Podcasts about cefi

With an extensive experience in traditional money markets, Maple Finance was envisioned as an institutional capital marketplace which combines the transparency & capital efficiency of blockchains with the regulatory framework of TradFi. Unlike many DeFi protocols that require over-collateralized loans (e.g. Aave), Maple also specializes in under-collateralized lending, enabling greater capital efficiency for institutional borrowers. With over $6b in loans since its inception, Maple plans to further expand its offerings by including RWAs as collateral assets.Topics covered in this episode:Sid's backgroundThe vision behind Maple FinanceMaple's tech stackDeciding risk profilesOver-collateralized vs. under-collateralized loansAssets accepted as collateralDeploying to other blockchainsInstitutional appealManaging defaultsRWAConverging DeFi & TradFiBiggest challengesExciting upcoming trendsFuture roadmapCrypto correlation or decoupling?Episode links:Sid Powell on XMaple Finance on XSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus One: one of the largest node operators worldwide, trusted by 175,000+ accounts across more than 60 networks, Chorus One combines institutional-grade security with the highest yields at - chorus.oneThis episode is hosted by Friederike Ernst.

In today's episode, we're joined by Adam Reeds, CEO of Ledn, one of the largest retail Bitcoin lenders in the world. He breaks down how Bitcoin lending actually works, why CeFi is still thriving alongside DeFi, and what it really takes to never sell your Bitcoin again.~~~~~

On today's PRO Research Meeting, Kyle, Martin, and Jay break down the harsh reality of crypto: 99% of tokens are trash. From tokenomics to regulation, from DeFi's dominance over CeFi to the future of yield-bearing stablecoins, the team pulls no punches. They also dig into why investing in crypto today is like angel investing with worse odds, and why the real edge is in going deep and staying focused. If you want a no-BS look at where the space is headed, this is your blueprint.

Unser Partner Scalable Capital ist der einzige Broker, den du brauchst. Inklusive Trading-Flatrate, Zinsen und Portfolio-Analysen. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Aktien + Whatsapp = Hier anmelden. Lieber als Newsletter? Geht auch. Das Buch zum Podcast? Jetzt lesen. FreeNow geht an Lyft. Trump-Verluste gehen an NVIDIA, ASML und AMD. Heineken, Brunello Cucinelli und Sartorius performen. Der Mantra-Coin verliert alles und Block freut sich über Auradine. Vor Kurzem war YETI (WKN: A2N7XR) ein boomendes Business. Dann kam der Stanley Cup und das Ende von Corona. Kommt jetzt das Comeback? Krypto-Kredite sind ein schrumpfender Markt. Krypto-Kredite sind ein boomender Markt. Beides stimmt. Alles eine Frage von DeFi und CeFi. Nix verstanden? Wir klären auf. Diesen Podcast vom 17.04.2025, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

Staking is evolving fast—what's next? In this episode, we dive into the state of staking with Kean Gilbert from Lido DAO, exploring key trends, institutional adoption, and the balance between decentralized and centralized solutions. Questions we address include:  Can you provide an overview of the current state of staking and the key trends you see in the market? What differences do you see between the retail and institutional markets? What are the main differences between centralized and decentralized staking approaches? How is Lido supporting the needs of institutional clients? What are some of the latest market innovations in liquid staking, and how do they enable products like staked ETPs to bridge DeFi and TradFi? Can you explain the concept of stVaults introduced in Lido V3?What's new on the staking horizon? Read the disclaimer here: https://www.sygnum.com/disclaimer

In this episode, host Frank Chaparro is joined by M13 General Partner Latif Peracha and M13 Principal Mark Grace. The conversation explores the risks and opportunities presented by crypto's volatile liquid tokens, as well as the need for crypto founders to balance short-term liquidity with long-term potential when it comes to bootstrapping. OUTLINE 00:00 Introduction 01:17 Sponsor Shoutouts 03:40 Overview of M13 08:07 Generalist Crypto VCs 10:35 IPOs vs. ICOs 12:42 Token Volatility 18:32 Taking Profit 22:30 Opportunities in CeFi vs. DeFi 28:20 Regulatory Clarity & Innovation 31:17 Predictions & Closing Thoughts GUEST LINKS M13 - https://www.m13.co/ M13 on X - https://x.com/M13Company Latif Peracha on X: https://x.com/latifperacha Mark Grace on X: https://x.com/markwgrace This episode is brought to your by our sponsors: Fidelity - Explore Fidelity crypto careers today. Go to crypto.FidelityCareers.com to learn more. Uranium.io - Investing in uranium is now widely accessible. Visit uranium.io to learn more.

Are stablecoins too centralized? Is there a way to get high yields without sacrificing decentralization?In this episode of Web3 with Sam Kamani, I sit down with Jean from Smardex, live at Consensus 2025 in Hong Kong, to discuss how Smardex is pushing the boundaries of stablecoins with USDN—the first fully decentralized synthetic dollar.

Will Robinson, VP of Engineering at Coinbase, explores the company's expanding role in decentralized finance (DeFi), highlighting the launch of Bitcoin-backed USDC loans through Morpho and Coinbase's broader efforts to integrate DeFi solutions. He explains how Coinbase is working to connect centralized finance (CeFi) with DeFi by incorporating decentralized protocols while prioritizing security and regulatory compliance. Robinson also discusses the introduction of cbBTC as an alternative to WBTC, the company's approach to multi-chain development, and its plans for further DeFi integrations. Additionally, he addresses ongoing debates about Ethereum Layer 2 networks and their impact on the main chain, emphasizing the importance of improved cross-chain interoperability. He also provides insights into Coinbase's asset listing process, the role of meme coins in the crypto ecosystem, and the company's broader mission to support a more open and accessible financial system.Chapters00:00 - Intro: Will Robinson, VP of Engineering at Coinbase00:45 - Coinbase's expanding role in DeFi01:16 - Bitcoin-backed USDC loans powered by Morpho02:34 - How Coinbase enables BTC holders to access liquidity05:15 - Risks involved in Bitcoin-backed loans08:58 - Liquidation risks and loan-to-value ratios11:13 - Early demand and adoption of the product13:15 - cbBTC vs. WBTC: Why Coinbase launched its own Bitcoin wrapper18:47 - How cbBTC is issued and traded21:36 - Coinbase's approach to self-custody and wallets24:07 - The role of Coinbase Wallet in bridging CeFi and DeFi27:31 - Coinbase's long-term DeFi strategy and future integrations29:50 - Will DeFi become a mainstream part of traditional finance?33:51 - Coinbase's evolution from exchange to financial institution34:34 - The rise of Base: How Coinbase grew its Layer 238:28 - Are Layer 2s parasitic to Ethereum?49:08 - The role of meme coins in crypto and Coinbase's listing process54:20 - The future of on-chain finance and economic freedom✨ Check out our new website ✨https://thedefiant.io/

In this episode of the Verified Podcast by Bitcoin Suisse, dYdX Foundation CEO Charles d'Haussy discusses their journey from Ethereum to a sovereign chain, the evolution of DeFi, and his vision for the future of decentralized derivatives trading.The conversation explores recent market dynamics, regulatory shifts, and strategies for expanding DeFi adoption through strategic partnerships with CeFi platforms.

For episode 480, VP of Business Development at Orbs, Ran Hammer, joins Brandon Zemp to discuss how Orbs is leading the way in bringing CeFi level execution to DeFi, including recent integrations of their tech with PancakeSwap, SushiSwap + Quickswap, and a collaboration with Animoca Japan as validator nodes on their Orbs Network. Ran currently leads Business Development, Marketing and Communities for Orbs as well as being in charge of Legal and Compliance. Prior to joining Orbs and after specializing as a corporate lawyer in the fields of high-tech, venture capital and cross border M&A, Ran founded the blockchain, cryptocurrency and digital coin practice at GKH Law Offices and was established as one of Israel's leading blockchain law practitioners. ⏳ Timestamps: 0:00 | Introduction 1:06 | Who is Ran Hammer? 6:54 | What is Orbs? 9:07 | Layer 2 vs. Layer 3 11:21 | On-chain trading 14:56 | Use-cases 17:25 | Execution services 19:59 | Partnerships 23:08 | Orbs 2025 Roadmap 25:35 | Global dev interest

In today's episode Binance CEO Richard Teng joins Jason and Santi to dive behind the scenes of the world's largest crypto exchange. Richard reveals the untold story of how CZ recruited him, shares what it was like taking over during the $4.3B regulatory settlement, and explains how Binance maintains its aggressive edge while becoming the most regulated crypto exchange globally. They then explore their stringent listing process, geographic expansion strategy, views on DeFi vs CeFi, and what US politics means for crypto's next chapter. Thanks for tuning in! - - Start your day with crypto news, analysis and data from Katherine Ross and David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts Follow Richard: https://x.com/_richardteng Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - GEODNET's native token, GEOD, can be easily mined with a GEODNET Satellite Miner, presenting a unique opportunity to generate passive income. By setting up a GEODNET base station, you can join this groundbreaking Web3 ecosystem that is powering the future of AI and robotics. Join the revolution today and learn more at https://geodnet.com. - - Timestamps: (00:00) Intro (01:06) Recruited by CZ & Binance CEO Role (11:54) Binance Listing Process (16:33) Binance Product Line (23:25) Centralized vs Decentralized Balance (29:57) Geographic Priorities (37:53) GeodNet Ad (38:53) Evolution of Crypto Exchanges - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

In this conversation, Laszlo Szabo and Pierre Person, CEO and Co-founder of Usual, discuss the evolution of DeFi and the significant role of stablecoins within this ecosystem. Pierre shares his unique journey from a political career to entrepreneurship, emphasizing the importance of innovation in the stablecoin market. The discussion highlights Usual's approach to creating a stablecoin that aligns with the ethos of decentralization and value redistribution, contrasting it with existing models like Tether and Circle. The conversation also touches on the future of stablecoins, particularly in Europe, and the impact of regulation on the crypto landscape. In this conversation, Pierre Person discusses the future of European stablecoins, the regulatory landscape, and the challenges of building a successful crypto business. He emphasizes the importance of distribution strategies in both DeFi and CeFi, and shares insights on governance tokens and the need for a user-friendly approach to stablecoins. The discussion highlights the critical developments ahead for the crypto space and the potential for democratization of financial products. PODCAST INFO:

In this episode, our expert panel dives into the BTC rally (testing the critical $68k mark) and the strong inflows into US spot BTC ETFs. We also explore key developments such as the Unichain announcement (from Uniswap), the growth of Base across multiple metrics, and the Coinbase Q4 Guide to Crypto Markets report.Topics Covered:BTC ETF Inflows: How BTC's rally is influenced by ETF demand.Unlocks: Breaking down unlocks including TIA and EIGEN, and their potential market impact.Financing Market Trends: Zaid examines shifts in perpetual futures markets, funding rates, CME basis, liquidations, and other signs of leverage re-entering the market.CME & DeFi Funding: Exploring CME basis changes and funding rates in CeFi and DeFi sectors.Uniswap announces Unichain: What it is and what this means for liquidity migration and token-holder value.Q4 Crypto Report Highlights: Key takeaways on stablecoins, Ethereum, and Bitcoin L2s, and standout charts from our partners.Macro Insights: China's stimulus effects, US earnings, and Polymarket election odds' market impact.Onchain Trends: Base growth in TVL, DEX, and stablecoin volumes.Gaming Spotlight: “Off the Grid” (using Avalanche subnet) tops Epic Game Store charts.Be sure to like, subscribe, and check out the team's research for more insights.Host: Ben Floyd, Head of Execution ServicesPanelists:David Duong, Head of Institutional ResearchDavid Han, Research AnalystGeorg Toropov, CES SalestraderZaid Khan, Senior Prime Financing Sales TraderLinks:Q4 Guide to Crypto MarketsCoinbase Research

Enjoyed our podcast? Shoot us a text and let us know—because great conversations never end at the last word!This week on TezTalks Radio, we're joined by Stan Kozyakov, co-founder of Renora, a non-custodial SaaS platform that makes crypto investing easy through automation. Stan shares how Renora went from a personal project to a startup that's simplifying investment strategies for the crypto space.

Mario F. Pazos is the marketing lead at the memorably named GOAT Network, the first BTC L2 to offer a sustainable yield.  Why you should listen BTC serves as a store of value, offering fewer opportunities for yield generation compared to other cryptocurrencies, like Ethereum or stablecoins. This limited utility in DeFi applications has resulted in lower returns for BTC holders. BTC holders have serious concerns when their BTC moves to another chain. The security of Bridges and BTC Layer2 needs to be addressed given the limited functionalities of BTC scripts. GOAT Network aims to solve this via its decentralized sequencer, the key to GOAT network's fairness and censorship resistance. A native Bitcoin Script based Locking mechanism is also introduced to guarantee GOAT Network is immune to Long-Range Attacks. GOAT network's OCP(Optimistic Challenge Process) is built on BitVM2's permissionless bridge protocol and allows any computation off-chain to be verified on Bitcoin with Continuation techniques. Inspired by ZKM's proof network, splits the SNARK verifier into a group of subscripts, and the subscripts are committed by MAST and Taproot on Bitcoin. Decentralized sequencers create an open market to earn sustainable sequencer revenue (in BTC and GOAT Tokens). Sequencer revenue can be tokenized in order to trade and generate additional returns. BTC holders can lock BTC on L1 to mint goatBTC on GOAT BTC L2; goatBTC can be used for yield generation. GOAT token lockers earn additional goatBTC mint /redeem fees. More ways to generate sustainable yield via Defi, Cefi and Tradfi are on the way. Supporting links Stabull Finance GOAT Network Andy on Twitter  Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.  

A special episode recorded live at Token2049 in April 2024 with Giovanni Vicioso, Roger Bayston and Evgeny Gaevoy. Tune in to hear the panel share their thoughts on some of the biggest topics in the global crypto ecosystem in 2024, from the success of the Bitcoin ETF launch in the US and rising TradFi interest in RWA tokenization to how to fix crypto policy.  The panel also discusses: → How talent acquisition in crypto differs from other industries → What the future of decentralized finance looks like and how DeFi and CeFi could complement each other → Why building a cohesive regulatory framework for the global crypto ecosystem depends on collaboration and education A must-listen episode if you're interested in the conversations that institutional investors are having about crypto.   

Rachel Lin is Co-Founder and CEO of SynFutures. With a career that has spanned from traditional finance to Fintech to CeFi to DeFi, Rachel began her journey with Deutsche Bank's global markets division, specializing in derivatives. In 2020, Rachel co-founded SynFutures, which is a decentralized platform that aims to make crypto derivatives more accessible by allowing permissionless listing and trading of futures contracts on any assets. -- Follow Rachel on Twitter: @RachelLin_SF Follow SynFutures on Twitter: @SynFuturesDefi --   Follow us on the socials:   Twitter/X: @showcrypto TikTok: @showmethecrypto Instagram: @showmethecryptopodcast --   *Any financial compensation we receive will always be clearly identified as an advertisement or sponsored content. We don't accept payment to feature guests, and we don't accept payment to influence the coins/projects we discuss on Show Me The Crypto. Any ads will be clearly identified during the show, and information on our partners will be featured in the show notes.

On episode 404 of the BlockHash Podcast, CEO Maxim Galash joins Brandon Zemp to discuss Coinchange, a pioneering entity in the decentralized finance (DeFi) and cryptocurrency sectors. Maxim Galash is a serial entrepreneur, investor and advisor with over 15 years of experience building technology companies in FinTech, Blockchain and IT services. Max is currently CEO of the fast-growing DeFi Yield platform Coinchange.io, and a Board Member at wattum.io, flyshot.io, boxc.com and itmhouse.com. And now, standing at the helm of a dynamically growing company, Max and his team of outstanding experts through integrating Coinchange's Earn Product enable customers to optimally and effortlessly earn on their stablecoins, even in high-inflation scenarios. Coinchange's official motto is “Yield the impossible”. But it's not just a motto, it's the real-world actions we take every day, helping our customers achieve their financial goals and go beyond what's thought possible. ☕️ Become a BlockHash Member for Exclusive Perks:

Unique Divine is the co-founder and CEO of Nibiru, the user-centric layer-1 super chain that is paving the way to mainstream blockchain adoption through its exceptionally high throughput and parallel optimistic execution approach. Following its $8.5 million seed round in September 2022, co-led by the $1.6B+ AUM firm Tribe Capital, Republic Capital, Original Capital, and NGC Ventures, Nibiru secured an additional $12 million from venture firms, including Kraken Ventures, ArkStream, Tribe Capital, and others.Unique's expertise in decentralized financial services, blockchain, and smart contracts is preceded by a professional background primarily in applied machine learning, where he consulted as an AI engineer for startups and Fortune 500 companies with Insight Softmax.Unique financed his Physics and Computer Science degrees at Columbia University through earnings generated from algorithmic trading, combining transformers for processing historical sequences and reinforcement agents to make trading decisions. Following graduation, he worked as a data scientist for IBM before helping develop Sommelier, the blockchain protocol for executing automated trading strategies on-chain, where he was in charge of the team's data science division and led the development of DeFi trading strategies.In this conversation, we discuss:- Creating a new L1- L1 ecosystems- Fundraising for L1s - tough to find a niche- Increasing throughput- High-level overview of Nibiru — a new L1 blockchain valued at $100 million- 2024 Roadmap: Parallel Optimistic Execution, EVM-compatibility- Strategic expansion into the APAC region- Developing Sommelier for IBM- Hands on ecosystem- Venture-arms within the ecosystem- The integration of CeFi and DeFiNibiruWebsite: nibiru.fiX: @NibiruChainTelegram: t.me/nibiruchainUnique DivineX: @DivineNibirunLinkedIn: Unique Divine ---------------------------------------------------------------------------------  This episode is brought to you by PrimeXBT.  PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.   PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions.  Code: CRYPTONEWS50  This promotion is available for a month after activation. Click the link below:  PrimeXBT x CRYPTONEWS50

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. This week, Ethena was in the spotlight after the airdrop of ENA, its new governance token. Ethena's flagship product, the “synthetic dollar” USDe has amassed a $2 billion market cap in less than two months. Meanwhile, ENA's market capitalization sits around $1.4 billion, with a fully diluted valuation of $15.5 billion.  In this episode, Guy Young, founder of Ethena Labs, discusses the risks associated with Ethena, including custodial risks and counterparty risks to exchanges. Young also talks about the use cases of Ethena's governance token, and discusses the potential for Ethena to be integrated with DeFi and CeFi. Show highlights: An introduction to what Ethena is and how USDe works Why the team doesn't want to refer to USDe as a stablecoin, and prefers to use the term "synthetic dollar" What the risks of USDe are, including custody, counterparties, and smart contracts Why Guy is "pleased" with how the ENA airdrop went through How ENA will be used and what its role will be in the governance of Ethena Why Ethena is now onboarding Bitcoin as collateral Why Guy thinks that there's been an "exaggeration" regarding the situation with Maker and Aave Guy's response to the critics who say that Ethena is essentially Terra/Luna Whether USDe would only work in a bull market How the Ethena insurance fund works and what it aims to accomplish What's next for Ethena after onboarding Bitcoin, with Solana potentially being the next asset Thank you to our sponsors! Polkadot iTrustCapital Guest Guy Young, founder of Ethena Labs.  Previous appearance on Unchained: How Ethena's USDe Challenges Traditional Stablecoin Models Links Ethena:  Unchained: What Is Ethena's USDe Synethic Dollar? A Beginner's Guide Decrypt: Ethena Just Launched to a $1.2 Billion Market Cap: Here's What You Need to Know  Dust on Crust by Arthur Hayes Airdrop: Unchained: Airdrops From Wormhole and Ethena Labs Set to Inject $2.4 Billion Into Crypto Market This Week  Cointelegraph: Ethena will become highest revenue-generating crypto project — Delphi Labs CEO ENA Airdrop and Season 2: Sats Campaign  Learn more: What Is a Crypto Airdrop? A Beginner's Guide MakerDAO/Aave controversy:  The Block: MakerDAO proposes allocating $600 million worth of DAI into USDe and sUSDe The Defiant: DeFi Projects Clash After MakerDAO Adds Ethena's USDe As Collateral,  Comparisons to Terra's UST:  The Defiant: Ethena Stablecoin's 27% Yield is Triggering Terra-Induced PTSD Andre Cronje's thoughts on USDe Cointelegraph: Ethena Labs founder clarifies USDe stability amid high yield worries Learn more about your ad choices. Visit megaphone.fm/adchoices

Ethena's synthetic dollar, USDe, hit a $2 billion market cap in just seven weeks, raising eyebrows. Ethena Labs founder Guy Young explores the risks of reinventing the digital dollar.Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.This week, Ethena was in the spotlight after the airdrop of ENA, its new governance token. Ethena's flagship product, the “synthetic dollar” USDe has amassed a $2 billion market cap in less than two months. Meanwhile, ENA's market capitalization sits around $1.4 billion, with a fully diluted valuation of $15.5 billion. In this episode, Guy Young, founder of Ethena Labs, discusses the risks associated with Ethena, including custodial risks and counterparty risks to exchanges. Young also talks about the use cases of Ethena's governance token, and discusses the potential for Ethena to be integrated with DeFi and CeFi.Show highlights:An introduction to what Ethena is and how USDe worksWhy the team doesn't want to refer to USDe as a stablecoin and prefers to use the term "synthetic dollar"What the risks of USDe are, including custody, counterparties, and smart contractsWhy Guy is "pleased" with how the ENA airdrop went throughHow ENA will be used and what its role will be in the governance of EthenaWhy Ethena is now onboarding Bitcoin as collateralWhy Guy thinks that there's been an "exaggeration" regarding the situation with Maker and AaveGuy's response to the critics who say that Ethena is essentially Terra/LunaWhether USDe would only work in a bull marketHow the Ethena insurance fund works and what it aims to accomplishWhat's next for Ethena after onboarding Bitcoin, with Solana potentially being the next assetThank you to our sponsors! Polkadot | iTrustCapitalGuestGuy Young, founder of Ethena Labs. Previous appearance on Unchained: How Ethena's USDe Challenges Traditional Stablecoin ModelsLinksEthena: Unchained: What Is Ethena's USDe Synethic Dollar? A Beginner's GuideDecrypt: Ethena Just Launched to a $1.2 Billion Market Cap: Here's What You Need to Know Dust on Crust by Arthur HayesAirdrop:Unchained: Airdrops From Wormhole and Ethena Labs Set to Inject $2.4 Billion Into Crypto Market This Week CoinTelegraph: Ethena will become highest revenue-generating crypto project — Delphi Labs CEOENA Airdrop and Season 2: Sats Campaign Learn more: What Is a Crypto Airdrop? A Beginner's GuideMakerDAO/Aave controversy: The Block: MakerDAO proposes allocating $600 million worth of DAI into USDe and sUSDeThe Defiant: DeFi Projects Clash After MakerDAO Adds Ethena's USDe As Collateral, Comparisons to Terra's UST: Unchained: As Ethena's USDe Quickly Reaches $2 Billion in Market Cap, Some Wonder If It's as Risky as Terra's USTThe Defiant: Ethena Stablecoin's 27% Yield is Triggering Terra-Induced PTSDAndre Cronje's thoughts on USDeCointelegraph: Ethena Labs founder clarifies USDe stability amid high yield worries-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As the crypto bull market gets started, Alex Pack of Hack VC dives into why he thinks crypto is still so early and how his firm believes crypto and AI will intersect. Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.In this episode of Unchained, Alex Pack, managing partner at Hack VC. Pack discusses the firm's recent $150 million fundraise, the challenges of raising capital in a bear market, and the firm's focus on early-stage Web3 infrastructure. He also shares his thoughts on the intersection of crypto and AI, the future of DeFi, and the importance of security in the crypto space. Pack believes that the current infrastructure of crypto is still in its early stages and needs significant improvement before it can reach mainstream adoption. He also sees potential in the development of more secure smart contracts and the integration of AI into decentralized applications.Show highlights:How Hack VC was able to raise $150 million in a bear market, especially after the blowups of FTX, 3AC, and TerraAlex's interaction with SBF, whom he calls a "sociopath," and why he didn't invest in FTXHack VC's philosophy to "back hackers" in cryptoThe goals behind Zuzalu, the new community that resembles Balaji Srinivasan's idea of a network stateWhat the main focus of Hack VC's investments are, including scalability, AI, and DeFiWhy Alex believes that "we are still so early"How Alex believes crypto and artificial intelligence will intersect The role of AI agents and how to use them in decentralized applicationsWhy he thinks that EigenLayer is a great solution for middleware applicationsAlex's opinion on the modular vs. monolithic approach for scaling blockchainsHow DeFi survived the last bear market, contrasted with the collapses of CeFi companies like Celsius, BlockFi and FTXWhether algorithmic stablecoins can ever work and what Alex thinks of Ethena's USDeHow to improve security in crypto, according to AlexWhy the outcome of the Bitcoin ETFs exceeded Alex's expectationsWhat he believes the catalysts are for the next bull marketThank you to our sponsors! PolkadotGuest | Alex Pack, Managing partner at Hack VCPrevious appearances on Unchained:Dragonfly Capital on Why Ethereum Is So Far in the Lead‘The Last Big Whale': Why the Crypto Contagion of 2022 Eventually Hit GenesisLinks | New fundBloomberg: Hack VC Raises $150 Million for Bets on Battered Crypto Industry Hack VC Closes $150M Venture Fund I, Bringing AUM to $425MStablecoins:Unchained:What Is Ethena's USDe Synethic Dollar? A Beginner's GuideWhat Is Terra and Why Did It Fail?Why It's so Hard to Keep Stablecoins Stable What Is Depegging in Crypto and Why Does It Occur?What Is Real-World Asset (RWA) Tokenization? A Beginner's GuideEigenLayer ecosystemUnchained: What Is EigenLayer? A Guide to the Decentralized ETH Restaking ProtocolThe Block: AltLayer closes $14.4 million strategic round co-led by Polychain and Hack VCModular vs. monolithic approachUnchained: What Are Modular Blockchains? A Beginner's GuideThree Crypto Pioneers on Crypto's Monolithic vs. Modular DebateCrypto x AI crossoverio.net and Ritual Collaborate to Boost Global AI Compute Landscape Ritual x EigenLayer: Restaking for AIUnchained: 5 Use Cases of AI in BlockchainZuzaluDecrypt: I Spent a Month Inside Vitalik Buterin's Social Experiment—Here's What It Was Really Like-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. In this episode of Unchained, Alex Pack, managing partner at Hack VC discusses the firm's recent $150 million fundraise, the challenges of raising capital in a bear market, and the firm's focus on early-stage Web3 infrastructure. He also shares his thoughts on the intersection of crypto and AI, the future of DeFi, and the importance of security in the crypto space. Pack believes that the current infrastructure of crypto is still in its early stages and needs significant improvement before it can reach mainstream adoption. He also sees potential in the development of more secure smart contracts and the integration of AI into decentralized applications. Show highlights: How Hack VC was able to raise $150 million in a bear market, especially after the blowups of FTX, 3AC, and Terra Alex's interaction with SBF, whom he calls a "sociopath," and why he didn't invest in FTX Hack VC's philosophy to "back hackers" in crypto The goals behind Zuzalu, the new community that resembles Balaji Srinivasan's idea of a network state What the main focus of Hack VC's investments are, including scalability, AI, and DeFi Why Alex believes that "we are still so early" How Alex believes crypto and artificial intelligence will intersect  The role of AI agents and how to use them in decentralized applications Why he thinks that EigenLayer is a great solution for middleware applications Alex's opinion on the modular vs. monolithic approach for scaling blockchains How DeFi survived the last bear market, contrasted with the collapses of CeFi companies like Celsius, BlockFi and FTX Whether algorithmic stablecoins can ever work and what Alex thinks of Ethena's USDe How to improve security in crypto, according to Alex Why the outcome of the Bitcoin ETFs exceeded Alex's expectations What he believes the catalysts are for the next bull market Thank you to our sponsors! Polkadot Guest: Alex Pack, Managing partner at Hack VC Previous appearances on Unchained: Dragonfly Capital on Why Ethereum Is So Far in the Lead ‘The Last Big Whale': Why the Crypto Contagion of 2022 Eventually Hit Genesis Links New fund Bloomberg: Hack VC Raises $150 Million for Bets on Battered Crypto Industry  Hack VC Closes $150M Venture Fund I, Bringing AUM to $425M Stablecoins: Unchained: What Is Ethena's USDe Synethic Dollar? A Beginner's Guide What Is Terra and Why Did It Fail? Why It's so Hard to Keep Stablecoins Stable  What Is Depegging in Crypto and Why Does It Occur? What Is Real-World Asset (RWA) Tokenization? A Beginner's Guide EigenLayer ecosystem Unchained: What Is EigenLayer? A Guide to the Decentralized ETH Restaking Protocol The Block: AltLayer closes $14.4 million strategic round co-led by Polychain and Hack VC Modular vs. monolithic approach Unchained:  What Are Modular Blockchains? A Beginner's Guide Three Crypto Pioneers on Crypto's Monolithic vs. Modular Debate Crypto x AI crossover io.net and Ritual Collaborate to Boost Global AI Compute Landscape  Ritual x EigenLayer: Restaking for AI Unchained: 5 Use Cases of AI in Blockchain Zuzalu Decrypt: I Spent a Month Inside Vitalik Buterin's Social Experiment—Here's What It Was Really Like Learn more about your ad choices. Visit megaphone.fm/adchoices

This is my conversation with Rebecca Rettig and Michael Mosier. Rebecca is the Chief Legal and Policy Officer at Polygon Labs. Michael is cofounder of Arktouros and partner at Ex Ante.Timestamps:- 00:00:00 intro- 00:01:38 sponsor: Privy- 0:02:59 Rebecca's background, the Silk Road case, Aave, Polygon- 00:07:22 Michael's background, Department of Justice, FinCEN, Espresso Systems, the White House, ex/ante - 00:15:12 the current regulatory regime, Bank Secrecy Act, sanctions laws, miners/validators- 00:29:30 sponsor: Optimism- 00:30:40 genuine DeFi vs onchain CeFi, critical infrastructure- 00:44:54 Uniswap contracts, app vs protocol, wallet risk scoring, OFAC, Lazarus Group- 00:54:19 the Security Alliance (SEAL), white hats, working with the FBI- 01:08:04 why do this work, the ability to innovate in the US is a freedom- 01:12:13 crypto policy bootcamp- 01:14:00 outroThank you to our sponsors for making this podcast possible:Optimism - https://optimism.ioPrivy - https://privy.ioInto the Bytecode:Twitter -  https://twitter.com/sinahabFarcaster - https://warpcast.com/sinahabOther episodes - https://intothebytecode.comDisclaimer: this podcast is for informational purposes only. It is not financial advice or a recommendation to buy or sell securities. The host and guests may hold positions in the projects discussed.

Prolonged range bound markets are a hallmark of bearmarkets and they usually end up chopping inexperienced or over leveraged traders. Customised structured products offer a solution for market participants that want to limit their downside, but also the upside, by introducing knock-outs at certain levels or triggers. Such custom options, usually with lower probabilistic chances of occurring, naturally come at a discount. This allows traders to hedge their risk, while also betting on certain outcomes or market scenarios.We were joined by Zhiming Yang, co-founder of OrBit Markets, to discuss crypto derivatives and how TradFi expertise applies to customising structured products for crypto markets.Topics covered in this episode:Zhiming's background in investment bankingFX derivative productsExotic optionsCrypto structured productsCustom solutions for crypto minersHedging Uniswap V3 impermanent lossOptions based on prediction marketsManaging counterparty riskProtocolising structured productsDifferences between TradFi and DeFiEpisode links:Zhiming Yang on LinkedInOrBit Markets on TwitterOrBit Markets websiteSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.oneThis episode is hosted by Meher Roy. Show notes and listening options: epicenter.tv/535

Lex chats with Rachel Lin, the Co-Founder & CEO of SynFutures, a decentralized derivatives trading platform. Lin discusses her background in traditional finance and her transition into the fintech and cryptocurrency industry. She explains her experience working in structured derivative sales and trading at Deutsche Bank, where she interacted with clients such as hedge funds and corporates who used derivatives for speculative purposes, hedging, and arbitrage. Lin then moved to fintech company Alipay, where she learned about blockchain technology and became interested in the potential of decentralized finance. She later joined Matrixport, a centralized platform, before starting her own decentralized derivatives platform, SynFutures. Lin explains that decentralized platforms offer transparency and the ability for anyone to become a market maker or service provider, while centralized platforms require more configuration and rely on market makers. She also discusses the growth potential of decentralized derivatives and the current dominance of speculation in the crypto derivatives market. Lin believes that as digital economies grow, the usage of blockchain and derivatives for economic purposes will also increase.  MENTIONED IN THE CONVERSATION SynFuture's Website: https://bit.ly/3OCDRaa Topics: crypto, digital assets,  investment, blockchain, AMM, DeFi, CeFi, Liquidity, hedging, arbitrage, derivatives, perps, synthetic Companies: Synfutures, Alipay, Matrixport, DYDX, GMX, Synthetix, Deutsche Bank, Uniswap ABOUT THE FINTECH BLUEPRINT 

The co-authors of a new paper discuss how to block illicit activity without turning neutral software into financial institutions. Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.Trying to regulate DeFi is a huge challenge because in a truly decentralized system, there should be no centralized actors to make and enforce rules for. This could make combating illicit finance challenging since traditionally, regulation has been targeted at centralized intermediaries. Yet Rebecca Rettig, Chief Legal and Policy Officer at Polygon Labs; Michael Mosier, the co-founder of boutique law firm Arktouros; and Katja Gilman, senior lead for public policy at Polygon Labs, published a paper last week that proposes to do just that. Rettig and Mosier join Unchained to discuss what prompted them to write the paper, what the difference is between "onchain CeFi" and "genuine DeFi," how targeting high-risk wallets can be one part of the solution, how critical communications transmitters (CCTs) are another piece of the puzzle, and what next steps they are pursuing. Show highlights | The motivations behind their paper and Michael and Rebecca's legal backgroundsWhy Michael views the Bank Secrecy Act as outdated in the context of DeFiHow critical KYC and AML compliance is for the integrity of DeFiWhat Rebecca identifies as the principal risks in the DeFi sectorWhy their proposal target the protocol layer for effective DeFi regulationHow "onchain CeFi" differs fundamentally from "genuine DeFi"Whether a decentralized protocol can be effectively regulated when controlled by a DAOHow if DeFi were to be classified as critical infrastructure by the Cyber and Information Security Agency (CISA), it would impact the sectorWhether the critical components of blockchain networks, such as RPCs, can be regulated effectivelyHow categorizing wallets based on risk can be one part of the solution to fighting illicit financeWhy Rebecca considers Tornado Cash a prime example of “genuine DeFi”What steps Rebecca and Michael plan to take next following the publication of their paperThank you to our sponsors! Popcorn Network | Polkadot-Guests | Rebecca Rettig, Chief Legal and Policy Officer at Polygon LabsPrevious appearances on Unchained:Just a Coincidence? Coinbase and Polygon Lawyers See Bad Omens in SEC CrackdownKik's Surprising Move in Its Lawsuit With the SECMichael Mosier, cofounder of Arktouros PLLCLinks | Previous coverage of Unchained on the topic: Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So Full paper: Genuine DeFi as Critical Infrastructure: A Conceptual Framework for Combating Illicit Finance Activity in Decentralized FinanceRebecca's threadCoin Center: Broad, Ambiguous, or Delegated: Constitutional Infirmities of the Bank Secrecy ActTornado CashUnchained: Given the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?Illicit funds in crypto:Unchained: How Much Money Are Terrorists Actually Raising in Crypto?Rebecca Rettig, Chief Legal and Policy Officer at Polygon LabsMichael Mosier, Cofounder of Arktouros PLLC-Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Google Podcasts, Amazon Music, or on your favorite podcast platform. Trying to regulate DeFi is a huge challenge because in a truly decentralized system, there should be no centralized actors to make and enforce rules for. This could make combating illicit finance challenging since traditionally, regulation has been targeted at centralized intermediaries. Yet Rebecca Rettig, Chief Legal and Policy Officer at Polygon Labs; Michael Mosier, the co-founder of boutique law firm Arktouros; and Katja Gilman, senior lead for public policy at Polygon Labs, published a paper last week that proposes to do just that.  Rebecca and Michael join Unchained to discuss what prompted them to write the paper, what the difference is between "onchain CeFi" and "genuine DeFi," how targeting high-risk wallets can be one part of the solution, how critical communications transmitters (CCTs) are another piece of the puzzle, and what next steps they are pursuing.  Show highlights: The motivations behind their paper and Michael and Rebecca's legal backgrounds Why Michael views the Bank Secrecy Act as outdated in the context of DeFi How critical KYC and AML compliance is for the integrity of DeFi What Rebecca identifies as the principal risks in the DeFi sector Why their proposal targets the protocol layer for effective DeFi regulation How "onchain CeFi" differs fundamentally from "genuine DeFi" Whether a decentralized protocol can be effectively regulated when controlled by a DAO How if DeFi were to be classified as critical infrastructure by the Cyber and Information Security Agency (CISA), it would impact the sector Whether the critical components of blockchain networks, such as RPCs, can be regulated effectively How categorizing wallets based on risk can be one part of the solution to fighting illicit finance Why Rebecca considers Tornado Cash a prime example of “genuine DeFi” What steps Rebecca and Michael plan to take next following the publication of their paper Thank you to our sponsors! Popcorn Network Polkadot Guest: Rebecca Rettig, Chief Legal and Policy Officer at Polygon Labs Previous appearances on Unchained: Just a Coincidence? Coinbase and Polygon Lawyers See Bad Omens in SEC Crackdown Kik's Surprising Move in Its Lawsuit With the SEC Michael Mosier, cofounder of Arktouros PLLC Links Previous coverage of Unchained on the topic: Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So  Full paper: Genuine DeFi as Critical Infrastructure: A Conceptual Framework for Combating Illicit Finance Activity in Decentralized Finance Rebecca's thread Coin Center: Broad, Ambiguous, or Delegated: Constitutional Infirmities of the Bank Secrecy Act Tornado Cash Unchained: Given the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant? Illicit funds in crypto: Unchained: How Much Money Are Terrorists Actually Raising in Crypto? Learn more about your ad choices. Visit megaphone.fm/adchoices

Ilya is the Director of Digital Assets at Haruko. Haruko provides vertically integrated blockchain infrastructure and an all-in-one digital asset platform for institutional investors. Haruko's tech solution enables front and back-office teams seamless connectivity across CeFi exchanges and DeFi protocols, offering a detailed real-time view of all your digital asset exposures and risks.

Guy Young, the founder and CEO of Ethena, joins the show to talk crypto-backed stablecoins.  How Ethena began with an Arthur Hayes blog post The origins of synthetic stablecoins on Bitmex The difference between Hayes' Nakadollar and the Ethena design Why synthetic stablecoins have failed in the past and how Ethena addresses this How staked ETH as the underlying collateral opens up a new design space How Ethena mitigates their exposure to exchanges with off-exchange custody Guy's backstory and entrance into crypto Why the circumstances are favorable for the success of a synthetic stable today Why the short leg of the Ethena position has to rely on CeFi for now Where the yield from ETH positive funding ultimately comes from Limits to scale on Ethena on the short leg of the trade and ETH staking Guy's explanation for where the yield from being long ETH comes from Correlation dynamics between the ETH yield and the funding rate Why it's important that crypto yields are somewhat negatively correlated with tradfi yields What protects the system when funding flips negative? How the system can react to constraints in ETH funding and ETH staking The possibility of adding Bitcoin as a collateral type Why Ethena distinguished the stablecoin and the yield-bearing component Rebasing versus accruing yield tokens How they think about different stETH derivatives Ethena versus stETH-backed overcollat stablecoins Why the supply of stablecoins is shrinking Will major stablecoin issuers become interest bearing? Ethena's regulatory strategy The BUSD security analysis from the SEC and how interest bearing affects that Why end users deserve yield in exchange for taking on the counterparty risk of holding a stable Why Guy is excited by Paypal USD Guy's prediction for stablecoin interest-bearing market cap Further reading: Arthur Hayes, Dust on Crust

Zane Tackett is the former head of institutional sales at FTX. In this episode, Tackett recounts his experience working with Sam Bankman-Fried at FTX and explains how the exchange's terms of service blow a hole in SBF's criminal defense. Although SBF claims he is not guilty of fraud, Tackett says "it's obvious that he knew what he was doing." OUTLINE: 00:00 Introduction 03:32 FTX's Business Model 06:56 FTX's Balance Sheet 10:06 Michael Lewis: Going Infinite 11:14 The Real SBF 16:02 FTX 2.0 17:14 FTX Estate Asset Recovery 17:50 FTX Hacked Funds 19:06 Crypto's Capital Markets 20:54 CeFi vs. DeFI 23:07 Effective Altruism 26:04 SBF Trial 32:57 Closing Thoughts

In this informal chat, Sal catches up with his good friend and former colleague, Karim Helmy (@karimhelpme). A departure from our typical interview format, this chat covers a wider basket of topics from the perspective of someone who's expertise spans Bitcoin mining, MEV, on-chain data science, and markets infra. Topics of discussion include current market conditions, DeFi vs CeFi, Bitcoin, the rise of Friend.tech, his view on high-performance L1s, and bear market phenomena (among others). -        - Podcast Resources Follow Sal: https://twitter.com/Sal_The_Bull Follow Dave: https://twitter.com/SolBeachBum Follow Unlayered: https://twitter.com/UnlayeredPod Subscribe on Spotify, Apple, or Google: https://unlayered.io/ Clips on YouTube: https://www.youtube.com/@UnlayeredPod -        - Episode Resources Follow Karim Helmy : https://twitter.com/karimhelpme

Join Alex Tapscott and Andrew Young as they decode the world of DeFi with special guest Dean Skurka, President and CEO of WonderFi. Listen in as they discuss Dean's crypto journey, WonderFi's institutional and retail customer breakdown, its regulatory moat, ease of gaining approval on futures versus perps, CeFi exchanges integrating DeFi components, the role of centralized exchanges (CEXs) with evolving decentralized exchanges (DEXs), Canada's crypto regulatory approach, balancing staking support for various chains with risk mitigation, potential for a CAD-denominated stablecoin, and more!

Join Alex Tapscott as he decodes the world of DeFi with special guest Mauricio Di Bartolomeo, Founder and Chief Strategy Officer of Ledn. Listen in as they discuss Mauricio's incredible background and journey into crypto, moving to Canada and Ledn's development, its core business offerings, its supported cryptoassets for lending, role within the ecosystem, its Bitcoin price exposure risk, competitive environment of yield-paying products, customer base regional breakdown, CeFi vs DeFi future, expanding loan structures to incorporate reputation, and more!

Join Alex Tapscott and Andrew Young as they decode the world of DeFi. Listen in as they discuss Coinbase receiving approval to list crypto futures in the United States, their official launch in the Canadian market, the current cryptoexchange ecosystem within Canada, BitGo's $100M raise, Zynga's first-ever Web3 game, and more!

Aya Kantorovich is the co-CEO and co-founder of Fractal, which is an infrastructure provider enabling institutions to clear, settle, and margin digital asset trades on-chain. In today's podcast, Aya shares her founder journey at Fractal, the impact of the FTX collapse on institutional players, DeFi growth since many CeFi companies imploded, how Fractal is red-pilling institutions, as well as her prediction on how many institutions will be cosseting crypto and having tokens on the balance sheet in 5 to 10 years time and so much more. But first, Aya tells us about her crypto journey thus far.

Brian Quintenz is the Global Head of Policy at a16z crypto and a former commissioner at the U.S. Commodity Futures Trading Commission. In this episode, Quintenz explains how the SEC's failure to issue updated guidance for the crypto industry has created a legislative opportunity for clarity. According to Quintenz, "Congress needs to show the way by creating the framework that the SEC is refusing to contemplate." Outline: 0:36 Policy & regulation overview 2:43 Securities v. commodities 06:37 Registered securities 11:58 Special Purpose Broker-Dealers 14:49 a16z's policy uutlook 18:34 Ponzi schemes 21:31 CeFi regulation 27:16 Lummis x Gillibrand's crypto bill 30:30 Token decentralization 32:32 Legislative hurdles

Stablecoins represent the backbone of DeFi, allowing complex financial applications to be protected from external volatility. From fiat-backed to algorithmic, there are multiple approaches to issuing and backing stablecoins. While US regulations are looming over the crypto industry, Monerium released a fully regulated on-chain euro stablecoin, the EURe, enabling direct SEPA transfers, on- and off-ramp.We were joined by Sveinn Valfells, CEO of Monerium, to discuss the European E-Money Directive and how it set the ground for fully regulated on-chain currencies (EURe) built on top of SEPA.Topics covered in this episode:Sveinn's background and building MoneriumRegulated on-chain EUR and seamless SEPA on- and off-rampsHow electronic money regulation differs from MiCAWhat assets back EUReMonerium's business modelEURe's adoption compared with other stablecoins (USDC, USDT)Issuing other currencies on-chainCBDCs and the banking sectorChallenges of building on SEPAIBAN discriminationKYC limitationsDeFi and stablecoin backingReal world assets used as on-chain collateralEpisode links: Sveinn Valfells on TwitterMonerium on TwitterThis episode is hosted by Friederike Ernst & Sebastien Couture. Show notes and listening options: epicenter.tv/503

Public transaction history in blockchains represents one of their key features which, alongside immutability, aim to provide an alternative to CeFi. However, this transparency comes at a price: privacy. As a result, different solutions have been proposed, that preserve privacy while maintaining all the other benefits of blockchain technology, but there currently isn't a one-size-fits-all answer to this problem. For example, zero knowledge proofs convey the validity of a transaction batch without sharing any other details, but the underlying arithmetic circuits are both complex as well as computational intensive. Umbra proposes a system that relies completely on elliptic curve cryptography, employing multiple private-public key pairs to achieve stealth payments.We were joined by Ben DiFrancesco, founder & CEO of ScopeLift, to talk about Umbra's privacy preserving stealth token transfer system and if the need for privacy on blockchains outweighs any implicit UX frictions.Topics covered in this episode:Ben's backgroundUmbra's missionHow Umbra worksNon-interactive key distributionPotential solutions (& trade-offs) for Umbra's computational intensityGenerating private-public key pairs by the Umbra smart contractUser experience (UX) for senders and receiversFee structure for deterring griefing attacksHow Umbra works for ERC20 tokens & NFTsPrivacy preserving withdrawals from stealth addressesPrivacy vs. UX frictionSmart wallets & account abstractionPrioritising privacyEpisode links: Ben DiFrancesco on TwitterUmbra on TwitterScopeLift on TwitterThis episode is hosted by Friederike Ernst. Show notes and listening options: epicenter.tv/496

The end of 2022 and beginning of 2023 were marked by centralised institutions failing: from CEXes to CeFi itself, contagion spread quickly in over-leveraged and opaque entities. Amidst this chaos, (crypto)people turned their hopes, once again, to DeFi. However, in lack of traditional enforcing mechanisms, not even battle-tested decentralised lending protocols could find a solution to provide under-collateralised loans, aka credit. Mars Protocol, with its unique hub & outposts architecture, aims to answer this need in the Cosmos ecosystem, by deploying on Osmosis and tapping into its deep liquidity. From manual leverage to credit and yield farming, Mars will feature a wide suite of DeFi products.We were joined by Jose Macedo, founder of Delphi Labs, to discuss the history of Delphi Digital, their learnings from incubating projects and the vision behind Mars' ‘Red Bank' DeFi products.Topics covered in this episode:Jose's backgroundDelphi Digital's historyIncubating projects on Solana and TerraLearning from TerraThe vision behind Mars ProtocolMars' DeFi suiteDifferent risk parameters and collateralsMars' module architecture (outposts) in the Cosmos ecosystemHow Mars Protocol differs from OsmosisMars Protocol roadmap & Mars v.2Ecosystem acceleratorEpisode links: Jose Macedo on TwitterDelphi Labs on TwitterDelphi Digital on TwitterMars Protocol on TwitterAstroport on TwitterOsmosis on TwitterThis episode is hosted by Brian Fabian Crain & Felix Lutsch. Show notes and listening options: epicenter.tv/493

Today's guests are: Aya Kantorovich (Fractal), Steven McClurg (Valkyrie), Matthew Sigel (VanEck), and Matt Hougan (Bitwise). https://twitter.com/aya_kantor https://twitter.com/matthew_sigel https://twitter.com/matt_hougan https://twitter.com/stevenmcclurg ►►THE DAILY CLOSE BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.

After leaving his role as President of FTX.US late last year, Brett Harrison has moved on to become the Founder and CEO of Architect — a soon-to-be-released trading platform aiming to unify crypto's CeFi and DeFi capital markets. In this episode, Harrison discusses the market opportunities created by Silvergate's and Signature Bank's closures, as well as why his long-term vision is that "the trading of crypto looks very much like the trading of everything else." During this episode, Chaparro and Harrison also discuss: What pain-points Architect's product addresses Regulators' evolving views towards crypto How Harrison's relationship with SBF deteriorated This episode is brought to you by our sponsors Circle, Railgun, Flare Network About Circle Circle is a global financial technology company helping money move at internet speed. Our mission is to raise global economic prosperity through the frictionless exchange of value. Visit Circle.com to learn more. About Railgun Railgun is a private DeFi solution on Ethereum, BSC, Arbitrum and Polygon. Shield any ERC-20 token and any NFT into a Private Balance and let Railgun's zero-knowledge cryptography encrypt your address, balance and transaction history. You can also bring privacy to your project with Railgun SDK, and be sure to check out Railgun with partner project Railway Wallet, also available on iOS and Android. Visit Railgun.org to find out more. About Flare Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that can use data from other blockchains and the internet. By providing decentralized access to a wide variety of high-integrity data from other blockchains and the internet, Flare enables new use cases and monetization models. Build better and connect everything at Flare.Network.

BitMEX founder Arthur Hayes, fresh out of home confinement after settling charges with the U.S. government, joins “The Chopping Block” with Haseeb Qureshi, Robert Leshner, and Tarun Chitra. The early crypto pioneer pulls no punches in his assessment of SBF, TradFi's failings, and how crypto traders lost the plot in trusting CeFi middlemen. Show highlights:  why Arthur travels with stuffed animals, and what his favorite brands are what factors led Sam Bankman-Fried to success how Bill Clinton seems to be related to many multibillion-dollar downfalls whether everyone in crypto thinks that prices are eventually going up what's the thesis behind Maelstrom, Arthur's new investment arm why he's bullish on decentralization but also game to trade “dog shit” what the impact of Silvergate's failure will be on the crypto industry what would Arthur have done if he was the CEO of Silvergate the role of rising interest rates in understanding Silvergate's downfall why holding Tether's USDT is not so different from USDC why crypto needs alternatives to dollar-backed stablecoins the real reasons why the U.S. Treasury is worried about stablecoins Hosts Haseeb Qureshi, managing partner at Dragonfly  Tarun Chitra, managing partner at Robot Ventures Robert Leshner, founder of Compound  Guest Arthur Hayes, cofounder of BitMEX Twitter Medium Disclosures Links Unchained:  ​​Silvergate to Wind Down Operations in ‘Voluntary Liquidation' Silvergate Confers With FDIC to Avoid Closing Down: Report Silvergate Shuts Down Crypto Payments Network Bloomberg: Silvergate Had a Crypto Bank Run NYMAG: Arthur Hayes, the Original King of Crypto, Is Back. Arthur's posts:  White Boy Dust on Crust Learn more about your ad choices. Visit megaphone.fm/adchoices

Ahmed Ismail, a seasoned investment banker and tech-driven entrepreneur with 18 years of experience at major financial institutions such as Bank of America, Credit Suisse, and Jefferies, is now the CEO and President of FLUID, a liquidity aggregator that uses AI quant-based models to tackle fragmented liquidity in virtual asset markets. In today's episode of Tech Talks Daily, Ahmed discusses how AI can change the decentralized ledger and explains the benefits of using AI in the crypto market. We also talks about how liquidity aggregators could help manage market participants get through Black Swan events and the growing number of tech talent migrating to Web3. About Fluid: FLUID is the AI quant-based liquidity aggregator providing execution for CeFi and DeFi at high throughput, ultra-low costs, ultra-low latency, and zero counterparty risk. Many physical and digital assets will be tokenized in the future. FLUID intends to capitalize on the multi-trillion dollar tokenized market volume potential across spot, futures, derivatives, synthetics, STOs, tokenized assets and more. FLUID is driven by a seasoned senior team with diversified experience in tier one financial institutions such as Bank of America Merrill Lynch, Goldman Sachs, BNY Mellon, Citibank, Visa, and founders of leading regulated digital asset OTC trading desks, quantitative firms, and popular blockchain companies.

2022 has proven time after time that centralised entities are prone to multiple points of failure, intentional or not. Decentralised finance (DeFi) addresses these, but the user experience has often been lacklustre compared to that from centralised finance (CeFi). Exchanges are the backbone of any market, but high throughput is required in order to ensure that both makers and takers can proficiently use them. Decentralised exchanges have long faced issues due to bandwidth constraints native to blockchains, but recent L2 scaling solutions have provided a considerable increase in terms of throughput. For example, dYdX is currently the largest consumer of STARKs, but growing institutional and retail interest in derivative financial products urges for an even better alternative.We were joined by Antonio Juliano, founder & CEO of dYdX perpetual exchange, to discuss about the upcoming transition to dYdX V4 and what challenges decentralised exchanges have to face amidst technological bottlenecks and upcoming regulations.Topics covered in this episode:Antonio's background & timing productsdYdX product overviewPrice feed oraclesdYdX user demographics & UXDevelopment timeframes & taking risksOrder book vs. AMMBuilding a sovereign blockchain on CosmosThe challenges of decentralising order booksIBC integrations and composabilityCurrent state of scaling solutionsMigrating from dYdX V3 to V4 & token utilityDeFi vs. CeFiDeFi education & regulatory outreachEpisode links: Antonio Juliano on TwitterdYdX on TwitterdYdX exchangeThis episode is hosted by Brian Fabian Crain & Felix Lutsch. Show notes and listening options: epicenter.tv/479

Tune in to hear Ryan and David share their 2023 crypto predictions on all major areas of crypto: Bitcoin, Ethereum, prices, Alt L1s, L2s, NFTs, regulation, and so much more. Also, major-major-major Bankless alpha leak towards the end of the show that you will not want to miss. Trust, anon. For the last time this year, Happy New Year. ------ Osmosis | Your Gateway into the Cosmos Ecosystem www.osmosis.zone/bankless  ------ JOIN BANKLESS PREMIUM: https://newsletter.banklesshq.com/subscribe  ------ BANKLESS SPONSOR TOOLS: KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi  ------ Timestamps: 0:00 Intro 6:45 Bitcoin https://buybitcoinworldwide.com/halving/  https://nostr.com/  16:20 Ethereum https://twitter.com/protolambda/status/1608870249704861696  https://twitter.com/protolambda/status/1608870266582749191  https://twitter.com/protolambda/status/1608870312090955777  https://twitter.com/protolambda/status/1608870317430308865  https://ultrasound.money/  25:22 Prices https://www.kraken.com/prices/bitcoin?quote=usd&interval=1w  https://www.kraken.com/prices/ethereum?quote=usd&interval=1w  https://www.kraken.com/prices/ethereum?quote=btc&interval=1w  34:20 Alt L1s https://www.coingecko.com/en/categories/smart-contract-platform  40:10 L2s https://www.coingecko.com/en/coins/polygon  https://www.coingecko.com/en/coins/optimism  https://arbitrum.io/  https://www.coingecko.com/en/coins/starknet  https://l2beat.com/scaling/activity  https://twitter.com/ercwl/status/1609804900472619009  50:14 NFTs https://nftpricefloor.com/  58:24 CeFi 1:04:55 SEC + CFTC Standoff https://imgur.com/3ixtonT  https://www.cftc.gov/PressRoom/PressReleases/8590-22  https://www.coindesk.com/business/2022/12/13/us-judge-in-ooki-dao-trial-orders-cftc-to-serve-original-founders-with-lawsuit/  1:10:50 Bankless https://www.youtube.com/channel/UCCRxYlYOmLE2l5wxs3ckJtg  1:16:05 What Ryan and David are Bullish on 1:22:26 Closing & Disclaimers ------ Resources: Bankless 2023 Predictions https://newsletter.banklesshq.com/p/bankless-2023-predictions  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news.  Show topics: highlights of Sam Bankman-Fried's interview with the New York Times whether SBF knew what was going on in his companies, and how that impacts potential prosecution why Genesis and DCG are in financial trouble financial  whether Genesis will file for bankruptcy or go through a restructuring process revelations from BlockFi's bankruptcy filing new info on why FTX bailed out BlockFi last summer what is going on with Binance's recovery fund  how Avi Eisenberg tried to pull off an attack on Aave  how the banking industry works and whether Changpeng Zhao is the closest thing to a central bank in crypto how DeFi responds in a crisis, and how it contrasts with CeFi's recent implosions Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Tarun Chitra, managing partner at Robot Ventures Robert Leshner, founder of Compound  Tom Schmidt, general partner at Dragonfly Capital Episode Links FTX: Unchained: FTX Bankruptcy Overseer Says Company's Collapse Is Worst He's Ever Seen NYT: Sam Bankman-Fried's interview Bill Ackman's tweet Interview with Tiffany Fong Previous coverage of Unchained on FTX: Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion Is the Collapse of Crypto Lending Over, or Is It Just Starting? Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX? The Chopping Block: Why Lenders Didn't Liquidate Alameda When It Was Underwater  Erik Voorhees and Cobie on Why FTX Loaned Out Customers' Assets The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? Sam Bankman-Fried on How to Prevent the Next Terra and 3AC BlockFi:  Unchained: Crypto Lender BlockFi Files for Bankruptcy as FTX's Contagion Effects Continue Decrypt: FTX, Alameda Owe BlockFi More Than $1 Billion: Court Hearing Genesis: Ryan Selkis' tweet on Genesis Unchained:  Genesis Warns of Bankruptcy If Funding Plans Fail: Report On-chain Analysts ID 432 GBTC Addresses After Grayscale Says No to Proof-of-Reserves WSJ: Crypto Lender Genesis Asks Binance and Apollo for Cash Decrypt: Digital Currency Group Says No Imminent Threat Despite Owing Genesis $575M Previous coverage of Unchained on Genesis: Why Genesis Could Very Well Be Insolvent, Not Just Illiquid ‘The Last Big Whale': Why the Crypto Contagion of 2022 Eventually Hit Genesis DeFi Pancakeswap flipped Uniswap in TVL Unchained:  Mango Markets Exploiter Gets Liquidated But Leaves Aave With ‘Excess Debt' Aave Freezes 17 Low-Liquidity V2 Pools and Votes to Migrate 26 Assets to Ethereum V3 Compound Finance Slashes Borrow Caps for 10 Markets Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is sponsored by Nexo.io, Circle and FTX US. On this crypto recap episode, NLW looks at the latest news including: Binance Smart Chain exploit Celsius user data leak  MiCA regulation text finalization    - Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter's mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Boris Zhitkov/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Another week, another set of hacks for crypto. This episode is sponsored by Nexo.io, Circle and FTX US.On this crypto recap episode, NLW looks at the latest news including:Binance Smart Chain exploitCelsius user data leak MiCA regulation text finalization -Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io.-FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.-I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter's mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Boris Zhitkov/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ryan Selkis is the Founder of Messari. In this conversation, we discuss Grayscale's attempt to convert GBTC into an ETF, Crypto regulation, the Crypto contagion that has swept through the industry, the failure of CeFi platforms, where Crypto stands today, and Crypto & Politics going into the midterm elections. ======================= Bullish is a powerful new exchange for digital assets that offers deep liquidity, automated market making, and industry-leading security. Combining the innovations of DeFi with the regulated environment of traditional finance, Bullish empowers users to trade with certainty and earn passively at scale across variable market conditions, in an environment backed by multibillion-dollar liquidity contributions from the Bullish Treasury. Visit bullish.com/pomp today to learn more.   Note: Bullish is licensed by the Gibraltar Financial Services Commission. Virtual assets and related products are high risk. Consult your investment advisor and trade responsibly. Bullish is available in select locations only and not to U.S persons. Visit bullish.com/legal for important information and risk warnings. ======================= Since 2018 Copper has been at the forefront of institutional digital asset development.   From award winning custody solutions, to creating the first truly off-exchange settlement function, Copper pioneers technology, products, and services, in lock-step with a rapidly changing world.    No other infrastructure provider covers as many assets, across as many exchanges, with the speed and security that Copper can offer. To learn how Copper helps the world's largest institutional investors secure their digital assets, head over to copper.co   Copper - the unfair advantage. ======================= Coinchange is an automated wealth management platform that earns daily compounded yield for you. Earn up to 10% APY on a risk-mitigated basis – your payout doesn't depend on the volatility of the market and there are no lockups or minimums.  Register now at coinchange.io/pomp and get a welcome bonus of 40 USDC when you fund your account. =======================