Podcasts about ZK

WisdomTree's Head of Digital Asset's Will Peck joins us for Episode #1 of Convergence, our new institutional product for sophisticated investors in partnership with Jacquelyn Melinek and StrataMedia.WisdomTree's onchain assets went from $30 million to over $1 billion, and Will Peck says money market funds did the heavy lifting. On episode one of Convergence, Will explains why tokenized funds complement stablecoins rather than compete with them, and how WisdomTree got SEC exemptive relief to let a tokenized money market fund trade 24/7 through a broker dealer. He also pushes back on the private-markets tokenization thesis, arguing illiquidity isn't a record-keeping problem. Will Peck is the Head of Digital Assets at WisdomTree, a global asset manager and ETF sponsor with roughly $170 billion in assets under management.Convergence is powered by The Rollup and StrataMedia, covering the convergence of legacy finance and onchain finance.Timestamps:00:00 Intro02:52 What Convergence Actually Means04:30 Why WisdomTree Started In 201805:38 Exporting US Capital Markets08:56 Institutional Versus Retail Distribution10:32 The Innovation Exemption Explained13:14 DTCC's Forty Firm Pilot16:00 Three Models Of Tokenization19:35 Why WisdomTree Chose Issuer-Led21:10 Thirty Million To One Billion22:45 What Drives The Next Era25:05 Why Private Markets Aren't It28:05 Who Wins The Tokenization Wave30:14 The Perfect Storm For Adoption33:08 WisdomTree's North StarGuest Socials:Will Peck X: https://x.com/wbpeckWisdomTree X: https://x.com/wisdomtreeprimeWisdomTree Website: https://www.wisdomtreeprime.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

CMS Holdings operator Dan joins us for a conversation about positioning for the next bull market.Tokenized equities end up bigger than stablecoins, and Dan Matuszewski thinks most people have the reason wrong. It isn't about 24/7 trading or DeFi composability. It's that an enormous share of the world wants to own Nvidia and structurally can't, exactly the gap Tether filled for dollars. He also pushes back on the barbell everyone's crowding into, and makes the contrarian case that L1s are underrated because nobody can articulate why you'd own them.Dan Matuszewski is the Co-Founder of CMS Holdings and previously ran one of crypto's largest OTC trading desks.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro03:13 Altcoin Open Interest Signal04:33 Reading The Winners Basket06:38 Ten Days, 162 Percent of Gains08:17 The Barbell Portfolio Thesis10:39 Everyone Owns The Same Bag14:59 Who's The Next Marginal Buyer17:40 Institutional Adoption Is Still A Joke21:32 Moneyiness Is The Moat24:40 Centralization Stopped Bothering Us27:22 What Happens To Infra29:18 Crypto Needs To Behave31:16 Tokenized Equities Beat Stablecoins34:22 Who Captures Tokenization Value37:33 Where Social Trading GoesGuest Socials:CMS Holdings X: https://x.com/cmsholdingsCMS Holdings Website: http://cmsholdings.io/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Raagulan Pathy says KAST becomes a $100 billion company or it fails outright. There's no in-between, and he explains exactly why on this episode. The KAST founder and Frax's Sam Hamidi-Kazemian debate what's actually driving the neo bank and stablecoin boom, why regulators are starting to treat stablecoins as a national priority, and whether brand, network effects, or raw economies of scale end up being the real moat.Raagulan Pathy is the Founder and CEO of KAST, a stablecoin-powered neo bank. Sam Hamidi-Kazemian is the Founder of Frax Finance, the protocol behind the FRAX stablecoin ecosystem.Stable Up is Rollup's weekly stablecoin show, powered by Frax.00:00 Intro02:07 Stablecoins Growing Independent Of Price04:14 Banking Is Being Unbundled Now06:13 Stablecoins Eating Traditional Banking Share08:18 The World Wants A US Bank Account10:25 Genius Act Stablecoin Explosion Chart12:27 Robinhood Chain And Tokenized Equity Access14:38 Sam Announces New Platform Feature16:39 Global KYC Identity Layer Explained18:42 One Login Infinite Financial Products20:54 Collaboration Not Competition Strategy22:57 Genius Act Was The First Domino25:09 Everyone Wants Access To US Capital Markets27:11 Economies Of Scale Is The Real Moat29:13 Neo Banks Throwing Hands Up Daily31:21 Neo Bank Wave Now Shaking Out33:22 Onboarding Friction Killed Most Neo Banks34:48 Trust And Customer Service Build The MoatGuest Socials:Sam Kazemian X: https://x.com/samkazemianFrax Finance X: https://x.com/FraxFinanceFrax Finance Website: https://frax.com/Raagulan Pathy: raagulanpathyKAST X: https://x.com/kastxyzKAST Website: https://www.kast.xyz/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

John Gillen says Ethereum could hit $4,000 before the end of the year, and he's been making that case in a viral essay series called Wartime Ethereum. The ex-BlackRock analyst and Milk Road Daily Show host breaks down why tokenization and stablecoins are converging on ETH, why he thinks Wall Street is about to adopt it as its new favorite asset, and who he believes the next wave of buyers actually is.John Gillen is a host of the Milk Road Daily Show and a former BlackRock analyst who spent six years working on the Aladdin platform, including time with the firm's digital assets team.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.00:00 Intro02:21 Wartime Ethereum Article Origin Story04:30 ETH Worth Zero Or Everything06:13 Tokenization Exemption Coming After Clarity Fails08:18 190 Million ETH Holders Globally10:33 Uncanny Valley Of Wealth Explained12:44 Blackrock ETF Leader On Converting Gamblers14:55 Meme Coins As Portfolio Onboarding17:06 Samara Cohen Blackrock Quote On Investors19:14 Next Marginal Buyers Are Institutions21:16 Pay Gas Fees In USDC Coming23:00 USDC Gas Fees Radically Expand ETH MarketGuest Socials:John Gillen X: https://x.com/BitcoinJesusETHMilk Road Crypto X: https://x.com/MilkRoadDailyMilk Road Crypto Website: https://milkroad.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Felix Jauvin says he's as bullish as he ever has been on digital assets and thinks the bottom is in.He's also been quietly rotating Bitcoin into Zcash and he lays out exactly why. The Blockworks Head of Content walks through the SEC's new tokenization exemption, why he thinks 75% of crypto tokens still have no real claim on value, his read on whether the Fed hikes in September. He explains Bessent's bond buying & the relationship with the Fed & Treasury.We end up discussing the barbell portfolio he's building around Bitcoin, Gold, and Zcash and revenue-producing onchain businesses like Hyperliquid, Lighter, PUMP and others.Felix Jauvin is Head of Content at Blockworks and the network's in-house macro voice, covering the intersection of crypto, monetary policy, and on-chain finance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.00:00 Intro02:08 SEC Tokenization Exemption Coming04:14 Reset Your Priors On Everything06:09 Lending Is Going To Explode10:33 Revenue Meta Was The First Signal12:44 DeFi Is Now Just Finance14:55 Tokenized Equities Change The TAM17:06 Institutions See Tokens As Equities Now19:14 Quantum Risk Bitcoin Vs Zcash Debate23:51 Who Are The Next Marginal Buyers28:05 Felix Bought SPCX After Using Grok32:28 Tokens And Equities Are Converging36:58 What Gets Us To All Time HighsGuest Socials:Fejau X: https://x.com/fejau_incBlockworks X: https://x.com/blockworksBlockworks Website: https://blockworks.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Nick Forster is the CoFounder and CEO of Derive.Could Derive V3 do for options, what Lighter did for perps on Ethereum?!In this episode of DeFi Frontier, Nick returns to to walk us through what to expect when Derive V3 ships this month of September: a ZK application that collapses the exchange, execution layer, and settlement into one stack, making institutional onboarding as simple as a few lines of code.He covers the decision for where they will deploy V3 and why Ethereum seems most likely to be V3's future home. We also discuss what the new arrival of tokenized stocks and RWAs means for onchain options and how big the TAM still is for onchain options.------

Dan Held joins us to unpack what it means to become a generational investor in today's world. For reference, he bought Bitcoin in 2012 and recently sold a lot to pour it into SpaceX, and says the thesis has barely started. The longtime Bitcoin investor lays out why Starship's collapsing launch costs could unlock a total addressable market bigger than global GDP, why he thinks this cycle just bottomed at $81,000 on the back of the Fed's bond-buying, and why Zcash's run looks more like a crowded trade than a real discount.Dan Held is an independent investor and Bitcoin OG who bought his first coin in 2012, previously led growth at Kraken, and has spent over a decade publicly calling market cycles.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:13 Apathy Was The Bitcoin Bottom Signal04:15 OG Bitcoiners Are Buying Zcash06:22 Privacy Chains Have A Supply Tradeoff08:18 Bessent Treasury Twist Explained10:46 Dan Sold Equity To Buy SpaceX14:06 SpaceX Will Own Your Phone Plan17:05 New York To Tokyo In 25 Minutes19:00 SpaceX At $10T In Three Years23:51 What Invalidates Your Investment Thesis28:05 Sold At $1,000 Per BTC, Missed On Millions Story30:14 Bitcoin Is Still Not Digital Gold Yet34:44 Family Offices First Into Crypto39:01 Dan's Net Worth Dropped 85% Three TimesGuest Socials:Dan Held X: https://x.com/danheldDan Held Website: https://www.danheld.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Arthur Hayes joins us for a session to understand the underlying economic forces leading to a massive digital assets bull market in the coming months and years.The money printer is about to flip back on and Arthur Hayes says the Euro/Yen exchange rate is the tell everyone's missing. He gets into why Japan's forced unwinding of its massive carry trade, combined with France's brewing bond market crisis, all but guarantees a faster pace of dollar liquidity creation. He also makes the case that AI's unit economics problem becomes the government's next excuse to print more fueling the fiat debasement thesis further. He explains his positioning in the market and reveals why Ethereum is Maelstrom's largest position heading into this cycle.Arthur Hayes is the CIO of Maelstrom, the family office of BitMEX co-founder Arthur Hayes, and a prominent macro commentator in digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:57 Fed Chair Warsh Is Irrelevant04:03 Japan's GPIF Asset Shift09:34 Japan's National Carry Trade12:24 Exiting The Restrictive Regime14:51 The AI Bailout Trade17:59 Gold And Bitcoin Vs Tech20:57 Misallocated Capital Flows To Crypto23:53 Who Controls The Narrative28:52 Crypto Timeline To New Highs32:24 Euro/Yen As Leading Indicator35:38 France's Bond Market Crisis39:11 Positioning The Barbell PortfolioGuest Socials:Arthur Hayes X: https://x.com/CryptoHayesMaelstrom X: https://x.com/MaelstromfundMaelstrom Website: https://maelstrom.fund/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Jake Chervinsky joins us in the Tokenization Tower to explain the path for Hyperliquid to enter the US markets.Trump said "Hyperliquid" on national television and Jake Chervinsky was there to watch it happen live. He explains why perpetual futures are already coming to the US through the CFTC, why Hyperliquid is infrastructure rather than a competitor to exchanges like Coinbase and CME, and why the silver and oil market breakouts proved this technology is bigger than crypto. He also unpacks the new Circle-Hyperliquid stablecoin fee deal and makes the case that CLARITY Act-style comprehensive legislation may be dead, in favor of narrow, GENIUS Act-style bills targeting specific proven products.Jake Chervinsky is the CEO of the Hyperliquid Policy Center, leading the effort to bring onchain derivatives markets into US regulatory compliance.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Guest Socials:Jake Chervinsky X: https://x.com/jchervinskyHyperliquid Policy Center X: https://x.com/HyperliquidPCHyperliquid Policy Center Website: https://hyperliquidpolicy.org/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Taylor Lindman calls in during a pivotal moment of Robinhood Chain stock token mania to debrief us on how the SEC is approaching tokenization.He explains how Reg Crypto could be the biggest shakeup to token fundraising since the JOBS Act and Taylor Lindman just laid out exactly how it works. She breaks down why tokenized "stock tokens" from Robinhood and others are legally structured more like debt instruments than equity, and unpacks the SEC's new proposal for progressive decentralization: a real checklist that lets a token graduate out of securities law entirely once a project delivers on its promises.Taylor Lindman is the Chief Counsel of the Crypto Task Force at the U.S. Securities and Exchange Commission.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:31 The Robinhood Stock Token Drama06:14 Debt Securities Have Existing Rules09:18 Issuer Sponsored Tokens Explained11:36 Digitization Vs Tokenization14:04 TradFi Meets Onchain Convergence17:28 Most Ambitious SEC Agenda Ever19:46 Reg Crypto's Two Exemptions22:37 Progressive Decentralization Explained25:39 Stock Token Price DislocationGuest Socials:SEC X: https://x.com/SECGovSEC Website: https://www.sec.gov/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Ryan Watkins joins the show for an updated view on the digital assets bull marketAre traders are about to become bigger celebrities than athletes? Well, maybe or maybe not.He breaks down why Hyperliquid's real endgame was always taking share from Binance and Coinbase, not just onchain rivals, and makes the case that barbell portfolio of store-of-value assets and revenue-generating businesses is only getting started. He also unpacks why social trading platforms like fomo could become the permanent front-end for everything from memecoins to tokenized equities.Ryan Watkins is the Co-Founder of Syncracy Capital, a research-driven digital assets investment firm.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:02 Trump Said Hyperliquid04:14 Ryan's Hyperliquid Thesis07:51 Compounding HYPE Growth10:33 The Barbell Portfolio Framework14:17 Why Fundamentals Matter Now16:45 Bitcoin And Zcash Debate22:11 The Social Trading Thesis25:04 Memes Are Just A Wedge30:00 Why Whales Don't Want To Leak Alpha Onchain33:17 Ryan Opens fomo DailyGuest Socials:Ryan Watkins X: https://x.com/RyanWatkins_Syncracy Capital X: https://x.com/SyncracyCapitalSyncracy Capital Website: https://www.syncracy.io/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Will Clemente joins us for an update on the imminent digital asset bull cycle. He breaks down the significance of Treasury Secretary Scott Bessent's long-bond buybacks before Jackson Hole, explaining why the move to backstop yields could force excess liquidity into the system and make Bitcoin & other digital assets an increasingly attractive hedge. He also unpacks his financial repression thesis, a potential "Treasury-Fed Accord 2.0," and why he expects Bitcoin and gold's diverging performance to reverse as capital rotates back into hard assets and away from the AI buildout trade.Will Clemente is a solo investor and macro analyst known for his research on Bitcoin, onchain data, and the intersection of monetary policy and digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:05 Will Sold Down At The Start Of 202604:08 Everyone In Digital Assets Pivoted To Equities06:13 Bitcoin Cycles Bottom When Sellers Run Out08:18 Besant Bond Buying Is The Green Light10:33 Treasury Twist Explained Simply12:44 Stablecoin Issuance Demand Escalating14:55 Dollar Debasement Is The Long Game17:06 Hard Money Assets Vs Fiat Debt19:14 Iran Oil Risk Still Brewing21:28 Yen And Dollar Coiling Up Now23:51 September 9th Besant Bond Buying25:52 Clarity Act Vote September 15th28:05 All Roads Lead To Bitcoin Long Term30:06 Warsh Forward Guidance Contradiction32:17 Small Position on ZCashGuest Socials:Will Clemente X: https://x.com/WClementePartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Austin Barack breaks down why Pump.fun isn't really a meme coin platform. Rather, it's building social trading infrastructure that's about to expand across chains and asset types and explains why the market is mispricing one of the fastest-growing businesses in the world by treating its revenue as cyclical rather than durable. He also discusses the ongoing debate over buybacks as a value accrual mechanism, and identifies the categories he believes are best positioned heading into the next bull cycle.Austin Barack is a Partner at RockawayX, a digital assets venture capital firm.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro03:51 Pump Is Really Social Trading06:43 Why Pump's Multiple Feels Too Low09:35 Perps Trading Everything13:27 Are Buybacks The End Game16:00 Building Durable Revenue Businesses19:14 The Real Winning CategoriesPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Robert Leshner joins us to unpack his vision of the tokenization supercycle with the explosion of stablecoins as the core undercurrent. He breaks down why over a dozen major banks including Bank of America, Wells Fargo, and Santander, just announced plans to launch their own stablecoins, and explains why he left Compound to build Superstate, a compliant, tokenized approach to money market funds and real-world assets. He also makes the case that tokenization's addressable market isn't just 100% of finance, plus much more.Every asset is coming onchain.Robert Leshner is the Co-Founder and CEO of Superstate, and the founder of Compound, one of DeFi's original lending protocols.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:02 Banks Rushing Into Stablecoins?07:20 A Hundred Approaches To Tokenization12:25 Compliant Tokens That Do DeFi Well16:56 From Wild West DeFi To Compliance23:39 Why He Left Compound To Start Superstate26:21 100% Market Share, Then Some For Tokenized AssetsGuest Socials:Robert Leshner X: https://x.com/rleshnerSuperstate X: https://x.com/superstateincSuperstate Website: https://superstate.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Zach Pandl joins us for an investing masterclass on how to allocate to privacy in the age of AI. He breaks down how Grayscale converted its nine-year-old Zcash trust into an ETF, following the same playbook that took its Bitcoin trust public, and explains why rising AI-powered surveillance is the real catalyst driving renewed interest in financial privacy. He also details the Ironwood upgrade's quantum resistance improvements, his ZEC targets, and why he's so bullish on the future of privacy related tokens.Zach Pandl is the Head of Research at Grayscale, a leading digital assets asset manager known for pioneering trust-to-ETF conversions across Bitcoin, Ethereum, and now Zcash.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:41 Cross-Chain Reach Via NEAR Intents09:50 The Real Catalyst For Zcash12:05 Ironwood And Quantum Resistance Upgrades14:52 ZEC Trust To ETF Migration Mechanics20:35 100% Of Fees ReinvestedGuest Socials:Zach Pandl X: https://x.com/LowBetaGrayscale X: https://x.com/grayscaleGrayscale Website: https://www.grayscale.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Alex Cutler breaks down how Coinbase's partnership with Aerodrome turned cbBTC into the top-traded Bitcoin venue onchain within a week, and explains why he believes the same playbook is about to repeat with tokenized equities at a $100 trillion addressable market. He also unpacks Coinbase's thesis that 10% of global GDP could move onchain within five years, and why he thinks true beneficial ownership structures represent a "leapfrog moment" over earlier synthetic tokenized stock attempts.Alex Cutler is the Co-Founder of Aerodrome and CEO of Dromos Labs, the team behind the leading decentralized exchange on Base and a primary venue for trading tokenized equities.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro09:22 Coinbase's Wrapped Bitcoin Playbook13:43 The Revenue Meta Thesis17:21 10% Of Global GDP Onchain24:03 Real Ownership Vs Synthetic Tokens26:04 Coinbase's Leapfrog Moment ExplainedGuest Socials:Alex Cutler X: https://x.com/wagmiAlexanderAerodrome X: https://x.com/AerodromeFiAerodrome Website: https://aerodrome.finance/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Circle's new agentic finance wizard Shafu Elfouly joins us to unpack why he's betting his career on the acceleration of agentic finance. He breaks down x402, the 30-year-old unused HTTP payment status code that stablecoins finally activated, letting AI agents pay for API access with one unified wallet instead of juggling dozens of subscriptions and API keys. He also takes us through Circle's full agent stack offering a glimpse into the future where anyone can deploy an agent with instant USDC payment access, and more.Shafu Elfouly is a Staff Software Engineer at Circle, working on x402 and the infrastructure powering agentic commerce with USDC.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:47 HTTP & x402 Payments Explained03:32 Agents Will Spend Billions Online05:05 99.9% Of Agentic Finance Is USDC08:42 Integration Takes One Hour To Deploy10:33 Circle Agent Stack Explained12:09 Supply Side Is The Bottleneck Now14:24 Everyone Will Have An Agentic16:24 Circle & Anthropic Story18:05 Open Standard Vs Closed Platforms 20:03 AOL Vs Open Internet 22:25 Millions of Agent Transfers Are Happening24:32 Restaurant Reservations Via AgentsPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

ARKInvest Digital Asset team Raye Hadi and Lorenzo Valente join us for a state of digital assets special. We debate whether token buybacks actually create value or if the correlation with top performers is just circular logic. They also tackle the trillion dollar question: whether Solana and Ethereum even need to capture fee revenue if they're hosting trillions in assets, and why Hyperliquid's app-layer monetization model might be the smarter blueprint than base-layer fees.Raye Hadi is a Research Associate in Digital Assets at ARK Invest. Lorenzo Valente is the Director of Research at ARK Invest, a leading investment firm known for its research on disruptive innovation including digital assets.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:52 Perps, Tokenization, Stablecoins, Vaults07:21 Crypto Equities Vs Tokens Debate16:03 Regulatory Path Dependency Debate17:06 Buybacks Correlate With Revenue19:27 Are Buybacks Actually Stupid28:12 Do L1s Even Need Revenue30:11 Does Solana Need To Make Money30:54 Hyperliquid Internalizes Stablecoin Yield38:56 Sizing The Meme Coin Market41:06 Debating Zcash's Place In The Barbell46:44 Why Privacy And Self Custody MatterGuest Socials:Lorenzo Valente X: https://x.com/LorenzoARKRaye Hadi X: https://x.com/rhadiARKARK Invest X: https://x.com/ARKinvestARK Invest Website: https://www.ark-invest.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Mert Mumtaz and Dev, the Osmosis founder now leading Zcash scaling at Valor Group, join us to explain the massive developments in Zcash as of late.The two of them break down how over 90% of Zcash's supply migrated out of the Orchard pool following the Ironwood upgrade, addressing the vulnerability fears that spread across the community. They also unpack the upcoming Tachyon upgrade's post-quantum vision, and exactly how Zcash will get there.Mert Mumtaz is the CEO of Helius, a leading Solana infrastructure provider. Dev is the Founder of Osmosis and now leads Valor Group, a company dedicated to scaling Zcash.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:13 90% Of Zcash Migrated From Orchard Pool07:27 What Actually Happened?10:03 Formal Verification Explained14:07 Zcash Is Still Early19:56 ZK Explainer22:53 Quantum Resistance Claims25:16 One Big Upgrade Coming31:02 Will Bitcoin Be Ready For Quantum?Guest Socials:Mert X: https://x.com/mertHelius X: https://x.com/HeliusHelius Website: https://www.helius.dev/Dev X: https://x.com/zkDragonOsmosis X: https://x.com/osmosisOsmosis Website: https://osmosis.zone/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Rain Co-Founder Charles Yoo-Naut joins us for a look underneath the exploding neobank sector, which has exploded from $5m/month to $250m+/month in crypto-card volume in less than a year. He breaks down how Rain went from a stablecoin-backed card issuer for crypto-native DAOs to a platform powering over 200 card programs, including a landmark partnership with Western Union and more.Charles Yoo-Naut is the Co-Founder and CTO of Rain, a stablecoin-backed card issuing platform that powers programs for Western Union and 200+ other partners.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:52 Stablecoins Spent Instantly On Visa04:09 Built For Underbanked Digital Asset Teams05:16 200 Programs Now Powered By Rain09:44 Rain Powers Western Union Cards12:27 How Rain Makes Money 15:00 Stablecoin Spend Data Revealed18:00 Genius Act Impact On Rain21:00 Compliance Licensing Takes Years24:00 You Cannot Vibe Code Rain28:23 Co-Founder Dynamic Explained30:31 Building With AI From Day OneGuest Socials:Charles Yoo-Naut X: https://x.com/cnautRain X: https://x.com/raincardsRain Website: https://www.rain.xyz/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Robbie and Andy debate Morpho founder Paul Frambot's controversial take that token buybacks are "shooting yourself in the foot" versus the market's clear reward for programmatic buybacks from Hyperliquid, Lighter, and Pump. They break down Luca Prosperi's corporate finance framework for when buybacks make sense based on market conditions and return on equity, and make the case that too many projects launched tokens before they had a business generating enough revenue to justify one.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro02:56 Only 5% Of Tokens Qualify06:16 If You Need Growth, Skip The Token08:40 Lighter, Hyperliquid, Pump Lead Performance13:54 Programmable Vs Arbitrary Buybacks19:23 Applying This To The Rollup Itself22:45 Too Many Tokens Launched Too EarlyPartners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Joseph Chalom and Kean Gilbert break down why SharpLink staked $200 million in ETH through Lido, making the case that unlike Bitcoin, Ethereum is a natively productive asset that treasury companies have a duty to put to work. They unpack why a proposal to cut Ethereum's staking issuance would undermine the risk-free rate anchoring DeFi lending and push institutions toward competitors like Solana, and explain why native yield is becoming the standard institutional playbook for ETH exposure.Joseph Chalom is the CEO of SharpLink, one of the largest corporate treasury holders of Ethereum. Kean Gilbert is the Head of Institutional Relations at Lido, the largest liquid staking protocol on Ethereum.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro05:41 Making ETH Fully Productive08:39 Ethereum's Issuance Reduction Proposal11:00 Why A Third Of ETH Stays Onchain14:01 Rise Of Institutional Staking Products19:19 Revenue And Token Value23:50 Fidelity Adds Ethereum Staking28:41 Permanent Capital Beats Trumps AllGuest Socials:Joseph Chalom X: https://x.com/joechalomSharplink X: https://x.com/SharplinkSharplink Website: https://www.sharplink.com/Kean Gilbert X: https://x.com/Kean_GilbertLido X: https://x.com/LidoFinanceLido Website: https://lido.fi/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. More here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. More here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.More here: https://www.zama.org/---

Daryl Xu joins us to explain the biggest shift happening in AI. He introduces B3 IQ, a platform that lets anyone rent-to-own AI compute instead of relying on centralized API providers, and makes the case that using decentralized inference has a hidden cost most people overlook: your proprietary data. He also explains why inference demand keeps climbing even as GPU prices depreciate slower than expected.Daryl Xu is the Co-Founder and CEO of NPC Labs, a core contributor to the B3 ecosystem and creator of B3 IQ, an AI compute ownership platform.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro04:28 The Compute Ownership Thesis09:53 B3's Evolution Into AI13:34 Own Your GPU, Own Your Data18:40 How GPU Owners Earn From AI22:34 Live Demo Of The Platform27:48 Who Are The Compute Customers?32:05 Why Inference Demand Keeps GrowingGuest Socials:Daryl Xu X: https://x.com/darylX24B3 Labs X: https://x.com/b3labsB3 Labs Website: https://b3labs.org/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. Learn more here: https://www.spaceandtime.io/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Bitwise's CIO Matt Hougan and Head of Research Ryan Rasmussen break down why institutional ETF investors kept buying through the summer's 50% drawdowns and explain why they expect the next bull market to look a lot different than previous ones. They also make the case that ETF flows are expanding, what institutional allocators really want to buy, and the long-term forecasts for top digital assets.Matt Hougan is the Chief Investment Officer at Bitwise, and Ryan Rasmussen is the Head of Research at Bitwise, one of the largest digital assets asset managers with a suite of digital asset ETFs spanning Bitcoin, Ethereum, Solana, and beyond.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps:00:00 Intro01:00 Market Structure Shifting03:01 Is The Four Year Cycle Compressing?08:07 Positive ETF Flows Since July 1st13:55 Why Institutions Buy Majors, Not Apps (Yet)15:21 Digital Asset Natives See A Different Opportunity18:05 Bitcoin Starting To Trade Like Gold20:42 Institutions Are Getting Sophisticated Now30:59 Hyperliquid & Zcash Bull Thesis37:04 Memes Aren't Sustainable Guest Socials:Matt Hougan X: https://x.com/Matt_HouganRyan Rasmussen: https://x.com/RasterlyRockBitwise X: https://x.com/BitwiseBitwise Website: https://bitwiseinvestments.com/Partners: If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at https://1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Space and Time is providing verifiable data infrastructure for onchain finance. A decentralized database, blockchain indexer, and ZK coprocessor in one, giving DeFi protocols,stablecoins, and tokenized assets accurate, provable data. ---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

I met Yonatan Sompolinsky in Romania during his summer holiday, so we decided to do a roadtrip interview about covenants, the state of Kaspa development, why intents are more interesting than smart contracts & stag hunts. 00:00:54 – Intro: a road trip with Yonatan Sompolinsky 00:01:50 – Life since S16 E41: Oxford Union & the state of Kaspa 00:02:53 – Kaspa shipped covenants while Bitcoin debates OP_CAT 00:04:24 – Sequencing commitments & based apps explained 00:06:48 – Why OP_CAT alone can't do censorship-resistant based rollups 00:07:21 – BitVM & optimistic vs optimistically verified rollups 00:08:05 – ZK was born for privacy but lives for scaling 00:09:18 – "For the record, I'm very bearish on rollups" 00:12:27 – Ethereum quietly abandons the L2 roadmap 00:13:33 – What ZK is actually for: a thin L1 & separation of layers 00:15:05 – Kaspa follows Bitcoin's UTXO design principles 00:16:04 – Ephemeral logic: generalized atomic swaps 00:17:25 – Camera gymnastics & an Aston Martin 00:19:28 – What covenants won't give you: the DeFi Lego box 00:20:05 – One-time logic vs contract deployment 00:23:18 – The use case question & crypto's crisis of utility 00:26:17 – Bitcoin the turtle & the DAGKnight progress report 00:28:17 – DAGKnight: 49% Byzantine resilience, no latency parameter 00:29:50 – Why 100 BPS on GHOSTDAG would 8x confirmation times 00:30:21 – Sponsors: Cake Wallet, LayerTwo Labs, Braiins, Orange Rock & SideShift 00:34:33 – Zcash made a comeback 00:35:19 – The mental map: where Kaspa is unique 00:38:49 – Real-time decentralization: sampling the honest majority 00:39:47 – Solana & Hyperliquid: fast, but led by one 00:42:46 – Only proof of work bundles proposing & content 00:44:35 – A bear market in usage, not just price 00:45:53 – Old-world use case: bridges & oracles 00:47:22 – Tourism break: Bușteni, mascots & ski resorts 00:49:38 – Hit-and-run agents & the agentic economy 00:51:06 – Having your cake and eating it too 00:54:32 – Vlad on Ecash, miner fees & Satoshi's biggest bet 00:56:37 – Sinaia & the royal train station 00:57:38 – "Bitcoin is dead boring to me at this stage" 00:59:50 – Ironwood, verifiable supply & Tachyon 01:00:39 – Driving like six confirmations 01:01:59 – The tectonic shift nobody noticed: verifying the supply 01:03:43 – The bug & Zcash's unfixable history 01:06:04 – Kaspa's pruning vs historical correctness 01:08:12 – How Zcash's rise paves the way for Kaspa 01:09:17 – The Zooko sleeping-in-the-car story 01:10:32 – "Just launch": Zooko one day before the Sapling bug 01:12:05 – Downplaying the bug & the counterfeit scenario 01:14:34 – Peter Todd's demurrage & the Ironwood migration 01:17:25 – Would any other coin survive this? 01:18:55 – Ethereum's identity crisis 01:21:28 – Back to L1: too little, too late; Solana's cohesion 01:22:46 – Oxford Union & political ambitions 01:24:44 – Hayek: true vs false individualism 01:26:04 – The isolated individual: Lopp, Poelstra & early Bitcoiners 01:32:52 – The enthusiastic individualist 01:34:52 – Coordination markets & Project Stag Hunt 01:35:19 – Prisoner's dilemma vs stag hunt 01:36:24 – Moloch, the demon of defection 01:37:18 – Part 2: stag hunt as the optimistic game 01:42:43 – Intents & NEAR Intents 01:44:03 – Intents vs smart contracts 01:45:21 – Part 3: Rousseau's ape men 01:49:45 – Intendos: "if many sign this, consider mine signed" 01:51:44 – Example: migrating a liquidity pool together 01:53:34 – Pack formation & threshold homomorphic encryption 01:55:42 – Actionable but not committed 01:57:18 – The Netflix example: voice for the scattered majority 02:01:36 – Who are the stags we need to hunt? 02:02:11 – Minarchist, anarchist or libertarian? 02:03:32 – Stag = shared utility; escaping Ethereum's L2 mess 02:06:28 – Composable Intendos 02:07:58 – Exiting network effects 02:09:11 – The Kaspa-Ethereum overlap: GHOST & Casper 02:11:55 – "I don't like DAGs": it's just a data structure 02:12:51 – Why DAGKnight survives a world war 02:15:22 – Michael Sutton & the Argent language 02:16:58 – Bypassing the impossibility theorem 02:18:06 – Ahead of his time or poor communicator? 02:19:31 – BPS vs TPS: the shift already happened 02:21:05 – Falling between the cracks 02:23:17 – The next narrative: coordination markets 02:24:26 – Brașov to Bucharest: documenting the trip 02:25:31 – Roles reversed: Yonatan interviews Vlad 02:27:06 – ACTA protests, internet freedom & political science 02:28:53 – Sztorc's party metaphor 02:29:57 – Zcash at $30 & the Coldcard hack 02:31:40 – What Kaspa actually needs: wallets, not exchanges 02:33:56 – Broadening cypherpunk: from protective to positive 02:37:16 – What have we really accomplished? 02:39:33 – Arriving at the Palace of Parliament 02:43:57 – The secret handshake & farewell

Vladimir Novakovski breaks down why both Lighter Core and Robinhood Chain sit on top of Ethereum, and how ZK proofs let market makers move capital between instances within minutes. He also previews a future where users simply describe their market thesis and let an AI agent execute the trade, plus options on pre-IPO stocks currently in the works. Finally, he lays out why the LIT token carries zero dual structure, it represents 100% of Lighter's equity, with all future value, including quarterly buybacks, accruing directly to token holders.Vladimir Novakovski is CEO of Lighter, a decentralized perp exchange built on top of Ethereum with an institutional-grade security-first architecture.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Intro04:23 Options & Pre-IPO Stocks Expansion 06:49 Robinhood And Telegram Partnerships09:58 Regulatory Parameters Per Lighter Perps Instance12:39 One Global Liquidity Layer16:18 The LIT Token Is The Equity21:13 CLARITY Revenue Sharing 24:39 Diversified Revenue Story28:27 Institutional Vs Retail Tracks31:44 Lessons From Citadel And SBF34:02 AI Agents Have Already Started TradingGuest Socials:Vladimir Novakovski X: https://x.com/vnovakovskiLighter X: https://x.com/Lighter_xyzLighter Website: https://lighter.xyz/Partners: Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---If you run concentrated liquidity positions you know the grind. Price moves, you're out of range, you're rebalancing at, like, 3am. 1inch Aqua lets you take a different approach. You can stack multiple positions on the same token balance instead of babysitting a dozen pools, and your tokens never leave your wallet. Your liquidity stays awake, so you can catch up on your sleep. Check it out at 1inch.com/aqua---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---

Wanchain bridge hack, why Ethereum keeps getting it wrong, and Cardano's outlook with Charles Hoskinson. After a bridge hack rattled the Cardano ecosystem, Charles Hoskinson, CEO and Founder of Input Output, joins Jennifer Sanasie on Markets Outlook to lay out why crypto desperately needs wallet insurance, ZK-powered identity, and white hat rescue frameworks. Plus, what Cardano's latest hard fork really means for decentralized governance, why he thinks Ethereum keeps getting it wrong, and what it will actually take for prices to recover. Plus, we look at the DTCC taking tokenized securities live in today's Brand New Rails segment. - Timecodes: 00:00 - Charles Hoskinson Joins Markets Outlook 01:25 - Wanchain Bridge Hack and What It Revealed 02:21 - Why Midnight Was Built for This Moment 03:44 - Why Crypto Needs Wallet and Bridge Insurance 05:28 - How ZK Identity Unlocks Recovery and White Hat Rescues 09:46 - The "Unsexy" Unlock: Why Insurance Could Onboard the Masses 13:17 - Cardano's Hard Fork to v11 and What It Means 14:42 - Cardano's Decentralized Governance in Action 17:35 - Executive Function: The Last Governance Milestone 20:08 - Brand New Rails: What's Next After the  DTCC Moved Tokenized Securities Into Live Production 22:07 - Cardano's Outlook: Narrative Reset, Bitcoin DeFi, and the Partner Chain Model 26:05 - The Anthropic Analogy: Why Doing It Right Beats Doing It Fast 29:12 - Why Ethereum Keeps Getting It Wrong 36:22 - When Will Prices Catch Up? Charles' Market Framework 42:28 - The AI Wildcard and What It Means for Crypto - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co. - Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings. Perfect 8 year track record of keeping clients assets safe. Don't sell your bitcoin. Get a bitcoin-backed loan. Check out your rate by using their loan calculator at ledn.io - JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets: https://x.com/jpegtrading - This episode was hosted by Jennifer Sanasie.

Wanchain bridge hack, why Ethereum keeps getting it wrong, and Cardano's outlook with Charles Hoskinson. After a bridge hack rattled the Cardano ecosystem, Charles Hoskinson, CEO and Founder of Input Output, joins Jennifer Sanasie on Markets Outlook to lay out why crypto desperately needs wallet insurance, ZK-powered identity, and white hat rescue frameworks. Plus, what Cardano's latest hard fork really means for decentralized governance, why he thinks Ethereum keeps getting it wrong, and what it will actually take for prices to recover. Plus, we look at the DTCC taking tokenized securities live in today's Brand New Rails segment. - Timecodes: 00:00 - Charles Hoskinson Joins Markets Outlook 01:25 - Wanchain Bridge Hack and What It Revealed 02:21 - Why Midnight Was Built for This Moment 03:44 - Why Crypto Needs Wallet and Bridge Insurance 05:28 - How ZK Identity Unlocks Recovery and White Hat Rescues 09:46 - The "Unsexy" Unlock: Why Insurance Could Onboard the Masses 13:17 - Cardano's Hard Fork to v11 and What It Means 14:42 - Cardano's Decentralized Governance in Action 17:35 - Executive Function: The Last Governance Milestone 20:08 - Brand New Rails: What's Next After the  DTCC Moved Tokenized Securities Into Live Production 22:07 - Cardano's Outlook: Narrative Reset, Bitcoin DeFi, and the Partner Chain Model 26:05 - The Anthropic Analogy: Why Doing It Right Beats Doing It Fast 29:12 - Why Ethereum Keeps Getting It Wrong 36:22 - When Will Prices Catch Up? Charles' Market Framework 42:28 - The AI Wildcard and What It Means for Crypto - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at realfi.co. - Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings. Perfect 8 year track record of keeping clients assets safe. Don't sell your bitcoin. Get a bitcoin-backed loan. Check out your rate by using their loan calculator at ledn.io - JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets: https://x.com/jpegtrading - This episode was hosted by Jennifer Sanasie.

The National Football Show with Dan Sileo — NFL news, debate, and hot takes. Zander Krause and Dan Sileo debate ZK joins Dan for the main Eagles debate: Sirianni's accountability, Hurts, Mannion, A.J. Brown, and the ChatGPT pla Subscribe for daily NFL coverage.Privacy & Opt-Out: https://redcircle.com/privacy

The National Football Show with Dan Sileo — NFL news, debate, and hot takes. Dan Sileo breaks down Dan continues the Eagles offense argument, uses AI/chat prompts, and lands on the Maxx Crosby/Schefter/guest handoff before ZK joi Subscribe for daily NFL coverage.Privacy & Opt-Out: https://redcircle.com/privacy

I spoke to Leo Fan, founder of Cysic, about what zero-knowledge proofs actually are, and why they might be one of the more promising answers to the internet's identity problem.We dig into how a ZK proof lets you prove something is true without handing over any identifying personal information, why that matters as digital identity systems become pushed by governments, and Cysic's model for verifiable compute. Leo also breaks down why the hardware and cost problems around ZK have kept it from mainstream identity use so far, and how Cysic's network lets you use your own hardware to help generate these proofs, rather than leaving that compute in the hands of a few large players.If you liked the podcast be sure to give it a review on your preferred podcast platform. If you find content like this important consider donating to my Patreon starting at just $3 per month. It takes quite a lot of my time and resources so any amount helps. Follow me on Twitter (@TBSocialist) or Mastodon (@theblockchainsocialist@social.coop) and join the r/CryptoLeftists subreddit. Support the showICYMI I've written a book about, no surprise, blockchains through a left political framework! The title is Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It and is being published through Repeater Books, the publishing house started by Mark Fisher who's work influenced me a lot in my thinking. The book is officially published and you use this linktree to find where you can purchase the book based on your region / country.

  Thank you for tuning in to Episode 323 of the Down Cellar Studio Podcast. Full show notes with photos can be found on my website. This week's segments included:     Off the Needles, Hook or Bobbins On the Needles, Hook or Bobbins Brainstorming From the Armchair Knitting in Passing In my Travels KAL News Events Life in Focus On a Happy Note Quote of the Week   Thank you to this episode's sponsors: Stitched by Jessalu (2nd Episode of the Month)   Stitched by JessaLu is the home of handmade project bags in a variety of fun, floral, geeky, or pop-culture themed prints. All bags are made by one woman - JessaLu - on an antique Singer sewing machine in her home in Western Massachusetts. JessaLu has been making quality project bags and an assortment of sewn accessories since 2008 and has recently begun to design her own exclusive prints!  Check them out in person July 18th at South End Yarns in Newburyport, from July 24-26th at The Gathering at Westfield State hosted by the Northeast Handspinners Association (check out the Saturday evening ticket option for only $25), and don't forget Fiber Revival August 8th in Newbury, MA   Off the Needles, Hook or Bobbins   Pollen Party Socks Yarn: Hypnotic Yarn Plush Sock in the Pollen Party colorway + 20g mini (I think it's Legacy Fiber Artz mini) Pattern: OMG Heel Socks by Megan Williams ($5 knitting pattern available on Ravelry) Needles: US 1.5 (2.5 mm) Ravelry Project Page   On the Needles, Hook or Bobbins   Goldwing Sweater Pattern: Goldwing by Jennifer Steingass ($8 knitting pattern available on Ravelry) Needles: US 6 (4.0mm) for body and US 5 (3.75 mm) for rolled neck Yarn: Valley Superwash DK in Sand (MC) and handspun from Wound Up Fiber Arts for CC (Ravelry page for handspun details) Ravelry Project Page Progress: I'm working on the colorwork yoke (only about 8 colorwork rounds left)   Jelly Roll Blanket    Pattern: Crocheted Jelly Roll Blanket by Kay F Jones ($6.70 US on Ravelry) Hook: H (5.0 mm) Yarn: Legacy Fiber Artz Steel Toes Mini Skeins + other minis from stash Ravelry Project Page I was inspired by KnitwithNat's blanket- check it out on Instagram. Progress: I finished my 8th strip and I'm 1/3 into the 9th. Still loving this project!   Mine! Socks Yarn:  Woolens & Nosh SW Targhee Fingering (90 SW Targhee, 10% Nylon)  in the colorway- Mine! aka A Gull Takes Off with Bluberry Pattern: OMG Heel Socks by Megan Williams ($5 knitting pattern available on Ravelry) Needles: US 1.5 (2.5 mm) Ravelry Project Page Progress- I knit the heel of the sock on the plane to NYC, knit on the foot during Schmigadoon and got half way through the toe on the way home.   Wild Violet Socks Yarn: Wild Violet Fibers Merino Sock (85/15 SW Merino/Nylon) in the OOAK #155 Colorway Pattern: OMG Heel Socks by Megan Williams ($5 knitting pattern available on Ravelry) Needles: US 1.5 (2.5 mm) Ravelry Project Page Progress: 1 sock is just beyond the heel. 2nd sock is a few inches into the leg   Brainstorming Gabriella's birthday ideas Elphaba (crochet pattern for sale on Ravelry & on Crochetlandia Site) Dorothy & Toto (crochet pattern- free on Ravelry) Glinda pattern (crochet pattern- free on Crochetlandia Site) Another set available on Etsy from AnaMariaCraft: Crochet Amigurumi Pattern Bundle Wizard of Oz – Dorothy, Scarecrow, Tin Man, Lion, Wicked Witch & Good Witch $24. Her patterns are also available on Ravelry but if you want a bundle, there are better deals on Etsy.   From the Armchair Kin by Tayari Jones. Amazon Affiliate Link. Dirtbag, Massachusetts: A Confessional by Isaac Fitzgerald. Amazon Affiliate Link. Finding Grace by Loretta Rothschild. Amazon Affiliate Link.   Note: Some links are listed as Amazon Affiliate Links. If you click those, please know that I am an Amazon Associate and I earn money from qualifying purchases.   Knitting in Passing I shared a story about another knitting finding me before the Broadway show we were seeing began.   In My Travels Riley and I took an impromptu trip to NYC when she was asked to babysit a local family while they were visiting NY. Friday- we saw Schmigadoon! Saturday- RIley and I got coffee and bagels before we met Laura to visit the Museum of the City of New York to see murals of "Another Wonderland" by Abram Champanier. Riley went off to babysit Saturday night. Laura and I enjoyed a leisurely night in at the hotel. Sunday- Riley and I set an alarm to head to Butterfield Market to buy Dot Cakes. We took a stroll through Central Park before thrift shopping and lunch. Riley went to babysit. I met Laura at Shukette then I went solo to see Operation Mincemeat.    KAL News Splash Pad Party '26 Details Event runs 5/22-7/31 Splash Pad Party Registration is open as of 5/1 View Stats and/or Verify Registration here. Check out our Sponsor List Splash Pad '26 Official Rules Enter your FOs using the Summer Celebration Form. Then come over to this Ravelry Thread to share pics and let us ooh and ahh with you! Submit something incorrectly? Need help? Fill out this Support Form & we'll be in touch. Find official SPP'26 images you can use on social media in this Google folder.   Splash Pad RAVELRY Links Start Here Thread Pro Shop Exclusive Items Thread Coupon Codes Thread Questions Thread Prizes:  we have 48 prizes to give away this Splash Pad season. Tune in to hear if you're a May/June winner!   Events July 31-August 1: Flock Fiber Festival in Seattle, WA August 8- FIber Revival in Newbury, MA September 12 & 13: Boston Fiber Festival in Boston, MA (full or half day passes, or 2 day passes) September 19 & 20: Adirondack Wool & Arts Festival in Greenwich, NY October 17 & 18: NY State Sheep & Wool Festival in Rhinebeck, NY November 7: Fiber Festival of New England in Springfield, MA     Life in Focus July 2 is half way day of the year! Let's do a check in on my 26 in 2026 List:   A-Aim for one night at week at the pool in July and August- make it regular and invite friends to pop over B- Blood- donate at least 4 times (1/20, 3/17) C- Christmas Sleepover D- Declutter 26+ items- delivered a trunk full in February E- Events- go to at least 26 ticketed events (I have 36 on the calendar for this year!) F-Find 2-6 new things and try them out! 1) Orange Bike Beer 2) Dot Cakes in NYC, G-Go on a trip with Dan (just us) Anniversary Trip to Portland H- Headshots for Hattie I- Isabella Stewart Gardner Museum- Go there J- Journal- Write 365 entries in my I Remember Journal about Mom (inspired by Liz Craft who talked about it on Ep 451 of Happier in Hollywood podcast) K- Knit at least 2 projects with handspun (Treysta sweater, Inclinations + bonus Goldwing Sweater WIP) L- Literary pursuit- read at least 65 books (11 as of February, 24 as of 4/27, 30 as of 5/29, 36 as of 6/24) M- Museum- Museum of the City of New York N- NYC- go visit Laura at least once-- visited in April & Jun O- Organize a FearLESS Living Fundraiser P- Puzzle- do at least 1 with Dan Q-Quarterly review of calendar/photos & goals (to make Year in Review easier and faster)- calendar it! March done, Q2 review will get done this week. R- Restaurant- try at least 1 new local restaurant (Blu in Theater District 3/26) S- Socks- knit 26 pair- 11 done so far. T- Tattoo- started following some artists on Instagram (plan end of year so can donate blood) U- Up the amount of muscle in my body- at least 1 pound by end of the year. Making good progress. V- Vlogmas- take the year off (even if you're tempted) W- Wheel- sit down at my spinning wheel every month (put reminders on my calendar at the beginning of each month to help remind me) Jan, Feb, March, April, May done X- Cross 1 thing off this list that no longer serves me (H hattie headshot) Y-Yoga at least 2-6 times Z- Create Zone to keep important papers   On a Happy Note Millie graduated from 8th grade. Dad and I were able to go. Riley's graduation party! Father's Day pool day at my dad's! Dad let Gabriella pick out a few of Mom's Oz things she likes including a book that she's flying through. Thought I broke my toe on wrought iron chair leg- but think maybe it was a bad sprain I'm so grateful it's healing well. A sweet moment with Riley Fun nail art! I got a lovely text from Alicia at ZK of many of our DCS friends!   Quote of the Week   "We cannot live only for ourselves. A thousand fibers connect us with our fellow men; and among those fibers, as sympathetic threads, our actions run as causes, and they come back to us as effects."   ― Herman Melville   --------   Contact Information: Check out the Down Cellar Studio Patreon! Ravelry: BostonJen & Down Cellar Studio Podcast Ravelry Group Instagram: BostonJen1 YouTube: Down Cellar Studio Facebook: https://www.facebook.com/downcellarstudio Sign up for my email newsletter to get the latest on everything happening in the Down Cellar Studio Check out my Down Cellar Studio YouTube Channel Knit Picks Affiliate Link Bookshop Affiliate Link Yarnable Subscription Box Affiliate Link FearLESS Living Fund to benefit the Blind Center of Nevada Music -"Soft Orange Glow" by Josh Woodward. Free download: http://joshwoodward.com/ Note: Some links are listed as Amazon Affiliate Links. If you click those, please know that I am an Amazon Associate and I earn money from qualifying purchases.  

In this episode, Austin chats with Mert about why privacy is becoming essential for crypto and on-chain finance. They discuss how ZK-based privacy works via shielded pools, commitments, proofs, and nullifiers, contrasting it with Monero's probabilistic obfuscation. Mert explains Zcash's renewed adoption through improved usability, macro and regulatory shifts, and fairer historical distribution. He argues privacy layers fail when they lack tangible benefits, and outlines a new fully on-chain, composable, atomic privacy protocol for Solana built with Light Protocol's compression approach, including permissionless and enterprise “zones” with configurable compliance features and reduced MEV via encrypted swaps.  00:00 - Why Privacy Matters  03:05 - Zcash And ZK Origins  06:26 - How Shielded Pools Work  09:56 - Why Zcash Broke Out  15:52 - Why Privacy Layers Fail  19:47 - Solana Privacy Protocol  22:57 - Composability Breakthrough  25:51 - Go-To-Market Plan  30:50 - Compliance And Zones  32:40 - Onchain Versus Off Chain  34:58 - Zcash And Solana's Future  40:29 - Bitcoin Privacy And Quantum  43:48 - Closing And Where To Find Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Illia and Mert break down why the Zcash situation is a known ZK circuit trade-off and not the infinite mint catastrophe the market priced in, why Project Tachyon's formal verification is the most bullish upgrade in Zcash history, and why NEAR Intents generated $150K in a single volatile day, buying back NEAR while everyone else was selling.Illia Polosukhin is Co-Founder of NEAR Protocol, and Mert is Co-Founder of Helius, a leading Solana infrastructure platform.The Rollup is where the leaders of digital assets and finance converge. Live from the financial capital of the world.Timestamps00:00 Zcash Exploit Or Not?00:41 ZK Circuit Risk Explained02:32 Why ZEC Price Dropped03:48 Zcash Sapling Pool 201905:22 No Infinite Mint Evidence06:31 Formal Verification Is Solution08:05 Project Tachyon Quantum Proof11:18 AI Vulnerability Armageddon Coming17:02 Zcash Optional Transparency Explained21:08 NEAR Intents ZEC Inflow24:35 Bear Case Worst Scenario30:01 NEAR Profits On Volatility33:43 Arthur Dumped NEAR ReactionGuest Socials:Mert Mumtaz X: https://x.com/mertHelius X: https://x.com/heliusHelius Website: https://www.helius.dev/Illia Polosukhin X: https://x.com/ilblackdragonNEAR Protocol X: https://x.com/NEARProtocolNEAR Protocol Website: https://www.near.org/Partners:Better than Banks. Transparent capital efficiency earning the highest yields in DeFi. Learn more here: https://infinifi.xyz/---APYX - Enhanced Digital Credit Yield, Onchain | On Track to Become the Largest Holder of STRC. https://apyx.fi/---Dinari - Over 230 1:1 backed tokenized stocks, ETFs & more with dividends. US-based SEC transfer agent. Available on 5+ chains & via API. https://dinari.com/---Relay is the fastest and most reliable way to swap any token on any chain. Learn more here: https://relay.link/bridge---Zama is an open source cryptography company that builds state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain.Learn more here: https://www.zama.org/---Trezor is the creator of the first-ever hardware wallet. Securing crypto for 2M+ users worldwide. 100% open source. Learn more here: https://affil.trezor.io/aff_c?offer_id=133&aff_id=36664---

A critical bug in Zcash's Orchard shielded pool could have minted unlimited counterfeit ZEC — and it sat there for 4 years. The price has lost ~47% in three days. David walks through what happened, why ZK trust keeps mattering, and what it means for holders. Plus: Polymarket's UMA ruling that Strategy didn't sell Bitcoin (it did), and the end of the Bitcoin ETF outflow streak. TIMESTAMPS: (00:00) Intro (01:11) Zcash Crash (14:53) Polymarket Strategy Drama (23:39) ETF Flows Update FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW › The Breakdown Newsletter — https://blockworks.com/newsletter/the-breakdown Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/ DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

The conversation covers updates on the Glam Amsterdam DevNet 4 launch, delegate inclusion on field calls, an update on EIP 7904, EAP 8188 discussing state tiering, and EAP 8182 proposing private transfers to Ethereum. The conversation covers innovative authentication methods, ZK proof and hardware wallets, credential proof separation, risk mitigation, synchronous composability, security and soundness mitigation, gas costs, supply side work, deactivation of self-destruct, and client feedback on execution API cases.TakeawaysGlam Amsterdam DevNet 4 launch updatesDelegate inclusion on field callsUpdate on EIP 7904EAP 8188: State tieringEAP 8182: Private transfers to Ethereum Innovative authentication methods allow users to bring their own authentication, ZK proofs enable hardware wallet authorization, and credential proof separation ensures synchronous composability.Deactivation of self-destruct functionality requires careful consideration of potential impact on existing contracts and use cases.Chapters00:00 Glam Amsterdam DevNet 4 Launch18:42 Update on 790437:30 EAP 8182: Private Transfers to Ethereum43:15 Credential Proof Separation57:17 Deactivation of Self-Destruct01:11:23 Client Feedback on Execution API Cases

Dolgoživost je beseda, je stanje, o katerem v zadnjih letih vedno pogosteje govorimo. Ampak, a smo se kdaj sploh vprašali, kaj sploh je dolgoživost in kako jo doseči. Beseda ne nujno pomeni, da živimo več let, ampak predvsem, kako živimo ta leta. Pri ljudeh zdravo, vitalno, kakovostno staranje ni le posledica sreče ali genetike, temveč je tudi način življenja. Prehrana, gibanje, spanje, obvladovanje stresa, odnosi. Kako se torej že v mladosti pripraviti na starost, odgovarjamo skupaj s strokovnjaki. Sogovorniki: biotehnologinja dr. Ajda Marič, mikroplastika za zajtrk sociologinja dr. Anamarija Kejžar s Fakultete za socialno delo, profesor športne vzgoje dr. Vojko Strojnik s Fakultete za šport in klinična psihologinja ter strokovnjakinja za spanje dr. Vita Štukovnik s Filozofske fakultete UM. V Xpertizi, v kateri spoznavamo mlade na začetku kariere v znanosti, pa je tokrat z nami Ivana Drventić, ki se kot raziskovalka atmosferske kemije na Kemijskem inštitutu ukvarja s sledenjem rjavemu ogljiku v zraku in zmajuje z glavo ob tem, kako je zrak v Ljubljani onesnažen zlasti pozimi. Ivano je iz Hrvaške v Slovenijo – navkljub slabemu zimskemu zraku – pred nekaj leti pritegnila lepota naše prestolnice, kot pa boste slišali, pridno osvaja tudi znanje slovenščine. Dodatno gradivo in študije, omenjene v oddaji: Hidracija  Gibanje  Rak prebavil je povezan s prekomernim uživanjem predelanih mesnin  Dvosmerna povezava med spanjem in črevesno mikrobioto  Pogostost uživanja zelo predelane hrane v ZK  Dolgoživost je povezana s črevesnim mikrobiomom, druga študija in tretja študija  Stres in mikrobiota Preferenca rdeče prehrane  Spanje in staranje možganov, dodatna študija Spanje in demenca Spanje je glavni steber dolgoživosti Slabše spanje, večja smrtnost Poglavja: 00:02:00 Kako na dolgoživost vplivajo spanje, gibanje, prehrana, družba 00:04:26 Za zdravo mikrobioto moramo poskrbeti že v otroštvu 00:06:04 Vpliv mikrobiote na dolgoživost 00:07:07 Vpliv stresa na naš prebavni sistem 00:07:50 Pomanjkljiva hidracija, manj ugoden mikrobiom 00:12:24 Spanje je nujni temelj našega delovanja 00:13:45 Kaj se z našimi možgani dogaja ponoči, ko spimo? 00:15:53 Zdravo spanje 00:17:44 Naši možgani se starajo hitreje, če ne spimo 00:19:33 Kako izboljšati spanje z gibanjem, prehrano? 00:22:00 Študije kažejo, da nezdravo spanje napoveduje kasnejši kognitivni upad 00:23:00 Vpliv telesne aktivnosti na zdravje 00:23:30 Mišice so pomembne za ohranjanje imunskega sistema in kognitivnih sposobnosti 00:24:54 Hitrih rešitev pri telesni dejavnosti ni 00:25:50 Hormonska terapija pomlajevanja 00:27:03 Če ne športamo, začne naše telo nazadovati 00:28:45 V mladosti zgradimo mišice in jih potem ohranjamo 00:29:45 Fitnesi v domovih za starejše 00:31:42 Pogled na starost in staranje je še vedno negativen 00:32:32 Odgovornost posameznika in družbe pri načrtovanju starosti 00:34:08 Skrb za zaposlene je dolgoročna investicija, ki se obrestuje zaposlenim in zaposlovalcem 00:35:23 Področje dolgožive družbe zajema vse generacije 00:36:02 Pogosto ljudje ne razmišljajo o tem, kako se bodo starali, staranje zanikajo 00:39:14 Xpertiza: Ivana Drventić, raziskovalka atmosferske kemije na Kemijskem inštitutu

Join Yan Liberman and Can Gurel as they speak with Samed Düzçay, founder of Tori, a yield protocol bringing institutional-grade delta-neutral strategies on-chain. Samed shares his journey from mining Bitcoin as a child to building and exiting a successful SaaS company, eventually identifying a massive gap in the stablecoin yield market. They dive into the mechanics of the "carry trade," exploring how Tori captures spreads in emerging markets while hedging out local currency risk. Samed explains the protocol's multi-layered security approach, its real-time auditability through ZK-proofs, and how tokenization unlocks yield-enhancing "loops" that were previously impossible in traditional finance. 

This week, Alex Pruden & Philip Martin join the show to discuss Bitcoin's rising quantum threat. We deep dive into what is the risk from quantum, what to do with Satoshi's coins, will we see a Bitcoin fork, how does DeFi mitigate hacks, how to protect your privacy and more. Enjoy! -- Follow Alex: https://x.com/apruden08 Follow Philip: https://x.com/SecurityGuyPhil Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://x.com/theempirepod -- This episode is brought to you by Fidelity Crypto. Learn more at https://Fidelity.com/crypto Fidelity Crypto was built in-house with over a dozen years of crypto experience. So you can trade crypto and stocks in one place at Fidelity, backed by industry-leading security. Fidelity Crypto. We're here to help you feel good about investing in crypto. Crypto is offered by Fidelity Digital Assets, NA, is not insured by FDIC or SIPC and includes risk of complete loss. Securities offered by Fidelity Brokerage Services, LLC. Member NYSE, SIPC. -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (01:02) The Quantum Computing Risk (08:50) Bitcoin's Quantum Risk (12:20) Fidelity Crypto Ad (12:55) What To Do With Satoshi's Coins? (35:12) Fidelity Crypto Ad (35:52) The Biggest Threat to Bitcoin (38:35) How Does DeFi Mitigate Hacks? (46:27) Are Stablecoins At Risk To Quantum? (50:15) ZKsync Ad (50:49) How To Secure Your Privacy (54:57) What's The Timeline For Quantum? -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back with another weekly roundup to discuss the latest DeFi exploit of KelpDAO which saw $290M in funds exploited. We deep dive into how to resolve the recent exploits in DeFi, the rivalry between Kalshi and Polymarket, will the Clarity Act pass and more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Santi: https://x.com/santiagoroel Follow Rob: https://x.com/HadickM Follow Empire: https://x.com/theempirepod -- This episode is brought to you by Fidelity Crypto. Learn more at https://Fidelity.com/crypto Fidelity Crypto was built in-house with over a dozen years of crypto experience. So you can trade crypto and stocks in one place at Fidelity, backed by industry-leading security. Fidelity Crypto. We're here to help you feel good about investing in crypto. Crypto is offered by Fidelity Digital Assets, NA, is not insured by FDIC or SIPC and includes risk of complete loss. Securities offered by Fidelity Brokerage Services, LLC. Member NYSE, SIPC. -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (02:25) The Fallout From KelpDAOs Exploit (18:08) Fidelity Crypto Ad (18:43) Crypto Is At An Inflection Point (39:10) Fidelity Crypto Ad (39:51) Kalshi & Polymarket Push To Launch Perps (01:00:58) ZKsync Ad (01:01:33) Will The Clarity Act Pass? (01:04:53) What Is USDai? (01:09:52) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, Logan Jastremski joins the show to discuss his current crypto thesis in 2026. We deep dive into who wins the competition for onchain trading volume between Solana and Hyperliquid, are L1s overvalued, Logan's highest conviction bets in 2026 and more. Enjoy! -- Follow Logan: https://x.com/LoganJastremski Follow Santi: https://x.com/santiagoroel Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (01:02) Logan's Crypto Thesis in 2026 (05:30) Are L1s Overvalued? (16:02) Solana vs Hyperliquid (29:40) ZKsync Ad (30:15) Why Was Hyperliquid So Successful? (43:35) Opportunities In 2026 (50:35) The Tesla Thesis (56:54) Can Twitter Scale To A Finance Platform (01:02:20) Which Would You Own: BTC vs NVDA (01:05:28) Final Thoughts -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back with another weekly roundup to discuss the current state of markets as the S&P hits a new all time high. We then deep dive into Tether's $150M recovery plan for Drift, Kraken's $200M raise, the impact on Microstrategy's $STRC, why have L2s underperformed and more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Santi: https://x.com/santiagoroel Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (03:11) State of The Market (12:40) The Hyperliquid Thesis (25:18) ZKsync Ad (25:52) Tether's $150M Drift Recovery Plan (28:17) The SEC's New DeFi Guidance (32:05) Microstrategy's $STRC (34:50) Kraken Raises $200M From Deutsche Börse (40:53) Why Have L2s Underperformed (53:19) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, Adrian Cachinero Vasiljevic & Luca Prosperi join the show to discuss what's next for DeFi in 2026. We deep dive into why are rates so low in DeFi today, how to mitigate risk, the growth of stablecoins, the fallout from Drift's exploit, the opportunity for prediction markets and more. Enjoy! -- Follow Adrian: https://x.com/adcv_ Follow Luca: https://x.com/LucaProsperi Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://x.com/theempirepod -- Referenced in the show: https://kitchen.steakhouse.financial/ # 68 | The Physics of On-Chain Lending (I): https://dirtroads.substack.com/p/68-the-physics-of-on-chain-lending?triedRedirect=true -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (03:42) Why Are Rates in DeFi So Low? (16:32) The Physics of Onchain Lending (24:33) ZKsync Ad (25:16) The Biggest Risk In DeFi Today (52:58) What's Next For DeFi In 2026 & Beyond? (01:02:18) How To Mitigate Risk In DeFi (01:09:43) Fallout From Drift's $280M Exploit (01:15:15) Prediction Markets (01:19:52) What's Exciting In Crypto Today? -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back with another weekly roundup to discuss the biggest problem within DeFi today. We then deep dive into Anthropic's announcement of Mythos, the state of crypto fundraising, the biggest winners in crypto today, are we buying the dip and more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Santi: https://x.com/santiagoroel Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (03:32) Why Is DeFi Unattractive? (26:45) ZKsync, Blockworks IR (28:16) Anthropic Announces Mythos (49:46) What's Happening In Crypto Fundraising? (57:34) The Biggest Winners in Crypto Today (01:04:45) Are We Buying The Dip? (01:13:35) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, Charles Cascarilla joins the show to discuss the current state of crypto and the future of Paxos. We deep dive into Paxos' origin story and business model, the growth of stablecoin payments, whether Paxos may look to IPO in 2027, Charles' advice for founders and more. Enjoy! -- Follow Charles: https://x.com/chadcascarilla Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (02:03) The State of Crypto Today (22:24) How To Fix The U.S Debt Problem (32:24) ZKsync Ad, Blockworks IR (33:56) Behind The Paxos Business Model (43:32) Why Binance's $BUSD Would Have Been The Largest Stablecoin (50:12) The GENIUS Act & The Global Dollar Network (59:46) Agentic Payments (01:05:32) Will Paxos IPO? (01:17:06) Advice For Founders -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back with another roundup covering whether it's time to buy the dip, crypto's VC mass extinction event, the state of secondary markets, Drift's $280M exploit, Bitcoin's quantum threat and more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (05:34) Time To Buy The Dip? (10:42) Crypto's VC Mass Extinction Event (23:55) Crypto's Token Reset (39:25) ZKsync Ad (40:07) Blockworks Investor Relations (40:58) Drift Exploited For $280M (59:28) Bitcoin's Quantum Threat (01:10:18) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, Dmitry Tokarev joins the show to discuss how he built one of crypto's largest institutional custody platforms. We deep dive into the Copper origin story, what's broken with crypto custody today, Dmitry's new venture (Bron) and more. Enjoy! -- Follow Dmitry: https://x.com/tokarev_d Follow Jason: https://x.com/JasonYanowitz Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy -- Timestamps: (00:00) Introduction (05:14) The Copper Origin Story (14:55) How To Scale a Company (19:07) ZKsync Ad (19:50) Blockworks Investor Relations (20:40) Building Bron: How To Fix Crypto Custody (34:18) Why Bron Is Launching a Token (43:10) Lessons Learned From Fundraising (48:35) What To Own in 2026? -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back with another weekly roundup live at DAS to discuss our takeaways from the conference. We deep dive into the institutional bull market, the state of angel and venture investing in crypto, Western Union's stablecoin pivot and more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire: https://x.com/theempirepod -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (00:48) Takeaways From DAS (07:16) Is Crypto in a Bull or Bear Market? (13:55) Angel Investing and Crypto Venture Capital (24:48) ZKsync Ad (24:24) Blockworks Investor Relations (26:13) Western Union's Stablecoin Flywheel (33:17) The Bear Case For Stablecoins (38:30) Final Takeaways From DAS (43:25) Sports Betting On Prediction Markets (48:15) Audience Questions (52:10) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

This week, we're back with another weekly roundup to discuss the current state of markets as conflict in Iran continues. We then deep dive into Hyperliquid's announcement with S&P, how to value Hyperliquid, Tempo's mainnet launch, Kraken's reported IPO delay & more. Enjoy! -- Follow Rob: https://x.com/HadickM Follow Santi: https://x.com/santiagoroel Follow Empire: https://x.com/theempirepod -- Join us at DAS (Digital Asset Summit) in New York City this March! Follow the link below to grab your ticket, and use code EMPIRE200 to get $200 off your ticket! https://blockworks.co/event/digital-asset-summit-nyc-2026 -- ZKsync is the Bank Stack of Ethereum. It is a network of chains secured by cryptography, not validators. Its cutting-edge ZK innovation enables the privacy, performance and connectivity that businesses need to thrive in the digital assets economy. To find out more visit: https://www.zksync.io/ -- Timestamps: (00:00) Introduction (02:08) State of The Market (09:38) ZKsync Ad (10:20) DAS Plug (10:46) S&P Licenses S&P 500 Perps on Hyperliquid (24:45) Tempo & Agentic Payments (47:02) Kraken's IPO Delay (50:45) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.

Ethereum's next big leap might not look like a single “flip the switch” moment—but it could change how the chain verifies everything. In this episode, Ansgar Dietrichs comes back to unpack the ZK EVM: why “re-executing every block” has been Ethereum's hidden scaling tax, how real-time proofs finally make a different verification model viable, and what it would take to transition safely without sacrificing the verifiability that keeps Ethereum credibly neutral. They explore the three true bottlenecks of blockchain scaling (compute, IO, bandwidth), the roadmap from optional proofs to mandatory proofs, and why client diversity could look radically different in a ZK-native future. ---