ------<a href= "https://www.theblockcrypto.com/post/147755/delphi-digital-admits-we-were-wrong-on-terra-stablecoin-risks"> https://www.theblockcrypto.com/post/147755/delphi-digital-admits-we-were-wrong-on-terra-stablecoin-risks</a>  ---Luna Classic --- ------<a href= "https://www.theblockcrypto.com/post/149361/mirror-protocol-suffers-new-exploit-and-could-be-drained-in-hours"> https://www.theblockcrypto.com/post/149361/mirror-protocol-suffers-new-exploit-and-could-be-drained-in-hours</a>  ------<a href= "https://www.theblockcrypto.com/post/149342/a-90-million-defi-exploit-on-terra-went-unnoticed-for-seven-months"> https://www.theblockcrypto.com/post/149342/a-90-million-defi-exploit-on-terra-went-unnoticed-for-seven-months</a>  ---Korean prosecutors are looking to crackdown on Terra --- ------<a href= "https://www.theblockcrypto.com/post/149309/terraform-labs-employees-summoned-korea-prosecutors-ust-luna"> https://www.theblockcrypto.com/post/149309/terraform-labs-employees-summoned-korea-prosecutors-ust-luna</a>  ---Adam Neumann crypto project --- ------​​<a href= "https://www.vox.com/recode/23142106/adam-neumann-crypto-carbon-credit-offset-flowcarbon">https://www.vox.com/recode/23142106/adam-neumann-crypto-carbon-credit-offset-flowcarbon</a>  ---FTX and CFTC and CME --- ------<a href= "https://twitter.com/aguye_/status/1529547230318718976"> https://twitter.com/aguye_/status/1529547230318718976</a>  ------​​<a href= "https://www.theblockcrypto.com/linked/143792/as-it-weighs-ftx-proposal-cftc-announces-a-roundtable-on-disintermediation">https://www.theblockcrypto.com/linked/143792/as-it-weighs-ftx-proposal-cftc-announces-a-roundtable-on-disintermediation</a>  ------<a href= "https://www.theblockcrypto.com/post/148786/cftc-roundtable-on-ftx-proposal-highlights-barriers-in-clearing-of-digital-vs-physical-assets"> https://www.theblockcrypto.com/post/148786/cftc-roundtable-on-ftx-proposal-highlights-barriers-in-clearing-of-digital-vs-physical-assets</a>  ---Farmers vs FTX --- ------<a href= "https://twitter.com/fintechfrank/status/1531605653269188608"> https://twitter.com/fintechfrank/status/1531605653269188608</a>  ---CME word salad --- ------<a href= "https://twitter.com/fintechfrank/status/1524811596421382144"> https://twitter.com/fintechfrank/status/1524811596421382144</a>  ---Optimism Airdrop --- ------<a href= "https://twitter.com/epolynya/status/1531719021833334784?s=21&t=MoImAkB4p8qwOV3p63sSnw"> https://twitter.com/epolynya/status/1531719021833334784?s=21&t=MoImAkB4p8qwOV3p63sSnw</a> ------<a href= "https://dune.com/hildobby/op-airdrop">https://dune.com/hildobby/op-airdrop</a>    Unchained Coverage on Optimism ---<a href= "https://unchainedpodcast.com/will-optimisms-op-token-draw-people-back-to-layer-2s-on-ethereum/"> https://unchainedpodcast.com/will-optimisms-op-token-draw-people-back-to-layer-2s-on-ethereum/</a>    Unchained Coverage on Osmosis and Keplr ---<a href= "https://unchainedpodcast.com/how-osmosis-is-trying-to-improve-the-crypto-user-experience/"> https://unchainedpodcast.com/how-osmosis-is-trying-to-improve-the-crypto-user-experience/</a>    Unchained Coverage on FTX x CFTC ---<a href= "https://unchainedpodcast.com/ftx-wants-to-compete-with-cme-heres-why-its-a-big-deal/"> https://unchainedpodcast.com/ftx-wants-to-compete-with-cme-heres-why-its-a-big-deal/</a> ---    Previous Unchained Terra Coverage   ---Kevin Zhou on the UST depeg --- ------<a href= "https://unchainedpodcast.com/the-chopping-block-kevin-zhou-on-why-he-knew-terra-would-crash/"> https://unchainedpodcast.com/the-chopping-block-kevin-zhou-on-why-he-knew-terra-would-crash/</a>  ---Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST --- ------<a href= "https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/"> https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/</a>  ---Do Kwon on backing UST with BTC --- ------​​<a href= "https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/">https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/</a> ---Kevin Zhou on the risk of UST’s death spiral --- ------<a href= "https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/"> https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/</a>  ---Jon Wu on how Terra got depegged: --- ------<a href= "https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/"> https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/</a> ---Do Kwon on The Chopping Block --- ------<a href= "https://www.youtube.com/watch?v=0xl8u7-KVwM">https://www.youtube.com/watch?v=0xl8u7-KVwM</a>    Haseeb’s summary of the Terra collapse: ---<a href= "https://medium.com/dragonfly-research/the-reign-of-terra-the-rise-and-fall-of-ust-208dabbc8e6e"> https://medium.com/dragonfly-research/the-reign-of-terra-the-rise-and-fall-of-ust-208dabbc8e6e</a>   Tarun’s thoughts on algorithmic stablecoins ---<a href= "https://twitter.com/Unchained_pod/status/1512465290910736391"> https://twitter.com/Unchained_pod/status/1512465290910736391</a>  ... Read more

02 Jun 2022

1 HR 00 MINS

1:00:58

02 Jun 2022


#368

How Osmosis Is Trying to Improve the Crypto User Experience - Ep.357

Sunny Aggarwal, co-founder of Osmosis Labs, talks about how Osmosis is being built, the innovations that are coming, the reasons to use app chains, and much more. Show highlights: ---how Sunny got into crypto  ---how the DAO hack turned him off Ethereum at first  ---how the scaling issues with Ethereum got him interested in the Cosmos vision of app-chains ---why he is interested in Proof of Stake ---what the vision of Cosmos is ---how Sunny compares the evolution of blockchains with human evolution ---why he thinks that Cosmos integrates the best of Bitcoin and Ethereum networks ---why he thinks that having more than one Proof of Work chain is fundamentally insecure ---which three technologies are necessary for Cosmos to succeed ---what IBC and the Cosmos SDK do ---why Sunny decided to build Osmosis  ---how automated market makers are massively underexplored ---why UX is such a priority for the Osmosis team ---why Sunny does not want to list the OSMO token on other exchanges ---why Osmosis has a curated dex as well as a permissionless one ---how Osmosis governance works  ---how security is provided on Osmosis ---what superfluid staking is ---how CosmWasm helps Osmosis compete with centralized exchanges ---how Osmosis is solving frontrunning with threshold encryption ---why the Osmosis team chose Axelar for bridging ---whether Yuga Labs could have used an app chain    Thank you to our sponsors! Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a> Beefy Finance: <a href= "https://beefy.finance/">https://beefy.finance/</a>   EPISODE LINKS Sunny Aggarwal ---Twitter: <a href= "https://twitter.com/sunnya97?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor"> https://twitter.com/sunnya97</a> ---LinkedIn: <a href= "https://www.linkedin.com/in/sunnya97/">https://www.linkedin.com/in/sunnya97/</a>   COSMOS ---What is Cosmos: <a href= "https://v1.cosmos.network/intro">https://v1.cosmos.network/intro</a> ---Cosmos whitepaper: <a href= "https://v1.cosmos.network/resources/whitepaper">https://v1.cosmos.network/resources/whitepaper</a> ---CosmWasm: <a href= "https://cosmwasm.com/">https://cosmwasm.com/</a> ---Cosmos IBC: <a href= "https://www.coinbase.com/es/cloud/discover/dev-foundations/ibc-protocol#:~:text=The%20Cosmos%20ecosystem%20has%20a,protocol%20(IBC)%20was%20created"> https://www.coinbase.com/es/cloud/discover/dev-foundations/ibc-protocol#:~:text=The%20Cosmos%20ecosystem%20has%20a,protocol%20(IBC)%20was%20created</a>. ---Cosmos SDK: <a href= "https://v1.cosmos.network/sdk">https://v1.cosmos.network/sdk</a> OSMOSIS  ---Twitter: <a href= "https://twitter.com/OsmosisZone">https://twitter.com/OsmosisZone</a> ---Website: <a href= "https://osmosis.zone/">https://osmosis.zone/</a> ---Superfluid staking: <a href= "https://medium.com/osmosis/osmosis-superfluid-staking-launch-feb-28-45f8e43064af"> https://medium.com/osmosis/osmosis-superfluid-staking-launch-feb-28-45f8e43064af</a> ---Osmosis Vision: <a href= "https://medium.com/osmosis/vision-for-osmosis-e68e796ff1c2"> https://medium.com/osmosis/vision-for-osmosis-e68e796ff1c2</a> ---Threshold Encryption: <a href= "https://medium.com/zero-knowledge-validator/privacy-in-cosmos-defi-edition-event-summary-8cafda021aa6#:~:text=Threshold%20encryption%2C%20applied%20by%20Osmosis,of%20votes%20required%20for%20consensus"> https://medium.com/zero-knowledge-validator/privacy-in-cosmos-defi-edition-event-summary-8cafda021aa6#:~:text=Threshold%20encryption%2C%20applied%20by%20Osmosis,of%20votes%20required%20for%20consensus</a>. ---Osmosis Governance: <a href= "https://docs.osmosis.zone/overview/governance.html">https://docs.osmosis.zone/overview/governance.html</a>   ... Read more

31 May 2022

1 HR 09 MINS

1:09:19

31 May 2022


#367

Hester Peirce's Former Counsel on Terra 2.0, XRP and a Bitcoin Spot ETF - Ep.356

Coy Garrison, former counsel to SEC Commissioner Hester Pierce and partner at Steptoe & Johnson, discusses the role of regulation in the crypto industry and what the SEC could be doing to make crypto a better space. Show notes: ---how Coy started working with crypto ---why Coy decided to leave the SEC ---why recent comments by SEC chair Gary Gensler made him hopeful in how the SEC approaches crypto ---how the crypto industry has grown and evolved over the years ---whether the regulations are impeding innovation in the crypto space ---how stablecoins should be regulated ---what Coy thinks about the UST collapse ---what is the SEC’s take on decentralization ---whether ETH is centralized and whether it is a commodity  ---why the SEC has not approved a BTC spot ETF   Thank you to our sponsors! [Crypto.com] (http://crypto.com/) : <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>    Coinchange: <a href= "https://coinchange.io/">https://coinchange.io</a>  Ava Labs: <a href= "https://avax.network/">https://avax.network</a> The Graph: <a href= "https://thegraph.com/graph-day/2022/">https://thegraph.com/graph-day</a>   EPISODE LINKS Coy Garrison ---Linkedin: <a href= "https://www.linkedin.com/in/coygarrison/">https://www.linkedin.com/in/coygarrison/</a>   Steptoe & Johnson: [https://www.steptoe.com/en/] (https://www.steptoe.com/en/)   Previous coverage of Unchained on regulation: ---Why the SEC’s Proposed Rules Affecting DeFi Could Violate the First Amendment: <a href= "https://unchainedpodcast.com/why-the-secs-proposed-rules-affecting-defi-could-violate-the-first-amendment/"> https://unchainedpodcast.com/why-the-secs-proposed-rules-affecting-defi-could-violate-the-first-amendment/</a> ---Why Crypto Twitter’s Disrespect Toward Regulators Is a ‘Really Bad Business Decision’: <a href= "https://unchainedpodcast.com/why-crypto-twitters-disrespect-toward-regulators-is-a-really-bad-business-decision/"> https://unchainedpodcast.com/why-crypto-twitters-disrespect-toward-regulators-is-a-really-bad-business-decision/</a> ---Can a DeF Smart Contract Be Regulated? Two CFTC Commissioners Discuss: <a href= "https://unchainedpodcast.com/can-a-defi-smart-contract-be-regulated-two-cftc-commissioners-discuss/"> https://unchainedpodcast.com/can-a-defi-smart-contract-be-regulated-two-cftc-commissioners-discuss/</a> Terra/Luna:  ---Why Terra Collapsed and Whether an Algo Stablecoin Can Ever Succeed: <a href= "https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/"> https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/</a> ---Did Someone Deliberately Attack Terra/Luna to Kick off a Death Spiral?: <a href= "https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/"> https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/</a> ---The Chopping Block: Kevin Zhou on Why He Knew Terra Would Crash: <a href= "https://unchainedpodcast.com/the-chopping-block-kevin-zhou-on-why-he-knew-terra-would-crash/"> https://unchainedpodcast.com/the-chopping-block-kevin-zhou-on-why-he-knew-terra-would-crash/</a> ---The 5 Biggest Lessons From Terra/Luna’s Collapse, According to Tascha Che:  <a href= "https://unchainedpodcast.com/the-5-biggest-lessons-from-terra-lunas-collapse-according-to-tascha-che/"> https://unchainedpodcast.com/the-5-biggest-lessons-from-terra-lunas-collapse-according-to-tascha-che/</a> ---Here’s Why USDN De-Pegged From the Dollar – And Why UST Might Too: <a href= "https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/"> https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/</a>   Bitcoin Futures ETF vs Spot ETF: ---<a href= "https://medium.com/@laurashin/why-investment-experts-say-a-spot-bitcoin-etf-would-be-superior-to-bitcoin-futures-etfs-aaab862262ff"> https://medium.com/@laurashin/why-investment-experts-say-a-spot-bitcoin-etf-would-be-superior-to-bitcoin-futures-etfs-aaab862262ff</a>   ... Read more

27 May 2022

36 MINS

36:40

27 May 2022


#366

Cobie and Chris Burniske on How to Navigate a Crypto Bear Market - Ep.355

Cobie, co-founder of Lido and UpOnlyTv, and Chris Burniske, partner at Placeholder Ventures, talk about surviving a crypto bear market, the Terra collapse, lessons they’ve learned from their mistakes, and much more. Show highlights: ---whether Chris and Cobie think crypto is in a bear market ---why Chris says these are the times to buy ---what effect the Terra debacle will have on the crypto industry ---why Chris was expecting UST to blow up ---why Chris thinks there is going to be another massive liquidation event ---whether an algo stablecoin could work ---why bear markets are sometimes a good thing ---how USDT was stress tested and proved its resilience ---how macro is affecting the crypto space and what the role of the Fed is ---when will we see the bottom of this bear market ---how meme coins are the symptoms of a broken system ---why this crypto cycle is different ---whether regulations are helping VCs rather than the retail investors ---why risky assets are the ones that could increase 10,000x  ---whether the future of crypto is multichain or not ---how developers signal what ecosystem is going to win in the next expansion cycle ---whether Cobie thinks staking is dying ---how Chris judges market bottoms and tops ---what lessons Cobie and Chris have learned from their mistakes ---what innovations will catalyze the next bull cycle ---what needs to happen in the future for crypto to succeed Thank you to our sponsors!   Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a> Cross River Bank: [https://crossriver.com/crypto] (https://crossriver.com/crypto) Beefy Finance: <a href= "https://beefy.finance/">https://beefy.finance</a>     Episode Links   Cobie ---Twitter: <a href= "https://twitter.com/cobie">https://twitter.com/cobie</a>  ---UpOnlyTv: <a href= "https://uponly.tv/">https://uponly.tv/</a> ---Substack: <a href= "https://cobie.substack.com/">https://cobie.substack.com/</a> --- ------L1 trading: <a href= "https://cobie.substack.com/p/trading-the-metagame?s=r"> https://cobie.substack.com/p/trading-the-metagame?s=r</a> ------Death of staking: <a href= "https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r"> https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r</a> ------Token unlocks: <a href= "https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r"> https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r</a> ---Cycle Tweets: --- ------Why “the next cycle” reasoning scares him ------ ---------<a href= "https://twitter.com/cobie/status/1524965475813568512">https://twitter.com/cobie/status/1524965475813568512</a> ------What projects will survive the bear ------ ---------<a href= "https://twitter.com/cobie/status/1469253171885318146">https://twitter.com/cobie/status/1469253171885318146</a> ------His call to “buy” on March 12 2020 ------ ---------<a href= "https://twitter.com/cobie/status/1238282793244860417">https://twitter.com/cobie/status/1238282793244860417</a> ------Which VCs will win ------ ---------<a href= "https://twitter.com/cobie/status/1515667977118826500">https://twitter.com/cobie/status/1515667977118826500</a>    Chris Burniske ---LinkedIn --- ------<a href= "https://www.linkedin.com/in/burniske/">https://www.linkedin.com/in/burniske/</a> ---Twitter --- ------<a href= "https://twitter.com/cburniske">https://twitter.com/cburniske</a> ---Previous Unchained episode --- ------<a href= "https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/"> https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/</a> ------<a href= "https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/"> https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/</a> ------<a href= "https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/"> https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/</a> ------<a href= "https://unchainedpodcast.com/how-to-value-a-crypto-asset/"> https://unchainedpodcast.com/how-to-value-a-crypto-asset/</a> ---Cycle Tweets --- ------Feb 2022 bear call ------ ---------<a href= "https://twitter.com/cburniske/status/1495468570708426754"> https://twitter.com/cburniske/status/1495468570708426754</a> ------March 2022 bear call ------ ---------<a href= "https://twitter.com/cburniske/status/1523021991619428352"> https://twitter.com/cburniske/status/1523021991619428352</a>  ------November 2021 top call ------ ---------<a href= "https://twitter.com/cburniske/status/1457884538806308868"> https://twitter.com/cburniske/status/1457884538806308868</a>  ------DCA advice ------ ---------<a href= "https://twitter.com/cburniske/status/1525906152881459200"> https://twitter.com/cburniske/status/1525906152881459200</a> ---------<a href= "https://twitter.com/cburniske/status/1500593438433021952"> https://twitter.com/cburniske/status/1500593438433021952</a>  ------What could knock the market further down ------ ---------<a href= "https://twitter.com/cburniske/status/1525157945079496705"> https://twitter.com/cburniske/status/1525157945079496705</a> ---------<a href= "https://twitter.com/cburniske/status/1524260987787902978"> https://twitter.com/cburniske/status/1524260987787902978</a>  ------2017 ATH calls ------ ---------<a href= "https://twitter.com/cburniske/status/1524838447784947712"> https://twitter.com/cburniske/status/1524838447784947712</a> ---------<a href= "https://twitter.com/cburniske/status/1524524188366635008"> https://twitter.com/cburniske/status/1524524188366635008</a>  ------Trying to time the bottom ------ ---------<a href= "https://twitter.com/cburniske/status/1523573129431240710"> https://twitter.com/cburniske/status/1523573129431240710</a>  Chris x Cobie ---Luna --- ------<a href= "https://twitter.com/cburniske/status/1524280637431164929"> https://twitter.com/cburniske/status/1524280637431164929</a>  ---Feeling sorry for people who have lost $ --- ------<a href= "https://twitter.com/cburniske/status/1524267901456248832"> https://twitter.com/cburniske/status/1524267901456248832</a>   Bear Market Content ---Dragonfly --- ------<a href= "https://medium.com/dragonfly-research/to-all-dragonfly-founders-and-friends-1a65e68093d4"> https://medium.com/dragonfly-research/to-all-dragonfly-founders-and-friends-1a65e68093d4</a> ---Sequoia advice --- ------​​<a href= "https://twitter.com/michellebailhe/status/1526373376142348288">https://twitter.com/michellebailhe/status/1526373376142348288</a>  ---Arthur Hayes --- ------buying BTC at $20K in wake of Terra ------ ---------<a href= "https://entrepreneurshandbook.co/luna-brothers-inc-712ec5abe199"> https://entrepreneurshandbook.co/luna-brothers-inc-712ec5abe199</a> ------Financial comeuppance ------ ---------<a href= "https://cryptohayes.medium.com/annihilation-4effdaf3c73f"> https://cryptohayes.medium.com/annihilation-4effdaf3c73f</a> ---Paradigm (surviving crypto cycles) --- ------<a href= "https://www.paradigm.xyz/2021/03/surviving-crypto-cycles"> https://www.paradigm.xyz/2021/03/surviving-crypto-cycles</a> ---Zhu Su on being a better role model for retail --- ------<a href= "https://twitter.com/zhusu/status/1525045033216397312">https://twitter.com/zhusu/status/1525045033216397312</a> ---Nick Tomaino on stopping relentless shilling --- ------<a href= "https://twitter.com/NTmoney/status/1525234408910987264"> https://twitter.com/NTmoney/status/1525234408910987264</a> ---Lot’s of talk about “suicide” in context of LUNA --- ------<a href= "https://bitcoinist.com/luna-investors-suicidal-after-cryptos-collapse/"> https://bitcoinist.com/luna-investors-suicidal-after-cryptos-collapse/</a> ---Helping smaller LUNA wallets first --- ------<a href= "https://twitter.com/VitalikButerin/status/1525561624974700545"> https://twitter.com/VitalikButerin/status/1525561624974700545</a>  ---Punk6529 on surviving the bear market --- ------<a href= "https://twitter.com/punk6529/status/1525565876711444484"> https://twitter.com/punk6529/status/1525565876711444484</a>  ---Ian from Syndicate DAO on previous cycles --- ------<a href= "https://twitter.com/ianDAOs/status/1524613312582799360"> https://twitter.com/ianDAOs/status/1524613312582799360</a>  ---Best website for looking at token performance --- ------<a href= "https://cryptorank.io/performance">https://cryptorank.io/performance</a>   Chris Burniske: ---Twitter: <a href= "https://twitter.com/cburniske">https://twitter.com/cburniske</a> ---Placeholder VC: <a href= "https://www.placeholder.vc/">https://www.placeholder.vc/</a> Previous Unchained Coverage on Terra  ---Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST --- ------<a href= "https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/"> https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/</a>  ---Do Kwon on backing UST with BTC --- ------​​<a href= "https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/">https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/</a> ---Kevin Zhou on the risk of UST’s death spiral --- ------<a href= "https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/"> https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/</a>  ---Jon Wu on how Terra got depegged: --- ------<a href= "https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/"> https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/</a> ---Do Kwon on The Chopping Block --- ------<a href= "https://www.youtube.com/watch?v=0xl8u7-KVwM">https://www.youtube.com/watch?v=0xl8u7-KVwM</a>  ... Read more

24 May 2022

1 HR 25 MINS

1:25:35

24 May 2022


#365

The 5 Biggest Lessons From Terra/Luna's Collapse, According to Tascha Che - Ep.354

Tascha Che, founder of Tascha Labs, unpacks the Terra/Luna debacle and reveals what she believes are the five main takeaways from its collapse. Here are some highlights from the show: ---how stablecoin issuers make money ---what caused Terra’s downfall ---why Tascha is bullish on algo stablecoins ---whether she believes undercollateralized stablecoins can work ---how fast market cap expansion without actual network effect equals death for stablecoins ---why she doesn’t believe a stablecoin’s network effects mean much for its success ---why small(er) stablecoins are better ---how blockchains mirror national economies  ---which stablecoins is Tascha excited about ---how FRAX is a stablecoin that resembles fiat currencies ---whether the UST collapse will affect the stablecoin development and further regulation ---how cross-chain agreements would be helpful for the stability of the crypto ecosystem Thank you to our sponsors! Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>       Coinchange: <a href= "https://coinchange.io/">https://coinchange.io</a>  The Graph: <a href= "https://thegraph.com/graphday">https://thegraph.com/graphday</a>    Episode Links   Tascha Che ---Twitter:  --- ------<a href= "https://twitter.com/TaschaLabs">https://twitter.com/TaschaLabs</a> ---Tascha Labs:  --- ------<a href= "https://taschalabs.com/">https://taschalabs.com/</a>  ---Tascha’s thread on nonobvious lessons from the Terra fallout:  --- ------<a href= "https://twitter.com/TaschaLabs/status/1526276308119932928?s=20&t=SCxfocBJoQqTEvCHadjYxA"> https://twitter.com/TaschaLabs/status/1526276308119932928?s=20&t=SCxfocBJoQqTEvCHadjYxA</a> ... Read more

20 May 2022

39 MINS

39:11

20 May 2022


#364

The Chopping Block: Kevin Zhou on Why He Knew Terra Would Crash - Ep.353

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Kevin Zhou, the CEO of Galois Capital and long-time critic of UST, also joined the conversation. Show topics: ---the UST depeg and Terra collapse  ---Kevin on what it was like being one of the earliest naysayers of LUNA ---why Kevin believes that UST initially depegged and became a “fear cascade” ---how Galois Capital traded the UST depeg, from shorting LUNA to keeping their UST in Anchor until the last moment ---why Kevin was disappointed in the lack of transparency in how Luna Foundation Guard attempted to defend the UST peg ---the implications of UST’s collapse across the crypto and traditional financial markets  ---whether Terra’s decline will lead to more regulation in the crypto industry ---why Anchor was the “cancer” of the Terra system  ---why VCs are reticent to say something bad about protocols they don’t believe in ---why grifting is so much more prevalent in crypto  ---what Jump Trading had to do with the Terra collapse ---the difference between the way trading and VC firms interact with crypto ---the issues with the Terra 2 proposal without UST ---which chains are receiving the people leaving the Terra ecosystem  ---why Haseeb compared the collapse of UST to the collapse of the Soviet Union ---who Kevin believes should be reimbursed in the aftermath of the UST collapse ---how political considerations might affect how Terra continues to develop going forward ---why Terra NFTs were skyrocketing during the Terra meltdown ---whether crypto is in a bear or bull market Hosts   ---Haseeb Qureshi, managing partner at Dragonfly Capital --- ------<a href= "https://twitter.com/hosseeb">https://twitter.com/hosseeb</a> ---Tom Schmidt, general partner at Dragonfly Capital --- ------<a href= "https://twitter.com/tomhschmidt">https://twitter.com/tomhschmidt</a> ---Tarun Chitra, managing partner at Robot Ventures --- ------<a href= "https://twitter.com/tarunchitra">https://twitter.com/tarunchitra</a>  ---Robert Leshner, founder of Compound  --- ------<a href= "https://twitter.com/rleshner">https://twitter.com/rleshner</a>    Guest ---Kevin Zhou, CEO of Galois Capital --- ------<a href= "https://www.linkedin.com/in/kevin-zhou-82938324/">https://www.linkedin.com/in/kevin-zhou-82938324/</a>    Previous Unchained Coverage   ---Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST --- ------<a href= "https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/"> https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/</a>  ---Do Kwon on backing UST with BTC --- ------​​<a href= "https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/">https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/</a> ---Kevin Zhou on the risk of UST’s death spiral --- ------<a href= "https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/"> https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/</a>  ---Jon Wu on how Terra got depegged: --- ------<a href= "https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/"> https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/</a> ---Do Kwon on The Chopping Block --- ------<a href= "https://www.youtube.com/watch?v=0xl8u7-KVwM">https://www.youtube.com/watch?v=0xl8u7-KVwM</a>    Haseeb’s summary of the Terra collapse: ---<a href= "https://medium.com/dragonfly-research/the-reign-of-terra-the-rise-and-fall-of-ust-208dabbc8e6e"> https://medium.com/dragonfly-research/the-reign-of-terra-the-rise-and-fall-of-ust-208dabbc8e6e</a>   Jon Wu’s write-up on the UST Depeg ---Article: <a href= "https://www.notboring.co/p/terra-to-the-moon-and-back"> https://www.notboring.co/p/terra-to-the-moon-and-back</a>  ---Thread: <a href= "https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw"> https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw</a>    Terra Background Info  ---Twitter: <a href= "https://twitter.com/terra_money">https://twitter.com/terra_money</a>  ---UST Mechanics: <a href= "https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c"> https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c</a> ---UST Bank Run: <a href= "https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839"> https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839</a> ---Speculation of a deliberate attack: <a href= "https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r"> https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r</a> ---Do Kwon’s Proposed Terra’s Revival: <a href= "https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/"> https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/</a> ---Anchor: <a href= "https://twitter.com/anchor_protocol">https://twitter.com/anchor_protocol</a>  ---Terra 2.0: <a href= "https://unchainedpodcast.com/do-kwon-has-a-new-plan-again/"> https://unchainedpodcast.com/do-kwon-has-a-new-plan-again/</a>    LFG Purchases ---Luna Foundation Guard: <a href= "https://lfg.org/team/">https://lfg.org/team/</a> ---Pomp – the $10B Bitcoin Bet on Stablecoins --- ------<a href= "https://pomp.substack.com/p/the-10-billion-bitcoin-bet-on-stablecoins?s=w"> https://pomp.substack.com/p/the-10-billion-bitcoin-bet-on-stablecoins?s=w</a> ---3/10 BTC purchase --- ------<a href= "https://twitter.com/LFG_org/status/1503680315969060864"> https://twitter.com/LFG_org/status/1503680315969060864</a>  ---$1 BTC billion purchase --- ------<a href= "https://twitter.com/terra_money/status/1496162889085902856"> https://twitter.com/terra_money/status/1496162889085902856</a>  ---TFL x LFG relationship --- ------<a href= "https://twitter.com/stablekwon/status/1502225674840555523"> https://twitter.com/stablekwon/status/1502225674840555523</a>    Galois Twitter threads ---<a href= "https://twitter.com/Galois_Capital/status/1511455703642394628"> https://twitter.com/Galois_Capital/status/1511455703642394628</a>  ---<a href= "https://twitter.com/Galois_Capital/status/1511198930951938049"> https://twitter.com/Galois_Capital/status/151119893095193804</a>   Tarun’s thoughts on algorithmic stablecoins ---<a href= "https://twitter.com/Unchained_pod/status/1512465290910736391"> https://twitter.com/Unchained_pod/status/1512465290910736391</a>  ... Read more

19 May 2022

1 HR 09 MINS

1:09:00

19 May 2022


#363

Why Terra Collapsed and Whether an Algo Stablecoin Can Ever Succeed - Ep.352

Nic Carter, general partner at Castle Island Venture, Eric Wall, former Chief Investment Officer of Arcane Assets, and Erik Voorhees, founder of ShapeShift, discuss what happened with the TerraUSD (UST) and LUNA fiasco, Do Kwon’s responsibility, the impact on the crypto ecosystem, and much more. Show highlights:  ---how Erik used to feel that algo stablecoins were impossible and why he changed his mind ---why Eric considers that the demand for UST was tied to a sh*tcoin ---why Nic didn’t think LUNA would work ---how a stablecoin could theoretically be decentralized ---whether Nic, Eric, and Erik think this was a deliberate attack ---why they think whether or not there was a deliberate attack is not even relevant ---how the de-peg started with a liquidity issue on Curve ---why Nic thinks that Terra’s biggest mistake was the 19.5% APY on Anchor ---whether pursuing a decentralized stablecoin is a worthy goal ---what aspects of UST were decentralized, according to Erik ---whether algo stablecoins are dead or whether in the future, death spirals of algo stablecoins can be avoided ---why Erik believes that everything in the crypto space is an experiment, even BTC ---what it says that the VCs behind Terra knew were so reputable ---why Do Kwon's arrogance and inexperience might have caused this chaos ---whether Terra can be rebuilt ---whether this collapse imposes risks on other blockchains and other assets ---why the Luna Foundation Guard’s purchase of Bitcoin might have made the UST collapse even worse ---what Erik thinks about the global financial system and the US dollar ---how this event could trigger more regulation in the crypto space and why it might hurt the entire ecosystem ---how regulators might use the Terra case to impose CBDCs.   Thank you to our sponsors! Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>      Coinchange: <a href= "https://coinchange.io/">https://coinchange.io</a>   Beefy Finance: <a href= "https://beefy.finance/">https://beefy.finance</a>       Episode Links   Erik Vorhees  ---Twitter: <a href= "https://twitter.com/ErikVoorhees">https://twitter.com/ErikVoorhees</a>   Eric Wall ---Twitter: <a href= "https://twitter.com/ercwl">https://twitter.com/ercwl</a>   Nic Carter ---Twitter: <a href= "https://twitter.com/nic__carter">https://twitter.com/nic__carter</a>   Previous Unchained Coverage of Terra ---Do Kwon on backing UST with BTC --- ------​​<a href= "https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/">https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/</a> ---Kevin Zhou on the risk of UST’s death spiral --- ------<a href= "https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/"> https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/</a>  ---Jon Wu on how Terra got de-pegged: --- ------<a href= "https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/"> https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/</a> Terra ---Twitter: <a href= "https://twitter.com/terra_money">https://twitter.com/terra_money</a>  ---UST Mechanics: <a href= "https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c"> https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c</a> ---Luna Foundation Guard: <a href= "https://lfg.org/team/">https://lfg.org/team/</a> ---UST Bank Run: <a href= "https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839"> https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839</a> ---Speculation of a deliberate attack: <a href= "https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r"> https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r</a> ---Do Kwon’s Proposed Terra’s Revival: <a href= "https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/"> https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/</a> ---Terra Blockchain Halted: <a href= "https://www.coindesk.com/business/2022/05/12/luna-issuer-terra-halts-blockchain-after-week-of-losses/"> https://www.coindesk.com/business/2022/05/12/luna-issuer-terra-halts-blockchain-after-week-of-losses/</a> Upcoming Regulation ---<a href= "https://www.protocol.com/bulletins/terra-stablecoin-loses-peg"> https://www.protocol.com/bulletins/terra-stablecoin-loses-peg</a> ---<a href= "https://www.theblockcrypto.com/linked/146583/yellen-says-the-stablecoin-market-is-still-too-small-to-pose-systemic-risk"> https://www.theblockcrypto.com/linked/146583/yellen-says-the-stablecoin-market-is-still-too-small-to-pose-systemic-risk</a> ... Read more

17 May 2022

1 HR 20 MINS

1:20:09

17 May 2022


#362

Did Someone Deliberately Attack Terra/Luna to Kick off a Death Spiral? - Ep.351

Jon Wu, head of growth at Aztec Network, recaps a historically chaotic week in the Terra ecosystem that saw $UST depeg, Anchor depositors flee, and $LUNA fall 99%. Show highlights: ---how $UST, $LUNA, Luna Foundation Guard (LFG), and Anchor Protocol are supposed to work ---why Jon compares the Terra blockchain with VISA, LFG with the Fed, and Do Kwon with Jerome Powell ---how a previous $UST de-peg foreshadowed this week’s dystopian price action ---how a bitcoin short seemed to have kickstarted $UST’s depeg and why Jon thinks it was a deliberate attack ---why Luna Foundation Guard originally purchased Bitcoin – and how that plan backfired and made the Terra death spiral even more violent ---why $UST had such low liquidity this week – making it more susceptible to a bank run ---what Jon’s predictions are for $UST and $LUNA going forward ---what were the reasons behind Terra halting ---why Jon does not think this will be the end of algorithmic stablecoins ---why Jon thinks this should not affect ETH directly, even though there is a high amount of staked ETH in the Terra ecosystem   Thank you to our sponsors! Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>      Coinchange: <a href= "https://coinchange.io/">https://coinchange.io</a>      Episode Links   Jon Wu ---Twitter ------ https://twitter.com/jonwu_   Jon’s Write-Up on the UST Depeg ---Article: <a href= "https://www.notboring.co/p/terra-to-the-moon-and-back"> https://www.notboring.co/p/terra-to-the-moon-and-back</a>  ---Thread: <a href= "https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw"> https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw</a>    Previous Unchained Coverage of Terra ---Do Kwon on backing UST with BTC ------​​<a href= "https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/">https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/</a> ---Kevin Zhou on the risk of UST’s death spiral ------<a href= "https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/"> https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/</a>    Terra: ---Terra proposal to accelerate the burn of UST and increase the base pool: <a href= "https://station.terra.money/proposal/1164">https://station.terra.money/proposal/1164</a>  ------<a href= "https://www.theblockcrypto.com/post/146254/terraform-labs-ceo-do-kwon-unveils-plan-to-restore-ust-peg"> https://www.theblockcrypto.com/post/146254/terraform-labs-ceo-do-kwon-unveils-plan-to-restore-ust-peg</a> ---Terra halting the network: <a href= "https://twitter.com/terra_money/status/1524785058296778752?s=20&t=FUJkFuN8PyxRoF9TCPgrGg"> https://twitter.com/terra_money/status/1524785058296778752?s=20&t=FUJkFuN8PyxRoF9TCPgrGg</a> ---Terra going live again: <a href= "https://twitter.com/terra_money/status/1524812171179327488?s=20&t=FUJkFuN8PyxRoF9TCPgrGg"> https://twitter.com/terra_money/status/1524812171179327488?s=20&t=FUJkFuN8PyxRoF9TCPgrGg</a> ---Regulatory risks: <a href= "https://www.theblockcrypto.com/post/146426/the-sec-has-already-sued-terraform-labs-it-has-every-reason-to-investigate-ust-lawyers-say"> https://www.theblockcrypto.com/post/146426/the-sec-has-already-sued-terraform-labs-it-has-every-reason-to-investigate-ust-lawyers-say</a>    Other Recaps on Terra:  ---CoinDesk on how Do Kwon was behind previous algorithmic stablecoin: <a href= "https://www.coindesk.com/tech/2022/05/11/usts-do-kwon-was-behind-earlier-failed-stablecoin-ex-terra-colleagues-say/"> https://www.coindesk.com/tech/2022/05/11/usts-do-kwon-was-behind-earlier-failed-stablecoin-ex-terra-colleagues-say/</a>  ---Rekt: <a href= "https://rekt.news/luna-rekt/">https://rekt.news/luna-rekt/</a> ... Read more

13 May 2022

48 MINS

48:20

13 May 2022


#361

Will Optimism's OP Token Draw People Back to Layer 2s on Ethereum? - Ep.350

Kain Warwick, founder of Synthetix, and Ben Jones, cofounder and chief scientist at Optimism Foundation, discuss the current state of Ethereum Layer 2s, Optimism’s new governance structure, why Synthetix chose to build on Optimism, and more. Show topics: 1--what Optimism and Synthetix are 2--how zero-knowledge rollups differ from optimistic rollups 3--why Synthetix decided to build on Optimism 4--what makes L2s more enticing to build on than other L1s 5--how Optimism’s governance is going to change with the launch of the Optimism Collective and OP token 6--what issues Synthetix has had with Discord governance and early token voting, and how they have now solved this by forcing users to consolidate wallet addresses 7--what retroactive public goods funding is and how it could create a “flywheel” of development on Optimism 8--why whales might be excluded from Optimism’s token grant to Synthetix 9--why Ben thinks the future is about the “superchain” rather than multi-chain  10-what Kain and Ben think about bridging between L2s and Mainnet 11-why Optimism is a staunch backer of EIP 4844 12-how the merge could affect Optimism and Synthetix Thank you to our sponsors! Crypto.com: <a href= "https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021"> https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021</a>      Coinchange: <a href= "https://coinchange.io/">https://coinchange.io</a>    OnJuno: <a href= "https://onjuno.com/">https://onjuno.com/</a>    Episode Links   Guests ---Ben Jones: <a href= "https://twitter.com/ben_chain">https://twitter.com/ben_chain</a> ---Kain Warwick: <a href= "https://twitter.com/kaiynne">https://twitter.com/kaiynne</a>    Synthetix ---<a href= "https://twitter.com/synthetix_io">https://twitter.com/synthetix_io</a>   Optimism ---<a href= "https://twitter.com/optimismPBC">https://twitter.com/optimismPBC</a>    Optimism Collective ---<a href= "https://optimism.mirror.xyz/gQWKlrDqHzdKPsB1iUnI-cVN3v0NvsWnazK7ajlt1fI"> https://optimism.mirror.xyz/gQWKlrDqHzdKPsB1iUnI-cVN3v0NvsWnazK7ajlt1fI</a>    Synthetix Launching on Optimism ---<a href= "https://blog.synthetix.io/optimism-launch-announcement/"> https://blog.synthetix.io/optimism-launch-announcement/</a>    Synthetix Governance ---<a href= "https://docs.synthetix.io/governance/">https://docs.synthetix.io/governance/</a>    Kain’s Blog ---<a href= "https://blog.synthetix.io/author/kain/">https://blog.synthetix.io/author/kain/</a>    Rollups ---What are the biggest risks to optimistic rollup chains? --- ------<a href= "https://vitalik.ca/general/2021/01/05/rollup.html#:~:text=Anatomy%20of%20a%20fraud%20proof"> https://vitalik.ca/general/2021/01/05/rollup.html#:~:text=Anatomy%20of%20a%20fraud%20proof</a>  ---What is the difference between optimistic and ZK rollups? And why did Synthetix choose Optimism? --- ------<a href= "https://blog.matter-labs.io/optimistic-vs-zk-rollup-deep-dive-ea141e71e075"> https://blog.matter-labs.io/optimistic-vs-zk-rollup-deep-dive-ea141e71e075</a>    EIP 4844 ---<a href= "https://eips.ethereum.org/EIPS/eip-4844">https://eips.ethereum.org/EIPS/eip-4844</a> ---<a href= "https://www.eip4844.com/">https://www.eip4844.com/</a>   The Merge ---<a href= "https://unchainedpodcast.com/why-ethereums-merge-was-delayed-and-why-it-wont-reduce-gas-fees-much/"> https://unchainedpodcast.com/why-ethereums-merge-was-delayed-and-why-it-wont-reduce-gas-fees-much/</a>    Kain’s previous Unchained appearances ---Ethereum killers episode --- ------<a href= "https://unchainedpodcast.com/how-solana-and-binance-smart-chain-could-take-ethereums-lead/"> https://unchainedpodcast.com/how-solana-and-binance-smart-chain-could-take-ethereums-lead/</a> ---How Synthetix became the second-largest DeFi platform --- ------<a href= "https://unchainedpodcast.com/how-synthetix-became-the-second-largest-defi-platform/"> https://unchainedpodcast.com/how-synthetix-became-the-second-largest-defi-platform/</a> ---DeFi summer --- ------<a href= "https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/"> https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/</a>    Optimism’s Bridging Solution ---<a href= "https://twitter.com/optimismPBC/status/1517548430297604096"> https://twitter.com/optimismPBC/status/1517548430297604096</a>  ... Read more

10 May 2022

1 HR 10 MINS

1:10:16

10 May 2022