Podcasts about poloniex

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Best podcasts about poloniex

Latest podcast episodes about poloniex

Crypto Critics' Corner
Justin Sun is Insolvent

Crypto Critics' Corner

Play Episode Listen Later Jun 3, 2024 15:33


Bennett and Cas discuss Justin Sun's empire, and the fact that he does not seem to have enough money. Additional resources: Protos coverage of Poloniex and WBTC Protos coverage of USDD reserves at HTX Protos coverage of TrueUSD market-cap collapse Protos coverage of false Diplomatic Immunity Protos reporting on stUSDT This episode was recorded on May 1st, 2024.

Daily Crypto News
Dec 7: Bull Run Bonanza, and Cathie's Coinbase Conundrum

Daily Crypto News

Play Episode Listen Later Dec 7, 2023 11:16


Join us for this jam-packed episode where we tackle the biggest stories in the crypto world this week!- Poloniex faces regulatory heat with UK FCA warning.- Former Binance CEO Changpeng Zhao pleads guilty in unexpected court case.- Robinhood launches its crypto platform in Europe with enticing Bitcoin rewards.- Short sellers suffer billions in losses as Bitcoin's bull run continues.- Pro-blockchain bill gains momentum in the US House.- JP Morgan's Jamie Dimon reignites the Bitcoin debate with calls for a shutdown.- Cathie Wood's Ark Invest sells another major chunk of Coinbase shares, sparking questions.Tune in for expert analysis, insightful commentary, and all the latest developments in the ever-evolving crypto landscape.________News Links

Rise’n’Crypto
JPMorgan CEO slams crypto, Bitcoin Ordinals flying high, FCA warns about Poloniex

Rise’n’Crypto

Play Episode Listen Later Dec 7, 2023 10:31


Today, we look at JPMorgan CEO Jamie Dimon telling the U.S. Senate that if he were the government, he would shut crypto down — needless to say, the crypto community did not take those comments lightly. We also look at Bitcoin Ordinals going parabolic, but are they at risk of a network fix patching them out of existence?Further reading:“If I was the government, I'd close it down,” says Jamie Dimon, CEO of JPMorganThe crypto community responds to Dimon's commentsBitcoin Ordinals has gone parabolic in recent weeksBitcoin Core developer calls Ordinals a DoS attackPoloniex added to U.K. regulator's warning listReferences:JPMorgan the first bank to enter the metaverseJPMorgan paper on the metaverseWhat are Bitcoin Ordinals?So, 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.

The Gentlemen of Crypto
Ethereum ETF Blackrock & Poloniex Hacked | TGOC

The Gentlemen of Crypto

Play Episode Listen Later Nov 22, 2023 73:04


1167 | TGOC Coaching.thegentlemenofcrypto.com Icoin Wallets Bundle: 30% off with code TGOC23 Business Inquiries: krbe@krbecrypto.com  ********************************** Connect with us online at the following places: KRBE Digital Assets Group  * Website: https://thegentlemenofcrypto.com    MEMBERSHIP  Join this channel to get access to perks: https://www.youtube.com/channel/UCJ0QV-XhATeq4-hTgqMz1TQ/join PODCAST  * Apple Podcasts: https://apple.co/3xlhxqz * Spotify: https://spoti.fi/3xpk2rT * Google Podcasts: https://bit.ly/3cKmAc4 * Audible: https://adbl.co/3zumWxn * TuneIn: https://bit.ly/3zuuGzy * iHeartRadio: https://ihr.fm/3ciPHCJ STREAM SATS  * Fountain: https://bit.ly/3gWUsEt Please leave a review! SOCIAL  * KRBE Twitter: https://twitter.com/krbecrypto * KRBE Facebook: https://www.facebook.com/krbedigitalassets/ * KRBE Instagram: https://www.instagram.com/thegentlemenofcrypto/ * King Twitter: https://twitter.com/KingBlessDotCom * Bitcoin Zay Twitter: https://twitter.com/bitcoinzay COOL CRYPTO GEAR  Antonio "BTC" Gear: https://finitesupply.co.uk/ Amenhotep Designs: https://www.adesignuk.com/     No Keys No Cheese Merch: https://www.bitcoinmovement.com Been Dope Gear: https://jakefever.com/collections/millionaire-coming-soon/products/been-dope-bitcoin-hoodie Unite Africa Gear: https://www.yemnasium.com/shop ********************************** ——————————————————————————— **This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.**The Gentleman of Crypto is a daily live broadcast that explores Bitcoin and cryptocurrency market. We discuss international topics, news updates, and future innovations in blockchain, digital currencies and assets, fintech, and more.

رادیو اکسکوینو
کوین کست | 20 آبان 1402 | اتریوم غرق در هیجان ETF

رادیو اکسکوینو

Play Episode Listen Later Nov 18, 2023 3:43


تو دنیای کریپتو چه‌خبره؟ صندوق اسپات اتریوم بلک‌راک در صف انتظار اتریوم ۵۸۰۰ دلاری در راه است؟ تقاضای ۱۰ برابری برای بیت‌کوین بیت‌کوین در یک‌ قدمی قلمرو وارن بافت بدشانسی صرافی پولونیکس (Poloniex)

Smashing Security
Hacking for chimp change, and AI chatbot birthday

Smashing Security

Play Episode Listen Later Nov 16, 2023 36:08


Who's more incompetent - the cryptocurrency exchanges or some of the people who hack them? Plus a closer look at the reliability of AI chatbots.All this and more is discussed in the latest edition of the "Smashing Security" podcast by cybersecurity veterans Graham Cluley and Carole Theriault.Warning: This podcast may contain nuts, adult themes, and rude language.Episode links:Bored Ape NFT Partygoers Blame UV Lights For Burned Eyes And Skin - Kotaku.Poloniex crypto-exchange offers 5% cut to thieves if they return that $120M they nicked - The Register.Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack - CoinDesk.Leaderboard Comparing LLM Performance at Producing Hallucinations when Summarizing Short Documents - Github.Cut the Bull…. Detecting Hallucinations in Large Language Models - Vectara.Chatbots May ‘Hallucinate' More Often Than Many Realize - The New York Times.Bing's ChatGPT-Powered Search Has a Misinformation Problem - Vice.ChatGPT gets code questions wrong 52% of the time - The Register.FreeTube.The Wonderful Story of Henry Sugar - Netflix.Smashing Security merchandise (t-shirts, mugs, stickers and stuff)Sponsored by:Kolide – Kolide ensures that if your device isn't secure it can't access your cloud apps. It's Device Trust for Okta. Watch the demo today!Vanta – Expand the scope of your security program with market-leading compliance automation… while saving time and money. Smashing Security listeners get 20% off!Panoptica – Panoptica is a cloud native application security solution connecting developer and security teams to their organization's biggest cloud threats from code to production.SUPPORT THE SHOW:Tell your friends and colleagues about “Smashing Security”, and leave us a review on Apple Podcasts or Podchaser.Become a supporter via

Security Now (MP3)
SN 948: What if a Bit Flipped? - Privacy Badger, Downfall, OpenVPN, Windshield Barnacle, Article 45

Security Now (MP3)

Play Episode Listen Later Nov 15, 2023 132:10


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

Security Now (Video HI)
SN 948: What if a Bit Flipped? - Privacy Badger, Downfall, OpenVPN, Windshield Barnacle, Article 45

Security Now (Video HI)

Play Episode Listen Later Nov 15, 2023


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

All TWiT.tv Shows (MP3)
Security Now 948: What if a Bit Flipped?

All TWiT.tv Shows (MP3)

Play Episode Listen Later Nov 15, 2023 132:10


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

Security Now (Video HD)
SN 948: What if a Bit Flipped? - Privacy Badger, Downfall, OpenVPN, Windshield Barnacle, Article 45

Security Now (Video HD)

Play Episode Listen Later Nov 15, 2023


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

Radio Leo (Audio)
Security Now 948: What if a Bit Flipped?

Radio Leo (Audio)

Play Episode Listen Later Nov 15, 2023 132:10


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

Security Now (Video LO)
SN 948: What if a Bit Flipped? - Privacy Badger, Downfall, OpenVPN, Windshield Barnacle, Article 45

Security Now (Video LO)

Play Episode Listen Later Nov 15, 2023


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

All TWiT.tv Shows (Video LO)
Security Now 948: What if a Bit Flipped?

All TWiT.tv Shows (Video LO)

Play Episode Listen Later Nov 15, 2023


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

Crypto Curious
104 - Aus Crypto Con Wrap, ETH Surge, and Poloniex Hack!

Crypto Curious

Play Episode Listen Later Nov 15, 2023 26:03


Welcome to Episode 104 of the Crypto Curious podcast! This week, we dive into the highlights of the Aus Crypto Con, the surprising Ethereum price surge, and the massive Poloniex hack that shook the crypto world. Join Tracey, Blake, and Craig as they break down these top stories and keep you informed about the latest happenings in the world of cryptocurrency. Plus, stay tuned for our Mover & Shaker segment featuring UniBot, and our quick news bites on SEC talks with Grayscale, FTX relaunch bids, Coinbase Verifications, Roblox NFTs, FCA stablecoin regulations, Circle's IPO plans, and Kraken's potential L2 solution. Don't miss this episode, which is packed with insights and updates!Links:Unibot - https://www.coingecko.com/en/coins/unibotDob In A Degen:Email us at podcast@getbamboo.io or phone 0061485954732If you're enjoying these episodes please subscribe to our podcast on your preferred platform, leave a review or share this episode with a friend or family member.If you're looking to get started investing in Bitcoin, Ethereum, Gold & Silver, you can download the Bamboo app. Use the code CURIOUS for $10 in ETH when you sign up.Follow the Crypto Curious Instagram hereJoin the Facebook Group here*****In the spirit of reconciliation, Equity Mates Media and the hosts of Crypto Curious acknowledge the Traditional Custodians of the country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Crypto Curious is a product of Equity Mates Media. This podcast is intended for educational and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Hosted on Acast. See acast.com/privacy for more information.

Radio Leo (Video HD)
Security Now 948: What if a Bit Flipped?

Radio Leo (Video HD)

Play Episode Listen Later Nov 15, 2023 132:10


Privacy Badger blocks trackers on news sites and prevents browser exposure to unwanted domains like TikTok and Datadog. No major updates on EU's controversial Article 45 in eIDAS 2.0. Industry pushback continues as implementation would threaten encryption. Cryptocurrency exchange Poloniex lost $130M in a hot wallet hack, the 14th largest crypto theft. Decentralized finance platform Raft lost $3.3M due to an exploit. Crook operated website iotaseed.io to generate wallet seed phrases, then recorded and stole them. New Intel processor vulnerability called Downfall leaks encryption keys and sensitive data between users on shared systems. Russia moves to formally ban all VPN use in the country. Two new flaws found in OpenVPN software, one allowing memory access. SpinRite development paused as DOS and Windows versions are complete. Understanding assembly language helps malware analysis and exploit development, but high-level decompilers also useful. Quantum-safe symmetric cryptography is limited compared to asymmetric crypto. EU's Article 45 allows transparent decryption and traffic interception, supposedly for security purposes. "Windshield Barnacle" parking enforcement device uses suction cups and 1000 lbs of force to immobilize vehicles until parking tickets are paid. Sci-fi book series Aeon 14 by M.D. Cooper offers fun military space opera adventure. 27-year-old theoretical crypto attack now shown practical. Passive network observers can steal SSH RSA keys if faulty signature generated, allowing impersonation. Show Notes - https://www.grc.com/sn/SN-948-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to this show at https://twit.tv/shows/security-now. Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Sponsors: kolide.com/securitynow bitwarden.com/twit GO.ACILEARNING.COM/TWIT

Cryptoland
BTC e ETH verso nuovi massimi; Binance Rivoluziona i Wallet Web3; OpenAI Svela il Futuro di ChatGPT; Poloniex sotto Attacco

Cryptoland

Play Episode Listen Later Nov 13, 2023 15:50


In questo episodio di CryptoShot, Lucrezia Van Stegeren ci guida attraverso gli ultimi sviluppi nel mondo delle criptovalute e della tecnologia blockchain. Dal pump di mercato guidato dalla nuova domanda per un ETF spot Ethereum di BlackRock, alla presentazione del nuovo Web3 Wallet di Binance. Inoltre, approfondiamo le ultime novità di OpenAI annunciate al DevDay e concludiamo con l'hack da $100 milioni a Poloniex. ❤️ Seguici sui canali social: >> https://twitter.com/Cryptoland_ita >> https://www.instagram.com/cryptolandpodcast/ --- Support this podcast: https://podcasters.spotify.com/pod/show/cryptoland/support

Day Trading Academy Espanol
Nov 12: Nuevo IA de Elon Musk Grok, Escasez de Agua USA, Nuevo Cyber ataque (Recap ep252)

Day Trading Academy Espanol

Play Episode Listen Later Nov 12, 2023 17:24


Estas son algunas de las noticias financieras más relevantes de la seamana. Poloniex, una casa de cambio de criptomonedas, fue víctima de un hackeo que resultó en el robo de 125 millones de dólares. El propietario controvertido, Justin Sun, ofreció a los ladrones una recompensa del 5% para que devuelvan los fondos.Las acciones de Robinhood [...]

Daily Crypto News
Nov 10: Asia Focus, Bitcoin ETFs, Stablecoin Deals, Crypto Trends, JPMorgan Innovation

Daily Crypto News

Play Episode Listen Later Nov 10, 2023 14:55


Hong Kong's new spot Bitcoin ETF and MUFG-DRW's stablecoin settlement to South Korea's telecom push for Web3 initiatives. Discover Vietnam's changing stance on cryptocurrency adoption, JPMorgan's programmable payments with JPM Coin, Michael Saylor's significant Bitcoin profits, BlackRock's entry into Ethereum, Celsius's bankruptcy plan approval, and the security breach at Justin Sun-owned Poloniex.________News Links

El Bit

Resumen de noticias de Bitcoin «El Bit», desde ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠La librería de Satoshi⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, con la producción de ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Proyecto Bitcoin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Nuestras fuentes de hoy: 1.- Poloniex Exchange ha sido pirateado https://bitcoinist.com/poloniex-crypto-exchange-hacked/ https://twitter.com/Poloniex/status/1722956238160536049 2.- El Parlamento de la UE aprueba la ley de datos con una disposición de apagado de contrato inteligente https://www.coindesk.com/policy/2023/11/09/eu-parliament-approves-data-act-with-smart-contract-kill-switch-provision/ 3.-  Minería de Bitcoin: precios y comisiones al alza https://www.criptonoticias.com/mineria/dispara-rentabilidad-minar-bitcoin-bull-market/ 4.- Bitcoin gana terreno en Cuba, pero las restricciones siguen siendo un obstáculo https://www.criptonoticias.com/comunidad/peticion-cuba-adopting-bitcoin-comercio-conferencia/ Si te gusta nuestro contenido, ayúdanos a seguir entregándolo. Valor por valor todos ganamos: ⚡️ https://geyser.fund/project/proyectoencriptado  ⚡️ proyectobitcoin@getalby.com ⚡️ user73191561@fountain.fm

The Fintech Blueprint
A glimpse into stablecoin Tether and crypto exchange Bitfinex, with CTO Paolo Ardoino

The Fintech Blueprint

Play Episode Listen Later Aug 18, 2023 47:39


Lex chats with Paolo Ardoino, CTO of Bitfinex (one of the largest crypto exchanges) and Tether (a US-dollar pegged stablecoin). Paolo kicks off reflecting on his journey into the crypto space and the pivotal role of technology, community, and opensource in his learning. The discussion navigates through Bitcoin's diverse potentials, Bitfinex's growth, and the intricate challenges of crypto exchanges. Paolo emphasizes the importance of learning from past industry mistakes to guide future strategies. Tether's origin story is explored, shedding light on its initial architecture, on-ramp process, and strategies to manage banking counterparty risk. A significant aspect discussed is stablecoin usage dynamics, where Paolo delves into the primary customers—ranging from institutional demand to market makers and retail onboarding. The episode concludes with insights into Bitfinex and Tether's future directions. MENTIONED IN THE CONVERSATION Bitfinex's Website: https://bit.ly/3QFgzCoTether's Website: https://bit.ly/3ElM90NPaolo's LinkedIn profile: https://bit.ly/45zFBak Topics: crypto, web3, stablecoins, crypto exchanges, custody, banking, T-Bills Companies: BitFinex, Tether, USDT, Poloniex, Bittrex, Binance, Bitcoin, Omni Layer, Copper ABOUT THE FINTECH BLUEPRINT 

TerraSpaces
Pepe – The Most Memeable Memecoin

TerraSpaces

Play Episode Listen Later Jun 8, 2023 48:19


Today on the Ether we have Poloniex Exchange hosting the most memeable memecoin space with Pepe! You'll hear from Pauly0x, Elja, xiejiayinHuobi, and more! Recorded on June 7th 2023. Make sure to check out the two newest tracks from Finn and the RAC FM gang over at ImaginetheSmell.org! The majority of the music at the end of these spaces can be found streaming over on Spotify, and the rest of the streaming platforms. Check out Project Survival, Virus Diaries, and Plan B wherever you get your music. Thank you to everyone in the community who supports TerraSpaces.

The Scoop
Justin Sun wants to revitalize Huobi and Poloniex with memecoins

The Scoop

Play Episode Listen Later May 19, 2023 23:05


In this episode, Justin Sun reveals Huobi's and Poloniex's procedure for listing new memecoins and explains why the crypto market has grown too big for any single exchange to service effectively. Sun claims that Binance may be the biggest exchange by market share, but it is not the best venue for trading smaller memecoins: "Binance these days has a very high standard of listing crypto assets. [A coin] needs to be at least $100 million or even $1 billion to get listed on Binance in the first place. So that's why I think this leaves a very big room for other exchanges to grow."Justin Sun himself recently announced on Twitter that he would start trading memecoins for "fun." During this episode, Chaparro and Sun also discuss: What Justin Sun personally looks for in memecoins Huobi's and Poloniex's revenue sources The global crypto regulatory environment This episode is brought to you by our sponsor CleanSpark. About CleanSpark CleanSpark (NASDAQ: CLSK) is America's Bitcoin Miner™. Visit cleanspark.com/theblock to learn more about the CleanSpark way.

Corruption Crime & Compliance
Cryptocurrency and Sanctions Compliance with Matt Stankiewicz

Corruption Crime & Compliance

Play Episode Listen Later May 15, 2023 22:53


Cryptocurrency has become a popular way to invest and transact, but with that comes the need for sanctions compliance. In this episode, Michael Volkov and Matt Stankiewicz discuss the recent enforcement actions against Poloniex, Bittrex, and Kraken for violating US sanctions regulations with cryptocurrency transactions. Matt is a Partner at Volkov Law and a leading cryptocurrency expert. He and Michael dive into the common themes and basic failures that led to these enforcement actions, including IP blocking, transaction monitoring, and the use of screening tools. They also explore the challenges of compliance when dealing with regions like Crimea and Ukraine, as well as the importance of voluntary disclosure.You'll hear Michael and Matt talk about:Cryptocurrency companies are struggling to implement KYC and geo-blocking controls, which is leading to violations involving sanctioned jurisdictions.OFAC is taking an aggressive stance against cryptocurrency companies. Companies in the cryptocurrency industry need to implement effective sanctions compliance programs to avoid hefty fines and enforcement actions from regulatory authorities.There is no materiality requirement for sanctions violations, and even small transactions can result in multimillion-dollar fines.Retroactively applying controls to existing customers is important, and failing to do so can lead to violations.Companies need to have a comprehensive and automated system in place to detect and prevent violations.Companies need to be vigilant about screening individuals and transactions against the relevant sanctions lists, including screening field text, addresses, and ID cards.Geo-blocking for IP addresses is a crucial compliance control, but it is not perfect and can be circumvented by VPNs.Voluntary disclosure of violations can lead to more favorable outcomes and lower fines from regulatory authorities.OFAC and other regulatory authorities are using analytical tools to monitor transactions and flag potential violations, so cryptocurrency companies should not assume they can go under the radar.Companies can use the public blockchain to monitor transactions and identify potential sanctions risks.Sanctions compliance programs should be regularly reviewed and updated to address new risks and changes in regulations.KEY QUOTES"There are a lot of tools available to these companies to monitor transactions, maybe better than in the traditional finance world, just because everything on the blockchain is public record essentially." - Matt Stankiewicz"It's just interesting to see OFAC go so aggressively against these companies. Not too surprising considering the extreme sanctions risk that cryptocurrency poses. Very importantly, there's still a lot of takeaways that really any industry can take away from these enforcement actions." - Matt Stankiewicz"If you find problems, obviously you want to remediate them, but figure out what you need to do in terms of voluntary disclosures, because typically you'll be much better off than if OFAC figures it out on their own, which they usually do." - Matt StankiewiczResources:Matt Stankiewicz on LinkedIn | Twitter Michael Volkov on LinkedIn | TwitterThe Volkov Law Group

On The Brink with Castle Island
Weekly Roundup 05/05/23 (Bank apocalypse, Biden's miner tax, Bhutan's crypto ambitions) (EP.422)

On The Brink with Castle Island

Play Episode Listen Later May 5, 2023 38:01


Matt and Nic are back with another week of news and deals. In this episode:  Updates on South Shore Bar Pie The CIV boys consider new sponsors Regional banks keep failing Is the turmoil in the bank sector deflationary or inflationary? How does the Fed end the banking crisis? McHenry's stablecoin bill Biden proposes a 30% tax on Bitcoin miners Why Biden's DAME tax is counterproductive RFK Jr's pro-crypto takes Nic throws his hat in the ring for RFK Jr Gensler running for Senate in Maryland/ Where in the world are the FTX executives FTX attempts to claw back funds from Genesis FTX debtors stumble on Mysten Labs Is summary judgment in the Ripple SEC case almost due? Nate Chastain is found guilty of insider trading Poloniex settles with OFAC OpenX is reprimanded by Dubai for not registering Coinbase launches in Bermuda Bhutan has been mining Bitcoin since 2020 NYMAG spills the beans about Protego CIV is throwing a pickleball event at BTC Miami Content mentioned in this episode:  Jen Wieczner in NYMAG, Is the Federal Government Trying to Kill Off Crypto? Sponsor notes:  Coin Metrics State of the Network - MakerDAO's Dai Dilemma: As one of the longest-standing DeFi protocols, Maker has held strong as the maintainer of the decentralized stablecoin Dai. Still, the protocol faces headwinds, and MakerDAO stakeholders must make major decisions about governance and risk management.  

Ventana 14 desde Cuba por Yoani Sánchez
Cafecito informativo del 2 de mayo de 2023

Ventana 14 desde Cuba por Yoani Sánchez

Play Episode Listen Later May 2, 2023 11:58


Buenos días desde La Habana, soy Yoani Sánchez y en el "cafecito informativo" de este martes 2 de mayo de 2023 tocaré estos temas: - El escarnio, ácido corrosivo sobre el régimen - Debacle del plan arrocero en Sancti Spíritus - Las autoridades del turismo se encomienda a Cachita para atraer visitantes - ‘Discurso de agradecimiento’ de Carlos Celdrán en Madrid Gracias por compartir este "cafecito informativo" y te espero para el programa de mañana. Puedes conocer más detalles de estas noticias en el diario https://www.14ymedio.com Los enlaces de hoy: Día libre para los cubanos y banderas rojas para los invitados extranjeros del régimen al 1 de mayo https://enterate.link/cuba/Dia-cubanos-banderas-invitados-extranjeros_0_3524047567.html La temporada de lluvia empieza con un derrumbe y numerosas averías eléctricas en La Habana https://enterate.link/cuba/temporada-Cuba-numerosas-electricas-Habana_0_3524047569.html El consumo de alimentos en Cuba ha caído un 66,9% en 2022 por culpa de la inflación https://enterate.link/economia/consumo-alimentos-Cuba-caido-inflacion_0_3524047568.html La firma Poloniex acepta un pacto millonario por la violación de sanciones a Cuba https://enterate.link/internacional/Poloniex-millonario-violacion-sanciones-Cuba_0_3524647507.html En abril hubo 370 protestas en una Cuba marcada por la escasez de gasolina https://enterate.link/cuba/protestas-Cuba-marcada-escasez-gasolina_0_3524047570.html Acnur lanza campaña en redes para combatir la desinformación sobre el Darién https://enterate.link/internacional/Acnur-campana-combatir-desinformacion-Darien_0_3524647502.html El Gobierno cubano se encomienda a Cachita y los santeros para mejorar los datos del turismo https://enterate.link/cuba/Gobierno-encomienda-Cachita-santeros-turismo_0_3524647506.html Presentación de ‘Discurso de agradecimiento’ de Carlos Celdrán en Madrid https://enterate.link/eventos_culturales/libros/Presentacion-Discurso-Carlos-Celdran-Madrid_13_3518778088.html

Stuff That Interests Me
How to buy bitcoin in the UK (and elsewhere)

Stuff That Interests Me

Play Episode Listen Later Feb 21, 2023 11:32


The bitcoin price has been quietly moving up and, almost inevitably, I am getting messages from people asking how to buy it.Bitcoin should make up a core part of your investment portfolio. Never mind the noise, the doubts, the FUD (fear, uncertainty and doubt), the “but I don't understand how it works”, bitcoin is an incredible computational breakthrough with enormous implications for the world. It's the most technologically brilliant form of money ever invented. My advice is to own a share of the pie - it is in limited supply.So here, by popular demand, we outline the best ways to buy bitcoin in the UK and elsewhere.This is a reversion of an article I put together for paid subscribers last year, but I am making it available to one and all.I wrote the first (and many say the best - who am I to disagree?) book on bitcoin from a recognised publisher back in 2014. So I know a thing or two about it.“A great account. Read it and glimpse into the future,” said Richard Branson. Though it's not clear he actually read it.When he was Chancellor, Rishi Sunak, like George Osborne before him, gave it the big one about turning the UK into a hub for cryptocurrencies and the industries of the future, but these are just words. In practice, the UK regulator, the Financial Conduct Authority (FCA), has made life very difficult for the UK investor who is interested in cryptocurrencies. It has banned the sale of crypto derivatives and exchange traded notes to retail investors, which means traditional brokers are out, and it it has made sending money from a bank to a crypto exchange very problematic.Fear not. The guide will explain all.My first dollop of advice is this: before putting any significant sums to work, research as much as you can. Read about bitcoin, listen to podcasts and, above all, try out the tech. Buy small amounts, get a friend to do the same, and practice sending small amounts of money to each other. When you have got the hang of things, then you can invest more significant sums.Bitcoin's repeating cycleBitcoin seems to go through four phases with every cycle - and these cycles repeat.* There's the Quiet Accumulation. Few outside of the bubble of ardent bitcoiners take notice, as it discreetly creeps up. * The Frenzy and Blow-Off Top. The price rises accelerate. There is a rush to buy. The media is all over it. Everyone on social media is crowing. There's a huge row about whether bitcoin is in a bubble or not. I get invited onto the BBC to talk about it. You get a phonecall from your mate's nan asking how to buy it. Dean from up the flats starts holding court in the cafe about irresponsible monetary policy at the Federal Reserve. Bitcoin has one of its blow-off tops. See 2013, 2016 and 2021 for more details.* The Monster Correction. Bitcoin loses over 50% of its value. Economists who missed the boat go on telly and declare they were right, ignoring the fact that the price to which bitcoin corrected to is several hundred percent above where the quiet accumulation phase began. Earlier in bitcoin's evolution these corrections could be 90% or more. Now they have “scaled back” to more like 80%.* The Frustrating Consolidation. Bitcoin goes into a period of range trading, consolidating the gains of the previous bull market. This is a period of relative quiet, at least by bitcoin standards. There are rallies that get many excited, we might even be seeing one of those now, but they prove to be false dawns. Investors get frustrated by the grinding action. The media loses interest. Many forget about it, and so we gradually drift into another Quiet Accumulation phase.We have just had a classic-of-the-genre Monster Correction, during which bitcoin lost 80% of its value, going from around $68,000 back to just under $16,000.Since December it has been quietly rallying and today we sit around $23,000. It might go back and re-test $16,000. It could fall another 80%. Then again it could go up and up and up from here. The best time to accumulate is during the Frustrating Consolidation or the Quiet Accumulation phase, and I suggest that is where we are now. Somewhere in stage 3 or 4 of the cycle.There are many who dismissed it late last year as it fell to $16,000. I take the other side. Given the spate of bankruptcies, the Sam Bankman-Fried saga and more, I think it's pretty amazing that it didn't go lower.The best ways to buy bitcoinThere are three ways to get hold of bitcoin: you can earn it, you can buy it or you can mine it. I suppose you can steal it as well. But that's not something we cover here. Or anywhere.Forget mining for now. Bitcoin mining is beyond the scope of this article.Earning bitcoin is simple. All you need is a wallet. As long as the buyer of whatever product or service you are selling is happy to pay you in bitcoin, you just send them your wallet address, instead of your bank details, and they can pay you in bitcoin, just as they would any other form of money.There are countless wallet providers. I like Exodus, because it works on both your phone and your desktop, and Muun, because the interchange between bitcoin and the lightning network is very user-friendly.Follow the instructions they give you to get started. They have videos to help you. Keep a note of your seed phrase and store it somewhere safe. Put aside an hour to have a play, and familiarise yourself with how it works.So that's how to earn bitcoin. What about buying it?To buy bitcoin, you need to go through an exchange - the equivalent of a broker or bureau de change.The best exchanges to buy bitcoinThere are so many exchanges now, and they all have their pros, cons and idiosyncrasies. The best for UK investors are probably any of Coincorner, Gemini, Kraken, Binance, Bitfinex, CEX.Io, Bitstamp, Poloniex, Bittrex and eToro. The one I use the most is Coin Corner. I have an affiliate deal with them.Opening an account with an exchange is a bit tiresome with all the ID checks, but it has to be done – broadly speaking, the more you want to buy, the more paperwork you have to fill in. And do make sure you set up 2 or 3FA. Most exchanges insist on it.Kraken, Bitfinex and Binance seem to have the cheapest commissions, but they are badly lacking in customer service and, if something goes wrong, you won't get much help. Also - don't buy off the front page. You will end up paying higher commission. Buy through the trading apps using a limit order. Commission rates are lower there for some reason. I guess it's a way of snaring newbies.As I say, the one I use the most is Coin Corner. You can't buy sh*tcoins with them. It's good to have this temptation removed.Easier options for small amounts include Bittylicious or even bitcoin ATMs (but both their commissions and spreads are vast).Revolut makes it easy to buy bitcoin (and easy to open an account), but you can't then move your bitcoins elsewhere. You can only sell back to Revolut, which is somewhat besides the point. But it also means Revolut solves the storage problem for you, though I wonder, for reasons explained here, how much protection you'll have if they get hacked.Advanced users and purists will prefer the decentralised exchanges, but we will leave those for another day.Sending money to an exchangeOnce you have your account set up, you'll experience the delights of sending money to your exchange via a bank. You might end up having to make a phone call to the bank at this point (and you'll wait a while; banks' response times have become very slow). The FCA-registered exchanges, such as Gemini, tend to be the easiest in this regard. (You can use a debit cards with CoinCorner and most of the others). I got so frustrated with HSBC blocking my transfers to crypto exchanges, that I switched bank to “challenger bank” Starling. Starling were fine at first, but now they have changed their rules. Conducting some research on Twitter, Barclays and Natwest are hopeless. HSBC, Halifax, Nationwide, Santander and Lloyds might let you after a few phonecalls. Revolut and Monzo are ok.In order to use crypto exchanges and send “significant” sums of money, my advice is to open an account with Monzo or Revolut. Send your money from your normal bank to them, then from them to the crypto exchange. (But a word of warning: don't leave large amounts of money for long periods with Revolut. I have heard some nightmare fraud stories).To open an account, have your passport to hand and it can be done on your phone, simply, in just a few minutes. This seems a long-winded way of doing things, but it works.Send however much you want to spend on bitcoin to your Monzo account, and then from Monzo send it to an exchange.Share this post with anyone you know who might want to buy bitcoin.Other ways to get exposure to the bitcoin priceIf you'd still prefer some sort of listed option, there are various options, even to UK investors. Not as good as the real thing in my view, and during this bear market they have been very weak, much weaker than bitcoin.There is Microstrategy (Nasdaq: MSTR) which has become something of a proxy for bitcoin as it owns so much. Coinbase (Nasdaq:COIN) is another option. London has a listed bitcoin miner, Argo Blockchain (LSE: ARB), and both Vaneck and Han have crypto-related ETFs.And if, after all that, you prefer gold, my guide to buying gold is here.Please subscribe to this esteemed publication.Disclaimer: I am not regulated by the FCA or any other body as a financial advisor, so anything you read above does not constitute regulated financial advice. It is an expression of opinion only. Crypto is a famously risky sector so please do your own due diligence and if in any doubt consult with a financial advisor. Markets go down as well as up. Especially crypto. I do not know your personal financial circumstances, only you do, but never speculate with money you can't afford to lose. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe

Daily Crypto Report
"Huobi denies rumors that it will merge with Poloniex" Nov 26, 2022

Daily Crypto Report

Play Episode Listen Later Nov 26, 2022 6:20


Today's blockchain and cryptocurrency news Bitcoin is up slightly at $16,570 Ethereum is down slightly at $1,218 Binance Coin is up 1% at $315 Genesis Global Capital is being investigated by US regulators Aragon project converts $20M of treasury into ETH Huobi denies rumors that it will merge with Poloniex Ripio is landing in the US state of Florida.  Cobra will have to dox themselves or pay for Craig Wright's legal fees Tiantian Kullander, co-founder of Amber Group passes away. Learn more about your ad choices. Visit megaphone.fm/adchoices

Late Confirmation by CoinDesk
THE HASH: Binance Sets Up Recovery Fund After FTX Collapse; Janet Yellen Warns of Weakness in Crypto

Late Confirmation by CoinDesk

Play Episode Listen Later Nov 15, 2022 28:42


This episode is sponsored by minima.global, Circle and Pastel Network.Binance is setting up an industry recovery fund to help rebuild the space amid FTX contagion fear. Tron founder Justin Sun says Tron, Huobi Global and Poloniex will support Binance in its initiative. Meanwhile, Bloomberg reports that Treasury Secretary Janet Yellen said the FTX fallout "shows the weaknesses of this entire sector." See also: Binance Starts Recovery Fund for Crypto Projects Facing Liquidity CrisisFTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report FTX Owes Miami $16.5M For Arena Sponsorship Cancellation -This episode has been edited by Doc Blust. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Minima is a new layer 1 blockchain, designed to run in full on a smartphone. Join over 300,000 Minima node runners on the Incentive Program today, to start earning $MINIMA every day until Mainnet launch. Get your node setup and earn $MINIMA at minima.global/get-involved. -Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today's show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle's USDC Hub for Businesses.-SmartMint by Pastel Network is a no-code NFT minting platform that allows creators to seamlessly create, mint, and manage NFTs on custom smart contracts that they own. SmartMint also protects creators' NFTs from fraud, copymint, and asset loss through Pastel's mission critical Web3 infrastructure. Start creating today: https://smartmint.pastel.network/?utm_source=coindeskhash.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Scoop
Why crypto domain names could evolve into the internet's first identity system

The Scoop

Play Episode Listen Later Sep 19, 2022 40:23


Unstoppable Domains allows users to register domain names via non-fungible tokens (NFTs) which can then be used to receive crypto payments, and as digital identity markers around Web3. In July, the company raised $65 million in a Series A, successfully clinching ‘unicorn' status at a $1 billion valuation. In this episode of The Scoop, Unstoppable Domains' Founder and CEO Matt Gould explains why NFT domain names are likely the future identity system for Web3, and how persistent digital identities will redefine the importance of online reputation.  As Gould explains, once people start using an NFT domain as part of their online identity, additional interactions with Web3 applications will link more information to that NFT domain name, and a digital identity begins to emerge:  “We think this is a big deal because there really isn't an identity system for the Internet yet, and a lot of people in the space think this is probably one of the big unlocks for crypto and blockchain over the next several years.” If this new NFT-based identity system develops the way Gould anticipates, then it will also be significantly harder for people to create fake reputations on Web3 platforms. Given bots and scammers are notorious problems on existing Web2 platforms, Gould thinks the implications could fundamentally change how we view online interactions: “Reputation that comes from having persistent digital identities is another huge benefit — not only owning your data, but being able to create your reputation will make online interactions hopefully more pleasant.” Episode 88 of Season 4 of The Scoop was recorded live withhe Block's Frank Chaparro and Unstoppable Domains Founder and CEO Matt Gould. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
FTX's Brett Harrison unpacks how regulatory uncertainty holds back the crypto industry

The Scoop

Play Episode Listen Later Sep 16, 2022 36:44


Back in July, the SEC launched an investigation into Coinbase for allegedly listing several tokens that should have been listed as securities.  Yesterday, SEC Chair Gary Gensler made comments that indicate he believes more crypto exchanges and broker-dealers are still in violation of guidelines put in place under former SEC Chair Clayton in 2017. In this episode of The Scoop, FTX President Brett Harrison shares how FTX US is striving to avoid regulatory issues, and why regulatory clarity in the digital asset space will lead to more domestic innovation in the US.  According to Harrison, the onus of “deciding what to list is on the exchange.. but that doesn't necessarily prevent future enforcement if the regulatory agency in this case disagrees.” Given this dynamic, FTX US lists a limited number of tokens out of an abundance of caution. As Harrison explains: “We have fewer than 30 tokens on our exchange, and we think that's fortunately or unfortunately the long term play that will work for us until there is better clarity in terms of what registration is going to be required.” Although FTX US is not currently listing a broader selection of tokens, Harrison does believe many crypto projects would gladly register with the SEC if a clear framework existed: “I think a lot of token projects would register and quite happily do so if there was a clear process for it, because they want to get listed on US exchanges, they want to be able to operate their company in the US without worrying about enforcement action down the road — they would like for their tokens to have security like properties.” Episode 87 of Season 4 of The Scoop was recorded live with The Block's Frank Chaparro and FTX President Brett Harrison. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
Inside Bakkt's mission to help banks offer crypto services to retail

The Scoop

Play Episode Listen Later Sep 14, 2022 37:06


Episode 86 of Season 4 of The Scoop was recorded live with The Block's Frank Chaparro and Bakkt Chief Product Officer Dan O'Prey. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. Since going public last October, the digital asset management platform Bakkt has been working towards enabling more businesses to provide crypto services to their customers. For example, in April of this year, Bakkt closed a deal with American Bank which allows the bank's customers to buy and sell both bitcoin and ether. In this episode of The Scoop, Bakkt's Chief Product Officer Dan O'Prey lays out Bakkt's ambitions for the future and breaks down his company's strategy to help banks grow their client-facing crypto offerings. According to O'Prey, Bakkt hopes to position itself as the underlying infrastructure layer that enables access to a variety of crypto services: “Bakkt is aiming to be that infrastructure platform — those services under the hood — that can enable non-crypto companies to offer crypto to their consumers in a variety of different fashions.” This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
Ethereum Merge Edition Part 2: Moving to proof of stake is like swapping planes in flight

The Scoop

Play Episode Listen Later Sep 12, 2022 54:28


In part one of this three-part Ethereum Merge special edition of The Scoop, Lex Sokolin — head economist at Consensys — examined how The Merge will improve web3's reputation outside of the crypto space. In this episode of The Scoop, Ethereum Foundation researcher Danny Ryan provides a technical overview of The Merge, and explains why it took longer than expected to prepare the network for its transition to proof of stake. According to Ryan, changing the consensus mechanism of an active blockchain is no small feat: “It's like we built this better plane and started flying it next to the existing proof-of-work plane, and we're actually taking the payload, we're taking all the contents out of the proof-of-work plane, and we're putting in this other plane in flight.” Although The Merge was initially supposed to happen years ago, translating the mathematical concepts that underpin the proof-of-stake consensus mechanism into production took longer than expected. As Ryan explains, “You have these beautiful mathematical algorithms and proofs and design goals, and then when it comes time to actually turn that into something concrete and actionable, there's a lot of work to do.” Episode 85 of Season 4 of The Scoop was recorded remotely with The Block's Tim Copeland and Ethereum Foundation researcher Danny Ryan. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.  

The Scoop
Ethereum Merge Edition Part 1: How The Merge alleviates ESG concerns

The Scoop

Play Episode Listen Later Sep 9, 2022 43:14


After years of anticipation and development, the Ethereum blockchain is finally on the verge of transitioning its consensus mechanism from proof-of-work to a more energy-efficient mechanism known as proof-of-stake. According to a blog post from The Ethereum Foundation, switching the consensus mechanism of the blockchain is like changing the engine of a spaceship, and in just a few days, it will be “time to hot-swap the new engine for the old mid-flight.” In this special Ethereum Merge edition of The Scoop, Lex Sokolin, head economist at leading Ethereum development company ConsenSys, examines the implications of Ethereum's Merge for the future of the network. During the discussion, Sokolin explains why the switch will help improve the reputation of web3 outside of the crypto space — particularly with those who prefer ESG investments. A long-standing criticism of cryptocurrency technology singles out the amount of energy required to power the underlying blockchains. According to Sokolin, the fact that Ethereum is set to reduce its energy consumption by roughly 99.95% will help alleviate this concern: “I think removing the objection around ESG is very meaningful because it does change culturally some of the value proposition of Ethereum to those communities who take really seriously these issues around electricity consumption and impact.” By removing ESG concerns, Sokolin hopes more people in the world will be able to see the potential for web3 technology, without having to worry about negative externalities. As Sokolin explains, “A lot of how people align with web3 and crypto is through idealistic storytelling about what the world could be, and it's really important to be open minded and have a kind of hope for what new platforms can create.” Episode 84 of Season 4 of The Scoop was recorded remotely with The Block's Tim Copeland and ConsenSys Head Economist Lex Sokolin. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
How the multi-trillion dollar derivatives industry could be disrupted by decentralized technology

The Scoop

Play Episode Listen Later Sep 7, 2022 45:11


Hxro Network (pronounced “hero”) raised $34 million in a token round in November to help advance the platform's vision of building a decentralized derivative platform on Solana. Now, Hxro is on the cusp of launching USDC collateralized markets, which will mark the first time users are able to trade derivatives products using collateral with real value. In this episode of The Scoop, Hxro co-founder and CEO Dan Gunsberg joins host Frank Chaparro to unpack the idea behind the Hxro protocol and to explain how Hxro hopes to solve liquidity problems that currently exist in the decentralized derivative space. According to Gunsberg, the technology underlying Hxro Network allows anyone to create a decentralized derivative product: “Effectively anybody will be able to come and create any type of derivative product on Hxro Network's protocol… the core protocol is something called ‘Dexterity,' and the idea of it is that it's really just the generalized architecture for the payoff function and the accounting mechanisms of a derivative.” Not only does Hxro allow users to build any type of derivative product, “the beauty” of the platform is the way in which it will unify liquidity to create more efficient markets, Gunsberg believes. Gunsberg explains, “Once those markets are created, they all exist in the base layer protocol and then any application can tap those markets… so what you end up with is this unification of liquidity across many applications and many users, that all bottoms out into the same marketplace depending on the product.” Episode 83 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and Hxro Co-Founder & CEO Dan Gunsberg. Listen and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

Eddy Warman de Noche
Corea del Sur bloquea criptomonedas; cómo elaborar tu CV; "La suerte de la consorte"

Eddy Warman de Noche

Play Episode Listen Later Sep 7, 2022 36:04


Eddy nos cuenta cómo es que Corea del Sur bloqueará a Kucoin y Poloniex en una represión a las criptomonedas; Mayalen Elizondo, Head hunter, nos enseña cómo elaborar un CV correctamente; Natalia Colmenares, experta en Comunicaicón Política, Filosofía, Psicología y creación literaría, sobre el libro "La suerte de la consorte" de Sara Sefchovich, libro que relata la vida y milagros de las esposas de los gobernantes de México, todo esto y más con Eddy Warman de Noche.

The Scoop
Paolo Ardoino talks Holepunch and the the future of P2P tech

The Scoop

Play Episode Listen Later Sep 2, 2022 51:53


Last time Paolo Ardoino came on The Scoop podcast back in 2019, the USDT stablecoin had a market cap of less than $5 billion. Today, that number has risen to more than $66 billion, according to data from The Block's Data Dashboard. While Ardoino serves as both the CTO of Tether (the issuing company behind USDT), as well as CTO of the crypto exchange Bitfinex, recently he has been focusing much of his attention on developing Holepunch — a fully encrypted platform for peer-to-peer applications. In this episode of The Scoop, Paolo Ardoino shares his vision for the future of peer-to-peer technology, which he believes is in line with "the original ethos of the World Wide Web." According to Ardoino, we already possess the hardware necessary to facilitate peer-to-peer data transfer in a more efficient way than existing centralized platforms allow: "The biggest lie ever is that our hardware, our devices, our iPods, phones don't have the capacity to do great things — actually, they are much more powerful than what we think." While our devices may be powerful, Ardoino suggests that having to route data through centralized servers creates unnecessary latency which limits performance: "I'm talking to you, I'm calling you, and there is no reason why my signal — all my data — should pass through a centralized server. There is today, in 2022, no need for that." The first app to be deployed on the Holepunch peer-to-peer technology is a video calling service named Keet. Whereas centralized video streaming platforms are forced to compress data to facilitate global demand, the direct peer-to-peer connection provided by Holepunch allows Keet to facilitate much higher quality video connections. According to Ardoino, "You have to take a shower before using Keet because we get 4K video from you, and it's not compressed." Episode 82 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and Bitfinex CTO and Tether CTO Paolo Ardoino. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
BlockFi CEO shares lessons learned from liquidating 3AC

The Scoop

Play Episode Listen Later Aug 31, 2022 47:36


Earlier this summer, the collapse of Three Arrows Capital (3AC) sent the crypto lending world into chaos. Many lenders suffered heavy losses due to 3AC exposure and some were forced into bankruptcy. BlockFi — a prominent crypto lender that was valued at nearly $5 billion during the height of the bull market — was one of the firms that took a big hit when 3AC collapsed, prompting the company's shareholders to approve a $680 million deal with FTX US that outlines a path to a potential acquisition later next year.  In this episode of The Scoop, BlockFi CEO Zac Prince candidly recounted the events surrounding his firm's liquidation of Three Arrows Capital. He also explained his personal philosophy regarding the relationship that a crypto lender should have with its customers.  Prince expressed during the interview that he firmly believes that BlockFi's clients should be given priority consideration: "I have a very fundamental belief that in the type of business that Blockfi is, you can't screw over your clients and still have a business, period. That's not an option and that's not something that Blockfi is ever going to do on my watch." When asked directly about Three Arrows Capital, Prince responded, "I also respect that these are still people and I hope that they're doing okay, but there's a whole mountain of legal and potentially civil and criminal things that they'll be dealing with in the foreseeable future." Episode 81 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and BlockFi Founder & CEO Zac Prince. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
NFT Scoop with MK Manoylov: UTA's head of web3 explains Hollywood's push to represent NFT brands

The Scoop

Play Episode Listen Later Aug 26, 2022 38:08


While NFT projects grew in popularity, so too did brand recognition — and the interest of talent representatives to sign them on. United Talent Agency (UTA) was among the first in August of 2021, when it signed CryptoPunks and Meebits creators Larva Labs, followed by Deadfellaz in April of this year. Other talent representatives got into web3 as well, such as Creative Artists Agency (CAA) signing on the NFT collector 0xb1 in October 2021 and even hiring a Chief Metaverse Officer in August of this year.  But why did talent representatives like UTA sign on these NFT brands at all? Why do NFT brands need talent representation?  To get to the heart of these questions, MK sat down with UTA's head of web3, Lesley Silverman. Silverman has been at UTA for the past seven years, educating artists on the utility of web3 and helping interested artists launch their web3 brand. Before joining UTA, Silverman worked as a fine arts lawyer, and she says this experience shaped how she lead UTA through the NFT space.  Episode 80 of Season 4 of The Scoop was recorded remotely with The Block's MK Manoylov and Lesley Silverman, Head of Web3 at United Talent Agency. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis & IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com

The Scoop
Plaid executive breaks down the future of digital finance

The Scoop

Play Episode Listen Later Aug 24, 2022 44:14


Plaid, a fintech infrastructure and payments provider aiming to simplify the digital financial ecosystem through a single API, recently announced big crypto players such as Gemini and Binance.US are joining its network of financial institutions. The move is part of Plaid's broader effort to integrate both legacy institutions and crypto service providers into its platform, which was valued at more than $13 billion last year after a $425 million fundraise. In this episode of The Scoop, Plaid's head of UK, Keith Grose, joins host Frank Chaparro to discuss how its integration with crypto platforms is helping bring new users into the ecosystem, and to break down what the future of digital finance will look like. According to Grose, users' digital financial interactions will increasingly be controlled by a single wallet that is able to move seamlessly between different platforms: "You are essentially, as a user, going to have this back end wallet, whether it's your bank account or your crypto wallet, that you control the keys to and you can take wherever you want to use it around the digital world. That's where we're headed." While Plaid is built to cater to a range of digital financial platforms, Grose points out that all financial transactions ultimately come down to trust: "What we're really talking about when you're talking about payments is trust… and I think we're more and more moving to a place where trust is becoming digital, and proving trust online in the digital world is very different than proving trust in a physical, community based system that most of humanity has been in for most of history." Episode 78 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and Plaid head of UK/EU Keith Grose. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis &IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com. About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com.

The Scoop
Policy Scoop with Aislinn Keely: Grayscale CLO on taking their bitcoin ETF rejection to the courts

The Scoop

Play Episode Listen Later Aug 19, 2022 31:35


The US has yet to see a spot bitcoin exchange-traded fund (ETF) reach the market, but when a futures-based product got the green light from the Securities and Exchange Commission (SEC) last year, issuers were hopeful. Some thought it signified the regulator becoming more comfortable with crypto products and a spot ETF could be on the horizon. But since then, the SEC continued to shoot down application after application on the basis that there aren't sufficient mechanisms to prevent price manipulation in the spot market. Grayscale, which has long desired to convert its flagship GBTC product into an ETF, took issue with this. During the SEC's continued extensions on its application, and after a series of rejections of other similar applications, the firm sent a letter saying the regulator could be violating its own procedures by approving a futures product but refusing to allow a spot-based product. The firm argued that futures are priced based on the underlying spot market, meaning any price manipulation in the spot market would affect futures products. The idea is if the regulator is comfortable with futures, it should be comfortable with a spot-based product. But Grayscale, too, received a rejection weeks later, spurring it to mount a legal challenge in the DC Court of Appeals. Now, it's gearing up to submit its first brief in the case, detailing its qualms with the SEC's rejection of its application. In this week's episode of Policy Scoop, Aislinn Keely sat down with Grayscale's Chief Legal Officer, Craig Salm, to take an in-depth look at the firm's argument. "It wasn't a decision that we made lightly, and during the course of that comment letter period, we had a couple of meetings with the Commission to try to work through their questions and the issues presented, lay out the arguments and reasoning why we felt that if they were okay with futures, they should now be okay with spot," said Salm. Episode 78 of Season 4 of The Scoop was recorded remotely with The Block's Aislinn Keely and Craig Salm, Chief Legal Officer at Grayscale. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis &IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com

The Scoop
Why new digital communities are forming around 'fractionalized' NFTs

The Scoop

Play Episode Listen Later Aug 17, 2022 45:34


Fractional — a crypto startup whose tech allows individual non-fungible tokens (NFTs) to be locked in a smart contract, and then 'fractionalized' into fungible digital pieces — is changing its name to 'Tessera.'  In addition to the name change, Tessera announced they closed a $20 million Series A earlier this summer in a funding round led by Paradigm. In this episode of The Scoop, Tessera co-founder and CEO Andy Chorlian explains how fractionalized NFTs foster new digital communities, and why 'Tessera' is a more suitable name for the direction of the platform. According to Chorlian, Tessera is helping new communities form by taking 'blue-chip' NFTs that could cost tens or hundreds of thousands of dollars, and making them more accessible to the average collector: "It's really just reshaping what it is that's exciting about a particular NFT or owning that NFT — generally more so in like the collecting things that you love and meeting other like minded people and being in interesting communities." The team decided to move away from 'Fractional' — a name that "sounds like a DeFi protocol," according to Chorlian — in favor of 'Tessera' because of the word's dual meaning and resonance with the vision for the platform: "It is the name of a tile used to create mosaic artwork, and the other use… is the idea of a membership pass or an identity card, and that really hit two of the main things that we think our product and NFTs in general are cool and exciting for." Episode 77 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and Tessera co-founder and CEO Andy Chorlian. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Tron, Chainalysis &IWC Schaffhausen About Tron On August 1st, 2022, Poloniex launched a faster and more stable trading system along with a brand new user interface. Poloniex was founded in January 2014 as a global cryptocurrency trading platform. With its world-class service and security, it received funding in 2019 from renowned investors, including H.E. Justin Sun, Founder of TRON. Poloniex supports spot and margin trading as well as leveraged tokens. Its services are available to users in nearly 100 countries and regions with various languages available. For more information visit Poloniex.com About Chainalysis Chainalysis is the leading blockchain data platform. We provide data, software, services, and research to government agencies, exchanges, financial institutions, and insurance and cybersecurity companies in over 60 countries. Backed by Accel, Addition, Benchmark, Coatue, Paradigm, Ribbit, and other leading firms in venture capital, Chainalysis builds trust in blockchains to promote more financial freedom with less risk. For more information, visit www.chainalysis.com. About IWC Schaffhausen IWC Schaffhausen is a Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Known for its unique engineering approach to watchmaking, IWC combines the best of human craftsmanship and creativity with cutting-edge technology and processes. With collections like the Portugieser and the Pilot's Watches, the brand covers the whole spectrum from elegant timepieces to sports watches. For more information, visit IWC.com

Unchained
Why Kevin Zhou Believes Ethereum Will Have 3 Forks After the Merge - Ep. 381

Unchained

Play Episode Listen Later Aug 5, 2022 79:10


Kevin Zhou, co-founder of Galois Capital, comes to talk about the possibility of a Proof of Work chain on Ethereum after the Merge, the LUNA death spiral, how he plans to play the Merge, and much more...    Show highlights: how Kevin got started in crypto  what Galois Capital is and what its investment thesis is why Kevin was more vocal than most about the possibility of the LUNA death spiral whether Kevin made money out of the Terra collapse and what was his strategy what the difficulty bomb in Ethereum is the potential scenarios that could arise after the Merge whether the public is not considering the risks of the Merge how the fact that everybody was telling the same narrative about ETH made Kevin suspicious how Chandler's statement about forking Ethereum made it a lot more likely that it would happen the groups behind the encouragement of a proof-of-work Ethereum chain whether there is a value proposition for a Proof of Work chain how Kevin used The Cryptopians to remember how the DAO fork went what replay protection is and why it is important when forking a chain why anyone would want to keep the difficulty bomb in a potential proof of work chain Kevin's predictions about the market cap of the potential Ethereum forks how a proof of work chain of Ethereum would function without the biggest stablecoins like USDT and USDC whether Tether is going to support Ethereum 2 why Kevin writes using metaphors related to history and gaming and how those analogies relate to Ethereum how Kevin wanted to “stick it” to the Ethereum Foundation by offering his services whether Vitalik trolled Kevin on Twitter whether Kevin will apply the same strategy he used with ETC after the DAO fork   Thank you to our sponsors!   1inch:  https://1inch.io/   Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021       Kevin Twitter: https://twitter.com/Galois_Capital     ETH2 What is the Merge?: https://ethereum.org/en/upgrades/merge/   Proof of Work Chain Kevin's analogy: https://twitter.com/Galois_Capital/status/1554053321165512705?s=20 Haseeb's answer to Kevin's arguments: https://twitter.com/hosseeb/status/1554163977806000128?s=20 Chandler Guo's proposal: https://decrypt.co/106409/prominent-chinese-ethereum-miner-wants-to-resist-merge-create-fork Kevin's consulting offer: https://twitter.com/Galois_Capital/status/1553090706708856832?s=20 BitMEX researchers on the possibility of an Ethereum PoW chain: https://blog.bitmex.com/ethpow-vs-eth2/ CoinDesk article: https://www.coindesk.com/layer2/2022/08/03/who-will-mine-ethereum-after-its-gone/ Poloniex's announcement: https://twitter.com/poloniex/status/1555085757450272768?s=21&t=jkjNGieNXdY5SgT2e9xhoQ Justin Sun's support of ETHW: https://twitter.com/justinsuntron/status/1555112296006922240?s=21&t=jkjNGieNXdY5SgT2e9xhoQ  

The Fintech Blueprint
NEAR Foundation CEO Marieke Flament on building USDC issuer Circle, business neobank Mettle, and growing the NEAR ecosystem

The Fintech Blueprint

Play Episode Listen Later May 13, 2022 46:35


In this conversation, we chat with Marieke Flament, CEO of Near Foundation. Marieke is a French-born computer engineer who has worked across the globe in a diverse range of companies that include Boston Consulting Group, LVMH, and Expedia's Hotels.com. In her previous role, she was Managing Director of Europe and Global CMO for Circle, one of the world's largest crypto companies. At Circle, she pioneered the consumer application of blockchain, taking several products to market and building a user base of over two million in less than two years. She also helped move the blockchain agenda forward by working with key decision makers, including governments and financial policy makers across Europe. She is passionate about exploring the ways in which technology can be used to change people's lives and is an advocate for diversity and inclusion in finance and technology. Marieke was recognised in the Women in FinTech Powerlist for 2019 and frequently provides media commentary on technology and the future of finance. More specifically, we touch on the journey from Fintech Web2 to Layer-1 protocols and Web3, the neobanking ecosystem and comparatives, the role of the NEAR protocol and its Foundation, the three foundational pillars of NEAR, and so so much more!

Unchained
How Justin Sun Has Allegedly Tried to Manipulate Markets and Escape Regulation - Ep.329

Unchained

Play Episode Listen Later Mar 11, 2022 40:02


Chris Harland-Dunaway, a freelance reporter for The Verge, talks about his most recent investigative story on Tron founder Justin Sun, which details a long string of questionable decisions and actions by Sun. Show topics: why Justin Sun fled China after the Tron ICO why Chris's 15 sources were granted anonymity for this story why Chris believes that Tron's market-making team was performing insider trading how Justin Sun has tried to evade US securities law what “Operation Couch Cushions” was and how it led to 300 BTC being sent to Poloniex where Justin Sun is looking for citizenship what Chris knows about a grand jury investigation into Justin Sun what Justin Sun had to say about Chris' allegations Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021    Coinchange: https://coinchange.io   Episode links:    Christopher Harland-Dunaway: https://twitter.com/ChrisHDeee  Justin Sun: https://twitter.com/justinsuntron    Chris' articles on Justin in The Verge: March 2022: https://www.theverge.com/c/22947663/justin-sun-tron-cryptocurrency-poloniex  September 2020: https://www.theverge.com/platform/amp/21459906/bittorrent-tron-acquisition-justin-sun-us-china    Justin Sun's rebuttal https://twitter.com/justinsuntron/status/1501626464596201472    Chris' previous Unchained appearance ​​https://unchainedpodcast.com/abuse-and-ethical-lapses-what-happened-when-justin-sun-acquired-bittorrent/ 

Love Your Work
274. Summary: Balaji Srinivasan – Centralized China vs Decentralized World – The Tim Ferriss Show #547

Love Your Work

Play Episode Listen Later Mar 10, 2022 21:36


What will the future look like? In his most recent November appearance on the Tim Ferriss Show, entrepreneur and investor Balaji Srinivasan presents a cohesive explanation of the current world, and plausible scenarios of how things will play out. I found Balaji's theories so mesmerizing, I listened to the four-and-a-half-hour podcast several times, then read and took notes on the transcript. Listening to this episode was like reading a book, so – like I do with my book summaries – I wanted to improve my own understanding of the content. So, here is a podcast summarizing a podcast, in my own words. Needless to say, the podcast is worth listening to, and since this is just a summary, you should absolutely listen to it – over on The Tim Ferris Show – to get the full context. The decline of the nation state One of the main forces at play in world events, according to Balaji, is the decline of nation states. He presents this idea in reference to a prescient twenty-five year-old book called The Sovereign Individual, which he cites in this podcast appearance and others. Since the nation state is declining, it is becoming increasingly difficult for countries to control their citizens. When it's hard to control citizens, it's hard to collect tax revenue to fund institutions. This loss of control is accelerating with the rise of remote work, catalyzed by the coronavirus pandemic. As more people have been able to work from anywhere, they've become increasingly aware of how local laws and taxes affect their lives. The power of “exit” The control of a nation state over its people is limited to the extent that people have the right to what Balaji summarizes as “exit.” If you're unable to leave a place, either because the government is oppressive, or because you're tied down because, say, you have land to tend and a flock of sheep, the government has more leeway in what policies they can enforce. Citizens as “customers” If people can exit their jurisdictions – whether that's a country, a state, or a city – then citizens stop being “subjects” that jurisdictions can extract resources from, and start being “customers,” that jurisdictions want to appeal to. We've of course seen this for a long time, as cities have given tax breaks or other perks to compete over companies shopping for jurisdictions in which to place their corporate headquarters. But citizens are starting to look more like customers as smaller players have exited en masse. For example, lots of people and companies have been leaving California for Texas, in search of less state control. Balaji points out that not everyone has to exit to influence policies, but the fact that some do is tremendous leverage on any system. Crypto entrepreneurs call New York's bluff An example Balaji cites of this struggle happened when New York state introduced the BitLicense – a series of regulations required for companies to do certain kinds of cryptocurrency transactions. Balaji characterizes New York's posture in introducing these regulations as “We're New York. What are you going to do? We're the center of the world.” At least ten crypto companies then left New York, including Kraken, Bitfinex, and Poloniex. In some cases they had to pack up and move. In other cases they just stopped servicing New York customers. New York apparently overestimated their leverage, and companies left for other jurisdictions, who were more accommodating to their “customers.” Declining returns on state violence Something Balaji doesn't talk about much but that is a major theme in The Sovereign Individual – and is relevant to the decline of state control – is declining returns on violence, at least at the state level. You can think of a nation state as a collection of people who contribute taxes in exchange for protection. Serfs used to pay, to their feudal lords, the returns of farming on their plots of land, in exchange for protection. Businesses in organized-crime-controlled neighborhoods pay a fee to the mob so their businesses won't “burn down.” U.S. taxpayers pay taxes, the U.S. keeps a strong military that defends the interests of those taxpayers, and protects U.S. taxpayers' green-bill privilege by ensuring the U.S. dollar remains the world's reserve currency. A relevant observation that stands out to me: Sapiens author Yuval Noah Harari once essentially said that wars used to be about control over natural resources. You can invade a country and get control over such resources, and maybe even control over labor. But China can't invade Silicon Valley, force all the engineers and entrepreneurs to work, and by doing so extract the resources there. That's a decline in the returns on violence, on the state level at least. Centralized China vs. decentralized world The main conflict Balaji sees playing out in twenty to forty years is between “centralized China” and “decentralized world.” China is a nation-state, and one of the main forces at play is the decline of the nation state, so how does that work? What is centralized China? As Balaji describes it, China is the most centralized government. It has “root” access to everything – much like you have over your computer if you have the root password. We're seeing that in the coronavirus pandemic: If there's a couple cases in a city, China can and will shut down everything, and they have total surveillance over their citizens. This high degree of centralization will be, according to Balaji, an advantage in the short- and medium-term. It's been an advantage in the coronavirus pandemic. I think the implication is that in an interconnected world with so much technological power, being highly-centralized is the only way for a government to retain control over its citizens, and thus extract resources to keep itself running. How do we get to “decentralized world?” If Balaji thinks it will take twenty to forty years for China's centralized model to cease being an advantage, that implies that a “decentralized world” will emerge as an opposing force within that twenty to forty years. So as less-centralized governments lose the ability to stay together and fund themselves from their citizens, that will fragment into smaller jurisdictions – sometimes based upon geography, other times based upon ideology. From that no-doubt messy process would emerge new models for organizing people and resources. These new models would rise to become so much better that they rival the reigning world power in this scenario – China. Sidenote from me on guns, germs, and innovation The idea of fragmented jurisdictions competing and developing “better” models makes me think of the theories presented by Jared Diamond in Guns, Germs, and Steel. Diamond theorizes that Europe came to dominate the West hundreds of years ago because Europe had itself fragmented into many competing nation states. Europe's east-west orientation also meant new methods of agriculture or livestock management easily travelled from one jurisdiction to another. If a new method was developed in Spain, it could be used in France. Those two nation-states would then compete to improve that method, along with other neighboring countries, and any improvements could easily be traded back and forth, thus optimizing a “better” method. (I say “better” in air quotes because obviously European dominance of the West is morally unsavory. Their methods were “better” merely from a game-theory standpoint: If there is one playing field – in this case, the world – the player with Europe's set of characteristics probably gains control over that playing field in most scenarios. Other methods could be considered better, depending upon by what criteria you rate them.) Since agricultural technology was so important to the success of a nation at that stage of global development, the portability of technology depended a lot upon climate – thus Diamond's theory that continents with long east-west axes, and thus similarity in climates amongst jurisdictions – innovated rapidly. But in a world where innovation in digital technologies is so important, technological innovations are more portable, and so an idea can be iterated upon and improved within every jurisdiction in the world. The three-way struggle for power: woke capital, communist capital, crypto capital Balaji presents a theory of three forces that are and will continue to be struggling for power over the coming decades. I think the implication here is many “jurisdictions” will emerge with various levels of these values. As these jurisdictions compete, some will emerge as “winners” that collectively act as a “decentralized world,” which competes with centralized China. Those three forces are: woke capital, communist capital, and crypto capital. The three organizations that represent each of these, respectively are: The New York Times, the Chinese Communist Party, and Bitcoin. A little more about each of these: Woke Capital: As embodied by NYT, says, “you should sympathize.” Communist Capital: As embodied by CCP, says, “you should submit.” Crypto Capital: As embodied by BTC (or Bitcoin maximalists, in its extreme), says, “you should be sovereign.” Both woke capital and crypto capital essentially say “you are powerful…” But woke capital finishes that sentence with “…and you should apologize for that power.” Crypto capital finishes “you are powerful...” by saying “…and you should be self-sufficient.” Communist capital instead of “_you_ are powerful,” says “_we_ are powerful…” but, like woke capital, encourages a posture of submission or bowing down as you make yourself subservient to that power. Crypto capital on the other hand encourages a confident posture with head held high. An optimal “decentralized center” Any of these forces taken to their extreme is bad. Different jurisdictions will embody different mixes of these values, and, Balaji hopes, we'll reach an optimal “decentralized center.” We'll hopefully have a decentralized world, with a good mixture of concern for one's fellow human, self-sufficiency and personal responsibility within the populace, and some degree of control by competent leaders and organizations who are qualified to make decisions for large swaths of people. State-controlled press, or a press-controlled state? The New York Times, and the American press at-large, seem to be the incumbents in America, and maybe it's because Balaji leans toward crypto capital himself – he's the former CTO of Coinbase – that he spends a good portion of the conversation criticizing the press. A resonant quote Balaji says is common: “If China's got a state-controlled press, America's a press-controlled state.” In other words, in China, politicians fire journalists. In the U.S., journalists get politicians fired. Are journalists competent? If journalists have so much influence over politics, Balaji poses the question, Why isn't the U.S. establishment led by more competent people? The media has so much influence over American politics, our remaining leaders are those who are best at using the media to gain power, not those who are actually competent in their domains. By contrast, Balaji says, the Chinese system is led by people who think more like Venture Capitalists or technologists. They can think ahead and plan for various scenarios. He cites China's decision to block outside social media companies starting way back in 2009 as prescient, probably preventing an Arab Spring-like uprising. Since the U.S. establishment do not think like VCs or technologists, they don't actually know how the world works. So everything is a surprise. As Balaji says, “the U.S. establishment [is] always behind the eight ball. Lehman is a surprise. Bear is a surprise. COVID is a surprise. Trump is a surprise. Afghanistan's a surprise. Everything is a surprise.” He presents as examples various article titles by American journalists, such as “Why Facebook Will Never Make a Significant Profit,” “Amazon.bomb,” or “Google's Toughest Search is for a Business Model.” He says, “These journos are not off by 50 percent. You can't just read their article and think you're being sophisticated by discounting it. Their mental model of the world is often off by 10,000 or a hundred thousand X.” Yet news organizations, which are for-profit endeavors, advertise themselves as arbiters of facts. Fox News used the tagline, “fair and balanced.” The Washington Post's masthead says, “Democracy Dies in Darkness,” and The New York Times ran a billboard in Times' Square that just said “Truth.” Russell's conjugation A weapon in the struggle amongst the forces of woke, communist, and crypto capital is Russell's conjugation, also known as emotive conjugation. Russell's conjugation is using different words, with different emotional valence, to describe the same thing. When philosopher Bertrand Russell talked about it on a BBC broadcast in 1948, he used the example, “I have reconsidered the matter, you have changed your mind, he has gone back on his word.” Balaji uses the example, “he doxes, she leaks, but the New York Times investigates,” pointing out that newspapers are essentially for-profit intelligence agencies. An average person can't just dig through somebody's trash and put them under surveillance, but that's what newspapers do. Obviously anyone can use Russell's conjugation, but since the media has so much power to shape our conception of reality it's especially dangerous in their hands. (If the idea of the media shaping our reality is news to you, read my summaries of media theory books such as Understanding Media, The Image, and Amusing Ourselves to Death). An example Balaji cites of Russell's conjugation in action is that the New York Times, in 2012, published an article called “How Punch Protected the Times”, about how dual-class stock helped keep the newspaper in the hands of the Sulzberger family. But in 2019, they criticized Facebook's use of dual-class stock by publishing “You Can't Fire Mark Zuckerberg's Kid's Kids”. (To be fair, they were both opinion columns.) Will the U.S. seize Bitcoin? The main force that will lead the move toward decentralization is Bitcoin. But will Bitcoin keep growing in influence, or will it be made irrelevant? Since China recently cut off mining of Bitcoin within their borders, Balaji says it's unlikely there will be a successful technical attack on Bitcoin. China was the biggest potential threat on that front, and Bitcoin survived. Threats to Bitcoin There's still some possibility of software attacks, such as a “zero day” attack, a very popular client having a vulnerability, a supply chain attack in which a library is included in the code and isn't caught, or quantum decryption being developed before quantum encryption. One potential threat to Bitcoin is the U.S. government seizing Bitcoin, much like F.D.R. did with gold in 1933. With executive order 6102, F.D.R. made it illegal to “hoard” gold coins, bullion, and certificates (which I notice was a nice Russell conjugation: Instead of “hoarding,” he could've called it “saving.”) Everyone had to turn in their gold, in exchange for a low, fixed price, so the Federal Reserve could issue more gold-backed money. Could the government do the same for Bitcoin? History running in reverse Balaji considers this an unlikely scenario, or at least a scenario unlikely to be successful, because “history is running in reverse.” That is, in 1933, the world was moving toward centralization, and today, the world is moving away from centralization. Balaji sees the peak of centralization as 1950, when there was one telephone company (AT&T), two superpowers (U.S. and U.S.S.R.), and three television stations (ABC, CBS, and NBC). Moving toward that, the Western frontier closed, the Spanish flu pandemic spread, there was the rise of the “robber barons” and private banking, the right and left were fighting in the streets, and inflation ran rampant in Weimar, Germany. Moving in reverse, we have the internet frontier opening, the COVID pandemic, the rise of tech billionaires and crypto, the right and left fighting in the streets, and what Balaji describes as “Weimar, America,” with accelerating inflation. Additionally, in 1933, F.D.R. had the world's smartest people helping him in his Brain Trust. Today, the smartest people are no longer working with the government. So, Balaji feels that if the U.S. were to attempt to seize Bitcoin, they wouldn't be able to pull it off, because history is running in reverse. I'll add that it seems that would be a tough thing to justify to the public. Executive order 6102 was at least ostensibly for the purposes of making sure the currency was backed by enough gold. I struggle to imagine a palatable justification for seizing Bitcoin from private citizens. The DeFi Matrix A big idea Balaji talks about and that Tim Ferriss agrees is a big idea is the “DeFi Matrix.” Turning an asset into money is called a “liquidity event,” because money is a liquid asset. But, increasingly, every asset can simply be traded directly for another asset, on the DeFi Matrix. For example, it's extremely easy to exchange any cryptocurrency for any other cryptocurrency. Supposedly, the DeFi Matrix will make it possible to price things we couldn't price before. Balaji uses examples such as a megabyte on your hard drive, a JPEG, or a minute of your time (which I already do on Clarity.fm). He describes this as being like when every newspaper went online and Google News was indexing all of them. Suddenly they were all competing against each other, and local newspapers that were just syndicating AP stories couldn't compete anymore. Bitcoin as a world government Are you struggling to see the connection there? If all assets can be exchanged directly for one another, then currencies are no longer dependent upon geography. Suddenly, smaller countries such as Switzerland, Singapore, or Dubai, have an opportunity to compete with their currencies on a global scale. They can add privacy features or Bitcoin backing. So even if you don't trade a megabyte on your hard drive directly for a cup of sugar, you can at least more-easily choose what liquid currency you convert to. This makes Bitcoin as like a world government, placing a constraint on every state. If a country spends more than they have, people who hold the currency can “exit” to BTC, or the DeFi Matrix. Honorable mention I've covered the main thread of this conversation, but it's extremely wide-ranging, and this summary is of course no substitute for actually listening to the conversation. Some ideas I'd like to give honorable mention, which you'll learn more about if you listen to the episode, are: Bitcoin as a “money battery,” that uses the surplus of renewable energy sources Blockchain explorers as the stealth threat to search engines How data becomes money when stored on the blockchain, thus making blockchain companies more secure How data stored on the blockchain makes it difficult to spread falsehoods What it means to be a “capital allocator,” and why we need more of them The principle/agent problem, and how automation will relegate management to the arrangement of automation Unbundling and rebundling Why San Francisco is like a terrible product with great legacy distribution How city coins will turn NIMBY into YIMBY Bitcoin as a parallel to the Protestant Reformation There you have it. I wish I knew enough to intelligently disagree with Balaji somewhere, but I personally wanted to digest the conversation, as it's a wide-ranging and cohesive picture that gives the appearance of being correct. Go listen to the full episode to learn more. Image via Flickr: TechCrunch Mind Management is a Kindle Deal! Amazon has hand-selected Mind Management, Not Time Management for a promotional discount. It's only $2.49 on Amazon.com and Amazon.ca. Offer ends March 31st, so grab it now! About Your Host, David Kadavy David Kadavy is author of Mind Management, Not Time Management, The Heart to Start and Design for Hackers. Through the Love Your Work podcast, his Love Mondays newsletter, and self-publishing coaching David helps you make it as a creative. Follow David on: Twitter Instagram Facebook YouTube Subscribe to Love Your Work Apple Podcasts Overcast Spotify Stitcher YouTube RSS Email Support the show on Patreon Put your money where your mind is. Patreon lets you support independent creators like me. Support now on Patreon »     Show notes: http://kadavy.net/blog/posts/balaji-srinivasan-tim-ferriss-summary-centralized-china-decentralized-world

The Gentlemen of Crypto
POLONIEX DIES & Bakkt CEO Becomes Senator | TGoC

The Gentlemen of Crypto

Play Episode Listen Later Dec 6, 2019 20:05


The Gentleman of Crypto is a daily live broadcast that explores Bitcoin and cryptocurrency market. We discuss international topics, news updates, and future innovations in blockchain, digital currencies and assets, fintech, and more. The Gentlemen of Crypto EP - 512 https://cointelegraph.com/news/bakkt-ceo-kelly-loeffler-appointed-to-us-senate-seat https://cointelegraph.com/news/circle-to-charge-fees-on-us-based-poloniex-traders-crypto-after-dec-16 https://cointelegraph.com/news/crypto-exchange-gemini-burnt-one-fifth-of-its-gusd-stablecoin-supply https://www.coinspeaker.com/eos-now-available-on-etorox-exchange/   #bitcoin #cryptocurrency #altcoins #cryptonews Support "The Gentlemen of Crypto" by using our referral link to download the Brave Browser. https://brave.com/krb666 We are Ambassadors for Cryptic Coin and will be giving away free coins to everyone who downloads the wallet!! Post your address and you will receive free coins!! https://crypticcoin.io/ Learn how to become a Crypto expert here: https://krbecrypto.com/join/ Subscribe to our YouTube channel here: https://www.youtube.com/krbecrypto Follow us on Twitch here: https://www.twitch.tv/krbecrypto ********************************** Connect with us online at the following places: KRBE Digital Assets Group • Website: https://krbecrypto.com/ • Newsletter: https://krbecrypto.com/join/ • Services: https://krbecrypto.com/services/ • KRBE Steemit: https://steemit.com/@krbecrypto • TGoC Podcast: http://pca.st/hdVR SOCIAL • KRBE Twitter: https://twitter.com/krbecrypto • KRBE Facebook: https://www.facebook.com/krbecrypto/ • KRBE Instagram: https://www.instagram.com/krbecrypto/ • King Twitter: https://twitter.com/KingBlessDotCom • Bitcoin Zay Twitter: https://twitter.com/bitcoinzay Business Inquiries: krbe@krbecrypto.com Support the stream: https://1upcoin.com/donate/youtube/krbecrypto (Bitcoin, Litecoin, Ethereum, Bcash) Donations welcome, but not necessary! Thanks for watching and remember to subscribe for daily videos where we give away free Bitcoin! ***Not a whole Bitcoin, a few dollars USD worth*** ------------------------------------------------------------------------------------------------------------ **This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.**

The Gentlemen of Crypto
DEATH of Poloniex & FAKE TOR Browser | TGoC

The Gentlemen of Crypto

Play Episode Listen Later Oct 22, 2019 21:10


The Gentleman of Crypto is a daily live broadcast that explores Bitcoin and cryptocurrency market. We discuss international topics, news updates, and future innovations in blockchain, digital currencies and assets, fintech, and more. The Gentlemen of Crypto EP - 491 https://cointelegraph.com/news/bitcoin-is-already-at-40-of-average-fiat-currency-lifespan-10-years https://www.coindesk.com/circle-to-spin-out-poloniex-exchange-less-than-2-years-after-400-million-takeover https://cointelegraph.com/news/fake-tor-browser-steals-bitcoin-from-darknet-users-warns-eset https://cointelegraph.com/news/cointelegraph-blocked-in-russia https://cointelegraph.com/news/ex-ceo-of-google-africa-bitcoin-a-gift-that-will-change-humanity #bitcoin #cryptocurrency #altcoins #cryptonews Support "The Gentlemen of Crypto" by using our referral link to download the Brave Browser. https://brave.com/krb666 We are Ambassadors for Cryptic Coin and will be giving away free coins to everyone who downloads the wallet!! Post your address and you will receive free coins!! https://crypticcoin.io/ Learn how to become a Crypto expert here: https://krbecrypto.com/join/ Subscribe to our YouTube channel here: https://www.youtube.com/krbecrypto Follow us on Twitch here: https://www.twitch.tv/krbecrypto ********************************** Connect with us online at the following places: KRBE Digital Assets Group • Website: https://krbecrypto.com/ • Newsletter: https://krbecrypto.com/join/ • Services: https://krbecrypto.com/services/ • KRBE Steemit: https://steemit.com/@krbecrypto • TGoC Podcast: http://pca.st/hdVR SOCIAL • KRBE Twitter: https://twitter.com/krbecrypto • KRBE Facebook: https://www.facebook.com/krbecrypto/ • KRBE Instagram: https://www.instagram.com/krbecrypto/ • King Twitter: https://twitter.com/KingBlessDotCom • Bitcoin Zay Twitter: https://twitter.com/bitcoinzay Business Inquiries: krbe@krbecrypto.com Support the stream: https://1upcoin.com/donate/youtube/krbecrypto (Bitcoin, Litecoin, Ethereum, Bcash) Donations welcome, but not necessary! Thanks for watching and remember to subscribe for daily videos where we give away free Bitcoin! ***Not a whole Bitcoin, a few dollars USD worth*** ------------------------------------------------------------------------------------------------------------ **This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.**

The Gentlemen of Crypto
Binance + Alipay, RIP Poloniex Legends

The Gentlemen of Crypto

Play Episode Listen Later Oct 14, 2019 19:23


The Gentleman of Crypto is a daily live broadcast that explores Bitcoin and cryptocurrency market. We discuss international topics, news updates, and future innovations in blockchain, digital currencies and assets, fintech, and more. The Gentlemen of Crypto EP - 485 #bitcoin #cryptocurrency #altcoins #cryptonews Support "The Gentlemen of Crypto" by using our referral link to download the Brave Browser. https://brave.com/krb666 We are Ambassadors for Cryptic Coin and will be giving away free coins to everyone who downloads the wallet!! Post your address and you will receive free coins!! https://crypticcoin.io/ Learn how to become a Crypto expert here: https://krbecrypto.com/join/ Subscribe to our YouTube channel here: https://www.youtube.com/krbecrypto Follow us on Twitch here: https://www.twitch.tv/krbecrypto ********************************** Connect with us online at the following places: KRBE Digital Assets Group • Website: https://krbecrypto.com/ • Newsletter: https://krbecrypto.com/join/ • Services: https://krbecrypto.com/services/ • KRBE Steemit: https://steemit.com/@krbecrypto • TGoC Podcast: http://pca.st/hdVR SOCIAL • KRBE Twitter: https://twitter.com/krbecrypto • KRBE Facebook: https://www.facebook.com/krbecrypto/ • KRBE Instagram: https://www.instagram.com/krbecrypto/ • King Twitter: https://twitter.com/KingBlessDotCom • Bitcoin Zay Twitter: https://twitter.com/bitcoinzay Business Inquiries: krbe@krbecrypto.com Support the stream: https://1upcoin.com/donate/youtube/krbecrypto (Bitcoin, Litecoin, Ethereum, Bcash) Donations welcome, but not necessary! Thanks for watching and remember to subscribe for daily videos where we give away free Bitcoin! ***Not a whole Bitcoin, a few dollars USD worth*** ------------------------------------------------------------------------------------------------------------ **This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.**

What Bitcoin Did
Nicholas Percoco on Defending the Crypto Honeypot - WBD129

What Bitcoin Did

Play Episode Listen Later Jul 23, 2019 85:41


Exchange hacks have been a constant thorn in the side of the industry. Where a physical bank robbery of $millions will make headline news, a +$100m exchange hack will barely break out of the crypto news media. Exchange hacks are now so commonplace that a recent report from Ledger's CEO Eric Larcheveque found that the equivalent of $2.7 million a day was stolen from exchanges last year. Almost all major exchanges have experienced a hack of some kind, from Mt. Gox which could have destroyed the industry to Poloniex and Bitfinex, and more recently Binance and Cryptopia, the list goes on and on.  As such, security is one of the biggest challenges faced by any exchange and there are very few that haven't suffered from a breach, one that has managed to remain unscathed is Kraken. With attacks becoming more sophisticated and hackers working 24/7 to find vulnerabilities how is that Kraken has managed to succeed where so many others failed? The man in charge of this roll at Kraken is Nick Percoco, their Chief Security Officer. In this interview we discuss: Ethical hacking Finding critical vulnerabilities in iOS Vulnerability brokers Kraken's company-wide security culture The difficulties in disclosing vulnerabilities Kraken Security Labs