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Our teacher today is Chad Cascarilla, co founder and CEO of Paxos, the leading regulated blockchain infrastructure company that is reimagining a complete technological replatforming of our global financial markets. Paxos aims to democratize finance by enabling instant global asset movement, partnering with industry leaders like PayPal, Stripe, MasterCard, and others. For those confused by crypto speculation, Chad offers a grounded perspective on blockchain's potential to solve fundamental financial system problems—informed by his experience as an early Bitcoin adopter who started buying at just three cents. This conversation was a ton of fun for us, mainly because Chad is one of the most fascinating and compelling people we've had the privilege of knowing and learning from.He's a highly introspective, integrated, and ridiculously well read thinker and someone who just gets a lot of stuff done. He's a skeptic and a dreamer, a rigorous research analyst and a visionary builde, an aspiring mystic and an absolute animal. Please enjoy our conversation with Chad Cascarilla. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by EightSleep, the temperature-controlled mattress cover that heats or cools your mattress to transform your sleep. The Pod 4 Ultra is the new gold standard in intelligent sleep systems. It can be added to your current mattress like a fitted sheet and is been clinically proven to give you up to an hour more quality of sleep every night. The cooling capability can cool your side of the bed to 20 degrees below room temperature, all managed by the pod's autopilot feature, which adjusts the temperature throughout the night. Go to eightsleep.com/joys for $350 off. —-- Joys of Compounding is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Joys of Compounding, visit joincolossus.com/episodes. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Follow us on Twitter: @Buhrman_Rick | @PaulBuser | @JoinColossus Show Notes (00:00:00) Welcome to Joys of Compounding (00:05:32) Chad's Early Life and Career (00:09:50) The Journey to Notre Dame (00:19:45) The Path to Wall Street (00:27:16) Launching Cedar Hill (00:35:30) Navigating the Financial Crisis (00:46:35) Notable Companies and the Origin of Paxos (00:48:34) Creating Liberty City Ventures (00:54:55) Challenges in Financial Services (00:59:21) The Promise of Blockchain (01:10:59) Regulatory Landscape and Future Prospects (01:21:51) Advice for Consumers, Companies, and Investors
Crypto sub-ledgers have evolved from their early days when they would only be required to categorize onchain transactions and calculate the realized gain/loss under the appropriate cost basis method.To satisfy their existing customers and bring new players into the industry, sub-ledgers have to adapt to new requirements from local GAAP & IFRS, and regional regulatory requirements like MiCA in Europe or VARA in the UAE. Finding a sub-ledger that only provides crypto bookkeeping features is no longer sufficient. You need one that addresses regulatory & audit readiness. For over six years, Cryptio has powered the crypto back office of more than 400 organizations, including industry heavyweights like Circle, Uniswap, Consensys, Gemini, Paxos, 1inch, Transak, and even the government of El Salvador. On Episode 84, I spoke with Antoine Scalia, the CEO & Founder of Cryptio, to share how they're building their platform's 3rd generation to meet regulatory, audit & accounting requirements. ✅ OUR RESOURCES
Blue Alpine Cast - Kryptowährung, News und Analysen (Bitcoin, Ethereum und co)
Tether公司作为USDT美元稳定币的发行商,已成为全球金融体系中不可忽视的力量。2024年,Tether实现净利润137亿美元,超过贝莱德、阿里巴巴等金融和科技巨头,以仅150名员工创造了惊人的人均9300万美元利润。 因为能与美元实现一比一的兑换,USDT在许多隐秘的金融交易中扮演着关键角色:从杀猪盘、毒品交易到恐怖组织融资,从俄罗斯军火商到委内瑞拉国有石油公司,USDT被广泛应用于法律制裁无法触及的灰色地带。然而,对于通货膨胀率高达200%的委内瑞拉普通民众来说,USDT又成为保存财富、接收汇款的重要工具。 Tether的崛起之路同样充满争议:创始团队身份复杂、银行关系模糊,到资产储备真实性被质疑,再到被指控操纵比特币市场,Tether曾多次面临生存危机。自从进入加息周期之后,通过将用户存入的资金投资于美国国债和企业债券,Tether在零成本资金与国债收益之间实现了巨大的套利空间,甚至成为了排名前二十的美国国债持有人。 在剧烈波动的加密货币市场,胆大者往往能获得惊人的回报;而当一个体系足够庞大,它就能从“被监管”变为与监管者“互相制衡”。本期节目将起底这个亦正亦邪,一路从争议中成长起来的稳定币公司Tether。 【主播】 泓君Jane,硅谷101创始人,播客主理人 【嘉宾】 杨民道,dForce创始人 刘锋,BODL Ventures 合伙人,前链闻总编辑 【你将听到】 印钞暴富 03:39 “印钞机”模式:零成本资金换取高收益美债 07:25 发行量暴增:牛市需求与美债高收益的双重作用 09:56 反直觉市场转向:USDT的发行量在以太坊超过波场 12:34 备受争议但难以动摇:流动性的网络效应+先发垄断优势 政商关系 16:39 Cantor的911悲剧与卢特尼克崛起 20:00 华尔街背书:Cantor成为国债购买与托管核心 22:57 山洞里的秘密:卢特尼克之子曾清点Tether黄金储备 争议中成长 25:00 非主流团队颠覆精英叙事:整形医生、贸易商创立的全球最赚钱公司 30:43 核心成员:技术极客与高举高打 34:17 比特币操纵疑云:凭空发行USDT去买币 36:36 “94禁令”意外催生出全球最大的稳定币 38:17 银行断供风波:Noble银行暴雷,USDT脱锚大跌 41:38 套利大师:做市商如何在Tether危机中赚翻 壁垒与挑战 44:57 加密货币核心价值在“非许可”而非“去中心化” 48:38 司法部也难以撼动:持有大量美债形成互锁 52:48 从商票到国债:透明度提升但争议未消 57:05 金融新秩序:点对点结算如何挑战Visa和Mastercard 01:00:18 降息之后:美债收益下滑,被迫寻找新增长点 格局推演 01:03:41 传统金融机构布局稳定币,探索许可链 01:05:21 贴牌工厂:Paxos成为“稳定币富士康” 01:07:56 稳定币只是区块链金融的起点 01:10:41 螺旋式进化:丑闻和崩溃让币圈"走三步退两步" 01:12:22 AI大撒钱:12亿美元投资Northern Data,转型算力巨头 01:20:01 7.75亿入股Rumble,连接加密货币与右翼社区 彩蛋 01:24:58 特朗普的加密货币野心:虹吸全球流动性,再造链上纳斯达克 【文中提到相关信息】 文中提及的Tether公司的核心高管: 1. 詹卡洛·德瓦西尼(Giancarlo Devasini):Tether联合创始人之一,前整形外科医生,意大利都灵人,现任公司首席财务官(CFO)。他还参与了加密货币交易所Bitfinex的开发。 2. 帕奥罗·阿尔杜伊诺(Paolo Ardoino):自2017年起担任Tether的CTO,并在2023年12月被提升为首席执行官(CEO),同时继续担任CTO。Paolo Ardoino还在Bitfinex担任首席技术官,并且是Holepunch的首席战略官。 3. 克里斯托弗·哈伯恩(Christopher Harborne):又名查克里·萨昆克里特(Chakrit Sakunkrit),英国和泰国双重国籍商人,他通过关联公司与其他三位共同控制Tether超过80%的股权。 其他相关人物: 卢特尼克(Howard Lutnick):美国商人,曾任 Cantor Fitzgerald 和 BGC 集团的首席执行官,并在本届特朗普政府中被提名商务部长。 Brock Pierce(布洛克·皮尔斯):美国童星。2014年,他与Reeve Collins(前首席执行官)和Craig Sellars(前首席技术官)共同创立了Tether的前身RealCoin,并推动其成为首个与美元锚定的稳定币项目。皮尔斯是波多黎各Noble银行的实控人,该银行曾是Tether和Bitfinex的主要资金托管机构。RealCoin在2014年底更名为Tether后,其所有权被转让给加密货币交易所Bitfinex的母公司iFinex。 Steve Bannon(史蒂夫·班农) :美国极右翼政治人物、前白宫首席战略师,同时也是特朗普政府早期的核心幕僚。他以推动民族主义、反全球化政策及“美国优先”理念闻名。 加密货币相关术语: USDC:由Circle和Coinbase联合发行的美元抵押稳定币,以合规审计和透明度著称。 94禁令:2017年9月4日,中国人民银行等七部门联合发布《关于防范代币发行融资风险的公告》,正式定性ICO(Initial Coin Offering,即首次代币发行)本质上是未经批准非法公开融资行为,要求立即停止所有代币发行融资活动。 Ether(以太坊):以太坊是一个开源区块链平台,它的原生加密货币叫做Ether(ETH),用于支付智能合约执行和交易手续费。 Circle:USDC发行方,金融科技公司,由杰里米·阿莱尔(Jeremy Allaire)领导。 Cantor Fitzgerald :是一家美国知名的投资银行和金融服务公司,美国国债市场的主要经纪商之一。 索拉纳(Solana):一个高性能的区块链平台,以其快速、低成本的交易而闻名。USDC在Solana上作为原生代币发行,支持快速的交易和低费用。 Bitfinex:加密货币交易所,与Tether同属iFinex旗下,因资金混用问题备受争议。 iFinex:是Bitfinex注册于香港的母公司,负责运营Bitfinex交易所。 门头沟Mt.Gox:Mt.Gox曾是最大的比特币交易所之一,但在2014年因安全漏洞和管理不善而倒闭,导致大量用户资金损失。 FTX:一家曾经是全球领先的加密货币交易所,创始人是Sam Bankman-Fried,在2022年11月因财务危机和管理不善宣布破产,导致大量用户的资金损失,成为加密货币历史上最严重的交易所崩盘事件之一。 Coinbase:美国合规加密货币交易所及上市公司,支持多种资产交易与托管服务。 Northern Data:德国区块链基础设施公司,主营比特币挖矿与AI数据中心业务。 Rumble:一个去中心化的社交媒体平台,强调言论自由,成为部分区块链项目的推广平台。 本节目不构成任何投资建议,投资有风险,入市需谨慎。 【监制】 杜秀 【后期】 AMEI 【BGM】 The Deal - Ruiqi Zhao Horse Power Brass - Bonkers Beat Club The Big Truth - August Wilhelmsson 【在这里找到我们】 收听渠道:Apple Podcast|Spotify|YouTube|小宇宙 联系我们:podcast@sv101.net
Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company that specializes in blockchain infrastructure. Founded in 2012, Paxos aims to create a regulated platform for the movement of assets, integrating traditional financial systems with blockchain technology. Cascarilla has over 20 years of experience in financial services, previously co-founding Cedar Hill Capital Partners and its venture capital subsidiary, Liberty City VenturesPaxos has become a pioneer in the blockchain space, being the first regulated trust company for digital assets. The firm has developed several products, including: a regulated stablecoin anda digital asset backed by physical gold.
Gemeinsame Entscheidungen zu treffen, ist besonders schwer, wenn die beteiligten Akteur*innen sehr unterschiedliche Meinungen vertreten. Dieses Problem begegenet uns allerdings nicht nur in Politik und Gesellschaft, sondern auch in der Informatik. In der 36. Folge von Informatik für die moderne Hausfrau beschäftigen wir uns damit, wie innerhalb eines Netzwerks ein Konsens gefunden werden kann, zum Beispiel, wenn verschiedene Server einer Bank unterschiedliche Informationen über einen Kontostand haben. Um dieses Problem zu lösen, gibt es die sogenannten Konsensprotokolle. Das bekannteste davon, nämlich Paxos, schauen wir uns in dieser Folge genauer an. Der Artikel, in dem der Informatiker Leslie Lamport Paxos vorgestellt und basierend auf dem fiktiven politischen System, das (angeblich) auf der gleichnamigen Insel vorherrschte, erklärt hat, ist hier zu finden: https://dl.acm.org/doi/pdf/10.1145/279227.279229 Alle Informationen zum Podcast findet ihr auf der zugehörigen Webseite https://www.informatik-hausfrau.de . Zur Kontaktaufnahme schreibt mir gerne eine Mail an mail@informatik-hausfrau.de oder meldet euch über Social Media. Auf Instagram und Bluesky ist der Podcast unter dem Handle @informatikfrau (bzw. @informatikfrau.bsky.social) zu finden. Wenn euch dieser Podcast gefällt, abonniert ihn doch bitte und hinterlasst eine positive Bewertung oder eine kurze Rezension, um ihm zu mehr Sichtbarkeit zu verhelfen. Rezensionen könnt ihr zum Beispiel bei Apple Podcasts schreiben oder auf panoptikum.social. Falls ihr die Produktion des Podcasts finanziell unterstützen möchtet, habt ihr die Möglichkeit, dies über die Plattform Steady zu tun. Weitere Informationen dazu sind hier zu finden: https://steadyhq.com/de/informatikfrau Falls ihr mir auf anderem Wege etwas 'in den Hut werfen' möchtet, ist dies (auch ohne Registrierung) über die Plattform Ko-fi möglich: https://ko-fi.com/leaschoenberger Dieser Podcast wird gefördert durch das Kulturbüro der Stadt Dortmund. Informationen zum aktuellen Werbespot: Am 12.03.2025 erscheint das Buch "IT für Anfänger", herausgegeben von David Kaselow, in dem Expert*innen die Welt der IT erklären und anschaulich Grundlagen zu ganz unterschiedlichen Themen aus der Informatik vermitteln. Mitgeschrieben hat u.a. Cedric Mössner, der als "The Morpheus" auf YouTube schon eine ganze Weile Informatikthemen erklärt. Das E-Book ist bereits vorbestellbar, andere Formate können ab dem Erscheinungstag erworben werden und zwar hier: https://www.amazon.de/f%C3%BCr-Anf%C3%A4nger-praktisches-Cybersecurity-Programmieren-ebook/dp/B0DQBSWDG5/
The GeekNarrator memberships can be joined here: https://www.youtube.com/channel/UC_mGuY4g0mggeUGM6V1osdA/joinMembership will get you access to member only videos, exclusive notes and monthly 1:1 with me. Here you can see all the member only videos: https://www.youtube.com/playlist?list=UUMO_mGuY4g0mggeUGM6V1osdA------------------------------------------------------------------------------------------------------------------------------------------------------------------About this episode: ------------------------------------------------------------------------------------------------------------------------------------------------------------------In this conversation, Unmesh Joshi discusses the patterns of distributed systems. He emphasizes the importance of understanding the context in which patterns are applied, the need to read code to grasp their implementation, and the common pitfalls that developers face when applying patterns without a clear understanding of the underlying problems. Chapters00:00 Introduction to Distributed Systems and Patterns05:39 Understanding Patterns in Distributed Systems19:23 Bridging Theory and Practice in Distributed Systems28:56 The Role of Developers in Understanding Patterns31:58 Understanding Patterns in Software Development40:58 The Human Aspect of Software Design44:37 Iterative Development and Real-World Applications49:03 The Future of Patterns in Cloud-Native Systems55:07 Common Misunderstandings of Distributed PatternsInteresting quotes:"Patterns capture wisdom of generations.""Reading code is the best way to understand.""Patterns help you see beyond abstractions.""Understanding patterns helps bridge the gap.""Expert generalists can operate across verticals.""There are no simple systems in the cloud era.""Patterns can add complexity if misunderstood.""Patterns are always useful within a context.""Design and development are human activities.""The deconstruction of databases is happening.""Paxos is the most misunderstood pattern."Unmesh Joshi :https://in.linkedin.com/in/unmesh-joshi-9487635Catalog of Patterns: https://martinfowler.com/articles/patterns-of-distributed-systems/I hope you liked the episode, if you did please like, share and subscribe. ------------------------------------------------------------------------------------------------------------------------------------------------------------------Like building real stuff?------------------------------------------------------------------------------------------------------------------------------------------------------------------Try out CodeCrafters and build amazing real world systems like Redis, Kafka, Sqlite. Use the link below to signup and get 40% off on paid subscription.https://app.codecrafters.io/join?via=geeknarrator------------------------------------------------------------------------------------------------------------------------------------------------------------------Link to other playlists. LIKE, SHARE and SUBSCRIBE------------------------------------------------------------------------------------------------------------------------------------------------------------------If you like this episode, please hit the like button and share it with your network. Also please subscribe if you haven't yet.Database internals series: https://youtu.be/yV_Zp0Mi3xsPopular playlists:Realtime streaming systems: https://www.youtube.com/playlist?list=PLL7QpTxsA4se-mAKKoVOs3VcaP71X_LA-Software Engineering: https://www.youtube.com/playlist?list=PLL7QpTxsA4sf6By03bot5BhKoMgxDUU17Distributed systems and databases: https://www.youtube.com/playlist?list=PLL7QpTxsA4sfLDUnjBJXJGFhhz94jDd_dModern databases: https://www.youtube.com/playlist?list=PLL7QpTxsA4scSeZAsCUXijtnfW5ARlrsNStay Curios! Keep Learning!#distributedsystems #patterns #softwarearchitecture #consensus #algorithms #coding #patterns #softwaredevelopment #ThoughtWorks #softwareengineering #cloud #computing #software
Chad Cascarilla is the CEO & Co-Founder at Paxos, a regulated blockchain infrastructure provider and stablecoin issuer. Visit Paxos.com to learn more. Chad is also one of the earliest investors in bitcoin. In this conversation we talk about the early days of bitcoin, the rise of ethereum and other blockchains, the importance of stablecoins, tokenization, helping onboard enterprises, where we are going, and the mission of Paxis. ======================BitcoinIRA: Buy, sell, and swap 75+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go tohttps://bitcoinira.com/pomp/ to earn up to $500 in rewards.======================Xapo Bank, the world's first fully licensed Bitcoin-enabled bank, offers military-grade security with an unmatched blend of physical and digital security, as well as pioneering regulatory oversight, so your funds are always protected. Beyond secure storage, they enable you to grow and use your Bitcoin. Earn daily interest in Bitcoin, spend with zero FX fees using a global card, and make instant payments via the Lightning Network for unrivalled access and convenience. Visithttps://www.xapobank.com/pomp to join.======================Meanwhile is the world's first licensed and regulated life insurance company built for the Bitcoin economy. Protect your loved ones with sound money built to manage life's uncertainty and a broken financial system. Their BTC-denominated Whole Life Insurance policies allow HODLers to pass more BTC on to their loved ones and a tax-advantaged way to access BTC for liquidity during their lifetime. Visit their website athttps://meanwhile.bm/ to join the waitlist for a policy and to learn more.======================
In today's episode Charles Cascarilla from Paxos and Nathan McCauley from Anchorage reveal why today's stablecoin giants keep billions in yield that could be flowing to users. They unpack USDG's approach through the Global Dollar Network, exploring why major companies might choose collaboration over competition. The conversation spans Tether's surprising resilience, USDC's challenging relationship with crypto builders, and bold predictions for stablecoin regulation and adoption in 2025. Thanks for tuning in! - - Help us shape the future of Empire. Fill out our audience survey and give us your thoughts: https://empire-31ed59.beehiiv.com/forms/01a0ba12-61d0-4a12-a6c6-8bbcdb3b0060 Start your day with crypto news, analysis and data from Katherine Ross and David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts Follow Charles: https://www.linkedin.com/in/charlescascarilla Follow Nathan: https://x.com/nathanmccauley Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - GEODNET's native token, GEOD, can be easily mined with a GEODNET Satellite Miner, presenting a unique opportunity to generate passive income. By setting up a GEODNET base station, you can join this groundbreaking Web3 ecosystem that is powering the future of AI and robotics. Join the revolution today and learn more at https://geodnet.com. - - Unichain is a fast, decentralized L2 that's built to be the home for DeFi and liquidity across chains. To stay updated on news including the upcoming launch of Unichain, visit www.Unichain.org or follow @Unichain on X. - - Petra Earn was designed to make DeFi more accessible for everyone—from seasoned pros to DeFi beginners. Manage your balance, claim rewards and deposit directly from the app. By supplying USDT to Aries lending pools, users have the potential to earn a higher yield compared to some traditional methods. Not financial advice. Participating in Defi carries risks. To learn more visit petra.app/earn - - Get up to speed on the biggest stories in crypto each week. In five minutes. Get the Bitwise Weekly CIO Memo delivered directly to your inbox at bitwiseinvestments.com/ciomemo/empire . - - Timestamps (00:00) Introduction (02:28) Paxos & Anchorage Business Model (05:45) Stablecoin Landscape (14:38) USDC's Vampire Effect (24:53) Economics of USDG (39:03) Geodnet Ad (40:01) Uniswap Ad (40:48) Aptos Ad (41:31) Bitwise Ad (42:21) Dynamics of Consortium (49:35) Market Share of Stablecoins (55:36) Ethena's Business Model (59:13) Stablecoin Legislation Outloo (01:02:14) Bullish Predictions - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
The global stablecoin legislation discussion is increasing every day, but if you have a framework in Singapore, that's independent from the EU and the U.S., it defeats the whole purpose of having a stablecoin that's supposed to be frictionless and make global payments easier. In this engaging episode, Jason Somensatto, Head of North American Public Policy at Chainalysis, talks all things policy with Lesley Chavkin, Head of Global Public Policy at Paxos. They explore this evolving landscape of crypto policy and the intricacies of crypto regulation, the potential for stablecoins and the impact of policy-making on the future of digital assets. Lesley explains Paxos' global operations, including their strategic expansion in the EU and the implications of the Markets in Crypto-Assets (MiCA) framework, while sharing a behind the scenes look at their stablecoin partnership with PayPal's PYUS, and the essential need for a robust federal regulatory regime in the U.S. to reinforce the US dollar dominance globally. Minute-by-minute episode breakdown 2 | Lesley's career from the public sector with the CIA and Department of Justice 4 | Navigating crypto policy through global government and financial sectors 6 | Paxos: The “OGs” of blockchain infrastructure for enterprises 8 | Understanding the digital asset stakeholders that have an impact on policy 11 | The difference between a trust structure and a traditional bank 13 | Navigating the challenges of EU's MiCA stablecoin regulations 16 | The role of stablecoins in payments and US dollar dominance 22 | Terra Luna: Understanding why all stablecoins aren't created equally 26 | Explaining away concerns to regulators about financial crime in digital assets 33 | The need for a stablecoin federal regulatory program in the USA 39 | The future of stablecoin regulation and global financial innovation 41 | How governments could benefit by using stablecoins Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: PAXOS: Blockchain infrastructure for enterprises Blog: Stablecoin Policy 101: Dispelling 7 Common Misconceptions About Stablecoins Blog: Stablecoin Policy 101: State vs. Federal Regulation of Stablecoin Issuers Blog: Global Dollar Network and USDG: Reshaping the Future of Stablecoins Blog: 2025 Crypto Crime Report Preview: $2.2 Billion Stolen from Crypto Platforms in 2024, but Hacked Volumes Stagnate Toward Year-End as DPRK Slows Activity Post-July Chainalysis In Action: Operation Spincaster lands in Delta: Local police equipped to trace and freeze millions from scam wallet YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Speakers on today's episode Jason Somensatto *HOST* (Head of North America Public Policy, Chainalysis) Lesley Chavkin (Global Head of Public Policy, Paxos) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.
Tarun Gupta is the Founder at Coinshift. In this episode, we review a new yield-bearing stablecoin called csUSDL, designed to be the ultimate treasury reserve asset. With hundreds of billions sitting idle in stablecoins, Coinshift hopes to provide DAOs, onchain liquid funds, and even retail DeFi users with permissionless access to a more scalable yield-bearing stablecoin backed by RWAs. This is a great episode to also understand why builders work with Morpho, and why they see such a huge opportunity to meet the demand for yield-bearing stablecoins onchain. ------
How yield bearing stable coins may democratize the risk free rate in the same way that stable coins democratised access to the US Dollar? With Charles Cascarilla, CEO of Paxos. Powered by Phoenix Group
All links and images for this episode can be found on CISO Series. Check out this post for the discussion that is the basis of our conversation on this week's episode co-hosted by me, David Spark (@dspark), the producer of CISO Series, and Dan Walsh, CISO, Paxos. Joining us is Sharon Milz, CISO, Time. In this episode: A vicious cycle Not all training is created equal Don't forget the human factor We can still define success Thanks to our podcast sponsor, Intezer Intezer's AI-driven solution automates alert triage and investigations, cutting through the noise to highlight serious threats. By integrating with your security tools, it escalates only 4% of alerts for fast remediation, helping SOC teams focus on what matters. Learn more at intezer.com today!
Charles Cascarilla, CEO of Paxos, joined me to discuss the growing Stablecoin market, PayPal's PYUSD, and the new Global Dollar Network.Topics: - The Stablecoin market's growth - How Paxos helped PayPal to launch PYUSD - The new Global Dollar Network (USDG) backed by Robinhood, Kraken, Paxos, Nuvei, Achorage Digital, and Bullish - Incoming pro crypto president and congress- Stablecoin legislation and what the regulators are requiring of stablecoin issuers - How Stablecoin issuers generate revenue Show Sponsor -
Vorige week een all time high in Euro, deze week in de Dollar. In de verkiezingsnacht ging het los: bitcoin knalde door de $75.000 dollar heen. In deze aflevering gaan we het natuurlijk over de verkiezingen hebben. Wat was bijvoorbeeld de rol van Polymarkets? Daarnaast sommen we de beloftes van Trump op. Welke beloftes kan hij nakomen? Daarna rollen we de marktupdate in. Bitcoin op $75.000 is leuk, maar heeft het écht betekenis? Veel luisterplezier.Probeer Bitcoin Alpha 2 weken gratis!Satoshi Radio wordt mede mogelijk gemaakt door: Amdax, Watson Law, HVK Stevens en onze hoofdsponsor Bitvavo.Timestamps(00:00:00) Welkom en Podcast Introductie(00:05:00) Podcast awards en de bull markt(00:17:00) De rol van Polymarket in de Amerikaans verkiezingen(00:36:40) Trump over Advisory Council(00:49:00) Operation Chokepoint 2.0(00:52:00) Fire Gensler on Day 1(00:58:00) De National Bitcoin Stockpile(01:03:20) Beschermen van Self custody(01:05:20) VS als crypto hoofdstad van de wereld(01:06:45) Trump over Bitcoin mining(01:12:22) Free Ross Day 1(01:17:30) Er komt geen CBDC(01:21:00) Marktupdate: ATH van Bitcoin(00:00:00) EindeBookmarksBert:Robinhood, Kraken, Paxos and Other Crypto Firms Launch Global Dollar (USDG) On EthereumThe Banana Zone arriveth!Bart:Brian Armstrong over de uitslagWhat Polymarket got rightStrike auto withdrawals: ultieme DCA tool?Mempool sniping protection op Magic EdenArgentina's Central Bank is Mining Bitcoin!
Crypto News: New Global Dollar Stablecoin backed by Robinhood, Kraken, Paxos and Other Crypto firms. State of Michigan Files 13F Discloses New Ethereum ETF Holdings. Europe's largest telecom provider, Deutsche Telekom, to test Bitcoin mining for surplus energy.Show Sponsor - ⭐️ Learn about BitGo, one of the top crypto custodians - https://www.bitgo.com/
05th Nov: Blockchain DXB Podcast
Today's blockchain and cryptocurrency news Bitcoin is down slightly at $65,419 Eth is down half a percent at $2,584 Binance Coin, down slightly at $587 World Liberty Financial adds Paxos co-founder Rich Teo ahead of token sale Learn more about your ad choices. Visit megaphone.fm/adchoices
Do you remember the 2008 crisis? It left a mark on many of us, fueling a distrust of bankers and politicians, and leading us to crypto as an alternative to the broken system. Today's guest, Austin Campbell, a professor and former Chief Risk Officer at Paxos, explains how crypto, especially stablecoins, can protect everyday Americans from the risks of traditional banks. He's here to show why the middle class should care about the future of finance. ------
Crypto News: Paypal, Venmo integrate Ethereum Name Service for crypto payments. Velo adds BlackRock's BUIDL to USDV. Paxos set to expand to Arbitrum, an Ethereum Layer 2 network. Show sponsor - ⭐️ Learn about BitGo, one of the top crypto custodians - https://www.bitgo.com/
This week on Tales From A Luxury Yacht Chef with Lisa Mead, I'm talking with Chef Andrew Hindley. I truly think he is living the dream, based on the island of Paxos in the Greek Islands...Join me as I find out how he ended up in this ideal location. Instagram: supperonpaxos
Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: SRE's review of Democracy, published by Martin Sustrik on August 4, 2024 on LessWrong. Day One We've been handed this old legacy system called "Democracy". It's an emergency. The old maintainers are saying it has been misbehaving lately but they have no idea how to fix it. We've had a meeting with them to find out as much as possible about the system, but it turns out that all the original team members left the company long time ago. The current team doesn't have much understanding of the system beyond some basic operational knowledge. We've conducted a cursory code review, focusing not so much on business logic but rather on the stuff that could possibly help us to tame it: Monitoring, reliability characteristics, feedback loops, automation already in place. Our first impression: Oh, God, is this thing complex! Second impression: The system is vaguely modular. Each module is strongly coupled with every other module though. It's an organically grown legacy system at its worst. That being said, we've found a clue as to why the system may have worked fine for so long. There's a redundancy system called "Separation of Powers". It reminds me of the Tandem computers back from the 70s. Day Two We were wrong. "Separation of Powers" is not a system for redundancy. Each part of the system ("branch") has different business logic. However, each also acts as a watchdog process for the other branches. When it detects misbehavior it tries to apply corrective measures using its own business logic. Gasp! Things are not looking good. We're still searching for monitoring. Day Three Hooray! We've found the monitoring! It turns out that "Election" is conducted once every four years. Each component reports its health (1 bit) to the central location. The data flow is so low that we have overlooked it until now. We are considering shortening the reporting period, but the subsystem is so deeply coupled with other subsystems that doing so could easily lead to a cascading failure. In other news, there seems to be some redundancy after all. We've found a full-blown backup control system ("Shadow Cabinet") that is inactive at the moment, but might be able to take over in case of a major failure. We're investigating further. Day Four Today, we've found yet another monitoring system called "FreePress." As the name suggests it was open-sourced some time ago, but the corporate version have evolved quite a bit since then, so the documentation isn't very helpful. The bad news is that it's badly intertwined with the production system. The metrics look more or less okay as long as everything is working smoothly. However, it's unclear what will happen if things go south. It may distort the metrics or even fail entirely, leaving us with no data whatsoever at the moment of crisis. By the way, the "Election" process may not be a monitoring system after all. I suspect it might actually be a feedback loop that triggers corrective measures in case of problems. Day Five The most important metric seems to be this big graph labeled "GDP". As far as we understand, it's supposed to indicate the overall health of the system. However, drilling into the code suggests that it's actually a throughput metric. If throughput goes down there's certainly a problem, but it's not clear why increasing throughput should be considered the primary health factor... More news on the "Election" subsystem: We've found a floppy disk with the design doc, and it turns out that it's not a feedback loop after all. It's a distributed consensus algorithm (think Paxos)! The historical context is that they've used to run several control systems in parallel (for redundancy reasons maybe?) which resulted in numerous race conditions and outages. "Election" was put in place to ensure that only one control system acts as a master at any given time...
Dorothy Chang is an early stage tech investor for Next Wave NYC and Co-Founder of Lynx Collective, a community to bring together tech founders in NYC. Previously, Dorothy served as the President of Kode with Klossy, where she led the organization's mission to create learning experiences to help young women pursue their passions in technology. Dorothy has 20+ year career working in technology in the NYC area, including leading marketing and communications at leading tech companies such as web3 platform Paxos and local search pioneer Foursquare. --------------- The Asian Tech Leaders podcast is proudly supported by Vultr, an advanced cloud platform that is revolutionizing how developers build and deploy applications. Their cloud infrastructure, featuring globally available cloud compute, offers unparalleled performance without the vendor lock-in or outrageous egress charges. See what all the buzz is about when you visit GetVultr.com/ATL and use code ATL250 for $250 in cloud credit.
Sam Callahan, Alex Stanczyk, Tomer Strolight, Joe Carlasare, Zack Sharpio, and many others join us to talk about the tragic news over the weekend with the assassination attempt of former President Trump. We talk about how the markets have reacted, thoughts on Trump attending the Bitcoin conference next week, and other bitcoin news. Use code “CAFE” for a discount to https://www.pacificbitcoin.com "Welcome to Bitcoin" A FREE 1-hour course hosted by Natalie Brunell, perfect for helping you to orange-pill family members over the holidays at https://Swan.com/welcome Swan Team Members:Sam Callahan: https://twitter.com/samcallahTomer Strolight: https://twitter.com/TomerStrolightJohn Haar Twitter: https://twitter.com/john_at_swanDante Cook: https://twitter.com/Dante_Cook1Produced by: https://twitter.com/Producer_Jacob Swan Bitcoin is the best way to accumulate Bitcoin with automatic recurring buys and instant buys from $10 to $10 million. Get started in just 5 minutes. Your first $10 purchase is on us: https://swanbitcoin.com/yt Download the all new Swan app! iOS: https://apps.apple.com/us/app/swan-bitcoin/id1576287352 Android: https://play.google.com/store/apps/details?id=com.swanbitcoin.android&pli=1 Are you a high net worth individual or do you represent corporation that might be interested in learning more about Bitcoin? Swan Private guides corporations and high net worth individuals toward building generational wealth with Bitcoin. Find out more at https://swan.com/private Get paid to recruit new Bitcoiners: https://swan.com/enlist Connect with Swan on social media: Twitter: https://twitter.com/Swan
Today's blockchain and cryptocurrency news Bitcoin is up slightly at $57,204 Eth is down slightly at $3,070 Binance Coin, is up slightly at $523 Germany continues Bitcoin sales SEC will not pursue Paxos over BUSD Coinbase launches new web app Judge rejects Coinbase's request to peer into Gensler's emails. Celer network stops DNS Partior raises $60M in Series B Learn more about your ad choices. Visit megaphone.fm/adchoices
Matt and Nic are back for another week of news and deals. In this episode: Germany is still selling Bitcoin ETHcc chaos in Brussels Trump is speaking at Bitcoin Nashville The SAB121 overturn veto override did not pass The Republican party includes crypto in their official platform Polychain Eclipse drama Uniswap versus the SEC over their exchange act The SEC drops its investigation into Paxos Ro Khanna's crypto summit Euros and Copa America developments Sponsor notes: State of the Network's Q2 2024 Wrap-Up In Coin Metrics State of the Network Issue 267, we take a data-driven look at the most important events that impacted the digital assets industry in Q2 2024.
It's a legal-heavy episode today, but first, Bitcoin has rejected the $60,000 price level once again, pushing the Crypto Fear & Greed Index into “extreme fear” for the first time since January 2023. Nevertheless, with 90% odds of a September interest rate cut by the US Federal Reserve and stocks and gold reacting accordingly, it could be just a matter of time until BTC is back on the ascent. On the legal side of crypto, a US Supreme Court ruling could be a “game changer” for crypto, the SEC has dropped its action against Paxos and the Binance USD token, and Coinbase demands to see Gary Gensler's private messages.Further reading:Bitcoin index falls to ‘extreme fear' as BTC fails twice to breach $60KGerman gov't Bitcoin wallet drops to 5,800 BTC after major saleBitcoin price struggles as investors expect Fed interest rate cuts — Why?Bitcoin price will hit $330K this bull cycle — AnalystSupreme Court ruling ‘changes the game' for US crypto firmsSEC will not pursue enforcement action against PaxosJudge has ‘strong views' about Coinbase inquiry into Gensler's private msgsSo, grab yourself a coffee, and let's get into it!Rise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.
03rd July: Crypto & Coffee at 8
Matt and Nic are back for another week of news and deals. In this episode: Kerrisdale versus Bitcoin miners Robinhood buys Bitstamp for $200m Biden vetoes the SAB121 overturn bill Is the Biden admin's pro crypto tilt over? Tucker interviews Bukele Coinbase donates to Fairshake SEC takes more Ls Big inflows into the bitcoin ETFs Are ETF inflows more about the basis trade? Paxos launches the interest-bearing stablecoin USDL out of the UAE Can Bitcoin miners sell into the AI cloud market? Kraken is in talks to raise a pre-IPO round State Street is reentering crypto MiCA and stablecoins Matt's latest crisis The barbell approach to AI investing Sponsor notes: Breaking Down Ethereum Blobs & EIP-4844 In Coin Metrics' State of the Network issue 262, we break down Layer-2 blob usage and evaluate the success of Ethereum's EIP-4844 upgrade.
Blue Alpine Cast - Kryptowährung, News und Analysen (Bitcoin, Ethereum und co)
This interview was recorded for the GOTO Book Club.http://gotopia.tech/bookclubRead the full transcription of the interview hereUnmesh Joshi - Principal Consultant at Thoughtworks & Author of "Patterns of Distributed Systems"James Lewis - Principal Consultant & Technical Director at ThoughtworksRESOURCESUnmeshhttps://twitter.com/unmeshjoshihttps://www.linkedin.com/in/unmesh-joshi-9487635https://www.thoughtworks.com/profiles/u/unmesh-joshiJameshttps://twitter.com/boicyhttps://linkedin.com/in/james-lewis-microserviceshttps://github.com/boicyhttps://www.bovon.orghttps://www.thoughtworks.com/profiles/j/james-lewisDESCRIPTIONA Patterns Approach to Designing Distributed Systems and Solving Common Implementation ProblemsMore and more enterprises today are dependent on cloud services from providers like AWS, Microsoft Azure, and GCP. They also use products, such as Kafka and Kubernetes, or databases, such as YugabyteDB, Cassandra, MongoDB, and Neo4j, that are distributed by nature. Because these distributed systems are inherently stateful systems, enterprise architects and developers need to be prepared for all the things that can and will go wrong when data is stored on multiple servers--from process crashes to network delays and unsynchronized clocks."Patterns of Distributed Systems" describes a set of patterns that have been observed in mainstream open-source distributed systems. Studying the common problems and the solutions that are embodied by the patterns in this guide will give you a better understanding of how these systems work, as well as a solid foundation in distributed system design principles.* Book description: © O'ReillyRECOMMENDED BOOKSUnmesh Joshi • Patterns of Distributed SystemsDarnell, Harrison & Seldess • CockroachDB: The Definitive GuideGuy Harrison • Next Generation DatabasesBurns, Beda & Hightower • Kubernetes: Up & RunningJez Humble & Dave Farley • Continuous DeliveryTwitterInstagramLinkedInFacebookLooking for a unique learning experience?Attend the next GOTO conference near you! Get your ticket: gotopia.techSUBSCRIBE TO OUR YOUTUBE CHANNEL - new videos posted daily!
02nd May: Crypto & Coffee at 8
Easy Greek Stories #29 - Το Καμάκι: Η τέχνη του φλερτ πριν το Internet | To kamaki; the art of flirting before the internet. In this episode, Eva will read you a story about Vassilis, who lives on Paxos island, and was a kamaki in his younger years...and what this means exactly? https://masaresi.com/product/easy-greek-podcast-notebook-29/ Listen to a short Greek story, written and narrated by native Greek teachers at the Omilo School. Improve your listening skills, and learn extra new vocabulary. Every month a new story, taking place in Greece and at an Intermediate language level in Greek. text, video, and podcast link at https://masaresi.com/product/easy-greek-podcast-notebook-29/ +++++++++++++++ The story is read first at a slow pace, followed by the same story at a normal speaking pace. The podcast recordings are available on SoundCloud, Spotify, Google Podcast, Apple Podcast. If you want to learn more, then purchase your notebook(s) that accompanies the Intermediate Podcast Stories. It is available https://masaresi.com/product-category/greek-podcast-notebooks/. That way you can also practice your language skills with the Greek transcription, English translation, vocabulary list, extra exercises to improve your Greek, video link + subtitles. With the notebook, you also receive the audio as an MP3 file, which you can download to your computer, and you can listen to offline. We hope that you will discover new and interesting things about Greece while enjoying listening to those short stories. Produced by Omilo Greek Language and Culture; www.omilo.com +++++++++++++++++++++++++++++++++++++++++++++ Podcast story script + Notebook content & design ; Maya Andreadi. Podcast audio and Video montage, Notebook proofreading and grammar; Myrto Yfanti Podcast narrator; Eva Christodoulou ++++++++++++++++++++++++++++++++++++++++++++++ (Note: this podcast is not a Greek course and the episodes don't follow a step-by-step grammar or difficulty sequence.) Of course, always welcome to learn Greek with Omilo, in Greece!https://omilo.com/greek-language-courses/
#tokenization #digitalassets #securitytoken Tune in to this episode of the Security Token Show where this week Herwig Konings, Kyle Sonlin, & Nico Pantelis cover the industry leading headlines and market movements, including trending RWAs: Liquidity Funds, Diamonds, Gold, Silver and More! This week Jason Barraza had a chance to sit down with Leo Mizuhara, CEO at Hashnote on how they're increasing collateral efficiency for PayPal USD (PYUSD)! Company of the Week - Herwig: USP: https://usp.io/ Company of the Week - Kyle: ValueMax: https://www.valuemax.com.sg/ = Stay in touch via our Social Media = Kyle: https://www.linkedin.com/in/kylesonlin/ Herwig: https://www.linkedin.com/in/herwigkonings/ Nico: https://www.linkedin.com/in/nicopantelis/ Jason: https://www.linkedin.com/in/jasonbarraza/ Opinion articles, interviews, and more: https://medium.com/security-token-group Find the video edition of this episode on our Youtube Channel: https://www.youtube.com/c/securitytokenmarket All articles that were discussed were sourced from https://STOmarket.com/news The Market Movements Herwig Clarifies Treasury Market Position DigiFT Issues International Treasury Bill Token: https://www.theblock.co/post/284382/singapore-digift-tbill-rwa Tokenized Treasuries and Money Market Funds Reach $1B: https://www.coindesk.com/markets/2024/03/28/over-1b-in-us-treasury-notes-has-been-tokenized-on-public-blockchains/ Lending Protocol TrueFi Launches TRI Token for Capital Efficiency: https://cointelegraph.com/news/truefi-introduces-dollar-based-tri-token-real-world-asset-trading Ondo to Offer Instant Settlement & Redemptions and Reallocates Into BUIDL: https://blog.ondo.finance/introducing-instant-24-7-365-subscriptions-and-redemptions-shifting-ousg-funds-into-blackrocks-buidl/ FalconX to Allow BUIDL Posted as Collateral: https://www.falconx.io/newsroom/falconx-accepts-blackrocks-tokenized-fund-as-trading-collateral-enhancing-buidls-utility $725B AUM Bernstein says BUIDL Brings Legitimacy: https://www.theblock.co/post/284735/blackrock-tokenized-fund-legitimacy Diamond Standard Fund is Now Live on Oasis Pro Markets: https://www.coindesk.com/business/2024/03/27/diamonds-arrive-on-a-blockchain-with-new-tokenized-fund-on-avalanche-network/ HSBC Gold Token Available to Retail via HSBC HK Mobile App: https://www.coindesk.com/policy/2024/03/27/hsbcs-gold-token-goes-live-for-retail-investors-in-hong-kong/?utm_content=editorial&utm_medium=social&utm_term=organic&utm_source=linkedin BlockApps Announces Silver Token: https://www.accesswire.com/847727/blockapps-unveils-worlds-first-carbon-neutral-silver-token United States Property Coin (USP) Launches RegCF on Republic: https://republic.com/uspc ValueMax Raises $53M on SDAX and ADDX: https://www.theedgesingapore.com/news/equity-raising/valuemax-raises-5377-mil-digital-securities-issuances Oxbridge Re Relaunches Cat Re Offering and RWA Asset Tokenization: https://www.insurancebusinessmag.com/us/news/reinsurance/oxbridge-re-launches-tokenized-rwas-for-participation-shares-483129.aspx The Token Debrief Americas: 1.STM.co Charts: https://stomarket.com/charts Hashnote, Paxos, & PayPal: https://www.businesswire.com/news/home/20240326445686/en/Hashnote-Elevates-Collateral-Efficiency-for-PayPal-USD-With-Paxos Arculus & Provenance: https://provenance.io/newsroom/posts/Arculus-Integration/ Acura Capital and Patex: https://arc.net/l/quote/kxypqoqj EUROPE: Midas: https://www.axios.com/pro/fintech-deals/2024/03/28/tokenization-midas-8-million Hague: https://www.ledgerinsights.com/hague-hcch-tokenization-international-legal-body-digital-assets/ UK Call for Tokenization: https://www.coindesk.com/policy/2024/03/26/uk-govt-backed-report-urges-firms-to-execute-tokenization-strategies/ APAC: BCG: https://www.ledgerinsights.com/bcg-gdp-e-hkd-cbdc-tokenized-deposits-could-add-hk160bn-hong-kong/ IX Swap and Penomo: https://www.ixswap.io/news/ix-swap-and-penomo-join-forces = Check out our Companies = Security Token Group: http://securitytokengroup.com/ Security Token Advisors: http://www.securitytokenadvisors.com/ Security Token Market: https://stm.co InvestReady: https://www.investready.com ⏰ TABLE OF CONTENTS ⏰ 0:16 Introduction 0:49 The Market Movements 22:37 STS Interviews: Hashnote 30:30 The Token Debrief 34:44 Companies of The Week: USP, ValueMax
Our guest today is Dorothy Chang who has had an incredible career from venture capital, leading a successful nonprofit working with celebrities and billionaires to being an entrepreneur. She shares cool career stories and her take on being an entrepreneur, and lessons throughout her journey. Co-Founder, Lynx Collective - Supporting startup founders, helping them make their dreams come true: https://www.lynxcollective.com Read their substack: https://lynxcollective.substack.com Previously, as the President of Kode With Klossy, she worked with the org to empower young women to break into the tech industry. Learn more about Kode with Klossy: https://www.kodewithklossy.com Dorothy spent her career working in technology. Leading marketing and communications for category-leading technology startups and enterprises like Foursquare, Paxos, Brew Media. In 2012, she was the first woman to startup a VC fund (Liberty City Ventures) investing in the crypto/blockchain space. I continue to angel invest and advise tech companies - especially where I can be supportive of emerging technologies (Web3, metaverse, etc), female founders and social impact. Check out our new website: startupmindsets.com Listen on the go on Spotify: https://open.spotify.com/show/4E1xPCJRiI6AS2RwYhcbSg?si=6e2180728da94ea4
“The room where it happens …No one really knows how the game is playedThe art of the tradeHow the sausage gets madeWe just assume that it happens But no one else is in the room where it happens …When you got skin in the game, you stay in the gameBut you don't get a win unless you play in the game.”Welcome back to the Alt Goes Mainstream podcast. These excerpts were in a song by Leslie Odom Jr. and Lin-Manuel Miranda from Hamilton. But they could also be applied to the conversation Laurence Tosi of WestCap and I had today.Today's show is with someone who has been in the room where it happens. Stories and perspectives shared today were from someone who has helped turn bills into laws in private markets.Laurence Tosi has been part of building foundational technology businesses and companies in capital markets and private markets – from investing in and building Ipreo, iLevel, TMC Bonds, and Tradeweb as an executive at Merrill Lynch where he served as COO of Global Investment Banking and Trading, building Blackstone from 2008-2015 as the CFO, Management & Risk Committee Member, Head of the Tech Innovations Fund, and Blackstone Treasury Solutions Fund, and building and scaling Airbnb as CFO and Head of Payments, Customer Experience, and Corporate Development.At Merrill Lynch and Blackstone, L.T. deployed $500M of capital, returning over $1.6B without taking a loss.He's now building WestCap, a $7.6B growth investing firm that L.T. characterizes as an “operating equity firm” that helps founders and companies scale their businesses at the inflection point in between traditional venture capital and private equity. L.T. and WestCap have leveraged their collective operating knowledge to invest in a number of industry leaders, including two industry defining companies in private markets, iCapital and Addepar. They've also invested in the likes of SIMON, which was acquired by iCapital, GoodLeap, Sharegain, Klarna, Paxos, AccessFintech, Treasury4, Hopper, Avenue One, StubHub, and more.L.T. and I had a fascinating conversation that took us to a number of places. We discussed:Stories from building Blackstone.The deeper meaning behind Blackstone CEO Stephen Schwarzman's comment “scale is our niche” and how “scale begets skill.”Insights L.T. and the Blackstone team had around working with the wealth channel that enabled them to transform how Blackstone and the industry worked with private wealth.Why the realization that at Blackstone, they weren't selling to the end investor but that they were selling to the financial advisor was such a critical insight as they worked with the wealth channel.What it means to transform Blackstone from a firm into a business.Parallels and patterns L.T. took from building and investing in foundation market infrastructure businesses at Merrill Lynch and Blackstone to how they are investing in private markets at WestCap.L.T.'s learnings from a focus on customer experience and simplifying the product at Airbnb.What's the unlock for alternatives that harmonizes the industry?Why consortium is a “bad word” but why standardization will be so critical to the next phase of private markets.Why private equity firms have the best business models in finance.The difference between being in the business of building their business between being in the business of building your business and what L.T. is trying to accomplish at WestCap.Why L.T. believes in the partnership model for alternative asset managers and why he believes that's an enduring model.L.T., thanks so much for coming on the Alt Goes Mainstream podcast to share your wisdom, experience, and deep industry knowledge from being a pioneer in private markets.
Austin Campbell, Managing Partner at Zero Knowledge Consulting, discusses the outdated infrastructure of finance and how blockchain is positioned to solve many of the current challenges. He also tackles the complex issues regulators face, and cultural hesitancy towards harnessing the full potential of innovations like blockchain. Key takeaways: The power of self custody, and how emerging technologies can help avoid events like the 2008 financial crisis The anticipated collaborations between AI and crypto, and why blockchain is poised to combat AI-generated spam Emerging crypto regulations, especially within Asia Crypto anonymity myths and what needs to be changed Guest Bio: Austin Campbell is the founder of Zero Knowledge Consulting and a professor at Columbia Business School. Previously, he ran the stablecoin platform and portfolio management at Paxos, and acted as their chief risk officer. He has also managed fixed income trading desks at JP Morgan and Citi, covering over $100B in cash derivatives. ---------------------------------------------------------------------------------------- About this Show: The Brave Technologist is here to shed light on the opportunities and challenges of emerging tech. To make it digestible, less scary, and more approachable for all! Join us as we embark on a mission to demystify artificial intelligence, challenge the status quo, and empower everyday people to embrace the digital revolution. Whether you're a tech enthusiast, a curious mind, or an industry professional, this podcast invites you to join the conversation and explore the future of AI together. The Brave Technologist Podcast is hosted by Luke Mulks, VP Business Operations at Brave Software—makers of the privacy-respecting Brave browser and Search engine, and now powering AI everywhere with the Brave Search API. Music by: Ari Dvorin Produced by: Sam Laliberte
Drop 1: Chainlink+Circle cross chain transfer https://www.coindesk.com/tech/2024/01/16/chainlink-teams-up-with-circle-to-allow-cross-chain-stablecoin-transfers/Drop 2: JPMorgan Is Exploring Blockchain-Based Deposit Token for Payments, Settlementshttps://www.bnnbloomberg.ca/jpmorgan-is-exploring-blockchain-based-deposit-token-for-payments-settlements-1.1968571Drop 3: Lumx launches testnet appchain on Polkadot via Tanssihttps://br.cointelegraph.com/news/lumx-launches-own-blockchain-on-polkadots-ecosystem-through-a-partnetship-with-tanssi .. More: CoinMENA and Onramp Bitcoin Forge Strategic Partnership for Custodial Solutions in MENAhttps://www.unlock-bc.com/115956/coinmena-onramp-bitcoin-partnership-education-custody/OKX recevies conditional approval by VARA in Dubaihttps://coinmarketcap.com/community/articles/65a65aa42570413b6ea756c0/Brazilian stock exchange B3 responds to client demand and will be open at night for Bitcoin trading https://br.cointelegraph.com/news/historic-moment-b3-will-open-at-night-to-trade-bitcoinbuild5 adds nmkr's Cardano NFTs to their enterprise platformhttps://build5.com/blog/nmkr_collab/EU Council updates crypto AML regulation proposal targeting self-custody, NFTs and DAOs not coveredhttps://www.ledgerinsights.com/eu-council-agreement-on-crypto-aml/Staking Platform Kiln Raises $17M for Global Expansionhttps://www.coindesk.com/business/2024/01/18/ethereum-staking-platform-kiln-raises-17m-for-global-expansion/Paxos USDP now live on Solanahttps://twitter.com/Paxos/status/1748000807662837857Solana announces 2nd crypto smartphonehttps://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/ . Redes sociais / comunicação.. Instagram.com/blockdropspodcast.. Twitter.com/blockdropspod.. Blockdrops.lens .. Meu conteúdo em inglês twitter.com/0xmauricio.. Newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272.. blockdropspodcast@gmail.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message
Drop 1: Chainlink+Circle cross chain transfer https://www.coindesk.com/tech/2024/01/16/chainlink-teams-up-with-circle-to-allow-cross-chain-stablecoin-transfers/ Drop 2: JPMorgan Is Exploring Blockchain-Based Deposit Token for Payments, Settlements https://www.bnnbloomberg.ca/jpmorgan-is-exploring-blockchain-based-deposit-token-for-payments-settlements-1.1968571 Drop 3: Lumx launches testnet appchain on Polkadot via Tanssi https://br.cointelegraph.com/news/lumx-launches-own-blockchain-on-polkadots-ecosystem-through-a-partnetship-with-tanssi .. More: CoinMENA and Onramp Bitcoin Forge Strategic Partnership for Custodial Solutions in MENA https://www.unlock-bc.com/115956/coinmena-onramp-bitcoin-partnership-education-custody/ OKX recevies conditional approval by VARA in Dubai https://coinmarketcap.com/community/articles/65a65aa42570413b6ea756c0/ Brazilian stock exchange B3 responds to client demand and will be open at night for Bitcoin trading https://br.cointelegraph.com/news/historic-moment-b3-will-open-at-night-to-trade-bitcoin build5 adds nmkr's Cardano NFTs to their enterprise platform https://build5.com/blog/nmkr_collab/ EU Council updates crypto AML regulation proposal targeting self-custody, NFTs and DAOs not covered https://www.ledgerinsights.com/eu-council-agreement-on-crypto-aml/ Staking Platform Kiln Raises $17M for Global Expansion https://www.coindesk.com/business/2024/01/18/ethereum-staking-platform-kiln-raises-17m-for-global-expansion/ Paxos USDP now live on Solana https://twitter.com/Paxos/status/1748000807662837857 Solana announces 2nd crypto smartphone https://www.coindesk.com/business/2024/01/16/solana-mobile-to-sell-second-crypto-smartphone-source/ . Redes sociais / comunicação .. Instagram.com/blockdropspodcast .. Twitter.com/blockdropspod .. Blockdrops.lens .. Meu conteúdo em inglês twitter.com/0xmauricio .. Newsletter do linkedin https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7056680685142454272 .. blockdropspodcast@gmail.com --- Send in a voice message: https://podcasters.spotify.com/pod/show/blockdropspodcast/message
Today's blockchain and cryptocurrency news Bitcoin is up .5% at $43,775 Eth is up slightly at $2,297 Solana is now in the top three, up 1% at $96 Bulgaria ends investigation into Nexo SEC admits to inaccurate statements in lawsuit against startup BarnBridge DAO faces fines from SEC. Paxos gets NYDFS approval for Solana support. Akron Energy secures $110M in funding. Get 15% off OneSkin with the code DCR at https://www.oneskin.co/ #oneskinpod Learn more about your ad choices. Visit megaphone.fm/adchoices
Today on Elixir Wizards, Manuel Rubio, author of Erlang/OTP: A Concurrent World and Dan Plyukhin, creator of the UIGC Actor Garbage Collector for Akka, join host Dan Ivovich to compare notes on garbage collection in actor models. The discussion digs into the similarities and differences of actor-based garbage collection in Erlang and Akka and introduces Dan's research on how to perform garbage collection in a distributed actor system. Topics discussed: Akka is akin to Erlang actors for the JVM using Scala, with similar principles like supervision trees, messages, and clustering Erlang uses generational garbage collection and periodically copies live data to the old heap for long-lived elements Actor GC aims to determine when an actor's memory can be reclaimed automatically rather than manually killing actors Distributed actor GC is more challenging than object GC due to the distributed nature and relationships between actors across nodes Challenges include reasoning about failures like dropped messages and crashed nodes GC balance requires optimization of resource release and CPU load management Immutability helps Erlang GC, but copying data for messages impacts performance Research into distributed actor GC is still ongoing, with opportunities for improvement Fault tolerance in Erlang relies on user implementation rather than low-level guarantees Asynchronous messages in Erlang/Elixir mean references may become invalid which is similar to the distributed GC approaches in Dan's research Idempotent messaging is recommended to handle possible duplicates from failures Help your local researcher! Researchers encourage communication from practitioners on challenges and use cases Links mentioned: Erlang/OTP Volume 1: A Concurrent World by Manuel Rubio https://altenwald.com/en/book/en-erlang-i Scala https://www.scala-lang.org/ Akka Framework https://github.com/akka JVM (Java Virtual Machine) https://www.java.com/en/download/ The BEAM VM https://www.erlang.org/blog/a-brief-beam-primer/ Hadoop Framework https://hadoop.apache.org/ Pony Programming Language https://www.ponylang.io/ SLSA Programming Language https://wcl.cs.rpi.edu/salsa/#:~:text=SALSA%20 Paxos Algorithm https://en.wikipedia.org/wiki/Paxos(computerscience) Raft library for maintaining a replicated state machine https://github.com/etcd-io/raft Dan's Website https://dplyukhin.github.io/ Dan Plyukhin on Twitter: https://twitter.com/dplyukhin Dan Plyukhin's YouTube channel: https://m.youtube.com/@dplyukhin UIGC on GitHub https://github.com/dplyukhin/UIGC Manuel's Website https://altenwald.com/ Manuel Rubio on Twitter: https://twitter.com/MRonErlang Special Guests: Dan Plyukhin and Manuel Rubio.
Shanna Gregory, Chief Program Officer at Women Who Code, sits down with some Senior Directors at Women Who Code to discuss their leadership roles in volunteering. Joining her is Kelly Anlas, Engineering Manager at Paxos, Melissa Conrad, Full Stack Developer at Mor Furniture for Less, and Caterina Paun, Computer Science Professor at Portland State University. They talk about skills and opportunities gained through their volunteer work.
In this week's interview Frax Finance Founder Sam Kazemian joins us to dissect Frax and how he sees Frax becoming the future of onchain money. They dive into the shift to being fully collateralized, Frax's singular real world asset strategy of accessing Fed rates, and new products like sFRAX yielding near the IORB and FXB for creating an on-chain yield curve. Sam explains the mechanics ensuring the peg in different markets, integrating with partners like Paxos, and FraxEth v2 transitioning to permissionless validation. He shares Frax's vision of becoming a compliant, safe, and systemically important stablecoin protocol across layers and blockchains. - - Follow Sam Kazemian: https://twitter.com/samkazemian Follow Sam: https://twitter.com/swmartin19 Follow Dan: https://twitter.com/smyyguy Follow Blockworks Research: https://twitter.com/blockworksres Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Hexens is the premier cybersecurity provider in web3 with an essential focus on blockchain technologies. Always exceeding clients' expectations, Hexens is a trusted security partner of the most prominent web3 projects like Polygon & zkEVM, 1inch, Lido, Nubank, TON, Risc0, EigenLayer, Mantle, Celo and more. https://hexens.io/ - - Timestamps (0:00) Introduction (1:12) Frax V3 Explained (4:18) Marginally Collateralized Stablecoin Design (10:40) Directing Profits to veFXS Holders (22:22) Reporting Offchain Asset Info Onchain (26:08) Backing a Stablecoin with RWAs (30:27) Hexeans AD (31:32) Frax Gov Module (36:47) Managing Duration Mismatches (44:38) Revenue on FXB and sFrax (52:47) FraxEth Performance (57:19) Frax Eth V2 - - Resources FraxV3 Overview https://docs.frax.finance/frax-v3/overview - - Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter - - Disclaimer: Nothing said on 0xResearch 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. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.
NLW covers the major stories in Bitcoin over the past couple weeks, including: Nomura Bitcoin Adoption Fund Block Saturation New Miner policy group Mt. Gox delay Coinbase to implement Lightning Swan launching Bitcoin custody Deutsche custody offering Paxos fat finger Hal Finney's ZK talk Thanks to our sponsor: In Wolf's Clothing // Wolf is the first startup accelerator focused exclusively on Bitcoin and Lightning // Learn more at wolfnyc.com Bitcoin Builders is produced and hosted by Nathaniel Whittemore. Lead researcher is Scott Hill. Edited by Kyle Barbour-Hoffman. Images by Midjourney. Theme music is "Everybody Dance" by True Ripper, licensed via Track Club. Ad music is "Easy's First Tiger" by Bossfight
Today we are revisiting my conversation with Austin Campbell. After my interview with Mike Dudas, I had asked, who is the smartest person I can talk to about Stablecoins? He instantly responded, you need to speak with Austin, and as you'll hear, I think he's right. Austin spent 15 years in traditional finance before managing $22bn of Stablecoin reserves for Paxos. Today, he's an Adjunct professor at Columbia Business School and the managing partner at Zero Knowledge Consulting. In this conversation, Austin helps me break down the nuts and bolts of how Stablecoins work. We also discussed the lessons crypto should learn from the traditional finance world and how the current US regulatory crackdown will shape the ecosystem going forward. Please enjoy this Stablecoin primer with Austin Campbell. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here ----- Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes [00:03:21] - [First question] - What can be learned from TradFi and applied to crypto [00:05:13] - The basics of Stablecoins and why they are important [00:07:39] - The logistics and mechanics of Stablecoins from the ground up [00:17:14] - Time-delay and infrastructure problems when trading with Stablecoins [00:21:18] - Liquidity, time sensitivity, and credit risk for issuers and buyers of Stablecoins [00:24:59] - The roles, challenges, and faults of regulators in the space [00:33:04] - The extent to which he sees regulators favored versus fouled by crypto natives [00:34:50] - The SEC's imposition that qualified custodians are needed to exchange crypto assets [00:37:53] - His takes on news regarding Paxos and the BUSD [00:43:01] - Concerns regarding Binance and its Stablecoin consolidations [00:46:30] - Aspects of global Stablecoin regulation he's optimistic about [00:49:01] - Why the US may not be a promised land for crypto [00:50:21] - The positives and potential impact of Stablecoins broadly, despite the pushback [00:54:03] - The possibility of traditional assets using crypto rails [01:00:04] - What he's most excited to see built over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
A major player has entered the stablecoin wars. PayPal went deeper down the crypto rabbithole this week with the launch of its Ethereum-based PYUSD. The dollar-backed stablecoin now puts PayPal in competition with the likes of Tether and Circle for quickly sending value around the world on-chain. José Fernández da Ponte, PayPal's crypto SVP, joins the show to unpack how the fintech giant is building a long-term strategy around blockchain-based payments. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: why PayPal decided to launch a stablecoin how long it will take for stablecoins to reach mainstream adoption and what the advantages of stablecoins are how PYUSD will differentiate from other giants in the stablecoin space such as USDT and USDC whether the U.S. stablecoin bill influenced the launch of PYUSD why stablecoins should be regulated at the state level whether PayPal plans to launch stablecoins pegged to other fiat currencies how Paxos will provide attestation reports for PYUSD why Jose thinks gaming is a huge opportunity for stablecoin payments what the rationale was for launching an ERC-20 on Ethereum how PayPal plans to monetize the stablecoin why PayPal's expectations for PYUSD in the short-term are “moderate” Thank you to our sponsors! Crypto.com Arbitrum Foundation Thales DAO Guest José Fernández da Ponte, SVP of Blockchain, Crypto and Digital Currencies at PayPal Links Unchained: PayPal Launches PYUSD Stablecoin Built on Ethereum CoinDesk: PayPal's Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits Congresswoman Maxine Waters Says She's ‘Deeply Concerned' About PayPal's New Stablecoin U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD Blockworks: PayPal's new stablecoin stirs centralization criticism CNBC: PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here's why Learn more about your ad choices. Visit megaphone.fm/adchoices
Austin Campbell is the managing partner of Zero Knowledge Consulting, an adjunct professor at Columbia Business School, and used to work at Paxos in both Portfolio Management and Chief Risk Officer. He also was Co-Head of Digital Assets in Global Rates at CitiBank at JP Morgan for a decade. Austin knows a thing or two about the TradWorld and we brought him on to help us navigate all of the TradNews that has surfaced in the last two weeks around the crypto space. ------