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OpenAI, Anthropic, SpaceXand the AI IPO cycle face a structural problem: a cheap, capable open source exit is already drawing enterprise users away before either company goes public. ======================================================== Thank you to our sponsor! Fidelity: Fidelity has been building in crypto and DeFi since 2014 — now they're hiring. Explore career opportunities at one of the most forward-thinking names in finance here: crypto.fidelitycareers.com. Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== A viral tweet by Tom Shaughnessy, founding partner of Delphi Ventures, identified the most basic way AI could blow up: a 40x subsidy gap between consumer AI subscriptions and enterprise API costs quietly pushing businesses toward open source inference providers at 1% of the price. Citadel Securities published a near-identical thesis shortly after. Shaughnessy joins Laura Shin to map the implications for the AI IPO wave, starting with SpaceX. Low floats and passive index demand should lift these stocks out of the gate, but public market disclosures will force OpenAI and Anthropic to reveal payback periods, margins, and subscriber numbers for the first time. He also argues OpenAI's reported price cuts target Anthropic's growth metrics before the IPO, not user demand. The episode also covers the China model wildcard, whether AI model restrictions amount to big brother fearmongering, and whether crypto's tools for capital formation could keep the AGI flywheel from stalling. Host: Laura Shin, Host / Unchained Guests: Tom Shaughnessy - Founding Partner of Delphi Ventures and Co-Founder of Delphi Digital Timestamps
Prison of Husks no tiene subidas de niveles ni enemigos que hacen respawn, cuenta con un contador de adrenalina y algo maravilloso: hace suya la estética de ICO, a la que invoca con una astuta manera de usar las estéticas de PlayStation 1.-Juega la demo de Prison of Husks: https://store.steampowered.com/app/2975260/PRISON_OF_HUSKS/-ICO A Juego Lento en Podcast: https://www.youtube.com/playlist?list=PLPTGZ5GEprSZylTTutQAhDmFZFokHQoLL-Pide más información de nuestros másters en videojuegos con un 5% de descuento en tu matrícula usando este enlace: https://estudiar.unir.net/es/es-gen-ma-ing-masters-diseno/?utm_medium=off&utm_source=colectivos&utm_campaign=np-colectivos_off_colectivos_unireu_eu_es_es_convenio_generico_leadweb_nuevebits-Compra Los Secretos de Krat: más allá de Lies of P: https://amzn.to/4rKE3FV
OpenAI, Anthropic, SpaceXand the AI IPO cycle face a structural problem: a cheap, capable open source exit is already drawing enterprise users away before either company goes public. ======================================================== Thank you to our sponsor! Fidelity: Fidelity has been building in crypto and DeFi since 2014 — now they're hiring. Explore career opportunities at one of the most forward-thinking names in finance here: crypto.fidelitycareers.com. Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at cape.co/unchained (use code: UNCHAINED). ======================================================== A viral tweet by Tom Shaughnessy, founding partner of Delphi Ventures, identified the most basic way AI could blow up: a 40x subsidy gap between consumer AI subscriptions and enterprise API costs quietly pushing businesses toward open source inference providers at 1% of the price. Citadel Securities published a near-identical thesis shortly after. Shaughnessy joins Laura Shin to map the implications for the AI IPO wave, starting with SpaceX. Low floats and passive index demand should lift these stocks out of the gate, but public market disclosures will force OpenAI and Anthropic to reveal payback periods, margins, and subscriber numbers for the first time. He also argues OpenAI's reported price cuts target Anthropic's growth metrics before the IPO, not user demand. The episode also covers the China model wildcard, whether AI model restrictions amount to big brother fearmongering, and whether crypto's tools for capital formation could keep the AGI flywheel from stalling. Host: Laura Shin, Host / Unchained Guests: Tom Shaughnessy - Founding Partner of Delphi Ventures and Co-Founder of Delphi Digital Timestamps
Strategy zorgt opnieuw voor verwarring: het bedrijf stopte tegelijk $100 miljoen in bitcoin én $100 miljoen in dollars. Was de beroemde bitcoin yield nou positief of negatief? Verder bespreken we waarom ICO's definitief dood zijn, de opmars van Hyperliquid met meer dan 200.000 wekelijkse gebruikers, de controverse rond Arthur Hayes die volgens ZachXBT zijn volgers als exit liquidity gebruikt, en problemen bij Zcash na een hack. Natuurlijk sluiten we af met de marktupdate van Bert, want er was flink wat paniek op de aandelenmarkten.Probeer de eerste maand voor 5 euro (80% korting)Satoshi Radio wordt mede mogelijk gemaakt door: Watson Law en onze hoofdsponsor Bitvavo.Timestamps(00:00:00) Welkom en Podcast Introductie(00:16:00) Strategy: stopt $100M in BTC en $100M in USD(00:26:55) Strategy: maar was er nou een positieve of negatieve btc yield?(00:31:03) Strategy: “kill it, then”(00:43:25) ICO's zijn overleden(00:49:36) Hyperliquid weekly active users boven 200.000(00:57:13) Arthur Hayes: dumpt HYPE, NEAR en WLD(01:00:33) Arthur Hayes: is een scammer, volgens ZachXBT(01:03:00) Raoul Pal raadt Zcash aan (wegwezen dus)(01:05:10) Zcash valt uit de gratie door hack(01:24:00) Cryptosector voert druk rond Clarity Act op(01:30:50) Marktupdate(00:00:00) EindeBookmarksBertStrategy stopt $100M in BTC en $100M in USDMaar was er nou een positieve of negatieve btc yield?“Kill it, then”Arthur Hayes dumpt HYPE, NEAR en WLDZachXBT: Hayes gebruikt volgers als exit liquidityRaoul Pal raadt Zcash aan (wegwezen dus)Hyperliquidweekly active users boven 200.000PeterICO's zijn overledenZcash valt uit de gratie door hackCryptosector voert druk rond Clarity Act opCrisis bij Cardano
Welcome to episode 256 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, an Iran-based tech executive is arrested for alleged procurement of U.S. equipment for military sectors, and the results of "Disruption Week" have been published. In the UK, the Crown Prosecution Service has published its 2030 strategy, while in Sri Lanka there is a nationwide campaign to boost financial literacy against evolving scams. We also look at the ICO's £118,000 confiscation order in a data-theft case and reports of a $20 million payment by a prominent law firm to halt a data breach. Finally, the Bank of England warns of AI-driven vulnerabilities in banking systems.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial. The photograph on the podcast cover art is by Sora Shimazaki at Pexels, and the stinger sample between each news section is ‘Ben Logo 1' by BenKirb from Pixabay.
In the third episode of Tech Shock's 12th season, Vicki is joined by Katie Searle, Director - Children's Strategy at the Information Commissioner's Office (ICO). The ICO is the UK's independent regulator for data protection and information rights and their new Switched On to Privacy campaign is designed to help parents start regular, practical conversations about online privacy.Online privacy is one of the most important but least understood issues in children's digital lives. Children are building a detailed digital profile from as young as four, often sharing data they, and their parents, don't fully understand. This episode explores what that data trail looks like, where the risks lie, and what families can actually do about it.Talking points:What is online privacy, why does it matter for children, and what kinds of data are children sharing that parents might not realise?What are the specific risks - from location tracking to in-game chats - and what should parents know about sharenting and edtech data?What is the ICO's Switched On to Privacy campaign, and what are the three practical steps that parents can take today?https://ico.org.uk/switched-on-to-privacy/ Tech Shock is a Parent Zone production. Follow Parent Zone on social media for all the latest on our work on helping families to thrive in the digital age. Presented by Vicki Shotbolt. Tech Shock is produced and edited by Tim Malster.wwwTwitterFacebookInstagram
In this sponsored episode of The Bad Crypto Podcast, Joel and Travis welcome back Markus Levin, co-founder of XYO Network, a project first featured on the show back in the ICO days of 2018. Unlike many projects from that era, XYO is still building. The conversation centers on a huge problem in both crypto and AI: digital systems are often blind to the real world. Smart contracts, AI agents, apps, and autonomous systems can process data, but they do not automatically know whether that data is true, where it came from, or whether someone tampered with it. That is where XYO comes in. Markus explains how XYO has evolved from a proof-of-location network into what the team describes as a truth layer for real-world data. Using devices, mobile phones, sensors, NFC tags, cryptographic proofs, and its own data-focused Layer 1 blockchain, XYO is working to verify events, actions, assets, and real-world information so AI systems and blockchain applications can operate with greater certainty. Joel, Travis, and Markus also dig into the COIN app, which allows users to earn rewards for contributing real-world data, and the broader XYO ecosystem, including the XYO token, XL1 token, proof of origin, zero-knowledge privacy protections, and the newly announced AI infrastructure verification partnership with Setter Labs. The big idea: as AI becomes more powerful, the question may not be whether a model can generate an answer. The question is whether it can prove where that answer came from. Topics Covered Why AI agents and smart contracts are still “blind” to the physical world How XYO began as a proof-of-location project in 2018 Why GPS and location data can be spoofed The role of blockchain in verifying real-world events What “proof of origin” means and why it matters How XYO collects and verifies real-world data Why bad data may be one of AI’s biggest problems How verified data could reduce AI hallucinations The COIN app and how users can earn rewards for data collection XYO’s Layer 1 blockchain and the XL1 token The difference between XYO, XL1, COIN, and other ecosystem assets How zero-knowledge proofs help preserve privacy Why decentralized physical infrastructure networks may become increasingly important How XYO is moving into AI infrastructure and AI agent verification The new XYO AI SDK and what developers can build with it Why long-term survival matters in crypto Joel’s reminder that sponsored projects must still pass Bad Crypto vetting Featured Guest Markus LevinCo-founder of XYO Network Links Mentioned XYO Network: https://xyo.networkCOIN App: https://coinapp.coBuild with XYO: https://xyo.network/buildPartnership inquiries: partnerships@xyo.network Disclosure This is a sponsored episode of The Bad Crypto Podcast. Joel and Travis were compensated to feature XYO Network, but the project passed their vetting process before being brought to the Bad Crypto audience.Support the show: https://badcryptopodcast.comSee omnystudio.com/listener for privacy information.
Demetrick, Dr. Corey Petty, and Jesse are joined by founder and investor Joe for a conversation that cuts through sixteen years of crypto noise with one provocative thesis: crypto is only about trading.Joe walks the guys through all five hype cycles, from Silk Road to Mt. Gox to the 2017 ICO mania to NFTs to today, and shows how the top of every cycle has been defined by a single dominant trading narrative. Everything else, he argues, is undercurrent. The conversation traces how he arrived at this conclusion after the chaos of ETHDenver 2023 sent him back to first principles, including the poker code buried in the original Bitcoin commit.From there the guys get into where the next hype cycle is forming. Joe demos a tap trading app he is building that strips away every chart, button, and knob until trading feels closer to a mobile game than a Bloomberg terminal. Green for good, red for bad, prediction markets baked in. The crew riffs on PVP tournaments, head to head trading streams on Twitch and Kick, and why apps optimized for volatility win when traditional markets get quiet.Plus: Anatoly's legendary bag working of Hyperliquid on Solana, why a normal person will never love a candlestick chart, and Corey announces he is winding down Archivist and open sourcing the IP.Drop questions in the YouTube comments. Join the Discord. The Pope conversation got pushed to next week.
Simon Scriver's Amazingly Ultimate Fundraising Superstar Podcast
The charitable soft opt-in ICO guidance has just landed. For many charities, this is the biggest shift in supporter communications rules in years. And our inbox and membership chat are already full of questions: Does event attendance count as expressing interest? What about volunteering, buying a raffle ticket, or clicking a link? Can we now contact people we previously couldn't? And just as importantly…Where are the grey areas charities need to tread carefully? To help the sector unpack all of this quickly, we're hosting a session with Mark Burnett from Hope & May. Get access to the full webinar & 30 minute Q&A. If you enjoyed this episode, don't forget to hit follow and enable notifications so you'll get notified to be first to hear of future podcast episodes. We'd love to see you back again! And thank you to our friends at JustGiving who make the Fundraising Everywhere Podcast possible.
Welcome to episode 251 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, OFSI fines Deutsche Bank for Russia sanctions breaches, and the US reaches a settlement with Adani Enterprises over prohibited transactions involving Iranian cargo. There is a $1 billion US federal crackdown on nationwide fraud schemes, alongside the arrest of a former Venezuelan minister for large-scale money laundering linked to state food-distribution programmes. We also look at joint warnings from UK financial authorities and the ICO regarding the accelerating threat of AI-driven cybercrime and deepfake impersonation, and report on INTERPOL's Operation Ramz on cybercrime across the MENA region.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.
En Capital Intereconomía, el espacio Empresas con Identidad pone el foco en el hidrógeno renovable y en el desarrollo de infraestructuras para movilidad sostenible junto a Santiago Ramas López, director general de HVR Energy. La compañía acaba de cerrar una financiación de 12,75 millones de euros con el ICO para acelerar el despliegue de 30 nuevas hidrolineras dentro de su proyecto ACTIVA, consolidando uno de los planes de infraestructura de hidrógeno más ambiciosos de Europa. Durante la entrevista, Ramas analiza el respaldo financiero e institucional recibido, el papel de las ayudas europeas y el objetivo de alcanzar 75 hidrolineras operativas en España antes de 2030. También explica el modelo de instalación de estaciones de repostaje en gasolineras existentes mediante un sistema “todo incluido” y analiza las ventajas del hidrógeno renovable para el transporte pesado y de largo recorrido, así como los retos regulatorios y financieros pendientes para impulsar definitivamente esta tecnología en Europa. En Digital Business, Paco González, CEO de Core Tech Capital, analiza la actualidad de OpenAI, el lanzamiento de nuevos modelos, el conflicto con Apple y las enormes inversiones en capacidad de computación e inteligencia artificial. Además, Tomás Golding, Head of Financial Services & Capital Markets de VASS, aborda los retos de transformación digital de la banca, el impacto de la inteligencia artificial y cómo evolucionará el sector financiero hacia modelos más simplificados y automatizados.
Muy bien, vamos a por otro resumen trimestral, en cuatro de las secciones habituales (ePrivacy y marco regulatorio; MarTech & AdTech; IA, competencia y mercados digitales; y futuro de los medios).Entre otras cosas, hoy tratamos:* Verificación de edad en sus múltiples variantes y la evolución de la prohibición de medios sociales para menores* Memoria de actividad de la AEPD* Directrices varias del EDPB* Campañas en ChatGPT, píxeles y APIs de conversión* Píxeles de apertura en correos electrónicos (Francia, Italia)* Nuevas directrices ICO para ePrivacy (analytics, A/B testing, etc.)* Multas y juicios en California (Meta, General Motors).Hemos incluido las notas detalladas del episodio y todos los links o referencias en un post específico, como siempre, aquí disponible. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.mastersofprivacy.com/subscribe
Welcome to episode 249 of the Financial Crime Weekly Podcast. I am Chris Kirkbride. In this episode, the US and UK have expanded various of their sanctions regimes, while on fraud, the US has had heightened activity including the conviction of Bradley Heppner in a $150 million securities fraud scheme and the sentencing of a ringleader whose multinational network defrauded the elderly and vulnerable. Additionally, in the UK, the FRC sanctions former Carillion directors for reckless misconduct, and the ICO issues a near £1 million fine against South Staffordshire Water for a prolonged data breach. Finally, we look at the Google Threat Intelligence's warnings regarding the industrial-scale integration of AI by cyber-threat actors, and the outcomes of an international conference on economic crime held in London.A transcript of this podcast, with links to the stories, will be available at www.crimes.financial.
My guest today is John Gu, founder and CEO of Caladan, one of the most active market makers in crypto and a firm that has provided liquidity to more than 200 token launches. John's path runs through MIT, AlphaSimplex, Citadel's principal strategies group, and Tower Research before landing in Singapore at the dawn of the ICO era — where what started as a trade on the kimchi premium became the foundation for one of the most active liquidity providers in digital assets.The thesis of our conversation is what I'll call the cold start problem. In traditional markets, every newly listed stock arrives with scaffolding already in place — a designated market maker, a reference price, a universe of comparables, and decades of regulatory infrastructure. Crypto inverts that. A new token can launch with no orderbook, no comparables, and no clear demand curve. Someone has to quote a two-sided market into that void, and how they do it shapes whether the asset becomes a real, tradable thing — or a graveyard of wide spreads and stranded liquidity.John and I dig into how you bootstrap liquidity from zero, how the quoting playbook evolves as a market matures, the economics of token market making contracts, and how that same infrastructure now bridges into structured products and treasury solutions for token foundations.Please enjoy my conversation with John Gu.
With the Information Commissioner's Office (ICO) clear that it expects all organisations to learn from its previous enforcement actions, what lessons should organisations take from ICO GDPR enforcement over the last 18 months? In this episode Rebecca Cousin, Head of Data Privacy, Richard Jeens, Co-Head of Cyber, and Cindy Knott, Head of Data Privacy Knowledge, discuss recent ICO enforcement trends, areas of ICO focus and related lessons for companies, and share their views on what this all means for future enforcement. If you are interested in finding more Slaughter and May tech and digital content, you can subscribe to our digital blog, The Lens and our Digital Horizon Scanning series . Additionally, subscribe to our Horizon Scanning podcast show to be kept up to date when new episodes or series become available.
In this episode of FYI, Lorenzo Valente sits down with ARK Invest CEO Cathie Wood and Changpeng Zhao (CZ), founder of Binance, to examine his journey from early life in China to building the world's largest crypto exchange. CZ shares how Binance scaled rapidly, the regulatory challenges it faced, and how the crypto industry has evolved over the past decade. The conversation also covers institutional adoption, stablecoins, AI's role in accelerating innovation, and CZ's outlook on Bitcoin, exchanges, and the future of global finance.Key Points From This Episode: ● 00:00:00 CZ's early life, founding Binance in 2017, and rapid growth during the initial coin offering (ICO) boom.● 03:23:00 Key drivers behind Binance's dominance: user protection, speed, and security.● 07:07:00 Institutional participation in crypto has accelerated faster than expected.● 12:00:00 Convergence of traditional finance and crypto into a single system.● 15:03:00 Fee compression and increased competition driven by blockchain efficiency.● 23:44:00 The evolution toward “everything exchanges” offering multiple asset classes.● 34:01:00 Growth and competition among global stablecoins.● 45:58:00 Institutional inflows stabilizing and supporting crypto markets.Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)
Recomendados de la semana en iVoox.com Semana del 5 al 11 de julio del 2021
En este primer episodio del especial de Rejugando dedicado a ICO y a la figura de Fumito Ueda, el equipo formado por RaffaValencia, Adrián Plaza y Lidia Muñoz inicia un viaje profundo hacia uno de los desarrollos más influyentes y singulares de la historia del videojuego. La importancia de ICO dentro de la industria: un título lanzado en 2001 para PlayStation 2 que rompió con las normas establecidas apostando por una experiencia minimalista, emocional y profundamente artística. Desde el primer momento se establece la idea central: ICO no es solo un videojuego, sino una obra que redefinió la forma de entender la narrativa interactiva. Uno de los grandes ejes del episodio es el análisis de la figura de Ueda y su filosofía creativa. Se profundiza en su obsesión por crear algo completamente diferente, alejándose de los estándares de la época. Su concepto de “diseño por sustracción” —eliminar todo lo innecesario para quedarse con lo esencial— se presenta como la base del ADN de ICO: sin interfaz, sin HUD, sin sobreexplicaciones, y con una narrativa basada en gestos, especialmente el icónico acto de dar la mano. El programa repasa en detalle los orígenes del creativo japonés: su infancia en Japón, sus influencias culturales como el anime, el manga y obras como Nausicaä, así como videojuegos clave como Prince of Persia, Another World o incluso Lemmings, que marcaron su sensibilidad hacia la animación y la interacción. También se aborda su etapa previa a Sony, pasando por trabajos en el estudio WARP y su participación en títulos como D o Enemy Zero, donde comenzó a formarse dentro del sector. Sin embargo, su salto definitivo llega cuando presenta un prototipo de ICO a Sony, impresionando a figuras clave como Shuhei Yoshida, lo que desemboca en la creación del llamado Team ICO. El proceso de desarrollo: desde sus inicios en PlayStation hasta el salto a PS2, que obligó a rehacer el proyecto. Este cambio, lejos de ser un problema, permitió a Ueda redefinir el juego, eliminar mecánicas tradicionales (combate complejo, inventarios, misiones secundarias) y centrarse en una experiencia pura basada en exploración, puzles y vínculo emocional. Decisiones fundamentales como: La ausencia de cinemáticas CGI, apostando por escenas en tiempo real El uso del entorno como narrativa La creación de un equipo con desarrolladores poco experimentados para evitar “vicios” del medio La importancia del contacto físico como mecánica central La parte más personal es donde los compartimos cómo descubrimos ICO, desde primeras impresiones confusas hasta redescubrimientos años después, destacando cómo el juego gana valor con el tiempo y la madurez del jugador. En definitiva, este primer programa sienta las bases de la trilogía especial: un recorrido por la mente de un creador único y el nacimiento de una obra que cambió para siempre la percepción del videojuego como arte.
En este primer episodio del especial de Rejugando dedicado a ICO y a la figura de Fumito Ueda, el equipo formado por RaffaValencia, Adrián Plaza y Lidia Muñoz inicia un viaje profundo hacia uno de los desarrollos más influyentes y singulares de la historia del videojuego. La importancia de ICO dentro de la industria: un título lanzado en 2001 para PlayStation 2 que rompió con las normas establecidas apostando por una experiencia minimalista, emocional y profundamente artística. Desde el primer momento se establece la idea central: ICO no es solo un videojuego, sino una obra que redefinió la forma de entender la narrativa interactiva. Uno de los grandes ejes del episodio es el análisis de la figura de Ueda y su filosofía creativa. Se profundiza en su obsesión por crear algo completamente diferente, alejándose de los estándares de la época. Su concepto de “diseño por sustracción” —eliminar todo lo innecesario para quedarse con lo esencial— se presenta como la base del ADN de ICO: sin interfaz, sin HUD, sin sobreexplicaciones, y con una narrativa basada en gestos, especialmente el icónico acto de dar la mano. El programa repasa en detalle los orígenes del creativo japonés: su infancia en Japón, sus influencias culturales como el anime, el manga y obras como Nausicaä, así como videojuegos clave como Prince of Persia, Another World o incluso Lemmings, que marcaron su sensibilidad hacia la animación y la interacción. También se aborda su etapa previa a Sony, pasando por trabajos en el estudio WARP y su participación en títulos como D o Enemy Zero, donde comenzó a formarse dentro del sector. Sin embargo, su salto definitivo llega cuando presenta un prototipo de ICO a Sony, impresionando a figuras clave como Shuhei Yoshida, lo que desemboca en la creación del llamado Team ICO. El proceso de desarrollo: desde sus inicios en PlayStation hasta el salto a PS2, que obligó a rehacer el proyecto. Este cambio, lejos de ser un problema, permitió a Ueda redefinir el juego, eliminar mecánicas tradicionales (combate complejo, inventarios, misiones secundarias) y centrarse en una experiencia pura basada en exploración, puzles y vínculo emocional. Decisiones fundamentales como: La ausencia de cinemáticas CGI, apostando por escenas en tiempo real El uso del entorno como narrativa La creación de un equipo con desarrolladores poco experimentados para evitar “vicios” del medio La importancia del contacto físico como mecánica central La parte más personal es donde los compartimos cómo descubrimos ICO, desde primeras impresiones confusas hasta redescubrimientos años después, destacando cómo el juego gana valor con el tiempo y la madurez del jugador. En definitiva, este primer programa sienta las bases de la trilogía especial: un recorrido por la mente de un creador único y el nacimiento de una obra que cambió para siempre la percepción del videojuego como arte. Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals
Data protection in the United Kingdom is entering a new phase of post‑Brexit divergence, introducing targeted but impactful changes across regulatory governance, enforcement, and day‑to‑day compliance. In this episode of The Data Chronicles, we examine how the Data (Use and Access) Act 2025 is reshaping UK data protection through reforms to the ICO's structure, new approaches to cookies, automated decision‑making, international data transfers, and lawful bases for processing. The discussion explores how increased flexibility in the United Kingdom is paired with heightened enforcement risk, why operating across United Kingdom and European Union regimes is becoming more complex for global organizations, and how data protection is increasingly being reframed as both a legal compliance and economic policy tool – demanding closer coordination between legal, product, and operational teams.
In Episode 313 of The Block Runner Podcast, William and I-man break down the latest stress test for crypto launch platforms: Believe's rapid rise, the Printer token ICO backlash, the $2M refund, and what the failed attempts to disrupt Pump.Fun reveal about launching in a permissionless market. The conversation centers on how quickly community momentum can reverse when a platform moves too fast into tokenization, why founders face extreme psychological pressure once market attention arrives, and why examples like Believe, Heaven, Bonk-adjacent launch efforts, and Printer matter directly to the NAT.fun launch thesis. Key topics: Believe's position in the launch ecosystem and how quickly market attention can concentrate around a new platform The Printer ICO, Coinbase/Sonar rails, and why selling a token too early can reverse community sentiment The mental-health pressure founders face when crypto Twitter turns from attention into personal attack The $2M refund and what it says about trust, timing, and execution in token launches Why attempts to disrupt Pump.Fun keep failing, from Believe to Heaven to Printer How these failures become direct lessons for NAT.fun as it prepares to enter the launch-platform arena Please like and subscribe on your favorite podcasting app! Sign up for a free newsletter: www.theblockrunner.com Follow us on: Youtube: https://bit.ly/TBlkRnnrYouTube Twitter: bit.ly/TBR-Twitter Telegram: bit.ly/TBR-Telegram Discord: bit.ly/TBR-Discord $NAT Telegram: https://t.me/dmt_nat
Hub & Spoken: Data | Analytics | Chief Data Officer | CDO | Strategy
What does it take to build a modern data and AI capability inside the organisation responsible for protecting information rights across the UK? In this episode of Hub & Spoken, Jason Foster, CEO and Founder of Cynozure, speaks with Rob Holtom, Executive Director for Digital, Data, Technology and Customer Experience at the ICO, the UK's independent regulator for information rights. Together, they explore what it means to lead data and AI adoption from inside a regulator: balancing innovation with public trust, building capability without losing sight of value, and creating space for experimentation while staying grounded in responsibility. Rob shares how the ICO has approached capability building by starting with people, developing strategic as well as operational skills, and using data and AI to improve scale, efficiency and decision-making. The conversation also looks at why generative AI matters for regulators, where it can unlock value, and why data teams need to stay closely involved rather than treating it as someone else's problem. This is a practical conversation about leadership, policy, experimentation and the reality of using data well in complex organisations.
Raees Chowdhury is the co-founder and chief investment officer of Tok-Edge, a London-based regulated DeFi hedge fund built around a novel cryptoasset structure called the Redemption Token. With a career spanning senior roles at BCG and Bain Capital, a managing partner position at Revolt Ventures — a fund sitting beneath a $10 billion AUM vehicle — and deep roots in on-chain markets dating back to the ICO era of 2016–17, Raees brings rare dual fluency in institutional finance and DeFi to one of crypto's most ambitious new fund structures. Why you should listen Tok-Edge emerged from stealth on the day of this recording, and the timing is deliberate. Raees argues that the current drawdown — with Bitcoin sitting roughly 50% off all-time highs and many altcoins down 90% or more — is precisely the moment to be allocating capital to DeFi. The fund is built on a contrarian but rigorous thesis: that crypto is a genuinely new liquid asset class, that existing token models are structurally flawed, and that the teams best positioned to capture the next cycle are those who can hold TradFi infrastructure and DeFi-native thinking in the same hand. The centrepiece of what Tok-Edge is building is the Redemption Token — a new category of cryptoasset designed to solve what Raees calls the duality problem that has undermined most token models to date. Unlike governance tokens, which trend towards zero, or utility tokens, which are constrained to their native blockchain, the Redemption Token is permissionless and composable in DeFi while carrying a genuine defined function: the ability for fund investors to redeem underlying fund shares at net asset value. The model Raees reaches for by analogy is MicroStrategy — a structure designed first, then deployed as a product. Tok-Edge is doing the same, with the Redemption Token as the architecture and the Tok-Edge Fund as its first application. The fund itself is built to institutional standard — custodians, regulated directors, and governance structures you'd expect from any tier-one equities vehicle — but applied entirely to crypto and DeFi strategies. Raees walks through the team's approach to on-chain yield generation, active capital allocation between strategies, and why sitting in stablecoins and earning on-chain yield is a feature rather than a concession. He also shares his conviction that DeFi yields are far from dead, why on-chain flows will identify the winners of the next cycle before most people see them coming, and how the Berkshire Hathaway model — long-only, actively managed, comfortable holding cash — translates surprisingly well to liquid crypto asset management. With a TGE capped at $21 million targeting a $100 million first close later in 2026, this is a conversation worth hearing early. Supporting links Stabull Finance Tok-Edge Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
Alan Leer's on the mic for your London commute as Anthropic admits it's built an AI model it won't release — and launches Project Glasswing with a who's-who of tech to secure critical software. We also hit a London bit of calendar-watching as Tech.eu reveals what it's pushing at its London summit, and a UK transparency drop as the ICO details how an LLM helps turn messy complaints into real cases. In gaming, 007: First Light slips again on Switch 2 — “later this summer” doing a lot of heavy lifting. Plus the UK's ongoing experiment in teen screen rules at home. More on everything at standard.co.uk — and follow Tech and Science Daily from The Standard for your weekday briefing. Hosted on Acast. See acast.com/privacy for more information.
I sit down with Omar, co-founder of Noya.ai, to explore how his team is building at the intersection of AI and DeFi. We talk about how Noya evolved from an omni-chain yield aggregator into a full-stack agentic platform, combining a data layer, analytics engine, and execution rails all in one MCP. Omar shares how they hit 1,000 downloads in just two days with zero paid marketing, why he believes interfaces are dead and agents are the future, and how proprietary data is the key moat for any Web3 startup in the age of AI. We also get into prediction market vaults, delta-neutral strategies, tokenization of real-world assets, and what the next 6–12 months looks like for Noya. DisclaimerNothing mentioned in this podcast is investment advice and please do your own research. It would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/--- CONNECT ---Noya.ai Website: https://noya.aiTwitter/X: https://x.com/NetworkNoya Omar: https://x.com/OptimisticOmni Web3 with Sam Kamani: https://www.web3pod.xyz/--- KEY POINTS WITH TIMESTAMPS ---• [00:49] Omar shares his crypto origin story — hooked by an Andreas Antonopoulos video in 2016, survived the ICO craze, DeFi Summer, and a VC role building on Luna before founding Noya• [01:52] The core vision: mesh intelligence and execution together, because interfaces are dead and the future is agentic• [03:24] Noya's current product suite — an MCP, a data aggregation layer, wallet analytics across prediction markets and DeFi, and structured vaults• [04:10] 1,000 MCP downloads in two days with zero paid marketing and 30,000 monthly active users on the platform• [07:41] A concrete example of how the Noya agent works — from token research to price alerts on Telegram to on-chain execution• [09:56] How Noya pivoted from omni-chain yield aggregator to its current agentic vision, and why the vault space was too crowded and too risky• [11:40] How Noya thinks about trust and safety — pre-built transaction templates, slippage warnings, honeypot detection, and a forthcoming security layer• [13:41] Why Omar sees little direct competition — the vision of one MCP for data, execution, analytics, and research across all chains is unique• [15:01] DeFi's biggest problem right now is lack of real usage, and tokenization of real-world assets is what will revive it• [19:50] How founders should think about building moats in the age of AI — proprietary data, multi-layer positioning, and pay-per-use infrastructure• [24:16] What's next for Noya — improving the MCP, launching the first delta-neutral prediction markets vault, and expanding protocol integrations
Markets are rallying on a fragile Iran ceasefire, but the real risks may be getting closer. David and Haseeb break down Anthropic's secretive new AI model and why it could expose vulnerabilities across crypto, from smart contracts to core blockchain infrastructure, plus the growing divide around “Q-Day” and how urgent the quantum threat really is. They also unpack Iran's unexpected use of Bitcoin in global trade, the White House's stance on stablecoin yields, and why the market feels stable on the surface while bigger risks continue to build. ---
Simon Scriver's Amazingly Ultimate Fundraising Superstar Podcast
The biggest data change for UK charities since GDPR is here — and it's an opportunity you can't afford to miss. In this episode, host Josh Leigh, Co-Founder of Hynt, the digital fundraising agency, is joined by a panel of expert; fundraising compliance specialist Cam St-Omer Donaldson, people and processes consultant Kirsty Mooney, and digital marketing expert Sarah Crowhurst to break down everything charities need to know about the new Email Soft Opt-In rules. In this episode, we cover: - What Email Soft Opt-In actually means and what's changed under the new Data Use and Access Act 2025 - Why we're still waiting on ICO guidance — and what you can do right now while you wait - Which teams, systems, and processes across your organisation need to be involved - Why this change is NOT retrospective — and what that means for your existing data - How to document your decision-making to protect your charity - The massive opportunity to grow your email and SMS audiences — and how to make the most of it - What a strong supporter communication programme looks like once you've implemented the change Want support implementing Email Soft Opt-In at your charity? Email hello@hynt.studio with code PODCAST20 for 20% off. Click here to subscribe to our email list for exclusive fundraising resources, early access to training, special discounts and more If you enjoyed this episode, don't forget to hit follow and enable notifications so you'll get notified to be first to hear of future podcast episodes. We'd love to see you back again! And thank you to our friends at JustGiving who make the Fundraising Everywhere Podcast possible.
Allen Ng, Co-Founder & CEO of Everest Venture Group (EVG), joins us to break down why Hong Kong has emerged as Asia's leading crypto hub in 2026.From launching startups in college to working on venture deals later acquired by Amazon, Allen's journey spans the early days of tech to the rise of crypto. Since entering the space during the 2017 ICO era, he has built EVG into a 200-person firm delivering 400+ smart contract audits annually across major blockchain networks.In this conversation, we explore how Asia's crypto landscape has evolved — and why Hong Kong is now at the center of it.Allen shares insights on:- The shift from the ICO era to today's institutional crypto landscape- How Hong Kong overtook Singapore as Asia's top crypto hub- The key differences between Hong Kong's “bottom-up” ecosystem and Singapore's “top-down” approach- Why talent and execution matter more than regulation- How Hong Kong connects to China's vast engineering talent pool- Emerging markets like Vietnam and their growing crypto adoption- What founders should consider when choosing where to build in AsiaThis is a grounded, experience-driven discussion on the realities of building in crypto — based on over a decade of firsthand experience in the industry.
In this episode, Lex chats with Marc Boiron — CEO of Polygon Labs. Marc shares his journey from law to blockchain, discussing the challenges of navigating crypto's evolving legal landscape and the complexities of structuring compliant DeFi projects. He explains Polygon's strategic pivot to focus on stablecoin payments, leveraging its proven blockchain and global partnerships. Marc highlights Polygon's real-world adoption, competitive edge, and vision to become the leading platform for on-chain payments. The episode offers insights into regulatory hurdles, industry trends, and Polygon's mission to transform digital money movement. NOTABLE DISCUSSION POINTS: The Labs-Foundation Structure Is a Frankenstein - and Its Creator Knows It: Marc helped architect the legal frameworks behind major DeFi token launches but openly calls the outcome a “complete Frankenstein.” The arm's-length separation between labs and foundations was necessary to survive regulatory hostility, but makes coherent execution nearly impossible. He argues projects still copying this structure today are doing so out of habit, not legal necessity. Generalist Blockchains Are Dead - Polygon Is Betting Everything on Payments: As chain architectures converge, Boiron believes differentiation through speed and low fees is over. Polygon analysed its actual usage, found stablecoin payments was the standout vertical - $2.3 trillion already moved, fintechs across LatAm, Africa, and Southeast Asia already on-chain - and went all-in. The thesis is binary: if all money moves on-chain within a decade, even the 50th-best payments chain wins big. Polygon's Real Moat Is Enterprise Trust Built During the NFT Era: The 2022–23 enterprise NFT push looked like a dead end after FTX collapsed, but it left behind institutional due diligence and credibility. Fintechs evaluating payments chains find that Polygon has years of live production use, Fortune 500 relationships, and Stripe already defaulting to it - a trust advantage no newly launched chain can replicate. TOPICS Polygon Labs, Polygon protocol, blockchain, crypto, decentralized finance, DeFi, legal frameworks, token launches, meme coins, stablecoins, payments, fintech, Ethereum, ICO boom, web3, NFT, Stripe, Circle ABOUT THE FINTECH BLUEPRINT
In this episode, I sit down with Tony from Sumex, an OG who's been in crypto since 2016. He shares how they're tackling one of crypto's biggest problems: fragmentation. From managing 20 browser tabs to trade across exchanges, to juggling wallets across different chains, crypto is a mess for most users. Tony walks through how Sumex aggregates CEXs, DEXs, DeFi protocols, and analytics into one intuitive platform. He shares lessons from raising seven figures, hitting $100M in trading volume in just four weeks, and why simplicity beats feature bloat every time. We also dive into what's happening in 2026, why this cycle topped on apathy, and what trends like RWAs and prediction markets mean for retail adoption. --- CONNECT ---Sumex Website: https://sumex.io/Sumex Platform: https://app.sumex.io/Sumex on Twitter/X: https://twitter.com/sumex--- KEY POINTS WITH TIMESTAMPS ---• [01:21] How Tony went from TradFi CFD and forex brokers into crypto in 2017• [04:33] Running an ICO roadshow in 2018 and raising $12M during the boom• [06:16] The core problem Sumex solves: crypto tribalism, fragmentation, and steep learning curves• [07:17] Who Sumex is for: active crypto users across trading, investing, and DeFi• [10:51] How they focused on building the best trading terminal first before expanding• [15:25] Biggest technical challenge: every CEX and DEX has different APIs and documentation• [18:45] Key trends in 2026: RWAs finally have institutional support and legal frameworks• [22:35] Why this cycle topped on apathy and didn't bring in fresh retail blood like NFTs did• [28:56] The feature Tony is most hyped about: the connection manager that aggregates everything• [32:36] Four weeks in: 30,000 users, $100M in futures volume, and what's next• [34:37] Sumex raised seven figures in pre-seed and is looking for strategic investorsDisclaimerNothing mentioned in this podcast is investment advice and please do your own research. It would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend. Be a guest on the podcast or contact us - https://www.web3pod.xyz/
The SEC clarifies crypto asset securities. World launches AgentKit. Tally cancels its ICO and winds down. And Cari Network builds on ZKsync. Read more: https://ethdaily.io/905 Are you running a treasury? You need liquidity but don't want to sell ETH? Get the lowest fixed rates to borrow against ETH and LSTs on Liquity V2 on liquity.org Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
In this episode, I speak with Phil from Augur about why prediction markets still matter and why decentralization in crypto still matters even more. We unpack Augur's long history as one of the earliest projects in crypto, why it lost momentum during high-fee Ethereum days, and why the team believes now is the right time to return. Phil explains how Augur is rebuilding around a modular oracle, how prediction market resolution really works, and why security at the oracle layer is the real game.We also dive into Augur's new white paper, the idea of making truth profitable, and how their escalation game and algorithmic fork are designed to make manipulation expensive. This is a deep but important conversation for anyone building in Web3, following prediction markets, or thinking about the future of decentralized infrastructure.Key points00:01:00 — Augur's early historyAugus explains that Augur was one of the earliest crypto projects, the first ICO, and the first ERC20 token. He also shares how it helped bring prediction markets and decentralized oracles into crypto.00:02:00 — Why Augur lost momentumAugus talks about how DeFi summer and high Ethereum L1 gas fees made Augur harder to use, especially for smaller wagers.00:03:30 — What crypto got wrong about decentralizationWe discuss how many projects promised to decentralize later, but often never followed through. Augus explains why Augur's original design stood apart.00:04:30 — The revival of AugurAugus explains how leftover treasury funds were used to restart development and how the new foundation was formed in 2025 to continue Augur's mission.00:06:30 — What prediction market users are really betting onAugus explains that users are not only betting on an outcome. They are also trusting how that outcome will be resolved.00:08:30 — Why resolution design mattersWe break down why trusting a multisig or centralized team becomes risky when prediction markets get large.00:09:30 — Augur's oracle designAugus explains that Augur's core innovation is a decentralized oracle that allows open participation in market resolution.00:12:00 — Making truth profitableAugus explains Augur's core design principle: align incentives so honest participants make money by supporting the truth.00:15:30 — The limit of escalation gamesAugus explains that escalation alone is not enough because a very large attacker could still outspend everyone else.00:16:00 — Augur's algorithmic forkAugus introduces Augur's key innovation: an algorithmic fork that forces dishonest attackers into the wrong universe.00:17:00 — How the fork works in practiceAugus explains how REP holders migrate into the universe they believe will retain economic value, which pushes honest users toward the truthful outcome.00:19:30 — How attackers lose moneyWe discuss how attackers may win a specific market but still lose overall because their tokens become worthless in the false universe.00:21:15 — How Augur makes moneySam asks about the business model, and Augus explains that Augur is not run for profit. Fees stay inside the protocol to pay for research and participation.00:24:00 — The next 12 months for AugurAugus shares that Augur is separating the oracle from the prediction market front end and focusing on oracle-as-a-service.00:26:00 — What Augur is looking forAugus says they are not fundraising. Instead, they want strong developers, aligned talent, and partnerships with prediction market platforms.Connect with Augurhttps://augur.net/ https://augur.net/blog/the-augur-lituus-whitepaper/https://x.com/AugurProjectDisclaimerNothing mentioned in this podcast is investment advice and please do your own research.It would mean a lot if you can leave a review of this podcast on ApplePodcasts or Spotify and share this podcast with a friend.Be a guest on the podcast or contact us - https://www.web3pod.xyz/
Send a textWelcome to the newest episode of the Serious Privacy podcast, where hosts Paul Breitbarth and Ralph O'Brien address the hot topics of the day with news updates across #privacy, #dataprotection, #security, #AI and #humanrights. No K Royal, who is on a well earned vacation!EDPB, EDPS, ICO, GPA, DUAA and other strings of letters all get discussed!Lots of news, case law, regulatory penalties to discuss including;https://www.edps.europa.eu/data-protection/our-work/publications/events/2026-02-12-data-takes-flight-navigating-privacy-airport_enhttps://ico.org.uk/about-the-ico/media-centre/news-and-blogs/2026/02/reddit-issued-with-1447m-fine-for-children-s-privacy-failures/https://ico.org.uk/media2/fb1br3d4/20260223-iewg-joint-statement-on-ai-generated-imagery.pdfhttps://ico.org.uk/about-the-ico/media-centre/news-and-blogs/2026/02/ico-wins-court-of-appeal-case-in-dsg-retail-ruling/ If you have comments or questions, find us on LinkedIn and Instagram @seriousprivacy, and on BlueSky under @seriousprivacy.eu, @europaulb.seriousprivacy.eu, @heartofprivacy.bsky.app and @igrobrien.seriousprivacy.eu, and email podcast@seriousprivacy.eu. Rate and Review us! From Season 6, our episodes are edited by Fey O'Brien. Our intro and exit music is Channel Intro 24 by Sascha Ende, licensed under CC BY 4.0. with the voiceover by Tim Foley.
What if the biggest missing piece in fighting poverty isn't food or housing—but furniture?In this powerful episode, Alicia Hamilton of Fresh Start Furnishings joins Rich alongside Natalie Johnson, COO of Inner County Outreach, to announce a major partnership that will expand services across Harford and Cecil Counties.After furnishing 321 households and serving over 900 individuals in one year, Alicia realized the next level required bigger infrastructure and shared resources. Now, Fresh Start Furnishings is joining forces with ICO, a 40-year-old nonprofit serving families across multiple counties.You'll hear:• What “furniture poverty” really means • The emotional story behind one life-changing mattress delivery • Why nonprofit sustainability requires strategy, not just passion • How this partnership expands mental health and family services • Advice for anyone thinking about starting a nonprofitLearn more: Fresh Start Furnishings – https://freshstartmd.org Inner County Outreach – https://innercountyoutreach.orgIf this episode moved you, please subscribe, leave a review, and share it with someone who believes in strengthening our community.Send a textVote for us here 10% off All MembershipsRuntime: 2/10/2026 until 2/28/2026Code: CRBPodcast This discount is valid only for memberships purchased February 10, 2026 until February 28, 2026. It cannot be applied retroactively to previous purchases and may not be combined with any other discount or promotion. All memberships purchased are nonrefundable.PodMatchPodMatch Automatically Matches Ideal Podcast Guests and Hosts For InterviewsSupport the showRate & Review on Apple Podcasts Follow the Conversations with Rich Bennett podcast on Social Media:Facebook – Conversations with Rich Bennett Facebook Group (Join the conversation) – Conversations with Rich Bennett podcast group | FacebookTwitter – Conversations with Rich Bennett Instagram – @conversationswithrichbennettTikTok – CWRB (@conversationsrichbennett) | TikTok Sponsors, Affiliates, and ways we pay the bills:Hosted on BuzzsproutSquadCast Subscribe by Email
España ha presentado su fondo soberano, aunque no es uno al uso porque se trata de un instrumento para hacer inversiones conjuntas entre lo público y lo privado a través del ICO. Lo analizamos con su presidente, Manuel Illueca, en Hora 25 de los Negocios.
Gm! In this episode we cover Solana's recent onchain performance, revenue trends, and upcoming network upgrades. We also discuss ecosystem token dispersion, client competition between Jito BAM and Harmonic, market structure challenges for perps, Prop AMM profitability metrics, and MetaDAO's shift toward uncapped ICO raises and permissionless scaling. Enjoy! -- Follow Lightspeed: https://twitter.com/Lightspeedpodhq Follow Carlos: https://x.com/0xcarlosg Follow Danny: https://x.com/defi_kay_ Join the Lightspeed Telegram: https://t.me/+QHlbNTNS4gc1ZTVh -- Join us at DAS (Digital Asset Summit) in New York City this March! Use the link below to learn more, and use code LIGHTSPEED200 to get $200 off your ticket! See you there! Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-nyc-2026 -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (4:13) Solana Metrics, Upgrades, and Ecosystem Shifts (27:33) Prop AMMs: Volume vs. Profitability (36:15) ICO Design & Launchpad Models (56:33) Closing Comments -- Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Danny, and our guests may hold positions in the companies, funds, or projects discussed.
Vitalik Buterin reframes the role of Ethereum L2s. Tally introduces an ICO platform. And Y Combinator supports funding in USDC. Read more: https://ethdaily.io/875 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3. Arkiv brings the familiar concept of a traditional Web2 database into the Web3 ecosystem. Find out more at Arkiv.network Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Benjamin is the Founder of Cap and DeFi Dave is the Founding Head of Growth.Token launches are broken. Founders pay exchanges 5-10% of supply, airdrop to farmers who dump immediately, and wonder why everything goes to zero. Benjamin calls it "the conveyor belt to death." Cap is breaking the playbook: no CEX listing fees, no token airdrops, and no TVL deals paid in tokens. Instead, they're doing the first-ever Stabledrop—$12 million in stablecoins to early supporters, funded by their upcoming ICO on Uniswap.In this episode, we cover:+ Why the status quo token launch playbook leads to death+ The Stabledrop: How $12M in stablecoins rewards early users+ Cap's three rules: No airdrops, no CEX fees, no token TVL deals+ ICO mechanics on Uniswap and who's eligible------
Thank you to our sponsors! Fuse: The Energy Network MultiChain Advisors Trove Markets crashed at launch after a hyped ICO. X has pulled the plug on the InfoFi meta. Farcaster has been absorbed. In this packed Uneasy Money episode, hosts Luca Netz, Kain Warwick and Taylor Monahan delve into how Trove's crash suggests that crypto's ICO struggles persist. Kain suggests X's move to block out InfoFi applications is “bullish” for the platform and the crew explores what's next for decentralized social media along with the takeaways from Farcaster's run. They also discuss the pervasiveness of wallet poisoning scams, why Cosmos is struggling despite its good tech and why Paradex's rollback suggests that crypto's “code is law” ethos may be dying out. Don't miss out on how Luca nearly got wrapped up in the Trove drama and Tay's tips to spot suspicious projects. Plus, why Kain thinks two people building with AI could succeed where Farcaster failed. Hosts: Luca Netz, CEO of Pudgy Penguins Kain Warwick, Founder of Infinex and Synthetix Taylor Monahan, Security at MetaMask Links: Uneasy Money: ICOs Are Back and Why Airdrops Are Instantly Dumped X Bans Incentivized Posting Apps, Prompting Shakeup in Crypto Engagement Platforms Linda Xie on How Mini-Apps Are Helping Farcaster Take on Web2 Social Media Ethereum Sets New Activity Record as Network Upgrades Pay Off Paradex Rollback Raises Hard Questions After Pricing Glitch Triggers Liquidations Learn more about your ad choices. Visit megaphone.fm/adchoices
From investment banker to crypto fund strategist, Stas Sukhinin shares insider perspectives on how credit committees really make decisions, why over-leveraged companies fail fast during downturns, and where stablecoins are creating trillion-dollar transaction opportunities. In this episode of the DealQuest Podcast, host Corey Kupfer sits down with Stas Sukhinin, a finance veteran with over 19 years of experience spanning investment banking, corporate lending, and alternative asset management. Stas began his career at internationally recognized institutions including UniCredit and Societe General, where he helped pioneer mezzanine loan products in Eastern Europe. By age 29, he had become a senior partner at one of the region's largest mezzanine lenders, managing a team of 20 finance professionals and overseeing a $450 million loan portfolio. WHAT YOU'LL LEARN: In this episode, you'll discover what really happens inside credit committees when your loan application gets reviewed and why factors unrelated to your business can determine outcomes. Stas explains how strong companies can go from healthy to restructuring in just three to four months when leverage catches up with them, and the critical difference between how first-time owners and experienced operators approach debt decisions. You'll learn the two key factors that determine how much debt your business can handle, why working capital provisions in purchase agreements deserve more attention than most buyers give them, and how sellers legally present financials in the most favorable light. The conversation also covers Stas's experience investing in the 2017 ICO boom where 90% of projects went to zero but winners returned 50x to 100x, why venture capital investors sometimes block deals that would be life-changing for founders, and where stablecoin transaction volume is already reaching trillions while most people remain unaware. STAS'S JOURNEY: Stas's path into finance started at age 14 when a classmate brought a business magazine to school. Reading about business owners selling companies for millions crystallized his direction. He knew he wanted to be in corporate lending where he could see businesses, analyze financials, and speak directly with owners while working with numbers at a bank. His first role as a junior credit analyst gave him exactly that. He progressed from working with small businesses that had no financials to mid-sized companies to large corporations. Each step taught him more about how deals really get done from inside the institutions making funding decisions. CREDIT COMMITTEE INSIGHTS: Stas pulls back the curtain on what actually happens when loan applications reach credit committees. The reality differs dramatically from what most business owners imagine. Factors affecting approval can seem completely unrelated to the specific deal. Maybe the bank already has a competitor in their portfolio. Maybe the receivable financing department has a different relationship with someone in your industry. One offhand comment from a committee member who hasn't read the full memo can change the entire trajectory of a conversation or result in higher interest rates. DEBT MANAGEMENT LESSONS: The pattern Stas has seen destroy companies in months follows predictable steps. Revenue drops or stagnates. Margins deteriorate because of increased competition and client uncertainty. Debt ratios that looked comfortable suddenly reach concerning levels. Refinancing options disappear just when needed most. Interest rates climb. Everything compounds simultaneously. The difference between experienced and first-time business owners comes down to scenario planning. Experienced operators build safety margins and stress-test assumptions. First-time owners assume conditions will continue as they are. That assumption determines survival. ALTERNATIVE INVESTMENTS: Stas joined a crypto investment fund at its inception in 2017 during the ICO boom. Out of many investments, approximately 90% went to zero. The winners returned 50x or 100x. His observation about liquidity cycles was particularly interesting. Traditional venture now averages seven-year holding periods while crypto projects can reach liquidity events in three or four years through token distributions. On stablecoins, Stas sees enormous opportunity in programmable money. Transaction volume is already in the trillions though most people in developed countries don't realize the scale. Goldman Sachs reportedly reduced bond settlement time from three days to minutes using blockchain technology. Perfect for business owners considering debt financing, entrepreneurs navigating capital raising, and anyone interested in how credit decisions really get made and where alternative investments are creating new opportunities. FOR MORE ON THIS EPISODE: https://www.coreykupfer.com/blog/stassukhinin FOR MORE ON STAS SUKHININ: https://www.thesourcer.so https://www.linkedin.com/in/stassukhinin/ FOR MORE ON COREY KUPFER https://www.linkedin.com/in/coreykupfer/ https://www.coreykupfer.com/ Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. Get deal-ready with the DealQuest Podcast with Corey Kupfer, where like-minded entrepreneurs and business leaders converge, share insights and challenges, and success stories. Equip yourself with the tools, resources, and support necessary to navigate the complex yet rewarding world of dealmaking. Dive into the world of deal-driven growth today! Episode Highlights with Timestamps: [00:00] - Introduction: Stas Sukhinin's 19 years in finance from investment banking to crypto [03:26] - First deal experience: Structuring a real estate development loan with disbursement tied to sales [05:47] - Hidden factors: Why deals get rejected for reasons unrelated to underwriting criteria[08:20] - Committee dynamics: How one comment from an uninvolved member changes deal trajectories [11:41] - Timing and instruments: When companies use the wrong type of capital [15:55] - Risk assumptions: The difference between first-time and experienced business owners [18:29] - Volatility factors: How income stability determines appropriate leverage levels [21:09] - M&A implications: Structuring adjustment provisions for concentration risk [24:09] - Liquidity advantages: Why crypto offers shorter holding periods than traditional venture[27:55] - Venture math: The story of a VC blocking a life-changing exit for 1x returns [29:27] - Due diligence limitations: Legal ways sellers present favorable financials [32:14] - Stablecoins explained: Digital tokens designed to maintain dollar parity [36:31] - Programmable money: Smart contracts that execute automatically on conditions [38:00] - Financial advisory services: How Stas helps business owners understand their financials[39:14] - Freedom defined: Removing gatekeepers and accessing financial systems without barriers Guest Bio: Stas Sukhinin has over 19 years of experience in finance spanning investment banking, corporate lending, and alternative asset management. He began his career at internationally recognized institutions including UniCredit and Societe General, where he helped pioneer mezzanine loan products and shaped the market in Eastern Europe. By age 29, Stas had become a senior partner at one of the region's largest mezzanine lenders, managing a team of 20 finance professionals and overseeing a $450 million loan portfolio. He later served on boards of several private companies, deepening his expertise across credit investments and corporate governance. Recognizing early opportunities in alternative assets, Stas joined a crypto investment fund at its inception in 2017 and continues to lead its strategy and operations. He now helps business owners run more efficiently from the lens of financials through his advisory practice. Host Bio: Corey Kupfer is an expert strategist, negotiator, and dealmaker with more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker deeply passionate about deal-driven growth. He is the creator and host of the DealQuest Podcast. Show Description: Do you want your business to grow faster? The DealQuest Podcast with Corey Kupfer reveals how successful entrepreneurs and business leaders use strategic deals to accelerate growth. From large mergers and acquisitions to capital raising, joint ventures, strategic alliances, real estate deals, and more, this show discusses the full spectrum of deal-driven growth strategies. Get the confidence to pursue deals that will help your company scale faster. Related Episodes: Episode 350 - Tom Dillon: When NOT to Take Venture Capital Money: Explore alternative funding sources including private credit, SBA loans, and sale-leasebacks with a fractional CFO who works with startups on capital strategy. Episode 370 - Gerry Hays: Democratizing Venture Capital Through VentureStaking: Discover alternative approaches to early-stage investing that don't require massive checks or exclusive networks. Episode 85 - Nick Adams: Seed Stage Venture Capital Funds: Understand how traditional VCs think about early-stage deals and what metrics they evaluate from the investor perspective. Episode 351 - Solocast: Deal Structures Beyond M&A and Capital Raising: Learn about joint ventures, strategic alliances, licensing agreements, and other creative partnership models for business growth. Episode 324 - Sejal Lakhani-Bhatt: Tech Due Diligence in M&A: Explore how technology systems and cybersecurity impact business valuation and deal outcomes. Episode 330 - Pete Mohr: Preparing Your Business for Exit: Understand why sellers often cause deals to fail and how to prepare for the emotional aspects of selling a business. Follow DealQuest Podcast: LinkedIn: https://www.linkedin.com/in/coreykupfer/ Website: https://www.coreykupfer.com/ Follow Stas Sukhinin: LinkedIn: https://www.linkedin.com/in/stassukhinin/ Website: https://www.thesourcer.so Keywords/Tags: corporate lending insights, credit committee decisions, debt management for businesses, mezzanine lending, alternative asset management, crypto investment strategy, stablecoin business applications, EBITDA management, leverage risk, working capital due diligence, venture capital exits, ICO investing, blockchain finance, programmable money, business financing, capital structure, due diligence strategies, financial advisory, dealmaking, business growth strategies
One Year On: Alex Gulland's Journey into Practice – Confidentiality in Counselling Case Studies In Episode 362 of the Counselling Tutor Podcast, your hosts Rory Lees-Oakes and Ken Kelly take us through this week's three topics: Firstly, in ‘Ethical, Sustainable Practice', we explore working with clients who have a psychiatric diagnosis, considering how to approach this work ethically, including navigating risk, understanding medication, and maintaining person-centred care. Then in ‘Practice Matters', Rory catches up with Alex Gulland, a year after she qualified, to hear what the transition from student to practitioner has really been like – from building a client base to discovering a passion for equine-assisted therapy. And finally in ‘Student Services', Ken and Rory explore how to protect client confidentiality when writing case studies – including anonymisation techniques and data protection guidance. Sarah Henry joins to share her frontline insights into balancing academic and ethical responsibilities. Working with Clients Who Have a Psychiatric Diagnosis [starts at 03:17 mins] In this section, Rory and Ken explore working with clients who have a psychiatric diagnosis, unpacking the complexities of staying within professional competence while offering relational, therapeutic support. Key points discussed include: Understanding diagnoses like bipolar disorder or schizophrenia helps reduce fear and supports ethical, informed practice. Therapists must see the person first – not the label or diagnosis – and listen to what the client needs from therapy. Medication, risk, and involvement with community mental health teams should be explored during initial assessments. Supervision is essential when working with clients who have complex mental health needs, especially during episodes of active distress or psychosis. Counsellors should seek CPD to increase confidence and competence in this area, and avoid making assumptions about diagnosis severity. One Year On: Alex Gulland's Journey into Practice [starts at 26:53 mins] In this week's ‘Practice Matters', Rory reconnects with Alex Gulland to hear how her first year as a qualified counsellor has unfolded – from business decisions to developing her niche. Key points from this conversation include: Building a client base takes time and persistence; marketing and directory presence matter. Accreditation and professional registration offer reassurance but are not always decisive factors for clients. Combining freelance roles in training with private practice has provided income and valuable experience. Alex shares how equine-assisted therapy has become a core part of her practice, offering creative, non-verbal connection. Continued learning, especially in areas like attachment theory and shadow work, has been central to her growth. Confidentiality in Counselling Case Studies [starts at 55:18 mins] In this section, Rory and Ken provide a detailed guide on how to write case studies while protecting client identity – a key consideration in counselling education. Key points include: Use anonymisation techniques such as pseudonyms, vague job titles, and generalised locations to remove identifying details. Only include information directly relevant to the assignment question – avoid unnecessary specifics or rare events. Gain informed consent where possible, and understand awarding body and agency policies on client data use. Refer to BACP guidance, ICO anonymisation principles, and supervisor support to ensure ethical compliance. Sarah Henry emphasises how students can reflect on their motivations and ensure they write responsibly while still demonstrating learning. Links and Resources Counselling Skills Academy Advanced Certificate in Counselling Supervision Basic Counselling Skills: A Student Guide Counsellor CPD Counselling Study Resource Counselling Theory in Practice: A Student Guide Counselling Tutor Training and CPD Facebook group Website Online and Telephone Counselling: A Practitioner's Guide Online and Telephone Counselling Course
Federico analiza el anuncio de Sánchez de crear un fondo soberano gestionado por el ICO tras el fin de las ayudas europeas.
Thank you to our sponsors, Multichain Advisors and Mantle! Aave DAO on Christmas Day lost the vote to take control of Aave brand assets, but the fight is likely not over. In this Uneasy Money episode Aave Chan Initiative (ACI) founder Marc Zeller takes hosts Kain Warwick and Taylor Monahan inside the fight over one of DeFi's biggest names, teasing a “phase two” of the fight. Plus, why is Infinex's ICO getting so much flak and are claims of insider trading on Polymarket misguided? Hosts: Kain Warwick Taylor Monahan Guests: Marc Zeller, Founder of the Aave Chan Initiative (ACI) Links: Uneasy Money: Why Token Holders Have No Rights & Why Every DAO ‘Has Failed' Aave Labs Proposes Off-Protocol Revenue Sharing With Token Holders Aave's Rushed Governance Vote Draws Backlash Infinex Changes INX Token Sale Terms After Low Demand MegaETH Just Had Its Public Sale. Can It Succeed in Building a Web2-Like Experience? Polymarket Introduces Taker Fees in 15-Minute Markets Polymarket Resolves Issues After Polygon Network Disruption How to Trade Prediction Markets Without an Opinion on the Event Ethereum's Vitalik Buterin Says Blockchain Trilemma ‘Has Been Solved' Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. It's a new year, and that means the crew is back with their annual year-end awards and predictions episode. First up: the 2025 winners and losers. From Trump's meme-coin windfall to Gary Gensler's legacy getting torched, from prediction markets going mainstream to Web3 getting its official eulogy — no one is safe. The team debates the biggest surprises (Circle's shocking IPO run, Ethereum's pivot under new leadership, Zcash's unlikely comeback), the best new mechanisms (ICO 2.0, DATs, federal preemption), and the year's best memes (including the Chopping Block's own tariff factory video). Then comes the flops and comebacks: AI agents that overpromised, Berachain's fall from grace, and Tether somehow winning again. Finally, the crew reviews how badly their 2025 predictions aged — spoiler: not great — and lays out fresh calls for 2026 including AI-powered hacks, stable-coin-funded AI capex, and equity perps taking over DeFi. New year, fresh takes, brutal honesty — let's get into it. Show highlights
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Thank you to our sponsor, Mantle. Sign up for their hackathon here! Crypto markets this year failed to live up to expectations, raising questions about the trajectory for next year. The situation is further complicated by speculation that Bitcoin is about to kick off a multiyear decline in line with the so-called four year cycle. In this Unchained podcast episode, Delphi Digital analysts Jason Pagoulatos and Jordan Yeakley break down the market and applications outlook for next year. They look at whether the four year cycle would hold, what gold's run means for Bitcoin and the conditions that have led to recent market apathy. They also discussed whether the recent resurgence of privacy coins is a fad and who would come out on top in the race to become an “everything app.” Is the four year cycle the result of multiple coincidences? And, is X the dark horse in the everything app meta? Guests: Jason Pagoulatos, Head of Markets at Delphi Digital Jordan Yeakley, CFA, Research Analyst at Delphi Digital Previous appearances on Unchained: What Went Wrong With Pump's ICO and Where It Goes From Here How Crypto Markets Are Post-Selloff, With Election/Fed Uncertainty Links Unchained: Will Bitcoin's New Phase Change It Forever? And Is the 4-Year Cycle Dead? The Chopping Block: Hyperliquid vs. Tarun, ADL Transparency & The Coming Perps Arms Race What Ethereum Will Look Like When It Implements Its New Privacy Focus Why the Privacy Coins Mania Is Much More Than Price Action Coinbase Launches Stock Trading and Prediction Markets Inside Robinhood's Big Super App Plan: ‘There's Still a Lot of Work to Be Done' How the x402 Standard Is Enabling AI Agents to Pay Each Other Learn more about your ad choices. Visit megaphone.fm/adchoices
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Figure Uniswap Robinhood is moving toward offering a full suite of crypto services and overhauling the infrastructure underpinning its stock trading services with blockchain technology. In this episode of Unchained, Robinhood Crypto Senior Vice President and General Manager Johann Kerbrat discusses the company's “super app ambitions” and potential competition with Coinbase. He also discusses the platform's entry into prediction markets and resistance from state regulators. Could state opposition to prediction markets drive businesses offshore? Plus, will tokenized stocks make IPOs redundant? And where are we in the crypto market? Guest: Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto Links: Previous appearances on Unchained: Why Robinhood, a TradFi Hub, Is Growing Its Crypto Business Globally Unchained: Robinhood Is Building Its Own Layer 2 Blockchain Perps Are Coming to America. Will Coinbase and Robinhood Win the Race? OpenAI Says Robinhood's Stock Tokens Are Not Equity Coinbase Expands Into Tokenized Stocks and Prediction Markets Coinbase Launches Digital Token Sales Platform Coinbase Buys Cobie's ‘Up Only' NFT and Echo in $375 Million Deal Timestamps:
Thank you to our Sponsor, Uniswap! Ethereum Fusaka is live, Infinex has embarked on its token sale, Hyperliquid is bolstering its HIP-3 markets and there is drama in Solana's DeFi land. In this episode of Uneasy Money, hosts Kain Warwick, Luca Netz and Taylor Monahan delve into the significance and implications of the Fusaka upgrade and the controversy surrounding Infinex's token sale. They also take a look at the promise and risks of Hyperliquid's buzzing perp futures markets on tokenized equities and Kamino's controversial response to competition from Jupiter. In addition, they touch on Anthropic's smart contract study and the recent Yearn Finance exploit. Hosts: Luca Netz, CEO of Pudgy Penguins Kain Warwick, Founder of Infinex and Synthetix Taylor Monahan, Security at MetaMask Links: Unchained: Cheaper Fees and No More Free Lunch for Layer 2s? Inside Ethereum's Fusaka Upgrade Ethereum's Layer 1 Lacks a Perp DEX. Synthetix Intends to Change That HIP-3 Records $500 Million in Daily Volume Uneasy Money: Hyperliquid's Dilemma After 10/10: Protect Itself or Its Users? Uneasy Money: ICOs Are Back and Why Airdrops Are Instantly Dumped Timestamps:
Thank you to our sponsor Uniswap! In this episode of Uneasy Money, hosts Kain Warwick, Luca Netz and Taylor Monahan discuss Monad's mainnet launch performance and how its ICO strategy may have proven solid in the end. They also delve into MegaETH's botched TVL campaign with Kain explaining why scrambling is bad for projects. In addition, they dissect Polymarket's CFTC greenlight, Klarna's stablecoin launch, Cardano's chain split and Berachain's secret Brevan Howard deal. Hosts: Luca Netz, CEO of Pudgy Penguins Kain Warwick, Founder of Infinex and Synthetix Taylor Monahan, Security at MetaMask Links: Unchained: Monad Co-Founder Defends Token Sale After Slow Uptake MegaETH Aborts $1B Cap Raise After Multisig Error Triggers Chaos Polymarket Gets CFTC Green Light to Operate in the US Klarna Launches Stablecoin Built on Stripe's Tempo Chain Cardano Founder Contacts FBI After Dev's ‘Careless' Test Splits Chain Uneasy Money: ICOs Are Back and Why Airdrops Are Instantly Dumped Timestamps:
In this week's Bits + Bips, Austin Campbell, Ram Ahluwalia, and Chris Perkins dig into a macro environment that's suddenly turning more supportive: QT ending, institutions stepping in, improving liquidity signals, and major catalysts across global markets. But while the setup may be bullish, one corner of crypto isn't participating at all: DATs, which Ram calls “a death spiral.” The hosts debate whether altcoins can recover, whether Strategy pushed its structure too far, if banks' unrealized losses still matter, and why the return of ICO-style launches may say more about regulation than mania. Show highlights: 0:00 Intro 3:16 Why Ram says we are still in goldilocks economy 5:07 What is missing in the markets according to Chris and how retail is so hurt 11:07 Why the dollar has been on an uptrend, contrary to what people think 13:17 The importance of banks sitting on so much unrealized losses 18:24 Nvidia's earnings and whether we are in a buying opportunity 22:21 Whether banks will be negatively affected by stablecoins growth or they are fine 25:05 What Austin and Ram disagree on whether the 50-year mortgage is good 28:25 Whether MSTR should be excluded from the MSCI index 32:56 Why Ram is “very bearish on DATs” and the importance of their operating businesses 45:19 Why Chris finds it fascinating the revival of the ICOs 51:19 Whether there's a new operations choke point going on in crypto Hosts: Ram Ahluwalia, CFA, CEO and Founder of Lumida Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting Christopher Perkins, Managing Partner and President of CoinFund Links: Unchained: MON Rallies 40% After Mainnet Launch Fortune: Suddenly, the Fed interest rate cut in December looks like it is very much back on the table Nvidia didn't save the market. What's next for the AI trade? The Index Exclusion That Ends an Era: How MicroStrategy's Exile Redefines Corporate Finance Saylor fights back Learn more about your ad choices. Visit megaphone.fm/adchoices
Check out our sponsor Uniswap! Fresh off the launch of Ignition Chain, Aztec's co-founders Zac Williamson and Joe Andrews discuss why they're rolling out a privacy-preserving L2 now, how they're approaching decentralization from the start, and why they chose a token sale instead of the airdrop model. They also explain why they believe most L2s have evolved into “parasitic” ecosystems, how Aztec plans to avoid those incentives, what the AZTEC token is meant to do, and what's changed in the broader privacy renaissance across crypto. Guests: Zac Williamson, Cofounder of Aztec Network Joe Andrews, Co-founder and President of Aztec Network Links: Unchained: Vitalik Unveils New Ethereum Privacy Toolkit 'Kohaku' ETH's HTTP Moment? How Ethereum Interop Layer Hopes to Fix L2 Fragmentation Zcash Developer Reveals Q4 Roadmap What's the Best Way for Ethereum to Grow? Justin Drake and Martin Köppelmann Debate Why the Privacy Coins Mania Is Much More Than Price Action CoinDesk: Privacy-Focused Aztec Network's Ignition Chain Lights Up Timestamps:
In this episode of Uneasy Money, hosts Kain Warwick, Luca Netz and Taylor Monohan explore how the recent ICO boom compares with the 2017 era. They share stories of some of the big names from the past, including Kain's struggles after raising 30,000 ETH at the cycle top. Plus Luca shares what it takes for founders to thrive in crypto. They also unpack the “FUD” surrounding Hyperliquid following the infamous Oct. 10 crypto crash. Moreover, they discussed what Multicoin's investment in Ethena revealed about Kyle Samani, and potential black swan risks facing the project. Hosts: Luca Netz, CEO of Pudgy Penguins Kain Warwick, Founder of Infinex and Synthetix Taylor Monahan, Security at MetaMask Links: Unchained: Monad ICO on Coinbase Fizzles 12 Hours After Launch Uneasy Money: ICOs Are Back and Why Airdrops Are Instantly Dumped The Chopping Block: Tokenomics Reset — ICOs Rise, UNI Turns On Fees, MEV Goes to Court Hyperliquid Founder Denies Claims That DEX Prioritizes Revenue Over Traders The Chopping Block: Inside the $19B+ Perp Crash, ADL Explained, Binance's USDe/Staked-Token Depeg, and the Hyperliquid Whale Debate Ethena Labs Expands to Support Two New Products Timestamps: