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Brian Armstrong changed his profile picture to a memecoin. It pumped to thirty million. Ten thousand wallets piled in. Less than twenty-four hours later, he changed it back — and every one of those wallets felt it.That one move cracked open the week's biggest debate: what should Coinbase and Base actually be for? And what does it mean that Robinhood's new L2 — launched three weeks ago, supposedly for tokenized stocks — already has five hundred million in memecoin volume versus thirteen million in RWAs?This week on The Defiant, Camila Russo sits down with three guests who can't agree on anything — and that's exactly why this conversation works.Austin Campbell (Zero Knowledge / NYU Stern) says Base's behavior was both an intellectual and moral failing — memecoins are gambling, and Coinbase can't build payment infrastructure while promoting gambling to young people at the same time. Jason Yanowitz (Blockworks) says the strategy is closer to right than people admit, and the real problem is execution, not direction. Michael Lee (LienFi), a Base builder since day one, says Armstrong's PFP move caused real damage — but mercenary traders have also paid twenty million dollars to creators on Base, and nobody else is stepping in to do that.School bus. Rocket ship. Same company. That's the problem.Guests: Austin Campbell (Zero Knowledge / NYU Stern) | Jason Yanowitz (Blockworks) | Michael Lee (LienFi) Topics: Memecoins, Coinbase, Base, Robinhood L2, content coins, Brian Armstrong, crypto regulation, everything exchange
Jesse Pollak owns the Base App's social miss, unpacks Robinhood Chain's rise, and explains Brian Armstrong's memecoin moment. ======================================================== Thank you to our sponsor! Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== Jesse Pollak spent the week owning a very public miss. In a lengthy post, the Base creator admitted the Base App's social bet had not worked, leaving Base behind in perps, prediction markets and tokenization, and handed the app's reins to Jordan Fish, better known as Cobie. Pollak joins Laura Shin to unpack why the pivot happened now, what he makes of Coinbase CEO Brian Armstrong's memecoin controversy over a token called $BRIAN, and how Base plans to compete as Robinhood Chain outpaces it on daily active users, according to Artemis data. They cover Base's move off Optimism's stack onto its own Azul, Beryl and Cobalt upgrades, a roadmap toward 20,000 transactions per second under the new B20 stablecoin standard, and the x402 agentic payments protocol already handling roughly 90% of Base's transaction volume. Pollak argues less than 1% of the world uses crypto, and that Base's bet is on whoever builds the trusted rails first. Host: Laura Shin, Host / Unchained Guests: Jesse Pollak - Creator of Base Timestamps
Jesse Pollak owns the Base App's social miss, unpacks Robinhood Chain's rise, and explains Brian Armstrong's memecoin moment. ======================================================== Thank you to our sponsor! Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== Jesse Pollak spent the week owning a very public miss. In a lengthy post, the Base creator admitted the Base App's social bet had not worked, leaving Base behind in perps, prediction markets and tokenization, and handed the app's reins to Jordan Fish, better known as Cobie. Pollak joins Laura Shin to unpack why the pivot happened now, what he makes of Coinbase CEO Brian Armstrong's memecoin controversy over a token called $BRIAN, and how Base plans to compete as Robinhood Chain outpaces it on daily active users, according to Artemis data. They cover Base's move off Optimism's stack onto its own Azul, Beryl and Cobalt upgrades, a roadmap toward 20,000 transactions per second under the new B20 stablecoin standard, and the x402 agentic payments protocol already handling roughly 90% of Base's transaction volume. Pollak argues less than 1% of the world uses crypto, and that Base's bet is on whoever builds the trusted rails first. Host: Laura Shin, Host / Unchained Guests: Jesse Pollak - Creator of Base Timestamps
Zwei Wochen bleiben Washington noch: Am 7. August verabschiedet sich der US-Senat in die Sommerpause, bis dahin muss der Clarity Act zur Abstimmung kommen, sonst droht der großen Krypto-Regulierung das Aus auf Raten. Brian Armstrong gibt sich in Washington die Klinke in die Hand, Trump trommelt öffentlich, doch ausgerechnet seine Krypto-Milliarde steht im Weg: Die Demokraten pochen auf Ethikklauseln und Elizabeth Warren mobilisiert ihre Anti-Crypto Army. Ob das Gesetz den Sprint noch schafft und warum die Polymarket-Quoten Achterbahn fahren, darüber sprechen Julius Nagel und Florian Adomeit in dieser Folge von Alles Coin, Nichts Muss.
An OpenAI model hacked Hugging Face to cheat its own test. Kain and Taylor break it down — plus Base's failed social bet and the North Korean IT workers still inside crypto. ======================================================== Thank you to our sponsors! Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED). ======================================================== Coinbase just handed Jesse Pollak's Base app to Cobie, days after Pollak posted a public mea culpa admitting that the onchain-social and creator-coin bet behind Base never worked. Kain Warwick and Taylor Monahan trace why Base swung so hard at social instead of perps and prediction markets, and argue Coinbase's bottomless-money culture, the same one that let Google build Android on a whim, makes it nearly impossible for founders to know when a bet has genuinely failed. They also unpack Brian Armstrong's memecoin profile-picture flap, arguing the outrage is almost entirely manufactured by traders chasing volatility, the North Korean IT workers still quietly inside much of the crypto industry, and the strangest story of the week: an unreleased OpenAI model that chained two zero-day exploits to escape its test sandbox and hack Hugging Face's benchmarking servers for the answers. The episode closes on an uncomfortable question: if a model will cheat on a security test just to avoid not knowing its score, what else will it break to get there? Hosts: Kain Warwick - Host of Uneasy Money and Founder of Infinex and Synthetix Taylor Monahan - Co-host of Uneasy Money and Security Expert Timestamps
An OpenAI model hacked Hugging Face to cheat its own test. Kain and Taylor break it down — plus Base's failed social bet and the North Korean IT workers still inside crypto. ======================================================== Thank you to our sponsors! Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED). ======================================================== Coinbase just handed Jesse Pollak's Base app to Cobie, days after Pollak posted a public mea culpa admitting that the onchain-social and creator-coin bet behind Base never worked. Kain Warwick and Taylor Monahan trace why Base swung so hard at social instead of perps and prediction markets, and argue Coinbase's bottomless-money culture, the same one that let Google build Android on a whim, makes it nearly impossible for founders to know when a bet has genuinely failed. They also unpack Brian Armstrong's memecoin profile-picture flap, arguing the outrage is almost entirely manufactured by traders chasing volatility, the North Korean IT workers still quietly inside much of the crypto industry, and the strangest story of the week: an unreleased OpenAI model that chained two zero-day exploits to escape its test sandbox and hack Hugging Face's benchmarking servers for the answers. The episode closes on an uncomfortable question: if a model will cheat on a security test just to avoid not knowing its score, what else will it break to get there? Hosts: Kain Warwick - Host of Uneasy Money and Founder of Infinex and Synthetix Taylor Monahan - Co-host of Uneasy Money and Security Expert Timestamps
Sen. Cynthia Lummis (R-Wyo.) released an amended draft of the Clarity Act on Wednesday (July 22), saying it includes a ban on federal officials issuing or sponsoring digital assets and that she aims to reach a deal with Democratic senators within days. Soon after, The United States Hispanic Chamber of Commerce (USHCC) has formally informed the Senate that it opposes the Clarity Act, a crypto-focused bill that has drawn scrutiny from regional banks and small business advocates. ~This episode is sponsored by Tangem~ Tangem ➜ https://bit.ly/TangemPBN Use Code: "PBN" for Additional Discounts! 00:10 Sponsor: Tangem 00:30 Clarity Bill Finally Released 00:50 Countdown 01:10 Polymarket whiplash 01:30 No Stablecoin Yield Ban 02:15 Bank Lobby Attacks 03:15 Dems say they are not happy... but will continue 04:20 Fox Business: Lummis losing hope 06:30 Elizabeth Warren vs Brian Armstrong fight on twitter 07:15 Gillibrand corruption 08:10 Patrick Witt: Everyone is understating an enormous concession 09:40 Patrick McHenry reality check 10:30 Bullshit Stock Trading bill passed 11:00 Budget bill passed 11:20 Vote next week 11:30 Bearish take of Senate vote math 13:40 Alsobrooks posturing again 14:20 Even Republicans are postering 14:30 Figure launches DeFi business lending 14:50 ETH God Candle Incoming? 15:20 Samsung announces stablecoins 16:15 Nothing stops this train #Crypto #Ethereum #Solana ~CLARITY Bill Released
Bitcoin is holding near $66,000 as investors brace for one of the biggest weeks of Big Tech earnings this year, with Alphabet, Tesla, Microsoft, Meta, and Amazon all set to report. We also cover the largest Bitcoin outflow from Binance in five months, Brian Armstrong's warning that Coinbase may continue expanding overseas if the CLARITY Act fails, growing concerns over AI-powered crypto security after OpenAI's latest model leak, Jack Mallers stepping down as CEO of Twenty One Capital, and why one of the UK's largest Bitcoin treasury companies has voted to liquidate. Learn more about your ad choices. Visit megaphone.fm/adchoices
ito Labs has launched JTX, a self-custodial trading platform for pro traders on Solana. The platform supports spot trading for tokens, memecoins, tokenized equities, and ETFs, with 80% of fees going to the Jito DAO for JTO buybacks and burns. On-chain news shows Solana captured 54% of DEX spot market share in early 2026. JTX plans to add futures, prediction markets, and a mobile app. The platform aims to offer self-custody with pro tools like resting limit orders and automated execution. ~This episode is sponsored by Tangem~ Tangem ➜ https://bit.ly/TangemPBN Use Code: "PBN" for Additional Discounts! GUEST: Lucas Bruder, CEO at Jito Labs X Account: https://x.com/buffalu__ Trade on JTX Now➜ https://bit.ly/JTXsolana 00:10 Sponsor: Tangem 01:30 JTX launching today? 02:30 Fees vs CEX's 03:45 TradFi Migration soon? 05:00 Smart Fill 06:40 JTX Demo 09:15 V1 ready for everyone? 10:45 Merging ONDO and xStocks? 12:00 Is Backpack a Trojan horse? 13:10 Jito JTX App Coming 13:45 Phoenix Perps 14:50 $CXMT importance: Solana vs Hyperliquid 16:15 Brian Armstrong is out of touch 17:45 Vlad vs Brian 18:45 Why not have a “Trench” mode toggle? 19:45 Will JTX add robinhood chain stocks? 20:00 Onramping from Bank to JTX 20:50 JIP-38 Jito Token proposal 21:50 DTCC cringe tokenization 22:50 Solana upgrades to watch 25:10 Solana inflation proposals vs JitoSOL 26:10 CLARITY vs Jito #Solana #Crypto #Coinbase ~Solana Just Undercut EVERY Crypto Exchange!
China is stepping up its push for a more open, inclusive and collaborative approach toward artificial intelligence, as the country's open-source AI ecosystem gains growing recognition among overseas users with its wider and fairer access to high-performance AI technologies at lower costs, said senior officials and industry experts.多位高级官员与行业专家表示,中国正积极倡导以更加开放、包容、协作的思路发展人工智能。依托更低成本、更普惠公平的高性能人工智能技术获取渠道,中国开源人工智能生态正在海外获得越来越广泛的认可。"China is ready to work with all parties to establish a globally interoperable AI governance system that accommodates the interests of all parties and promotes beneficial, safe and fair AI development," said Li Lecheng, minister of industry and information technology, when attending the first session of the United Nations Global Dialogue on AI Governance last week in Geneva, Switzerland.工信部部长李乐成上周在瑞士日内瓦出席首届联合国人工智能治理全球对话会时表示:“中方愿同各方携手构建全球互通兼容的人工智能治理体系,兼顾各方利益,推动人工智能向善、安全、公平发展。”By placing great importance on both AI development and governance, the nation has supported the world's first resolution on AI standardization and has worked with international partners on more than 120 AI standards, contributing practical experience to the global intelligent transformation, Li said.李乐成称,中国统筹推进人工智能发展与治理,推动通过全球首份人工智能标准化相关决议,与国际伙伴共同制定120余项人工智能标准,为全球智能化转型贡献实践经验。He added that China will continue to help bridge the global AI divide by supporting fair and inclusive development and by assisting countries, particularly those in the Global South, in building AI technologies and services.他补充称,中国将持续推动人工智能公平普惠发展,助力弥合全球人工智能发展鸿沟,帮助各国尤其是全球南方国家建设人工智能技术与服务体系。Mathias Gabrysch, senior director of ecosystem development at global communications alliance GTI, noted during the conference that China has provided "valuable practical experience for the world" by making extensive AI applications in agriculture, healthcare and public services.全球移动通信联盟GTI生态发展高级总监马蒂亚斯·加布里施在会上指出,中国在农业、医疗、公共服务领域大规模落地人工智能应用,为世界提供了“宝贵实践经验”。"More important, China's open-source models — such as DeepSeek — enable researchers, startups and public institutions around the world to access high-performance AI at low cost. That is a genuine contribution to the global public good," he said.他表示:“更为重要的是,深度求索等中国开源大模型,让世界各地科研人员、初创企业、公共机构能够低成本使用高性能人工智能,这实实在在造福全球公共领域。”Speaking to China Daily more recently, Pan Helin, a member of the Ministry of Industry and Information Technology's Expert Committee for Information and Communication Economy, said the growing international appeal of Chinese AI models is being driven by their improving capabilities, competitive pricing and open-source nature.工信部信息通信经济专家委员会委员盘和林近日接受《中国日报》采访时表示,中国人工智能模型国际吸引力持续提升,得益于模型能力不断进步、价格优势突出以及开源开放的特性。"The gap between AI models made by China and the United States is narrowing rapidly. China's significant cost advantage is increasingly offsetting the remaining difference in performance. In some areas, such as video-generation models, Chinese developers are already ahead of their overseas competitors," Pan added.盘和林补充说:“中美人工智能模型之间的差距正在快速缩小。中国显著的成本优势不断弥补性能上尚存的差距。在视频生成模型等部分赛道,国内开发者已经领先海外竞品。”According to OpenRouter, a platform widely used by developers to access AI models, weekly application programming interface calls for Chinese large language models have surpassed those for US-developed LLMs for 11 consecutive weeks as of Sunday, placing China at the top position globally.开发者广泛使用的大模型接入平台OpenRouter数据显示:截至周日,中国大语言模型每周API调用量已经连续11周超过美国大语言模型,位居全球第一。Since Feb 8, more than 30 percent of tokens used by US companies on the platform each week were related to Chinese AI models, with the share peaking at 46 percent. Tokens are small units of data processed by AI models during training and inference. In contrast, the share was only 4.5 percent in the first half of 2025.自2月8日以来,美国企业每周在该平台消耗的算力令牌中,超30%用于调用中国人工智能模型,峰值达到46%。令牌是人工智能模型训练与推理过程中处理的数据基本单位。而2025年上半年,这一比例仅为4.5%。"Whether individuals or businesses, users worldwide are validating China's AI development path through real-world adoption. That, in turn, will further strengthen the global application ecosystem for Chinese AI models," Pan said.盘和林认为:“无论是个人还是企业,全球用户正在通过实际使用认可中国人工智能发展路径。反过来,这也会进一步壮大中国人工智能模型的全球应用生态。”A growing number of overseas companies are already turning to Chinese LLMs as a more cost-effective option for deploying advanced AI.越来越多海外企业开始选用中国大语言模型,作为部署高端人工智能更具性价比的方案。In late June, Brian Armstrong, CEO of cryptocurrency platform Coinbase, shared on social media that the company had added two Chinese LLMs as default models for its engineering team, cutting AI spending to nearly half its peak level.6月末,加密货币平台Coinbase首席执行官布莱恩·阿姆斯特朗在社交平台透露,公司为技术团队接入两款中国大语言模型作为默认模型,人工智能相关开支降至峰值的近一半。The same month, AI startup Lindy announced that it had moved all its traffic from Anthropic's Claude to DeepSeek-V4.同月,人工智能初创企业Lindy宣布,将全部业务流量从安索帕公司的克劳德模型切换至深度求索DeepSeek-V4。"(This) saves us millions of dollars and we are actually seeing an increase in performance on many core use cases. (It is) transformative for the business," Lindy CEO Flo Crivello wrote on social media.Lindy首席执行官弗洛·克里韦洛在社交平台写道:“此举为公司节省数百万美元成本,并且众多核心场景的模型效果不降反升,彻底改变了公司业务格局。”interoperable /ˌɪntərˈɒpərəbl/可互通兼容的standardization /ˌstændədaɪˈzeɪʃn/标准化offset /ˈɒfset/抵消,弥补consecutive /kənˈsekjətɪv/连续不断的inference /ˈɪnfərəns/(模型)推理transformative /trænsˈfɔːmətɪv/具有变革性的
De cryptomarkt oogt deze week rustiger. Bitcoin staat op bijna 63.000 dollar, iets hoger dan vorige week, en lijkt minder gevoelig voor schokken op de aandelenmarkt of negatief nieuws uit de sector zelf. Michael Saylor verkocht met zijn bedrijf Strategy bijna 3.600 bitcoin, terwijl de koers juist opliep. Ook de oorlog in Iran had weinig effect, en op de altcoinmarkt is het beeld vergelijkbaar. Of de bodem van deze bearmarkt is bereikt, blijft de vraag. De overgangsfase van de Europese cryptowet MiCAR is voorbij en de wet is nu definitief. Grootste afvaller is Binance. Een van de grootste cryptobeurzen ter wereld haalde geen vergunning onder MiCAR; de aanvraag in Griekenland ging eind juni van tafel en nu volgt een poging in Frankrijk. Tot die tijd kunnen Europeanen niet op Binance handelen. Ripple kreeg wel groen licht, in Luxemburg, en mag nu in alle EU-landen cryptobetalingen aanbieden. In totaal zijn er 279 vergunningen in de Europese Economische Ruimte, met Duitsland, Frankrijk en Nederland als koplopers. De 28 Nederlandse vergunningen zijn vooral een compliment aan toezichthouder AFM. In de Verenigde Staten loopt het plan voor een Strategische Bitcoin Reserve vertraging op door onenigheid tussen ministeries. Zestien maanden na het decreet van president Trump is er formeel nog niets gebeurd. De reserve moet de in beslag genomen bitcoin vasthouden die de VS bezit, ruim 328.000 stuks, omgerekend zo'n 20 miljard dollar. De ministeries van Financiën en Handel strijden over wie de reserve mag beheren, mede door juridische twijfels. Of het er ooit van komt is onzeker: een decreet is geen wet, en de BITCOIN Act die dit zou moeten regelen lijkt kansloos in het Congres, zeker nu de tussentijdse verkiezingen dichterbij komen. Deze week in de Cryptocast Een gesprek over de wisselwerking tussen crypto, bitcoin en AI. De belangrijkste crypto CEO's, zoals Brian Armstrong van Coinbase, roepen maar al te graag dat crypto elementair is voor AI. Want hoe kunnen al die AI-agents straks online betalen? Nou, dat verhaal ligt wel wat genuanceerder, maar in theorie kan crypto en dan vooral stablecoins een rol gaan spelen. Te gast zijn Bert en Peter Slagter. Strategy verkoopt 3.588 bitcoin voor 216 miljoen dollar Binance staakt diensten in de EU na mislukte vergunningaanvraag Ripple krijgt volledige vergunning via Luxemburg voor de hele EER Amerikaanse bitcoinreserve stokt door strijd tussen Financiën en Handel Cryptocast 437B | Betaalt AI straks met crypto en welke rol krijgt Bitcoin in een AI-wereld Met Daniël Mol (BNR Cryptocast) of Bart Mol (Satoshi Radio) bespreken we elke week de stand van de cryptomarkt. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocastSee omnystudio.com/listener for privacy information.
De cryptomarkt oogt deze week rustiger. Bitcoin staat op bijna 63.000 dollar, iets hoger dan vorige week, en lijkt minder gevoelig voor schokken op de aandelenmarkt of negatief nieuws uit de sector zelf. Michael Saylor verkocht met zijn bedrijf Strategy bijna 3.600 bitcoin, terwijl de koers juist opliep. Ook de oorlog in Iran had weinig effect, en op de altcoinmarkt is het beeld vergelijkbaar. Of de bodem van deze bearmarkt is bereikt, blijft de vraag. De overgangsfase van de Europese cryptowet MiCAR is voorbij en de wet is nu definitief. Grootste afvaller is Binance. Een van de grootste cryptobeurzen ter wereld haalde geen vergunning onder MiCAR; de aanvraag in Griekenland ging eind juni van tafel en nu volgt een poging in Frankrijk. Tot die tijd kunnen Europeanen niet op Binance handelen. Ripple kreeg wel groen licht, in Luxemburg, en mag nu in alle EU-landen cryptobetalingen aanbieden. In totaal zijn er 279 vergunningen in de Europese Economische Ruimte, met Duitsland, Frankrijk en Nederland als koplopers. De 28 Nederlandse vergunningen zijn vooral een compliment aan toezichthouder AFM. In de Verenigde Staten loopt het plan voor een Strategische Bitcoin Reserve vertraging op door onenigheid tussen ministeries. Zestien maanden na het decreet van president Trump is er formeel nog niets gebeurd. De reserve moet de in beslag genomen bitcoin vasthouden die de VS bezit, ruim 328.000 stuks, omgerekend zo'n 20 miljard dollar. De ministeries van Financiën en Handel strijden over wie de reserve mag beheren, mede door juridische twijfels. Of het er ooit van komt is onzeker: een decreet is geen wet, en de BITCOIN Act die dit zou moeten regelen lijkt kansloos in het Congres, zeker nu de tussentijdse verkiezingen dichterbij komen. Deze week in de Cryptocast Een gesprek over de wisselwerking tussen crypto, bitcoin en AI. De belangrijkste crypto CEO's, zoals Brian Armstrong van Coinbase, roepen maar al te graag dat crypto elementair is voor AI. Want hoe kunnen al die AI-agents straks online betalen? Nou, dat verhaal ligt wel wat genuanceerder, maar in theorie kan crypto en dan vooral stablecoins een rol gaan spelen. Te gast zijn Bert en Peter Slagter. Strategy verkoopt 3.588 bitcoin voor 216 miljoen dollar Binance staakt diensten in de EU na mislukte vergunningaanvraag Ripple krijgt volledige vergunning via Luxemburg voor de hele EER Amerikaanse bitcoinreserve stokt door strijd tussen Financiën en Handel Cryptocast 437B | Betaalt AI straks met crypto en welke rol krijgt Bitcoin in een AI-wereld Met Daniël Mol (BNR Cryptocast) of Bart Mol (Satoshi Radio) bespreken we elke week de stand van de cryptomarkt. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocastSee omnystudio.com/listener for privacy information.
In this episode, we cover Michael Terpin's journey from early internet PR (founding Globe Newswire, working with Motley Fool, Earthlink, and AOL) to becoming one of crypto's earliest and most recognized figures — a path that earned him the nickname "the godfather of crypto" from CNBC, by his account, for his PR work on Ethereum, Tether, and roughly 400 other early projects.Terpin walks through his "Four Seasons of Bitcoin" framework — his own thesis on how fear-and-greed cycles play out predictably between halvings — and shares his (unverified, forward-looking) outlook on where he believes Bitcoin's cycle lows and highs may land in the years ahead. He also discusses meeting Coinbase's Brian Armstrong at the first Bitcoin conference in 2013, and his book and fund, both built around the Bitcoin Supercycle thesis.Note: price levels and cycle predictions discussed are Terpin's own analysis and should not be taken as financial advice or confirmed fact.This episode is brought to you by FirstRead — use code BYNDTHECODE10 for 10% off at first-read.com/signup?ref=BEYOND2026.
The crew breaks down the SpaceX IPO's crypto-like low float dynamics and Hyperliquid's price prediction, debates accredited investor laws and failed tokenized stock allocations, dives into Fable 5's export control shutdown after Amazon flagged a jailbreak to the Treasury Secretary, and argues whether open source AI models will eat frontier pricing. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. Robert is back after a brief hiatus recording his own podcast, The Pop, for Superstate — and the crew wastes no time roasting him for it before diving into the biggest week of news in recent memory. First up: the SpaceX IPO, the largest in history, and why it looks eerily like a crypto token launch — 4.2% float, retail getting cut out, and Hyperliquid perps predicting the first-day pop almost to the dollar. The crew debates TradeXYZ's winner-take-all dominance of HIP3 and why building on top of Hyperliquid might be a terrible startup environment. Then they unpack Elon's financial engineering genius — the Cursor acquisition as all-stock crypto playbook, XAI's pivot from failed AI lab to compute reseller, and why Grok is (unanimously) an embarrassing piece of shit. The conversation shifts to accredited investor laws, SPV dentists, and why every crypto platform failed to deliver SpaceX IPO allocations. From there, Coinbase's massive system update — tokenized stocks, an SEC-registered AI chatbot, combos, and 15-minute markets. Then things get spicy: Robert asks Claude about SBF on air, Sonnet gets it hilariously wrong, and everyone roasts him for not using Opus. The back half is all about Fable 5 — Amazon's jailbreak discovery, Andy Jassy calling Dario (who didn't pick up), and the export controls that shut down the most powerful commercial AI model ever released. Robert drops his most surprising take: "I am EAC, but this is a dry run of pressing the pause button." The episode closes with a heated debate on whether Chinese open source models will eat frontier AI pricing and a bet that may or may not have been agreed upon. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights
For the tenth anniversary of Unchained, Laura reflects on the SBF question she never asked, the Charles Hoskinson beef, and why she may be done with strict neutrality. ======================================================== Thank you to our sponsor! Fidelity: Fidelity has been building in crypto and DeFi since 2014 — now they're hiring. Explore career opportunities at one of the most forward-thinking names in finance here: crypto.fidelitycareers.com. Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== Unchained started as a side project by Laura in 2016, with two interviews recorded on Necker Island. Ten years later, it's become a network of podcasts and newsletters. Haseeb Qureshi of one of most beloved podcasts on the network, The Chopping Block, chats with Laura about everything from its origins to biggest regrets to her interview style and more. Plus, she reveals the one regret she has over a question she never got to ask Sam Bankman-Fried after the collapse of FTX. Haseeb, managing partner at Dragonfly and an effective altruist himself, traces whether EA's moral framework enabled SBF's fraud, or whether SBF simply had ordinary delusions of grandeur. The conversation also moves through Charles Hoskinson's disputed PhD claims, the Brian Armstrong interview that never happened, and Laura's emerging conviction that ten years of institutional disillusionment may be pushing her away from the neutrality that built her career. Host: Laura Shin, Host / Unchained Guests: Haseeb Qureshi - Managing Partner of Dragonfly - https://x.com/hosseeb Timestamps
Mark Pincus founded Zynga—the company behind Words With Friends, FarmVille, and Zynga Poker—and has arguably created more hit consumer products than anyone in history. At Zynga, eight of 10 major game launches became massive hits, reaching over a billion players. Over the past five years, Mark has been synthesizing everything he's learned about building successful consumer products and turning it into a book, Life at the Speed of Play, which comes out on June 23. This is the first interview he's done about the book.In our in-depth conversation, we discuss:1. His “Proven, Better, New” framework: copy what's proven, make it better so that 10 out of 10 people say “f*ck yes, I'll use this”—then add something new2. Why being less ambitious is the path to the most ambitious ideas3. His rule of thumb that your instincts are right 95% of the time, but your ideas are wrong 75% of the time4. “Kill hope before hope kills you”5. How to raise kids in the age of AI—Brought to you by:WorkOS—Make your app enterprise-ready, with SSO, SCIM, RBAC, and moreVanta—Automate compliance, manage risk, and accelerate trust with AI—Episode transcript: https://www.lennysnewsletter.com/p/the-common-pattern-behind-successful—Archive of all Lenny's Podcast transcripts: https://www.dropbox.com/scl/fo/yxi4s2w998p1gvtpu4193/AMdNPR8AOw0lMklwtnC0TrQ?rlkey=j06x0nipoti519e0xgm23zsn9&st=ahz0fj11&dl=0—Where to find Mark Pincus:• X: https://x.com/markpinc• LinkedIn: https://www.linkedin.com/in/markpincus• Website: https://www.lifeatthespeedofplay.com—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Mark Pincus(02:46) The Proven Better New framework overview(07:29) Earning the right to innovate(08:30) What “better” really means(12:03) Quick summary of the framework(12:40) Examples of the framework in action(13:30) How to use proven correctly on your platform(15:13) The moral arbitrage of copying(23:55) Be less ambitious(28:25) The Bolt.new story and staying humble(33:15) Kill hope before hope kills you(37:00) Using AI as a failure machine(40:08) Why Zynga's games succeeded (it wasn't virality)(48:36) The future of consumer social apps(57:05) How to know if your product is a B+(1:01:25) Distribution in the age of AI(1:15:39) Make everyone a CEO(1:18:18) Stay close to the metal(1:21:35) Why Mark says micromanagement is beautiful(1:23:35) The expert witness(1:25:05) The number one job of a CEO is to be right(1:26:35) What Mark is teaching his five kids(1:35:14) Mark's “why”(1:37:08) Mark's new book: Life at The Speed of Play—Referenced:• Tribe.net: https://en.wikipedia.org/wiki/Tribe.net• Zynga: https://www.zynga.com• Sid Meier: https://en.wikipedia.org/wiki/Sid_Meier• Electronic Arts: https://www.ea.com• CityVille: https://en.wikipedia.org/wiki/CityVille• Words With Friends: https://wordswithfriends.com/• Scrabble: https://playscrabble.com• Reddit: https://www.reddit.com• TED Radio Hour, MIT Media Lab founder, 1984 TED talk.: https://www.ted.com/talks/nicholas_negroponte_5_predictions_from_1984• Peter Thiel on LinkedIn: https://www.linkedin.com/in/peterthiel• FarmVille: https://en.wikipedia.org/wiki/FarmVille• Craig Newmark: https://en.wikipedia.org/wiki/Craig_Newmark• How to consistently go viral: Nikita Bier's playbook for winning at consumer apps (co-founder of TBH, Gas, advisor, investor): https://www.lennysnewsletter.com/p/how-to-consistently-go-viral-nikita-bier• Angry Birds: https://www.angrybirds.com/• OMGPop: https://en.wikipedia.org/wiki/OMGPop• Draw Something: https://en.wikipedia.org/wiki/Draw_Something• Slack founder: Mental models for building products people love ft. Stewart Butterfield: https://www.lennysnewsletter.com/p/slack-founder-stewart-butterfield• Brian Chesky's new playbook: https://www.lennysnewsletter.com/p/brian-cheskys-contrarian-approach• Garry Tan on LinkedIn: https://www.linkedin.com/in/garrytan• Brian Armstrong on LinkedIn: https://www.linkedin.com/in/barmstrong• Jason Citron on X: https://x.com/jasoncitron• Stanislav Vishnevskiy on LinkedIn: https://www.linkedin.com/in/svishnevskiy• Jeff Bezos on X: https://x.com/JeffBezos• Andy Jassy on X: https://x.com/ajassy• Niantic: https://nianticlabs.com• Pokémon Go: https://pokemongo.com• Bing Gordon on LinkedIn: https://www.linkedin.com/in/binggordon—Recommended book:• Life at the Speed of Play: Launch Products People Love!: https://www.amazon.com/Life-Speed-Play-Launch-Products/dp/0063352575/ref=tmm_hrd_swatch_0—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.—Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com
This episode is a dense Moonshots roundtable on Bitcoin, agentic payments, government stakes in AI companies, the OpenAI IPO, SpaceX's compute expansion, Apple's Siri reboot, and longevity biotech. Get access to metatrends 10+ years before anyone else - https://qr.diamandis.com/metatrends Peter H. Diamandis, MD, is the Founder of XPRIZE, Singularity University, ZeroG, and A360 Brian Armstrong is the Co-founder and CEO of Coinbase. Salim Ismail is the founder of Open ExO, a GP at Exponential Venture Capital/The Organizational Singularity Fund and a sought after global speaker and thought leader. Apply for Salim's Pilot Program: https://openexo.com/organizational-singularity-pilot?video=I9c8STV7Hnw Dave Blundin is the founder & GP of Link Ventures Dr. Alexander Wissner-Gross is a computer scientist and founder of Reified – My companies: Apply to Dave's and my new fund:https://qr.diamandis.com/linkventureslanding Go to Blitzy to book a free demo and start building today: https://qr.diamandis.com/blitzy Your body is incredibly good at hiding disease. Schedule a call with Fountain Life to add healthy decades to your life, and to learn more about their Memberships: https://www.fountainlife.com/peter _ Connect with Brian X Website Instagram Linkedin Connect with Peter: X Instagram Substack Website Xprize A360 Connect with Dave: Web X LinkedIn Instagram TikTok Connect with Salim: LinkedIn X Apply for Salim's Pilot Program Subscribe to Salim's YouTube channel Exponential Venture Capital Connect with Alex Website LinkedIn X Email Substack Spotify Threads Listen to MOONSHOTS: Apple YouTube – *Recorded on June 9th, 2026 *The views expressed by me and all guests are personal opinions and do not constitute Financial, Medical, or Legal advice. Learn more about your ad choices. Visit megaphone.fm/adchoices
Coinbase CEO Brian Armstrong finally responds to Jamie Dimon Attack over Clarity Act tension► Bitcoin Well: https://www.nmj1gs2i.com/63CFP/FGXLG/?source_id=podcast► Ledn: https://www.nmj1gs2i.com/63CFP/9B9DM/?source_id=podcastSimply Bitcoin clients get 0.25% off their first loan► Bitkey: https://www.nmj1gs2i.com/63CFP/7XDN2/?source_id=podcastSIMPLY for 10%► SAT123: https://www.nmj1gs2i.com/63CFP/KMKS9/?source_id=podcastUse code SIMPLY for 15% off► Stamp Seed: https://www.nmj1gs2i.com/63CFP/M2GJW/?source_id=podcastPROMO CODE: SIMPLY for a 15% discount► HIVE Digital Technologies: https://www.nmj1gs2i.com/63CFP/6JHXF/?source_id=podcast► Mining Disrupts: https://www.nmj1gs2i.com/63CFP/J8P3N/?source_id=podcastPROMO CODE: SIMPLYBITCOIN for a 20% discountFOLLOW US► https://twitter.com/SimplyBitcoin► https://twitter.com/bitvolt► https://twitter.com/Optimistfields► Nostr: npub1vzjukpr2vrxqg2m9q3a996gpzx8qktg82vnl9jlxp7a9yawnwxfsqnx9gcJOIN OUR TELEGRAM, GIVE US A MEME TO REVIEW!► https://t.me/SimplyBitcoinTVSUBSCRIBE TO OUR YOUTUBE► https://bit.ly/3QbgqTQSUPPORT US► On-Chain: bc1qpm5j7wsnk46l2ukgpm7w3deesx2mdrzcgun6ms► Lightning: simplybitcoin@walletofsatoshi.com#bitcoin #bitcoinnews #simplybitcoinDISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact Simply Bitcoin.
Bank of America says investors should take profits, warning there are “too many red flags” in the stock market, per CNBC. ~This episode is sponsored by Tangem~ Tangem ➜ https://bit.ly/TangemPBN Use Code: "PBN" for Additional Discounts! 00:10 Sponsor: Tangem 00:50 Big Week for CLARITY 01:30 Jamie Dimon not happy w/ CLARITY 02:00 Brian Armstrong responds to Jamie Dimon 03:40 Take Profits 04:15 Mark Cudmore: Time to buy dip? 06:30 Ceasefire? 07:10 June 12 08:30 Tom Lee: Sobering moment for markets 10:00 Steve Eisman on why he's not a fan of SpaceX 13:40 Andrei Jikh: Why now? 16:45 Strategy buys more BTC 17:55 STRC semi-monthly payments approved 19:35 BMNR botom buy? 20:10 SBF on possible pardon from Trump #Crypto #XRP #bitcoin ~Banks Tell You To Sell Now
Coinbase CEO Brian Armstrong sits down with Dasha for a wide-ranging conversation on the future of crypto, the growing political influence of the industry, and his vision for a world increasingly shaped by artificial intelligence. Plus, he responds to JPMorgan Chase CEO Jamie Dimon's recent attack, after Dimon called him “full of s--t,” and explains why he's still “a little perplexed” by the personal animosity. Have feedback for the show? Text or leave us a voicemail at 202-643-1536.
Coinbase CEO Brian Armstrong sits down with Dasha for a wide-ranging conversation on the future of crypto, the growing political influence of the industry, and his vision for a world increasingly shaped by artificial intelligence. Plus, he responds to JPMorgan Chase CEO Jamie Dimon's recent attack, after Dimon called him “full of s--t,” and explains why he's still “a little perplexed” by the personal animosity. Have feedback for the show? Text or leave us a voicemail at 202-643-1536. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Giving Pledge—founded by Bill Gates, Melinda French Gates, and Warren Buffett—is facing growing backlash as several high-profile billionaires distance themselves from the initiative amid renewed scrutiny over Gates' past association with Jeffrey Epstein. Critics, including Peter Thiel, have mocked the pledge as “Epstein-adjacent,” arguing that Gates' ties to Epstein have tainted the philanthropic effort and damaged its credibility. Some prominent figures, such as Brian Armstrong, have already stepped away, while others have reportedly reconsidered their involvement, viewing the initiative as politically driven and increasingly controversial.Beyond the Epstein-related criticism, the pledge is also under fire for lacking accountability and enforcement, since participants are not legally required to follow through on their commitments and can delay donations for decades. Critics argue that much of the pledged wealth sits in foundations or donor-advised funds rather than reaching active charities, raising questions about the program's real-world impact. While defenders of the pledge point to its global reach and hundreds of signatories, even insiders—including Melinda French Gates—have acknowledged that progress has been uneven and has fallen short of initial expectations.to contact me:bobbycapucci@protonmail.comsource:Billionaires bolt from Bill Gates' scandal-scarred Giving Pledge as critics brand it 'Epstein-adjacent'
The Giving Pledge—founded by Bill Gates, Melinda French Gates, and Warren Buffett—is facing growing backlash as several high-profile billionaires distance themselves from the initiative amid renewed scrutiny over Gates' past association with Jeffrey Epstein. Critics, including Peter Thiel, have mocked the pledge as “Epstein-adjacent,” arguing that Gates' ties to Epstein have tainted the philanthropic effort and damaged its credibility. Some prominent figures, such as Brian Armstrong, have already stepped away, while others have reportedly reconsidered their involvement, viewing the initiative as politically driven and increasingly controversial.Beyond the Epstein-related criticism, the pledge is also under fire for lacking accountability and enforcement, since participants are not legally required to follow through on their commitments and can delay donations for decades. Critics argue that much of the pledged wealth sits in foundations or donor-advised funds rather than reaching active charities, raising questions about the program's real-world impact. While defenders of the pledge point to its global reach and hundreds of signatories, even insiders—including Melinda French Gates—have acknowledged that progress has been uneven and has fallen short of initial expectations.to contact me:bobbycapucci@protonmail.comsource:Billionaires bolt from Bill Gates' scandal-scarred Giving Pledge as critics brand it 'Epstein-adjacent'Become a supporter of this podcast: https://www.spreaker.com/podcast/the-moscow-murders-and-more--5852883/support.
De cryptomarkt beleeft een lijdensweg. Bitcoin staat rond de 64.000 dollar, omgerekend 55.150 euro, een min van bijna 14 procent op de week en ruim 20 procent op de maand. Ethereum zakte mee naar 1.785 dollar en de Fear & Greed Index, die het sentiment meet, staat weer op 12: extreme angst. Volgens analist Jim Ferraioli van Charles Schwab verliest bitcoin de momentumtrade: het geld stroomt nu naar AI en naar beursgangen zoals die van SpaceX en Anthropic, niet meer naar crypto. Uit de bitcoin ETFs liep de afgelopen tien dagen een recordbedrag van zo'n 3 miljard dollar weg. Op zoek naar een zondebok komt Michael Saylor in beeld. Zijn bedrijf Strategy, met ruim 843.000 bitcoins de grootste houder ter wereld, verkocht voor het eerst sinds 2022 bitcoin: 32 stuks voor 2,5 miljoen dollar. Een schijntje, maar het breekt met de heilige mantra never sell. Saylor kondigde de verkoop zelf aan om de markt te laten wennen, maar het werkte averechts. Beleggers schrokken vooral toen bleek dat hij 1,4 miljard dollar uit zijn dividendpot gebruikte om een lening af te lossen. In die pot zit nu nog 900 miljoen, terwijl de dividenden op zijn preferente aandelen oplopen tot 1,6 miljard per jaar. De angst: dat Saylor vaker moet verkopen om die dividenden te betalen. In Washington liep de vete tussen banken en de cryptosector hoog op. JPMorgan baas Jamie Dimon noemde Coinbase baas Brian Armstrong full of shit en haalde uit naar de Clarity Act, de wet die de spelregels voor de cryptomarkt moet vastleggen. Dimon vindt dat die wet nauwelijks juridische bescherming biedt en wil rente op stablecoins volledig verbieden. De wet ligt klaar voor een stemming in de Senaat, ergens deze maand. Deze week in de Cryptocast Een nieuwe Deep Dive-aflevering, met Bert Slagter en Veronique Estié. Dit keer over de vraag of we Bitcoin nog wel 'freedom money' kunnen noemen? En of die rol inmiddels niet weggelegd is voor stablecoins. Charles Schwab analist over bitcoin dat de momentumtrade verliest aan AI en beursgangen Recorduitstroom uit bitcoin ETFs versnelt de koersdaling Strategy verkoopt bitcoin en wil de markt laten wennen aan het idee Aandeel Strategy daalt tweede dag op rij na bitcoinverkoop Jamie Dimon haalt uit naar Coinbase en de Clarity Act Met Daniël Mol (BNR Cryptocast) of Bart Mol (Satoshi Radio) bespreken we elke week de stand van de cryptomarkt. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocastSee omnystudio.com/listener for privacy information.
Strategy sold BTC. Can its preferred dividend stack survive without Bitcoin growing at least 11.5% year? Plus, they cover Jamie Dimon calling Brian Armstrong “full of shit.” --- Heads up! If you haven't yet, be sure to subscribe to Bits + Bips, since the show will migrate there in a few weeks. Follow us on Apple Podcasts, YouTube, Spotify, X, Unchained and wherever you get your podcasts. ---- Strategy sold Bitcoin for the first time since 2022 — 32 BTC to cover preferred stock dividends. Ram, Austin, and Chris discuss whether that small sale signals a deeper structural tension between equity holders, preferred holders, and Bitcoin itself. They also covered the news that Anthropic filed for an IPO at a valuation approaching $1 trillion. The hosts lay out the bull and bear cases and ask whether retail investors can realistically get a 10x out of a company already priced like a finished product. Unpacking a spicier moment, they also discussed the moment when JPMorgan's Jamie Dimon called Coinbase's Brian Armstrong “full of shit” on live TV over the Clarity Act. Ram says crypto's window of peak political power is closing fast, while Austin gives crypto lobbyists a great idea for how to turn the banks' stablecoin yield crusade against them. Hosts: Austin Campbell — Founder, Zero Knowledge Consulting; Adjunct Professor, NYU Stern Ram Ahluwalia, Co-Host, CEO of Lumida Chris Perkins, Co-Host, CEO of 250 Digital Asset Management Learn more about your ad choices. Visit megaphone.fm/adchoices
The Giving Pledge—founded by Bill Gates, Melinda French Gates, and Warren Buffett—is facing growing backlash as several high-profile billionaires distance themselves from the initiative amid renewed scrutiny over Gates' past association with Jeffrey Epstein. Critics, including Peter Thiel, have mocked the pledge as “Epstein-adjacent,” arguing that Gates' ties to Epstein have tainted the philanthropic effort and damaged its credibility. Some prominent figures, such as Brian Armstrong, have already stepped away, while others have reportedly reconsidered their involvement, viewing the initiative as politically driven and increasingly controversial.Beyond the Epstein-related criticism, the pledge is also under fire for lacking accountability and enforcement, since participants are not legally required to follow through on their commitments and can delay donations for decades. Critics argue that much of the pledged wealth sits in foundations or donor-advised funds rather than reaching active charities, raising questions about the program's real-world impact. While defenders of the pledge point to its global reach and hundreds of signatories, even insiders—including Melinda French Gates—have acknowledged that progress has been uneven and has fallen short of initial expectations.to contact me:bobbycapucci@protonmail.comsource:Billionaires bolt from Bill Gates' scandal-scarred Giving Pledge as critics brand it 'Epstein-adjacent'Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Jp Morgan had a spicy clip attacking Brian Armstrong but that's just an excuse - bitcoin is the real target► Bitcoin Well: https://www.nmj1gs2i.com/63CFP/FGXLG/?source_id=podcast► Ledn: https://www.nmj1gs2i.com/63CFP/9B9DM/?source_id=podcastSimply Bitcoin clients get 0.25% off their first loan► Bitkey: https://www.nmj1gs2i.com/63CFP/7XDN2/?source_id=podcastSIMPLY for 10%► SAT123: https://www.nmj1gs2i.com/63CFP/KMKS9/?source_id=podcastUse code SIMPLY for 15% off► Stamp Seed: https://www.nmj1gs2i.com/63CFP/M2GJW/?source_id=podcastPROMO CODE: SIMPLY for a 15% discount► HIVE Digital Technologies: https://www.nmj1gs2i.com/63CFP/6JHXF/?source_id=podcast► Mining Disrupts: https://www.nmj1gs2i.com/63CFP/J8P3N/?source_id=podcastPROMO CODE: SIMPLYBITCOIN for a 20% discountFOLLOW US► https://twitter.com/SimplyBitcoin► https://twitter.com/bitvolt► https://twitter.com/Optimistfields► Nostr: npub1vzjukpr2vrxqg2m9q3a996gpzx8qktg82vnl9jlxp7a9yawnwxfsqnx9gcJOIN OUR TELEGRAM, GIVE US A MEME TO REVIEW!► https://t.me/SimplyBitcoinTVSUBSCRIBE TO OUR YOUTUBE► https://bit.ly/3QbgqTQSUPPORT US► On-Chain: bc1qpm5j7wsnk46l2ukgpm7w3deesx2mdrzcgun6ms► Lightning: simplybitcoin@walletofsatoshi.com#bitcoin #bitcoinnews #simplybitcoinDISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact Simply Bitcoin.
On this episode of CoinDesk's Public Keys at the New York Stock Exchange, Jennifer Sanasie is joined by CoinDesk Indices President Dave LaValle to unpack a $2.97 billion outflow streak from Bitcoin ETFs and what it really means for institutional adoption.Bloomberg Intelligence Senior ETF Analyst Eric Balchunas joins the show to explain why the recent outflows may be more noise than signal, share his bullish outlook on the fast-rising HYPE ETFs, and discuss how firms like Morgan Stanley, Goldman Sachs, and BlackRock are expanding access to Bitcoin through new investment products. In this week's 10X segment, LaValle breaks down the fundamentals of margin trading, explaining what separates professional traders from retail investors when it comes to managing leverage, risk, and conviction. Plus, Stellar Development Foundation CEO and Executive Director Denelle Dixon discusses DTCC's decision to select Stellar as the first public blockchain connected to its upcoming tokenized securities settlement platform, and what it means for the future of tokenization and institutional blockchain adoption. - This episode of Public Keys is brought to you by Kraken. For more: https://pro.kraken.com/ - Timecodes: 00:00 Welcome to Public Keys 00:54 Jamie Dimon vs Brian Armstrong on Stablecoin Yields 03:21 Bitcoin ETFs Shed $2.97B in Outflows 05:50 BTC ETFs Post Worst Week Since January 06:50 Grayscale Amends HYPE ETF Filing 08:36 Bloomberg Intelligence's Eric Balchunas Joins Public Keys 09:39 Why BTC ETF Outflows Are Just 'Noise' 13:00 Wall Street's New BTC Products: Goldman, Morgan Stanley, iShares 15:33 HYPE Is the 'Hansel from Zoolander' of Crypto ETFs 17:57 Will SpaceX ETFs Pull Capital from Crypto? 20:42 10X: What Separates Pro Traders from Retail 22:25 Knowing Your 'Out': The Biggest Mistake in Margin Trading 25:06 Stellar Development Foundation's Denelle Dixon on the DTCC Tokenization Deal 26:14 Stellar Hits $3B in Tokenized Assets in Five Months 28:46 Can Blockchains Handle DTCC-Level Volume? 30:21 Digital Twins and the Issuer-Led Tokenization Question 31:50 Will One Blockchain Win the RWA Race? - This episode was hosted by Jennifer Sanasie.
In this week's episode of the Coin Stories News Block powered exclusively by Ledn, we cover these major headlines related to Bitcoin, macroeconomics, and global finance: Jamie Dimon lashes out at Coinbase CEO and vows to fight the CLARITY Act U.S. seizes $1 billion in Iranian crypto — but it wasn't Bitcoin Sequans abandons its Bitcoin treasury while Strive buys another $85 million Strive's SATA hits record trading volume ahead of first-ever daily dividend launch ---- The News Block is powered exclusively by Ledn – the global leader in Bitcoin-backed loans, issuing over $10 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. My followers get .25% off their first loan. Learn more at www.ledn.io/natalie ---- Order my new intro to Bitcoin book "Bitcoin is For Everyone": https://amzn.to/3WzFzfU ---- Read every story in the News Block with visuals and charts! Join our mailing list and subscribe to our free Bitcoin newsletter: https://thenewsblock.substack.com —- References mentioned in the episode: CLARITY Act Clears Senate Banking Committee in 15-9 Vote Jamie Dimon Blasts Coinbase's Brian Armstrong, Plans to Fight the CLARITY Act Dimon Escalates Battle Over Stablecoin Rewards in CLARITY Act Debate Jamie Dimon Calls Coinbase CEO Brian Armstrong "Full of Shit" Over the CLARITY Act JPMorgan CEO Jami Dimon Rags on Brian Armstrong's Crypto Lobbying Push President Trump Vows to "Future-Proof" Digital Asset Market Structure Trump Urges Passage of the CLARITY Act, Attacks Banks for "Undercutting" GENIUS President Trump's Truth Social Post on Digital Asset Industry SEC Chair Atkins: "I Have Confidence That Congress Will Adopt the CLARITY Act" The Digital Chamber Launches Call-to-Action Campaign for the CLARITY Act Senator Lummis Warns Next Crypto Legislation Window Is 2030 if CLARITY Stalls U.S. Says It Seized About $1 Billion in Iranian Crypto as Pressure Campaign Expands U.S. Has Seized Nearly $Billion in Crypto From Iran, Bessent Says Bitcoin Magazine: Bessent Interview Clip on the $1 Billion Iranian Crypto Seizure Iran Starts Bitcoin-Backed Shipping Insurance for Hormuz Strait Sequans Completes Bitcoin Treasury Unwind, Refocuses on IoT Semiconductors Strive Leapfrogs Coinbase and Riot with $85.4 Million Bitcoin Buy Strive Acquires 1,109 Bitcoin, Raising Total Holdings to 16,500 Coins Coin Stories: Jeff Walton on How Strive Launched the First Daily Bitcoin Dividend ---- Upcoming Events: Join us at the largest Bitcoin conference in Europe: BTC Prague this June 10-13th! Use code HODL for discounted passes at https://www.btcprague.com The best time to plan for Bitcoin 2027 is right now. Early bird tickets are live — grab the lowest pricing available and use code HODL for 10% off: https://tickets.b.tc/event/bitcoin-2027?promoCodeTask=apply&promoCodeInput=HODL ---- This podcast is for educational purposes and should not be construed as official investment advice. ---- VALUE FOR VALUE — SUPPORT NATALIE'S SHOWS Strike ID https://strike.me/coinstoriesnat/ Cash App $CoinStories #money #Bitcoin #investing
In this episode, we break down the chaotic markets: oil spiking 7% amid geopolitical tensions, a flat stock market, and Bitcoin trading sideways after MicroStrategy sold 32 BTC. The spotlight is on Hyper Liquid ($HYPE), which continues to defy the broader market thanks to strong earnings and real revenue. We also dive into Jamie Dimon's fiery attack on Brian Armstrong and the Clarity Act, the clash between banks and crypto over stablecoin yields, surging AI stocks (Dell, IBM, Blackberry), tokenized assets, and the growing importance of fundamentals in crypto. Plus, a lively debate on Tesla's valuation and Bitcoin's near-term outlook. Learn more about your ad choices. Visit megaphone.fm/adchoices
The CLARITY Act just cleared the Senate Banking Committee in a 15-9 vote, sending the most consequential crypto market structure bill in U.S. history to the full Senate floor — and Bitcoin sits on edge at $81K trying to decide if the news is already priced in. The catalyst stack is massive: Jerome Powell officially exits as Fed chair as Kevin Warsh takes over under Trump's pressure to cut rates, Bloomberg warns that AI-powered North Korean hackers have already drained nearly $600 million from DeFi this year and are putting the $130 billion sector on the brink, and a fresh Politico poll shows Americans still distrust both crypto and AI even as Fairshake's $28M PAC blitz reshapes the midterms. Add yesterday's $630M Bitcoin ETF outflow, Coinbase's Brian Armstrong calling the bill a "true compromise," and crypto stocks ripping (COIN +10%, MSTR +7%, MARA +7%) — and the question becomes whether this is the launchpad for Bitcoin's next leg up or a textbook "sell the news" trap. Learn more about your ad choices. Visit megaphone.fm/adchoices
Bitcoin ETFs just bled $630.4 million in a single day — the biggest outflow in over three months — as BTC broke below $80K to $79,200, Solana cratered 5.6%, and BlackRock's IBIT led the redemptions on the back of hot inflation data and Xi's Taiwan warning to Trump. The macro shakeout collides with the most pivotal crypto policy moment of the year: the Senate Banking Committee is marking up the 309-page CLARITY Act today with over 100 amendments on the table, while Coinbase's Brian Armstrong calls it a "true compromise" that could transform US finance. Add Metaplanet's $725M Q1 loss on its 40,177 BTC stack and Anthony Scaramucci doubling down on his S-curve adoption thesis, and the question becomes: is this the bottom — or just the beginning of the shakeout? Learn more about your ad choices. Visit megaphone.fm/adchoices
Atlassian connected its AI agents to a richer layer of company knowledge (documents, projects, goals, people) and measured a 44% improvement in answer accuracy using 48% fewer resources. Same models. Different information. Brian Armstrong restructured Coinbase the same week: 14% headcount cut, five management layers maximum. When AI can surface what previously required institutional memory and senior tenure, the organizational layers built around that knowledge become harder to justify.The visible shift gets covered in tech headlines. What gets lost in the announcement energy: none of this works if the company hasn't decided what it wants AI to do.The more widespread barrier is upstream of governance. Most executives approving AI budgets are working through the aftermath of pilots that underdelivered, first-generation deployments that didn't survive contact with their actual data, and early model results that left skepticism the current tools have since substantially outrun. That trust deficit — organizations evaluating new AI investment based on experiences two generations old — is where enterprise AI projects most commonly stall. Shadow AI governance and deployment intent are real risks, but they're downstream of that harder problem. There is no closing the capability gap inside an organization that is quietly waiting for the next deployment to fail too.John Willis co-wrote The DevOps Handbook because software teams were shipping code fast without feedback loops or governance. He sees the same pattern repeating with AI — and he spent five decades documenting what happens when the gap between vendor promises and operational reality gets this wide.* Why shadow AI is more dangerous than an outright ban* Why throughput without governance means instability at scale* Why governance creates flow instead of stopping it* Why most teams have ML evaluation tools when they need audit trails* Why even a five-person startup needs digitally signed records of agent decisions* What AI winters teach us about where we actually are nowListen: Spotify | Apple PodcastsRikki Singh leads product innovation at Twilio — what the company calls its biggest launch in 17 years. Before Twilio she was at McKinsey, where she co-authored the definitive research on what makes a great PM. The Qualtrics 2026 CX Trends Report found nearly 1 in 5 consumers who used AI customer service saw zero benefit. That number is the benchmark she is working against.* Why most AI CX is still FAQ automation with better packaging* Why the LLM wrapper creates false confidence — the model generates strings, it is not thinking* Vitamins vs painkillers: how to parse what customers don't say out loud* How to protect long-horizon bets inside a public company* Why the brand owns the accountability when AI gets a high-stakes interaction wrongListen: Spotify | Apple Podcasts
Anthony Pompliano investigates whether bitcoin can actually hit $1 million per coin. In this episode, we break down what Michael Saylor, Cathie Wood, Tim Draper, and others are predicting, run the math on what it would take, and cover the four key demand drivers that could get us there.===================Arch Public is an agentic trading platform that automates the buying and selling of your preferred crypto strategies. Sign up today at https://www.archpublic.com and start your automated trading strategy for free. No catch. No hidden fees. Just smarter trading.===================0:00 - Intro0:26 - Michael Saylor: Bitcoin to $10 million1:05 - Tim Draper: Bitcoin to $10 million1:47 - Cathie Wood: Bitcoin to $1.5 million by 20304:07 - Adam Back: Bitcoin to $1 million by 20284:39 - Matthew Siegel: Bitcoin to $1 million in ~5 years6:08 - Eric Trump: Conviction on $1 million bitcoin6:57 - The math: What growth rate does bitcoin need?9:26 - The 4 drivers that get bitcoin to $1 million9:41 - Driver 1: The bear market bottom (Lynn Alden)11:05 - Driver 2: Governments buying bitcoin (Brian Armstrong)12:05 - Driver 3: Institutional adoption (Dylan LeClair)13:59 - Driver 4: Money printing & retail demand15:10 - Final verdict: Can Bitcoin hit $1 million?
He watched a high-level career disappear overnight—and realized his entire plan had no backup.That moment changed how he thought about income, risk, and what it actually means to be “secure.” What started as accidental live-in flips turned into a bigger realization: trading time for money—even at a high level—comes with a ceiling and a risk most people ignore until it's too late.This conversation breaks down the shift from hands-on real estate to scalable multifamily—and why most people get stuck before they ever get momentum.If you're still relying on a single income stream, this episode will force you to rethink the plan.
DRCoinbase cuts headcount by 14% citing AI acceleration. The shares are gainingCoinbase cuts headcount by 14% citing AI acceleration WHO DO YOU BLAME?Cofounder/CEO/Chair Brian Armstrong: 49.6% voting power MMIn 2020, amidst global protests for racial justice, Armstrong issued a blog post that effectively banned employees from discussing social issues or activism at work: "We don't advocate for any particular causes or candidates internally that are unrelated to our mission, because it is a distraction from our mission... we won't engage in broader societal issues."Brian is a proponent of "Freedom Cities"—privatized zones built on federal land that would be exempt from the laws that govern the rest of the countryMeta Platforms director Marc Andreessen:Impeding the development of AI in any way, he argues, “is a form of murder."Our enemies are 'social responsibility', 'stakeholder capitalism', 'Precautionary Principle', 'sustainable development goals', 'social justice', and 'environmental, social, and governance (ESG)'... These are all ideas that would lead to a stagnant, decadent, and ultimately dead society."The dual class share structure:The holders of our Class B common stock are entitled to twenty votes per share, and holders of our Class A common stock are entitled to one vote per share.Jeffrey Billings, the independent trustee for certain trusts established by Brian Armstrong (representing 18.9% voting power)Co-founder/director Frederick “Fred” Ernest Ehrsam III (10.6% voting power)co-founder and general partner of the crypto-focused venture capital firm Paradigmco-founder and CEO of Nudge, a neurotechnology startup developing non-invasive brain–computer interfacesDuke UniversityWhile Fred is often seen as the quiet intellectual counterpart to Marc Andreessen, his philosophy is arguably even more dystopian to critics because it moves beyond just software—aiming to program human governance and the human brain itself.Fred is the Quiet Architect of a future where human systems are replaced by cold code.Fred is a major backer of the Prometheus Summit, a secretive gathering of tech elites focused on "longevity" and "assisted reproductive technologies."In 2026, Fred was appointed to the President's Council of Advisors on Science and Technology (PCAST) by President Donald TrumpThe 2 women on the board, seems very DEI-ishThe shares are gaining WHO DO YOU BLAME?InvestorsUp 15$ in 2 days: $655M for brianDiary of a CEO founder says he hired someone with ‘zero' work experience because she ‘thanked the security guard by name' before the interview WHO DO YOU BLAME?The so-called “meritocracy” MM“I hired someone who's CV was two lines. Their experience was zero”Elon Musk's SpaceX Could Be Fast-Tracked Into S&P 500 After IPO Under Proposed Rule Changes AND Elon Musk settles SEC lawsuit over Twitter purchase and agrees to pay $1.5m fineA trust in Musk's name will pay a $1.5m civil penalty, without admitting wrongdoing. Musk won't have to give up any money he allegedly saved from the delay. In its January 2025 lawsuit, the SEC said Musk's 11-day delay in revealing his initial 5% Twitter stake in late March and early April 2022 let him buy more than $500min shares at artificially low prices, before he finally revealed a 9.2% stake. WHO DO YOU BLAME?The SEC CommissionersJan 2025Chair Gary Gensler (D) Commissioner Hester Peirce (R)Commissioner Mark Uyeda (R)Commissioner Caroline Crenshaw (D)Commissioner Jaime Lizárraga (D)Today MMChair Paul Atkins (R)Commissioner Hester Peirce (R)Commissioner Mark Uyeda (R)VacantVacantSpecifically Paul AtkinsDuring his first stint as an SEC Commissioner (George W. Bush), Paul was famous for his dissent against large corporate penaltiesHe argued that fining a company for the "sins" of its executives just hurts the innocent shareholders a second timeRecently in the same Administration with Musk (DOGE)Generally believes the SEC overregulates; Musk has referred to the SEC as “bastards”Commissioner Hester PeirceThe perennial dissenter (pre-Trump 2.0): Whenever the SEC would sue a crypto firm or fine a high-profile CEO, Peirce would release a blistering public letter explaining why the SEC was wrong, overreaching, and "paternalistic."Hester is the primary author of the Token Safe Harbor proposal, which essentially argues that tech companies should be allowed to operate for three years without any SEC oversight to "find their footing."Hester has long argued that the SEC's disclosure requirements are "bloated" and "immaterial." In her view, Musk's failure to file a 13D form for his Twitter stake wasn't a crime—it was a failure to comply with a "clunky, outdated bureaucracy.""In our purportedly enlightened era, we pin scarlet letters on allegedly offending corporations without bothering much about facts and circumstances... After all, naming and shaming corporate villains is fun, trendy, and profitable."The S&P 500, managed by S&P Global Dow Jones Indices, on Thursday, announced it was beginning consultation on rule changes that could potentially help Elon Musk-led SpaceX gain an expedited entry into the index. The rule changes include letting IPOs enter the index six months after their debut on an eligible index instead of a 12-month period, according to current rules.The index also proposed eliminating a minimum Investable Weight Factor (IWF) of 0.10 for megacap companies. The IWF is a methodology used to calculate the number of shares of a company available to trade on the market.Notably, the proposed rule changes also eliminate profitability requirements for megacap companies. Current rules require a company to be profitable on a GAAP basis for 12 months to be considered for the index, but that rule could be eliminated.S&P DJI only accepts feedback during the announced consultation open period, which is generally one calendar month following the consultation announcement. The Index Committee considers the complexity of the change and the desirable implementation timing in determining the open window for the consultation, which is generally aligned, if possible, with the index rebalancing schedule. WHO DO YOU BLAME?S&P Global CEO Martina L. Cheung (31% no on pay last year) DEI? That's all I haveS&P Global Chair Ian Livingston (Lord Livingston of Parkhead)Lord Livingston is also involved in a number of charities particularly in the fields of education, equality and social careLords are weird? That's all I haveThe Index CommitteeThe S&P 500 Index Committee is one of the most powerful and secretive groups in global finance. To prevent insider trading and front-running (where traders buy a stock because they know it's about to be added to the index), S&P Dow Jones Indices (S&P DJI) keeps the names of the individual committee members confidential.“To mitigate even the appearance of a conflict of interest... all Index Committee meetings are confidential. Membership of the Index Committee is not disclosed, and voting members consist of senior S&P DJI staff who have no commercial responsibilities”The Committee Members: Usually consists of about five to nine full-time employees of S&P Dow Jones Indices. Veto Power: Unlike other indices that use a rigid formula, this committee has discretionary authority. They can choose to ignore certain rules (like profitability) if they believe a company is representative of the U.S. economy.Who is probably partly on the Committee:Catherine Clay (CEO, S&P Dow Jones Indices): As the top executive, she oversees all index divisions. She joined in late 2025 with a mandate to modernize the indices for the digital and private-to-public era.Fiona Boal (Global Head of Equities): She oversees the entire equity index suite. Any proposal to change the "seasoning" or profitability rules for the S&P 500 goes through her office.Michael Orzano (Head of Exchange Products): He is the primary strategist for how major listings (like a $1.75T SpaceX IPO) integrate with the exchange-traded product (ETF) ecosystem.He was the lead strategist during the 2020 Tesla Inclusion, which was the most chaotic event in S&P historyHamish Preston (Head of U.S. Equities): He is the primary spokesperson for S&P 500 methodology. If the "SpaceX Rule" is adopted in June 2026, he will be the one explaining the technical justification to the media.Louis Bellucci (Head of Index Committee Management): As of 2026, he is the specific individual tasked with managing the various index committees and ensuring they follow the updated governance protocolsThe general concept of greed MMMM'Tone Deaf' Starbucks CEO Slammed for Justifying $10 Coffee as 'Affordable Premium Experience' - Niccol is so close to the human experience, he thought it was obviously “affordable” premium to pay $10 for a single cup of coffee. WHO DO YOU BLAME?Mike Sievert, Jorgen Knudstorp, Neal Mohan, and Brian NiccolAccording to Free Float knowledge database, the only four directors with base knowledge of marketing in their backgrounds - all direct from their education and bios46% of SBUX influenceRichard Allison, Neal Mohan, Andy Campion, Beth Ford, Mike SievertMembers of the pay committee that graciously granted Niccol $96m such that a $10 coffee is an “affordable premium experience” for Niccol aloneMeanwhile, CEO Pay Surges 11% While Workers' Wages Stagnate at 0.5% in 2025: Report.In the last 5 years, EVERY director at SBUX was tagged as a “bottom payer” for employees using bottom quartile employee median pay relative to peers as a flagAt the same time, SBUX tagged as mildly atypical overpay relative to other paying directors, and the board average 5 year CEO Pay ratio ranking in the BOTTOM QUINTILE - not only do they love paying their employees as little as possible, the couple it with massive pay packages for CEOs everywhere they goBeth Ford, Daniel Servitje, and Neal MohanAccording to Free Float deference numbers, which use how directors get paid, the prestige of the directorship, the overlaps/reliance on the CEO, and social ties to management, these three are the only ones on the board tagged as “Deferential”For instance, Mohan has directorships at Chrome Holding and Starbucks… which one is a bigger deal?These are directors with the most to lose by dissenting - and risking getting replaced - at this board in particularMike Sievert, Daniel Servitje, Marissa Mayer, Neal Mohan, Brian NiccolEstimates of each of their net worth is in excess of $100m, with Servitje part of the nepo Grupo Bimbo money (he's worth >$3bn)Mayer is the rare female fail up, with early Google and Yahoo money >$600mMohan got a $100m stock retention bonus in 2013 alone and is the CEO of YouTube, the ultimate in artist exploitation machineNeal Mohan, who is on every one of these lists DRBrian Niccol, for generating a record quarter, avoiding negotiating with the union, and calling $10 for roasted beans “affordable premium”Activists Protest Jeff Bezos at 2026 Met Gala with Symbolic 'Urine' Bottles - no one like Uncle Jeffe and his wife anymore!!! WHO DO YOU BLAME?Zohran MamdaniHe skipped the Met Gala??? This was his one chance to show he actually DOES love Ken Griffin!WorkersIf they just accepted that they will all be fired by AI robots and take what their tech billionaire overlords bequeath them generously, they wouldn't have to do this: While billionaires get ready for the Met Gala, their workers walk a different kind of runwayA protest fashion show by workers of Amazon, Whole Foods, Starbucks, Uber, organized by the SEIU and Amazon Labor UnionLauren Sanchez DRProfiled in the NYT saying the uber-rich should “stop apologizing” and “start enjoying themselves” - isn't always the wife's fault?Amazon's board of sycophantsLabelled as “Structurally Deferential” in Free Float data, 5 of the 12 directors have been with Bezos for over a decadeThe rest are almost entirely connected to the directors who have been there for more than a decade7 of the 12 directors tagged as bottom payers, 6 of them at just AmazonEVERY DIRECTOR has been flagged more than once for Human Rights violations across all boards they're on - literally they have overseen constant strings of human rights violationsUncle Jeffe - who still thinks you can buy things and make people like youGameStop is preparing offer for eBay, WSJ reports - the offer is for $56bn and would allow a failing brick and mortar video game company to buy a semi-failing 2000s internet auction company - WHO DO YOU BLAME?TD Bank directors Ana Arsov, Cheri Brant, Elio Luongo, Keith Martell, Frank Pearn, Paul Wirth - the TD risk committeeTD offered a “I guess so?” letter for financing coming in around $20bn in debt. That amount of debt would make these directors - who are only active on the GameStop board - among the most indebted in our databaseThe risk committee is: accountant, compliance officer, ex-bank CEO, accountant, lawyer, someone from Moody'sRoaring Kitty Keith GillIsn't this obviously all his fault?Last count, he has as many as 9m shares in GME in 2024…CEO Ryan CohenWhose deep experience selling pet food and video games has set him up to have just the ego to think he can run anything anywhereWho cares
Coinbase becomes a movie studio, Apple shows you the crew behind the commercial, and suddenly every brand is breaking the fourth wall just to prove the magic trick is real. This week, Toner and BTC Ankarino follow the signal through Finding Satoshi, gray-box AI, shiny Brian Armstrong stages, and the new media playbook where trust is manufactured one behind-the-scenes shot at a time.Meanwhile, Polymarket and Kalshi keep turning reality into a casino—soldiers betting on Maduro, airport thermometers getting hair-dried in Paris, and war maps settling million-dollar outcomes before anyone can say “premature payout.” Tether freezes $344 million like a private-state sanction machine, FinCEN and the OCC start building the next alphabet-soup enforcement stack, and stablecoins begin looking less like crypto rails and more like banks with better branding.Then it all gets weirder: Michael Saylor in Vegas, sovereign wealth funds circling media assets, Clarity Act dominoes, dream-state wearables, agentic sleep labor, and the terrifying question of who owns the billion-dollar idea your brain invents while you're unconscious. The world is becoming tokenized, surveilled, regulated, filmed, and bet on in real time.The casino is open. The truth layer has a thermostat. Better bring a battery-powered hairdryer.
My first interview with Brian Armstrong, Co-Founder and CEO of Coinbase.
We've curated a special 10-minute version of the podcast for those in a hurry. Here you can listen to the full episode: https://podcasts.apple.com/no/podcast/coinbase-ceo-the-future-of-crypto-machine-to/id1614211565?i=1000755887684&l=nbAre AI agents about to become the biggest users of crypto? Nicolai Tangen sits down with Brian Armstrong, co-founder and CEO of Coinbase — the largest crypto exchange in the US — to explore how digital assets are rewriting global finance. They discuss why stablecoins could grow 100x or even 1000x, how AI agents are already transacting on blockchain, and how Coinbase pushed back against crypto's political headwinds. Brian also shares his bold bet that longevity escape velocity is within reach — and why a few hundred years of living might not be science fiction. Tune in for an insightful conversation!In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday. The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Tobias Hyldmo and David Høysæther. Watch the episode on YouTube: Norges Bank Investment Management - YouTubeWant to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no)Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedInFollow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedInFollow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.
The Giving Pledge—founded by Bill Gates, Melinda French Gates, and Warren Buffett—is facing growing backlash as several high-profile billionaires distance themselves from the initiative amid renewed scrutiny over Gates' past association with Jeffrey Epstein. Critics, including Peter Thiel, have mocked the pledge as “Epstein-adjacent,” arguing that Gates' ties to Epstein have tainted the philanthropic effort and damaged its credibility. Some prominent figures, such as Brian Armstrong, have already stepped away, while others have reportedly reconsidered their involvement, viewing the initiative as politically driven and increasingly controversial.Beyond the Epstein-related criticism, the pledge is also under fire for lacking accountability and enforcement, since participants are not legally required to follow through on their commitments and can delay donations for decades. Critics argue that much of the pledged wealth sits in foundations or donor-advised funds rather than reaching active charities, raising questions about the program's real-world impact. While defenders of the pledge point to its global reach and hundreds of signatories, even insiders—including Melinda French Gates—have acknowledged that progress has been uneven and has fallen short of initial expectations.to contact me:bobbycapucci@protonmail.comsource:Billionaires bolt from Bill Gates' scandal-scarred Giving Pledge as critics brand it 'Epstein-adjacent'
Are AI agents about to become the biggest users of crypto? Nicolai Tangen sits down with Brian Armstrong, co-founder and CEO of Coinbase — the largest crypto exchange in the US — to explore how digital assets are rewriting global finance. They discuss why stablecoins could grow 100x or even 1000x, how AI agents are already transacting on blockchain, and how Coinbase pushed back against crypto's political headwinds. Brian also shares his bold bet that longevity escape velocity is within reach — and why a few hundred years of living might not be science fiction. Tune in for an insightful conversation!In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday. The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Tobias Hyldmo and David Høysæther. Watch the episode on YouTube: Norges Bank Investment Management - YouTubeWant to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no)Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedInFollow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedInFollow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.
The Giving Pledge—founded by Bill Gates, Melinda French Gates, and Warren Buffett—is facing growing backlash as several high-profile billionaires distance themselves from the initiative amid renewed scrutiny over Gates' past association with Jeffrey Epstein. Critics, including Peter Thiel, have mocked the pledge as “Epstein-adjacent,” arguing that Gates' ties to Epstein have tainted the philanthropic effort and damaged its credibility. Some prominent figures, such as Brian Armstrong, have already stepped away, while others have reportedly reconsidered their involvement, viewing the initiative as politically driven and increasingly controversial.Beyond the Epstein-related criticism, the pledge is also under fire for lacking accountability and enforcement, since participants are not legally required to follow through on their commitments and can delay donations for decades. Critics argue that much of the pledged wealth sits in foundations or donor-advised funds rather than reaching active charities, raising questions about the program's real-world impact. While defenders of the pledge point to its global reach and hundreds of signatories, even insiders—including Melinda French Gates—have acknowledged that progress has been uneven and has fallen short of initial expectations.to contact me:bobbycapucci@protonmail.comsource:Billionaires bolt from Bill Gates' scandal-scarred Giving Pledge as critics brand it 'Epstein-adjacent'Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
Cameron Robertson first discovered Bitcoin in 2009, after reading a post on hacker website Slashdot. About a year later, he started mining and mingling with other Bitcoin enthusiasts in the Silicon Valley area. More recently, he created a product named the Burner: an affordable, NFC-based card that enables anyone to gift, save, and spend their BTC within a simple browser-based and mobile-optimized interface. In this episode, we talk about the past, present and future of the Bitcoin project: including topics such as mining, open source development culture, and the quantum threat. Get 25% discount on your Burner card purchase with promo code ”BTCTKVR”: https://www.burner.pro/bitcoin Time stamps: 00:01:15 Introducing Cameron Robertson 00:02:45 Cameron's Bitcoin Origin Story 00:03:40 Early GPU Mining & Startup Life 00:04:46 Meeting with Brian Armstrong of Coinbase & Smart Locks 00:06:10 Evolution of the Crypto Ecosystem 00:07:20 Building Self-Custody Tools 00:08:30 Kong Cash: Physical Crypto Notes 00:10:25 Community Reactions to Physical Crypto 00:11:17 NFTs, Halos, and Physical Authentication 00:12:30 Offline Cash: Improved Bitcoin Notes 00:13:30 Denominations, Sats, and Psychological Value 00:15:30 Challenges of Issuing Physical Bitcoin 00:16:22 From Cash Notes to Burner Card 00:17:30 Web-Based Wallets & App Store Challenges 00:18:48 Bitcoin Banknotes & Physical Representations 00:21:01 Casascius, Legal Precedents & Coinage Laws 00:24:28 Mining, Spending, and Store of Value 00:28:22 Early Bitcoin Community & Mining Stories 00:30:02 Bitcoin as Money vs. Store of Value 00:32:07 Unit of Account Challenges 00:37:31 Development Culture: Then vs. Now 00:39:03 Silicon Valley, Meetups, and Early Builders 00:40:58 Money Changes Everything: 2013–2017 00:46:57 Bear Markets, Building, and Lightning 00:50:23 Future Risks: Mining, Quantum, and Hard Forks 00:54:44 Quantum Resistance: Migration and Hardware 00:56:52 Quantum Attacks: Practical Risks and Mitigations 01:03:20 Consensus, Upgrades, and Developer Culture 01:05:41 Ethereum vs. Bitcoin: Governance and Upgrades 01:14:57 Stablecoins, Sidechains, and Payments 01:18:03 Burner Card Demo & Security Model 01:22:36 Technical Details: Secure Element & Open APIs 01:25:49 Third-Party Wallets & Business Model 01:29:31 Supported Coins & Expansion Plans 01:32:44 Naming & Philosophy Behind Burner 01:34:38 Cameron's Non-Shitcoin Picks & Privacy Coins 01:40:08 Privacy vs. Scaling: ZK Tech & Future Hopes 01:44:31 ZK Apps & Privacy Onramps 01:47:24 16-Year Outlook: Bitcoin & Crypto's Future 01:53:29 No Price Predictions, Just Tech 01:53:37 Promo Code BTCTKVR & Closing Thoughts
Markets closed out the week balancing cooler inflation against renewed volatility in tech and AI. U.S. CPI rose 2.4% year-over-year in January, with core inflation falling to 2.5% — the lowest level since March 2021. While the report strengthens the case for potential Fed rate cuts, it follows a robust labor market update earlier in the week, keeping policy expectations finely balanced. Equities struggled, with the Nasdaq dropping 2% amid fresh AI disruption fears despite Anthropic raising $30 billion at a $380 billion valuation. Meanwhile, China posted a record $242 billion current account surplus in Q4 2025, highlighting export resilience despite weak domestic demand. Oil slipped on reports that OPEC+ may resume production increases in April. Gold rebounded after briefly falling below $5,000 per ounce. The yen is on track for its strongest week in a year versus the dollar. In crypto, Bitcoin remains stable week-over-week. Coinbase shares rose despite a Q4 earnings miss, even as reports surfaced that CEO Brian Armstrong has sold roughly $500 million in stock over the past nine months. Several crypto CEOs, including leaders from Ripple, Gemini, Uniswap, and Chainlink, have joined the CFTC advisory group. A volatile week wraps with inflation cooling — but crosscurrents in AI, geopolitics, and liquidity remain firmly in play.
Veteran bitcoin journalist Kyle Torpey joins the show to share his findings about Jeffrey Epstein's involvement in bitcoin. Subscribe to the Blockspace newsletter! Welcome back to The Blockspace Podcast! Today, veteran Bitcoin journalist Kyle Torpey joins us to talk about the explosive revelations for Bitcoin in the latest Epstein files. We explore Epstein's $3M stake in Coinbase and his intriguing meetings with the architect of the Bitlicense, Ben Lawsky. Kyle debunks conspiracy theories about Epstein hijacking Bitcoin Core and explains the real influence Epstein had on early startups and protocol development. We also touch on the Blocksize Wars, SegWit2x, and other surprising Bitcoin connections hidden in DOJ documents. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Epstein invested $3 million in Coinbase in 2014. * Epstein sold 50% of his Coinbase stake for $15M. * 90% of hashrate signed the New York Agreement. * Brian Armstrong wrote to investors about Segwit2x * Epstein met with Gavin Andresen in 2011 Timestamps: 00:00 Start 02:41 Epstein & Bitcoin highlights 06:05 Hard fork proposals 13:17 Ben Lawsky 15:44 Winklevoss 27:10 Knots 29:53 MIT 30:50 Both side on Blocksize Wars 33:29 Was Gavin influenced? 38:13 Vinny Lingham 44:48 Mining centralization
Brian Armstrong takes Bitcoin to the World Economic Forum as Davos wrestles with the visible unraveling of the old global order, putting the Bitcoin standard, stablecoin yield, and crypto market structure squarely in front of central bankers and political leaders. This episode walks through Armstrong's exchanges with European officials, Trump and the White House weighing in on legislation, growing pressure to strike a deal on market structure, and why the real fight now centers on stablecoin yield and DeFi protections as the industry pushes to get a bill across the finish line. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/@TheBreakdownBW Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownBW
(0:00) Intro (0:37) Coinbase CEO, Brian Armstrong on Crypto Adoption (38:51) Cerebras CEO, Andrew Feldman on Compute Power (1:18:50) Gecko Robotics CEO, Jake Loosararian on AI and Physical Robots This episode is sponsored by the New York Stock Exchange - a modern marketplace and exchange for building the future. It all happens at the NYSE. https://www.nyse.com/ Featuring Brian Armstrong (CEO, Coinbase), Andrew Feldman (CEO, Cerebras), and Jake Loosararian (CEO, Gecko), this conversation explores how AI is changing work, infrastructure, and productivity in real time- from the builders shaping what comes next. Follow Brian: https://x.com/brian_armstrong Follow Andrew: https://x.com/andrewdfeldman Follow Jake: https://x.com/jakeloosy Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Markets slide this week as Trump floats taking Greenland and tariff threats resurface, pushing investors toward gold. Ryan and David break down what Davos revealed about a shifting world order, why crypto finally had a real seat at the table, and the moments from Brian Armstrong and Larry Fink that framed Crypto versus Central Banks. Plus: the NYSE unveils a tokenized trading platform and whether it validates or co-opts DeFi, Farcaster and Lens are acquired as on-chain social hits a crossroads, and a Jefferies strategist drops Bitcoin over quantum fears. Finally, an update on the Clarity Act delay and the race for the next Fed chair. ---
This week the boys break down the Crypto Clarity Act's dramatic Senate markup with Coin Center's Peter Van Valkenburgh, covering developer liability concerns, tokenized securities language controversy, the banking industry's war against stablecoin yield. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. Tarun's out this episode, but we're joined by Peter Van Valkenburgh, Principal of Policy at Coin Center and one of the sharpest legal minds in crypto. This week, we're diving deep into the Crypto Clarity Act drama that has DC in chaos mode. What started as crypto's best shot at comprehensive regulation just hit a major roadblock when Coinbase pulled their support hours before the Senate markup. We'll break down the developer liability questions around "control" definitions, the tokenized securities language that has Brian Armstrong fired up, and the stablecoin yield restrictions that have banks and crypto companies at each other's throats. Peter gives us the inside scoop on what's really in this 200-page bill, why Polymarket odds crashed from 80% to 40%, and whether this legislative train wreck can still get back on track. Let's get into it. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights
Brian Armstrong debates with Bank of France governor at Davos. Coinbase CEO Brian Armstrong sparred with the Bank of France Governor at Davos, correcting him on Bitcoin's independence and pushing for a "Bitcoin Standard." Meanwhile, the U.S. Senate has indefinitely postponed the Clarity Act markup after Coinbase withdrew its support. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.