POPULARITY
10 episodes with cross river bank
9 episodes with cross river bank
5 episodes with cross river bank
2 episodes with cross river bank
3 episodes with cross river bank
3 episodes with cross river bank
2 episodes with cross river bank
3 episodes with cross river bank
2 episodes with cross river bank
Fraudology is presented by Persona.In this episode of Fraudology, Karisse Hendrick and guest Austin Harris, fraud manager at Cross River Bank, explore the rapidly evolving world of AI-driven fraud. The conversation begins with a discussion of how easily accessible AI tools are transforming fraudulent activities, particularly in synthetic identity creation and account takeovers. Austin shares his firsthand experience with these tools and emphasizes the challenges they pose for fraud detection. The episode then shifts to the changing regulatory landscape and its potential impact on fintech companies and traditional banks. Karisse and Austin examine how relaxed regulations might affect risk appetites and the potential consequences for the financial industry. They also discuss the importance of proactive fraud prevention measures and the need for fraud investigators to voice their concerns about emerging trends. The conversation touches on the role of vendors and tools in keeping up with the latest fraud techniques, as well as the challenges fraud leaders face in balancing risk and growth. Tune in to gain a deeper understanding of the complex interplay between AI, fraud, and regulation in the financial sector.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.
In this episode, I had the chance to speak Current's cofounder and CTO, Trevor Marshall, and Cross River Bank's Head of Strategy and Development, Hillel Olivestone. We had the chance to talk about:* Why Current decided to build its own tech stack & what it's enabled the company to do* How Current and Cross River think about the “buy vs. build” debate* The “jobs to be done” addressed by Current's Build Card* Current's latest Datos Insight case study* The beauty and resiliency of ACH flat files (yes, really)* And more! Get full access to Fintech Business Weekly at fintechbusinessweekly.substack.com/subscribe
What would Rabbi Sacks say? Here is second part of the two-part series, "Career Advice from Rabbi Sacks", in which Shtark Tank explores the timeless wisdom from Rabbi Jonathan Sacks zt"l and how his teachings can inspire and guide Bnei Torah navigating the modern workforce. Part 2 of the Rabbi Sacks series discusses: * Money and Happiness * Balancing Work and Family * Tzedaka * Hope During Difficult Times Rabbi Sacks was a towering intellectual with a global following, addressing some of the most pressing issues of our time—religious violence, morality, God and science, and more. In honor of his yahrtzeit, we delve into his profound insights, uncovering how they directly relate to the challenges and opportunities of balancing a Torah-centred life with career ambitions. In this episode: (00:00) Intro (01:50) Money and Happiness (21:40) Work and Family (31:07) Tzedaka (39:50) Messages of Hope You will hear personal reflections from Rabbi Sacks's talmidim—those influenced from afar and those privileged to gain access to his inner world. You will also listen to Rabbi Sacks in his own words, thanks to the incredible resources provided by the Rabbi Sacks Legacy website. Whether you're looking for practical career guidance or inspiration for integrating Torah values into your professional life, this series offers a unique perspective from one of the greatest thinkers of our time. Resources Mentioned: - www.RabbiSacks.org (A treasure trove of content, including writings, audio, and video, carefully curated for easy access.) - Facing the Future Without Fear, Together (TedTalk from Rabbi Sacks in 2017) https://rabbisacks.org/videos/facing-the-future-without-fear-together-ted-talk-at-ted2017/ - Restoring the Common Good in Divided Times (A keynote address at the Legatum Institute in 2020) https://rabbisacks.org/videos/restoring-the-common-good-in-divided-times/ - Happiness in the Jewish Perspective (Lecture at Emory University in 2010) https://rabbisacks.org/videos/happiness-in-the-jewish-perspective/ - The Birth of Hope (2019 Covenant and Conversation piece on parashat Bechukotai) https://rabbisacks.org/covenant-conversation/bechukotai/the-birth-of-hope/ - Agents of Hope (2003 BBC programme made with Rabbi Sacks) https://rabbisacks.org/videos/bbc-rosh-hashanah-programme-2003/ Guest Bios: Rabbi Jonathan Sacks ZT"L Renowned Jewish thinker, writer, and speaker, Rabbi Jonathan Sacks zt"l served as Chief Rabbi of the United Kingdom and Commonwealth. His legacy includes profound insights on faith, leadership, and morality that resonate far beyond the Jewish world. Gilles Gade Founder, Chairman, and CEO of Cross River Bank, Gilles Gade is a visionary in the fintech industry, blending innovation with traditional banking to create cutting-edge financial solutions. Alan Sacks is a partner at Herzog Fox & Naaman. Dr. Erica Brown is a scholar, educator, and author, known for her thought-provoking works on Jewish leadership and education. She is the Vice Provost for Values and Leadership at Yeshiva University, and the Director of the Rabbi Lord Jonathan Sacks-Herenstein Center for Values and Leadership at YU. You can check out her upcoming book Join the Whatsapp Group! If you enjoy Shtark Tank, check out their Quiet WhatsApp group, which includes updates, exclusive bonus content and more. Join the WhatsApp group using this link: https://chat.whatsapp.com/B5jEcBP5umZAHWk2ILBWTS
Make sure to check out Rabbi Sacks Koren publications Click Here for Part 1 What would Rabbi Sacks say? In this two-part series, Career Advice from Rabbi Sacks, we explore timeless wisdom from Rabbi Jonathan Sacks z"l and how his teachings can inspire and guide Bnei Torah navigating the modern workforce. Rabbi Sacks was a towering intellectual with a global following, addressing some of the most pressing issues of our time—religious violence, morality, God and science, and more. In honor of his yahrtzeit, we delve into his profound insights, uncovering how they directly relate to the challenges and opportunities of balancing a Torah-centered life with career ambitions. In this episode: (00:00) Intro (01:50) Money and Happiness (21:40) Work and Family (31:07) Tzedaka (39:50) Messages of Hope You will hear personal reflections from Rabbi Sacks's talmidim—those influenced from afar and those privileged to gain access to his inner world. You will also listen to Rabbi Sacks in his own words, thanks to the incredible resources provided by the Rabbi Sacks Legacy website. Whether you're looking for practical career guidance or inspiration for integrating Torah values into your professional life, this series offers a unique perspective from one of the greatest thinkers of our time. Resources Mentioned: Rabbi Sacks Legacy Website – A treasure trove of content, including writings, audio, and video, carefully curated for easy access. How we can face the future without fear, together | Rabbi Lord Jonathan Sacks TED Talk Happiness in the Jewish Perspective Restoring the Common Good in Divided Times The Birth of Hope Agents of Hope (2003) Guest Bios Rabbi Jonathan Sacks ZT"L Renowned Jewish thinker, writer, and speaker, Rabbi Jonathan Sacks zt"l served as Chief Rabbi of the United Kingdom and Commonwealth. His legacy includes profound insights on faith, leadership, and morality that resonate far beyond the Jewish world. Gilles Gade Founder, Chairman, and CEO of Cross River Bank, Gilles Gade is a visionary in the fintech industry, blending innovation with traditional banking to create cutting-edge financial solutions. Alan Sacks is a partner at Herzog Fox & Naaman. Dr. Erica Brown is a scholar, educator, and author, known for her thought-provoking works on Jewish leadership and education. She is the Vice Provost for Values and Leadership at Yeshiva University, and the Director of the Rabbi Lord Jonathan Sacks-Herenstein Center for Values and Leadership at YU. You can check out her upcoming book Morning Has Broken: Faith After October 7th Join Our Whatsapp Group! If you enjoy Shtark Tank, you don't want to miss our Quiet Whatsapp group, which includes updates, exclusive bonus content and more. Click Here to join.
What would Rabbi Sacks say? In this two-part series, 'Career Advice from Rabbi Sacks', Shtark Tank explores timeless wisdom from Rabbi Jonathan Sacks zt"l and how his teachings can inspire and guide Bnei Torah navigating the modern workforce. Rabbi Sacks was a towering intellectual with a global following, addressing some of the most pressing issues of our time - religious violence, morality, God and science, and more. As his yahrzeit approaches, we delve into his profound insights, uncovering how they directly relate to the challenges and opportunities of balancing a Torah-centred life with career ambitions. In this episode: Discover how Rabbi Sacks's wisdom on this very topic is at the heart of one of his most popular books. Hear personal reflections from Rabbi Sacks's talmidim—those influenced from afar and those privileged to gain access to his inner world.Listen to Rabbi Sacks in his own words, thanks to the incredible resources provided by the Rabbi Sacks Legacy website. Whether you're looking for practical career guidance or inspiration for integrating Torah values into your professional life, this series offers a unique perspective from one of the greatest thinkers of our time. Guest Bios: Rabbi Jonathan Sacks zt"l Renowned Jewish thinker, writer, and speaker, Rabbi Jonathan Sacks zt"l served as Chief Rabbi of the United Kingdom and Commonwealth from 1991 until 2013. His legacy includes profound insights on faith, leadership, and morality that resonate far beyond the Jewish world. Gilles Gade Founder, Chairman, and CEO of Cross River Bank, Gilles Gade is a visionary in the fintech industry, blending innovation with traditional banking to create cutting-edge financial solutions. Alan Sacks Alan Sacks is the youngest bother of Rabbi Sacks and a partner at Herzog Fox & Naaman. Dr. Erica Brown Dr. Erica Brown is a scholar, educator, and author, known for her thought-provoking works on Jewish leadership and education. She is the Vice Provost for Values and Leadership at Yeshiva University, and the Director of the Rabbi Lord Jonathan Sacks-Herenstein Center for Values and Leadership at YU. You can check out her upcoming book 'Morning Has Broken: Faith After October 7th' in paperback from December (https://www.amazon.com/Morning-Has-Broken-Faith-October/dp/1592646832).
For a limited time, you can enjoy 20% off Rabbi Sacks Koren publications What would Rabbi Sacks say? In this two-part series, Career Advice from Rabbi Sacks, we explore timeless wisdom from Rabbi Jonathan Sacks z"l and how his teachings can inspire and guide Bnei Torah navigating the modern workforce. Rabbi Sacks was a towering intellectual with a global following, addressing some of the most pressing issues of our time—religious violence, morality, God and science, and more. As his yahrtzeit approaches, we delve into his profound insights, uncovering how they directly relate to the challenges and opportunities of balancing a Torah-centered life with career ambitions. In this episode: Discover how Rabbi Sacks's wisdom on this very topic is at the heart of one of his most popular books. Hear personal reflections from Rabbi Sacks's talmidim—those influenced from afar and those privileged to gain access to his inner world. Listen to Rabbi Sacks in his own words, thanks to the incredible resources provided by the Rabbi Sacks Legacy website. Whether you're looking for practical career guidance or inspiration for integrating Torah values into your professional life, this series offers a unique perspective from one of the greatest thinkers of our time. Resources Mentioned: Rabbi Sacks Legacy Website – A treasure trove of content, including writings, audio, and video, carefully curated for easy access. Kiddush Hashem in a Complicated World | Video | The Rabbi Sacks Legacy Power or Influence? | Beha'alotecha | Covenant & Conversation | The Rabbi Sacks Legacy The Legacy of the Lubavitcher Rebbe | Video Guest Bios Rabbi Jonathan Sacks ZT"LRenowned Jewish thinker, writer, and speaker, Rabbi Jonathan Sacks zt"l served as Chief Rabbi of the United Kingdom and Commonwealth. His legacy includes profound insights on faith, leadership, and morality that resonate far beyond the Jewish world. Gilles GadeFounder, Chairman, and CEO of Cross River Bank, Gilles Gade is a visionary in the fintech industry, blending innovation with traditional banking to create cutting-edge financial solutions. Alan Sacks Alan Sacks is a partner at Herzog Fox & Naaman. Dr. Erica BrownDr. Erica Brown is a scholar, educator, and author, known for her thought-provoking works on Jewish leadership and education. She is the Vice Provost for Values and Leadership at Yeshiva University, and the Director of the Rabbi Lord Jonathan Sacks-Herenstein Center for Values and Leadership at YU. You can check out her upcoming book Morning Has Broken: Faith After October 7th Join Our Whatsapp Group! If you enjoy Shtark Tank, you don't want to miss our Quiet Whatsapp group, which includes updates, exclusive bonus content and more. Click Here to join.
Fraudology is presented by Sardine.In this episode of Fraudology, host Karisse Hendrick talks with Austin Harris, senior fraud analyst at Cross River Bank and host of the renamed podcast "Fraud Cases Unleashed." They delve into the differences between intricate frauds of the past and the simpler, quantity-over-quality frauds of today, largely driven by system vulnerabilities and trends spread via social media. Harris shares a basic yet illustrative case of credit card fraud and discusses the generational perspectives on fraud, stressing the importance of work-life balance, especially in a high-stress industry prone to burnout. The conversation also addresses the "fraud triangle" theory, shedding light on the motivations and opportunities that lead individuals, particularly from Gen Z, to commit fraud.Tune in for an insightful discussion on how the landscape of fraud has evolved, the impact of social media on scam trends, and the significance of maintaining a purpose-driven approach to work in fraud prevention.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.
Today's show is our special 500th episode of the Fintech One-on-One podcast. Rather than do a retrospective or a look back at some highlights from the last 11 years of interviews what I decided was to do my regular interview but with a fintech pioneer. I wanted a big name so I was delighted when the CEO and Founder of Cross River Bank, Gilles Gade, decided to join me.I first interviewed Gilles (along with Adam Goller) on the show way back in Episode 32 in March 2015. A lot has changed since then as Cross River Bank has become a market leader in Banking-as-a-Service (BaaS) and they have expanded way beyond their initial focus on marketplace lending.A lot has happened in the BaaS space over the last year and we discuss this in depth as Gilles shares his thoughts on the past, present and future of bank-fintech partnerships. And much more.Enjoy episode 500!In this podcast you will learn:The origin story of Cross River Bank.How Cross River has been able to stay as a leader in the fintech lending space for over a decade.The staggering numbers of loans that have flowed through Cross River.How they expanded beyond the lending space.How they developed their payments capabilities.Why they moved away from the core providers to develop their own banking core.The points he was making in his recent American Banker op-ed.The lessons learned from the recent challenges in the BaaS space.Gilles' thoughts on the higher bar now required to work with a BaaS bank.What was behind their decision to start an investment bank earlier this year.The scale that Cross River Bank is at today.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
In This Episode Consent orders are dropping with increasing frequency. Historically consent orders were viewed as failing grades. It's no surprise that bankers are a breed that don't respond well to failing grades, it is the credit mentality around loss avoidance that leads to an overly developed risk-mitigation culture. Doing new things, by definition, requires taking on risk at some level. In this episode, Jason Henrichs is joined by guests Gilles Gade, Founder & CEO, Cross River Bank, Phil Goldfeder, CEO, American Fintech Council, Clayton Mitchell, Managing Principal, Crowe Risk Consulting, and Mandi Simpson, Partner, Lead Accounting Advisory team at Crowe as they dive into the critical topic of organizational resilience for banks in the wake of receiving a regulatory consent order. Together they explore how financial institutions can not only comply with regulatory requirements but also use this challenge as an opportunity to strengthen their operations and culture. Spoiler Alert: Lots of great quotes in this episode!
Your credit report is like your financial report card: it can really affect your financial future if you're not acing your credit score. Today, a Money Rehabber who isn't happy with their credit score calls up Nicole to get a strategy to improve it. The result? Nicole shows her a tool that could raise her low credit score by an average of 21 points in just three days. Join today's Money Rehabber and give your credit score some love! If your credit score is 619 or lower, you can sign-up for Credit Builder from Intuit Credit Karma by visiting creditkarma.com/moneyrehab. Credit Karma is a sponsor of this podcast episode. Credit Builder plan is serviced by Credit Karma Credit Builder and requires a line of credit and savings account provided by Cross River Bank, Member FDIC. Learn more at creditkarma.com/moneyrehab.
Fraudology is presented by Sardine.In this episode of Fraudology, Karisse Hendrick welcomes Austin Harris, Fraud Investigations Manager at Cross River Bank and host of the "Fraud Files Unleashed" podcast, to discuss the motivations behind fraud and the complexities of interviewing perpetrators. Austin delves into the evolving landscape of fraud driven by technology and social media, and the importance of collaboration between banks, law enforcement, and merchants to tackle these sophisticated schemes. They also address the burnout faced by fraud investigators and the power of passion and networking in making a significant impact. Tune in for an insightful conversation on the fight against fraud and the drive to help the helpless.To connect with Austin Harris on LinkedIn:https://www.linkedin.com/in/%E2%98%95%EF%B8%8F-austin-harris-cfe-cfci-32108118b/To listen to Fraud Files Unleashed on Apple:https://podcasts.apple.com/gb/podcast/fraud-files-unleashed/id1725901593To listen to Fraud Files Unleashed on Spotify: https://open.spotify.com/show/0LBUuzgMeyXK8PEgYcZAFR#:~:text=Welcome%20to%20Fraud%20Files%20Unleashed,dangers%20and%20intricacies%20of%20fraud.Fraudology is hosted by Karisse Hendrick, a fraud fighter with decades of experience advising hundreds of the biggest ecommerce companies in the world on fraud, chargebacks, and other forms of abuse impacting a company's bottom line. Connect with her on LinkedIn She brings her experience, expertise, and extensive network of experts to this podcast semi weekly, on Tuesdays and Thursdays.
In this episode of Accrued, a Fintech Confidential series presented by LoanPro. Host Tedd Huff and Co-Host Nate Bray sit down with Anthony Peculic, Head of Cards and BaaS at Cross River Bank, to discuss the shifting dynamics of the Fintech world. They chat about the hurdles and prospects current banks face, along with the future of financial services that are integrated directly into everyday tools and applications. This discussion also covers how laws and regulations affect fintech companies and the importance of banks working closely with them to ensure regulatory standards are met.The trio goes into detail about how banks are adapting to changes in interest rates and customer habits, underlining the need for banks to collaborate rather than just sell services. They also talk about Cross River's unique operating system (COS), designed to tackle these challenges and offer creative solutions that make handling finance easier for businesses and consumers alike.Throughout the conversation, the importance of data and artificial intelligence is emphasized, showcasing how these tools help tailor financial solutions to individual needs, making them more useful and effective. The episode wraps up with insights on how financial institutions are increasingly relying on technology to stay relevant and helpful to their customers.By the end, viewers will gain a deeper understanding of how finance is becoming more integrated with technology and what this means for the future of banking and customer interactions. This is a must-watch for anyone interested in the development of banking and finance management technology.Key Highlights:How regulations are shaping the finance sector and what that means for the future.The significant role open communication plays in adapting to new rules.Why understanding changes in interest rates is essential for managing financial strategies.The evolving role of banks from mere service providers to active partners in financial innovation.The critical impact of technology on improving banking services and customer interactions.How banks are shifting strategies to better support and understand consumer needs.The benefits of incorporating artificial intelligence to customize financial experiences.The flexibility of new banking systems that allow for more robust support and integration.The growing importance of data in crafting personalized banking solutions.Predictions on how the interaction between brands and financial services will continue to evolve, creating a more connected experience.Top Five Takeaways:1️⃣ Regulations Unveiled: Stay Ahead of the Game!Anyone in the finance sector must stay informed about regulatory changes. Understanding these changes can help you adapt your strategies to remain compliant and effective. 2️⃣ Open Doors with Regulators: Communication is Key!Keeping an open line of communication with regulators can significantly ease navigating new financial landscapes. This proactive approach helps ensure that your operations align with current laws.3️⃣ Tech in Finance: The New Frontier!Recognizing the importance of technological advancements in banking can give you a competitive edge. Technologies that enhance customer interaction and streamline operations are key to future success.4️⃣ Master Your Data: AI is Your New Best Friend!Investing in data analysis and artificial intelligence can lead to more tailored financial products and services. These technologies help understand and predict customer behaviors, improving service delivery.5️⃣ Tech-Savvy Banking: Embrace the Future Now!Embracing the shift towards technology-driven finance solutions is crucial. As technology becomes more integrated into everyday finance, understanding and utilizing these...
As the financial sector continuously evolves, it is vital to understand how traditional banking is merging with fintech innovation to craft the future of finance. In the latest podcast episode, we are introduced to Cross River, a financial institution that has not only witnessed but also contributed to this evolution. The episode offers an in-depth exploration of how Cross River, under the guidance of Adam Goller, EVP, Head of Fintech Banking has developed a unique niche at the crossroads of technology and traditional banking.The 2008 financial crisis is known for its destructive impact on the global economy. However, it also provided the impetus for innovation and the creation of new business models in the banking industry. Cross River was birthed during this tumultuous period with a vision to redefine banking by integrating cutting-edge technology into the traditional financial sector.The podcast highlights the need for a resilient ecosystem in modern banking—one that can withstand the pressures of regulatory changes and market fluctuations. Cross River's journey serves as a case study for other financial institutions navigating the convergence of fintech and traditional banking.
In this engaging episode of the Lending Link Podcast, our host, Rich Alterman, welcomes Adam Goller, the Executive Vice President and Head of Fintech Banking at Cross River Bank, for a deep dive into the intersections of banking, technology, and personal perseverance. Cross River Bank has emerged as a linchpin in the fintech marketplace lending industry, charting a course through innovation and strategic partnerships. Adam unpacks the bank's history, its pivotal role in the financial sector, and how it continues to redefine the boundaries between traditional banking and fintech solutions. Tune in now for a deep dive into the future of finance through the lens of a leading figure at the intersection of banking and technology.
BetterHelp: BetterHelp If you're struggling, consider therapy with our sponsor BetterHelp. Click https://betterhelp.com/icedCoffeeHour for a 10% discount on your first month of therapy with a licensed professional specific to your needs. Current: Try Current and build your money future: https://current.com/icedcoffeehour Shopify: Sign up for a $1 per month trial period at https://shopify.com/ich NEW: Join us at http://www.icedcoffeehour.club for premium content - Enjoy! Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: tmatsradio@gmail.com For Podcast Inquiries, please DM @icedcoffeehour on Instagram! *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. View Current's product disclosures here: https://current.com/legal_disclaimers/. For full terms and conditions visit current.com or call 888-851-1172.
Launching a card is such a core part of today's financial services. Whether you're an incumbent or a fintech, a card is likely a cornerstone product in your portfolio and an important contributor to your revenue. But the work doesn't end with launching a new card. There's a whole world of promotion and growth to move a card from being just another option for a user to becoming top of her wallet. We've looked at the planning that goes into differentiating your card, into creating something new and useful for your customers. But what happens when you put the card into market also matters. Execution is key here and can make the difference for a successful uptake of a new card. I'm Tearsheet's Zack Miller. We wanted to shine some major light on the card launching process making it easier, smoother, and hopefully more successful. This series is sponsored by Galileo. And participation in this series - we have some great executives and companies involved – doesn't mean an endorsement of Tearsheet or our sponsor. And to do that, we enlisted some of the best fintech and financial services firms out there to talk about what they've learned launching and scaling card products. We turned to some of the top brands – like Wise and Dave – with millions of cards in their users' hands. We also turned to the platforms and banks – firms like Cross River Bank and First National Bank of Omaha. And we talked to Galileo – the technology and processing platform powering many of today's most popular fintechs. This is the third of a three part series where we focus on launching and promoting cards. To dive even deeper, I encourage you to download the guide we published incorporating all this inside information and more. To download your free guide, go to www.tearsheet.co/cardguide Without further ado, let's jump into the subject.
Launching a card is such a core part of today's financial services. Whether you're an incumbent or a fintech, a card is likely a cornerstone product in your portfolio and an important contributor to your revenue. As the space has matured, firms have gotten better at partnering. That's good, because you'll need partners to launch a card. As fintech has grown, it's helped financial services mature overall – the art and science of partnering is definitely improving with time and experience. That's also good – because choosing the right partners and figuring out how to best leverage both parties' unique skills and talents is really a big part of the secret sauce here. I'm Tearsheet's Zack Miller. We wanted to shine some major light on the card launching process making it easier, smoother, and hopefully more successful. This series is sponsored by Galileo. And participation in this series - we have some great executives and companies involved – doesn't mean an endorsement of Tearsheet or our sponsor. And to do that, we enlisted some of the best fintech and financial services firms out there to talk about what they've learned launching and scaling card products. We turned to some of the top brands – like Wise and Dave – with millions of cards in their users' hands. We also turned to the platforms and banks – firms like Cross River Bank and First National Bank of Omaha. And we talked to Galileo – the technology and processing platform powering many of today's most popular fintechs. This is the second of a three part series where we focus on the importance of finding the right partners for your card program. To dive even deeper, I encourage you to download the guide we published incorporating all this inside information and more. To download your free guide, go to www.tearsheet.co/cardguide Without further ado, let's jump into the subject.
Launching a card is such a core part of today's financial services. Whether you're an incumbent or a fintech, a card is likely – or will likely be – a cornerstone product in your portfolio and an important contributor to your revenue. What baffles me is that with all the new technology platforms, banking as s service, and experienced program managers, there's still a gap for firms and entrepreneurs to really understand what goes into launching and managing a card. We wanted to shine some major light on the card launching process making it easier, smoother, and if things go right, more successful. And to do that, we enlisted some of the best fintech and financial services firms out there to talk about what they've learned launching and scaling card products. We turned to some of the top brands – like Wise and Dave – with millions of cards in their users' hands. We also turned to the platforms and banks – firms like Cross River Bank and First National Bank of Omaha. And we talked to Galileo – the technology and processing platform powering the cards of many of today's most popular fintechs. Thank you to Galileo, who has supported this project from the beginning. We appreciate your support and the work you do throughout the industry. This podcast mini-series is intended to help get your card launch right. One thing you'll hear as we speak to some of the best in the industry is the need to plan well. It doesn't mean you'll get it right the first time around but at least you'll have a way forward. We want you to know what's ahead for you and ultimately to learn from some of the best and brightest around who've launched cards ultimately used by millions of people and companies. Learn from their battle scars and successes. This is the first of a three part series. To dive even deeper, I encourage you to download the guide we published incorporating all this inside information and more. To download your free guide, go to www.tearsheet.co/cardguide This first part of the series address all the planning that goes into ideating, creating, and launching a card. We address the following: *Introduction to the importance of launching and managing cards in financial services. *The need for understanding the card launching process and collaborating with partners. *Planning and the "why" behind launching a card, considering customer problems. *Different approaches to launching cards as strategic differentiators or add-ons. *Case studies from Wise, Bluevine, Dave, and their reasons for launching cards. *Understanding the differences between debit and credit cards and their implications. *Planning for the future of card programs and ecosystems. *The importance of testing, not rushing to market, and iterating. *The role of value proposition in connecting with a company's mission. *Differentiation through features surrounding the card and fulfilling customer needs.
In this episode of Navigating Forward, Mike Halstead and J.R. Reed from Launch Consulting sit down with Mike Bochniarz, head of Third Party Risk Assessment at Cross River Bank, to talk about third-party and supply chain risk. Topics include the necessity of carefully identifying risks upfront, as well as ongoing lifecycle monitoring — and how tools and automation may help some organizations with these crucial tasks. They also touch on the impacts and learnings from major events like COVID and the SolarWinds intrusion, plus the additional thought that must be given to fourth-party (and beyond) risk. To learn more about how to develop your organization's Future State of Cybersecurity, go to launchconsulting.com/cyber.Follow Mike Bochniarz at https://www.linkedin.com/in/michael-bochniarz-esq-a1a92542/Follow Mike Halstead at https://www.linkedin.com/in/mike-halstead-77bb6018/Follow J.R. Reed at https://www.linkedin.com/in/jrreed/
In this episode of Navigating Forward, Mike Halstead and J.R. Reed from Launch Consulting sit down with Mike Bochniarz, head of Third Party Risk Assessment at Cross River Bank, to talk about third-party and supply chain risk. Topics include the necessity of carefully identifying risks upfront, as well as ongoing lifecycle monitoring — and how tools and automation may help some organizations with these crucial tasks. They also touch on the impacts and learnings from major events like COVID and the SolarWinds intrusion, plus the additional thought that must be given to fourth-party (and beyond) risk. To learn more about how to develop your organization's Future State of Cybersecurity, go to launchconsulting.com/cyber.Follow Mike Bochniarz at https://www.linkedin.com/in/michael-bochniarz-esq-a1a92542/Follow Mike Halstead at https://www.linkedin.com/in/mike-halstead-77bb6018/Follow J.R. Reed at https://www.linkedin.com/in/jrreed/
1. Strategically choosing the right property 2. Analysis and assessment strategies for commercial real estate 3. Securing construction real estate loans and the going rates 4. Refinancing options These industry leaders discuss the current hot topics in the real estate industry.
This week on Breaking Battlegrounds, we are honored to be joined by three distinguished guests. First, we sit down with Senator Ted Cruz to discuss the recent political attacks on the Supreme Court and what conservatives can do about woke corporations. Later in the show, General Sami Sadat of Afghanistan calls in for a no holds barred conversation of the United States' withdrawal from his country. Finally, friend of the show Chris Campbell returns with an update on the negotiations over raising the debt ceiling. -Ted Cruz grew up in Texas. His father, Rafael, fled Cuba after being tortured and imprisoned and came to Texas with just $100 sewn into his underwear. Rafael got a job washing dishes making 50 cents an hour and learned English. He worked hard and attended the University of Texas at Austin, earning a degree in mathematics. He later started a small business in the oil and gas industry. Today, Rafael is a pastor in Dallas.Ted's mother, Eleanor, was born in Delaware to an Irish and Italian working-class family. She became the first in her family to go to college, graduating from Rice University with a degree in mathematics. She broke boundaries at Shell as one of the few women working as a computer programmer at the dawn of the computer age.Ted earned his undergraduate degree from Princeton and his law degree from Harvard Law School. After law school, Ted clerked for Chief Justice Rehnquist and then worked in private practice. In 1999, Ted joined George W. Bush's campaign for president as a domestic policy advisor. The best thing about Ted's experience on the Bush-Cheney campaign, by far, was meeting Heidi Nelson, who also worked on the policy team. Heidi and Ted married after the campaign.After working at the Department of Justice and the Federal Trade Commission during the Bush administration, Ted moved back home to be the Solicitor General of Texas. As Solicitor General, Ted argued eight cases before the Supreme Court of the United States, and defended our freedom of speech, our right to keep and bear arms, and our religious liberty in courts across the nation. Following his service as Solicitor General, Ted returned to private practice, where he continued to litigate high stakes cases and argued his ninth case before the Supreme Court.Ted and Heidi also started their family, welcoming Caroline and Catherine.-General Sami Sadat was born 1986 in Afghanistan. After graduation from school in Kabul, he studied military information operations in NATO school in Germany, he also holds a BBA, he then studied advance command and staff college in UK defense Academy and was graduated with highest distinction and also has finished his MA in Strategic Management and Leadership from UK Charter Management institute.His work experience is mostly visible in security sector, he worked as Deputy Director for Strategic Communications and as Policy Advisor to the Minister of Interior in Afghanistan. Mr. Sadat is a founding member of Afghanistan Analysis and Awareness (A3) a Kabul based Think-tank. A3 is a strong lobby group focusing on Afghan-US and other Afghanistan friend countries to foster better strategic relations.-Prior to Kroll, Chris was unanimously confirmed by the U.S. Senate to serve as the Assistant Secretary of the Treasury for Financial Institutions from 2017 to 2018. In that role, he was responsible for coordinating the Department's efforts regarding financial institutions legislation and regulation, legislation affecting federal agencies that regulate or insure financial institutions and securities markets legislation and regulation. Specific policy and program areas of oversight included government-sponsored enterprises, critical infrastructure protection (cyber security) and compliance policy, the Federal Insurance Office (FIO), small business, community development and affordable housing policy.Chris was the Treasury board representative on the boards of the Pension Benefit Guarantee Corporation (PBGC) and the Financial Industry's Critical Infrastructure Group. He regularly met with the heads of the 15 federal financial regulators. Additionally, he oversaw the Deputy Assistant Secretaries for Financial Institutions Policy and Small Business, Community Development and Affordable Housing, and Cyber Security, in addition to a staff of 200.Prior to his role at the Treasury department, Chris was the majority staff director to the U.S. Senate Committee on Finance. He designed, managed and coordinated the U.S. Senate Republican agenda in the areas of international and domestic taxation, international trade, Medicare, Medicaid, Social Security, the U.S. National Debt, and oversight of three presidential cabinet secretaries. He was named by Roll Call Newspaper as one of the 50 most influential staffers on Capitol Hill, seven years running. Previously, he served as legislative director to Senator Orrin G. Hatch, where he coordinated and managed the senator's legislative activities.Immediately prior to rejoining Senator Hatch's staff, Chris owned a business consulting firm that specialized in business strategy for clients from all-sized companies across the country, and from a variety of industries.Chris is a director of Intrado, Coinstar, WeConnect Health Management, tZERO, and a board advisor at Cross River Bank. Additionally, he is a Professor of Practice at his alma matter, Thunderbird School of Global Management. He also serves as a strategic advisor and consultant to several large national and international organizations. He is a member of the Council on Foreign Relations.He holds an MBA from Thunderbird School of Global Business Management and a bachelor's degree in political science from the University of California, Santa Barbara.-Connect with us:www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegrounds This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit breakingbattlegrounds.substack.com
Today's blockchain and cryptocurrency news Bitcoin is down .5% at $28,499 Eth is down slightly at $1,844 Binance Coin is up slightly at $334 CZ warns Justin Sun over SUI farming. Cross River Bank hit with consent order by FDIC. Nigeria's SEC may allow tokenized coin offerings backed by equity, debt, or property but "not crypto" Coinme settles $4M charges with SEC. Gemini enters into mediation over Earn Program Learn more about your ad choices. Visit megaphone.fm/adchoices
The small business lending space has been going through a lot of change since the start of the decade. It basically shut down for anything non-PPP related in 2020 and 2021 but it has now bounced back to a new normal with good companies looking for capital to help them grow. And the role of the SBA loan continues to be very important.My next guest on the Fintech One-on-One podcast is Evan Singer, the CEO of SmartBiz (he was last on the show back in 2016). They are focused on SBA loans of less than $350,000 and work with a large number of banks to fund their loans. Today, there is a lot of demand for these kinds of loans.In this podcast you will learn:How Evan describes SmartBiz today.The three main SMB loan products they offer.The pricing of these loans.How they helped small businesses during the PPP.The amount of fraud they caught during PPP.The state of small business lending today.How they are working with small business owners on Employee Retention Credits.The credit performance they are seeing over the past three to six months.A profile of their typical small business borrower.Evan's thoughts on expanding the SBA 7(a) lending program.What SmartBiz does to help make the loan application less onerous.How they are partnering with Cross River Bank.How they decide where to send successful loan applications.What they do with those companies that can't qualify for a bank loan.How the mindset of bankers has changed since before the pandemic.What Evan is most excited about right now.Connect with Evan on LinkedInConnect with Smartbiz on LinkedInConnect with Fintech One-on-One:Tweet me @PeterRentonConnect with me on LinkedInFind previous Fintech One-on-One episodes
The small business lending space has been going through a lot of change since the start of the decade. It basically shut down for anything non-PPP related in 2020 and 2021 but it has now bounced back to a new normal with good companies looking for capital to help them grow. And the role of the SBA loan continues to be very important.My next guest on the Fintech One-on-One podcast is Evan Singer, the CEO of SmartBiz (he was last on the show back in 2016). They are focused on SBA loans of less than $350,000 and work with a large number of banks to fund their loans. Today, there is a lot of demand for these kinds of loans.In this podcast you will learn:How Evan describes SmartBiz today.The three main SMB loan products they offer.The pricing of these loans.How they helped small businesses during the PPP.The amount of fraud they caught during PPP.The state of small business lending today.How they are working with small business owners on Employee Retention Credits.The credit performance they are seeing over the past three to six months.A profile of their typical small business borrower.Evan's thoughts on expanding the SBA 7(a) lending program.What SmartBiz does to help make the loan application less onerous.How they are partnering with Cross River Bank.How they decide where to send successful loan applications.What they do with those companies that can't qualify for a bank loan.How the mindset of bankers has changed since before the pandemic.What Evan is most excited about right now.Connect with Evan on LinkedInConnect with Smartbiz on LinkedInConnect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
This week on Breaking Battlegrounds, we are honored to be joined by three distinguished guests: Congresswoman Carol Miller of West Virginia, Congressman Josh Brecheen of Oklahoma, and former Assistant Secretary of the Treasury for Financial Institutions Chris Campbell.-Congresswoman Carol Miller represents West Virginia's First Congressional District. Miller serves on the Committee on Ways and Means.Miller's focus in Congress is creating jobs, diversifying the economy, innovating and improving infrastructure, protecting America's borders, and supporting West Virginia's energy industries like coal, oil, and gas.Prior to her election to Congress in 2018, Congresswoman Miller served in the West Virginia House of Delegates from 2006 to 2018 where she rose to become the first female Majority Whip.A mother of two and grandmother of seven, Carol Miller is married to her husband Matt, and lives in Huntington, where she owns and operates Swann Ridge Bison Farm and manages real estate. Miller was born in Columbus, Ohio and is the daughter of Congressman Samuel L. Devine and Betty Devine.-Josh Brecheen (pronounced Bra-keen) is a committed Christian, husband, father, and is a fourth generation rancher in Coal County, Oklahoma. Prior to his time in Congress, he owned and operated a small excavation and trucking business, Rawhide Dirtworks L.L.C. He served as an Oklahoma State Senator from 2010 to 2018, obtaining an overall voting record as the third most conservative senator among those with whom he served. He was the original author of measures that included capping state debt, banning dismemberment abortions, and a true repeal and replace of the common core educational standards—the nation's first. From 2004 to 2010, Brecheen worked for U.S. Senator Tom Coburn, M.D. as a field representative, working directly with Oklahoma constituents and evaluating federal programs for waste and inefficiencies. Brecheen is a graduate of Oklahoma State University, where he earned a dual degree in agriculture. He served the Oklahoma FFA Association as State President in 1999 and later worked seasonally for the National FFA Organization as an ALD conference presenter. Until 2010, he brought inspirational messages into approximately 500 public schools, universities, and conferences through his motivational speaking business, Brecheen Keynotes and Seminars and also as a free service when employed by Tom Coburn. Brecheen grew up in the professional cutting horse industry and in his youth was a two-time national qualifier for the National Cutting Horse Association Eastern Championship show. After college, Brecheen started training cutting horse futurity prospects as a “non pro” and has been raising quality cow horses for over 20 years. As a member of Congress, he is focused on reining in our unsustainable debt and deficit spending, which he is convinced is undermining our national security.-The Honorable Christopher E Campbell is the Chief Strategist at Kroll, based in the New York office. As a Fellow of the Kroll Institute, he is a frequent guest commentator on national news programs on matters involving the economy.Prior to Kroll, Chris was unanimously confirmed by the U.S. Senate to serve as the Assistant Secretary of the Treasury for Financial Institutions from 2017 to 2018. In that role, he was responsible for coordinating the Department's efforts regarding financial institutions legislation and regulation, legislation affecting federal agencies that regulate or insure financial institutions and securities markets legislation and regulation. Specific policy and program areas of oversight included government-sponsored enterprises, critical infrastructure protection (cyber security) and compliance policy, the Federal Insurance Office (FIO), small business, community development and affordable housing policy.Chris was the Treasury board representative on the boards of the Pension Benefit Guarantee Corporation (PBGC) and the Financial Industry's Critical Infrastructure Group. He regularly met with the heads of the 15 federal financial regulators. Additionally, he oversaw the Deputy Assistant Secretaries for Financial Institutions Policy and Small Business, Community Development and Affordable Housing, and Cyber Security, in addition to a staff of 200.Prior to his role at the Treasury department, Chris was the majority staff director to the U.S. Senate Committee on Finance. He designed, managed and coordinated the U.S. Senate Republican agenda in the areas of international and domestic taxation, international trade, Medicare, Medicaid, Social Security, the U.S. National Debt, and oversight of three presidential cabinet secretaries. He was named by Roll Call Newspaper as one of the 50 most influential staffers on Capitol Hill, seven years running. Previously, he served as legislative director to Senator Orrin G. Hatch, where he coordinated and managed the senator's legislative activities.Immediately prior to rejoining Senator Hatch's staff, Chris owned a business consulting firm that specialized in business strategy for clients from all-sized companies across the country, and from a variety of industries.Chris is a director of Intrado, Coinstar, WeConnect Health Management, tZERO, and a board advisor at Cross River Bank. Additionally, he is a Professor of Practice at his alma matter, Thunderbird School of Global Management. He also serves as a strategic advisor and consultant to several large national and international organizations. He is a member of the Council on Foreign Relations.He holds an MBA from Thunderbird School of Global Business Management and a bachelor's degree in political science from the University of California, Santa Barbara.-Connect with us:www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegrounds This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit breakingbattlegrounds.substack.com
In this conversation, our Editor-in-chief Lex Sokolin walks through how 2023 is the year for executing on raw fundamentals, which means understanding how to design a Fintech or DeFi business model and understanding the shape of demand. Companies must focus on customer centricity and use a Lean Startup methodology to validate ideas and assumptions. This is done by testing products and services with prospects, using digital landing pages, and buying Google Ads to drive people to those landing pages. MENTIONED IN THE CONVERSATIONThe Fintech Blueprint: https://www.fintechblueprint.com/ Lex Sokolin: https://www.linkedin.com/in/alexeysokolin/ and https://twitter.com/LexSokolin Topics: start-ups, fintech, DeFi, innovation, disruption, tokenomics, cryptocurrency, blockchain, DAO, Web3, roboadvisorCompanies: Google, Greensky, Facebook, Robinhood, Youtube, DriveWealth, Betterment, Coinbase, MetaMask, Cross River Bank, MoonPayABOUT THE FINTECH BLUEPRINT
Prominent founder-CEO Gilles (Yaakov) Gade joins Charlie Harary and Dean Noam Wasserman (and the Sy Syms Honors Program students) again to discuss why an innovative visionary is attracted to regulated industries, how he was able to found tech-heavy Cross River Bank without having a tech background, and other founding challenges he has faced. Produced by Uri Westrich
Prominent founder-CEO Gilles (Yaakov) Gade joins Charlie Harary and Dean Noam Wasserman (and the Sy Syms Honors Program students) to explore the power of focusing on values, how to maintain that focus despite explosive growth, how R' Jonathan Sacks zt”l shaped the founding of his company, and other founding dilemmas he has faced at Cross River Bank. Produced by Uri Westrich
In this conversation, we chat with Will Beeson, who currently works at Standard Chartered Ventures. Previously, Will was the Co-Founder & Chief Product Officer at digital bank BELLA, as well as, a Principal at Rebank, a fintech advisory firm. Will's banking entrepreneurship streak doesn't end there, he co-founded Allica, a digital bank for businesses in the UK. We discuss the evolution of the banking-as-a-service sector, and in particular the challenges of infrastructure providers when their fintech clients fail due to market pressure. What's next for embedded finance? MENTIONED IN THE CONVERSATIONRebank: https://rebank.cc/Will Beeson: https://www.linkedin.com/in/willbeeson/ and https://twitter.com/will_beesonTopics: Embedded finance, fintech, neobank, banking, payments, finance, banking-as-a-service, API, RegTech, RegulationCompanies: Plaid, Onfido, Stripe, Socure, Green Dot Bank, Cross River Bank, FIS, Fiserv, BlockFi, BBVAABOUT THE FINTECH BLUEPRINT
Ram Ahluwalia is a fintech pioneer who was the founder and CEO of PeerIQ, which he sold to Cross River Bank in 2021. Since then he has focused on the crypto space building the crypto business inside Cross River. Today, he is building a new startup focused on crypto that is still in stealth mode.He talked about one of the silver linings of the this unique time period is that in Congress there is bipartisan support for legislation that will bring crypto into a regulatory framework. That is what the industry needs to move forward.Another positive of the crypto winter is that DeFi has proven itself to be more resilient with the likes of MakerDAO, Compound and Aave performing as expected. This is a notable accomplishment. Watch a video of the full interview here.
Join Shea Rubenstein, Founder of JCon Conferences, and his guests from Meridian Capital Group and Cross River Bank on 710 WOR Mind Your Business Radio Show with Yitzchok Saftlas of Bottom Line Marketing Group (BLMG)TONIGHT at 10PM EST for an informative show about real estate discussing: Multi-Family Acquisitions out of state and its projected direction. Rising interest rates. Drastic changes in cap rates on assets. Free Market Rentals
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: How states are leading the charge on setting the rules on digital assets. Speaking at this session are Clyde Vanel, NYS Assembly, Raj Mukherji, NJ Deputy Speaker, with Moderator: John Beccia, FS Vector.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: Fintech - Policy and Politics, how to move innovation forward through proactive engagement and consistent advocacy. Speaking in this session are Eugene Shvartsman, Cross River, Jesse Honigberg, Cross River, with Phillip Goldfeder, Cross River.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: How to Reinvigorate Government's Approach to Innovation. Speaking at this session is Sultan Meghji, with Moderator: Phil Goldfeder, Cross River Bank.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: Is Fintech Good For Consumers?Speaking on this session are Chris Peterson, University of Utah, Campbell Gibson, Avant, Ulrico Izaguirre, Affirm, Clyde Vanel, NYS Assembly with Moderator: Cornelius Hurley, Boston University.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: Fintech, Financial Inclusion, and CRA – How Will it Come Together?Speaking at this session are Brian Waters, findCRA, Armen Meyer, LendingClub, Chris Pilkerton, Accion Opportunity Fund, Colin Darke, Rocket with Moderator: Marty Mitchell, ProBank.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: Building the Framework for the Regulation of Digital Assets. Speaking at this session are Julapa Jagtiani, Federal Reserve Bank of Philadelphia, Chelsi Bennet, Block, Kaitlin Asrow, NYDFS, Kara Calvert, Coinbase with Moderator: Dave Grimaldi, Blockchain Association.
This recording is from Fintech Nexus USA (formerly known as LendIt Fintech USA) held at the Javits Center in New York City on May 25-26, 2022. It is from the track: Regulation for the Next Phase of Fintech - Sponsored by Cross River Bank and is titled: Reimagining Fintech Regulation to Foster Innovation. Speaking at this session are Caitlin Long, Custodia Bank, Ashley Harris, Figure, Yana Miles, AFC, with Moderator: Michele Alt, Klaros Group.
Cobie, co-founder of Lido and UpOnlyTv, and Chris Burniske, partner at Placeholder Ventures, talk about surviving a crypto bear market, the Terra collapse, lessons they've learned from their mistakes, and much more. Show highlights: whether Chris and Cobie think crypto is in a bear market why Chris says these are the times to buy what effect the Terra debacle will have on the crypto industry why Chris was expecting UST to blow up why Chris thinks there is going to be another massive liquidation event whether an algo stablecoin could work why bear markets are sometimes a good thing how USDT was stress tested and proved its resilience how macro is affecting the crypto space and what the role of the Fed is when will we see the bottom of this bear market how meme coins are the symptoms of a broken system why this crypto cycle is different whether regulations are helping VCs rather than the retail investors why risky assets are the ones that could increase 10,000x whether the future of crypto is multichain or not how developers signal what ecosystem is going to win in the next expansion cycle whether Cobie thinks staking is dying how Chris judges market bottoms and tops what lessons Cobie and Chris have learned from their mistakes what innovations will catalyze the next bull cycle what needs to happen in the future for crypto to succeed Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance Episode Links Cobie Twitter: https://twitter.com/cobie UpOnlyTv: https://uponly.tv/ Substack: https://cobie.substack.com/ L1 trading: https://cobie.substack.com/p/trading-the-metagame?s=r Death of staking: https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r Token unlocks: https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r Cycle Tweets: Why “the next cycle” reasoning scares him https://twitter.com/cobie/status/1524965475813568512 What projects will survive the bear https://twitter.com/cobie/status/1469253171885318146 His call to “buy” on March 12 2020 https://twitter.com/cobie/status/1238282793244860417 Which VCs will win https://twitter.com/cobie/status/1515667977118826500 Chris Burniske LinkedIn https://www.linkedin.com/in/burniske/ Twitter https://twitter.com/cburniske Previous Unchained episode https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/ https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/ https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/ https://unchainedpodcast.com/how-to-value-a-crypto-asset/ Cycle Tweets Feb 2022 bear call https://twitter.com/cburniske/status/1495468570708426754 March 2022 bear call https://twitter.com/cburniske/status/1523021991619428352 November 2021 top call https://twitter.com/cburniske/status/1457884538806308868 DCA advice https://twitter.com/cburniske/status/1525906152881459200 https://twitter.com/cburniske/status/1500593438433021952 What could knock the market further down https://twitter.com/cburniske/status/1525157945079496705 https://twitter.com/cburniske/status/1524260987787902978 2017 ATH calls https://twitter.com/cburniske/status/1524838447784947712 https://twitter.com/cburniske/status/1524524188366635008 Trying to time the bottom https://twitter.com/cburniske/status/1523573129431240710 Chris x Cobie Luna https://twitter.com/cburniske/status/1524280637431164929 Feeling sorry for people who have lost $ https://twitter.com/cburniske/status/1524267901456248832 Bear Market Content Dragonfly https://medium.com/dragonfly-research/to-all-dragonfly-founders-and-friends-1a65e68093d4 Sequoia advice https://twitter.com/michellebailhe/status/1526373376142348288 Arthur Hayes buying BTC at $20K in wake of Terra https://entrepreneurshandbook.co/luna-brothers-inc-712ec5abe199 Financial comeuppance https://cryptohayes.medium.com/annihilation-4effdaf3c73f Paradigm (surviving crypto cycles) https://www.paradigm.xyz/2021/03/surviving-crypto-cycles Zhu Su on being a better role model for retail https://twitter.com/zhusu/status/1525045033216397312 Nick Tomaino on stopping relentless shilling https://twitter.com/NTmoney/status/1525234408910987264 Lot's of talk about “suicide” in context of LUNA https://bitcoinist.com/luna-investors-suicidal-after-cryptos-collapse/ Helping smaller LUNA wallets first https://twitter.com/VitalikButerin/status/1525561624974700545 Punk6529 on surviving the bear market https://twitter.com/punk6529/status/1525565876711444484 Ian from Syndicate DAO on previous cycles https://twitter.com/ianDAOs/status/1524613312582799360 Best website for looking at token performance https://cryptorank.io/performance Chris Burniske: Twitter: https://twitter.com/cburniske Placeholder VC: https://www.placeholder.vc/ Previous Unchained Coverage on Terra Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/ Do Kwon on backing UST with BTC https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST's death spiral https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/ Jon Wu on how Terra got depegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Do Kwon on The Chopping Block https://www.youtube.com/watch?v=0xl8u7-KVwM
Cobie, co-founder of Lido and UpOnlyTv, and Chris Burniske, partner at Placeholder Ventures, talk about surviving a crypto bear market, the Terra collapse, lessons they've learned from their mistakes, and much more. Show highlights: whether Chris and Cobie think crypto is in a bear market why Chris says these are the times to buy what effect the Terra debacle will have on the crypto industry why Chris was expecting UST to blow up why Chris thinks there is going to be another massive liquidation event whether an algo stablecoin could work why bear markets are sometimes a good thing how USDT was stress tested and proved its resilience how macro is affecting the crypto space and what the role of the Fed is when will we see the bottom of this bear market how meme coins are the symptoms of a broken system why this crypto cycle is different whether regulations are helping VCs rather than the retail investors why risky assets are the ones that could increase 10,000x whether the future of crypto is multichain or not how developers signal what ecosystem is going to win in the next expansion cycle whether Cobie thinks staking is dying how Chris judges market bottoms and tops what lessons Cobie and Chris have learned from their mistakes what innovations will catalyze the next bull cycle what needs to happen in the future for crypto to succeed Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance Episode Links Cobie Twitter: https://twitter.com/cobie UpOnlyTv: https://uponly.tv/ Substack: https://cobie.substack.com/ L1 trading: https://cobie.substack.com/p/trading-the-metagame?s=r Death of staking: https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r Token unlocks: https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r Cycle Tweets: Why “the next cycle” reasoning scares him https://twitter.com/cobie/status/1524965475813568512 What projects will survive the bear https://twitter.com/cobie/status/1469253171885318146 His call to “buy” on March 12 2020 https://twitter.com/cobie/status/1238282793244860417 Which VCs will win https://twitter.com/cobie/status/1515667977118826500 Chris Burniske LinkedIn https://www.linkedin.com/in/burniske/ Twitter https://twitter.com/cburniske Previous Unchained episode https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/ https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/ https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/ https://unchainedpodcast.com/how-to-value-a-crypto-asset/ Cycle Tweets Feb 2022 bear call https://twitter.com/cburniske/status/1495468570708426754 March 2022 bear call https://twitter.com/cburniske/status/1523021991619428352 November 2021 top call https://twitter.com/cburniske/status/1457884538806308868 DCA advice https://twitter.com/cburniske/status/1525906152881459200 https://twitter.com/cburniske/status/1500593438433021952 What could knock the market further down https://twitter.com/cburniske/status/1525157945079496705 https://twitter.com/cburniske/status/1524260987787902978 2017 ATH calls https://twitter.com/cburniske/status/1524838447784947712 https://twitter.com/cburniske/status/1524524188366635008 Trying to time the bottom https://twitter.com/cburniske/status/1523573129431240710 Chris x Cobie Luna https://twitter.com/cburniske/status/1524280637431164929 Feeling sorry for people who have lost $ https://twitter.com/cburniske/status/1524267901456248832 Bear Market Content Dragonfly https://medium.com/dragonfly-research/to-all-dragonfly-founders-and-friends-1a65e68093d4 Sequoia advice https://twitter.com/michellebailhe/status/1526373376142348288 Arthur Hayes buying BTC at $20K in wake of Terra https://entrepreneurshandbook.co/luna-brothers-inc-712ec5abe199 Financial comeuppance https://cryptohayes.medium.com/annihilation-4effdaf3c73f Paradigm (surviving crypto cycles) https://www.paradigm.xyz/2021/03/surviving-crypto-cycles Zhu Su on being a better role model for retail https://twitter.com/zhusu/status/1525045033216397312 Nick Tomaino on stopping relentless shilling https://twitter.com/NTmoney/status/1525234408910987264 Lot's of talk about “suicide” in context of LUNA https://bitcoinist.com/luna-investors-suicidal-after-cryptos-collapse/ Helping smaller LUNA wallets first https://twitter.com/VitalikButerin/status/1525561624974700545 Punk6529 on surviving the bear market https://twitter.com/punk6529/status/1525565876711444484 Ian from Syndicate DAO on previous cycles https://twitter.com/ianDAOs/status/1524613312582799360 Best website for looking at token performance https://cryptorank.io/performance Chris Burniske: Twitter: https://twitter.com/cburniske Placeholder VC: https://www.placeholder.vc/ Previous Unchained Coverage on Terra Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/ Do Kwon on backing UST with BTC https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST's death spiral https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/ Jon Wu on how Terra got depegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Do Kwon on The Chopping Block https://www.youtube.com/watch?v=0xl8u7-KVwM
This week on Breaking Battlegrounds, Chuck and Sam are joined by Chris Campbell, former Assistant Secretary of the Treasury for Financial Institutions and David Keene, Editor at Large at the Washington Times. The Honorable Christopher E Campbell is the Chief Strategist at Kroll, based in the New York office. As a Fellow of the Kroll Institute, he is a frequent guest commentator on national news programs on matters involving the economy.Prior to Kroll, Chris was unanimously confirmed by the U.S. Senate to serve as the Assistant Secretary of the Treasury for Financial Institutions from 2017 to 2018. In that role, he was responsible for coordinating the Department's efforts regarding financial institutions legislation and regulation, legislation affecting federal agencies that regulate or insure financial institutions and securities markets legislation and regulation. Specific policy and program areas of oversight included government-sponsored enterprises, critical infrastructure protection (cyber security) and compliance policy, the Federal Insurance Office (FIO), small business, community development and affordable housing policy.Chris was the Treasury board representative on the boards of the Pension Benefit Guarantee Corporation (PBGC) and the Financial Industry's Critical Infrastructure Group. He regularly met with the heads of the 15 federal financial regulators. Additionally, he oversaw the Deputy Assistant Secretaries for Financial Institutions Policy and Small Business, Community Development and Affordable Housing, and Cyber Security, in addition to a staff of 200.Prior to his role at the Treasury department, Chris was the majority staff director to the U.S. Senate Committee on Finance. He designed, managed and coordinated the U.S. Senate Republican agenda in the areas of international and domestic taxation, international trade, Medicare, Medicaid, Social Security, the U.S. National Debt, and oversight of three presidential cabinet secretaries. He was named by Roll Call Newspaper as one of the 50 most influential staffers on Capitol Hill, seven years running. Previously, he served as legislative director to Senator Orrin G. Hatch, where he coordinated and managed the senator's legislative activities.Immediately prior to rejoining Senator Hatch's staff, Chris owned a business consulting firm that specialized in business strategy for clients from all-sized companies across the country, and from a variety of industries.Chris is a director of Intrado, Coinstar, WeConnect Health Management, tZERO, and a board advisor at Cross River Bank. Additionally, he is a Professor of Practice at his alma matter, Thunderbird School of Global Management. He also serves as a strategic advisor and consultant to several large national and international organizations. He is a member of the Council on Foreign Relations.He holds an MBA from Thunderbird School of Global Business Management and a bachelor's degree in political science from the University of California, Santa Barbara.David A. Keene is Editor at Large at The Washington Times, the nation's largest conservative newspaper. His book Shall Not Be Infringed: The New Assaults on Your Second Amendment will be followed by a book on the modern conservative movement in America in 2018.While serving as President of the National Rifle Association (NRA), Keene, along with NRA's Executive Vice President Wayne LaPierre, led the “All-In” Campaign to elect Second Amendment supporters to federal and state office in 2012 and worked tirelessly to keep the U.S. from adopting further gun control legislation in 2013. NRA membership grew from four to five plus million members during his two traditional one-year terms. Keene remains on the NRA board and chairs the Publications Policy Committee, the International Affairs Subcommittee, and the National School Shield program.From 1982 to 2011, Keene served as the elected Chairman of the American Conservative Union (ACU), the nation's oldest and largest grassroots conservative advocacy group. ACU is the major organizer of the annual Conservative Political Action Conference or CPAC, which Keene grew from 200 to 11,000 conservative activists. CPAC meets in Washington, DC, each winter to hear conservative leaders and to network with fellow conservatives from around the country and the world. Keene remains on the boards of The Center for the National Interest, The Constitution Project, The Montana Policy Institute, and has served as National Chairman of Young Americans for Freedom, among others. He has been a John F. Kennedy Fellow at Harvard University's Institute of Policy, a First Amendment Fellow at Vanderbilt University's Freedom Forum, and a member of the Board of Visitors at Duke University's Public Policy School.After earning his law degree from the University of Wisconsin in 1970, Keene served as a Special Assistant to Vice President Spiro Agnew during the Nixon Administration, Executive Assistant to New York Senator Jim Buckley, and as an advisor to the presidential campaigns of Ronald Reagan, George H.W. Bush, Bob Dole and Mitt Romney and many state and local campaigns. For more than ten years, Keene wrote a regular column for The Hill, which focuses on Capitol Hill. He has written extensively on politics, civil liberties and criminal justice issues for the Boston Globe, National Review, Human Events, and the American Spectator and others, and has contributed to numerous books and hundreds of radio and television programs, including as a consultant to CBS News His Lifetime Achievement Awards include those from CPAC, Young Americas Foundation, the Second Amendment Foundation and the Council of Racial Equality.Keene is married to Donna Wiesner Keene and they enjoy the company of five children, seven grandchildren, and a great-grandchild. They work in Washington, DC, and protect their sanity with extended trips to Montana and West Virginia to hunt, fish and enjoy the outdoors.Connect with us:www.breakingbattlegrounds.voteTwitter: www.twitter.com/Breaking_BattleFacebook: www.facebook.com/breakingbattlegroundsInstagram: www.instagram.com/breakingbattlegroundsLinkedIn: www.linkedin.com/company/breakingbattlegrounds This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit breakingbattlegrounds.substack.com
Amy Wu, head of FTX ventures and gaming initiatives, discusses her role at FTX, what problems need to be addressed in the web3 gaming world, and her thoughts on APE and Yuga Labs as a board member of Apecoin DAO and investor in Yuga Labs. Show highlights: what Amy does at FTX how her background investing in gaming prepared her for her role at FTX Amy's vision for FTX's gaming studio how FTX is helping gaming studios get into web3 and NFTs why Amy thinks blockchain games are the evolution of the ‘free to play' gaming archetype what best practices Amy believes web2 companies should implement when transitioning into web3 gaming why there is so much backlash against traditional companies incorporating NFTs (hint: it's not just about environmental concerns) how FTX Ventures is looking to deploy capital and why it is so interested in Korea and India, specifically why Amy thinks the L1 wars will end with just a few winning chains why “consumer products” are going to be more important than high throughput blockchains in onboarding the next billion users what Amy's role as a board member of Apecoin DAO is like what Amy thinks about APE and Yuga Labs trends for the rest of 2022: social media, dating apps, and more… Tickets to the Cryptopians Book Clubs Go on Sale Today at 1pm ET! Today, Tuesday, April 26, at 1pm Eastern Time, we will sell the NFT tickets to five book clubs to discuss my book, The Cryptopians. All the book clubs, which are 90 minutes and limited to 22 participants each, will be hosted by me and will take place on my Discord from May 2nd to May 10th. The sale will will take place on Bitski: bitski.com/@laurashin/created The dates and times for the book clubs are: Monday, May 2, at 8 pm ET Tuesday May 3, at 1pm ET with Lefteris Karapetsas, Griff Green, and Christoph Jentzsch of the DAO Thursday, May 5, at 12pm Monday, May 9, at 12pm ET with Andrey Ternovskiy of Chatroulette Tuesday, May 10, at 3pm ET Again, the link for the sale is at https://www.bitski.com/@laurashin/created. Also, join me for a Twitter Spaces, hosted by Bitski (https://twitter.com/bitski), at 12pm ET today. Unchained Is Hiring! Find out information on the three openings at Unchained and how to apply here: part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/a Thank you to our sponsors! Ether Cards: https://galaxis.xyz Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Episode Links Amy Wu LinkedIn: https://www.linkedin.com/in/amytongwu/ Twitter: https://twitter.com/amytongwu Roles FTX Gaming https://twitter.com/amytongwu/status/1495834891858100232 Apecoin DAO Board https://twitter.com/amytongwu/status/1504238389737967622 FTX Ventures https://ventures.ftx.com/ FTX Stuff Going On NFT lounge at Coachella https://twitter.com/amytongwu/status/1515407892693745665 FTX Ventures x SuperteamDAO (India) https://twitter.com/ajm_ftx/status/1510339725059629058 Acquisition of Good Luck Games https://twitter.com/amytongwu/status/1506308327399063557 Backlash `https://kotaku.com/nft-crypto-blcckchain-storybook-brawl-card-f2p-steam-re-1848708120 FTX Africa https://twitter.com/amytongwu/status/1504095099873280005 Com2uS, a publicly-traded company, launched a token on FTX `https://twitter.com/amytongwu/status/1501675620832583684 FTX launch in Europe https://twitter.com/amytongwu/status/1500902895880974340 YGG India push for FTX https://twitter.com/amytongwu/status/1499075404887465994 FTX Future Fund https://ftxfuturefund.org/announcing-the-future-fund/ $400 million raise w/ plans for M&A's https://www.bloomberg.com/news/articles/2022-01-31/bankman-fried-s-ftx-valued-at-32-billion-after-latest-round Miscellaneous Blockchain gaming backlash https://www.vice.com/en/article/xgd78d/the-crypto-revolution-is-an-existential-crisis-for-video-games
Amy Wu, head of FTX ventures and gaming initiatives, discusses her role at FTX, what problems need to be addressed in the web3 gaming world, and her thoughts on APE and Yuga Labs as a board member of Apecoin DAO and investor in Yuga Labs. Show highlights: what Amy does at FTX how her background investing in gaming prepared her for her role at FTX Amy's vision for FTX's gaming studio how FTX is helping gaming studios get into web3 and NFTs why Amy thinks blockchain games are the evolution of the ‘free to play' gaming archetype what best practices Amy believes web2 companies should implement when transitioning into web3 gaming why there is so much backlash against traditional companies incorporating NFTs (hint: it's not just about environmental concerns) how FTX Ventures is looking to deploy capital and why it is so interested in Korea and India, specifically why Amy thinks the L1 wars will end with just a few winning chains why “consumer products” are going to be more important than high throughput blockchains in onboarding the next billion users what Amy's role as a board member of Apecoin DAO is like what Amy thinks about APE and Yuga Labs trends for the rest of 2022: social media, dating apps, and more… Tickets to the Cryptopians Book Clubs Go on Sale Today at 1pm ET! Today, Tuesday, April 26, at 1pm Eastern Time, we will sell the NFT tickets to five book clubs to discuss my book, The Cryptopians. All the book clubs, which are 90 minutes and limited to 22 participants each, will be hosted by me and will take place on my Discord from May 2nd to May 10th. The sale will will take place on Bitski: bitski.com/@laurashin/created The dates and times for the book clubs are: Monday, May 2, at 8 pm ET Tuesday May 3, at 1pm ET with Lefteris Karapetsas, Griff Green, and Christoph Jentzsch of the DAO Thursday, May 5, at 12pm Monday, May 9, at 12pm ET with Andrey Ternovskiy of Chatroulette Tuesday, May 10, at 3pm ET Again, the link for the sale is at https://www.bitski.com/@laurashin/created. Also, join me for a Twitter Spaces, hosted by Bitski (https://twitter.com/bitski), at 12pm ET today. Unchained Is Hiring! Find out information on the three openings at Unchained and how to apply here: part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/a Thank you to our sponsors! Ether Cards: https://galaxis.xyz Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Episode Links Amy Wu LinkedIn: https://www.linkedin.com/in/amytongwu/ Twitter: https://twitter.com/amytongwu Roles FTX Gaming https://twitter.com/amytongwu/status/1495834891858100232 Apecoin DAO Board https://twitter.com/amytongwu/status/1504238389737967622 FTX Ventures https://ventures.ftx.com/ FTX Stuff Going On NFT lounge at Coachella https://twitter.com/amytongwu/status/1515407892693745665 FTX Ventures x SuperteamDAO (India) https://twitter.com/ajm_ftx/status/1510339725059629058 Acquisition of Good Luck Games https://twitter.com/amytongwu/status/1506308327399063557 Backlash `https://kotaku.com/nft-crypto-blcckchain-storybook-brawl-card-f2p-steam-re-1848708120 FTX Africa https://twitter.com/amytongwu/status/1504095099873280005 Com2uS, a publicly-traded company, launched a token on FTX `https://twitter.com/amytongwu/status/1501675620832583684 FTX launch in Europe https://twitter.com/amytongwu/status/1500902895880974340 YGG India push for FTX https://twitter.com/amytongwu/status/1499075404887465994 FTX Future Fund https://ftxfuturefund.org/announcing-the-future-fund/ $400 million raise w/ plans for M&A's https://www.bloomberg.com/news/articles/2022-01-31/bankman-fried-s-ftx-valued-at-32-billion-after-latest-round Miscellaneous Blockchain gaming backlash https://www.vice.com/en/article/xgd78d/the-crypto-revolution-is-an-existential-crisis-for-video-games
Two policy experts, Chris Lehane, chief strategy officer at Haun Ventures, and Niki Christoff, the founder of Christoff and Co., discuss how the crypto industry has performed in Washington and how it can better educate more regulators and politicians about the technology. Show highlights: Niki and Chris' background how Niki and Chris would grade the performance of crypto companies in Washington what parallels Chris can draw between crypto in the 2020s and FAANG in the mid-90s whether having a plethora of crypto policy groups helps or hurts crypto in Washington whether calling politicians and regulators names and making memes of them helps or hurts the crypto industry an effective way crypto companies can prompt lawmakers and regulators to prioritize crypto policy why it can be strategically smarter to try to convince incumbents to adopt pro-crypto policy over supporting challengers why Chris thinks crypto could be a bipartisan topic what Chris and Niki think about the fact that Democratic candidates received more donations from people working in the crypto industry than Republicans did the three types of crypto users that are valuable to political candidates what Niki and Chris would tell Senator Elizabeth Warren about crypto if they were to meet with her today what effect crypto might have on midterms why the terminology native to crypto may have to change Unchained is hiring! Find out information on the three openings at Unchained and how to apply here: part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/ Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests. The sale will go live on Tuesday, April 26, at 1pm ET/10am PT, and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created Here is the schedule: Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at 7pm CET/1pm ET/10am PT with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/ Episode Links Chris Lehane LinkedIn: https://www.linkedin.com/in/chris-lehane-2562535/ Twitter: https://twitter.com/chrislehane Joining Haun Ventures https://twitter.com/chrislehane/status/1506395461187354624 Niki Christoff LinkedIn: https://www.linkedin.com/in/nikichristoff/ Twitter: https://twitter.com/NikiChristoff Miscellaneous Links Overview of crypto and politics https://www.citizen.org/article/capitol-coin-cryptocurrency-lobbying-revolving-door-report/ Biden's executive order Thread of official statements: https://twitter.com/crypto_council/status/1501606327621197835 Fact sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/ Overview: https://www.cnbc.com/2022/03/09/heres-whats-in-bidens-executive-order-on-crypto.html New bill from Senator Warren to crack down on sanctions evasion: https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/ DeFi Education Fund https://medium.com/@defieducationfund Blockchain Association https://theblockchainassociation.org/news/ Crypto Council for Innovation https://twitter.com/crypto_council/
Two policy experts, Chris Lehane, chief strategy officer at Haun Ventures, and Niki Christoff, the founder of Christoff and Co., discuss how the crypto industry has performed in Washington and how it can better educate more regulators and politicians about the technology. Show highlights: Niki and Chris' background how Niki and Chris would grade the performance of crypto companies in Washington what parallels Chris can draw between crypto in the 2020s and FAANG in the mid-90s whether having a plethora of crypto policy groups helps or hurts crypto in Washington whether calling politicians and regulators names and making memes of them helps or hurts the crypto industry an effective way crypto companies can prompt lawmakers and regulators to prioritize crypto policy why it can be strategically smarter to try to convince incumbents to adopt pro-crypto policy over supporting challengers why Chris thinks crypto could be a bipartisan topic what Chris and Niki think about the fact that Democratic candidates received more donations from people working in the crypto industry than Republicans did the three types of crypto users that are valuable to political candidates what Niki and Chris would tell Senator Elizabeth Warren about crypto if they were to meet with her today what effect crypto might have on midterms why the terminology native to crypto may have to change Unchained is hiring! Find out information on the three openings at Unchained and how to apply here: part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/ Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests. The sale will go live on Tuesday, April 26, at 1pm ET/10am PT, and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created Here is the schedule: Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at 7pm CET/1pm ET/10am PT with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/ Episode Links Chris Lehane LinkedIn: https://www.linkedin.com/in/chris-lehane-2562535/ Twitter: https://twitter.com/chrislehane Joining Haun Ventures https://twitter.com/chrislehane/status/1506395461187354624 Niki Christoff LinkedIn: https://www.linkedin.com/in/nikichristoff/ Twitter: https://twitter.com/NikiChristoff Miscellaneous Links Overview of crypto and politics https://www.citizen.org/article/capitol-coin-cryptocurrency-lobbying-revolving-door-report/ Biden's executive order Thread of official statements: https://twitter.com/crypto_council/status/1501606327621197835 Fact sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/ Overview: https://www.cnbc.com/2022/03/09/heres-whats-in-bidens-executive-order-on-crypto.html New bill from Senator Warren to crack down on sanctions evasion: https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/ DeFi Education Fund https://medium.com/@defieducationfund Blockchain Association https://theblockchainassociation.org/news/ Crypto Council for Innovation https://twitter.com/crypto_council/
Stuart Levi, co-head of the Technology Transaction and Intellectual Property Group at Skadden Arps, and Marta Belcher, general counsel and Head of Policy at Protocol Labs, break down the legal issues surrounding NFTs specifically in the context of Yuga Labs' recent purchase of CryptoPunks and Meebits IP rights. Show highlights: the definitions and differences between copyrights, trademarks, and rights of publicity (name, image, likeness) how NFT projects have evolved in the past 12-18 months and what that means for the rights of NFT holders why NBA Top Shot's licensing model is the best model for famous brands entering the NFT space how the popularity of PFPs and the open-source ethos of crypto has led to confusion regarding the commercial rights of NFT holders what you are getting when you buy an NFT (hint, it's not copyright) the misconceptions surrounding Yuga Labs' acquisition of Crypto Punks and Meebits why Bored Ape Yacht Club NFT holders most likely cannot use the Bored Ape Yacht Club brand or logo what issues web3 projects face in getting NFT holders to accept terms and conditions why web3 projects should protect their trademark what a Creative Commons license is, and how it can be used in the NFT space what sort of licenses exist in the NFT space why secondary sales and transfers of NFTs pose such massive problems for copyright and trademark owners how marketplaces are handling terms and conditions what NFT projects can do to help the transfer of copyrights and trademarks Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests. The sale will go live on Tuesday, April 26, at 1pm ET/10am PT, and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created Here is the schedule: Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at a time TBD with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/ Episode Link: Marta Belcher https://www.linkedin.com/in/martabelcher https://twitter.com/MartaBelcher Stuart Levi https://www.linkedin.com/in/stuartlevi/ Content on NFT IP/Legal Issues Josh Durham on IP rights and NFTs https://lexdao.substack.com/p/protecting-your-nft-personal-property-rights?s=r Punk 6529 on CryptoPunks and Yuga Labs https://threadreaderapp.com/thread/1502595586960367617.html Decrypt on stolen IP https://decrypt.co/96637/nfts-have-a-problem-with-copyright-theft Why IP rights are meaningless https://twitter.com/nftlawguy/status/1509233036369416192 IP questions from DC Investor https://twitter.com/iamDCinvestor/status/1509187304027529222 The Copyright NFT bible https://medium.com/initc3org/copyright-vulnerabilities-in-nfts-317e02d8ae26 What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss https://unchainedpodcast.com/what-exactly-do-you-get-when-you-buy-an-nft-three-lawyers-discuss/ Difference between copyright and trademark https://www.nerdwallet.com/article/small-business/trademark-vs-copyright
Stuart Levi, co-head of the Technology Transaction and Intellectual Property Group at Skadden Arps, and Marta Belcher, general counsel and Head of Policy at Protocol Labs, break down the legal issues surrounding NFTs specifically in the context of Yuga Labs' recent purchase of CryptoPunks and Meebits IP rights. Show highlights: the definitions and differences between copyrights, trademarks, and rights of publicity (name, image, likeness) how NFT projects have evolved in the past 12-18 months and what that means for the rights of NFT holders why NBA Top Shot's licensing model is the best model for famous brands entering the NFT space how the popularity of PFPs and the open-source ethos of crypto has led to confusion regarding the commercial rights of NFT holders what you are getting when you buy an NFT (hint, it's not copyright) the misconceptions surrounding Yuga Labs' acquisition of Crypto Punks and Meebits why Bored Ape Yacht Club NFT holders most likely cannot use the Bored Ape Yacht Club brand or logo what issues web3 projects face in getting NFT holders to accept terms and conditions why web3 projects should protect their trademark what a Creative Commons license is, and how it can be used in the NFT space what sort of licenses exist in the NFT space why secondary sales and transfers of NFTs pose such massive problems for copyright and trademark owners how marketplaces are handling terms and conditions what NFT projects can do to help the transfer of copyrights and trademarks Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests. The sale will go live on Tuesday, April 26, at 1pm ET/10am PT, and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created Here is the schedule: Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at a time TBD with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/ Episode Link: Marta Belcher https://www.linkedin.com/in/martabelcher https://twitter.com/MartaBelcher Stuart Levi https://www.linkedin.com/in/stuartlevi/ Content on NFT IP/Legal Issues Josh Durham on IP rights and NFTs https://lexdao.substack.com/p/protecting-your-nft-personal-property-rights?s=r Punk 6529 on CryptoPunks and Yuga Labs https://threadreaderapp.com/thread/1502595586960367617.html Decrypt on stolen IP https://decrypt.co/96637/nfts-have-a-problem-with-copyright-theft Why IP rights are meaningless https://twitter.com/nftlawguy/status/1509233036369416192 IP questions from DC Investor https://twitter.com/iamDCinvestor/status/1509187304027529222 The Copyright NFT bible https://medium.com/initc3org/copyright-vulnerabilities-in-nfts-317e02d8ae26 What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss https://unchainedpodcast.com/what-exactly-do-you-get-when-you-buy-an-nft-three-lawyers-discuss/ Difference between copyright and trademark https://www.nerdwallet.com/article/small-business/trademark-vs-copyright
Mike Brock, general manager of TBD at Block, discusses how TBD's yet-to-be-released DEX is structured, explains why he thinks decentralized solutions do not necessarily need blockchains, and tells the humorous story about how Jack Dorsey convinced him to start working on a Bitcoin project. Show highlights: what TBD is and what its relation to Block (formerly Square) is how TBD differs from Spiral, another Block-based Bitcoin firm how tbDEX works and why building on-ramps and off-ramps to crypto is so important who will be supplying the liquidity for tbDEX why Mike is passionate about creating digital identity infrastructure how tbDEX will incorporate digital identity tooling into its protocol what Mike thinks about Vitalik Buterin's misgivings concerning tbDEX's design why Mike fell down the rabbit hole (thanks Jack Dorsey) what lessons Mike learned at CashApp that he is using at TBD which stablecoin TBD will be working with why Mike is not a believer in DeFi why tbDEX (or, seemingly, other TBD products) will not utilize tokens Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Ether Cards: https://ether.cards/ Episode Links Mike Brock Twitter; https://twitter.com/brockm LinkedIn: https://www.linkedin.com/in/mike-brock-9030813/ Introduction to TBD: https://twitter.com/brockm/status/1415795490914856961 TBD Twitter: https://twitter.com/tbd54566975?lang=en GitHub: https://github.com/TBD54566975/tbdex-whitepaper Whitepaper https://tbd54566975.ghost.io/introducing-tbdex/ https://tbdex.io/whitepaper.pdf Careers: https://block.xyz/careers?search=tbd Other Origin of name: https://twitter.com/TBD54566975/status/1424818221652324355 Vitalik's reticence: https://cryptopotato.com/vitalik-buterin-tells-how-jack-dorseys-tbd-might-build-the-bitcoin-dex/ Other Topics Spiral (lightning development). Brock helped set up Spiral. Twitter: https://twitter.com/spiralbtc Website: https://spiral.xyz/ CashApp Impressive BTC revenue: https://decrypt.co/93793/block-bitcoin-earnings-cash-app-hit-nearly-2-billion-q4 Lightning network: https://blockworks.co/cash-app-integrates-lightning-network-for-bitcoin-payments/ Aaron Levie https://twitter.com/levie
Mike Brock, general manager of TBD at Block, discusses how TBD's yet-to-be-released DEX is structured, explains why he thinks decentralized solutions do not necessarily need blockchains, and tells the humorous story about how Jack Dorsey convinced him to start working on a Bitcoin project. Show highlights: what TBD is and what its relation to Block (formerly Square) is how TBD differs from Spiral, another Block-based Bitcoin firm how tbDEX works and why building on-ramps and off-ramps to crypto is so important who will be supplying the liquidity for tbDEX why Mike is passionate about creating digital identity infrastructure how tbDEX will incorporate digital identity tooling into its protocol what Mike thinks about Vitalik Buterin's misgivings concerning tbDEX's design why Mike fell down the rabbit hole (thanks Jack Dorsey) what lessons Mike learned at CashApp that he is using at TBD which stablecoin TBD will be working with why Mike is not a believer in DeFi why tbDEX (or, seemingly, other TBD products) will not utilize tokens Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/ Episode Links Mike Brock Twitter; https://twitter.com/brockm LinkedIn: https://www.linkedin.com/in/mike-brock-9030813/ Introduction to TBD: https://twitter.com/brockm/status/1415795490914856961 TBD Twitter: https://twitter.com/tbd54566975?lang=en GitHub: https://github.com/TBD54566975/tbdex-whitepaper Whitepaper https://tbd54566975.ghost.io/introducing-tbdex/ https://tbdex.io/whitepaper.pdf Careers: https://block.xyz/careers?search=tbd Other Origin of name: https://twitter.com/TBD54566975/status/1424818221652324355 Vitalik's reticence: https://cryptopotato.com/vitalik-buterin-tells-how-jack-dorseys-tbd-might-build-the-bitcoin-dex/ Other Topics Spiral (lightning development). Brock helped set up Spiral. Twitter: https://twitter.com/spiralbtc Website: https://spiral.xyz/ CashApp Impressive BTC revenue: https://decrypt.co/93793/block-bitcoin-earnings-cash-app-hit-nearly-2-billion-q4 Lightning network: https://blockworks.co/cash-app-integrates-lightning-network-for-bitcoin-payments/ Aaron Levie https://twitter.com/levie
Do Kwon is the CEO of Terraform Labs and a director at Luna Foundation Guard. On Unchained, he explains why LFG is spearheading a plan to partially back Terra's $15 billion stablecoin UST with Bitcoin. He also dives into another project idea that would transform developer salaries into financial assets that, as far as I can tell, he has not yet spoken about publicly. Part 1: Everything you need to know about Terra, UST, and BTC. how Terra works and why Do thinks UST will soon be the third-largest stablecoin why Do and LFG decided to back UST with bitcoin why Do thinks LUNA's price will continue to appreciate despite UST's new dependence on bitcoin how UST might perform if the price of a bitcoin were to crash why diversifying UST with different types of collateral could help Terra politically how LFG plans to use bridges, smart contracts, and an AMM reserve pool to secure its bitcoin why Do thinks Terra is now a Layer 2 project for Bitcoin who is deciding to purchase bitcoin and who determines what other assets to purchase as collateral for UST how a bitcoin reserve pool would help UST not de-peg from the dollar whether Do thinks Anchor's 19%+ yield is sustainable and why Anchor is moving to other chains Part 2: Do, the self-described “toymaker” of DeFi. why Do is fascinated with creating a fungible labor market how developer working hours could become a token traded on an AMM and used to take out loans why Do thinks developer salaries in crypto should be cyclical how on-chain identity and history will be similar to credit scores why Do is a personal fan of Thorchain – but is reticent to use it as a bridge for LFG why Do is interested in Prism Protocol what Do thinks the impact of a pro-crypto president will have on South Korea Book events Keep up on all the latest events here! https://www.laurashin.com/book/#tour-dates Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Upcoming Book Events Wednesday, March 30: I'll be speaking (remotely) with Six Senses about The Cryptopians at 2 pm ET. Be sure to save your spot soon – space is limited! Tuesday, April 5: I will be doing a reading and signing hosted by the City of Miami Beach and Future Perfect Ventures at Sky Yard from 6-8 pm. Jalak Jobanputra, CEO of Future Perfect Ventures will be interviewing me. You need to RSVP by April 1 to dianafontani@miamibeachfl.gov. Saturday, April 9: I will be on a panel at the Annapolis Book Festival at 11 am. Tuesday, April 12: I will be at StartupGrind's global event in Redwood City, which is focused this year on Web3 (time → TBD). May 4-7: I will be in conversation with author Jimmy Soni at the PBS Seattle Crosscut Festival, which takes place from May 4-7. May 23-25: I will be at the Oslo Freedom Forum which takes place from May 23 to 25. Details on these events are TBD. Episode Links Do Kwon https://twitter.com/stablekwon Previous Unchained appearance: https://www.youtube.com/watch?v=683fXfedOZY Terra Twitter: https://twitter.com/terra_money Luna Foundation Guard: https://lfg.org/team/ LFG Purchases Pomp – the $10B Bitcoin Bet on Stablecoins https://pomp.substack.com/p/the-10-billion-bitcoin-bet-on-stablecoins?s=w 3/10 BTC purchase https://twitter.com/LFG_org/status/1503680315969060864 $1 BTC billion purchase https://twitter.com/terra_money/status/1496162889085902856 TFL x LFG relationship https://twitter.com/stablekwon/status/1502225674840555523 Terraform Labs proposal to make Terra inter-chain https://agora.terra.money/t/ust-goes-interchain-reasonable-strats-part-five/5024 Anchor Going Cross Chain to Avalanche https://twitter.com/CryptoHarry_/status/1504309092411920387 Jump's BTC reserve proposal https://twitter.com/terra_money/status/1506736478449127425 Recent worries about Anchor APY being sustainable Do said Anchor yield shouldn't be sustainable (marketing scheme) https://twitter.com/stablekwon/status/1503154137420079107 Arca + Polychain proposal: https://twitter.com/jdorman81/status/1502024302526304262 South Korea's new President https://asia.nikkei.com/Spotlight/Cryptocurrencies/South-Korea-s-incoming-president-vows-big-cryptocurrency-push SEC subpoena https://www.coindesk.com/policy/2021/12/10/most-influential-2021-do-kwon/
Do Kwon is the CEO of Terraform Labs and a director at Luna Foundation Guard. On Unchained, he explains why LFG is spearheading a plan to partially back Terra's $15 billion stablecoin UST with Bitcoin. He also dives into another project idea that would transform developer salaries into financial assets that, as far as I can tell, he has not yet spoken about publicly. Part 1: Everything you need to know about Terra, UST, and BTC. how Terra works and why Do thinks UST will soon be the third-largest stablecoin why Do and LFG decided to back UST with bitcoin why Do thinks LUNA's price will continue to appreciate despite UST's new dependence on bitcoin how UST might perform if the price of a bitcoin were to crash why diversifying UST with different types of collateral could help Terra politically how LFG plans to use bridges, smart contracts, and an AMM reserve pool to secure its bitcoin why Do thinks Terra is now a Layer 2 project for Bitcoin who is deciding to purchase bitcoin and who determines what other assets to purchase as collateral for UST how a bitcoin reserve pool would help UST not de-peg from the dollar whether Do thinks Anchor's 19%+ yield is sustainable and why Anchor is moving to other chains Part 2: Do, the self-described “toymaker” of DeFi. why Do is fascinated with creating a fungible labor market how developer working hours could become a token traded on an AMM and used to take out loans why Do thinks developer salaries in crypto should be cyclical how on-chain identity and history will be similar to credit scores why Do is a personal fan of Thorchain – but is reticent to use it as a bridge for LFG why Do is interested in Prism Protocol what Do thinks the impact of a pro-crypto president will have on South Korea Book events Keep up on all the latest events here! https://www.laurashin.com/book/#tour-dates Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Upcoming Book Events Wednesday, March 30: I'll be speaking (remotely) with Six Senses about The Cryptopians at 2 pm ET. Be sure to save your spot soon – space is limited! Tuesday, April 5: I will be doing a reading and signing hosted by the City of Miami Beach and Future Perfect Ventures at Sky Yard from 6-8 pm. Jalak Jobanputra, CEO of Future Perfect Ventures will be interviewing me. You need to RSVP by April 1 to dianafontani@miamibeachfl.gov. Saturday, April 9: I will be on a panel at the Annapolis Book Festival at 11 am. Tuesday, April 12: I will be at StartupGrind's global event in Redwood City, which is focused this year on Web3 (time → TBD). May 4-7: I will be in conversation with author Jimmy Soni at the PBS Seattle Crosscut Festival, which takes place from May 4-7. May 23-25: I will be at the Oslo Freedom Forum which takes place from May 23 to 25. Details on these events are TBD. Episode Links Do Kwon https://twitter.com/stablekwon Previous Unchained appearance: https://www.youtube.com/watch?v=683fXfedOZY Terra Twitter: https://twitter.com/terra_money Luna Foundation Guard: https://lfg.org/team/ LFG Purchases Pomp – the $10B Bitcoin Bet on Stablecoins https://pomp.substack.com/p/the-10-billion-bitcoin-bet-on-stablecoins?s=w 3/10 BTC purchase https://twitter.com/LFG_org/status/1503680315969060864 $1 BTC billion purchase https://twitter.com/terra_money/status/1496162889085902856 TFL x LFG relationship https://twitter.com/stablekwon/status/1502225674840555523 Terraform Labs proposal to make Terra inter-chain https://agora.terra.money/t/ust-goes-interchain-reasonable-strats-part-five/5024 Anchor Going Cross Chain to Avalanche https://twitter.com/CryptoHarry_/status/1504309092411920387 Jump's BTC reserve proposal https://twitter.com/terra_money/status/1506736478449127425 Recent worries about Anchor APY being sustainable Do said Anchor yield shouldn't be sustainable (marketing scheme) https://twitter.com/stablekwon/status/1503154137420079107 Arca + Polychain proposal: https://twitter.com/jdorman81/status/1502024302526304262 South Korea's new President https://asia.nikkei.com/Spotlight/Cryptocurrencies/South-Korea-s-incoming-president-vows-big-cryptocurrency-push SEC subpoena https://www.coindesk.com/policy/2021/12/10/most-influential-2021-do-kwon/
Illia Polosukhin, co-founder NEAR Protocol, and George Kikvadze, executive vice chairman at BitFury Group, both of whom have called Ukraine “home” at one point in their lives, discuss Russia's invasion of Ukraine, the role crypto is playing in the war, and the various avenues crypto users can donate to. Show topics: George and Illia's background in crypto George and Ilia's connection to Ukraine why crypto is so popular in Ukraine what supplies are being purchased with donated crypto how to donate crypto to Ukraine why Patreon blocked donations to Come Back Alive, a Ukrainian NGO George and Illia's estimation of the amount of crypto donations received by Ukraine what department of Ukraine's government spearheaded its adoption of crypto what happened with the canceled airdrop the different organizations accepting crypto donations in Ukraine Upcoming Book Events Friday, March 25: I'll be on the Harvard campus at HBS Aldrich 011 from 4 pm ET - 5 pm ET. This is *not* open to the general public, but we have a few spots we can give away, first come, first serve. Email hello@unchainedpodcast.com, subject line "Harvard reading." Wednesday, March 30: I'll be speaking (remotely) with Six Senses about The Cryptopians at 2 pm ET. Be sure to save your spot soon – space is limited! Tuesday, April 5: I will be doing a reading and signing hosted by the City of Miami Beach and Future Perfect Ventures at Sky Yard from 6-8 pm. Jalak Jobanputra, CEO of Future Perfect Ventures will be interviewing me. You need to RSVP by April 1 to dianafontani@miamibeachfl.gov. Saturday, April 9: I will be on a panel at the Annapolis Book Festival at 11 am. Tuesday, April 12: I will be at StartupGrind's global event in Redwood City, which is focused this year on Web3 (time → TBD). May 4-7: I will be at the PBS Seattle Crosscut Festival, which takes place from May 4-7. May 23-25: I will be at the Oslo Freedom Forum which takes place from May 23 to 25. Details on these events are TBD. Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links George Kikvadze, executive vice chairman at BitFury Group Twitter: https://twitter.com/BitfuryGeorge LinkedIn: https://www.linkedin.com/in/george-kikvadze-6256175/ Illia Polosukhin, co-founder NEAR Protocol Twitter: https://twitter.com/ilblackdragon LinkedIn: https://www.linkedin.com/in/illia-polosukhin-77b6538/ Raising $ for Ukraine via Unchain Fund https://www.bloomberg.com/news/articles/2022-03-09/ukraine-s-crypto-community-sends-donation-support-after-russia-invasion https://www.coindesk.com/layer2/2022/03/01/absolutely-surreal-inside-a-fund-raising-millions-in-crypto-for-besieged-ukraine/ https://www.theverge.com/2022/2/26/22952357/ukraine-bitcoin-ethereum-donation-vitalik-buterin https://thedefiant.io/ukraine-blockchain-development-teams/ Unchain Fund: https://unchain.fund/ Come Back Alive: https://www.comebackalive.in.ua/ Government Website for Crypto Donations: https://donate.thedigital.gov.ua/ Ukraine x Crypto Ukraine purchasing supplies https://www.coindesk.com/policy/2022/03/07/ukraine-is-buying-bulletproof-vests-and-night-vision-goggles-using-crypto/ https://twitter.com/abornyakov/status/1502231351273172992?s=21 Live update from on Ukrainian crypto funds received https://www.elliptic.co/blog/live-updates-millions-in-crypto-crowdfunded-for-the-ukrainian-military Ukraine accepting crypto: https://twitter.com/Ukraine/status/1497594592438497282 Ukraine NFT launch to reflect history https://www.theguardian.com/world/2022/mar/13/ukraine-nft-history-of-russian-invasion-war Unchained Coverage https://unchainedpodcast.com/how-ukraine-is-leveraging-crypto-in-its-fight-against-russia/ https://unchainedpodcast.com/the-chopping-block-in-the-first-crypto-war-how-should-the-money-be-spent/
Illia Polosukhin, co-founder NEAR Protocol, and George Kikvadze, executive vice chairman at BitFury Group, both of whom have called Ukraine “home” at one point in their lives, discuss Russia's invasion of Ukraine, the role crypto is playing in the war, and the various avenues crypto users can donate to. Show topics: George and Illia's background in crypto George and Ilia's connection to Ukraine why crypto is so popular in Ukraine what supplies are being purchased with donated crypto how to donate crypto to Ukraine why Patreon blocked donations to Come Back Alive, a Ukrainian NGO George and Illia's estimation of the amount of crypto donations received by Ukraine what department of Ukraine's government spearheaded its adoption of crypto what happened with the canceled airdrop the different organizations accepting crypto donations in Ukraine Upcoming Book Events Friday, March 25: I'll be on the Harvard campus at HBS Aldrich 011 from 4 pm ET - 5 pm ET. This is *not* open to the general public, but we have a few spots we can give away, first come, first serve. Email hello@unchainedpodcast.com, subject line "Harvard reading." Wednesday, March 30: I'll be speaking (remotely) with Six Senses about The Cryptopians at 2 pm ET. Be sure to save your spot soon – space is limited! Tuesday, April 5: I will be doing a reading and signing hosted by the City of Miami Beach and Future Perfect Ventures at Sky Yard from 6-8 pm. Jalak Jobanputra, CEO of Future Perfect Ventures will be interviewing me. You need to RSVP by April 1 to dianafontani@miamibeachfl.gov. Saturday, April 9: I will be on a panel at the Annapolis Book Festival at 11 am. Tuesday, April 12: I will be at StartupGrind's global event in Redwood City, which is focused this year on Web3 (time → TBD). May 4-7: I will be at the PBS Seattle Crosscut Festival, which takes place from May 4-7. May 23-25: I will be at the Oslo Freedom Forum which takes place from May 23 to 25. Details on these events are TBD. Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links George Kikvadze, executive vice chairman at BitFury Group Twitter: https://twitter.com/BitfuryGeorge LinkedIn: https://www.linkedin.com/in/george-kikvadze-6256175/ Illia Polosukhin, co-founder NEAR Protocol Twitter: https://twitter.com/ilblackdragon LinkedIn: https://www.linkedin.com/in/illia-polosukhin-77b6538/ Raising $ for Ukraine via Unchain Fund https://www.bloomberg.com/news/articles/2022-03-09/ukraine-s-crypto-community-sends-donation-support-after-russia-invasion https://www.coindesk.com/layer2/2022/03/01/absolutely-surreal-inside-a-fund-raising-millions-in-crypto-for-besieged-ukraine/ https://www.theverge.com/2022/2/26/22952357/ukraine-bitcoin-ethereum-donation-vitalik-buterin https://thedefiant.io/ukraine-blockchain-development-teams/ Unchain Fund: https://unchain.fund/ Come Back Alive: https://www.comebackalive.in.ua/ Government Website for Crypto Donations: https://donate.thedigital.gov.ua/ Ukraine x Crypto Ukraine purchasing supplies https://www.coindesk.com/policy/2022/03/07/ukraine-is-buying-bulletproof-vests-and-night-vision-goggles-using-crypto/ https://twitter.com/abornyakov/status/1502231351273172992?s=21 Live update from on Ukrainian crypto funds received https://www.elliptic.co/blog/live-updates-millions-in-crypto-crowdfunded-for-the-ukrainian-military Ukraine accepting crypto: https://twitter.com/Ukraine/status/1497594592438497282 Ukraine NFT launch to reflect history https://www.theguardian.com/world/2022/mar/13/ukraine-nft-history-of-russian-invasion-war Unchained Coverage https://unchainedpodcast.com/how-ukraine-is-leveraging-crypto-in-its-fight-against-russia/ https://unchainedpodcast.com/the-chopping-block-in-the-first-crypto-war-how-should-the-money-be-spent/
In this conversation, we chat with Edward Woodford, Co-Founder and CEO of Zero Hash. Zero Hash's mission is to empower innovators by delivering access to the financial system 2.0. Zero Hash provides the complete turnkey solution to allow platforms to launch digital assets and own the client experience, without any regulatory overhead and a light technical lift. Zero Hash's clients include Neo-banks, broker dealers and payment groups. Prior to founding Zero Hash, he gained experience at a series of hedge funds and start ups including founder a US-based CFTC-registered derivatives execution venue. Edward holds a B.A. in Philosophy, Politics and Economics from University of Warwick (United Kingdom) and a Master of Finance from the Massachusetts Institute of Technology (US). He was named in Forbes' 30 Under 30 in 2018. More specifically, we touch on CFTC regulated marketplaces for Hemp, launching a digital asset trading business, Embedded finance and API-driven businesses, the US regulatory patchwork for traditional financial service companies vs new banking-as-a-service companies, third-part crypto wallet providers and so so much more!
Jack of all metaverse-trades Chase Chapman discusses her experience working for DAOs, how DAO tooling and governance can improve, and drops a hot take about Discord. Chase brings a unique perspective to Unchained as a co-founder and advisor at Decentology, host of On the Other Side podcast, and active DAO contributor at Orca, Index Coop, and Rabbit Hole. Show topics: how Chase got into crypto new avenues for bringing more women into crypto how DAOs change the nature of work how Chase gets paid – and why her accountants might start ducking her calls why Chase is passionate about DAOs having a core set of values why Chase thinks terms like “permissionless” and “decentralized” should not be used to describe DAOs what DAOs can learn from corporate structures why Chase is coming around to the idea that DAOs might not need a single HR department how DAOs are dealing with inactive whale token holders versus DAO contributors (who own smaller amounts of token) what suggestions Chase has for some of the recent big DAO controversies involving Ethereum Name Service and SushiSwap the role of anonymity in DAOs which DAO tools Chase is impressed with and what SnapShot has in common with Wikipedia why Discord is not that bad for DAO management how Chase envisions DAOs and NFTs intersecting in the future what DAO trends Chase is looking forward to in the coming months Sponsors Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links Chase Chapman Twitter: https://twitter.com/chaserchapman Jobs Decentology: https://www.decentology.com/ On the Other Side: https://www.othersidepod.xyz/ Index Coop: https://twitter.com/indexcoop Orca Protocol: https://twitter.com/OrcaProtocol RabbitHole: https://twitter.com/rabbithole_gg Interesting tweets/blogs/podcasts from Chase on DAOs https://twitter.com/chaserchapman/status/1460257486888448003 https://twitter.com/chaserchapman/status/1500136746301992961 https://mirror.xyz/chappy.eth/Rw4sMBofUrVGj3QjzErkWkP9UNP1JYhcyX7CLOwgUD4 https://twitter.com/chaserchapman/status/1483124528679211022 https://twitter.com/chaserchapman/status/1494359483958636550 https://twitter.com/chaserchapman/status/1491856996819247111 https://twitter.com/chaserchapman/status/1492210731789520897 Miscellaneous Mentions she256: https://twitter.com/she_256 Snapshot: https://twitter.com/SnapshotLabs Brantly Millegan is staying at ENS Foundation: https://www.coindesk.com/markets/2022/03/07/brantly-millegan-remains-a-director-of-ens-foundation-after-failed-attempt-to-boot-him/ SushiSwap leadership drama: https://www.coindesk.com/tech/2021/12/08/sushi-cto-joseph-delong-resigns-after-reports-of-project-infighting/ Wonderland drama: https://www.theblockcrypto.com/post/131931/avalanche-defi-wonderland-time-0xsifu-quadrigacx-patryn Coordinape: https://coordinape.com/
Jack of all metaverse-trades Chase Chapman discusses her experience working for DAOs, how DAO tooling and governance can improve, and drops a hot take about Discord. Chase brings a unique perspective to Unchained as a co-founder and advisor at Decentology, host of On the Other Side podcast, and active DAO contributor at Orca, Index Coop, and Rabbit Hole. Show topics: how Chase got into crypto new avenues for bringing more women into crypto how DAOs change the nature of work how Chase gets paid – and why her accountants might start ducking her calls why Chase is passionate about DAOs having a core set of values why Chase thinks terms like “permissionless” and “decentralized” should not be used to describe DAOs what DAOs can learn from corporate structures why Chase is coming around to the idea that DAOs might not need a single HR department how DAOs are dealing with inactive whale token holders versus DAO contributors (who own smaller amounts of token) what suggestions Chase has for some of the recent big DAO controversies involving Ethereum Name Service and SushiSwap the role of anonymity in DAOs which DAO tools Chase is impressed with and what SnapShot has in common with Wikipedia why Discord is not that bad for DAO management how Chase envisions DAOs and NFTs intersecting in the future what DAO trends Chase is looking forward to in the coming months Sponsors Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links Chase Chapman Twitter: https://twitter.com/chaserchapman Jobs Decentology: https://www.decentology.com/ On the Other Side: https://www.othersidepod.xyz/ Index Coop: https://twitter.com/indexcoop Orca Protocol: https://twitter.com/OrcaProtocol RabbitHole: https://twitter.com/rabbithole_gg Interesting tweets/blogs/podcasts from Chase on DAOs https://twitter.com/chaserchapman/status/1460257486888448003 https://twitter.com/chaserchapman/status/1500136746301992961 https://mirror.xyz/chappy.eth/Rw4sMBofUrVGj3QjzErkWkP9UNP1JYhcyX7CLOwgUD4 https://twitter.com/chaserchapman/status/1483124528679211022 https://twitter.com/chaserchapman/status/1494359483958636550 https://twitter.com/chaserchapman/status/1491856996819247111 https://twitter.com/chaserchapman/status/1492210731789520897 Miscellaneous Mentions she256: https://twitter.com/she_256 Snapshot: https://twitter.com/SnapshotLabs Brantly Millegan is staying at ENS Foundation: https://www.coindesk.com/markets/2022/03/07/brantly-millegan-remains-a-director-of-ens-foundation-after-failed-attempt-to-boot-him/ SushiSwap leadership drama: https://www.coindesk.com/tech/2021/12/08/sushi-cto-joseph-delong-resigns-after-reports-of-project-infighting/ Wonderland drama: https://www.theblockcrypto.com/post/131931/avalanche-defi-wonderland-time-0xsifu-quadrigacx-patryn Coordinape: https://coordinape.com/
While researching for The Cryptopians, I discovered that Andrey Ternovskiy, the founder of internet sensation Chatroulette, was heavily involved in The DAO back in 2016. In this episode, we skirt around revealing major spoilers from The Cryptopians and discuss Andrey's experience founding Chatroulette, how he fell down the crypto rabbit hole, whether hacking smart contracts is ethical, and more. Show topics: Andrey's background how Andrey's struggles with PayPal at Chatroulette led him to quickly understand the need for crypto what Andrey's involvement at Chatroulette is the different ways Andrey thinks crypto can disrupt middlemen why Andrey became infatuated with the narrative behind the “crypto” movement why Andrey became a fan of Ethereum why Andrey decided to tell me about his previously undisclosed involvement in The DAO and early Ethereum whether hacking smart contracts is ethical (or legal) what Andrey thinks about how Ukraine has used crypto in its fight against Russia's invasion why Andrey will most likely not decentralize Chatroulette what Andrey's perspective is on decentralization in terms of DeFi and DAOs Upcoming Book Events For folks in the Bay Area: On Tuesday March 8, I'll be doing a reading and signing at San Francisco's Commonwealth Club, moderated by The Information's Kate Clark. Doors open at 5:15 p.m. , the program begins at 6 p.m., and the book signing is at 7 p.m. https://www.commonwealthclub.org/events/2022-03-08/laura-shin-inside-first-cryptocurrency-craze For people in Seattle: I'll be doing a reading and signing as part of town Hall Seattle on Wednesday March 9, at 7:30pm at The Forum, moderated by Steve Scher, of Town Hall Seattle. https://townhallseattle.org/event/laura-shin/ And, I may also be at SXSW on March 12 — details still TBD, and I may also be in Boston at Harvard the weekend of March 26. No promises on either score, but I guess if you feel strongly about either one, you can tweet at me, as that might tip the scales. On April 5th, I'll be in Miami doing a reading, and on April 9th, I'll be in Annapolis at the Annapolis Book Festival. Finally, on March 23rd, I'll be doing a virtual reading with Powell's bookstore at 8pm Eastern Time/5pm Pacific Time, and Jeff Roberts, executive editor of Decrypt and author of Kings of Crypto will be moderating. Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links Andrey Ternovskiy: https://www.crunchbase.com/person/andrey-ternovskiy Chatroulette: https://chatroulette.com/ The Cryptopians http://bit.ly/cryptopians On Amazon: https://www.amazon.com/Cryptopians-Idealism-Greed-Making-Cryptocurrency/dp/1541763017/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1645037311&sr=8-2 On Barnes. &. Noble: https://www.barnesandnoble.com/w/the-cryptopians-laura-shin/1138980345?ean=9781541763012 On Bookshop.org: https://bookshop.org/books/the-cryptopians-idealism-greed-lies-and-the-making-of-the-first-big-cryptocurrency-craze/9781541763012 Unchained: https://unchainedpodcast.com/how-writing-the-cryptopians-shaped-my-views-on-ethereum/ DAO Hacker Reveal: Forbes: https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/ Unchained: https://unchainedpodcast.com/exclusive-cryptos-biggest-whodunnit-who-was-behind-the-2016-dao-attack-on-ethereum/ Medium: https://medium.com/@laurashin/who-hacked-the-dao-on-ethereum-heres-how-we-jumped-past-one-critical-step-60aec489a127 Bulletin: https://laurashin.bulletin.com/who-was-behind-the-2016-dao-attack-on-ethereum-the-backstory-to-my-investigation Forbes on YouTube: https://www.youtube.com/watch?v=PuICbAucfn0 Daily Tech News Show: https://www.twitch.tv/videos/1306972988 The DAO Hack https://www.coindesk.com/learn/2016/06/25/understanding-the-dao-attack/ https://www.gemini.com/cryptopedia/the-dao-hack-makerdao https://unchainedpodcast.com/how-matthew-leising-confronted-his-suspects-in-the-dao-attacks/
While researching for The Cryptopians, I discovered that Andrey Ternovskiy, the founder of internet sensation Chatroulette, was heavily involved in The DAO back in 2016. In this episode, we skirt around revealing major spoilers from The Cryptopians and discuss Andrey's experience founding Chatroulette, how he fell down the crypto rabbit hole, whether hacking smart contracts is ethical, and more. Show topics: Andrey's background how Andrey's struggles with PayPal at Chatroulette led him to quickly understand the need for crypto what Andrey's involvement at Chatroulette is the different ways Andrey thinks crypto can disrupt middlemen why Andrey became infatuated with the narrative behind the “crypto” movement why Andrey became a fan of Ethereum why Andrey decided to tell me about his previously undisclosed involvement in The DAO and early Ethereum whether hacking smart contracts is ethical (or legal) what Andrey thinks about how Ukraine has used crypto in its fight against Russia's invasion why Andrey will most likely not decentralize Chatroulette what Andrey's perspective is on decentralization in terms of DeFi and DAOs Upcoming Book Events For folks in the Bay Area: On Tuesday March 8, I'll be doing a reading and signing at San Francisco's Commonwealth Club, moderated by The Information's Kate Clark. Doors open at 5:15 p.m. , the program begins at 6 p.m., and the book signing is at 7 p.m. https://www.commonwealthclub.org/events/2022-03-08/laura-shin-inside-first-cryptocurrency-craze For people in Seattle: I'll be doing a reading and signing as part of town Hall Seattle on Wednesday March 9, at 7:30pm at The Forum, moderated by Steve Scher, of Town Hall Seattle. https://townhallseattle.org/event/laura-shin/ And, I may also be at SXSW on March 12 — details still TBD, and I may also be in Boston at Harvard the weekend of March 26. No promises on either score, but I guess if you feel strongly about either one, you can tweet at me, as that might tip the scales. On April 5th, I'll be in Miami doing a reading, and on April 9th, I'll be in Annapolis at the Annapolis Book Festival. Finally, on March 23rd, I'll be doing a virtual reading with Powell's bookstore at 8pm Eastern Time/5pm Pacific Time, and Jeff Roberts, executive editor of Decrypt and author of Kings of Crypto will be moderating. Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links Andrey Ternovskiy: https://www.crunchbase.com/person/andrey-ternovskiy Chatroulette: https://chatroulette.com/ The Cryptopians http://bit.ly/cryptopians On Amazon: https://www.amazon.com/Cryptopians-Idealism-Greed-Making-Cryptocurrency/dp/1541763017/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1645037311&sr=8-2 On Barnes. &. Noble: https://www.barnesandnoble.com/w/the-cryptopians-laura-shin/1138980345?ean=9781541763012 On Bookshop.org: https://bookshop.org/books/the-cryptopians-idealism-greed-lies-and-the-making-of-the-first-big-cryptocurrency-craze/9781541763012 Unchained: https://unchainedpodcast.com/how-writing-the-cryptopians-shaped-my-views-on-ethereum/ DAO Hacker Reveal: Forbes: https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/ Unchained: https://unchainedpodcast.com/exclusive-cryptos-biggest-whodunnit-who-was-behind-the-2016-dao-attack-on-ethereum/ Medium: https://medium.com/@laurashin/who-hacked-the-dao-on-ethereum-heres-how-we-jumped-past-one-critical-step-60aec489a127 Bulletin: https://laurashin.bulletin.com/who-was-behind-the-2016-dao-attack-on-ethereum-the-backstory-to-my-investigation Forbes on YouTube: https://www.youtube.com/watch?v=PuICbAucfn0 Daily Tech News Show: https://www.twitch.tv/videos/1306972988 The DAO Hack https://www.coindesk.com/learn/2016/06/25/understanding-the-dao-attack/ https://www.gemini.com/cryptopedia/the-dao-hack-makerdao https://unchainedpodcast.com/how-matthew-leising-confronted-his-suspects-in-the-dao-attacks/
Dave Girouard stops by The Business Brew to discuss how Upstart is attempting to change the way credit is underwritten. Upstart uses machine learning and artificial intelligence to expand loan underwriting beyond FICO scores. The company's goal is to make the underwriting process more efficient; creating a win-win for consumers and lenders. Dave also talks about Upstart's early struggles, what artificial intelligence actually does, how First Round Capital stepped up when Upstart really needed them to, and much more. We hope you enjoy the conversation. Thank you for joining the show Dave! We will be on break for 1-2 months following this show. “See” you in April/May. Please leave us a rating in your favorite podcast player! Album art photo taken by Mike Ando. Please see https://www.mikeando.com/ Thank you to @mathewpassy (on Twitter) for the show production. Detailed Show Notes 2:15 – Intro to Dave 8:00 – The problem Upstart is looking to solve 11:55 – What will machine learning do for the world? 16:15 – Dave's history at Google 19:15 – Upstart's history as a company 21:45 – Upstart's financing problem as a young company – Shoutout to First Round Capital! 27:15 – Who held the credit risk when Upstart's loans were first funded 30:45 – Upstart's relationship with Cross River Bank 37:15 – How Dave thinks about operating for growth vs. profits 41:150 – The right team is necessary 48:45 – Running Upstart through COVID and remotely 57:25 – How does Dave thinks about Share Based Comp 1:00:45 – What it's like to manage when a stock is super volatile 1:03:45 – Will Upstart begin to hold credit risk? Hint: No.
During my research for The Cryptopians, I found information that I believe identifies the perpetrator behind The DAO hack on Ethereum. Three founding members of The DAO and Slock.it (Christoph Jentzsch, Lefteris Karapetsas, Griff Green) discuss how and why they created The DAO, how they helped save the funds being siphoned off by black hat hackers, their personal feelings about The DAO, along with their reaction to the news about who I believe was The DAO attacker. Show topics: Part 1: Background on The DAO Christoph, Lefteris, and Griff's background and how they came to Slock.it what Slock.it was and why the Slock.it team decided to create The DAO what The DAO has to do with venture capital funding why the Slock.it team did not cap The DAO sale what made The DAO such a popular investment vehicle why The DAO developers were scared at the amount of money they raised Part 2: what Christoph, Lefteris, and Griff's initial reaction to The DAO was saving funds from The DAO via a hard fork versus white hat hacking whether they thought Ethereum Classic would survive a hard fork how the Ethereum community has treated Christoph, Griff, and Lefteris in the wake of The DAO attack Part 3: why they disagree on whether code is law their reaction to my naming Toby Hoenisch as The DAO attacker which actor would play them in a movie about The DAO attack Come to My In-Person Book Signings and Events! New York: Wednesday, March 2, at 7pm At The Strand Bookstore Moderated by CoinDesk's Christine Lee https://www.strandbooks.com/events/event403?title=laura_shin_the_cryptopians_idealism_greed_lies_and_the_making_of_the_first_big_cryptocurrency_craze Bay Area: Tuesday March 8, 6pm San Francisco's Commonwealth Club Moderated by The Information's Kate Clark https://www.commonwealthclub.org/events/2022-03-08/laura-shin-inside-first-cryptocurrency-craze Seattle: Wednesday March 9, at 7:30pm The Forum Moderated by Steve Scher, of Town Hall Seattle. https://townhallseattle.org/event/laura-shin/ Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links Guests Christoph Jentzsch https://twitter.com/ChrJentzsch Griff Green https://twitter.com/thegrifft Lefteris Karapetsas https://mobile.twitter.com/LefterisJP DAO Hacker Reveal: Forbes: https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/ Unchained: https://unchainedpodcast.com/exclusive-cryptos-biggest-whodunnit-who-was-behind-the-2016-dao-attack-on-ethereum/ Medium: https://medium.com/@laurashin/who-hacked-the-dao-on-ethereum-heres-how-we-jumped-past-one-critical-step-60aec489a127 Bulletin: https://laurashin.bulletin.com/who-was-behind-the-2016-dao-attack-on-ethereum-the-backstory-to-my-investigation Forbes on YouTube: https://www.youtube.com/watch?v=PuICbAucfn0 Daily Tech News Show: https://www.twitch.tv/videos/1306972988 The Cryptopians http://bit.ly/cryptopians On Amazon: https://www.amazon.com/Cryptopians-Idealism-Greed-Making-Cryptocurrency/dp/1541763017/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1645037311&sr=8-2 On Barnes. &. Noble: https://www.barnesandnoble.com/w/the-cryptopians-laura-shin/1138980345?ean=9781541763012 On Bookshop.org: https://bookshop.org/books/the-cryptopians-idealism-greed-lies-and-the-making-of-the-first-big-cryptocurrency-craze/9781541763012 Unchained: https://unchainedpodcast.com/how-writing-the-cryptopians-shaped-my-views-on-ethereum/ The DAO Hack https://www.coindesk.com/learn/2016/06/25/understanding-the-dao-attack/ https://www.gemini.com/cryptopedia/the-dao-hack-makerdao https://unchainedpodcast.com/how-matthew-leising-confronted-his-suspects-in-the-dao-attacks/
During my research for The Cryptopians, I found information that I believe identifies the perpetrator behind The DAO hack on Ethereum. Three founding members of The DAO and Slock.it (Christoph Jentzsch, Lefteris Karapetsas, Griff Green) discuss how and why they created The DAO, how they helped save the funds being siphoned off by black hat hackers, their personal feelings about The DAO, along with their reaction to the news about who I believe was The DAO attacker. Show topics: Part 1: Background on The DAO Christoph, Lefteris, and Griff's background and how they came to Slock.it what Slock.it was and why the Slock.it team decided to create The DAO what The DAO has to do with venture capital funding why the Slock.it team did not cap The DAO sale what made The DAO such a popular investment vehicle why The DAO developers were scared at the amount of money they raised Part 2: what Christoph, Lefteris, and Griff's initial reaction to The DAO was saving funds from The DAO via a hard fork versus white hat hacking whether they thought Ethereum Classic would survive a hard fork how the Ethereum community has treated Christoph, Griff, and Lefteris in the wake of The DAO attack Part 3: why they disagree on whether code is law their reaction to my naming Toby Hoenisch as The DAO attacker which actor would play them in a movie about The DAO attack Come to My In-Person Book Signings and Events! New York: Wednesday, March 2, at 7pm At The Strand Bookstore Moderated by CoinDesk's Christine Lee https://www.strandbooks.com/events/event403?title=laura_shin_the_cryptopians_idealism_greed_lies_and_the_making_of_the_first_big_cryptocurrency_craze Bay Area: Tuesday March 8, 6pm San Francisco's Commonwealth Club Moderated by The Information's Kate Clark https://www.commonwealthclub.org/events/2022-03-08/laura-shin-inside-first-cryptocurrency-craze Seattle: Wednesday March 9, at 7:30pm The Forum Moderated by Steve Scher, of Town Hall Seattle. https://townhallseattle.org/event/laura-shin/ Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Beefy Finance: https://beefy.finance Cross River Bank: https://crossriver.com/crypto Episode Links Guests Christoph Jentzsch https://twitter.com/ChrJentzsch Griff Green https://twitter.com/thegrifft Lefteris Karapetsas https://mobile.twitter.com/LefterisJP DAO Hacker Reveal: Forbes: https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/ Unchained: https://unchainedpodcast.com/exclusive-cryptos-biggest-whodunnit-who-was-behind-the-2016-dao-attack-on-ethereum/ Medium: https://medium.com/@laurashin/who-hacked-the-dao-on-ethereum-heres-how-we-jumped-past-one-critical-step-60aec489a127 Bulletin: https://laurashin.bulletin.com/who-was-behind-the-2016-dao-attack-on-ethereum-the-backstory-to-my-investigation Forbes on YouTube: https://www.youtube.com/watch?v=PuICbAucfn0 Daily Tech News Show: https://www.twitch.tv/videos/1306972988 The Cryptopians http://bit.ly/cryptopians On Amazon: https://www.amazon.com/Cryptopians-Idealism-Greed-Making-Cryptocurrency/dp/1541763017/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1645037311&sr=8-2 On Barnes. &. Noble: https://www.barnesandnoble.com/w/the-cryptopians-laura-shin/1138980345?ean=9781541763012 On Bookshop.org: https://bookshop.org/books/the-cryptopians-idealism-greed-lies-and-the-making-of-the-first-big-cryptocurrency-craze/9781541763012 Unchained: https://unchainedpodcast.com/how-writing-the-cryptopians-shaped-my-views-on-ethereum/ The DAO Hack https://www.coindesk.com/learn/2016/06/25/understanding-the-dao-attack/ https://www.gemini.com/cryptopedia/the-dao-hack-makerdao https://unchainedpodcast.com/how-matthew-leising-confronted-his-suspects-in-the-dao-attacks/
Topic: Banking for 2022 and Beyond Guest: Yaakov Gade Bio: Yaakov Gade is Founder, President and CEO of Cross River Bank, having served as Chairman for the company since its inception in 2008. Gade's vision is steering Cross River as an innovation-driven, state-chartered bank and provider of trusted financial solutions, to the marketplace lending and next-generation payment processing arenas. Gade graduated from the MBA Institute IMIP (Groupe IPESUP) in Paris, with a Masters of Science in International Management. In 1990 he began his career at Citicorp Venture Capital. Later on he served as CFO of First Meridian Mortgage, and was Co-Founder and Managing Director of Chela Technology Partners. In addition, he was Technology Investment Banker at Barclays Capital, and FIG Investment Banker at Bear Stearns. In this informative discussion, we cover: 1. From Paris to New York 2. The uniqueness of Cross River 3. Supporting the Israeli economy through job training 4. Getting up very early 5. The influence of Chief Rabbi Sacks z'l 6. How to manage people with a positive vibe 7. Surviving & Thriving through a Pandemic And a whole lot more!
Tyler White, RealAtom's head of sales & Jordan Gellman Loan Officer at Cross River Bank new podcast. Cross River small Bank in Fort Lee does mainly to start off our markets are in the New York Metro area, New York, Connecticut, Pennsylvania, and New Jersey. Tyler White https://www.linkedin.cn/in/whitewax2000/ RealAtom LnIn https://www.linkedin.cn/company/17889... RealAtom site https://realatom.com/ Jordan Gellman https://www.linkedin.cn/in/jordan-gel... Cross River https://www.linkedin.cn/company/cross...
Kris Pease, chief financial officer of Cross River Bank, talks about the community bank’s unique B2B strategy, working with fintech – and fellow bank – partnerships to establish a nationwide footprint. The bank has seen tremendous growth with its plan, increasing its asset size by nearly five times to almost $10 billion by the end of last year.
In this episode, I am joined by Dushyant Abhyankar, Vice President & Treasurer at the Cross River Bank. He started his professional career in accounting and came into treasury 9 years ago at Metlife, a company he previously worked for. We talk about career development, hiring, success, advice for listeners, technology’s effect on treasurers, and so much more. In this episode we discuss: How Dushyant came to and why he chose treasury as a career. Sharing his career highlights. Cross River Bank’s experience during the COVID pandemic. How networking and having mentors have been a part of his career development. One piece of advice the wants to share to the listeners. Key things he looks for when hiring. What makes a successful treasurer. How the role of the treasurer will change with technology advancement.
Revived Paycheck Protection Program Outline Key Highlights - New Paycheck Protection Program (PPP) runs through March 31- This is second cash infusion – you CAN get PPP relief aid in this second round- This is all we know so far... The Paycheck Protection Program (PPP) is back for another go.This revived PPP will run through March 31. If you applied and received PPP aid in the first go-around, you can apply and, hopefully, receive money again. The PPP package contains $285B to eligible small businesses for additional loans even to businesses that received PPP loans before as well as to first-time business applicants. Here are the specifics we know at this point: - Runs through March 31- Program reopened to businesses that have already received help plus “new” small business applicants- Loans are tax-free- Loans guaranteed by the Small Business Administration but made by banks and other lenders- SBA spokesperson – “next round of PPP (to be) launched as quickly as possible”- Funds can be used for payroll, rent, utilities PLUS supplies from vendors, protective equipment for their staff, or to fix property damage - Must have fewer than 300 employees and have had a -25% drop in sales from one year earlier in at least one quarter to qualify for loan up to $2M- Borrowers limited to 2.5 times their payroll – only hotels and food service businesses eligible for 3.5 times payroll- Publicly-traded companies are ineligible for these funds- Most active lenders in first round included Bank of America, JPMorgan Chase, Cross River Bank and Wells Fargo- Allows business owners who received loans in first round to claim deductions for expenses they paid for with loan proceeds- Loans may become grants if and when the program recipient is in compliance with all requirements and reporting documentation thoroughly and completely Thanks to The New York Times. Schedule A Free C
Building Unicorns and Redefining Online Banking - Renaud Laplanche, Upgrade CEO/Co-Founder I sat down with Renaud Laplanche, co-founder and CEO of Upgrade, a neobank that offers affordable and responsible credit to mainstream consumers. Since inception in 2017, Upgrade has surpassed $100 million in revenue run rate and a billion-dollar valuation. The company is backed by some of the best VCs in the industry and has raised over $200M dollars in debt and equity, including Mouro Capital, Ribbit Capital, Union Square Ventures, FirstMark Capital, CreditEase, and many more. Prior to Upgrade, Renaud founded and ran Lending Club, a company that pioneered consumer fintech and that he took public in December 2014 at a 10B dollar valuation. There’s no doubt Renaud and Lending Club inspired a generation of fintech founders around the world and countless of fintech founders repeatedly cite Lending Club as an inspiration for their companies. Renaud is also in a select and exclusive club of founders that have started not one, but two unicorns. Listen to the full interview --> Spotify | Soundcloud | Apple Podcasts Renaud Laplanche Renaud is the co-founder and CEO of Upgrade, Inc. a neobank that offers affordable and responsible credit to mainstream consumers. Under his leadership, Upgrade reached $100 million in revenue run rate, profitability and a billion-dollar valuation within 3 years of launch. Upgrade is the only neobank backed by one of the world’s top 10 largest banks. Prior to Upgrade, Renaud founded and ran Lending Club for 10 years. He took the company public, reaching a market capitalization of $10 billion in December 2014. At Lending Club, Renaud pioneered consumer fintech and grew the company to become the largest provider of personal loans in America. Renaud was ranked #23 in Bloomberg Markets’ 2015 Most Influential List, an annual ranking of the World’s top 50 most influential leaders across technology, finance, and politics. He was also recognized at the Clinton Global Initiative by President Clinton for expanding access to affordable and responsible credit. In 2014, he won the Economist Innovation Award in the consumer products category and was named the "best start-up CEO to work for" by Business Insider. Renaud was named “Fintech Executive of the Year” by Finovate in 2020. He also holds the Newport-Bermuda world speed sailing record. About Upgrade Upgrade is a neobank that offers affordable and responsible credit to mainstream consumers through personal loans and cards, together with credit monitoring and education tools that help consumers better understand and manage their money. Over $3.5 billion in loans and cards have been originated by the Upgrade platform since inception in 2017. Upgrade is headquartered in San Francisco, California, with an operations center in Phoenix, Arizona, and a technology center in Montreal, Canada. Personal Credit Lines are issued by Cross River Bank, a New Jersey State Chartered Commercial Bank, Member FDIC, Equal Housing Lender. Upgrade Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Rewards associated with the Upgrade Card, when applicable, are provided by Upgrade, Inc. More information is available at: https://www.upgrade.com. Wharton Fintech https://www.whartonfintech.org/ | https://twitter.com/whartonfintech | https://www.linkedin.com/company/wharton-fintech-club Miguel Armaza https://www.linkedin.com/in/armaza/ | https://twitter.com/MiguelArmaza
Phil Goldfeder chats with us about Cross River Bank in the heart of Fort Lee! A fast-growing financial services organization that merges the established expertise and traditional services of a bank with the forward-thinking offerings of a technology company. Since its founding in 2008, Cross River has developed strong strategic partnerships with leading technology companies, enabling them to focus on their own growth without hindering innovation, while maintaining a strong focus on compliance. Cross River provides a highly-secure banking platform and comprehensive suite of products encompassing lending, payments and risk management, that enables its partners to deliver responsible financial solutions to empower consumers anytime, anywhere. During the COVID-19 pandemic, Cross River was one of the first banks in the country offering loans via the Paycheck Protection Program (PPP) to every small business, without requiring preexisting banking relationships. As a trusted community bank and preferred SBA lender, Cross River's innovative approach made it one of the top 15 lenders in the country and amongst the top 5 in loan volume, originating close to $6 billion in loans to more than 160,000 American small businesses. In addition to building its own comprehensive lending platform, Cross River partnered with over 30 leading technology companies to allow thousands of additional businesses to apply for and receive funding safely and efficiently. With an average loan size of less than $36,000, the absolute lowest among the nation's leading lenders, Cross River was able to support nearly 800,000 employees and their families. https://www.crossriver.com/ https://www.crossriversba.com/ https://www.crossriver.com/covid-19-community-affairs Listen to past Members At Work Podcasts on Apple Podcast, Spotify and iHeart Radio! Executive Director of Fort Lee Regional Chamber of Commerce (FLRCC), Hope Rothenberg and FLRCC member and owner of One of One Productions Podcast Studio, Fela Davis co-host “Members At Work” Podcast! Members at work podcast was created to give the Fort Lee Regional Chamber of Commerce (FLRCC) members in Cliffside Park, Englewood Cliffs, Edgewater, Fort Lee, Leonia, Palisades Park, and Ridgefield a new approach to informing the community about their businesses. Enhancing our members' visibility and promoting commerce in our communities has always been our goal. The podcasts will feature a new member every episode! Creating an opportunity for the public to intimately get to know each business as they tell their story. The FLRCC is your resource portal for business information and contacts in Northern Bergen County fostering quality relationships among businesses by providing ongoing networking opportunities in the form of Networking Events and smaller Networking Groups, Speaker Breakfasts, Golf Outings, Dinner Dances and now podcasts! For more information about the FLRCC or to join, visit: https://www.fortleechamber.com https://www.facebook.com/FLRCC/ https://www.instagram.com/fortleechamberofcommerce/ One of One Productions studio is the home of Members At Work Podcast! One of One is a podcast studio that caters to the booming business of podcasting live-streaming and audiobook recording! Offering a comfortable atmosphere with the latest audio technology available to record your podcasts! Their 4 guest table or an intimate podcast on the couch is designed to put you and your guest at ease. They are a full service media company in audio and video podcasting with podcast rental gear available! They also partner with clients to create modern videos/short documentaries for businesses and individuals. Want to learn more about Fela and One of One Productions? www.oneofoneproductions.com https://www.facebook.com/oneofoneprostudio https://www.instagram.com/oneofoneprostudio
In this episode of Powered by Battery, we talk with Cross River Bank's CEO, Gilles Gade, about the company’s origins, how it is dealing with the pandemic and what a return to work for his employees will look like. Have a listen.
The coronavirus pandemic has pushed digital adoption five years into the future, prompted banks to invest more in technology and could set the stage for fintech and bank mergers later this year. In the episode, Todd Baker, senior fellow at Columbia University and managing principal of Broadmoor Consulting; Phil Goldfeder, senior vice president of public affairs at Cross River Bank; and Greg Smith, managing director at fintech-focused investment bank FT Partners, discuss how the coronavirus has changed the way customers access financial services and increased the possibility of mergers between banks and fintechs. The episode also features commentary from executives at Citigroup and Fifth Third about the accelerated pace of digital adoption in recent months.
Glen connects with leaders driving three of the most intriguing new banking models- Grasshopper Bank, N26 and Cross River Bank- on site at the Bank Innovation Build conference in Atlanta.
Phil Goldfeder, SVP of Public Affairs at Cross River Bank, and Chris Koegel, Director of Regulatory Affairs at T-Mobile, join ETA CEO Jason Oxman to discuss FinTech, policy and expanding access to financial services for underserved consumers.
Every week the show host John Siracusa talks with amazing fintech leaders and entrepreneurs, through conversation uncovers the amazing stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio In this episode the host John Siracusa with Gilles Gade, founder & CEO, of Cross River Bank. Just a few days before this episode aired – Cross River announced a $100 million investment, led by private equity firm KKR & Co Inc. Chinese fintech conglomerate CreditEase, LionTree Partners, in addition to Andreessen Horowitz, Battery Ventures and Ribbit Capital, who returned to join the equity round after a $28 million dollar investment in 2016. At the heart of it all Cross River Bank partners with a number of leading marketplace lending platforms including Affirm and RocketLoans to help people get access to credit. Their payments products are the rails that Coinbase and TransferWise run on. Tune in and Listen. Subscribe now on iTunes, Google Play, Stitcher, Spotify and iHeartRadio to hear Thursday's episode with George Anderson from Enterprise Engineering inc. About the host: John is the host of the 2x weekly "Bank On It” podcast recorded onsite at the Carpenter Group offices, which is a strategic branding and positioning firm in the financial services industry. He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem keeping current with the ever - innovating industry. Follow John on LinkedIn, Twitter or Medium
Every week the show host John Siracusa talks with amazing fintech leaders and entrepreneurs, through conversation uncovers the amazing stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio In this episode the host John Siracusa chats with John McEvoy, Managing Director of Tribeca Angels. Tribeca Angels is a collection of current and former finance professionals, entrepreneurs, and technologists focused on assisting and investing in seed or early stage companies in the FinTech space. John McEvoy is a successful entrepreneur exiting 3 companies, CrediteX, being one that sold to ICE (NYSE parent) for $625,000,000 in June, 2008. Tune in and Listen. Subscribe now on iTunes, Google Play, Stitcher, Spotify and iHeartRadio to hear Next Tuesday's episode with Gilles Gade from Cross River Bank. About the host: John is the host of the 2x weekly "Bank On It” podcast recorded onsite at the Carpenter Group offices, which is a strategic branding and positioning firm in the financial services industry. He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem keeping current with the ever - innovating industry. Follow John on LinkedIn, Twitter or Medium
In this episode I answer questions from YOU, Fire Nation. My goal is to help you take your business and life to the next level. Wondering what your next step should be? Looking for feedback on a project or idea you have? I’m here for you! Be sure to visit YourBigIdea.io to discover YOUR BIG IDEA in just 3 hours! Top 3 Value Bombs: 1. Don’t be upset when you miss a trend - instead, keep your finger on the pulse and look for other possible opportunities. 2. If you see something worth trying, take action! It’s the first people who take action that get the best results. 3. Having a gig is a great practice when you’re first starting out in business. Visit Harry’s website - TheRideshareGuy.com Sponsors: DesignCrowd: If you’re not much of a designer, but are looking for ideas for your next logo, websites design or even your new business cards, then DesignCrowd can help! Visit DesignCrowd.com/fire for a special one $100 VIP offer for Fire Nation! Upstart: If your path to financial freedom seems far away, or if you’re feeling like breaking out of the revolving debt cycle is impossible, then check out Upstart. Visit Upstart.com/fire to check your Upstart rate - it only takes 2 minutes and it won’t affect your credit! *Loans are offered by Cross River Bank, a New Jersey state chartered commercial bank; restrictions apply, for details visit Upstart.com/fire Gusto: Gusto makes payroll, benefits, and HR easy for modern small businesses! And right now Gusto is offering Fire Nation an exclusive, limited-time deal. Sign up today and you’ll get 3 months FREE once you run your first payroll! Visit Gusto.com/fire to sign up today!
Branding for FinTech Randi Schochet, Cross River Bank
Every month we put together an income report to share a behind-the-scenes look at the ups and downs of running a 7-figure business. In full transparency, it's not easy - but it IS possible. Through hearing about our mistakes, lessons learned, and our wins, we hope to inspire and motivate you to take action in your business with just one step forward every single day. For our full income report, visit EOFire.com/income56, and IGNITE! Sponsors: DesignCrowd: If you’re not much of a designer, but are looking for ideas for your next logo, websites design or even your new business cards, then DesignCrowd can help! Visit DesignCrowd.com/fire for a special one $100 VIP offer for Fire Nation! Udemy: THE largest marketplace for online learning! Improve your life through learning; download the Udemy app to learn anytime, anywhere or visit Ude.my/fire today! Upstart: If your path to financial freedom seems far away, or if you’re feeling like breaking out of the revolving debt cycle is impossible, then check out Upstart. Visit Upstart.com/fire to check your Upstart rate - it only takes 2 minutes and it won’t affect your credit! *Loans are offered by Cross River Bank, a New Jersey state chartered commercial bank; restrictions apply, for details visit Upstart.com/fire
My guest today is pioneering a crucial innovation within the innovation landscape in finance -- by providing banking services to fintechs through a platform-based financial services model known as the sponsor bank, or partner bank. In today’s episode, Gilles Gade tells the story of founding and building one of the leading sponsor banks, Cross River. Most fintech companies are licensed by their states, but are not banks. That means that every one of them has to find a bank through which to clear payments and connect to the payments system (which only banks can do). That’s not easy -- many fintechs struggle with this because banks are required by their regulators to set up complex systems for due diligence and risk management in dealing with any kind of third party that could affect the bank’s soundness or its customers’ wellbeing. Over the last decade or so, this challenge, combined with the enormous potential of the fintech market, prompted a number of banks to focus on meeting this need -- Gilles points to Webbank as leading the way. These banks have to meet a range of specialized needs including, crucially, taking responsibility for the partner fintechs’ compliance with regulatory requirements. Gilles describes founding Cross River in 2008, when the financial crisis had curtailed many kinds of consumer and small business credit, and talks about how new companies emerged to fill the gap, with either new kinds of products, or new ways of creating access to old products. He points to fintech lenders -- like Affirm, Lending Club, and Sofi -- and also to payments-focused companies like Coinbase, Transferwise and ActiveHours, as innovators that are opening up more inclusive finance. Gilles is especially thoughtful on regulatory issues, which he calls “by far” the biggest challenge for the fintech world. He emphasizes that the single biggest difficulty is sheer uncertainty, as technology change outstrips traditional regulatory change mechanisms. Gilles cites the Madden v. Midland litigation, with its controversy over national versus state interest rates, and the “valid when made” doctrine, as issues that need clarity so that lenders can build stable business models. Gilles also has thoughts on the Comptroller of the Currency’s proposal for creating a special fintech charter (note that we recorded this discussion during the tenure of Keith Noreika as Acting Comptroller of the Currency). Gilles laments that we have no fewer than 12 federal regulators involved in these issues (I myself have actually counted twice that many, directly and indirectly involved). Like me, he’s optimistic about the innovation efforts of the regulatory agencies -- he mentions the OCC in particular -- and of congressional leaders like Congressmen Patrick McHenry (R-NC) and Gregory Meeks (D-NY) -- both of whom, I’m delighted to say, are going to be guests on our show. Cross River’s emphasis on policy issues has led it to a number of leadership initiatives, including creating the Online Lending Policy Institute, which sponsors an outstanding Online Lending Policy Summit in Washington each fall, and also sponsoring the policy programming at the LendIt conference, which is coming up next month -- I’ll be there, by the way, and I hope you will too! More on Cross River and Gilles Gade Video about the bank Gille Gade: Gilles Gade is a founder of Cross River Bank (CRB) and has served as its Chairman, President and CEO since its inception in 2008 as an innovation-driven state-chartered bank and a provider of fully compliant financial solutions to the marketplace lending and payments sectors. Gilles has over 20 years of experience in investment banking and venture capital including as Co-Founder and Managing Director of Chela Technology Partners and Chela Internet Ventures, a boutique investment bank and venture fund focusing on emerging technologies and telecommunications; technology investment banker at Barclays Capital; and FIG investment banker at Bear Stearns. He started his career in 1990 at Citicorp Venture Capital, after graduating from the MBA Institute IMIP (Groupe IPESUP) in Paris with an MS in International Management. More for our listeners Our upcoming shows will include Nerd Wallet CEO Tim Chen; Michael Wiegand, who heads the Gates Foundation’s work on financial services for the poor; and the CEO’s of both Eastern Bank and Radius Bank. As I mentioned we’ll also have shows soon with two members of Congress, one a Republican and one a Democrat, and some other very special guests. I hope to see you at upcoming events including: Lendit Fintech USA, April 9-11, San Francisco, CA Bank Director, The Reality of Regtech, April 18, New York, NY Texas Bankers Association Annual Conference, May 3, Houston, TX Women Corporate Directors Global Institute, May 10, New York, NY Comply 2018, May 16, New York CFSI’s EMERGE, June 6-8, Los Angeles, CA American Bankers Association Regulatory Compliance Conference, June 26, Nashville -- I’ll be moderating a general session panel on regulation and AI, and also teaming up again with the ABA for some special podcasts. Support our Podcast As always, please remember to review Barefoot Innovation on iTunes, and sign up to get emails that bring you the newest podcast, newsletter, and blog posts, at jsbarefoot.com. Again, follow me on twitter and facebook. And please send in your “buck a show” to keep Barefoot Innovation going! Subscribe Sign up with your email address to receive news and updates. Email Address Sign Up We respect your privacy. Thank you!
Cross River Bank CEO Gilles Gade talks about his banking-as-a-platform business model and what's ahead for fintech. See acast.com/privacy for privacy and opt-out information.
My guest today is Andres Wolberg Stok, Global Head of Policy at Citi Fin Tech. We got to know each other this year on a panel at FinXTech in New York, and something I immediately noticed is that he has a special way of talking about innovation -- a very fresh way with words. It might be because he’s lived all over the world, or because he was once a journalist -- see his biography below for a sampling of his journalism adventures, which sound like plots of action/adventure movies. All large banks have innovation initiatives -- labs, accelerators, incubators and the like. They’re all looking at issues like blockchains, big data, artificial intelligence and human-centered design -- such as, creating a user experience that customers will actually love. Banks have plenty of innovative people, of course -- in our talk, Andres quotes CEO Michael Corbat saying that Citi is actually a technology company with a banking license. However, very few banks of any size have really innovative cultures. This is partly because most are mature organizations, and also because banking has been heavily regulated for so long, which tends to foster conservative, risk-averse cultures and decisionmaking. In today’s world of rapid technological change, banks need innovation (and many innovators need banks as well). It’s important that the big banks are investing in learning how to do this well. Citi Fin Tech was formed in late 2015 to pursue what Andres calls “fintegration.” The impetus was a critical insight: they realized that their customers’ standards had fundamentally changed. Instead of comparing Citi to other banks, there was a new yardstick -- comparison to technology firms. That set a new, high bar. Andres explains how they’re tackling this challenge. He describes the new kinds of skills they hire. He explains their focus on agile methodology and co-creation of products and learning to experiment. He talks about building multidisciplinary teams that work concurrently on initiatives, instead of sequentially in the old waterfall-style process that could divert an innovation from what had originally made it exciting. He talks about obsessing on the consumer experience and doing thousands of focus groups to understand what customers really think. He also talks about how the bank should “feel in the palm of the customer’s hand.” He calls mobile an “exoskeleton” for the human mind, connecting us to all the world’s information, all the time. He talks about the issues ahead in AI, privacy, and data aggregation, including the challenges for regulators. He says the key, for regulators, is to understand the upside benefits of technology, not just the risks. Andres explains how Citi Fin Tech works with innovators, including startups -- note that he invites people to come and work with them using their API’s and data. That site is at https://developer.citi.com. I think my favorite insight is that banks need a new model that’s open, not closed. He says the customer relationship used to be one-to-one between a bank and its customers -- and of course, the regulations are still mostly built for that. Now, though, there are multiple parties -- consumers use apps and “modular” financial relationships. If the bank wants to continue to be at the core of that customer relationship, they will have to build an open model -- and regulators will have to change with it. As you listen, think about how regulators and also community banks could get access to this kind of hands-on experience with financial innovation. The sooner they do, the faster the system and its customers will benefit from, as Andres puts it, “breaking a few windows and letting in fresh air and sunshine.” More on Andres Andres Wolberg-Stok interfaces with regulators and policymakers around the world as the Global Head of Policy for Citi FinTech, a new unit spearheading the transformation of Citi’s Global Consumer Banking business into a mobile-centric “Bank of Tomorrow”. He joined Citi from an international personal finance startup and has served in a variety of digital roles, first for Citi Latin America, then for Citi's U.S. consumer businesses, and now globally. Andres was one of the founders of Citi FinTech from his previous role as Global Head of Emerging Platforms and Services for Citi’s Consumer businesses. In 2015, Andres turned Citi into the world's first bank with an Apple Watch app. Earlier, as Citi Consumer's first global head of mobile banking, he invented Citi Mobile Snapshot, a patented 2014 breakout feature that made Citi the first major U.S. bank to offer no-login account access. Prior to becoming a banker, Andres was an international correspondent and senior news executive. He had tea with mass-murderer military dictators; was driven, blindfolded and at gunpoint, around the capital of Paraguay after midnight; was arrested in Tierra del Fuego on suspicion of being a British spy; and raced in a car at 120 mph along the edge of a minefield in Croatia. He finds most days in banking very manageable. More for our listeners Please remember to review Barefoot Innovation on ITunes, and sign up to get emails that bring you the newest podcast, newsletter, and blog posts, at jsbarefoot.com. Be sure to follow me on twitter and facebook. And please send in your “buck a show” to keep Barefoot Innovation going. Support our Podcast It was great seeing lots of you at the Online Lending Policy Summit this week in Washington. I’ll hope to see many more of you at upcoming events: Source Media’s RegTech: Compliance Transformed, October 3-4th, Brooklyn, NY BAI Beacon/Fintech Stage, October 4-5, Atlanta, GA CFSI Network Summit, Fireside Chat with Thomas Curry, October 5, Chicago, IL FISCA, October 5-8th, Las Vegas, NV Money 20/20, October 25th, Las Vegas, NV Central Bank Summit on blockchain and digital currency, October 30 in New York Regtech Rising, November 2, London Monetary Authority of Singapore Fintech Festival, November 13-17, Singapore University of Michigan, November 17, Ann Arbor, MI RegTech Enable, November 27-29th, Washington, DC UN/ITU conference on financial inclusion in Bangalore (invitation only) Fintech Connect Live, December 6th, London S&P’s Fintech Intel, December 13, New York Dutch Central Bank, December 20, Amsterdam We have wonderful shows coming up. One is with Braden More, who leads an innovation payments initiative at Wells Fargo. Another is with Giles Gade, CEO of Cross River Bank. And we’ll have several from Money 2020, including Nerd Wallet CEO Tim Chen and the FCA’s Chris Woolard, whom I’ll also be talking with there in a fireside chat. Speaking of Money 2020, I’m excited that the AML regtech firm I’ve cofounded, Hummingbird, has been selected to do a startup pitch there. Be sure to come and watch! See you there! Subscribe Sign up with your email address to receive news and updates. Email Address Sign Up We respect your privacy. Thank you!
Panelists include: Geoffrey Kott, Cross River Bank; Joe Toms, Freedom Financial; Dan Vetter, Money360; Glenn Goldman, Credibly; Jeff Mortara, UBS; Moderator: Jay Bernstein, Clifford Chance. Originators are beginning to look at launching their own captive funds; at LendIt USA 2017 we hosted a panel featuring Cross River Bank, Freedom Financial, Money360, Credibly, UBS and Clifford Chance to discuss this idea; the originators on the panel talked about their current funds, if they have launched one, size, structure and how they currently view the idea of this vehicle in the long term; the panelists focused on diversification of funding sources; in good times it is never hard to get loan purchasers but when markets tighten how can you make sure you are prepared; they also talked about when setting up this funding vehicle should you manage it yourself or should you find a third party fund manager; how do conflicts of interest come into play when the originating company is then investing in the loan and servicing the loan; there are still many questions when it comes to setting up a fund like this; as more firms look to this option we will better understand how to answer these questions in the future.
Panelists include: Lou Dipalma, Garnet Capital Advisors; Geoffrey Kott, Cross River Bank; Perry Rahbar, dv01; David Fontanilla, Madison Paige Capital; Paul Mangione, Fort Schuyler Advisors, LLC; Moderator: Gregory Nowak, Pepper Hamilton LLP. The creation of a secondary market for marketplace lending loans has been a hot topic recently; if a robust secondary market existed many believe more pension plans, registered mutual funds and other institutional investors would participate because loans would have a price and there would be liquidity for investors; currently marketplace lending loans trade on an over the counter market where many of the panelists currently participate; the panel explores whether whole loans are securities, why that matters and dives deep into the key aspects of a secondary market: price discovery, connecting buyers and sellers and fulfillment.
The Regulatory and Compliance Q&A panel at LendIt USA 2015 with Gilles Gade, of Cross River Bank; Patricia Kao, of the U.S. Dept. of Treasury; Brian Korn, of Manatt, Phelps & Phillips; Peter Manbeck, of Chapman and Cutler; Michael Soza, of BDO; and moderator Fiona Grandi, of KPMG.
Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Cross River Bank is methodically building an integral place for themselves in the online lending ecosystem. They have become the goto bank for all new marketplace lending platforms. In this episode I talk with Cross River Bank founder and CEO Gilles Gade along with the their VP of Lending Adam Goller. We explore exactly how a […] The post Podcast 32: Cross River Bank on Compliance and Helping Lending Platforms Grow appeared first on Lend Academy.
Cross River Bank is methodically building an integral place for themselves in the online lending ecosystem. They have become the goto bank for all new marketplace lending platforms. In this episode I talk with Cross River Bank founder and CEO Gilles Gade along with the their VP of Lending Adam Goller. We explore exactly how a […] The post Podcast 32: Cross River Bank on Compliance and Helping Lending Platforms Grow appeared first on Lend Academy.
© 2020-2025 Ivy Podcast Discovery LLC
