Podcasts about FTX

Today's blockchain and crypto news Uphold teases XRP yield and relaunching crypto debit card in US BitGo and Kraken begin distributing $5 billion in former FTX user payouts BitMEX thwarts supposed Lazarus attack Sui community passes governance vote to recover stolen Cetus funds Learn more about your ad choices. Visit megaphone.fm/adchoices

Show Notes (contains affiliate links): Leah Justifies the FTX-1, Shocking.   On this week's episode of Ham Radio Crash Course, a podcast roughly based on amateur radio but mostly made up of responding to emails from listeners, hosted by Josh Nass - KI6NAZ and his reluctant wife, Leah - KN6NWZ, we talk about Palm Radio Keys, the Yaesu FTX-1, and the San Diego plane crash.    Announcements: HRCC Net - https://hrcc.link.   Gigaparts Link (get 10% with code JOSH) - https://www.gigaparts.com/nsearch/?lp=JOSH The HRCC Coffee Club coffee is delicious! https://hamtactical.coffee/shop Ham Radio Minute: Palm Radio Keys.    Ham Radio Test Study with Leah - Extra Exam HamStudy: https://hamstudy.org Support by getting something from Signal Stuff: https://signalstuff.com/?ref=622   Gordon West Ham Radio Test Prep Books with HRCC Links  -Technician: https://amzn.to/3AVHGU1 -General: https://amzn.to/4ehQ5zz -Extra: https://amzn.to/4efCqJ2   Free Fastrack to Your Ham Radio License Books on Audible (for new to Audible readers): https://www.amazon.com/hz/audible/mlp/membership/premiumplus?tag=hrccpodcast-20   Join the conversation by leaving a review on Apple Podcast for Ham Radio Crash Course podcast at https://podcasts.apple.com/us/podcast/ham-radio-crash-course/id1400794852 and/or emailing Leah@hamtactical.com. Leaving a review wherever you listen to podcasts will help Ham Radio Crash Course reach more hams and future hams and we appreciate it!   Show Topic: Yaesu FTX-1   Hog Wild in the Salted Ham Cellar.    Preparedness Corner - San Diego Plane Crash   https://www.cbs8.com/article/news/special-reports/passengers-killed-san-diego-plane-crash-federal-investigators/509-60638bd5-e02f-4bee-ab31-96a5f8e72272 https://aviation.stackexchange.com/questions/96955/how-can-citizens-assist-at-an-aircraft-crash-site Email Correspondent's Tower: We answer emails with ham radio questions, comments on previous podcasts, T-shirt suggestions and everything in between.   Links mentioned in the ECT:     Doug's youtube channel - http://www.youtube.com/@kb8m203 Charlie's E Track Trailer recommendation - https://www.youtube.com/watch?v=uJK2HtqrzRw&t=306s&authuser=1 HRCC Movie Club    Voted and suggested movies here - https://poll.ly/N7Jt2ACU1Epz5PSJmknw   CJ's Nifty List of HRCC Movie Club movies here - https://letterboxd.com/roguefoam/list/ham-radio-crash-course-podcast-movie-club/   The 5th Wave 10/30 War of the Worlds (2005) 10.5/30 Hitchhiker's Guide To The Galaxy 11/30 Maximum Overdrive 11/30  The Tomorrow War 11/30 On The Beach (1959) 12/30 The Postman 12/30 Soylent Green 12/30 World War Z 12/30 Waterworld 13/30 San Andreas 13/30 Airplane 14/30 The Day After (1983) 14/30 The Day After Tomorrow 14/30 Z is for Zachariah 14/30 Fall (2022) 14.5/30 Signs 15/30 Deep Impact 15/30  The Birds 15/30 Twisters (2024) 15/30  Armageddon 15.5/30 Sean of the Dead 16/30 Zombieland 16/30 The Book of Eli Ranked: 16.75/30 Love and Monsters 17/30 Frequency 17/30 2012 17/30 Greenland 17/30 12 Monkeys 17.5/30  Threads 18/30 The Survivalist 18/30 Independence Day 18.5/30 Contact (1997) 19/30 The Towering Inferno 19/30 Don't Look Up 19.5/30 Twister  19.5/30 Dante's Peak 19.5/30 Tremors 20/30 The Road 21/30 The Quiet Place 21/30 Red Dawn (1984) 22/30 Wall-E 23/30 Blast From The Past (1999) 23.5/30 28 Days Later 24.5/30 Apollo 13 24.5/30 Contagion 25/30 I Am Legend 25/30 10 Cloverfield Lane 26.5/30 The Martian 27/30   On Hiatus Indefinitely    Thank you all for listening to the podcast.  We have a lot of fun making it and the fact you listen and send us feedback means a lot to us!   Want to send us something? Josh Nass  P.O. Box 5101 Cerritos, CA 90703-5101 Support the Ham Radio Crash Course Podcast: Patreon - https://www.patreon.com/hoshnasi Shop HamTactical: http://www.hamtactical.com Shop Our Affiliates: http://hamradiocrashcourse.com/affiliates/ Shop Our Amazon Store: https://www.amazon.com/shop/hamradiocrashcourse As an Amazon Associate I earn from qualifying purchases.   Connect with Us: Website...................► http://hamradiocrashcourse.com YouTube..................► https://www.youtube.com/c/HamRadioCrashCourse Podcast...................► https://hamradiocrashcourse.podbean.com/ Discord....................► https://discord.gg/xhJMxDT Facebook................► https://goo.gl/cv5rEQ Twitter......................► https://twitter.com/Hoshnasi Instagram.................► https://instagram.com/hoshnasi (Josh) Instagram.................►https://instagram.com/hamtactical (Leah) Instagram.................►https://instagram.com/nasscorners (Leah)

Episode 087 – Leading Through Chaos, Carrying the Burden, and Knowing When to Walk Away In this episode of the JP Dinnell Podcast, JP and Lucas deliver one of their most transparent and hard-hitting conversations yet — tackling what it means to lead when the burden gets heavy, the mission gets messy, and the relationships around you start shifting. Coming off a powerful FTX leadership training event, JP shares behind-the-scenes lessons on clarity under chaos, how most leaders fail when pressure hits, and why leadership isn't just about serving others — it's about protecting your standards, your team, and your time. They also dig into the hard truth about relationships: not everyone can go where you're going, and sometimes, leadership means cutting ties with people who don't align with your mission — even if they're good people.

Want Scott Galloway's Business Playbook? Get it here: https://clickhubspot.com/pfg Episode 708: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Scott Galloway ( https://x.com/profgalloway ) about his wildest investments, plus advice for men in their 20s and 30s.  — Show Notes: (0:00) FTX bankruptcy claims (Turning $2M into $15M with one trade) (6:56) NJOY (Turning $2.5M into $75M) (15:58) YellowPages (Turning $4M into $20M) (21:10) Prediction: The U.S market is about to have a 15-year downturn (27:55) The inverse galloway index (31:55) Who Scott admires (33:14) Advice for young men (37:19) Scott spots the next $1B trend: European markets (44:18) How does one ball? (46:00) Trump's meme coin and transnational oligarchs (53:25) More advice for young men — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com  • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam's List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

What does it take to make DeFi yield simple, transparent, and unstoppable?In this episode of The Index, we sit down with Sunand Raghupathi, Co-founder and CEO of VEDA, to explore his journey from leaving a computer science PhD program to building one of DeFi's fastest-growing platforms. VEDA has grown to $2 billion in assets and 100,000+ users in just over a year, proving there's massive demand for easy, accessible crypto yield.What sets VEDA apart from failed centralized yield platforms like Celsius and FTX is its radical commitment to transparency. “When you put things on-chain, that's the best possible user experience,” says Raghupathi. By combining user-friendly design with on-chain verifiable constraints, VEDA eliminates the hidden leverage and risky practices that doomed its predecessors.We also explore VEDA's breakthrough cross-chain architecture, which lets users tap yield opportunities across multiple ecosystems without the headaches of complex bridging. As VEDA expands beyond Ethereum-compatible chains to Solana, Raghupathi highlights the unique market structures and liquidity dynamics that create fresh yield strategies and points to Bitcoin as “a massive, untapped opportunity” for DeFi to unlock.If you're a blockchain developer, investor, or founder looking for insights into the next phase of DeFi, this episode is packed with sharp takes on why Sunand is even more bullish on the space today than during the 2021 bull run.Explore VEDA's platform at https://veda.tech/.Follow on X: https://x.com/veda_labsShow LinksThe Index X ChannelYouTube

In this conversation, Stephan Livera and Michael Tanguma explore the current landscape of Bitcoin, focusing on the challenges of self-custody, the role of custodians, and the emergence of multi-institution custody solutions. They discuss the importance of education in the Bitcoin space, the dynamics of Bitcoin treasury companies, and the unique opportunities for Bitcoin adoption in the Middle East. The conversation emphasizes the need for evolving security measures as Bitcoin adoption increases and the complexities of integrating Bitcoin with traditional finance.Takeaways

This week's episode dives into one of the most pivotal labor fights in modern sports: the WNBA's explosive growth has put pressure on the league to rewrite its outdated collective bargaining agreement—and players aren't afraid to threaten a work stoppage to get it done. Before the deep dive, the guys run through the week's headlines: the Nuggets prove Addisu right with a clutch Game 3 win, Jason makes the case for baseball's comeback, FTX fallout clears some of sports' biggest stars, Chicago's GOAT Michael Jordan pads his resume by joining NBC's NBA coverage team and Pope Leo XIV becomes Chicago's newest legend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit

Mother's Day :: BitMex CEO pardoned :: political prisoners and the war on crypto :: skeeter calls about Ross :: Dave Ridley calls about NH freedom senators, civil disobedience, and licensure :: FTX influencers pardoned :: Manchester PD advertising "qualified immunity" as benefit :: Wikipedia challenging EU "safety" rule :: Trump to receive $400M jet from Qatar? :: LDS church settles 100+ lawsuits for sex abuse in California :: David in NM calls about Walmart tyrants :: Sarah in NM calls about "public financing of campaigns :: 2025-05-11 :: Stu, Mr. Penguin, Riley

Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit

Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit

Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit

Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit

In this episode of the Having Report, host Brad Mines welcomes back Crypto Lambo Astwood (for his 2nd time on the podcast) to discuss the current state of Bitcoin

Apple asks court to halt App Store rule changes while it appeals Proposed Amicus Brief – #1300, Att. #1 in UNITED STATES OF AMERICA v. GOOGLE LLC (D.D.C., 1:20-cv-03010) – CourtListener.com Eddy Cue Causes a Stir for Google DOJ pushes for Google to sell its advertising platforms Google Will Pay $1.4 Billion to Texas to Settle Claims It Collected User Data Without Permission What Stacey has been doing Attorney General Bailey Files Groundbreaking Rule to End Big Tech's Censorship Monopoly and Protect Online Free Speech DOGE bro Kyle Schutt's computer infected by malware, credentials found in stealer logs The Signal Clone the Trump Admin Uses Was Hacked Samsung is paying $350 million for audio brands Bowers & Wilkins, Denon, Marantz and Polk Zuckerberg's Grand Vision: Most of Your Friends Will Be AI - Slashdot How AI Demand Is Draining Local Water Supplies Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout FTC Bans Hidden Fees For Live Events and Short-Term Rentals - Slashdot The FTC puts off enforcing its 'click-to-cancel' rule 20 years to give away virtually all my wealth | Bill Gates Mexico is suing Google over 'Gulf of America' name change for US users Switzerland To Hold Referendum on Introducing Electronic ID Host: Leo Laporte Guests: Shoshana Weissmann, Wesley Faulkner, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free shows, a members-only Discord, and behind-the-scenes access. Join today: https://twit.tv/clubtwit Sponsors: expressvpn.com/twit bitwarden.com/twit threatlocker.com/twit NetSuite.com/TWIT shopify.com/twit

Episode 085 – Inside Muster 022 & the FTX: Leadership Lessons from the Field In this episode of The JP Dinnell Podcast, JP and Lucas unpack the most powerful takeaways from Echelon Front's Muster 022 and the Field Training Exercise (FTX) that followed. If you've ever wondered what really happens when executives, entrepreneurs, and everyday leaders step into high-pressure leadership simulations, this episode takes you behind the curtain. This isn't just about theory. It's about watching leaders break, adapt, and rise—sometimes within minutes. You'll hear about the emotional debriefs, the life-changing breakthroughs, and the raw accountability that defines Extreme Ownership at the highest level.

Much has been made of the hallucinatory qualities of OpenAI's ChatGPT product. But as the Wall Street Journal's resident authority on OpenAI, Keach Hagey notes, perhaps the most hallucinatory feature the $300 billion start-up co-founded by the deadly duo of Sam Altman and Elon Musk is its attempt to be simultaneously a for-profit and non-profit company. As Hagey notes, the double life of this double company reached a surreal climax this week when Altman announced that OpenAI was abandoning its promised for-profit conversion. So what, I asked Hagey, are the implications of this corporate volte-face for investors who have poured billions of real dollars into the non-profit in order to make a profit? Will they be Waiting For Godot to get their returns?As Hagey - whose excellent biography of Altman, The Optimist, is out in a couple of weeks - explains, this might be the story of the hubristic 2020's. She speaks of Altman's astonishingly (even for Silicon Valley) hubris in believing that he can get away with the alchemic conceit of inventing a multi trillion dollar for-profit non-profit company. Yes, you can be half-pregnant, Sam is promising us. But, as she warns, at some point this will be exposed as fantasy. The consequences might not exactly be another Enron or FTX, but it will have ramifications way beyond beyond Silicon Valley. What will happen, for example, if future investors aren't convinced by Altman's fantasy and OpenAI runs out of cash? Hagey suggests that the OpenAI story may ultimately become a political drama in which a MAGA President will be forced to bail out America's leading AI company. It's TikTok in reverse (imagine if Chinese investors try to acquire OpenAI). Rather than the conveniently devilish Elon Musk, my sense is that Sam Altman is auditioning to become the real Jay Gatsby of our roaring twenties. Last month, Keach Hagey told me that Altman's superpower is as a salesman. He can sell anything to anyone, she says. But selling a non-profit to for-profit venture capitalists might even be a bridge too far for Silicon Valley's most hallucinatory optimist. Five Key Takeaways * OpenAI has abandoned plans to convert from a nonprofit to a for-profit structure, with pressure coming from multiple sources including attorneys general of California and Delaware, and possibly influenced by Elon Musk's opposition.* This decision will likely make it more difficult for OpenAI to raise money, as investors typically want control over their investments. Despite this, Sam Altman claims SoftBank will still provide the second $30 billion chunk of funding that was previously contingent on the for-profit conversion.* The nonprofit structure creates inherent tensions within OpenAI's business model. As Hagey notes, "those contradictions are still there" after nearly destroying the company once before during Altman's brief firing.* OpenAI's leadership is trying to position this as a positive change, with plans to capitalize the nonprofit and launch new programs and initiatives. However, Hagey notes this is similar to what Altman did at Y Combinator, which eventually led to tensions there.* The decision is beneficial for competitors like XAI, Anthropic, and others with normal for-profit structures. Hagey suggests the most optimistic outcome would be OpenAI finding a way to IPO before "completely imploding," though how a nonprofit-controlled entity would do this remains unclear.Keach Hagey is a reporter at The Wall Street Journal's Media and Marketing Bureau in New York, where she focuses on the intersection of media and technology. Her stories often explore the relationships between tech platforms like Facebook and Google and the media. She was part of the team that broke the Facebook Files, a series that won a George Polk Award for Business Reporting, a Gerald Loeb Award for Beat Reporting and a Deadline Award for public service. Her investigation into the inner workings of Google's advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. She is the author of “The King of Content: Sumner Redstone's Battle for Viacom, CBS and Everlasting Control of His Media Empire,” published by HarperCollins. Before joining the Journal, Keach covered media for Politico, the National in Abu Dhabi, CBS News and the Village Voice. She has a bachelor's and a master's in English literature from Stanford University. She lives in Irvington, N.Y., with her husband, three daughters and dog.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Full TranscriptAndrew Keen: Hello, everybody. It is May the 6th, a Tuesday, 2025. And the tech media is dominated today by OpenAI's plan to convert its for-profit business to a non-profit side. That's how the Financial Times is reporting it. New York Times says that OpenAI, and I'm quoting them, backtracks on plans to drop nonprofit control and the Wall Street Journal, always very authoritative on the tech front, leads with Open AI abandons planned for profit conversion. The Wall Street Journal piece is written by Keach Hagey, who is perhaps America's leading authority on OpenAI. She was on the show a couple of months ago talking about Sam Altman's superpower which is as a salesman. Keach is also the author of an upcoming book. It's out in a couple weeks, "The Optimist: Sam Altman, OpenAI and the Race to Invent the Future." And I'm thrilled that Keach has been remarkably busy today, as you can imagine, found a few minutes to come onto the show. So, Keach, what is Sam selling here? You say he's a salesman. He's always selling something or other. What's the sell here?Keach Hagey: Well, the sell here is that this is not a big deal, right? The sell is that, this thing they've been trying to do for about a year, which is to make their company less weird, it's not gonna work. And as he was talking to the press yesterday, he was trying to suggest that they're still gonna be able to fundraise, that these folks that they promised that if you give us money, we're gonna convert to a for-profit and it's gonna be much more normal investment for you, but they're gonna get that money, which is you know, a pretty tough thing. So that's really, that's what he's selling is that this is not disruptive to the future of OpenAI.Andrew Keen: For people who are just listening, I'm looking at Keach's face, and I'm sensing that she's doing everything she can not to burst out laughing. Is that fair, Keach?Keach Hagey: Well, it'll remain to be seen, but I do think it will make it a lot harder for them to raise money. I mean, even Sam himself said as much during the talk yesterday that, you know, investors would like to be able to have some say over what happens to their money. And if you're controlled by a nonprofit organization, that's really tough. And what they were trying to do was convert to a new world where investors would have a seat at the table, because as we all remember, when Sam got briefly fired almost two years ago. The investors just helplessly sat on the sidelines and didn't have any say in the matter. Microsoft had absolutely no role to play other than kind of cajoling and offering him a job on the sidelines. So if you're gonna try to raise money, you really need to be able to promise some kind of control and that's become a lot harder.Andrew Keen: And the ramifications more broadly on this announcement will extend to Microsoft and Microsoft stock. I think their stock is down today. We'll come to that in a few minutes. Keach, there was an interesting piece in the week, this week on AI hallucinations are getting worse. Of course, OpenAI is the dominant AI company with their ChatGPT. But is this also kind of hallucination? What exactly is going on here? I have to admit, and I always thought, you know, I certainly know more about tech than I do about other subjects, which isn't always saying very much. But I mean, either you're a nonprofit or you're a for-profit, is there some sort of hallucinogenic process going on where Sam is trying to sell us on the idea that OpenAI is simultaneously a for profit and a nonprofit company?Keach Hagey: Well, that's kind of what it is right now. That's what it had sort of been since 2019 or when it spun up this strange structure where it had a for-profit underneath a nonprofit. And what we saw in the firing is that that doesn't hold. There's gonna come a moment when those two worlds are going to collide and it nearly destroyed the company. To be challenging going forward is that that basic destabilization that like unstable structure remains even though now everything is so much bigger there's so much more money coursing through and it's so important for the economy. It's a dangerous position.Andrew Keen: It's not so dangerous, you seem still faintly amused. I have to admit, I'm more than faintly amused, it's not too bothersome for us because we don't have any money in OpenAI. But for SoftBank and the other participants in the recent $40 billion round of investment in OpenAI, this must be, to say the least, rather disconcerting.Keach Hagey: That was one of the biggest surprises from the press conference yesterday. Sam Altman was asked point blank, is SoftBank still going to give you this sort of second chunk, this $30 billion second chunk that was contingent upon being able to convert to a for-profit, and he said, quite simply, yes. Who knows what goes on in behind the scenes? I think we're gonna find out probably a lot more about that. There are many unanswered questions, but it's not great, right? It's definitely not great for investors.Andrew Keen: Well, you have to guess at the very minimum, SoftBank would be demanding better terms. They're not just going to do the same thing. I mean, it suddenly it suddenly gives them an additional ace in their hand in terms of negotiation. I mean this is not some sort of little startup. This is 30 or 40 billion dollars. I mean it's astonishing number. And presumably the non-public conversations are very interesting. I'm sure, Keach, you would like to know what's being said.Keach Hagey: Don't know yet, but I think your analysis is pretty smart on this matter.Andrew Keen: So if you had to guess, Sam is the consummate salesman. What did he tell SoftBank before April to close the round? And what is he telling them now? I mean, how has the message changed?Keach Hagey: One of the things that we see a little bit about this from the messaging that he gave to the world yesterday, which is this is going to be a simpler structure. It is going to be slightly more normal structure. They are changing the structure a little bit. So although the non-profit is going to remain in charge, the thing underneath it, the for-profit, is going change its structure a little bit and become kind of a little more normal. It's not going to have this capped profit thing where, you know, the investors are capped at 100 times what they put in. So parts of it are gonna become more normal. For employees, it's probably gonna be easier for them to get equity and things like that. So I'm sure that that's part of what he's selling, that this new structure is gonna be a little bit better, but it's not gonna be as good as what they were trying to do.Andrew Keen: Can Sam? I mean, clearly he has sold it. I mean as we joked earlier when we talked, Sam could sell ice to the Laplanders or sand to the Saudis. But these people know Sam. It's no secret that he's a remarkable salesman. That means that sometimes you have to think carefully about what he's saying. What's the impact on him? To what extent is this decision one more chip on the Altman brand?Keach Hagey: It's a setback for sure, and it's kind of a win for Elon Musk, his rival.Andrew Keen: Right.Keach Hagey: Elon has been suing him, Elon has been trying to block this very conversion. And in the end, it seems like it was actually the attorneys general of California and Delaware that really put the nail in the coffin here. So there's still a lot to find out about exactly how it all shook out. There were actually huge campaigns as well, like in the streets, billboards, posters. Polls saying, trying to put pressure on the attorney general to block this thing. So it was a broad coalition, I think, that opposed the conversion, and you can even see that a little bit in their speech. But you got to admit that Elon probably looked at this and was happy.Andrew Keen: And I'm sure Elon used his own X platform to promote his own agenda. Is this an example, Keach, in a weird kind of way of the plebiscitary politics now of Silicon Valley is that titans like Altman and Musk are fighting out complex corporate economic battles in the naked public of social media.Keach Hagey: Yes, in the naked public of social media, but what we're also seeing here is that it's sort of, it's become through the apparatus of government. So we're seeing, you know, Elon is in the Doge office and this conversion is really happening in the state AG's houses. So that's what's sort interesting to me is these like private fights have now expanded to fill both state and federal government.Andrew Keen: Last time we talked, I couldn't find the photo, but there was a wonderful photo of, I think it was Larry Ellison and Sam Altman in the Oval Office with Trump. And Ellison looked very excited. He looked extremely old as well. And Altman looked very awkward. And it's surprising to see Altman look awkward because generally he doesn't. Has Trump played a role in this or is he keeping out of it?Keach Hagey: As far as my current reporting right now, we have no reporting that Trump himself was directly involved. I can't go further than that right now.Andrew Keen: Meaning that you know something that you're not willing to ignore.Keach Hagey: Just I hope you keep your subscription to the Wall Street Journal on what role the White House played, I would say. But as far as that awkwardness, I don't know if you noticed that there was a box that day for Masa Yoshison to see.Andrew Keen: Oh yeah, and Son was in the office too, right, that was the third person.Keach Hagey: So it was a box in the podium, which I think contributed to the awkwardness of the day, because he's not a tall man.Andrew Keen: Right. To put it politely. The way that OpenAI spun it, in classic Sam Altman terms, is new funding to build towards AGI. So it's their Altman-esque use of the public to vindicate this new investment, is this just more quote unquote, and this is my word. You don't have to agree with it. Just sales pitch or might even be dishonesty here. I mean, the reality is, is new funding to build towards AGI, which is, artificial general intelligence. It's not new funding, to build toward AGI. It's new funding to build towards OpenAI, there's no public benefit of any of this, is there?Keach Hagey: Well, what they're saying is that the nonprofit will be capitalized and will sort of be hiring up and doing a bunch more things that it wasn't really doing. We'll have programs and initiatives and all of that. Which really, as someone who studied Sam's life, this sounds really a lot like what he did at Y Combinator. When he was head of Y Combinator, he also spun up a nonprofit arm, which is actually what OpenAI grew out of. So I think in Sam's mind, a nonprofit there's a place to go. Sort of hash out your ideas, it's a place to kind of have pet projects grow. That's where he did things like his UBI study. So I can sort of see that once the AGs are like, this is not gonna happen, he's like, great, we'll just make a big nonprofit and I'll get to do all these projects I've always wanted to do.Andrew Keen: Didn't he get thrown out of Y Combinator by Paul Graham for that?Keach Hagey: Yes, a little bit. You know, I would say there's a general mutiny for too much of that kind of stuff. Yeah, it's true. People didn't love it, and they thought that he took his eye off the ball. A little bit because one of those projects became OpenAI, and he became kind of obsessed with it and stopped paying attention. So look, maybe OpenAI will spawn the next thing, right? And he'll get distracted by that and move on.Andrew Keen: No coincidence, of course, that Sam went on to become a CEO of OpenAI. What does it mean for the broader AI ecosystem? I noted earlier you brought up Microsoft. I mean, I think you've already written on this and lots of other people have written about the fact that the relationship between OpenAI and Microsoft has cooled dramatically. As well as between Nadella and Altman. What does this mean for Microsoft? Is it a big deal?Keach Hagey: They have been hashing this out for months. So it is a big deal in that it will change the structure of their most important partner. But even before this, Microsoft and OpenAI were sort of locked in negotiations over how large and how Microsoft's stake in this new OpenAI will be valued. And that still has to be determined, regardless of whether it's a non-profit or a for-profit in charge. And their interests are diverging. So those negotiations are not as warm as they maybe would have been a few years ago.Andrew Keen: It's a form of polyamory, isn't it? Like we have in Silicon Valley, everyone has sex with everybody else, to put it politely.Keach Hagey: Well, OpenAI does have a new partner in Oracle. And I would expect them to have many more in terms of cloud computing partners going forward. It's just too much risk for any one company to build these huge and expensive data centers, not knowing that OpenAI is going to exist in a certain number of years. So they have to diversify.Andrew Keen: Keach, you know, this is amusing and entertaining and Altman is a remarkable individual, able to sell anything to anyone. But at what point are we really on the Titanic here? And there is such a thing as an iceberg, a real thing, whatever Donald Trump or other manufacturers of ontologies might suggest. At some point, this thing is going to end in a massive disaster.Keach Hagey: Are you talking about the Existence Force?Andrew Keen: I'm not talking about the Titanic, I'm talking about OpenAI. I mean, Parmi Olson, who's the other great authority on OpenAI, who won the FT Book of the Year last year, she's been on the show a couple of times, she wrote in Bloomberg that OpenAI can't have its money both ways, and that's what Sam is trying to do. My point is that we can all point out, excuse me, the contradictions and the hypocrisy and all the rest of it. But there are laws of gravity when it comes to economics. And at a certain point, this thing is going to crash, isn't it? I mean, what's the metaphor? Is it Enron? Is it Sam Bankman-Fried? What kind of examples in history do we need to look at to try and figure out what really is going on here?Keach Hagey: That's certainly one possibility, and there are a good number of people who believe that.Andrew Keen: Believe what, Enron or Sam Bankman-Fried?Keach Hagey: Oh, well, the internal tensions cannot hold, right? I don't know if fraud is even necessary so much as just, we've seen it, we've already seen it happen once, right, the company almost completely collapsed one time and those contradictions are still there.Andrew Keen: And when you say it happened, is that when Sam got pushed out or was that another or something else?Keach Hagey: No, no, that's it, because Sam almost got pushed out and then all of the funders would go away. So Sam needs to be there for them to continue raising money in the way that they have been raising money. And that's really going to be the question. How long can that go on? He's a young man, could go on a very long time. But yeah, I think that really will determine whether it's a disaster or not.Andrew Keen: But how long can it go on? I mean, how long could Sam have it both ways? Well, there's a dream. I mean maybe he can close this last round. I mean he's going to need to raise more than $40 billion. This is such a competitive space. Tens of billions of dollars are being invested almost on a monthly basis. So this is not the end of the road, this $40-billion investment.Keach Hagey: Oh, no. And you know, there's talk of IPO at some point, maybe not even that far away. I don't even let me wrap my mind around what it would be for like a nonprofit to have a controlling share at a public company.Andrew Keen: More hallucinations economically, Keach.Keach Hagey: But I mean, IPO is the exit for investors, right? That's the model, that is the Silicon Valley model. So it's going to have to come to that one way or another.Andrew Keen: But how does it work internally? I mean, for the guys, the sales guys, the people who are actually doing the business at OpenAI, they've been pretty successful this year. The numbers are astonishing. But how is this gonna impact if it's a nonprofit? How does this impact the process of selling, of building product, of all the other internal mechanics of this high-priced startup?Keach Hagey: I don't think it will affect it enormously in the short term. It's really just a question of can they continue to raise money for the enormous amount of compute that they need. So so far, he's been able to do that, right? And if that slows up in any way, they're going to be in trouble. Because as Sam has said many times, AI has to be cheap to be actually useful. So in order to, you know, for it to be widespread, for to flow like water, all of those things, it's got to be cheap and that's going to require massive investment in data centers.Andrew Keen: But how, I mean, ultimately people are putting money in so that they get the money back. This is not a nonprofit endeavor to put 40 billion from SoftBank. SoftBank is not in the nonprofit business. So they're gonna need their money back and the only way they generally, in my understanding, getting money back is by going public, especially with these numbers. How can a nonprofit go public?Keach Hagey: It's a great question. That's what I'm just phrasing. I mean, this is, you know, you talk to folks, this is what's like off in the misty distance for them. It's an, it's a fascinating question and one that we're gonna try to answer this week.Andrew Keen: But you look amused. I'm no financial genius. Everyone must be asking the same question.Keach Hagey: Well, the way that they've said it is that the for-profit will be, will have a, the non-profit will control the for profit and be the largest shareholder in it, but the rest of the shares could be held by public markets theoretically. That's a great question though.Andrew Keen: And lawyers all over the world must be wrapping their hands. I mean, in the very best case, it's gonna be lawsuits on this, people suing them up the wazoo.Keach Hagey: It's absolutely true. You should see my inbox right now. It's just like layers, layers, layer.Andrew Keen: Yeah, my wife. My wife is the head of litigation. I don't know if I should be saying this publicly anyway, I am. She's the head of Litigation at Google. And she lost some of her senior people and they all went over to AI. I'm big, I'm betting that they regret going over there can't be much fun being a lawyer at OpenAI.Keach Hagey: I don't know, I think it'd be great fun. I think you'd have like enormous challenges and have lots of billable hours.Andrew Keen: Unless, of course, they're personally being sued.Keach Hagey: Hopefully not. I mean, look, it is a strange and unprecedented situation.Andrew Keen: To what extent is this, if not Shakespearean, could have been written by some Greek dramatist? To what extend is this symbolic of all the hype and salesmanship and dishonesty of Silicon Valley? And in a sense, maybe this is a final scene or a penultimate scene in the Silicon Valley story of doing good for the world. And yet, of course, reaping obscene profit.Keach Hagey: I think it's a little bit about trying to have your cake and eat it too, right? Trying to have the aura of altruism, but also make something and make a lot of money. And what it seems like today is that if you started as a nonprofit, it's like a black hole. You can never get out. There's no way to get out, and that idea was just like maybe one step too clever when they set it up in the beginning, right. It seemed like too good to be true because it was. And it might end up really limiting the growth of the company.Andrew Keen: Is Sam completely in charge here? I mean, a number of the founders have left. Musk, of course, when you and I talked a couple of months ago, OpenAI came out of conversations between Musk and Sam. Is he doing this on his own? Does he have lieutenants, people who he can rely on?Keach Hagey: Yeah, I mean, he does. He has a number of folks that have been there, you know, a long time.Andrew Keen: Who are they? I mean, do we know their names?Keach Hagey: Oh, sure. Yeah. I mean, like Brad Lightcap and Jason Kwon and, you know, just they're they're Greg Brockman, of course, still there. So there are a core group of executives that have that have been there pretty much from the beginning, close to it, that he does trust. But if you're asking, like, is Sam really in control of this whole thing? I believe the answer is yes. Right. He is on the board of this nonprofit, and that nonprofit will choose the board of the for-profit. So as long as that's the case, he's in charge.Andrew Keen: How divided is OpenAI? I mean, one of the things that came out of the big crisis, what was it, 18 months ago when they tried to push him out, was it was clearly a profoundly divided company between those who believed in the nonprofit mission versus the for-profit mission. Are those divisions still as acute within the company itself? It must be growing. I don't know how many thousands of people work.Keach Hagey: It has grown very fast. It is not as acute in my experience. There was a time when it was really sort of a warring of tribes. And after the blip, as they call it, a lot of those more safety focused people, people that subscribe to effective altruism, left or were kind of pushed out. So Sam took over and kind of cleaned house.Andrew Keen: But then aren't those people also very concerned that it appears as if Sam's having his cake and eating it, having it both ways, talking about the company being a non-profit but behaving as if it is a for-profit?Keach Hagey: Oh, yeah, they're very concerned. In fact, a number of them have signed on to this open letter to the attorneys general that dropped, I don't know, a week and a half ago, something like that. You can see a number of former OpenAI employees, whistleblowers and others, saying this very thing, you know, that the AG should block this because it was supposed to be a charitable mission from the beginning. And no amount of fancy footwork is gonna make it okay to toss that overboard.Andrew Keen: And I mean, in the best possible case, can Sam, the one thing I think you and I talked about last time is Sam clearly does, he's not driven by money. There's something else. There's some other demonic force here. Could he theoretically reinvent the company so that it becomes a kind of AI overlord, a nonprofit AI overlord for our 21st century AI age?Keach Hagey: Wow, well I think he sometimes thinks of it as like an AI layer and you know, is this my overlord? Might be, you know.Andrew Keen: As long as it's not made in China, I hope it's made in India or maybe in Detroit or something.Keach Hagey: It's a very old one, so it's OK. But it's really my attention overlord, right? Yeah, so I don't know about the AI overlord part. Although it's interesting, Sam from the very beginning has wanted there to be a democratic process to control what decision, what kind of AI gets built and what are the guardrails for AGI. As long as he's there.Andrew Keen: As long as he's the one determining it, right?Keach Hagey: We talked about it a lot in the very beginning of the company when things were smaller and not so crazy. And what really strikes me is he doesn't really talk about that much anymore. But what we did just see is some advocacy organizations that kind of function in that exact way. They have voters all over the world and they all voted on, hey, we want you guys to go and try to that ended up having this like democratic structure for deciding the future of AI and used it to kind of block what he was trying to do.Andrew Keen: What are the implications for OpenAI's competitors? There's obviously Anthropic. Microsoft, we talked about a little bit, although it's a partner and a competitor simultaneously. And then of course there's Google. I assume this is all good news for the competition. And of course XAI.Keach Hagey: It is good news, especially for a company like XAI. I was just speaking to an XAI investor today who was crowing. Yeah, because those companies don't have this weird structure. Only OpenAI has this strange nonprofit structure. So if you are an investor who wants to have some exposure to AI, it might just not be worth the headache to deal with the uncertainty around the nonprofit, even though OpenAI is like the clear leader. It might be a better bet to invest in Anthropic or XAI or something else that has just a normal for-profit structure.Andrew Keen: Yeah. And it's hard to actually quote unquote out-Trump, Elon Musk on economic subterfuge. But Altman seems to have done that. I mean, Musk, what he folded X into XAI. It was a little bit of controversy, but he seems to got away with it. So there is a deep hostility between these two men, which I'm assuming is being compounded by this process.Keach Hagey: Absolutely. Again, this is a win for Elon. All these legal cases and Elon trying to buy OpenAI. I remember that bid a few months ago where he actually put a number on it. All that was about trying to block the for-profit conversion because he's trying to stop OpenAI and its tracks. He also claims they've abandoned their mission, but it's always important to note that it's coming from a competitor.Andrew Keen: Could that be a way out of this seeming box? Keach, a company like XAI or Microsoft or Google, or that probably wouldn't happen on the antitrust front, would buy OpenAI as maybe a nonprofit and then transform it into a for-profit company?Keach Hagey: Maybe you and Sam should get together and hash that out. That's the kind ofAndrew Keen: Well Sam, I'm available to be hired if you're watching. I'll probably charge less than your current consigliere. What's his name? Who's the consiglieri who's working with him on this?Keach Hagey: You mean Chris Lehane?Andrew Keen: Yes, Chris Lehane, the ego.Keach Hagey: Um,Andrew Keen: How's Lehane holding up in this? Do you think he's getting any sleep?Keach Hagey: Well, he's like a policy guy. I'm sure this has been challenging for everybody. But look, you are pointing to something that I think is real, which is there will probably be consolidation at some point down the line in AI.Andrew Keen: I mean, I know you're not an expert on the maybe sort of corporate legal stuff, but is it in theory possible to buy a nonprofit? I don't even know how you buy a non-profit and then turn it into a for-profit. I mean is that one way out of this, this cul-de-sac?Keach Hagey: I really don't know the answer to that question, to be honest with you. I can't think of another example of it happening. So I'm gonna go with no, but I don't now.Andrew Keen: There are no equivalents, sorry to interrupt, go on.Keach Hagey: No, so I was actually asking a little bit, are there precedents for this? And someone mentioned Blue Cross Blue Shield had gone from being a nonprofit to a for-profit successfully in the past.Andrew Keen: And we seem a little amused by that. I mean, anyone who uses US health care as a model, I think, might regret it. Your book, The Optimist, is out in a couple of weeks. When did you stop writing it?Keach Hagey: The end of December, end of last year, was pencils fully down.Andrew Keen: And I'm sure you told the publisher that that was far too long a window. Seven months on Silicon Valley is like seven centuries.Keach Hagey: It was actually a very, very tight timeline. They turned it around like incredibly fast. Usually it'sAndrew Keen: Remarkable, yeah, exactly. Publishing is such, such, they're such quick actors, aren't they?Keach Hagey: In this case, they actually were, so I'm grateful for that.Andrew Keen: Well, they always say that six months or seven months is fast, but it is actually possible to publish a book in probably a week or two, if you really choose to. But in all seriousness, back to this question, I mean, and I want everyone to read the book. It's a wonderful book and an important book. The best book on OpenAI out. What would you have written differently? Is there an extra chapter on this? I know you warned about a lot of this stuff in the book. So it must make you feel in some ways quite vindicated.Keach Hagey: I mean, you're asking if I'd had a longer deadline, what would I have liked to include? Well, if you're ready.Andrew Keen: Well, if you're writing it now with this news under your belt.Keach Hagey: Absolutely. So, I mean, the thing, two things, I guess, definitely this news about the for-profit conversion failing just shows the limits of Sam's power. So that's pretty interesting, because as the book was closing, we're not really sure what those limits are. And the other one is Trump. So Trump had happened, but we do not yet understand what Trump 2.0 really meant at the time that the book was closing. And at that point, it looked like Sam was in the cold, you know, he wasn't clear how he was going to get inside Trump's inner circle. And then lo and behold, he was there on day one of the Trump administration sharing a podium with him announcing that Stargate AI infrastructure investment. So I'm sad that that didn't make it into the book because it really just shows the kind of remarkable character he is.Andrew Keen: He's their Zelig, but then we all know what happened to Woody Allen in the end. In all seriousness, and it's hard to keep a straight face here, Keach, and you're trying although you're not doing a very good job, what's going to happen? I know it's an easy question to ask and a hard one to answer, but ultimately this thing has to end in catastrophe, doesn't it? I use the analogy of the Titanic. There are real icebergs out there.Keach Hagey: Look, there could be a data breach. I do think that.Andrew Keen: Well, there could be data breaches if it was a non-profit or for-profit, I mean, in terms of this whole issue of trying to have it both ways.Keach Hagey: Look, they might run out of money, right? I mean, that's one very real possibility. They might run outta money and have to be bought by someone, as you said. That is a totally real possibility right now.Andrew Keen: What would happen if they couldn't raise any more money. I mean, what was the last round, the $40 billion round? What was the overall valuation? About $350 billion.Keach Hagey: Yeah, mm-hmm.Andrew Keen: So let's say that they begin to, because they've got, what are their hard costs monthly burn rate? I mean, it's billions of just.Keach Hagey: Well, the issue is that they're spending more than they are making.Andrew Keen: Right, but you're right. So they, let's say in 18 months, they run out of runway. What would people be buying?Keach Hagey: Right, maybe some IP, some servers. And one of the big questions that is yet unanswered in AI is will it ever economically make sense, right? Right now we are all buying the possibility of in the future that the costs will eventually come down and it will kind of be useful, but that's still a promise. And it's possible that that won't ever happen. I mean, all these companies are this way, right. They are spending far, far more than they're making.Andrew Keen: And that's the best case scenario.Keach Hagey: Worst case scenario is the killer robots murder us all.Andrew Keen: No, what I meant in the best case scenario is that people are actually still without all the blow up. I mean, people are actual paying for AI. I mean on the one hand, the OpenAI product is, would you say it's successful, more or less successful than it was when you finished the book in December of last year?Keach Hagey: Oh, yes, much more successful. Vastly more users, and the product is vastly better. I mean, even in my experience, I don't know if you play with it every day.Andrew Keen: I use Anthropic.Keach Hagey: I use both Claude and ChatGPT, and I mean, they're both great. And I find them vastly more useful today than I did even when I was closing the book. So it's great. I don't know if it's really a great business that they're only charging me $20, right? That's great for me, but I don't think it's long term tenable.Andrew Keen: Well, Keach Hagey, your new book, The Optimist, your new old book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. I hope you're writing a sequel. Maybe you should make it The Pessimist.Keach Hagey: I think you might be the pessimist, Andrew.Andrew Keen: Well, you're just, you are as pessimistic as me. You just have a nice smile. I mean, in all reality, what's the most optimistic thing that can come out of this?Keach Hagey: The most optimistic is that this becomes a product that is actually useful, but doesn't vastly exacerbate inequality.Andrew Keen: No, I take the point on that, but in terms of this current story of this non-profit versus profit, what's the best case scenario?Keach Hagey: I guess the best case scenario is they find their way to an IPO before completely imploding.Andrew Keen: With the assumption that a non-profit can do an IPO.Keach Hagey: That they find the right lawyers from wherever they are and make it happen.Andrew Keen: Well, AI continues its hallucinations, and they're not in the product themselves. I think they're in their companies. One of the best, if not the best authority, our guide to all these hallucinations in a corporate level is Keach Hagey, her new book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. Essential reading for anyone who wants to understand Sam Altman as the consummate salesman. And I think one thing we can say for sure, Keach, is this is not the end of the story. Is that fair?Keach Hagey: Very fair. Not the end of the story. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

In this captivating conversation, Anatoly Yakovenko, co-founder of Solana, shares the journey behind building one of crypto's most resilient blockchain networks.He discusses surviving the COVID market crash, the FTX collapse, and how Ethereum founder Vitalik Buterin's support helped during their darkest days. __________________________________PARTNERS

If you buy enough memecoins you could have dinner with the PresidentFEATURING:Victoria Jones (https://twitter.com/satoshis_page)Josh Scigala (https://twitter.com/JScigala)Ben Arc (https://twitter.com/Arcbtc)Thomas Hunt (https://twitter.com/MadBitcoins)THIS WEEK:  Jack Mallers to lead Tether, Softbank, and Cantor Fitzgerald-backed Bitcoin Treasury company.  Twenty One Capital will launch with 42,000 $BTC in assets.We're winning.https://twitter.com/tftc21/status/1915053416663171156?s=46Source: Twitter / XCantor Skyrockets 130% as Traders FOMO Into the Stock on Bitcoin SPAC Frenzyhttps://www.coindesk.com/markets/2025/04/24/cantor-equity-shares-surge-55-jump-another-15-pre-market-on-bitcoin-spac-deal-buzzSource: CoindeskSo Tether, Softbank, and Cantor Fitzgerald are forming 21 Capital with CEO Jack Mallers.https://twitter.com/adambliv/status/1915220871699890312?s=46Source: Twitter / XBlockchain will turn the internet into the world's largest 'stock' market, says investorhttps://www.cnbc.com/2017/09/05/balaji-srinivasan-21-co-interview-on-blockchain.htmlSource: CNBC21 Inc, ‘Decommoditizing Mining'https://bravenewcoin.com/insights/21-inc-decommoditizing-miningSource: Brave CoinHere's why 21 is the most exciting bitcoin company right nowhttps://finance.yahoo.com/news/why-21-inc-is-the-most-exciting-bitcoin-blockchain-company-balaji-srinivasan-andreessen-horowitz-200250565.htmlSource: YahooBitcoin Price Prediction 2025: Can BTC Hit $100K Again? Here's What the Charts Suggesthttps://techbullion.com/bitcoin-price-prediction-2025-can-btc-hit-100k-again-heres-what-the-charts-suggest/Source: Tech BullionThis chart says the largest Bitcoin move in 5 years has begun.https://twitter.com/techdev_52/status/1914749322731585705?s=46Source: Twitter / XIndicted ‘Bitcoin Jesus' Pays Roger Stone $600,000 to Lobby for Himhttps://www.nytimes.com/2025/04/24/us/politics/stone-bitcoin-crypto-trump.htmlSource: NY TimesA Nevada politician was convicted of using funds meant to honor a slain officer on plastic surgery. Trump just pardoned herhttps://www.cbsnews.com/news/trump-pardons-michele-fiore-las-vegas-nevada-politician-fraud/Source: CBS NewsHere's how HEX's Richard Heart beat SEC fraud chargeshttps://cointelegraph.com/news/how-richard-heart-hex-beat-sec-fraud-chargesSource: Cointelegraph After legal drama, Shaquille O'Neal reaches settlement in FTX class action lawsuithttps://www.theblock.co/post/351880/after-legal-drama-shaquille-oneal-reaches-settlement-in-ftx-class-action-lawsuitSource: The BlockFamilies of detainees in El Salvador and Venezuela decry Bukele's prisoner swap offerhttps://www.theguardian.com/world/2025/apr/23/el-salvador-bukele-venezuela-prisonersSource: The GuardianBitcoin, Altcoins Pump After Federal Reserve Board Withdraws Crypto Notification Rules For Bankshttps://www.ibtimes.com/bitcoin-altcoins-pump-after-federal-reserve-board-withdraws-crypto-notification-rules-banks-3771352Source: Ib TimesTrump offers private dinner to the top investors in his meme coinhttps://www.cnn.com/2025/04/24/politics/meme-coin-trump-dinner/index.htmlSource: CNN___________________________________________________________________________________________World Crypto Networkhttps://www.worldcryptonetwork.com/On This Day in World Crypto Network Historyhttps://www.worldcryptonetwork.com/onthisday/------------------------------------------------------------------------------------------------------------------------------------------------------Please Subscribe to our Youtube Channelhttps://m.youtube.com/channel/UCR9gdpWisRwnk_k23GsHf

#724. ¿Y si el verdadero cisne negro no está por venir, sino que ya lleva años volando sobre nosotros? Hoy hablamos del activo que muchos creen intocable. Pero Lehman, Terra y FTX también parecían estables… hasta que dejaron de serlo. Si la historia rima, ¿qué verso le toca a Tether?• Notas de este episodio:https://podcast.pau.ninja/724• Comunidad + episodios exclusivos:https://sociedad.ninja/(00:00) Introducción(1:33) Lehman Brothers(2:30) Terra Luna(3:49) FTX(4:38) La asustadiza similitud entre Tether y esta estafa(12:49) Si Tether hace esto dile adiós a tus USDT(19:07) ¿Y qué pasa con los famosos bonos del Tesoro de EEUU de Tether?

Zizians, technofeudalism, Rationalist movement, COINTELPRO, Philadelphia/Wilmington suburbs, seasteading, Vassarites, PayPal mafia, Bay Area, Medieval era, Mendicants, Effective Altruism (EA), Sam Bankman-Fried (SBF), FTX, cryptocurrency, cybernetics, science fiction, techno-utopianism, the American obsession with technology/science, Extropianism, Accelerationism, AI, Roko's Basilisk, DOGE, cypherpunks, assassination politics, behavior modification, cults, ketamine, Leverage Research, ARTICHOKE/MK-ULTRA, the brain as a computer, Programmed to Kill, modern proliferation of cults, Order of Nine Angles (O9A), Maniac Murder Cult (MKY), digital Gladio, networking, decentralized finance (DeFi), digital commonsPurchase Weird Tales :Amazon: https://www.amazon.com/Weird-Tales-Zizians-Crypto-Demiurges/dp/B0F48538C6?ref_=ast_author_dpEbook (KDP/PDF): https://thefarmpodcast.store/Music by: Keith Allen Dennishttps://keithallendennis.bandcamp.com/Additional Music: J Money Get bonus content on Patreon Hosted on Acast. See acast.com/privacy for more information.

Vielleicht kennst du den Spruch „5 Things I Wish I knew when I was 20“? In einem persönlichen Talk erfährst du 5 große Learnings, die Johannes Kliesch im Business, aber auch im Privatleben gemacht hat. Johannes Kliesch berichtet von entscheidenden Stationen im Leben, wie z.B. dem Studium, dem Einstieg ins Berufsleben, aber auch von Erfahrungen aus seinem Privatleben, die ihn zu dem gemacht haben, was er heute ist. Diese Episode gibt dir Anreize, Neues auszuprobieren und soll dir helfen erfolgreicher zu werden. Egal, ob du noch jünger als 20 Jahre bist oder älter. Johannes Kliesch ist ein erfolgreicher Unternehmer und Mitgründer von SNOCKS, einem E-Commerce-Unternehmen, das sich auf hochwertige Socken und Unterwäsche spezialisiert hat. Mit seiner visionären Führung und innovativen Marketingstrategien hat Johannes SNOCKS zu einer bekannten Marke aufgebaut, die sich durch Qualität und Kundenzufriedenheit auszeichnet. Er ist ein Experte im Bereich E-Commerce und digitale Vermarktung und teilt seine Erfahrungen und Insights regelmäßig in Vorträgen und Podcasts. Johannes teilt seine Gründerreise und seine E-Commerce Expertise auf LinkedIn, sein Netzwerk umfasst dort über 65.000 Follower. Er ist Host des Podcasts “E-Commerce, Why Not?!” und gibt wöchentlich Tipps für das Daily Business im Online-Handel. Die 5 Dinge: 1. Investiere in dich selbst: Johannes Kliesch betont die Bedeutung, in die eigene Persönlichkeit und Fähigkeiten zu investieren, besonders in den 20ern. Anstatt frühzeitig in ETFs oder Altersvorsorge zu investieren, empfiehlt er, das Geld in Projekte und Erfahrungen zu stecken, die langfristig wertvolle Lektionen und Fähigkeiten vermitteln. 2. Emotionale Verpflichtungen bei Investments: Johannes hat gelernt, dass jedes Investment auch eine emotionale Verpflichtung mit sich bringt. Er betont die Wichtigkeit, nur in Dinge zu investieren, die man versteht und auf die man Einfluss hat, um unnötigen Stress zu vermeiden. 3. Geduld und Ausdauer: Der Weg zum finanziellen Erfolg ist lang und oft mit Rückschlägen verbunden. Johannes teilt seine Erfahrung, dass es Jahre dauern kann, bis ein Unternehmen wirklich profitabel wird und dass man bereit sein muss, lange Zeit ohne signifikante finanzielle Belohnungen zu arbeiten. 4. Chancen nutzen: Wenn etwas funktioniert, sollte man all-in gehen und die Gelegenheit maximal ausnutzen. Johannes hebt hervor, dass erfolgreiche Geschäftsmodelle oft nur ein begrenztes Zeitfenster haben, in dem sie optimal funktionieren. 5. Die Businesswelt ist ein Haifischbecken: Johannes warnt davor, sich von äußeren Erfolgsdarstellungen blenden zu lassen. Er teilt die schmerzhafte Erfahrung, durch die Insolvenz der Kryptobörse FTX einen großen Teil seines Vermögens verloren zu haben, und betont die Wichtigkeit, skeptisch zu bleiben und sich nicht von Hypes mitreißen zu lassen. __________________________ ||||| PERSONEN |||||

Ähnlich wie Terra Luna und FTX ist diese Woche ein Altcoin komplett zusammengebrochen... 00:00 Intro 00:24 Vorschau 00:48 Mantra 03:26 Bitcoin 05:03 Ethereum 07:03 Solana 07:31 Charts 08:39 Verabschiedung #krypto #cryptonews #cryptotrading #swissquote _____ Lernen Sie die Grundlagen des Handels in Ihrem eigenen Tempo mit dem Swissquote Education Center. Entdecken Sie unsere Online-Kurse, Webinare und eBooks: https://swq.ch/wr _____ Entdecken Sie unsere Marke und Philosophie: https://swq.ch/wq Erfahren Sie mehr über unsere Mitarbeiter: https://swq.ch/d5 _____ Bleiben Sie mit uns in Verbindung: LinkedIn: https://swq.ch/cH

In this explosive breakdown, Kerry Lutz of the Financial Survival Network explores the radical theory that Washington has been quietly hoarding massive amounts of BTC—possibly over a million coins—through seizures, covert acquisitions, and even Satoshi Nakamoto's original stash.  Could skyrocketing Bitcoin prices allow America to wipe out its debt in one move? Is the government sitting on a digital goldmine it plans to deploy during a global monetary reset? What happens if the leftover Bitcoin is used to privatize and fully fund Social Security? From the collapse of FTX and the takedown of SBF to the sudden approval of Bitcoin ETFs and the rise of the Strategic Bitcoin Reserve, the pieces may already be in place. This is not financial advice—this is geopolitical speculation on a red-pill level. Read the full article and find more from Kerry here: https://FinancialSurvivalNetwork.com  

Summary   In this episode, Blockchain Wayne interviews Mike Wilson from the Vegas Crypto Group, discussing the evolution of the crypto community, the importance of education and meetups, and the impact of regulatory policies on innovation. They explore upcoming events in Las Vegas, including the Litecoin Summit and Bitcoin Pizza Day, while emphasizing the need for community engagement and support for crypto-friendly politicians. The conversation highlights the significance of privacy and freedom in the crypto space, encouraging listeners to take an active role in the community.   Takeaways   Mike Wilson has been involved in the crypto space for over 30 years. The Vegas Crypto Group hosts various events to build community. Stand With Crypto supports crypto-friendly politicians across the U.S. Privacy is essential for freedom and innovation in crypto. FTX's collapse was a result of fraud, not a crypto issue. Meetups are crucial for educating newcomers about crypto. Bitcoin Pizza Day celebrates the use of Bitcoin as currency. Community engagement is vital for the growth of the crypto industry. Technology creates new jobs, even as it replaces old ones. Everyone is encouraged to get involved in the crypto community.   Chapters   00:00 Introduction to the Crypto Journey 02:56 Building the Vegas Crypto Community 05:53 The Importance of Crypto-Friendly Policies 08:53 The Role of Meetups in Crypto Education 11:46 Upcoming Events in Las Vegas 15:01 The Impact of FTX on Crypto Perception 18:06 The Future of Bitcoin and Community Engagement 21:09 Final Thoughts and Encouragement

We compare Bitcoin's recent 30% price drop to previous crashes like COVID, Terra/Luna, and FTX, discussing market sentiment, recovery patterns, and whether Bitcoin behaves as a risk-on or risk-off asset.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comHow do previous Bitcoin crashes compare to this week's Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash.Follow our guests: @cbspears @asilayhodling @btcszn2Notes:- Bitcoin down 30% from $109K to $76K- Markets recovered 9.5% in one day- Terra/Luna crash: 35% drop in one week- FTX collapse: only 30% drop but worst sentiment- US fiscal deficit at $36.7 trillion debt- BitMEX "outage" may have saved 2020 crashTimestamps:00:00 Start00:46 Bitcoin crashes, “don't buy it”06:25 Macro lookback14:00 Covid crash (march 2020)23:18 Terra Luna crash (may 2022)32:16 FTX Crash38:43 Stay humble, stack sats-

This is a cross-post of our latest Writer's Room for Bitcoin Season 2, a weekly back-and-forth between Blockspace's Charlie Spears and Colin Harper on hot news items and Bitcoin esoterica. You can find prior episodes on the Bitcoin Season 2 YouTube. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com How do previous Bitcoin crashes compare to this week's Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash. Follow our guests: @cbspears @asilayhodling @btcszn2 Notes: - Bitcoin down 30% from $109K to $76K - Markets recovered 9.5% in one day - Terra/Luna crash: 35% drop in one week - FTX collapse: only 30% drop but worst sentiment - US fiscal deficit at $36.7 trillion debt - BitMEX "outage" may have saved 2020 crash Timestamps: 00:00 Start 00:46 Bitcoin crashes, “don't buy it” 06:25 Macro lookback 14:00 Covid crash (march 2020) 23:18 Terra Luna crash (may 2022) 32:16 FTX Crash 38:43 Stay humble, stack sats Learn more about your ad choices. Visit megaphone.fm/adchoices

This is a Forum Team crosspost from Substack. Matt would like to add: "Epistemic status = incomplete speculation; posted here at the Forum team's request" When you ask prominent Effective Altruists about Effective Altruism, you often get responses like these: For context, Will MacAskill and Holden Karnofsky are arguably, literally the number one and two most prominent Effective Altruists on the planet. Other evidence of their ~spouses' personal involvement abounds, especially Amanda's. Now, perhaps they've had changes of heart in recent months or years – and they're certainly entitled to have those – but being evasive and implicitly disclaiming mere knowledge of EA is comically misleading and non-transparent. Calling these statements lies seems within bounds for most.[1] This kind of evasiveness around one's EA associations has been common since the collapse of FTX in 2022, (which, for yet more context, was a major EA funder that year and [...] ---Outline:(03:32) Why can't EAs talk about EA like normal humans (or even normal executives)?(05:54) Coming of age during the Great Awokening(07:15) Bad Comms Advice(08:22) Not understanding how words work (coupled with motivated reasoning)(11:05) TraumaThe original text contained 5 footnotes which were omitted from this narration. --- First published: April 8th, 2025 Source: https://forum.effectivealtruism.org/posts/6NCYo7RFYfkEjLAtn/ea-adjacency-as-ftx-trauma --- Narrated by TYPE III AUDIO. ---Images from the article:Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.

De cryptomarkt blijft net zo grillig als de geopolitieke spanningen die haar beïnvloeden. Na een flinke terugval richting 75.000 dollar, veerde de koers van Bitcoin plotseling op richting de 82.000 dollar. Dat lijkt mede te danken aan uitspraken van Donald Trump, die terugkwam op eerdere ferme standpunten in de handelsoorlog. Analisten zien 75.000 dollar als een kantelpunt: daaronder dreigt het einde van de bullmarkt, daarboven gloort hoop. Wie verder uitzoomt, ziet dat Bitcoin het in deze periode van economische onzekerheid beter doet dan veel traditionele aandelenindices. Mogelijk omdat het al eerder harde klappen heeft gehad, of omdat beleggers het verhaal van Bitcoin als digitaal goud toch niet helemaal loslaten. Altcoins volgden woensdagavond het positieve sentiment, maar hebben de eerdere verliezen nog lang niet goedgemaakt. Ondertussen groeit de overnamedrift in de cryptosector. Ripple heeft voor ruim een miljard dollar het handelsplatform Hidden Road overgenomen. Het platform is actief als zogeheten prime broker: een tussenpersoon tussen grote financiële partijen. Hoewel er weinig bekend is over het klantenbestand, is de verwachting dat de meeste grote spelers op de markt ermee werken. Ripple was al eerder als investeerder betrokken, net als partijen als Coinbase en het inmiddels failliete FTX. Nu neemt Ripple de volledige controle over. De deal past in een breder patroon van consolidatie op de Amerikaanse cryptomarkt. Eerder dit jaar nam exchange Kraken het derivatenplatform NinjaTrader over. Coinbase zou op zijn beurt in gesprek zijn over de overname van het Nederlandse Deribit, voor een bedrag tussen de vier en vijf miljard dollar. Die gesprekken zijn nog niet afgerond, maar volgens bronnen in de sector lijkt een overeenkomst slechts een kwestie van tijd. Dat Ripple zich nu ook nadrukkelijk mengt, maakt de consolidatieslag extra zichtbaar. Verder is Ethereum-ontwikkelaar Virgil Griffith vrijgelaten uit een gevangenis in Michigan. In 2019 gaf hij een presentatie in Noord-Korea over blockchaintechnologie, waarbij ook werd besproken hoe sancties mogelijk konden worden omzeild. Dat leidde tot een veroordeling tot 63 maanden cel en een geldboete. Griffith heeft nu geen gratie gekregen, maar mag zijn straf voortzetten in een reïntegratievoorziening. Ook elders in de VS lijkt de houding tegenover crypto te versoepelen. De sanctielijst van het ministerie van Justitie is aangepast, lopende rechtszaken worden stopgezet en meerdere gedetineerden uit de sector zijn inmiddels vrijgelaten. Deze week in de CryptocastEerste hulp bij handelsoorlogen, crises en cryptocrashes! Na de beurscrash van maandag zijn Bert en Peter Slagter naar de studio geroepen om te analyseren wat er nu precies aan de hand is. We zijn in het plan van Trump en zijn belangrijkste adviseur Stephen Miran gedoken en duiden de impact op de cryptomarkt. Want Bitcoin doet het relatief goed, maar dreigt ook met een hoop uitzoomen zijn stijgende trend te verliezen. Dat zou het einde van deze bullmarkt betekenen. Met Daniël Mol bespreken we elke week de stand van de cryptomarkt. Luister live donderdagochtend rond 8:50 in De Ochtendspits, of wanneer je wilt via bnr.nl/podcast/cryptocastSee omnystudio.com/listener for privacy information.

This week, we dive into the evolving crypto and macro landscape—starting with the latest market signals: BTC dominance climbs to 69%, perp funding turns negative, and BTC options remain cautiously bearish. We also break down technical levels to watch, institutional flow trends, and how global equity valuations are influencing crypto sentiment.On the macro front, rising US-China uncertainty continue to take center stage. We assess potential ripple effects from escalating tariffs, a weakening yuan, and the PBOC's monetary posture.In industry news, Ripple makes a $1.2B acquisition, and Apollo backs Plume's push into tokenized assets. Onchain, stablecoin growth pauses while infrastructure protocols reclaim top revenue spots.We also share Coinbase updates: the May 9 launch of 24/7 derivatives trading, upcoming XRP futures, and progress in tokenized fund access through WisdomTree Connect.Topics Covered:Market Metrics: BTC dominance at 69%, flat-to-negative perp funding, bearish skew in options, and COIN50 reboundMacro Trends: China tariff escalation, yuan devaluation risk, Fed expectations and SPY valuation divergencesIndustry News: SEC stablecoin guidance, Ripple's $1.2B deal, Apollo's investment in Plume, and fundraises from Blackbird & CapOnchain Insights: Stablecoin growth stalls, Aave vote for Pendle PT as collateral, memecoin activity falls relative to overall DEX volumesCoinbase Updates: Derivatives launch (May 9), XRP Futures (Apr 21), WisdomTree tokenized funds, ML & Blockchain SummitUpcoming Catalysts: CPI + Jobless Claims (Thurs), FTX distributions (May 30), Pectra upgrade (end of April)Host:Ben Floyd, Head of Execution Services Speakers:David Han, Research AnalystGeorg Toropov, Senior CES Sales TraderLinks:Coinbase Derivatives is targeting May 9th to enable 24x7 trading for Bitcoin and Ether futures.XRP Futures likely to go live on April 21stWisdomTree Connect: 13 Tokenized Funds Now Available Across Base, Ethereum, Arbitrum, Avalanche and OptimismMachine Learning and Blockchain research summit on Thursday 8th MayCoinbase Blog - Unlocking Government Efficiency with Crypto and Blockchain

In this episode, I speak with Natalya Thakur, Founder of Knox, and Kevin Hoang Founder of EQ Exchange (EQX), two innovative founders who are tackling the fundamental issue of trust in the digital assets space

Dans cet épisode explosif du podcast de Cryptoast, on reçoit Kouga, figure incontournable de la Solana Foundation, qui nous raconte son ascension fulgurante dans l'écosystème Solana.Entre rug pulls, effondrement de FTX, guerre des DEX, et adoption institutionnelle, il nous livre une vision honnête, humaine et ultra informative du Web3 d'aujourd'hui et de demain. Un épisode à ne surtout pas rater si tu t'intéresses à Solana, à la DeFi, ou aux coulisses des plus gros projets crypto du moment.Nos podcasts sont aussi sur :

This week, we explore Fasanara's approach to trading—how they identify inefficiencies, their evolving strategies, and what's next for their platform. We also break down the latest market trends, including perp funding rates, ETF flows, and COIN50 index performance.Beyond markets, we dive into macro updates, covering Tariff Liberation Day on April 2nd, weaker JOLTs numbers, and expectations for non-farm payrolls. In  tokenization developments, we discuss Visa's Tokenized Asset Platform, Mastercard's blockchain-powered payment network, and the evolving stablecoin landscape.In the onchain section, we track TVL changes across major protocols, Ethereum's DEX dominance over Solana, and Walrus Storage's mainnet launch. Finally, we highlight key upcoming catalysts, including the FTX claims process starting on May 30th and broader market implications.Topics Covered:Fasanara's Trading Strategies: How they identify market inefficiencies and their future plans.Market Update: Perp funding rates, ETF flows, and technical levels for BTC, ETH & key indices.Macro Outlook: Liberation Day impact, JOLTs data, and Non-Farm Payrolls expectations.Regulatory & Industry News: Visa's tokenization plans, Mastercard's blockchain network, and stablecoin legislation.Onchain Insights: TVL shifts, Ethereum vs. Solana DEX volumes, and Walrus Storage live on mainnet.Upcoming Catalysts: Tariff Liberation Day (April 2nd) and FTX large claims process (May 30th).Host: Ben Floyd, Head of Execution ServicesSpecial Guest:Alessandro Balata, Partner and Portfolio Manager at Fasanara DigitalSpeakers:David Duong, Head of Institutional ResearchDavid Han, Research AnalystGeorg Toropov, Senior CES Sales TraderLinks:Coinbase Derivatives, LLC now offers CFTC-regulated futures for Natural Gas and Cardano $ADACoinbase open-sources our multiparty computation (MPC) cryptography library, setting a new industry benchmark for cryptographic transparency.Greg Tusar, Coinbase Head of Institutional Product joins Capital Decanted discuss whether a pro-crypto US administration will spur increased institutional adoption in the world's largest market.Max Branzburg, head of consumer talks about how crypto has evolved on the Tear Sheet PodcastCoinbase Institutional Research

As the US government lays a very favorable groundwork for the crypto industry, Trump positions himself for maximum personal profit. Originally published on March 28, 2025.

Ben Beller, Partner at Sullivan & Cromwell LLP Ben Beller, Partner at Sullivan & Cromwell LLP, joins the podcast to walk through how companies can strategically navigate bankruptcy and restructuring during M&A. Drawing from experience on major cases like FTX and Silicon Valley Bank, Ben shares practical insights into Chapter 11 processes, planning strategies, liability management transactions, and how buyers can successfully acquire distressed assets. A must-listen  for corporate development professionals, acquirers, and M&A legal teams looking to build competency around distressed transactions. Things you will learn: The differences between Chapter 7, 11, and 13 bankruptcies and when to use each How liability management transactions work and their growing role in restructuring What buyers need to know about acquiring businesses in bankruptcy _______________ What is the Buyer-Led M&A™ Virtual Summit This isn't just another webinar—it's an interactive experience designed to give you the tools and strategies to lead your M&A deals with confidence. This half-day event brings together corporate development leaders and M&A experts to explore Buyer-Led M&A™, showing how you can take control of every stage of the deal. Register Now ________ This episode is sponsored by FirmRoom.  The World's Most Intuitive Virtual Data Room With AI Contract Analysis No Per-Page Fees. No B.S. Just Smarter, Faster Deals. Get started with your free trial today! ________ Episode Timestamps: [00:04:00] Ben Beller's background and major bankruptcy cases (FTX, SVB, Mallinckrodt) [00:07:30] Chapter 7 vs. Chapter 11 – key differences [00:11:30] Signs companies should begin planning for bankruptcy [00:14:00] Prepackaged vs. prearranged vs. freefall bankruptcies [00:17:30] Importance of lender relationships and communication [00:22:00] Role of private credit and debt trading in distressed situations [00:28:00] Liability management transactions explained: dropdowns, up tiers, and more [00:35:00] Trends in liability management and how they defer bankruptcy [00:41:00] M&A in bankruptcy: How buyers can seize opportunities [00:46:30] Understanding stalking horse bids and auction dynamics [00:54:30] Common mistakes in buying businesses out of bankruptcy [01:01:00] Bankruptcy reform trends and cost implications  

John D'Agostino, Head of Strategy at Coinbase Institutional, joined me to discuss TradFi entering Crypto and how Coinbase is servicing institutions such as BlackRock. John has an incredible story in TradFi that was told in the book Rigged, the True Story of an Ivy League Kid who Changed the World of Oil, written by Ben Mezrich.Topics:- TradFi going all in on Crypto- Coinbase BlackRock Partnership - Tokenization - Stablecoins - Banks entering the Crypto market - Coinbase Institutional roadmap - Crypto in the USShow Sponsor -

Sam Cooper is an award-winning Canadian investigative journalist and best-selling author, recognized for his in-depth reporting on money laundering, organized crime, and foreign interference in Canada. He gained prominence for breaking the British Columbia casino money laundering story in 2017 while at the Vancouver Sun and later expanded his work at Global News. His book, Wilful Blindness: How a Network of Narcos, Tycoons and CCP Agents Infiltrated the West, alleges that Canadian officials ignored a sophisticated criminal network tied to the Chinese Communist Party (CCP), impacting real estate, casinos, and the fentanyl crisis. Marc Cohodes is a prominent American short-seller and investor, widely recognized for his ability to uncover corporate fraud and financial misconduct. With a career spanning decades, he gained fame as a general partner at Rocker Partners (later Copper River Management) from 1985 to 2009, where he exposed major frauds like Lernout & Hauspie and NovaStar Financial—the latter becoming a Harvard Business School case study. Known for his tenacious and outspoken style, Cohodes has targeted companies across industries, including biotech (e.g., MiMedx) and crypto (e.g., FTX), often predicting collapses before they occur.Cornerstone Forum ‘25https://www.showpass.com/cornerstone25/Get your voice heard: Text Shaun 587-217-8500Substack:https://open.substack.com/pub/shaunnewmanpodcastSilver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionWebsite: www.BowValleycu.comEmail: welcome@BowValleycu.com Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.com

The crypto industry frees itself from the last remnants of SEC oversight, and Solana tries to appeal to its target demographic by bashing trans people. Originally published on March 20, 2025.

YouTubeとSpotifyでビデオポッドキャスト公開中＜目次＞(0:00) 今月のニュース(1:45) Microsoft50周年、そしてさよならSkype(6:26) YコンビネーターDemodayに思ったこと(14:25) Apple パーソナライズされたSiri延期(19:52) カルフォルニア知事のポッドキャスト戦略(26:22) セラノス、FTXの創業者は今(30:26) Ripplingが競合Deelを訴訟＜About Off Topic＞Podcast:Apple - https://apple.co/2UZCQwzSpotify - https://spoti.fi/2JakzKmOff Topic Clubhttps://note.com/offtopic/membershipX - https://twitter.com/OffTopicJP草野ミキ:https://twitter.com/mikikusanohttps://www.instagram.com/mikikusano宮武テツロー: https://twitter.com/tmiyatake1

Host Christine Lee breaks down the latest news in the crypto industry as South Korea's central bank rejects establishing a bitcoin strategic reserve.South Korea's central bank rejects establishing a bitcoin strategic reserve, Telegram's CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily."-Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi.Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4.Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Solana needs no introduction. Ever since its inception, it pushed throughput scaling on a single chain, without the need of sharding or rollups. Despite its ups and downs that culminated at the bottom of the bear market after the FTX crash, it managed to not only survive, but build a vibrant community around crypto's (arguably) most prominent PMF (thus far).Join us for a fascinating discussion and learn about Anatoly's take on controversial topics such as MEV, concurrent block leaders (the equivalent of Ethereum's PBS proposal), L2 rollups, Solana economics, how to tackle potential exploits and more.Topics covered in this episode:How the original Solana vision turned outWhat makes blockchains valuableMEV & program writable accountsConcurrent block proposersCurrent bottlenecks for scaling SolanaMainnet vs. L2 rollupsFiredancer upgradeHalting the network vs. rollbacksSolana's scaling roadmapDoubleZeroWorst hacks on SolanaUI exploits, Bybit hack and smart contract securitySolana economics and the SIMD-0228 proposalFuture improvementsUse cases for blockchainsSolana mobileEpisode links:Anatoly Yakovenko on XSolana on XSolana Mobile on XSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus One: one of the largest node operators worldwide, trusted by 175,000+ accounts across more than 60 networks, Chorus One combines institutional-grade security with the highest yields at - chorus.oneThis episode is hosted by Brian Fabian Crain & Martin Köppelmann.

Today's blockchain and cryptocurrency news  Bitcoin is up half a percent at $83,401 Eth is up slightly at $1,902 XRP, is up slightly at $2.31 CZ says he didn't seek pardon or investment from Trump World Liberty Financial raises $550M in latest token sale Russia using crypto to bypass western sanctions Representatives urge treasury to stop Trump's crypto reserve. Trezor discloses vulnerability in older hardware. 3AC owed more from FTX. Learn more about your ad choices. Visit megaphone.fm/adchoices

FTX loses a court battle to Three Arrows Capital, raising its claim to $1.53B. ZKsync ends its Ignite rewards early. Ethereum launches Hoodi testnet Pectra upgrade. BlackRock's BUIDL token surpasses $1B in assets. Argentina seeks an Interpol Red Notice for Hayden Davis over a memecoin linked to President Milei.RESOURCEShttps://www.theblock.co/post/346298/us-court-allows-3ac-to-expand-ftx-claim-to-1-5-billion?utm_source=rss&utm_medium=rsshttps://www.theblock.co/post/346312/zksync-sunsets-ignite-token-rewards-for-defi-ecosystem-cites-market-conditions-and-focus-on-elastic-network?utm_source=rss&utm_medium=rsshttps://www.theblock.co/post/346273/ethereum-developers-to-launch-new-hoodi-testnet-ahead-of-much-anticipated-pectra-upgrade?utm_source=rss&utm_medium=rsshttps://www.coindesk.com/business/2025/03/13/blackrock-s-buidl-fund-tops-usd1b-with-ethena-s-usd200m-allocationhttps://fortune.com/crypto/2025/03/13/hayden-davis-javier-milei-interpol-red-notice-prosecutor-asked-judge-melania/https://www.theblock.co/post/346212/sec-vs-ripple-nears-conclusion-as-xrp-eth-comparison-takes-center-stage-report?utm_source=rss&utm_medium=rssSecure your Business & Digital Life with Cyber Strategy Institute https://www.thegrowmeco.com/course/https://cyberstrategyinstitute.com/warden/ https://csi-store.samcart.com/products/wardenguard-personal-1device-annual/?coupon=DCN_Warden WHERE TO FIND DCNDailyCryptoNews.Net https://twitter.com/DCNDailyCrypto Trader Cobb X: @TraderCobbEditing Services https://www.contentbuck.com——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

Mimi Wu, Partner at Sullivan & Cromwell When a company is struggling financially, M&A can be a lifeline—but navigating distressed deals is a whole different game. In this episode of the M&A Science Podcast, Mimi Wu, Partner at Sullivan & Cromwell, breaks down how Chapter 11 bankruptcy, 363 sales, and creditor negotiations come into play when businesses are in distress. Mimi has worked on some of the biggest restructuring cases, including FTX and Silicon Valley Bank, and she's here to explain how distressed M&A really works—without the legal jargon. Whether you're an investor, a corporate executive, or just curious about how companies handle financial trouble, this episode is packed with insights. Things you will learn: What is Chapter 11? – How bankruptcy protects businesses and gives them time to reorganize  The Power of a 363 Sale – Why buyers love these deals and how they can acquire assets “free and clear”  Negotiating with Creditors – What happens when companies can't pay their debts, and the options they have Finding Deals in Bankruptcy – How investors and buyers can identify distressed M&A opportunities before they hit the auction stage ______________ This episode is sponsored by DealRoom AI. Forget spending hours reviewing diligence contracts. Automate the extraction and analysis of key information and create quick summary reports. Harness the power of Buyer-Led M&A with DealRooms proven framework. Visit DealRoom.net to learn more. Trailer Timestamps: [00:03:01] – What is Distressed M&A? Key Differences from Traditional M&A [00:05:32] – Chapter 11 Bankruptcy: How It Works and When to Use It [00:06:30] – 363 Asset Sales: Selling a Business in Bankruptcy [00:09:11] – Why Companies File for Bankruptcy: Common Triggers [00:10:36] – The Automatic Stay: Protecting Companies During Bankruptcy [00:14:00] – Alternatives to Bankruptcy: Negotiating with Creditors & Raising Capital [00:18:30] – How the Bankruptcy Sale Process Works: Auctions & Market Checks [00:20:41] – Credit Bidding & How Creditors Influence the Sale [00:24:02] – The 363 Auction Process: How Bidding Works [00:26:39] – Stalking Horse Bids: What They Are & How They Work [00:29:30] – How Sale Proceeds Are Distributed Among Creditors [00:33:00] – Case Study: Carrier & Ketafenol Bankruptcy Sale [00:39:35] – Finding Distressed M&A Opportunities: Buyer Strategies [00:42:00] – The Craziest Thing Mimi in Distressed M&A

On this episode of The Wolf Of All Streets, I sit down with Anthony Scaramucci to break down Trump's unexpected crypto stance, the political power shift, and what it all means for Bitcoin. We cover everything from meme coins to Wall Street's growing interest in digital assets—plus, Scaramucci's unfiltered take on the biggest economic risks ahead. Whether you're bullish or bearish, this conversation is packed with insights you can't afford to miss! Anthony Scaramucci: https://x.com/Scaramucci ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY!

Marty sits down with Ian Carroll to discuss the Argentinian crypto scam, Trump's second term, open source AI, and more.Ian on Twitter: https://x.com/Cancelcloco_Ian on Nostr: https://primal.net/IanCarroll0:00 - Intro0:36 - FTX and Milei's scam11:45 - Crypto's rep is now clear18:49 - Fold & Bitkey20:32 - How Bitcoin and Nostr change you30:13 - What's happening with gold36:54 - Unchained37:55 - Trump's 2nd term and disentangling the US45:35 - New generations bring better understanding50:48- Open source AI and immutable code58:49 - Tech oligarchy1:03:56 - McKernan and Japanese jab deaths1:08:28 - The challenge of digital ID1:18:19 - Moving to Austin1:21:42 - InfoWars1:28:22 - In person maximalismShoutout to our sponsors:Foldhttps://tftc.io/foldBitkeyhttps://bitkey.world/Unchainedhttps://unchained.com/tftc/Join the TFTC Movement:Main YT Channelhttps://www.youtube.com/c/TFTC21/videosClips YT Channelhttps://www.youtube.com/channel/UCUQcW3jxfQfEUS8kqR5pJtQWebsitehttps://tftc.io/Twitterhttps://twitter.com/tftc21Instagramhttps://www.instagram.com/tftc.io/Nostrhttps://primal.net/tftcFollow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martybentNewsletterhttps://tftc.io/martys-bent/Podcasthttps://www.tftc.io/tag/podcasts/

Host Christine Lee breaks down the latest news in the crypto industry as the LIBRA token scandal continues.CoinDesk's Christine Lee breaks down the latest news in the crypto industry on “CoinDesk Daily" as the Libra scandal continues. Libra co-creator Hayden Davis bragged in text messages that he bought influence over Argentine president Javier Milei. Plus, creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts.-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

 Sign up for our free regulatory newsletter! Silvergate Bank was once crypto's most important banking partner, handling billions in deposits from the biggest players in the industry. Then, FTX collapsed—and everything changed. In this episode of Unchained, Mike Lempres, former chairman of Silvergate, talks about how Silvergate grew into a banking giant for crypto, why Washington suddenly turned against them—even after they survived the FTX crisis, and whether Operation Choke Point 2.0 was real. Plus, did short sellers and politicians work together to tank Silvergate's stock? And what does the future look like for banks that want to serve crypto? This is part of the inside story of one of the biggest banking collapses in crypto history. Show highlights: 2:08 How Mike's background in banking led him to work in crypto 4:10 Why banking has always been a challenge for crypto companies 5:14 How Silvergate Bank got involved so much with the industry and how it achieved “tremendous growth” 8:10 The “magic” of the Silvergate Exchange Network (SEN) 14:19 Why Mike believes Silvergate's problem was not banking regulators, but D.C. politics 17:49 How everything changed after the FTX collapse 24:45 Whether SEN is a valuable asset for a bank to have 28:39 Why Mike believes that Operation Choke Point 2.0 is real 30:48 Whether short sellers worked with politicians to tank Silvergate 34:21 How Mike thinks that banks could service the crypto industry Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! RockWallet Somnia Network Quai Network Mantle Guest Mike Lempres, Former Chairman of Silvergate Bank Links Unchained:  Why the new FDIC Leadership Isn't Convinced Operation Chokepoint 2.0 Exists Regulators Are Limiting Banks Serving Crypto Clients. Does That Violate the Law? Rep. French Hill Says He'd Investigate Operation Choke Point 2.0 as Financial Services Chair Are Regulatory Failures to Blame for Crypto Banking Issues? Caitlin Long on Why Operation Choke Point 2.0 Has Bankers Nervous Ahead of Debanking Hearings, Industry Is Divided on Political Strategy Caitlin Long on Why the Fed's Rejections of Custodia Bank Seem Politically Motivated How Will the FTX Collapse Affect Silvergate? A Bear and a Bull Debate Learn more about your ad choices. Visit megaphone.fm/adchoices