FCAT Crypto Briefâ„¢

Imagine a world where blockchain platforms can be fast, secure, and scalable all at once. Sounds too good to be true? Welcome to the Blockchain Trilemma, the ultimate tradeoff that's long challenged developers and users alike. In this episode, we're diving straight into the strategic drivers and decisions that have shaped two of the most popular blockchain networks: Ethereum and Solana. Join us as we weigh the pros and cons of each network, explore the underlying strategies and communities, and discuss the wins, frustrations, and recent developments that continue to shape the future of blockchain.   Episode Topics: [0:00] Intro [1:36] Biweekly News Roundup  [8:50] The Blockchain Trilemma  [11:20] Pros, Cons & Everything In-between  [20:58 Network Strategies & Culture  [28:24] What's on the Horizon?  [30:16] Outro         Stay connected with us beyond the podcast by following FCAT on Instagram, LinkedIn, and X where we share additional insights and updates on all things emerging tech. Whether you're crypto-curious or have a crypto foundation, Fidelity may have your next career opportunity. EXPLORE NOW. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2025 FMR LLC. All rights reserved. Chapters (00:00:00) - Intro(00:01:36) - Biweekly News Roundup(00:08:50) - The Blockchain Trilemma(00:11:20) - Pros, Cons & Everything In-between(00:20:58) - Network Strategies & Culture(00:28:24) - What's on the Horizon?(00:30:16) - Outro

Listen in as our hosts dive into another big week in crypto. On this episode of the Crypto Brief, the team is joined by Senior Manager of Bitcoin Mining at FCAT, Kevin Kelly, to discuss Ethereum's upcoming Pectra upgrade and what it might mean for users.   Episode Topics: [0:00] Intro [1:46] Biweekly News Roundup [4:23] Pectra Upgrade: Features Deepdive [22:14] About Blobs [26:26] Ethereum at a Crossroads [30:42] Key Takeaways       Stay connected with us beyond the podcast by following FCAT on Instagram, LinkedIn, and X where we share additional insights and updates on all things emerging tech. Whether you're crypto-curious or have a crypto foundation, Fidelity may have your next career opportunity. EXPLORE NOW. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2025 FMR LLC. All rights reserved. Chapters (00:00:00) - Intro(00:01:46) - Biweekly News Roundup(00:04:23) - Pectra Upgrade: Features Deepdive(00:22:14) - About Blobs(00:26:26) - Ethereum at a Crossroads(00:30:42) - Key Takeaways

As the FTX story develops, there’s more clarity about what led to the downfall of FTX. Hosts break down what is known about the current situation and what questions are still looming. Then, hosts discuss the latest Binance news and Trust Wallet’s Integration with THORChain. Episode Topics: [3:05] What Parth Tried This Week: Subscription-Based NFTs [6:20] Charges Against Bankman-Fried & Current State of FTX [13:30] Binance News: Halted Withdrawals of USDC, Potential Money Laundering Charges & Other Concerns [25:00] Trust Wallet’s Integration with THORChain Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

This week, Parth kicks off by sharing his experience using a website that aggregates real world asset yield opportunities through tokenization of assets. Then, briefers discuss the latest news around the target timeline for Ethereum’s Shanghai upgrade, changes to the MetaMask data tracking policy, and new guidance from the SEC.Episode Topics[2:22] What Parth Tried This Week: Tokenization of Real World Assets Aggregator[7:12] Target Release Date for the Shanghai Upgrade & Staked ETH Withdrawals[20:05] Privacy Concerns in Metamask[27:10] SEC Issues Guidance Regarding Disclosure of Crypto Risks Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Hosts recap the results from DTCC’s Project Lithium Pilot and discuss the Brazilian bill aimed at legalizing crypto for payments, Stripe’s new fiat on ramp and Uniswap’s new NFT aggregator. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Hosts welcome special guest, Chris Kuiper of Fidelity Digital Assets to discuss results from the 2022 Institutional Investor Digital Assets Study. Chris, along with the hosts, summarize data findings that give a glimpse into the crypto ecosystem from the perspective of institutional investors. Hosts report on key data points including sentiment, geographic adoption of digital assets, appealing features and purchase preferences. See the full summary of this survey at https://www.fidelitydigitalassets.com/research-and-insights/2022-institutional-investor-digital-assets-study *This podcast was previously recorded on November 9, 2022.

A week in the making, briefers walk us through the days leading up to the FTX Chapter 11 filing, highlighting public disputes on Twitter, buyouts and questionable communications that all led to the downfall of FTX. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Briefers dive into breaking news regarding crypto exchanges, explain new classification of meme coins, and discuss the latest in scaling news. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

The landscape for Bitcoin miners is changing as some of the largest companies contemplate bankruptcy. In this episode, briefers take a deep dive into how some miners got to this point and what the future may look like. Briefers also discuss Apple app store updates impacting NFT usage and a new feature on Cash App that allows for fast and inexpensive Bitcoin transactions. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Jason and Jack dive into updates around Bitcoin hash rate and discuss Ethereum’s deflationary status post-merge and news from Genesis and Voyager. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Tune in as Parth shares his experience using an application that allows creators to have a personal coin with value based on their social clout. Then, hosts break down the Financial Accounting Standards Board’s tentative board decisions for how companies should account for crypto assets and discuss the latest $100 million plus hack impacting Mango Markets. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

The briefers discuss MakerDAO’s move to increase its reliance on real-world assets after lamenting another bridge hack, this time on the Binance Smart Chain, and wrap up by covering MasterCard’s new tool intended to flag suspicious crypto exchanges. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

This week, briefers discuss all things cross-chain interoperability from Circle’s series of announcementsto Swift’s project with Chainlink and updates in the Cosmos ecosystem. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

This week, briefers discuss Nasdaq’s preparations to launch an institutional crypto custody service, lawmaker’s amicus brief filing in support of Custodia Bank’s case, Wintermute’s $160 million hack and Boba launches an L2 bridge. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Breaking down the biggest news of the week, our briefers dive into seven narratives from the ETH merge. Plus, catch their thoughts on OFAC’s frequently asked questions about Tornado Cash and global brands introducing NFT reward programs. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

It’s merge week! Briefers are breaking down the details of the Ethereum merge. Plus, hear their insight as they report on other news, including the White House’s report on crypto mining, the launch of Fraxlend and Binance’s bold move to stop supporting USDC.

On this special edition episode, briefers take a deep dive into explaining crypto bridges, covering what they are, how they work, why they are important and what everyone wants to know - their potential risks. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Join the briefers conversation on DTCC’s production parallel for Project ION, Coinbase’s liquid staking token for Ethereum and BendDAO’s proposed protocol change for NFT lending. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Briefers dive into what master account access could mean for SPDI banks, discuss the impact of firms being paid to pause mining operations and give their take on Jump Crypto committing to rebuild the Solana blockchain software. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

This week, briefers discussed OFAC’s sanction on Tornado Cash, dusting attacks and Ethereum's final proof-of-stake 'Test Merge' on Goerli. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

This week our briefers discussed recent institutional crypto alliances; regulatory developments: Bitcoin and ETH as commodities; the Slope hack and Nomad bridge hack, as well as open-source wallets and community sourcing. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.

Our Briefers look at pricing, correlation, and liquidity moves; uncertainty and interest rate impact; crypto performance in turbulent times; stablecoin regulatory signals; SushiXSwap, and cross-chain connectivity. Please remember: this podcast is solely for informational and educational purposes and is not investment, tax, legal or insurance advice. Digital assets are speculative and highly volatile and you should conduct thorough research before you invest. To learn more, visit: fcatalyst.com FMR LLC. © 2022 FMR LLC. All rights reserved.