Unchained

By Laura Shin

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Reviews: 2


 Feb 9, 2019

CryptoSteveO
 Jul 27, 2018
A female crypto host that isn't annoying!!!! There is a God! Consistent guests from the top of the cryptosphere with hot topics. This is pretty far from buzzword BINGO, dive into the tech and stories of your favorite projects.

Description

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.

Episode Date
Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla on How to Avoid Another GameStop - Ep.236
50:11

In this discussion I moderated for Paxos, Robinhood CEO Vlad Tenev and Paxos CEO Charles Cascarilla discuss GameStop, the broken traditional financial infrastructure, and how blockchain technology may change the future of settlements. Show highlights:

 

  • why Robinhood stopped trading on GameStop and AMC stock earlier this year
  • what both Charles and Vlad think the feasibility of T+0 settlements versus Citadel’s and the DTCC’s aim of T+1 settlements 
  • how the GameStop scenario would have been different in a T+0 environment 
  • what it would look like if certain markets used T+0 settlements while others still settled on T+1
  • why Robinhood decided to add crypto back in early 2018
  • how Robinhood’s crypto operations work on the back end
  • why Robinhood does not allow users to move crypto off-platform
  • whether securities trading or crypto will be a larger portion of both Paxos’ and Robinhood’s business model
  • what Paxos and Robinhood have planned for the near future

 

Thank you to our sponsors!

E&Y: https://ey.com/globalblockchainsummit 

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2  

Kyber Network: Dmm.exchange  

 

Episode Links:

 

People:

 

Charles Cascarilla

 

Linkedin

https://www.linkedin.com/in/charlescascarilla/ 

Coindesk Profile

https://www.coindesk.com/charles-cascarilla-most-influential-2020 

Previous interview with Laura

https://unchainedpodcast.com/chad-cascarilla-on-paxoss-partnership-with-paypal/ 

Blog post on the GameStop saga 

https://www.paxos.com/what-lehman-brothers-gamestop-and-the-next-financial-crisis-have-in-common/ 

 

Vlad Tenev

 

Twitter

https://twitter.com/vladtenev 

CNN Article

https://www.cnn.com/2021/02/01/investing/robinhood-gamestop-vlad-tenev/index.html 

Tweet Thread on T+2

https://twitter.com/vladtenev/status/1356687248746455041 

 

Companies:

Paxos

Twitter

https://twitter.com/PaxosGlobal

 

Paxos Settlement Service

https://www.paxos.com/securities/

https://www.reuters.com/article/us-crypto-currencies-paxos/paxos-to-launch-settlement-of-u-s-listed-equities-after-secs-no-action-letter-idUSKBN1X727M

 

Wall Street Journal write-up

https://www.wsj.com/articles/blockchain-makes-inroads-into-the-stock-markets-1-trillion-plumbing-system-11573131600 

 

Robinhood

 

Twitter

https://twitter.com/RobinhoodApp

Robinhood Crypto

https://robinhood.com/us/en/about/crypto/

Public offering

https://blog.robinhood.com/news/2021/3/23/robinhood-markets-inc-confidentially-submits-draft-registration-statement 

 

Miscellaneous Links

 

Citadel on settlements

https://www.theblockcrypto.com/post/95326/citadel-robinhood-shorter-settlements-congress

DTCC on settlements

https://www.dtcc.com/news/2021/february/24/dtcc-proposes-approach-to-shortening-us-settlement-cycle-to-t1-within-two-years 

 

Other:

 

Caitlin Long Unchained episode:

https://unchainedpodcast.com/caitlin-long-why-avanti-will-be-a-new-kind-of-crypto-bank/ 

 

May 11, 2021
Unconfirmed: Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes - Ep.235
32:34

Reshma Patel, a Democratic candidate for New York City’s Comptroller position, talks about her “future proof” plan for the city, which centers on investing in cryptocurrencies and blockchain technology. In this episode, she discusses:

  • what duties the New York City Controller performs
  • how Reshma thinks crypto and blockchain tech can help New York City, which she calls her “future proof” plan
  • how a city comptroller would go about investing 1%-3% of the city’s pension funds into crypto
  • what type of crypto investment vehicles would be appropriate for the city to invest in 
  • why Reshma became interested in crypto in the first place 
  • what sort of real-world issues blockchain technology could solve in NYC, particularly in its procurement system
  • whether Reshma envisions an NYC blockchain solution for its procurement system being on a private or public blockchain 
  • how the Comptroller could influence the state of New York to make the BitLicense more accessible for entrepreneurs 
  • why NYC must compete in the blockchain/crypto space with Miami and Wyoming 
  • how crypto could help NYC recover post-COVID 
  • what comes next for Reshma’s campaign and why she is not allowed to receive crypto donations 

 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero 

NEAR: https://near.org 

 

Episode Links

 

Reshma Patel

Miscellaneous Links

Link to the Crypto News Recap:

https://unchainedpodcast.com/doge-up-13000-ytd/

May 07, 2021
Crypto's Gender Disparity: What Can Be Done About It? 4 Women Weigh In - Ep.234
01:03:40

Crypto sits at the intersection of two male-dominated industries: tech and finance. I was asked to moderate a panel for the Amber Group with four leading women in crypto to discuss the role of gender in the crypto industry and what can be done to bring more women into the space. Panelists include Mia Deng, partner at Dragonfly Capital; Amy Zhang, vice president of sales at Fireblocks; Alexis Gauba, cofounder at Opyn; and Annabelle Huang, partner at Amber Group. Show highlights:

  • how each panelist got into crypto, what it is they do, and which company they work for
  • why women have been somewhat reluctant to speak on crypto gender disparity in public
  • what the main obstacles to bringing about better gender diversity in crypto
  • whether the crypto space is harder to break into than traditional finance for women
  • how gender issues in the U.S. are different than in Asia
  • why more women have begun trading cryptocurrencies and how to increase that interest
  • which crypto explanations are most effective for female friends
  • why there are so few female crypto co-founders
  • good hiring practices for bringing more women into the space
  • advice for women trying to break into crypto 

 

Thank you to our sponsors!

E&Y: https://ey.com/globalblockchainsummit 

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

Kyber Network: Dmm.exchange 

 

Episode Links

 

Panelists

Mia Deng

 

Amy Zhang

 

Alexis Gauba

 

Annabelle Huang

  • Social Link

https://twitter.com/_annabellehuang?lang=en

May 04, 2021
Unconfirmed: How MetaMask Grew Its Monthly Active Users By 5X in the Last 6 Months - Ep.233
38:09

Dan Finlay, co-founder of MetaMask, talks about the meteoric growth of monthly active users of the crypto wallet, which has quintupled in the past seven months. In this episode, he discusses:

  • which crypto use case drove MetaMask’s active user base to grow 5x in under a year
  • what types of scaling solutions are drawing users to MetaMask
  • how MetaMask works
  • what kind of customers are using MetaMask 
  • how MetaMask has grown without targeted marketing 
  • whether the type of crypto usage in developing nations differed from developed nations
  • which feature MetaMask released in 2020 that is bringing in revenue
  • what pivotal moments in crypto over the past six years have brought new users to MetaMask
  • why scalability and security are the most important challenges facing MetaMask in the short term 
  • how MetaMask is trying to make online wallets more secure 
  • how much volume users have traded via MetaMask's new swap feature 
  • what new features are coming up for MetaMask wallets 

 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

InterPop: https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop 

NEAR: https://near.org 

 

Episode Links

MetaMask

Dan Finlay: https://twitter.com/danfinlay

MetaMask: https://metamask.io/

$5 Million Monthly Active Users: https://consensys.net/blog/metamask/metamask-surpasses-5-million-monthly-active-users/

MetaMask in Emerging Markets: https://twitter.com/MetaMask/status/1387114770923466755

Filecoin in MetaMask: https://medium.com/metamask/developer-preview-metamask-snap-for-filecoin-c28b01dfdcb 

 

Miscellaneous

Robbie Ferguson on Unchained: https://unchainedpodcast.com/this-layer-2-solution-processed-more-nft-trades-in-24-hours-than-ethereum-did-in-1-week/

Marguerite deCourcelle on Unchained: https://unchainedpodcast.com/all-the-ways-crypto-can-make-gaming-more-fun/

Charles Cascarilla + Vlad Tenev conversation: https://t.co/2AG0y5j36B?amp=1

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/a-bitcoin-standard/

 

Apr 30, 2021
How NFT Platform OpenSea Plans to Maintain Its Competitive Advantage - Ep.232
01:03:54

Devin Finzer, co-founder and CEO of NFT marketplace OpenSea, talks all things non-fungible. Check out the whole show to hear Devin answer the following questions:

 

First Half: Breaking Down NFTs

  • Why did he become so interested in NFTs ? 
  • What is an NFT? Why have NFTs become so popular recently? 
  • Who is creating NFTs? Who is purchasing NFTs? 
  • Are we in an NFT bubble? 
  • How is the NFT ecosystem going to evolve over the next few years? 
  • What are people purchasing when they buy an NFT? 

 

Second Half: OpenSea Q+A

  • What is OpenSea? 
  • How will OpenSea maintain its competitive advantage in the open-source blockchain ecosystem? 
  • How does OpenSea make money? 
  • Are artists making money on OpenSea? 
  • How is OpenSea planning on integrating with layer 2 solutions on Ethereum and other blockchains? 
  • How do royalties work on OpenSea? Why are they hard to enforce? 
  • What can be done about content being minted on OpenSea without an artist’s permission? 
  • What issues in the NFT world still need to be resolved? 
  • How is OpenSea handling the environmental concerns surrounding NFTs? 
  • What’s next for OpenSea? 

 

Thank you to our sponsors!

E&Y: https://ey.com/globalblockchainsummit

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

Kyber Network: Dmm.exchange

 

Episode Links

 

Basic Links

 

Devin Finzer

Content

 

OpenSea

Other

Apr 27, 2021
Unconfirmed: This Layer 2 Solution Processed More NFT Trades in 24 Hours Than Ethereum Did in 1 Week - Ep.231
38:35

Robbie Ferguson, co-founder and president of Immutable, talks about how Immutable is transforming the NFT industry through its layer 2 solution, Immutable X, which just launched April 8. In this episode, he discusses: 

  • what sort of problems Immutable is solving by creating a layer 2 solution (1:21)
  • why scalability is especially an issue for NFTs in gaming (1:59)
  • how Immutable X, built with partner Starkware, addresses the problems with scaling NFTs (3:28)
  • how Immutable is scaling Ethereum and the definition of a layer 2 solution (5:46)
  • the Immutable business model and how the company makes money (6:40)
  • how validity proofs like ZK-rollups differ from fraud proofs like Optimistic rollups (7:52)
  • how Gods Unchained has performed since the April 8th launch of Immutable X (8:27)
  • why building on Ethereum is so important to Immutable (10:54)
  • why Immutable is obsessed with bringing liquidity to NFTs (14:54)
  • what sort of partners Immutable is looking to attract and how Immutable X is different from a traditional marketplace (18:00)
  • why Immutable decided to purchase carbon credits to offset the gas the protocol consumes on Ethereum (21:33)
  • what we might see from Gods Unchained, Immutable X, and NFT gaming in general by the end of this  year (23:32 )
  • weekly news recap (26:22)

 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

InterPop: https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop 

NEAR: https://near.org 

 

Episode Links

 

Robbie Ferguson

https://www.linkedin.com/in/robbieferguson/?originalSubdomain=au

 

Immutable

 

Miscellaneous Links

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/2600-eth/

 

Apr 23, 2021
Thanks, Forbes: Laura on How the Unchained Podcast Came to Be - Ep.230
01:01:42

In a fun change of pace, I was interviewed by the On Deck Podcaster Fellowship about the origins of Unchained pod, how my background as a journalist prepared me for podcasting, and tips for aspiring creators. Episode highlights:

  • why I believe the Unchained podcast has been successful and how my penchant for asking tough questions came about (1:48)
  • how my background in journalism prepared me for hosting a podcast (6:35)
  • how I choose guests for the show and how they feel about being asked difficult questions (9:10)
  • why I feel my background in traditional media is so important (15:46)
  • whether my podcast helped me land a book deal (20:35)
  • the Unchained podcast origin story (26:37)
  • how I’ve brought my sense of journalistic integrity and ethics to podcasting (33:56)
  • the top tips for choosing a good podcast title (41:58)
  • advice for aspiring podcasters on sifting through BS answers and warming up shy guests (48:19)
  • who I look up to in the podcast space (53:25)
  • what future creators and podcasters from underrepresented backgrounds can learn from my experience breaking into the world of finance and technology (57:33)

 

Thank you to our sponsors:

E&Y: https://ey.com/globalblockchainsummit

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

Kyber Network: Dmm.exchange

 

Episode Links

On Deck:

https://www.beondeck.com/ 

 

Laura Shin:

https://twitter.com/laurashin 

 

Unchained Podcast:

https://twitter.com/Unchained_pod

Apr 20, 2021
Unconfirmed: Why This Analyst Puts Coinbase in the Most Exclusive Club of Stocks - Ep.229
34:43

Gil Luria, director of research at D.A. Davidson, talks about Coinbase’s performance on its first day as a public company. In this episode, Gil discusses:

  • the significance of Coinbase going public (1:05)
  • why doing a direct listing was a risky move (1:31)
  • why he revised his price target for COIN from $440 to $650 (3:17)
  • how investing in COIN as a “pure play” crypto company compares to buying stock in companies like MicroStrategy and Square (5:06)
  • why some people are disrupting Coinbase’s actual market cap (7:11)
  • whether Coinbase can smooth out revenue over the long term and not be so correlated to the crypto markets themselves(10:45)
  • what sort of statistics Gil is looking for in valuing Coinbase (13:08)
  • why Gil thinks Coinbase can meet its goal of growing non-transaction revenue from 4% to 50% in five to ten years (15:32)
  • how Coinbase could navigate the compression of fees that will occur as competition increases among exchanges (17:33)
  • whether Coinbase’s stance as an apolitical company could affect the stock price in an era in which companies are getting involved in issues like voting rights (19:45)
  • whether the Bitcoin price and COIN stock price will always be highly correlated (21:18)
  • which other crypto companies are good candidates for going public as well (22:35)
  • weekly news recap (24:03)

 

Thank you to our sponsors!

Download the Crypto.com app and get $25 with the code “Laura”: 

https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

 

Check out InterPop, a superteam redefining the future of NFTs and fandom!

https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop 

 

Episode links:

 

Gil Luria

 

Related Content

Apr 16, 2021
Why Bitcoin’s December Price Target Is Now ‘Above $300,000’ - Ep.228
48:12

In an interview I moderated at Real Vision’s “Crypto Gathering,” Peter L Brandt, veteran trader and publisher of the Factor Report, and Willy Woo, prominent on-chain Bitcoin analyst and author of the “The Bitcoin Forecast,” a market intelligence newsletter, discuss Bitcoin charts, trading, and how Bitcoin is evolving as an asset. They cover:

  • why Peter believes that, with Bitcoin, we are watching history in the making and what a “parabolic advance” has to do with that belief (2:02)
  • the differences in trading Bitcoin, which trades 24/7/365, in comparison to a normal asset -- like a stock or commodity (6:36 )
  • Willy’s price target for the top of this bull run (8:37)
  • why Willy thinks there is a Bitcoin supply shock (12:12)
  • the reason Peter does not think Bitcoin is a bubble (15:09)
  • why Willy believes we are witnessing the birth of a new monetary system (17:23)
  • the state of Bitcoin adoption and how fast adoption will grow (21:24)
  • Peter’s crypto journey and why he measures wealth in Bitcoin instead of dollars (27:02 )
  • why Peter thinks we are prisoners of war to the fiat system and how Bitcoin fixes this (31:33)
  • what sort of volatility both Peter and Willy expect going forward from Bitcoin (33:43)
  • how Peter feels about the laser eyes trend on Crypto Twitter (39:35)
  • tips for aspiring chartists and traders (41:33)

 

Thank you to our sponsors!

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

Indexed Finance: https://indexed.finance/ 

Kyber Network: Dmm.exchange

 

Episode Links

 

Willy Woo



Peter L. Brandt

Apr 13, 2021
Unconfirmed: What $1.8 Billion in Q1 Revenue Means for Coinbase’s Direct Listing - Ep.227
35:16

Larry Cermak, director of research at The Block, discusses the upcoming Coinbase direct listing in light of the exchange’s recently released Q1 revenue hitting an impressive $1.8 billion. In this episode, Larry talks about:

  • significant takeaways from Coinbase’s Q1 results (1:04)
  • how Coinbase was able to increase its non-transaction revenue in Q1 and why he thinks the exchange gets away with charging higher fees than its competitors (4:14)
  • why retail consumers are investing in crypto at such a high clip (8:36)
  • how Coinbase compares to its competition -- and why competition will drive transaction fees down (11:23)
  • whether it matters that Coinbase has so little Bitcoin on its balance sheet (14:52)
  • what he still wants to know about Coinbase after its S-1 filing and Q1 results 15:36)
  • products and services that Coinbase should acquire to round out its crypto offering (17:10)
  • his expectations for Coinbase’s stock performance (17:50)
  • why investors may not be interested in NFTs (19:37)
  • how the crypto markets will perform in 2021 and how that might affect the COIN price (20:43)
  • Crypto New Recap (22:40) 

 

Thank you to our sponsors!

Download the Crypto.com app and get $25 with the code “Laura”: 

https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021

 

Check out InterPop, a superteam redefining the future of NFTs and fandom!

https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop

 

Episode links:

 

Larry Cermak

https://twitter.com/lawmaster

 

Coinbase Q1 Results

 

Direct Listing Information

 

Related Podcasts

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/happy-birthday-satoshi1/

Apr 09, 2021
Mark Cuban on Why He Thinks ETH Is a Better Store of Value Than Bitcoin - Ep.226
01:07:45

Mark Cuban -- billionaire investor, owner of the Dallas Mavericks, and Shark Tank “shark” -- shares his thoughts on the Ethereum vs. BTC debate, issues with DeFi, and how NFTs could change content distribution. Tune in to hear Mark talk about...

  • why ETH is a better store of value than BTC (1:08)
  • why bitcoin as an inflation hedge is a bananas narrative 6:29)
  • his opinion on EIP-1159 and the idea of proof of stake mining (9:06)
  • why minting an NFT was a crypto-lightbulb moment for him (11:36)
  • how his background in technology prepared him to invest in crypto (13:55)
  • the main problem with the DeFi user experience and his advice for new DeFi users (16:34)
  • what might happen to the centralized banking system if DeFi becomes the norm (20:46)
  • how putting private data on a blockchain could work (25:53)
  • why CBDC’s make “perfect sense” (32:11)
  • how he evaluates decentralized business models and governance structures (41:13)
  • his NFT investment thesis (47:09)
  • who he believes will be the NFT winners in the long term (52:09)
  • why Mavs tickets are a perfect example for how NFTs may be used in the future (54:55)
  • industries that are ripe for NFT disruption (59:45)
  • the many use cases for NFTs (1:01:48)
  • why he is advising against minting social tokens (1:04:15)

 

Thank you to our sponsors! 

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

 

Indexed Finance: https://indexed.finance/ 

 

Kyber Network: Dmm.exchange

 

Episode Links

 

Mark Cuban

 

NFT Investment

 

Other Links

Apr 06, 2021
Unconfirmed: Why Proposed FATF Rules Could Be a Shock for DeFi - Ep.225
34:36

Dave Jevans, CEO of Cipher Trace, talks about what the new draft guidance from the FATF (Financial Action Task Force) means for DeFi, NFTs, and crypto in general. In this show, he breaks down:

  • the six main areas the draft guidance covers, including the expansion of KYC regulatory standards into DeFi (1:07)
  • how a dex like Uniswap would operate under the proposed draft guidance, and which types of companies or services providers would have to take identifying customer information (3:54)
  • why DeFi applications might start requiring customers to create an account to use their platforms (7:03)
  • how the crypto community has reacted to the FATF draft guidance (8:59)
  • whether NFTs are affected by the proposed draft guidance (11:01)
  • who the FATF recommendations apply to (13:54)
  • how to reach out to FATF to comment on the draft guidance (15:32)
  • the nuances of the travel rule and how DeFi developers may now be forced to include KYC mechanisms in their applications (17:29)
  • how the crypto community would likely want to tweak the guidance to align the philosophy of DeFi (21:27)
  • Crypto News Recap (23:42) 

 

Thank you to our sponsors!

Download the Crypto.com app and get $25 with the code “Laura”: 

https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021

 

Check out InterPop, a superteam redefining the future of NFTs and fandom!

https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop

 

Episode Links

 

Dave Jevans

FATF

Miscellaneous Links

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/michael-jordans-nft-investment/

Apr 02, 2021
What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss - Ep.224
01:05:59

Olta Andoni, fintech and IP Attorney at Zlatkin Wong and adjunct professor at Chicago Kent College of Law, Tonya Evans, visiting Full Professor of Law at Penn State Dickinson Law School and host of the podcast Tech Intersect, and Stuart Levi, co-head of the Intellectual Property and Technology practice at Skadden Arps and coordinator of the firm's Blockchain and Digital Asset practice, break down the legal issues surrounding NFTs. In this episode, they discuss:

  • how the law looks at non-fungible tokens (1:25)
  • why owning an NFT is different from owning the rights to the underlying asset making up the NFT (3:12)
  • problems that blockchain solves for creators  (5:09)
  • how corporations (aka content intermediaries) are handling NFTs (6:53)
  • what rights the purchase of an NFT gives a buyer (11:51)
  • derivative artwork, the fair use copyright law, moral rights, and how U.S. law views NFTs (15:53)
  • how to determine the jurisdiction of an NFT (25:00)
  • what type of legal recourse is available to artists whose art has been stolen and redistributed as an NFT (32:37)
  • the differences in the terms of services between NFT marketplaces  (36:26)
  • why the first sale doctrine may not apply to digital assets (43:16)
  • what a buyer is getting when purchasing a blockchain license (46:12)
  • how NFT creators should protect their work (51:43)
  • whether a fractionalized NFT is a security (55:25)
  • how NFTs will change the business of content creation (58:44)

 

Thank you to our sponsors! 

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

 

Indexed Finance: https://indexed.finance/ 

 

Episode Links

 

People

Tonya Evans

Olta Andoni

Stuart Levi

 

Legal Links

 

Miscellaneous Links

https://www.technollama.co.uk/can-copyright-teach-us-anything-about-nfts

Mar 30, 2021
Unconfirmed: Why Miami Mayor Francis Suarez Calls Crypto 'the Wave of the Future' - Ep.223
31:07

Miami Mayor Francis Suarez talks about how Miami plans to be the crypto capital of the world. In this show, he discusses:

  • what Miami is doing to become the crypto capital of the world (1:40)
  • why he feels so strongly about bringing crypto to Miami (3:09)
  • the relationship between cryptocurrencies and government (4:08)
  • why he believes that, in the future, governments will transaction in crypto, not fiat currency (5:26)
  • his feelings about the FTX sponsorship proposal and how he convinced city officials to move past crypto’s tumultuous past (6:51)
  • whether city of Miami employees have expressed interest in being paid in bitcoin (10:06)
  • what needs to happen for Miami to be able to hold BTC in its treasury (11:25)
  • how Mayor Suarez balances his interest in Bitcoin against his interest in mitigating the effects of climate change on Miami (14:24)
  • Crypto News Recap (18:00)

 

Thank you to our sponsors! 

Download the Crypto.com app and get $25 with the code “Laura”: 

https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021

 

Check out InterPop, a superteam redefining the future of NTFs and fandom!

https://hellointerpop.io/?utm_source=Unchained&utm_medium=episode-sponsorship&utm_campaign=interpop-launch&utm_content=interpop

 

Episode Links:

 

Francis Suarez - Mayor of Miami

 

Miami and Crypto 

https://twitter.com/francissuarez/status/1360069847971954690?lang=en

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/tesla-is-a-hodler/

 

Mar 26, 2021
Financial Advisors Control $5 Trillion in Investor Wealth. Are They Buying Bitcoin? - Ep.222
01:05:10

Ric Edelman, founder of Edelman Financial Engines, and Matthew Kolesky, president at Arbor Capital, discuss the state of Bitcoin adoption amongst financial advisors, who control $5 trillion in investor wealth. In this episode, they talk about:

  • their background and why they got into crypto (1:25)
  • how most RIAs (registered investment advisors) view digital assets and the hassle of buying crypto on a client’s behalf (8:59)
  • what percentage of financial advisors have already invested in bitcoin and how many more will come into the space by next year (18:20)
  • how RIADAC -- the RIA Digital Assets Council -- is educating financial advisors about crypto (21:59)
  • their favorite methods to explain Bitcoin and other digital assets (25:22)
  • the different ways financial advisors are getting bitcoin/crypto exposure for their clients (35:32)
  • why RIAs use investment vehicles to purchase Bitcoin rather than spot-buying the actual asset (39:58)
  • why GBTC is trading at a deficit to the bitcoin price and their thoughts on a bitcoin ETF (44:40)
  • the percent allocation to crypto they feel comfortable with for their clients (54:26)
  • how they rebalance crypto holdings, whether they use yield-bearing crypto products yet, and projections for 2021 (57:35)

 

Thank you to our sponsors! 

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

 

Indexed Finance: https://indexed.finance/ 

 

Episode links:

Ric Edelman

 

Matt Kolesky

 

Helpful Links:

Mar 23, 2021
Unconfirmed: MetaKovan on Why He Spent $69 Million on a Jpeg - Ep.221
39:59

MetaKovan, the pseudonymous buyer of Beeple’s Everydays NFT and founder of MetaPurse, talks about his recent $69 million purchase. In this episode, he discusses:

  • why he bought Everydays: The First 5000 Days for $69 million (1:57)
  • Beeple’s 13-year “proof of effort” process of creating art and why Beeple has the potential to become a generational artist (4:38)
  • why he believes NFTs are “10x” better than physical art (9:40)
  • his vision of the metaverse (13:57)
  • the reasons for hiding his identity behind the Metakovan avatar (17:09)
  • how he made his fortune in crypto and why he felt comfortable spending $69 million on something that might be a fad (19:12)
  • why he started Metapurse and how its native B20 token works (24:31)
  • crypto news recap (28:57)

 

Thank you to our sponsor!

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

 

Episode Links

 

MetaKovan:

https://twitter.com/metakovan?lang=en

 

Metapurse: 

https://metapurse.fund/

 

Everydays: The First 5000 Days Purchase:

https://www.coindesk.com/metakovan-buyer-of-record-setting-beeple-nft-explains-why-he-spent-69-3m

https://www.nytimes.com/2021/03/12/arts/beeple-nft-buyer-ether.html

https://www.cnbc.com/2021/03/12/buyer-of-69-million-beeple-nft-is-a-crypto-investo-metakovan.html

https://www.washingtonpost.com/technology/2021/03/17/nft-beeple-metakovan-christies/

https://slate.com/technology/2021/03/metakovan-beeple-christies-auction-nfts.html 

 

B20 Tokens:

https://www.playtoearn.online/2021/01/13/metapurse-to-share-ownership-beeple-collection/

https://www.benzinga.com/markets/cryptocurrency/21/03/20195109/69m-beeple-nft-artwork-may-have-been-used-to-pump-b-20-token-price-by-6200-reports-suggest

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/3-publicly-traded-crypto-exchanges/

 

Mar 19, 2021
How NFTs Are Revolutionizing How Creators Make Money - Ep.220
01:21:28

Jamie Burke, CEO of Outlier Ventures, and Mason Nystrom, a research analyst at Messari, discuss the NFT craze that has enveloped the crypto world over the past few weeks. In this episode, they talk about:

  • their backgrounds, and how they became involved in crypto (1:19)
  • the major catalysts -- specifically Beeple and NBA Top Shot -- that have brought NFTs into the mainstream (5:29)
  • why NFTs are a “megatrend” and not just another ICO-like bubble (13:35)
  • how to explain non-fungible tokens to normies (18:06)
  • what someone is actually purchasing when they buy an NFT (24:46)
  • the reasons behind NBA Top Shot's success and why it is so difficult to withdraw money from its platform (36:27)
  • the best way to scale NFTs and why Ethereum, despite severe storage limitations, will most likely remain the most popular blockchain on which to mint NFTs (41:44)
  • why the gaming, fashion, and music industries will be disrupted by NFTs (49:37)
  • when the current subscription-based business model for content creators will transition to the ownership economy (55:10)
  • the differences between the marketplaces and platforms that make up the NFT economy (57:06)
  • whether NFT valuations will go to zero and the challenges of appraising digital art (1:03:39)
  • their predictions for the market capitalization of NFTs by the end of 2021 (1:15:23)

 

Thank you to our sponsors! 

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

 

Square: https://square.com/go/unchained 

 

Episode Links: 

 

Jamie Burke

 

Mason Nystrom

 

NFT Sales Mentioned

 

NFT Guides

 

Miscellaneous Links: 

Flow blockchain: https://www.onflow.org/primer

Mar 16, 2021
Unconfirmed: Why This Environmentalist Doesn’t Blame Creators for the Carbon Footprint of NFTs - Ep.219
38:13

Brendan McGill, co-founder of Offsetra and Carbon.fyi, a company focused on reducing carbon emissions, talks about the environmental impact of NFTs. In this episode, Brendan discusses:

  • his career as an environmentalist and how his sites intersect with crypto (1:07)
  • why online art platform ArtStation canceled its plans to create an NFT program (3:21)
  • what the environmental impact of NFTs actually is and why minting and transacting with NFTs has a greater environmental impact than for normal Ethereum transactions (5:21)
  • misconceptions surrounding the environmental impact of NFT minting and why he believes artists should not be blamed for the carbon footprint calculated by Offsetra (6:57)
  • what accounts for the emissions in NFT transactions and why it’s hard to calculate the exact environmental impact of any specific NFT, and why minting NFTs doesn’t necessarily increase emissions (7:32) 
  • why NFTs aren’t really responsible for the bulk of emissions from Ethereum and why Brendan thinks the backlash against NFT creators for the environmental impact is unfair (12:02)
  • how Offsetra and Carbon.fyi attempt to calculate the amount of ‘clean’ energy vs. fossil fuels used in PoW mining and what assumptions they use (13:59)
  • the methods (and blockchains) artists are using to create “clean NFTs” (16:17)
  • Crypto New Recap (16:17)

 

Thank you to our sponsor! 

Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021

 

Episode links:

Brendan McGill: https://www.linkedin.com/in/brendanmc6/

 

Offsetra: 

 

Reading Material:

Other:

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/a-69-million-nft/

Mar 12, 2021
Can dYdX Become a Decentralized BitMEX? How It Is Scaling With StarkWare - Ep.218
01:09:11

Antonio Juliano, founder of the decentralized exchange dYdX, and Eli Ben-Sasson, cofounder of StarkWare, discuss the recent launch of dYdX on Ethereum layer 2 using StarkWare’s scaling technology. In this episode, they cover:

  • what cross-margin perpetual trading is and why dYdX chose StarkWare to be its scaling partner (1:13)
  • ZK rollups and how they contrast with optimistic rollups (8:49)
  • how many transactions per second StarkWare can handle through its layer 2 solution (16:57)
  • lessons learned and critical takeaways from their six months spent working together (20:15)
  • the similarities between Ethereum and StarkNet (26:07)
  • why Antonio believes that scalability is more important than composability (27:30)
  • the benefits of decentralized exchanges and how dYdX fits into the dex marketplace (31:54)
  • why dYdX chose Chainlink as its oracle provider, and how it got oracle prices onto layer 2, which previously had none (38:11)
  • why Cairo, StarkWare’s Turing-complete programming language and platform, can be the “one verifier to rule them all” (42:10)
  • what it was like for StarkWare to compete in the Great Reddit Scaling Bake-Off (45:41)
  • whether or not DeFi could handle a GameStop/Robinhood situation (48:56)
  • fair launch tokens versus VC tokens (54:12)
  • the likelihood of dYdX and StarkWare each creating a token (58:19)
  • upcoming developments and projects for both companies (1:02:14)

 

Thank you to our sponsors! 

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla

 

Square: https://square.com/go/unchained

 

Episode Links:

Antonio Juliano

Eli Ben-Sasson

dYdX

StarkWare

dYdX and StarkWare Relationship

 

Other

https://www.reddit.com/r/ethereum/comments/hbjx25/the_great_reddit_scaling_bakeoff/

Mar 09, 2021
Unconfirmed: Is Coinbase Stock a Good Buy? This Analyst Says Yes - Ep.217
32:33

Gil Luria, director of research at D.A. Davidson, talks about the upcoming Coinbase direct listing and his recent research note, “Introducing Crypto’s Amazon Moment.” In this episode, Gil discusses:

  • his crypto background, including his experience as the first Wall Street analyst to cover Bitcoin back in 2013 (1:27)
  • why the Coinbase IPO is going to be an inflection point for the crypto industry (3:02)
  • why he gave Coinbase's upcoming stock a “buy” rating (4:14)
  • who Coinbase's biggest competitors are (5:13)
  • why Gil believes Coinbase is the “gold standard” in crypto (6:29)
  • how investing in Coinbase stock compares to investing in actual crypto assets (8:13)
  • how he came to $195 price target for COIN (10:39)
  • why a $2 billion revenue estimate for Coinbase in 2021 might be conservative (12:01)
  • how Coinbase is generating money outside of transaction fees (14:19)
  • whether he expects the institutional adoption trend to grow (15:49)
  • what his expectations are for the price of COIN on the day it opens (17:20)
  • why GBTC is no longer trading at a premium to the spot price of bitcoin (18:20)
  • whether Gil will continue to cover crypto (20:05)
  • crypto News Recap (20:53) 

 

Thank you to our sponsor!

Crypto.com: https://bit.ly/3jzkTAD 

Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla

 

Episode links:

Gil Luria’s Twitter profile: https://twitter.com/gilluria 

 

Crypto’s Amazon Moment: https://markets.businessinsider.com/currencies/news/coinbase-direct-listing-public-coverage-stock-price-amazon-cryptocurrency-dadavidson-2021-3-1030150896 

 

Introducing Crypto’s Amazon Moment: https://unchainedpodcast.com/wp-content/uploads/2021/03/DA-Davidson-Coinbase-Initiation-20210302.pdf

 

Coinbase S-1 Filing: https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm 

 

2013 Quote from Gil on Bitcoin: https://www.streetinsider.com/Analyst+Comments/Bitcoin+Could+Be+Worth+10-100x+Current+Price+-+Analyst/8936836.html 

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/the-irs-clarifies-its-position-on-crypto-purchases/

 

Mar 05, 2021
Caitlin Long: Why Avanti Will Be a New Kind of Crypto Bank - Ep.216
01:04:58

Caitlin Long, founder and CEO of Avanti Financial Group, talks about the issues plaguing the current state of technology in traditional finance and how her background as a 22-year Wall Street veteran, gubernatorial appointee to the Wyoming Blockchain Task Force, and crypto pioneer is helping her shape Avanti into a bridge between conventional banking and crypto. Tune in to hear Caitlin discuss:

  • the current state of crypto adoption on Wall Street (1:09)
  • how her entrepreneurial spirit galvanized a career spanning Wall Street, the Wyoming Legislature, and, now, crypto banking (2:07)
  • why Caitlin fell in love with Bitcoin (4:57)
  • fractional reserves and why the current financial system is a “violation of property rights” (7:00)
  • how stablecoin technology will change banking leverage and what effects faster settlement times will have on inflation (11:30)
  • why corporate treasurers have been using BTC since 2014 in foreign exchange transactions (17:14)
  • what issues Wyoming is trying to solve through crypto legislation and why banks might be closing down customer accounts linked to crypto exchanges (19:18)
  • a proposed Wyoming bill that would prohibit judges from disclosing private cryptographic keys (28:32)
  • where the idea for Avanti came from and how it will be different than other banks (32:50)
  • existing problems with stablecoin regulation and a deep-dive into GAAP accounting for crypto (46:51)
  • why Wall Street’s accounting system is to blame for the GameStop and Robinhood situation (52:32)
  • whether or not a blockchain could work for settling securities (52:32)
  • her thoughts on pension funds and endowments directly owning crypto (59:54)
  • what it is going to take for Avanti to successfully bridge the gap between traditional finance and crypto (1:02:38)

 

Thank you to our sponsors! 

Crypto.com: https://bit.ly/3jzkTAD

Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla

 

Square: http://square.com/go/unchained

 

Episode links: 

Caitlin Long

Twitter: https://twitter.com/CaitlinLong_ 

Personal website: https://caitlin-long.com/ 

CoinDesk profile: https://www.coindesk.com/most-influential/2019/caitlin-long 

 

Avanti

Website:  https://avantibank.com/ 

Twitter announcement: https://twitter.com/CaitlinLong_/status/1231958552790482950 

Avit: https://www.coindesk.com/unpacking-the-avit-avanti-banks-new-digital-asset-being-built-with-blockstream 

Banking charter: https://www.forbes.com/sites/michaeldelcastillo/2020/10/28/avanti-unanimously-wins-bitcoin-banking-charter/?sh=50db610816aa 

Wyoming and blockchain: https://www.coindesk.com/haven-blockchain-case-wyoming

GAAP accounting and crypto: https://twitter.com/CaitlinLong_/status/1356759511856410624 

Trust charter vs. SPDI: https://twitter.com/CaitlinLong_/status/1349850451374587907 

Special purpose depository institutions: https://twitter.com/CaitlinLong_/status/1194022779730968577 

Bailment: https://www.forbes.com/sites/andreatinianow/2019/03/07/a-split-emerges-in-blockchain-law-wyomings-approach-versus-the-supplemental-act/?sh=49635109719a 

Caitlin on GameStop:

https://www.coindesk.com/first-mover-crypto-gamestop-bitcoin-dogecoin 

 

Previous Episodes

 

On How 'Utility Tokens' Are Now Legal in Wyoming, 2018

Why the ICE/BAKKT News Makes Some Crypto Investors Nervous, 2018

How Avanti Will Be a 'Not Your Keys, Not Your Coins' Bank, Feb 2020

Mar 02, 2021
Unconfirmed: Coinbase's S-1: The Number That May Make the Exchange Nervous - Ep.215
33:38

Jeff Roberts, executive editor at Decrypt and author of “King of Crypto: One Startup’s Quest to take Cryptocurrency Out of Silicon Valley and Onto Wall Street” talks about Coinbase going public. In this episode we discuss:

  • Jeff's biggest takeaways from Coinbase’s S-1 filing (0:56)
  • why institutions are choosing Coinbase (2:42)
  • how Coinbase going public feels like validation for bitcoiners (4:37)
  • issues Coinbase may face as a business that currently generates 96% of revenue through transaction fees (6:25)
  • Why Surojit Chatterjee has so much equity in Coinbase (11:29)
  • why Coinbase has only invested $130 million in crypto through its corporate treasury (12:26)
  • whether or not decentralized exchanges like Uniswap pose a threat to Coinbase, and whether unregulated centralized exchanges might squeeze them from the other end (15:41)
  • challenges Coinbase will face going forward (19:13)
  • how well the stock will do once it's listed (20:05)
  • Crypto News Recap (20:59) 

 

Thank you to our sponsor!

Crypto.com: https://bit.ly/3jzkTAD 

Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla

 

Episode Links

Jeff Roberts

Twitter: https://twitter.com/jeffjohnroberts

Personal Website: https://jeffjohnroberts.com/ 

Decrypt: https://decrypt.co

Kings of Crypto: https://store.hbr.org/product/kings-of-crypto-one-startup-s-quest-to-take-cryptocurrency-out-of-silicon-valley-and-onto-wall-street/10436

 

Coinbase S-1 Filing Information

S-1 Form: https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm

Coinbase Profit: https://decrypt.co/59347/coinbase-big-profit-for-2020-ahead-of-milestone-ipo-direct-listing

S-1 Deep Dive: https://www.theblockcrypto.com/post/95921/coinbases-s-1-public-filing-is-now-public-setting-stage-for-a-direct-listing-on-nasdaq

Sending to Satoshi Nakamoto: https://decrypt.co/59509/coinbase-s-1-filing-bitcoin-satoshi-nakamoto + https://twitter.com/laurashin/status/1364954956571279369 

Share Distribution: https://decrypt.co/59439/coinbase-insiders-very-rich-goes-public

Pre-IPO Shares: https://www.theblockcrypto.com/linked/96057/coinbase-pre-ipo-shares-ftx-s1 

Armstrong Income: https://www.coindesk.com/coinbase-sec-form-s-1 

Balance Sheet: https://www.theblockcrypto.com/post/96021/coinbase-says-holds-bitcoin-btc-on-balance-sheet 

Transaction Revenue: https://twitter.com/lawmaster/status/1364972834167148548

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/the-one-figure-in-the-coinbase-s-1/

Feb 26, 2021
Paxos's Charles Cascarilla - How Blockchain Tech Could Prevent Another GameStop/Robinhood - Ep.214
01:17:26

In this episode of Unchained, Charles Cascarilla, CEO and cofounder of Paxos, explains how the 2008 financial crisis led him to crypto, what financial plumbing has to do with GameStop, and how Paxos is leveraging blockchain technology to change financial services. In this episode Charles discusses:

  • his work experience prior to Paxos and how the financial crisis in 2008 opened his eyes to Bitcoin and blockchain (01:07)
  • what it was like to work in Bitcoin during the early days compared to now (4:02a)
  • why Paxos decided to focus on building solutions for institutions rather than targeting the retail market like Coinbase (11:38)
  • the relationship between Paxos and PayPal + why PayPal customers can’t send crypto directly to their wallets or crypto addresses yet (19:37)
  • how Microstrategy and Tesla are bringing Bitcoin mainstream (25:31)
  • what really happened with GameStop and Robinhood and why financial plumbing matters (30:34)
  • how the Paxos Settlement Service is bringing greater transparency to financial markets by using blockchain technology (39:02)
  • what other assets he thinks will be tokenized (50:32)
  • stablecoin regulation and why this might be as good as it gets for Tether (58:36)
  • why Paxos chose to pursue a New York State trust company charter instead of a BitLicense (1:06:15)
  • what changes he would make to crypto regulation for 2021 and beyond (1:09:28)
  • what’s next for Paxos (1:15:12)

 

Thank you to our sponsors! 

Crypto.com: https://bit.ly/3jzkTAD

Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla

Square: https://square.com/go/unchained

 

Episode links: 

Charles Cascarilla

Linkedin: https://www.linkedin.com/in/charlescascarilla/ 

Coindesk Profile: https://www.coindesk.com/charles-cascarilla-most-influential-2020

Previous interview with Laura: https://unchainedpodcast.com/chad-cascarilla-on-paxoss-partnership-with-paypal/

Presentation at Microstrategy’s Bitcoin for Corporation’s conference: https://www.microstrategy.com/en/bitcoin/videos/paxos

Blog post on the GameStop saga: https://www.paxos.com/what-lehman-brothers-gamestop-and-the-next-financial-crisis-have-in-common/

Interview with Frank Chaparro: https://www.theblockcrypto.com/post/61823/the-scoop-paxos-cascarilla-coronavirus 

 

Paxos

Twitter: https://twitter.com/PaxosGlobal + https://twitter.com/PaxosStandard 

Paxos Settlement Service: https://www.paxos.com/securities/ + https://www.reuters.com/article/us-crypto-currencies-paxos/paxos-to-launch-settlement-of-u-s-listed-equities-after-secs-no-action-letter-idUSKBN1X727M

Series C Fundraising: https://www.theblockcrypto.com/post/88133/142-million-series-c-paxos-crypto-stablecoins 

Wall Street Journal write-up: https://www.wsj.com/articles/blockchain-makes-inroads-into-the-stock-markets-1-trillion-plumbing-system-11573131600

Plans to tokenize precious metals: https://www.theblockcrypto.com/linked/15413/paxos-plans-to-put-precious-metals-on-the-blockchain

 

Other Links

Paypal’s crypto-focused business unit: https://www.theblockcrypto.com/post/93668/paypal-crypto-business-unit-earnings-2021

Paypal’s Q4 earnings: https://www.coindesk.com/paypal-2020-results-outstanding-finish-to-a-record-year 

Stablecoin rankings: https://stablecoinstats.com/

Tether whitepaper: https://tether.to/wp-content/uploads/2016/06/TetherWhitePaper.pdf

BitLicense: https://www.dfs.ny.gov/apps_and_licensing/virtual_currency_businesses/regulation_history

Feb 23, 2021
Unconfirmed: Girl Gone Crypto: How These Wildly Entertaining Crypto Videos Get Made - Ep.213
38:35

Lea Thompson, aka Girl Gone Crypto, talks about what goes into producing her popular “The Crypto Minute” vlog, what initially got her into crypto, and her recent decision to quit her day job and go full time crypto. In this episode we discuss:

  • what “The Crypto Minute” is all about, and all the crypto video content she produces (2:37)
  • how Lea comes up with creative content such as wearing a whale costume to portray Microstrategy CEO Michael Saylor (5:04)
  • how long it actually takes to create “The Crypto Minute” (6:36)
  • what goes into producing “The Crypto Minute” and which family member is behind the camera (7:05)
  • the biggest challenges Lea faces when creating her videos and how she decides which stories make the final cut (8:56)
  • Lea’s favorite bloopers including, but not limited to, rug pulls, sushi, an Amazon money printer, and a few fake $100 bills (10:28)
  • how Girl Gone Crypto fell down the crypto rabbit hole and why her ukulele skills were instrumental to her crypto journey (12:54)
  • the time when JK Rowling tweeted about Bitcoin, resulting in Lea’s viral “A Muggle’s Guide to Bitcoin” video (17:31)
  • what type of crypto content works best on different social media platforms such as Twitter, YouTube, and TikTok  (20:00)
  • when Girl Gone Crypto stopped being a hobby and how it is going now that Lea is full-time crypto (21:46)
  • how Lea is trying to educate people about crypto in a simple and approachable way… one ninja suit at time (22:34)
  • Crypto News Recap (26:12)

 

Thank you to our sponsors!

Crypto.com: https://bit.ly/3jzkTAD

Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla

The Sun Exchange: http://thesunexchange.com/unconfirmed

 

Episode links:

Lea Thompson: https://twitter.com/girlgone_crypto

Her YouTube: https://www.youtube.com/c/GirlGoneCrypto

Her TikTok: https://www.tiktok.com/@girlgone_crypto?source=h5_m

Lea's personal website: https://www.lealovescrypto.com/

 

Video Examples

2020 Year in Review… News Vlog Style: https://twitter.com/girlgone_crypto/status/1344384717466914817?s=20 

A Muggle’s Guide to Bitcoin: https://twitter.com/girlgone_crypto/status/1261445010832015361?s=20

Hardware Wallets Explained: https://twitter.com/girlgone_crypto/status/1329580439820849153?s=20

 

Miscellaneous Information

Fair Use: https://www.copyright.gov/fair-use/more-info.html

Money Printer: https://www.amazon.com/Printing-Machine-Magician-Close-Up-Accessories/dp/B07XRBDCL8

 

Link to the Crypto News Recap:

https://unchainedpodcast.com/a-300k-btc-by-eoy/

 

Feb 19, 2021
Stani Kulechov on Why Aave Is So Successful - Ep.212
01:14:56

Stani Kulechov, founder and CEO of Aave, comes onto the show to discuss the lending protocol and second-biggest DeFi project by total value locked. Here are some of the highlights: 

  • How Stani’s background studying law and his passion for fintech led him to the world of smart contracts (1:53)
  • Why he decided to transition ETHLend to Aave, and how that eliminated the “meme” narrative (5:55)
  • How Stani would explain Aave to a five-year-old, or your normie friend (9:04)
  • What new features were released in Aave v2 (15:54)
    • reducing overall gas costs
    • aTokens
    • swapping collateral
    • debt tokens
  • What Aavenomics is and how the “safety module” attempts to keep the protocol secure (20:39)
    • How AAVE works as a governance token
    • Active versus passive risk in governance staking
  • How Aave is transitioning from a centralized to a decentralized protocol (25:01)
    • what he's finding difficult about this process
    • issues with voting and an over-reliance on the Aave team
    • delegating voting power to what he calls “protocol politicians” and whether this is good or bad for DeFi
  • Who is using Aave and how they are using it? (37:27)
    • what OpenLaw is and how OpenLaw contracts work
    • how credit delegation, or unsecured loans enforced by law, differ in v2 vs V1
    • how people could use lending protocols to build credit
  • What Aave plans to do with the E-Money (EMI) license it obtained in the UK (50:51)
  • Since Aave was a pioneer in flash loans, which are responsible for the majority of DeFi attacks, whether Stani would do anything differently (53:12)
  • Aave’s partnership with tokenized real estate project RealT and how Aave manages it given that, in the US, RealT tokens are securities and can only be sold to accredited investors (58:42)
  • How Aave has been thinking about scaling given the high fees on Ethereum (1:03:57)
  • Why building a moat in DeFi is impossible (1:07:16)
  • What is next for Aave (1:11:40)

 

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

 

Episode links: 

Stani Kulechov: https://twitter.com/StaniKulechov

Aave: https://aave.com

Aave stats: https://aavewatch.com

 

Protocols mentioned

Aavenomics

Decentralization concepts

Other topics

Aave Version 2: https://medium.com/aave/the-aave-protocol-v2-f06f299cee04 + https://github.com/aave/protocol-v2/blob/master/aave-v2-whitepaper.pdf

Feb 16, 2021
Lyn Alden and Raoul Pal: Is Ethereum a Good Investment? - Ep.211
01:06:37

Lyn Alden, CEO and founder of Lyn Alden Investment Strategies, and Raoul Pal, CEO & cofounder  of Real Vision Group & Global Macro Investor, explain their thinking about Ethereum and its native token, and talk about their perspective on GameStop. In this episode, we discuss:

  • why Raoul views ether as similar to bitcoin at a macro level (1:25)
  • why Lyn decided ETH was not currently investable (5:06)
  • an analysis of utility protocols (John Pfeffer’s paper) (6:55)
  • counterarguments to John Pfeffer’s paper (9:31)
  • how to allocate between BTC and ETH (11:22)
  • why Raoul also invested in other coins beyond BTC and ETH (11:47) 
  • whether Metcalfe's law applies equally to all kinds of networks (13:35)
  • why Lyn views Ethereum’s use case as circular, and why that makes it less investable (15:09)
  • whether Ethereum 2.0 and Ethereum Improvement Proposal 1559, and whether that could make ETH more investable (21:20)
  • the impact of fees on the value of Ethereum (23:36)
  • Raoul's views on what S-Curves and the Lindy Effect indicate about the development of a currency (25:22)
  • how high fees make DApps less attractive, while low fees potentially decrease demand for ETH (27:06)
  • how Lyn believes demand for DeFi is to circumvent compliance and know-your-customer processes, and she doesn't also see that as a downside for Bitcoin (33:10)
  • how the regulators are behind innovation in cryptocurrencies, particularly around taxation (36:32)
  • Raoul's and Lyn's predictions for the ETH price by end of 2021 (41:45)
  • what GameStop says about the democratization of financial information (45:32)
  • whether smart contracts could play in preventing situations similar to what happened with GameStop and/or Robinhood (49:03)
  • how blockchain technology could be used to prevent a situation in which the hedge funds could short more shares than existed (54:03)
  • how the GameStop/Robinhood saga is a giant advertisement for self-custody (54:53)
  • whether r/WallStreetBets' behavior was market manipulation or not (56:53)

 

Thank you to our sponsor! 

Crypto.com: http://crypto.com

 

Episode links: 

Lyn Alden: https://twitter.com/LynAldenContact

Lyn Alden Investment: https://www.lynalden.com/

 

Raoul Pal: https://twitter.com/RaoulGMI

Real Vision: https://www.realvision.com/contributor/raoul-pal

Global Macro Investor: https://www.globalmacroinvestor.com

 

Raoul's tweet storm on Ethereum: https://twitter.com/RaoulGMI/status/1347013567799848961?s=20

Lyn Alden’s research paper on Ethereum: https://www.lynalden.com/ethereum-analysis/

Raoul Pal’s tweet: ETH equals BTC: https://twitter.com/raoulgmi/status/1347013567799848961?lang=en

John Pfeffer’s paper: https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor's+Take+on+Cryptoassets+v6.pdf

Network effects and Metcalfe’s Law: https://saylordotorg.github.io/text_developing-new-products-and-services/s04-12-there-is-power-in-numbers-netw.html

Quantity Theory of Money: https://saylordotorg.github.io/text_economics-theory-through-applications/s30-01-the-quantity-theory-of-money.html

How Will the Government React to GameStop?: https://www.coindesk.com/gamestop-regulators-response

GameStop and Crypto trading: https://cryptonews.com/exclusives/are-gamestop-style-surges-in-crypto-any-different-from-old-p-9151.htm

Robinhood Raises Extra funds: https://www.theblockcrypto.com/linked/93258/report-robinhood-billions-raised-investors-1

Possible role of blockchain in trading: https://cointelegraph.com/news/cardano-foundation-ceo-says-blockchain-could-prevent-gme-type-showdowns

Caitlin Long: https://www.forbes.com/sites/caitlinlong/2019/05/16/naked-shorting-in-the-uber-ipo-it-couldnt-happen-on-a-blockchain/?sh=f2a0dcd4737d

Feb 09, 2021
Everything You Need to Know About Your 2020 Crypto Taxes - Ep.210
01:15:30

In this episode, Shehan Chandrasekara, head of strategy at CoinTracker, and Dan Hannum COO at Zen Ledger, take a deep dive into the world of crypto taxes. Over an hour and fifteen minutes they tackle a bevy of topics ranging from why the IRS is asking about your crypto history to explaining the proper way of reporting yield farming income. Shehan and Dan give up their hard-earned tax secrets and tips learned through building their respective cutting-edge crypto tax software. Here is a list of talking points covered in the discussion:

  • how the IRS is handling crypto this year (1:20)
  • where to start with reporting crypto and what constitutes a taxable event (5:59)
  • bitcoin corner cases:
    • mining, with a description of calculating cost basis (19:48) 
    • wages (27:01)
    • peer-to-peer transactions outside of exchanges (28:23)
  • defi and taxes:
    • yield farming — and how it's like Russian nesting dolls (31:45)
    • how the IRS taxes earned interest (36:32)
    • airdrops (40:15)
  • crypto transactions that are not taxable: purchases, withdrawals, and stablecoins (46:28)
  • navigating tax documents (51:24-58-10)
  • NFT’s and social tokens (57:14)
  • tax loss harvesting (1:03:09)
  • how having coins on platforms like Robinhood and Paypal can have an effect on your taxes (1:05:05)
  • proposed tax changes (1:06:50)
  • crypto tax software and tips for the upcoming year (1:10:29)

 

Thank you to our sponsor! 

Crypto.com: http://crypto.com

 

Episode links: 

 

Guests

 

Software

 

Accounting

 

Regulatory research:

 

Backstory:

 

Yield farming and social tokens:

 

Crypto tax guides

Nerd Wallet: https://www.nerdwallet.com/article/investing/bitcoin-taxes

Feb 02, 2021
Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin - Ep.209
01:38:03

Michael Saylor, CEO and founder of Microstrategy, explains how he decided the publicly traded business data firm needed to put its excess cash in bitcoin and what happened afterward. In this episode, we discuss: 

  • why Microstrategy decided to buy Bitcoin, and how the pandemic spurred that
  • whether his previous experience with Microstrategy stock imploding after accounting irregularities were revealed had any bearing on the company's decision to buy bitcoin
  • the reactions of the officers and board members to his suggestion to invest in bitcoin
  • why they put all the excess cash into bitcoin as opposed to some percentage
  • what parts of the bitcoin industry could be improved to better serve corporate interests
  • whether Microstrategy intends to take any money off the table at the top of any future bubbles and reinvest when the price hits a new low
  • whether it hurts Microstrategy that GAAP rules require the company to mark Bitcoin down to the lowest price it traded at during the quarter
  • how his life has changed since Microstrategy bought bitcoin
  • what he thought of Citi downgrading Microstrategy stock
  • what he thinks of Renaissance Technology being the third-largest buyer of Microstrategy stock since the summer
  • what will happen to Microstrategy stock in a bitcoin bear market
  • whether or not there was any further conversation after his tweets with Elon Musk
  • what types of companies, and how many, have been talking with him, expressing interest in buying bitcoin
  • what will happen at the Bitcoin for Companies conference
  • what type of bitcoin data products they are contemplating offering
  • what he thinks will happen to the USD’s global reserve currency status
  • what it would take for him to sell any bitcoin

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

1inch: http://1inch.exchange

 

Episode links: 

Michael Saylor: https://twitter.com/michael_saylor

Microstrategy: https://www.microstrategy.com/en

Bitcoin for Corporations: https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit

 

Microstrategy purchases an additional $10 million in bitcoin: https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-an-additional-10m-in-bitcoin 

https://www.microstrategy.com/content/dam/website-assets/collateral/financial-

documents/financial-document-archive/Form-8-K_jan-22-2021.pdf

 

Unchained interview with Saifedean Ammous: https://unchainedpodcast.com/why-bitcoin-now-saifedean-ammous-on-why-bitcoin-is-the-most-advanced-form-of-money/

 

August 11, 2020: Microstrategy adopts Bitcoin as its primary reserve asset: https://ir.microstrategy.com/news-releases/news-release-details/microstrategy-adopts-bitcoin-primary-treasury-reserve-asset

 

August 11, 2020: Microstrategy makes tender offer to purchase up to $250 million of its common stock: https://ir.microstrategy.com/news-releases/news-release-details/microstrategy-announces-commencement-modified-dutch-auction

 

September 11, 2020: Microstrategy to purchase $60.5 million of common stock: https://ir.microstrategy.com/news-releases/news-release-details/microstrategy-announces-final-results-modified-dutch-auction

 

Plan to offer $550 million in convertible notes: https://www.theblockcrypto.com/linked/87120/microstrategy-550m-convertible-notes-bitcoin

 

Microstrategy announces over $1 billion in Bitcoin purchases in 2020: https://www.microstrategy.com/en/company/company-videos/microstrategy-announces-over-1b-in-total-bitcoin-purchases-in-2020

 

Michael Saylor’s 2013 tweet on Bitcoin: https://twitter.com/michael_saylor/status/413478389329428480?s=20

 

Forbes expose on unusual accounting practices by Microstrategy back in 2000: https://www.forbes.com/global/2000/0306/0305024a.html?sh=46312df01674

April 2000 profile of Michael in The New Yorker: https://archives.newyorker.com/newyorker/2000-04-03/flipbook/034/

SEC enforcement action against Microstrategy: https://www.sec.gov/litigation/admin/34-43724.htm

Forbes profile after the SEC enforcement action: https://www.forbes.com/2000/12/18/1218faces.html?sh=523061e03bf9

Forbes announcing Microstrategy would restate earnings after its expose: https://www.forbes.com/2000/03/20/mu3.html?sh=21efe89d1ee6

Summary of SEC action: https://www.nytimes.com/2000/12/15/business/microstrategy-chairman-accused-of-fraud-by-sec.html

 

Citi downgrading MSTR: https://www.theblockcrypto.com/linked/87054/citi-microstrategy-stock-downgrade-bitcoin

 

Renaissance Technologies has been third-largest buyer of Microstrategy’s stock since the summer: https://www.theblockcrypto.com/linked/87194/renaissance-technologies-microstrategy-bitcoin 


Microstrategy contemplating bitcoin data products: https://www.theblockcrypto.com/post/85310/microstrategy-bitcoin-data-products

Jan 26, 2021
The SEC's Lawsuit Against Ripple and 2 Execs: What You Need to Know - Ep.208
01:08:52

Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC's lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain:

  • what was so "egregious" that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged 
  • why their sales showed an information asymmetry, and why that matters
  • why the complaint comes close to being a fraud case, but why the SEC didn't charge them with fraud
  • why the idea that XRP is a currency and therefore cannot be a security will likely not fly
  • why it's unlikely the case will go to the Supreme Court
  • the SEC's case for why XRP is a security, and Ripple's role in it
  • how even on a technical level, the XRP network is centralized
  • how strong the SEC's case is against Larsen and Garlinghouse
  • Stephen's and Gabriel's predictions on how the lawsuit will play out
  • how this will likely impact XRP investors
  • whether or not Ripple could become an SEC-reporting company and XRP a security
  • what happened with Ripple's lead investor in its most recent fundraising round
  • whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading
  • what this means for Coinbase, in particular, because it's going public later this year
  • what Ripple's defense, in its summarized Wells submission, was 
  • how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram
  • whether there might ever be a digital token that is determined to be a security for specific transactions but not others
  • what the wider implications of the case are for the rest of the crypto industry 

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

1inch: https://1inch.exchange

 

Episode links: 

Stephen Palley: https://twitter.com/stephendpalley

Gabriel Shapiro: https://twitter.com/lex_node

 

SEC lawsuit against Ripple: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf

 

SEC lawsuit against Ripple being close to a fraud case: https://twitter.com/stephendpalley/status/1341523294344896515?s=20

 

Former SEC commissioner Joe Grundefest on the case: https://www.theblockcrypto.com/linked/89164/former-sec-commissioner-says-ripple-lawsuit-will-cause-multi-billion-dollar-losses-to-innocent-third-parties

 

Other lawsuit against Ripple: https://www.courtlistener.com/recap/gov.uscourts.cand.334410/gov.uscourts.cand.334410.115.0.pdf

 

Technical assessment of Ripple network: https://cryptobern.github.io/noconsensusripple/

 

Tetragon’s case against Ripple: https://twitter.com/stephendpalley/status/1346531087971999749?s=20

 

What the case means for exchanges: https://www.coindesk.com/coinbase-delist-xrp-exchanges-dilemma

 

Coinbase suspends trading in XRP: https://blog.coinbase.com/coinbase-will-suspend-trading-in-xrp-on-january-19-2e09652dbf57

https://www.coindesk.com/coinbase-suspends-xrp-trading

 

Lawsuit against Coinbase: https://www.bloomberg.com/news/articles/2020-12-30/coinbase-sued-over-xrp-commissions-after-sec-pursues-ripple?sref=m9L277rN

https://twitter.com/stephendpalley/status/1344352455895691269?s=20

 

People in the industry thinking for a while that XRP is a security: https://www.theblockcrypto.com/genesis/57366/xrp-is-probably-a-security-dont-at-me

 

Mary Jo White: https://www.coindesk.com/former-sec-chair-represents-ripple-xrp-lawsuit


Ripple’s Wells submission: https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdf

Jan 19, 2021
Willy Woo: How Bitcoin Reaches up to $300,000 by End of Year - Ep.207
01:11:34

Willy Woo, a prominent on-chain Bitcoin analyst and author of the “The Bitcoin Forecast,” a market intelligence newsletter, explains the parabolic activity of Bitcoin in the past month. We cover: 

  • why he thinks Bitcoin has more than doubled in the last month
  • what the "double pump" market is and why Bitcoin may see two rallies this cycle
  • what stage of the Bitcoin bull market we are currently in
  • who is buying, and how they've differed from previous investors
  • who still is yet to buy this cycle
  • why Bitcoin hitting new all-time highs mean that we're in "uncharted price discovery"
  • how his "top cap model" shows Bitcoin could be around $95k by end of year
  • and how if certain trends accelerate, it could reach $200,000-$300,000 by year's end
  • how the pandemic impacted Bitcoin’s price
  • what on-chain movements he's seeing that make him call the current cycle of Bitcoin "whale spawning season” 
  • how to gauge the increasingly rapid investor activity 
  • what to expect from Bitcoin and Ethereum in 2021

 

Thank you to our sponsors!

Crypto.com: http://crypto.com

1inch: http://1inch.exchange 

 

Episode links: 

Willy Woo: https://twitter.com/woonomic

Woobull.com: http://charts.woobull.com

 

Willy on Unconfirmed: https://unchainedpodcast.com/willy-woo-on-why-its-an-extremely-great-time-to-buy-bitcoin/

 

Fibonacci traces tweet: https://twitter.com/woonomic/status/1347433551906500614?s=20

 

Bitcoin reflexivity: https://twitter.com/woonomic/status/1344189627997949952/photo/1

 

Who has been buying recently: https://twitter.com/woonomic/status/1347127159538688002?s=20

 

Double pump bull market: https://twitter.com/woonomic/status/1346889817792004096?s=20

 

Buying by long-term holders: https://twitter.com/woonomic/status/1346827893322616833/photo/1

 

What percentage of the Bitcoin supply is liquid: https://insights.glassnode.com/bitcoin-liquid-supply/

 

Premium above NVT Price: https://twitter.com/woonomic/status/1346797291668029440/photo/1

 

Accumulation of BTC before the OCC announcement: https://twitter.com/woonomic/status/1346296294797582336/photo/1

 

Will never see a $20k BTC again: https://twitter.com/woonomic/status/1345660018541019138?s=20

 

Bitcoin as investment vs. tech: https://twitter.com/woonomic/status/1345221723751206912?s=20


NVT Ratio: http://charts.woobull.com/bitcoin-nvt-ratio/

Jan 12, 2021
Central Bank Digital Currencies: How Should Privacy Be Built In? - Ep.206
56:25

This panel, from a panel for the fifth anniversary of Hyperledger, features Rob Palatnick, managing director of global head of technology research and innovation at the DTCC and chairman of the Hyperledger board, Matthieu Saint Olive, Codefi payments product manager and CBDC advisor at ConsenSys, and Robert Bench, assistant vice president at the Federal Reserve Bank of Boston. In this discussion on the current outlook on central bank digital currencies (CBDCs), they cover: 

  • what main problems CBDCs can solve
  • whether CBDCs should be open sourced
  • why building a new technology for CBDCs is preferred over using existing tech
  • how concerns over CBDCs and their privacy implications differ across countries
  • what possible pain points or opportunities CBDCs pose for central banks
  • whether CBDCs should be blockchain-based
  • to what extent CBDCs will be distributed and open networks, and whether fees would be charged for transactions
  • how central banks are thinking about methods of adoption, like whether they will bank directly with retail customers or still use commercial banks 
  • how developers balance the drawbacks and benefits of blockchain-based CBDCs with different stakeholders
  • whether stable coins will be replaced by or coexist with CBDCs
  • and what the future holds for the continued development of CBDCs

 

Thank you to our sponsors!

Crypto.com: http://crypto.com

1inch: http://1inch.exchange 

 

Episode links: 

Rob Palatnick: https://www.dtcc.com/our-experts/robert-palatnick

Brian Behlendorf: https://twitter.com/brianbehlendorf?lang=en 

Matthieu Saint Olive: https://twitter.com/msaintolive?lang=en 

Robert Bench: https://www.bostonfed.org/home/people/bank/robert-bench.aspx

Jan 05, 2021
2020 Highlights: The Biggest News Stories of the Year in Crypto - Ep.205
01:02:06

Host Laura Shin recaps the biggest stories of the year in crypto, with clips from shows throughout the year. In this episode, we cover how the pandemic drove Bitcoin to new all-time highs, how regulation began to come for the crypto space in a big way, plus new trends in DeFi, corporate structures, and how ETH will change as an asset. 

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

1inch: https://1inch.exchange

 

Episode links: 

Meltem Demirors on Bitcoin’s behavior during the recession https://unchainedpodcast.com/why-bitcoin-now-meltem-demirors-and-lyn-alden-on-the-perfect-conditions-for-bitcoin/

 

Mike Novogratz and Raoul Pal on Bitcoin’s relation to fiat https://unchainedpodcast.com/why-bitcoin-now-mike-novogratz-and-raoul-pal-on-the-single-greatest-brand-of-the-last-10-years/

 

Chamath Palihapitiya on Bitcoin as a financial hedge https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/

 

Cathie Wood and Dan Tapiero on corporate adoption of Bitcoin https://unchainedpodcast.com/why-bitcoin-now-bitcoin-under-a-biden-administration/

 

Dave Jevans and Siân Jones on regulation and VASPs https://unchainedpodcast.com/why-the-travel-rule-is-one-of-the-most-significant-regulations-in-crypto/ 

 

Jake Chervinsky and Kristin Smith on the Swiss Rule and self-hosted wallets https://unchainedpodcast.com/everything-you-need-to-know-about-the-looming-battle-over-privacy-in-crypto/

 

Jeremy Allaire and Kristin Smith on Mnuchin’s proposed FinCEN rule https://unchainedpodcast.com/why-is-the-proposed-fincen-rule-for-unhosted-wallets-being-pushed-so-quickly/

 

Jessi Brooks and Zia Faruqui on cryptocurrencies facilitating illicit activity https://unchainedpodcast.com/how-this-doj-strike-force-hunts-down-cryptocurrency-criminals/ 

 

Brian Brooks on Americans accepting more privacy restrictions https://unchainedpodcast.com/acting-comptroller-of-the-currency-brian-brooks-on-crypto-banks/

 

Meltem Demirors on privacy being under attack https://unchainedpodcast.com/why-bitcoin-now-meltem-demirors-and-lyn-alden-on-the-perfect-conditions-for-bitcoin/

 

Haseeb Qureshi on the maturation of DeFi https://unchainedpodcast.com/why-decentralized-trading-has-10xed-in-a-few-months/ 

 

Vitalik Buterin on risks that still exist in DeFi https://unchainedpodcast.com/vitalik-buterin-on-ethereums-five-year-anniversary/

 

Taylor Monahan and Dan Guido on DeFi security https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/ 

 

Vitalik Buterin reflecting on the last five years of Ethereum https://unchainedpodcast.com/vitalik-buterin-on-ethereums-five-year-anniversary/ 

 

Ryan Watkins on Ethereum 2.0 https://unchainedpodcast.com/ethereum-2-0-what-you-need-to-know/ 

 

Olaf Carlson-Wee on DeFi impacting the traditional corporate structure https://unchainedpodcast.com/olaf-carlson-wee-if-there-is-a-money-losing-exploit-the-money-is-gone/


Andrew Cronje on shifting corporate structures https://unchainedpodcast.com/andre-cronje-of-yearn-finance-on-yfi-and-the-fair-launch-im-lazy/

Dec 29, 2020
Why Is the Proposed FinCEN Rule for Unhosted Wallets Being Pushed So Quickly? - Ep.204
58:33

Jeremy Allaire of Circle Pay and Kristin Smith of the Blockchain Association explain the impact of and motivation behind Treasury Secretary Steve Mnuchin’s proposed FinCEN rule that targets “unhosted” wallets. In this episode, they cover:

  • what the new FinCEN rule says, and how it would impact unhosted or self-hosted wallets, as well as crypto businesses
  • why they believe this is really politically motivated and unilateral midnight rule making by Secretary Mnuchin 
  • what other bureaucrats and policymakers think should be done instead 
  • whether the rule only affects businesses rather than individuals 
  • what information will be recorded according to the rule
  • ways to circumvent compliance 
  • how the rule affects DeFi and Web3
  • the procedural hurdles Mnuchin took to propose the rule, and what they recommend the crypto community to do try to stop the implementation of the rule 
  • how the rule comports with European GDPR regulations 
  • which government entities will be tasked with making the regulatory changes the space needs 
  • why President-Elect Joe Biden’s administration may be more favorable for the space

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

1inch: http://1inch.exchange 

 

Episode links: 

Jeremy Allaire: https://twitter.com/jerallaire 

Kristin Smith: https://twitter.com/kmsmithdc

 

Circle: https://www.circle.com/en/

The Blockchain Association: https://theblockchainassociation.org

 

Stories on proposed rule: 

https://www.coindesk.com/fincen-proposes-kyc-rules-for-crypto-wallets

https://www.theblockcrypto.com/post/88347/treasury-crypto-wallets-reporting-rule

 

Effect on DeFi: https://twitter.com/jerallaire/status/1340060806088671232?s=20

 

https://twitter.com/jchervinsky/status/1340050400871911424?s=20

 

Coin Center response: https://www.coincenter.org/a-midnight-rule-for-cryptocurrency-transaction-reports/

 

Brian Armstrong’s earlier tweet thread: https://twitter.com/brian_armstrong/status/1331745196887867393


Collins Belton’s tweet thread: https://twitter.com/collins_belton/status/1340051986008350721?s=20

Dec 22, 2020
All the Ways Crypto Can Make Gaming More Fun - Ep.203
01:05:33

Marguerite deCourcelle is co-founder and CEO of Blockade Games, which is releasing the role-playing game game Neon District the day this episode comes out. She discusses her background in art, how her love of video games led her to discover Bitcoin in the early days of the cryptocurrency, and how she helps create the next phase of web 3.0 content creation and distribution. Topics include:

  • how Marguerite became involved in crypto and what led her to co-found Blockade Games
  • her work on Pineapple Arcade and Plasma Bears
  • the problems she sees with gaming and how blockchain technology can solve them
  • how Blockade Games is utilizing blockchain tech
  • Neon District, a blockchain-based RPG game with active gameplay and animation that uses NFTs and farming
  • the difference between ERC-721 and ERC-1155 tokens and how each is utilized in Neon District
  • how they have been marrying NFTs with DeFi through the NIFTEX exchange
  • how an open economy challenges the dynamics of gameplay and how they account for this in their game design
  • why a decentralized profile can be so powerful in gaming
  • the types of users Blockade Games hopes to attract with Neon District
  • why they are using the Matic Network
  • how blockchain tech within a game changes the business model for Blockade as opposed to a traditional gaming company
  • whether she thinks conventional gaming companies will be disrupted by blockchain technology
  • the problems in content creation business models and distribution and how she thinks blockchain can solve them
  • her personal token, COIN, how it is connected to CRED and how the two work together and people earn them
  • what Coin Artist Liquidity Mining is and how it works

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

1inch: http://1inch.exchange

 

Episode links: 

Marguerite: https://twitter.com/coin_artist

Coin Artist: https://coinartist.io

 

Yield farming NFTs: https://www.coindesk.com/nfts-yield-farming-defi-buzz-explained

 

Crypto puzzles: https://www.coindesk.com/theres-more-money-to-win-in-the-310-bitcoin-challenge-heres-some-hints

 

Blockade Games's seed round: https://www.coindesk.com/bitcoin-puzzle-artists-blockchain-gaming-startup-valued-at-13-million

 

CoinDesk podcast network with Marguerite: https://www.coindesk.com/what-artists-love-about-crypto

 

Delphi Digital podcast with Marguerite: https://www.delphidigital.io/podcasts/marguerite-decourcelle-building-towards-a-neon-future/

 

Delphi Digital report on Coin's E-den syndicate: https://www.delphidigital.io/reports/social-tokens-the-rise-of-the-coins-e-den-syndicate/

 

OpenSea store for Alex Botez chess pieces: https://opensea.io/collection/get-pwnd

 

Blog post about the Alexandra Botez collaboration: https://coin-artist.medium.com/bringing-chess-to-ethereum-5969d9cfa07a

Dec 15, 2020
Can Gavin Wood's Polkadot 'Make Blockchain Great Again'? - Ep.202
01:22:02

Gavin Wood, founder of Polkadot, Kusama, and Parity, discusses what he calls the "meta-protocol," Polkadot. In this episode, he talks about:

  • his vision for Polkadot and the problems he set out to solve when conceiving it
  • why he considers Polkadot a meta-protocol
  • the implementation of parachains and parathreads, how they are defined and how they differ
  • parachain auctions and candle auctions
  • how DDoS attacks can be prevented on parachains
  • initial parachain offerings and how they differ from initial coin offerings and avoid the regulatory problems that were so common with ICOs
  • on-chain governance on Polkadot and how it works
  • how immediate implementation of proposals that pass consensus will prevent forks
  • his answer to those who point to Parity's history with security lapses as cause for concern about Polkadot's security
  • how he sees Polkadot co-existing with Ethereum
  • whether Polkadot is working toward composability
  • how the Web3 Foundation and Parity plan to use their collective stake of DOTs within the network
  • how he plans to address the possibility that DOT could be labeled a security
  • how he imagines Polkadot will serve the enterprise world and how Polkadot will benefit enterprise blockchains

 

Thank you to our sponsors! 

1inch: https://1inch.exchange

Crypto.com: https://www.crypto.com

 

Episode links: 

Gavin Wood: https://twitter.com/gavofyork

Polkadot: https://polkadot.network

Kusama: https://kusama.network

Dec 08, 2020
Ethereum 2.0: What You Need to Know - Ep.201
01:09:34

Ryan Watkins and Wilson Withiam, senior research analysts at Messari, explain the nuts and bolts of Ethereum 2.0, including how it will transform ETH as an asset and why they believe it will be Ethereum’s most ambitious upgrade yet. Topics include:

  • the different phases of Ethereum 2.0 and the functions they serve
  • the problems Ethereum hopes to solve with this upgrade
  • the technical requirements needed to ensure the launch can happen
  • the new proof of stake consensus and why Ethereum is leaving proof of work behind
  • the requirements necessary to maintain a validator node on the Ethereum 2.0 network
  • why users won’t be able to use their ETH once it is staked on Ethereum 2.0
  • the incentives and services that will allow users staking on Ethereum 2.0 to continue using their ETH on Ethereum 1.0
  • whether the appeal of DeFi is a threat to Ethereum 2.0 staking
  • how Ethereum 2.0 incentivizes client diversity
  • the monetary policy of “minimum necessary issuance” that supports Ethereum 2.0
  • how Ethereum 2.0 will allow ETH to achieve the unprecedented combination of a store of value, a capital asset, and a commodity
  • what will be done in the short term to help ease the scaling problem while ETH 2.0 is being built
  • whether scalability can be efficiently addressed in time to prevent migrations to other blockchains
  • and the most significant risks Ethereum 2.0 is facing

 

Thank you to our sponsor!

Crypto.com: https://www.crypto.com

 

Episode links:

Ryan Watkins: https://twitter.com/RyanWatkins_

Wilson Withiam: https://twitter.com/wilsonwithiam

 

Messari Crypto: https://messari.io/

 

Messari report on Ethereum 2:0: https://messari.io/road-to-eth2  

 

Amount of ETH in the Ethereum 2.0 Deposit Contract: https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa#analytics

https://www.stakingrewards.com/earn/ethereum-2-0

 

ETH issuance based on amount staked: https://docs.ethhub.io/ethereum-basics/monetary-policy/#proof-of-stake-impact


Dan Elitzer article on DETH: https://medium.com/ideo-colab/the-deth-of-ethereum-98553866e81b

Dec 01, 2020
What Fidelity Is Doing With the Bitcoin It's Mined - Ep.200
53:13

Christine Sandler, head of sales and marketing at Fidelity Digital Assets, talks about how 30 years in traditional finance and an early retirement led her to Coinbase, and, eventually, Fidelity Digital Assets. She discusses the history of Fidelity's involvement in crypto, how they became one of the first to enter the space, and what the future holds. Topics include:

  • what Fidelity Digital Assets is and Christine's role there
  • Christine's background in traditional finance, how she was drawn into the world of cryptocurrencies, eventually working at Coinbase, and how she found her way to Fidelity Digital Assets
  • the role Fidelity sees itself playing in the digital asset space
  • how the client base for digital assets has changed over time
  • how Fidelity approaches the difficulties around explaining what bitcoin and crypto is, and the most common questions they receive
  • how the pandemic has changed the conversation around digital currencies
  • the types of services and products Fidelity is considering for the future
  • the differences Fidelity sees in how international investors are approaching digital currency
  • Fidelity's plans for a Bitcoin index fund and whether they are considering offering futures
  • how financial institutions and institutional investors fit into a world of decentralized finance founded with the ethos of excluding them
  • the regulatory improvements Fidelity is hoping to see
  • what a Bitcoin ETF would mean for Fidelity
  • how Fidelity might use a central bank digital currency in its business
  • Fidelity's thoughts on offering proof of stake services
  • whether a more deflationary Ethereum might attract more institutional investors
  • and whether Fidelity will offer Ethereum in the future

 

Thank you to our sponsor! 

Crypto.com: https://www.crypto.com

 

Episode links: 

Christine Sandler: https://twitter.com/shoegalnyc

Fidelity Digital Assets: https://www.fidelitydigitalassets.com/overview

Twitter: https://twitter.com/DigitalAssets

 

Christine leaves Coinbase for FDAS: https://www.coindesk.com/fidelity-poaches-coinbase-institutional-sales-head-christine-sandler

 

Fidelity Center for Applied Technology: https://fcatalyst.com/overview

 

Fidelity Digital Assets looking to become prime broker: https://www.theblockcrypto.com/daily/68920/fidelity-digital-assets-eyes-service-for-introducing-crypto-funds-to-big-investors

 

How the client profile has changed: https://www.theblockcrypto.com/daily/42342/the-client-profile-is-changing-fidelity-digital-assets-exec-says-new-players-are-entering-the-crypto-fold

 

How to Explain Cryptocurrencies and Blockchains to the Average Person

Unchained episode: https://unchainedpodcast.com/how-to-explain-cryptocurrencies-and-blockchains-to-the-average-person/

 

Fidelity expands crypto business to Europe: https://www.coindesk.com/fidelity-to-expand-institutional-crypto-business-to-europe

 

Fidelity obtains New York Trust Charter: https://www.coindesk.com/fidelity-gets-a-new-york-trust-charter-to-custody-bitcoin-for-institutions

 

Bitcoin Index Fund: https://www.forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/?sh=13aa335445c9

 

Fidelity survey of 800 institutional investors: https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/institutional-investor-study.pdf

 

FDAS hiring: https://www.fidelitydigitalassets.com/articles/engineering-hiring-initiative?ccmedia=owned&ccchannel=social&cccampaign=hiring_blog&cctactics=twitter

 

Kingdom Trust: 

https://www.coindesk.com/fidelity-digital-assets-to-custody-bitcoin-in-kingdom-trust-retirement-accounts

 

Nov 24, 2020
Everything You Need to Know About the Looming Battle Over Privacy in Crypto - Ep.199
01:10:08

Jake Chervinsky, general counsel at Compound Labs, and Kristin Smith, executive director of The Blockchain Association, talk about the storm brewing in the cryptosphere involving self-custody and privacy. In this episode, they cover:

  • the differences between hosted and self-hosted wallets and how transactions between them differ
  • why the ability to transact from self-hosted wallets is so important
  • compliance and regulation in the traditional financial world and how it could affect self-custody
  • the “Swiss rule” and what it could mean for the rest of the world
  • the proposal by FinCEN to lower the threshold for collecting data on transactions from $3,000 to $250
  • how regulators might achieve their goals without “dragnet” surveillance
  • how the amount of crime and money laundering in the traditional financial system compares to that in the crypto world
  • why OTC brokers are considered the most significant money laundering risk in crypto, and how that risk might be mitigated
  • how different political environments can influence the value of peer to peer transactions
  • whether Americans should be willing to give up some of their financial privacy in favor of security
  • what the recent statement by the DOJ's cryptocurrency enforcement framework labeling anonymous transactions as "high-risk activity indicative of possible criminal conduct" could mean for privacy coins like Monero and Zcash
  • Gary Gensler's appointment as head of Biden's financial policy transition team and whether to view it as a positive or negative for crypto
  • whether they think the incoming Congress will be in favor of more surveillance or more privacy
  • whether there might eventually be regulations for developers who write code for self-hosted wallets
  • how potential rules regarding self-custody could affect non-monetary items like NFTs
  • and the next big developments they are watching out for regarding this issue

 

Thank you to our sponsor! 

Crypto.com: http://crypto.com

 

Episode links: 

Jake Chervinsky: https://twitter.com/jchervinsky

Compound Labs: https://compound.finance

 

Kristin Smith: https://twitter.com/kmsmithdc

The Blockchain Association: https://theblockchainassociation.org/

https://twitter.com/BlockchainAssn

 

FinCen NPRM: https://www.federalregister.gov/documents/2020/10/27/2020-23756/threshold-for-the-requirement-to-collect-retain-and-transmit-information-on-funds-transfers-and

 

Coin Center commentary on lowering FinCEN threshold: https://www.coincenter.org/app/uploads/2020/10/Coin-Center-Comment-FinCEN-FRB-250-threshold.pdf 

 

Unchained episode about the FATF travel rule: https://unchainedpodcast.com/why-the-travel-rule-is-one-of-the-most-significant-regulations-in-crypto/ 

 

The choice of Gary Gensler to lead the financial policy transition team: 

https://www.wsj.com/livecoverage/trump-biden-election-day-2020/card/peMRHGPJasECSPLezSFx

 

https://www.coindesk.com/biden-confirms-gary-gensler-will-lead-financial-policy-transition-team

 

Shapeshift delists Zcash: https://www.coindesk.com/shapeshift-delists-privacy-coin-zcash-over-regulatory-concerns


Jessie Liu interview on Unchained: https://unchainedpodcast.com/what-you-need-to-know-about-the-dojs-cryptocurrency-enforcement-framework/

Nov 17, 2020
Why Bitcoin Now: Bitcoin Under a Biden Administration - Ep.198
01:10:17

In this episode, Dan Tapiero, founder of 10T Holdings and Gold Bullion International, and Cathie Wood, CEO and CIO at ARK Invest, discuss the long election week in the U.S. and how they believe Bitcoin will behave in a post-election world. They also talk about:

  • how a changeover from a Trump to a Biden administration could affect Bitcoin
  • how the prospect of legal challenges from the Trump administration might affect Bitcoin
  • whether they think the presidential election influenced Bitcoin’s precipitous price jump in the first week of November
  • what it takes to change the mind of a Bitcoin skeptic in the investment world
  • whether gold investors are becoming more resistant or more embracing of Bitcoin
  • whether Democratic control of the Senate would affect Bitcoin
  • how they expect the new wave of rising coronavirus cases and lockdowns to affect economies and Bitcoin
  • the new inflation policy introduced by Federal Reserve chairman Jerome Powell and how it will affect Bitcoin
  • the recent Bitcoin halving and how they expect Bitcoin to perform over the next year
  • how banking will change over the next few years and how that will affect Bitcoin
  • their thoughts on central bank digital currencies and how an increase in CBDCs might affect Bitcoin
  • what factors they are looking at right now when thinking about what could happen with Bitcoin over the next year

 

Thank you to our sponsor! 

Crypto.com: https://www.crypto.com

 

Episode links: 

Cathie Wood: https://twitter.com/cathiedwood

Ark Invest: https://ark-invest.com/

Yassine Elmandjra: https://twitter.com/yassineARK

 

Dan Tapiero: https://twitter.com/DTAPCAP

10T Holdings: https://10tfund.com/

Gold Bullion International: https://bullioninternational.com/

 

Unchained with Brian Brooks: https://unchainedpodcast.com/acting-comptroller-of-the-currency-brian-brooks-on-crypto-banks/

 

Jerome Powell speech on targeting inflation of 2%: https://www.cnbc.com/2020/08/27/powell-announces-new-fed-approach-to-inflation-that-could-keep-rates-lower-for-longer.html

 

Bitcoin-gold correlation: https://coinmetrics.io/correlation-charts/#assets=btc-gld

 

Bitcoin-S&P 500 correlation: https://coinmetrics.io/correlation-charts/#assets=btc-s&p

 

Forbes profile on Cathie Wood: https://www.forbes.com/sites/antoinegara/2020/10/05/how-cathie-wood-beat-wall-street-by-betting-tesla-is-worth-more-than-1-trillion/?sh=12d44f813d45

 

ARK Invest Bitcoin white papers: https://ark-invest.com/white-papers/bitcoin-part-one/

https://ark-invest.com/white-papers/bitcoin-part-two/

 

Nov 10, 2020
Why Bitcoin Now: Meltem Demirors and Lyn Alden on the Perfect Conditions for Bitcoin - Ep.197
01:23:56

In this seventh installment of the Why Bitcoin Now series, Meltem Demirors, the chief strategy officer at Coinshares, and Lyn Alden, the founder of Lyn Alden Investment Strategy, discuss the state of Bitcoin since June, amidst the presidential election – which takes place on the date of publication of the show -- and a global pandemic. Topics discussed include:

  • the significance of bitcoin staying above $10k for over three months
  • why the pandemic has created the conditions for which Bitcoin was designed
  • how the markets may react to a Trump or Biden win
  • why they believe, no matter which party wins, there will be massive deficits and a money-printing debt spiral
  • why other countries see opportunities to erode the supremacy of the US dollar
  • why Bitcoin has shown that it’s possible to have money without state
  • how the current record unemployment and massive stimulus efforts during the pandemic have impacted Bitcoin
  • the increasing interest in Bitcoin from traditional investors
  • the IMF’s recent call for a “New Bretton Woods moment”  and how it may impact crypto
  • China’s DCEP central bank digital currency and the effects it may have on increasing China’s trade leverage
  • why the pandemic has made clear the importance of bringing more Bitcoin mining onshore
  • whether or not Bitcoin will be able to remedy growing wealth inequality
  • why privacy/encryption will be the main issue Bitcoiners need to watch from the coming administration

 

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

 

Episode links: 

Lyn Alden: https://twitter.com/LynAldenContact

Lyn Alden Investment Strategy: lynalden.com

Meltem Demirors: https://twitter.com/Melt_Dem

Coinshares: https://www.coinshares.com/

 

Lyn’s post on how the economy and stock market perform under Democratic vs. Republican presidents: https://www.lynalden.com/presidential-elections/

 

US stimulus spending: https://datalab.usaspending.gov/federal-covid-funding/#section-tracking

 

IMF New Bretton Woods speech: https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment

 

Stocks in a bubble: https://www.longtermtrends.net/sp500-price-earnings-shiller-pe-ratio/

 

Meltem on the financialization of internet infrastructure: https://medium.com/coinshares/the-financialization-of-compute-connectivity-66beaffe7501

 

BitOoda report on Bitcoin mining: https://bitooda.medium.com/bitcoin-mining-hashrate-and-power-analysis-bitooda-research-ebc25f5650bf

 

Bloomberg wealth report: https://www.bloomberg.com/news/articles/2020-10-08/top-50-richest-people-in-the-us-are-worth-as-much-as-poorest-165-million

 

Cash app’s Bitcoin sales: https://www.theblockcrypto.com/linked/74001/square-q2-bitcoin-cash-app

 

JPMorgan research note on Bitcoin: https://fortune.com/2020/10/26/jp-morgan-chase-bitcoin-predictions-analyst-jpm-cryptocurrency/

https://twitter.com/DTAPCAP/status/1319703750450302980?s=20


Forbes interview with Daniel Masters of Coinshares: https://www.forbes.com/sites/michaeldelcastillo/2020/10/24/jp-morgan-veteran-daniel-masters-explains-how-blockchain-will-end-commercial-banks/#77ec4f6a6bdd

Nov 03, 2020
Acting Comptroller of the Currency Brian Brooks on Crypto Banks - Ep.196
48:48

Brian Brooks got his start in traditional finance before joining Coinbase in 2018 and is currently the acting comptroller of the currency. In this episode, he discusses:

  • how his background in traditional financial services led him to take a position at Coinbase
  • whether the role blockchain and crypto will likely play in the financial future is being recognized at the federal level
  • whether or not banks have always had the authority to custody crypto for their customers
  • how he expects things to unfold in the coming years as banks begin to become more involved in crypto custody
  • his thoughts on Kraken and others launching crypto banks and whether it will lead to the founding of other crypto banks
  • how his office is pushing for a national fintech charter, and how it could affect less crypto-friendly states
  • whether banks that work with crypto companies supporting unhosted wallets are prohibited from holding stablecoin reserves
  • whether or not OCC regulations cover DeFi, and the regulatory challenges that open source protocols present
  • whether he sees a time when governments and regulators participate in the governance of crypto platforms
  • what roles he thinks public and private sectors, as well as commercial banks, should play in the creation of a central bank digital currency
  • what stance the OCC might take around privacy in blockchain transactions
  • how U.S. regulators can offer more clarity to the crypto industry
  • and how he thinks the pandemic, its effect on the economy, and the government’s response through stimulus will affect the crypto industry

 

Thank you to our sponsor!

Crypto.com: https://www.crypto.com

 

Episode links: 

Brian Brooks: https://twitter.com/BrianBrooksOCC

Office of the Comptroller of the Currency: https://www.occ.gov

 

Letter to authorize banks to provide crypto custody services for customers: https://www.occ.gov/topics/charters-and-licensing/interpretations-and-actions/2020/int1170.pdf

 

The significance of the letter for banks and crypto companies: https://www.forbes.com/sites/matthougan/2020/07/27/the-occs-notice-on-crypto-is-a-really-big-deal/#13aad8806301

 

The OCC’s statement on federally chartered banks and crypto custody: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-98.html

 

His support for a federal licensing framework for crypto companies: https://www.coindesk.com/us-banking-regulator-suggests-federal-licensing-framework-for-crypto-firms

 

Questions about the OCC’s stablecoin guidance

https://www.coindesk.com/questions-occ-first-guidance-stablecoins

 

CSBS “One Company, One Exam” policy: https://www.coindesk.com/csbs-firms-explained

 

Battle with states over federal licensing program: https://www.politico.com/news/2020/08/31/currency-comptroller-reshape-banking-406393 

 

FinCEN’s 2019 Regulatory Guidance: https://www.fincen.gov/news/news-releases/new-fincen-guidance-affirms-its-longstanding-regulatory-framework-virtual

 

Federal Reserve says it is exploring a central bank digital currency: https://www.coindesk.com/fed-reserve-evaluating-digital-dollar-but-benefits-still-unclear-says-chairman 

 

His view that a CBDC should be designed by the private sector: 

https://www.theblockcrypto.com/post/69216/heres-how-brian-brooks-disagrees-with-fed-chair-jerome-powell-on-the-digital-dollar


The OCC’s Financial Inclusion Project: https://www.occ.gov/topics/consumers-and-communities/minority-outreach/project-reach.html

Oct 27, 2020
How This DOJ Strike Force Hunts Down Cryptocurrency Criminals - Ep.195
01:04:21

Magistrate judge Zia Faruqui, and Jessi Brooks, assistant U.S. attorney in the national security section at the United States Attorney’s Office, have prosecuted several cryptocurrency-related cases, many of them amongst the most well-known. In this episode, they talk about:

  • how they came to be involved in the prosecution of so many cases involving cryptocurrency
  • the nature of civil forfeiture cases
  • the Al-Qassam Brigades case, which led to the largest ever seizure of a terrorist organization’s cryptocurrency accounts, and the terrorist organization’s use of dynamic addresses in an attempt to elude detection by authorities.
  • how Al Qaeda used Telegram to pursue cryptocurrency donations
  • the case involving ISIS and counterfeit PPE for COVID
  • the process of seizing funds from unhosted wallets
  • the North Korean affiliated Lazarus Group, and how they were able to amass $2580 million worth of cryptocurrency
  • the methods hackers will use to cash out stolen crypto funds to fiat
  • how different government agencies in the U.S., as well as in other countries, are coordinated when tackling these cases
  • the Welcome to Video case and how they went about prosecuting a person in a foreign country
  • how they’ve seen the use of cryptocurrencies by criminals evolve over time
  • and whether or not they think decentralized exchanges will make it easier for criminals and hackers to cash out

 

Thank you to our sponsor! 

Crypto.com: https://www.crypto.com

 

Episode links: 

Jessi Brooks: https://www.linkedin.com/in/jessica-brooks-8289ab32/

Zia’s Faruqui: https://www.linkedin.com/in/zia-faruqui-a73ba11a5/

 

Three terror-finance cybercrime cases: https://www.justice.gov/opa/pr/global-disruption-three-terror-finance-cyber-enabled-campaigns

 

The Al-Qassam Brigades case: https://www.justice.gov/opa/pr/global-disruption-three-terror-finance-cyber-enabled-campaigns

 

Scam PPE site: https://www.wired.com/story/isis-allegedly-ran-a-covid-19-ppe-scam-site/

 

Civil forfeiture complaint against North Korea-affiliated hackers, Lazarus Group: 

https://www.justice.gov/usao-dc/pr/united-states-files-complaint-forfeit-280-cryptocurrency-accounts-tied-hacks-two

https://www.justice.gov/usao-dc/press-release/file/1310411/download

https://blog.chainalysis.com/reports/lazarus-group-north-korea-doj-complaint-august-2020

 

Welcome to Video indictment: https://www.justice.gov/opa/pr/south-korean-national-and-hundreds-others-charged-worldwide-takedown-largest-darknet-child

 

Dark Scandals: https://www.forbes.com/sites/kellyphillipserb/2020/03/13/dark-deja-vu-irs-announces-charges-in-takedown-of-multi-million-dollar-child-exploitation-website-funded-by-bitcoin/#4a09b2ac28ae

https://www.justice.gov/usao-dc/press-release/file/1257581/download


Jonathan Levin from Chainalysis on Unchained: https://unchainedpodcast.com/how-bitcoin-led-to-the-demise-of-the-largest-child-porn-site/

Oct 20, 2020
SEC Commissioner Hester Peirce on BitMEX, DeFi and a Token Safe Harbor - Ep.194
28:46

Hester Peirce, AKA “Crypto Mom,” was just confirmed to a second term as SEC Commissioner of the Securities Exchange Commission in August. In this episode, she talks about:

  • the reasons for her dissent in the Unikrn Settlement and what she believes would have been a proper penalty
  • the current status of her token safe harbor proposal
  • her thoughts on fair launch projects as opposed to traditional VC-backed tokens
  • her view on how the SEC should view airdrops
  • her thoughts on whether existing securities laws could be tweaked as opposed to implementing a safe harbor
  • whether she thinks DeFi governance tokens should be considered securities
  • her thoughts on DeFi playing its own regulatory role
  • her thoughts on the Securities Clarity Act introduced in Congress
  • the chances of a Bitcoin ETF being approved by the SEC in the future
  • the charges against BitMEX and the effect it may have on the industry in general
  • stablecoins, and how they might raise securities issues
  • and whether she thinks that all securities could one day be tokenized

Thank you to our sponsor!

Crypto.com: https://www.crypto.com

 

Episode links: 

Hester Peirce: https://twitter.com/HesterPeirce

SEC: https://www.sec.gov

 

Her dissent on the Unikrn settelement: https://www.sec.gov/news/public-statement/peirce-statement-settlement-charging-token-issuer

 

Unconfirmed interview on her safe harbor proposal: https://unchainedpodcast.com/sec-commissioner-hester-peirce-on-her-safe-harbor-proposal/

Her token safe harbor proposal: https://www.sec.gov/news/speech/peirce-remarks-blockress-2020-02-06

 

Unchained interview with Cmr. Peirce: https://unchainedpodcast.com/sec-commissioner-hester-peirce-come-talk-to-the-sec/

 

Proposal in The Block on ways to amend existing securities law instead of issuing a token safe harbor: https://www.theblockcrypto.com/post/57207/case-for-reg-a-response-commissioner-peirce-sec-token

 

Is UNI a security: https://www.theblockcrypto.com/post/78231/uniswap-token-security-debate

 

FCA banning crypto derivatives and ETNs: https://www.coindesk.com/fca-bans-sale-of-cryptoderivatives-to-retail-consumers-in-uk

https://www.theblockcrypto.com/post/79911/uk-regulator-fca-bans-crypto-derivatives-retail-users

 

Securities Clarity Act: https://www.theblockcrypto.com/post/78231/uniswap-token-security-debate

 

Statement on ATS’s: https://www.sec.gov/divisions/marketreg/mr-noaction/2020/finra-ats-role-in-settlement-of-digital-asset-security-trades-09252020.pdf

 

SEC chairman Jay Clayton says all stocks could be tokenized: https://www.theblockcrypto.com/post/79783/all-stocks-tokenized-sec-chairman-clayton

Oct 13, 2020
Can Solana Seize Marketshare From Ethereum With Serum? - Ep.193
01:11:39

Sam Bankman-Fried, the CEO of FTX and Alameda Research,  and Anatoly Yakovenko,  the co-founder and CEO of Solana Labs, discuss the Project Serum ecosystem that they are building on the Solana blockchain, and the unique approach to scaling the Solana blockchain is taking.

In this episode, they talk about:

  • their backgrounds, and how they became involved in crypto
  • why Solana takes a different approach to scaling and how it is implemented
  • why they think a relatively lower number of nodes is sufficient to protect from attacks or collusion
  • what the vision for Solana is, who they see using it, and how Serum fits into that vision
  • why they think there haven’t been more crypto projects migrating to Solana yet
  • Solana’s proof-of-history algorithm and how it works
  • how Solana plans to attract DeFi developers
  • why Serum was made interoperable with Ethereum
  • the types of traders they are hoping to attract with Serum, and what their experience will be like on the platform
  • why Project Serum is an ecosystem and not just an order book exchange
  • how high-frequency trading firm Jump Trading came to adopt Serum
  • how Serum will manage trading tokens from different chains
  • the purpose of Serum’s two tokens, SRM and MSRM
  • and what’s in store for Project Serum in the future

 

Thank you to our sponsors! 

Crypto.Com: https://www.crypto.com

Gods Unchained: https://playgu.co/unchainedpod

 

Episode links: 

Anatoly Yakovenko: https://twitter.com/aeyakovenko

Solana: Solana.com

Sam Bankman-Fried: https://twitter.com/SBF_Alameda

Project Serum: https://www.projectserum.com

Project Serum on Twitter: https://twitter.com/projectserum

 

Solana CoinList auction in March: https://www.theblockcrypto.com/linked/59952/blockchain-project-solana-raises-1-76m-from-its-launch-auction-on-coinlist

 

Solana network stats: https://explorer.solana.com

 

The Block Research on Solana: https://www.theblockcrypto.com/genesis/76615/solana-blockchain-overview

 

Proof of history: 

https://medium.com/solana-labs/proof-of-history-a-clock-for-blockchain-cf47a61a9274

 

Serum: https://www.theblockcrypto.com/daily/72924/ftx-dex-serum-solana-blockchain

 

Tether: https://medium.com/solana-labs/tether-to-bring-usdt-to-the-solana-network-77864184b20


Jump Capital: https://www.theblockcrypto.com/post/76826/veteran-market-maker-jump-trading-forays-into-defi-to-provide-liquidity-for-ftxs-solana-based-dex

Oct 06, 2020
Why Bitcoin Now: Andreas Antonopoulos and Dan Held on Bitcoin’s Monetary Policy - Ep.192
01:43:26

Andreas M. Antonopoulos, speaker, educator, and the author of Mastering Bitcoin, Mastering Ethereum, and The Internet of Money, Volumes 1, 2, and 3, and Dan Held,  growth lead at Kraken Digital Asset Exchange, discuss the core features of Bitcoin's monetary policy, including how it differs from traditional central bank monetary policy, what gives it value and yet how it seems to have derived value from thin air. Plus, we talk about how the coronavirus pandemic will affect Bitcoin. In this episode, we cover:

  • how monetary policy in general is defined
  • the core feature of Bitcoin’s monetary policy, and how it differs from previous forms of money
  • the similarities and differences between Bitcoin and gold
  • why the hard cap on Bitcoin is unique and so important
  • the difficulties in analyzing and classifying Bitcoin
  • whether or not transaction fees alone can sustain the network once all 21 million Bitcoin have been minted
  • if Bitcoin will be able to fulfill its original vision of democratizing finance and serving as an everyday medium of exchange
  • why they think Bitcoin has recently been more correlated with the stock market
  • their thoughts on the stock to flow model and whether it works for Bitcoin
  • how they think the coronavirus, unprecedented quantitative easing, and increasing inflation will impact Bitcoin’s adoption and price
  • how crypto banks that don’t conduct fractional reserve banking or lending might change the economy

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

Gods Unchained: https://playgu.co/unchainedpod

 

Episode links: 

Andreas Antonopoulos: https://aantonop.com

On Twitter: https://twitter.com/aantonop

YouTube: https://www.youtube.com/c/aantonop/

Dan Held: https://www.danheld.com

On Twitter: https://twitter.com/danheld

 

Dan Held on Bitcoin's monetary policy: https://medium.com/the-bitcoin-times/information-theory-of-money-36247aebdfe1

 

Dan Held on Bitcoin's security model: https://www.danheld.com/blog/2019/6/16/bitcoins-security-is-fine

 

Unchained interview with Saifedeam Ammous: https://unchainedpodcast.com/why-bitcoin-now-saifedean-ammous-on-why-bitcoin-is-the-most-advanced-form-of-money/

 

Mises’ Regression Theorem: https://mises.org/library/bitcoin-regression-theorem-and-emergence-new-medium-exchange

 

Stock to flow model: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

 

https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12

 

Why the stock-to-flow model is wrong: https://www.coindesk.com/why-the-stock-to-flow-bitcoin-valuation-model-is-wrong

 

Federal Reserve announcement about letting inflation run higher than normal to achieve a 2% target rate of inflation: https://www.federalreserve.gov/newsevents/pressreleases/monetary20200827a.htm


Kraken launching the first crypto bank: https://unchainedpodcast.com/the-first-crypto-bank-what-kraken-financial-will-do-and-how/

Sep 29, 2020
How Matthew Leising Confronted His Suspects in the DAO Attacks - Ep.191
01:07:22

Matthew Leising, a reporter at Bloomberg who began covering crypto in 2015, is out with a new book Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It All. In this episode, he discusses:

  • the catalyst that led to him writing his new book, which covers the early history of Ethereum and the DAO attack of 2016
  • why he thought the story of the DAO hack was compelling enough to make a book, and how he went about reporting it
  • the surprising things he learned about Ethereum’s early days and Vitalik
  • the twists and turns during his quest to discover the identity of the DAO attacker
  • why he thinks separate people were responsible for the two biggest DAO attacks
  • his meeting in Tokyo with one of the prime suspects of a copycat DAO attack
  • why he decided to end his story at the Ethereum hard fork and chose not to write about Ethereum Classic 
  • what he feels the long-term significance of the DAO and the hard fork has been for Ethereum
  • why he thinks the lessons of the DAO are not being heeded today
  • what he thinks the next chapter of Ethereum will be and how it will unfold
  • the differences he’s found as a journalist covering crypto as opposed to covering more traditional finance
  • and how the book is about more than just the DAO

 

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Gods Unchained: https://playgu.co/unchainedpod

 

Episode links: 

Matthew Leising: https://twitter.com/mattleising

Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It All: https://www.wiley.com/en-us/Out+of+the+Ether%3A+The+Amazing+Story+of+Ethereum+and+the+%2455+Million+Heist+that+Almost+Destroyed+It+All-p-9781119602934

 

Matt's original Bloomberg article on the DAO attack, "The Ether Thief": https://www.bloomberg.com/features/2017-the-ether-thief/

 

Excerpt in Bloomberg: https://www.bloomberg.com/news/articles/2020-09-16/a-trip-down-the-crypto-rabbit-hole-in-search-of-the-dao-hacker

 

Excerpt in CoinDesk: https://www.coindesk.com/55m-hack-ethereum-down


Decrypt's interview with Matt about the book: https://decrypt.co/41952/book-sheds-new-light-on-ethereums-55-million-dao-hack

Sep 22, 2020
Andre Cronje of Yearn Finance on YFI and the Fair Launch: 'I'm Lazy' - Ep.190
01:14:43

Andre Cronje, the developer of yearn.finance, talks about all things DeFi and the past, present, and future of yEarn. In this episode, he discusses:  

  • what Yearn Finance is, and what led him to develop it and eventually open it to the public
  • his history and background, leading up to the development of Yearn
  • the processes and mechanisms involved in yEarn v1 and yEarn v2
  • why he decided to do a "fair launch" of the YFI token, despite being in debt as a result of building Yearn
  • why he felt that a Decrypt article about him in August was a "horrible hatchet job"
  • why he disagrees with what he sees as the current anti-VC narrative
  • his thoughts on the phenomenal rise in YFI's price and why the price of a YFI token still doesn't matter
  • how and why he decided governance participation would be a requirement for earning tokens in the Balancer/yCurve/YFI pool
  • the governance processes in Yearn and his thoughts on whether or not a Compound-style form of governance would be better
  • how he might mitigate whales dominating the vote
  • what he means by "I test in prod" and how people have misinterpreted his meaning
  • why he briefly walked away from DeFi
  • whether he agrees that YFI could be a new structure to replace existing traditional business structures
  • his response to the allegations by XAR Network
  • whether he would consider moving Yearn to another blockchain
  • his vision for what Yearn can become
  • and how much YFI he currently owns personally

 

Thank you to our sponsors! 

Crypto.com: http://crypto.com

Gods Unchained: https://playgu.co/unchainedpod

 

Episode links: 

Andre Cronje: https://twitter.com/AndreCronjeTech

Yearn Finance: https://yearn.finance

https://docs.yearn.finance

 

CoinDesk on Yearn: https://www.coindesk.com/what-is-yearn-finance-yfi-defi-ethereum

 

The Block report on yEarn Finance: https://www.theblockcrypto.com/genesis/75189/defis-yield-aggregator-dao-yearn-finance

 

Post introducing $YFI: https://medium.com/iearn/earning-yfi-y-curve-fi-53b5fd347f0f

 

Delegated vaults: https://medium.com/iearn/delegated-vaults-explained-fa81f1c3fce2

V2: https://medium.com/iearn/yearn-finance-v2-af2c6a6a3613

 

Delphi Digital report on yETH yVault: https://www.delphidigital.io/reports/yeth-now-do-you-understand/

 

yETH collateralization ratio: https://defiexplore.com/cdp/13972

 

Tony Sheng newsletter: https://tonysheng.substack.com/p/yfi-ponzinomics

 

Yearn Governance: https://medium.com/iearn/yearn-governance-forum-7b7c9d0300ac

 

yInsure Finance: https://medium.com/iearn/yinsure-finance-a-new-insurance-primitive-77d5d4217896

 

Delegated funding DAO vaults: https://medium.com/iearn/delegated-funding-dao-vaults-7ab05a63d7ba 

 

Siege Rhino question about governance: https://twitter.com/SiegeRhino2/status/1303415750238101504?s=20

 

Andre’s “Building in DeFi Sucks” post: https://medium.com/@andre_54855/building-in-defi-sucks-b8fdfda0ef58?source=---------17------------------

Andre quits in February: https://decrypt.co/21068/founder-of-promising-defi-project-abandons-the-toxic-cryptosphere

Andre close to quitting in August: https://decrypt.co/37995/exclusive-yfi-andre-cronje-broke-quitting-defi

 

What Andre wishes he had known before building Ethereum dapps: https://medium.com/iearn/things-i-wish-i-knew-before-building-ethereum-defi-dapps-cd6bf0f07a16 

 

Sep 15, 2020
Olaf Carlson-Wee: 'If There Is a Money-Losing Exploit, the Money Is Gone' - Ep.189
01:09:46

Olaf Carlson-Wee, the founder and CEO of Polychain Capital, goes deep into yield farming, fair launches and how decentralization will upend the traditional notion of the corporation. In this episode, he talks about:

  • when it makes sense for a team to introduce a liquidity mining scheme, and when it doesn't
  • the difference between yield farming and ICOs when it comes to investing
  • his thoughts on YFI, as well as YAM, and the pace at which unaudited DeFi projects are
  • moving forward
  • the three advantages he sees in automated market makers as opposed to centralized
    exchanges
  • his thoughts on Uniswap and SushiSwap and why he's not sure Uniswap will make a token
  • his thoughts on fair launches and whether he thinks they will threaten traditional crypto VCs
  • whether the CRV token launch really was instigated by someone unrelated to the team
  • his thoughts on the yEarn yETH vault and what it says about where the DeFi space is going
  • what he sees as the pros and cons of rebasing
  • why he sees projects like YFI as a new kind of corporation
  • whether he thinks Ethereum will scale fast enough to meet the demand already being put on it
  • why he thinks systems like Polkadot are going to expand what is possible in the same way that Ethereum expanded beyond what was possible with Bitcoin
  • whether he thinks the yields from yield farming will pull investors away from staking on Ethereum 2.0
  • what he thinks DeFi teams should do to improve security
  • Bitcoin on Ethereum and what he believes it could mean for DeFi in the future
  • the chatter around a potential public offering from Coinbase, and what's in store for Polychain in the future

 

Thank you to our sponsor! 

Crypto.com: https://crypto.com/

 

Episode links: 

Olaf Carlson-Wee: https://www.linkedin.com/in/olafcw/

Polychain Capital: https://polychain.capital

 

Previous interviews with Olaf on Unchained and Unconfirmed: https://unchainedpodcast.com/why-the-first-employee-of-coinbase-launched-a-hedge-fund/

 

https://unchainedpodcast.com/to-the-moon-and-back-with-polychains-olaf-carlson-wee/

 

https://unchainedpodcast.com/special-episode-with-cnbcs-crypto-trader-olaf-carlson-wee-on-why-this-crypto-winter-is-different-from-previous-ones-ep-028/

 

https://unchainedpodcast.com/all-things-cryptoeconomics-pt-1-with-olaf-carlson-wee-and-ryan-zurrer-of-polychain-capital/

 

Why trading on automated market makers has risen so quickly: https://unchainedpodcast.com/why-decentralized-trading-has-10xed-in-a-few-months/ 

 

Launch of yEarn/YFI: https://medium.com/iearn/yfi-df84573db81

 

Dex volume over time: https://defiprime.com/dex-volume

 

YAM recap: https://www.theblockcrypto.com/post/74810/yam-token-market-cap-collapses-by-more-than-90-flaw

 

YAM team’s plans going forward: YAM Post-Rescue Attempt Update. At approximately 6PM UTC, on Wed August… | by Yam Finance | Aug, 2020 | Medium

 

SushiSwap vs. Uniswap: https://unchainedpodcast.com/sushiswap-takes-on-uniswap-which-should-win-and-why/

 

Ian Lee of IDEO CoLab Ventures on fair launches vs. VC coins: https://synthesis.substack.com/p/fair-launches-will-disrupt-crypto

 

And on fast-follower forks: https://synthesis.substack.com/p/fast-follower-forks-in-defi

 

CRV token launch: https://www.theblockcrypto.com/genesis/74921/the-story-of-the-botched-crv-launch

 

yEarn's yETH vault: https://www.coindesk.com/yearn-finance-yeth-vault-defi-triforce

 

Ethereum's transition to 2.0: https://unchainedpodcast.com/vitalik-buterin-on-ethereums-five-year-anniversary/

 

Security in DeFi: https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/


Whether Coinbase will do a token offering when it goes public: https://unchainedpodcast.com/will-coinbase-do-a-token-offering-when-it-goes-public/

Sep 08, 2020
Why Decentralized Trading Has 10Xed in a Few Months - Ep.188
01:10:24

Haseeb Qureshi, managing partner at Dragonfly Capital, and Dan Robinson, research partner at Paradigm, discuss the explosion in decentralized exchange activity on automated market makers from $1 billion earlier this year to more than $10 billion in August. 

  • Why trading in automated market makers has 8xed in a few months
  • how automated market makers work, and how specific dexes can specialize for the assets being traded on them
  • why traders would prefer to trade on a dex vs. a centralized exchange
  • how incentivized pools have drawn traders and liquidity 
  • why trading on a dex seems can be more appealing than on a centralized exchange
  • why trading on dexes now mirrors trading on Binance in 2017
  • how "DeFi is the hottest coolest place where people are making a lot of money"
  • the difference between the metrics of liquidity, trading volume and total value locked for a dex
  • why AMMs are capital inefficient
  • what it means that fees paid on Uniswap are about half of those paid on Bitcoin 
  • what the purpose of liquidity mining is
  • why Haseeb doesn't think that dexes have network effects and that once professional market makers come in the space, Uniswap will lose market share
  • whether users will use DeFi directly through the dexes or through another interface
  • why Dan thinks that DeFi is now comparable to financial investment in the 1970s 
  • whether or not yield aggregators like yEarn make it harder for AMMs to compete
  • what happened with the CRV token launch
  • initial dex offerings or initial DeFi offerings, like the UMA token launch
  • whether, because of the high fees on Ethereum and the how long its transition to Ethereum 2.0 will take, DeFi activity could move to another blockchain such as Solana
  • where DeFi will go over the next few years

 

Thank you to our sponsor! 

Crypto.com: http://crypto.com

 

Episode links: 

Haseeb Qureshi: https://twitter.com/hosseeb

Dan Robinson: https://twitter.com/danrobinson

 

Haseeb’s post on the rise of AMMs: https://medium.com/dragonfly-research/what-explains-the-rise-of-amms-7d008af1c399

 

Haseeb's post on how Uniswap could be un-bundled: https://medium.com/dragonfly-research/unbundling-uniswap-the-future-of-on-chain-market-making-1c7d6948d570

 

Dex volume: https://defiprime.com/dex-volume

 

Trading volume on centralized exchanges: https://www.theblockcrypto.com/genesis/74539/july-by-the-numbers-a-look-at-crypto-exchange-volumes-open-interest-and-miner-revenue

 

Incentivized pools: https://pools.fyi/#/?tag=incentivized

 

Top dexes by trading volume: https://www.coingecko.com/en/dex

 

Ethereum transaction fees: https://bitinfocharts.com/comparison/ethereum-transactionfees.html 

 

Uniswap website visits 15x in July: https://messari.io/article/uniswap-total-website-visits-grew-15x-in-july

 

Website traffic to DeFi platforms explodes in July: https://www.theblockcrypto.com/post/74231/defi-platforms-web-traffic-july

 

Fees paid to various crypto projects: https://cryptofees.info

 

Curve reaches $1 billion in TVL: https://www.theblockcrypto.com/linked/75014/curve-becomes-third-defi-protocol-to-hit-1-billion-in-total-value-locked

 

The Block on dex aggregators: https://www.theblockcrypto.com/genesis/69468/dex-aggregators-user-experience

 

Delphi Digital on aggregators and why dexes will be like airlines: https://www.delphidigital.io/reports/dex-wars-and-aggregation-theory/

https://www.delphidigital.io/reports/are-amms-the-airlines-of-crypto/

https://twitter.com/ZeMariaMacedo/status/1298589417855168518?s=20

 

Mooniswap: https://www.theblockcrypto.com/linked/74454/1inch-launches-automated-market-maker-mooniswap

 

Yield aggregators: https://www.theblockcrypto.com/genesis/75189/defis-yield-aggregator-dao-yearn-finance

 

How DeFi is affecting OTC desks: https://www.theblockcrypto.com/daily/75870/defi-otc-desks-lunch

 

Serum on Solana: https://www.theblockcrypto.com/daily/72924/ftx-dex-serum-solana-blockchain

 

CRV launch: https://www.theblockcrypto.com/genesis/74921/the-story-of-the-botched-crv-launch

 

UMA token launch: https://www.theblockcrypto.com/genesis/63611/uma-token-sale-retrospective

 

Serum on Solana: https://medium.com/solana-labs/ftx-chooses-solana-for-serum-a-high-speed-non-custodial-decentralized-derivatives-exchange-c346a27c1f2b

 

https://www.coindesk.com/uniswap-ftx-perpetual-futures

 

Sep 01, 2020
Why Bitcoin Now: Saifedean Ammous on Why Bitcoin is the Most Advanced Form of Money - Ep.187
01:05:50

Saifedean Ammous is an economist and the author of The Bitcoin Standard: The Decentralized Alternative to Central Banking, which has been translated into 20 languages. In this episode, he discusses:

  • the basic tenets of Austrian economics and why it is the only school where Bitcoin is possible
  • historical examples of currencies and how they lost their monetary value
  • the stock-to-flow model and how Bitcoin fits into that model
  • the three functions, or descriptive properties, of money and why Bitcoin fulfills these functions
  • the concept of sound money
  • the idea of time preference in economics and why he believes it is so important
  • the distinction between debt and money, and why they are not the same
  • the significance of difficulty adjustment and why he believes it is the crowning achievement of Bitcoin
  • why he views Bitcoin as the best store of value humanity has ever invented
  • the metrics he watches when assessing Bitcoin
  • what he thinks is in store for Bitcoin in the future, and whether he still thinks central banks will buy Bitcoin as a reserve currency
  • his thoughts on Ethereum and other digital currencies
  • and his predictions for Bitcoin in the next year

 

Thank you to our sponsor! 

Crypto.com: https://crypto.com/

 

Episode links: 

Saifedean Ammous: https://twitter.com/saifedean

Saifedean’s website: https://saifedean.com

 

The Bitcoin Standard: https://saifedean.com/book/

 

Invest Like the Best episode with Saifedean: http://investorfieldguide.com/ammous/

 

What Bitcoin Did episode with Saifedean: https://www.whatbitcoindid.com/podcast/saifedean-ammous-on-understanding-bitcoin-economics

 

Plan B’s stock-to-flow model applied to Bitcoin: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

https://medium.com/@100trillionUSD/bitcoin-stock-to-flow-cross-asset-model-50d260feed12


Essay on why the stock-to-flow model is wrong: https://www.coindesk.com/why-the-stock-to-flow-bitcoin-valuation-model-is-wrong

Aug 25, 2020
Why Bitcoin Now: David Chaum and Adam Back Reflect on the Crypto Wars - Ep.186
01:22:28

David Chaum, the inventor of eCash and CEO of xx network, and Adam Back, the inventor of Hashcash and the cofounder and CEO of Blockstream, discuss their involvement in digital currency well before Bitcoin existed. In this episode, they discuss:

  • how they each became enamored with the idea of digital currency years before such an idea was widely discussed
  • the crypto wars of the 1990s and the U.S. government’s attempts to control access to advanced cryptography
  • Digicash, the creation of eCash, and the difficulties of implementing the system with the technology available at the time
  • the innovation of blind signatures used in eCash
  • what caused the demise of Digicash, and David's role in that
  • the development of Hashcash and the problems Adam was trying to solve by creating it
  • their initial reactions to learning about Bitcoin for the first time
  • how they think Bitcoin might improve in the future
  • the stock-to-flow Model, and where they believe the Bitcoin price might go next
  • why the Hashcash proof-of-work mechanism became so widely used 

 

Thank you to our sponsor! 

Crypto.com: https://crypto.com/

 

Episode links: 

Adam Back: https://twitter.com/adam3us

Blockstream: https://blockstream.com 

Adam's website: http://www.cypherspace.org

 

David Chaum: https://twitter.com/chaumdotcom

Elixxir: https://elixxir.io 

XX Network: https://xx.network

 

Previous Unchained episode on the history of digital currency: https://unchainedpodcast.com/why-bitcoin-now-the-history-of-digital-currency/

 

Wired article on “e-money”: https://www.wired.com/1994/12/emoney/  

 

Translated Dutch article on why DigiCash failed:  https://cryptome.org/jya/digicrash.htm

 

Aaron Van Wirdum's Bitcoin Magazine series on the history of digital currency:  https://www.whatbitcoindid.com/podcast/the-beginners-guide-to-bitcoin-part-3-bitcoins-pre-history-and-the-cypherpunks-with-aaron-van-wirdum 

 

David Chaum's e-Cash: https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream


Hashcash: https://bitcoinmagazine.com/articles/genesis-files-hashcash-or-how-adam-back-designed-bitcoins-motor-block

Aug 18, 2020
Why Bitcoin Now: The History of Digital Currency - Ep.185
01:18:11

Aaron van Wirdum is the technical editor at Bitcoin Magazine. Finn Brunton is the author of “Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency.” In this episode, they tackle the history of digital currency. Topics include:

  • the motivations behind the earliest attempts to create digital currencies, and who was behind those attempts
  • the Extropian philosophy and how digital currency was born out of it
  • how the cypherpunks came together and eventually began implementing tools that would lead to the creation of digital currencies
  • the problems faced during the development of digital money, from double-spending to privacy, centralization, and spam
  • the development of a public key protocol and why it was so significant
  • the characteristics of earlier forms of digital currency like e-cash, hashcash, b-money, and bit gold, as well as their differences
  • the original purpose of proof-of-work and how it was developed
  • Hal Finney’s essential contributions to the creation of earlier digital currencies, and later, Bitcoin
  • previous implementations of blockchain and how Bitcoin came to reinvent and utilize it
  • which previous digital currencies come closest to Bitcoin
  • and who they think Satoshi Nakamoto is … 

 

Thank you to our sponsors! 

Crypto.com: https://crypto.com

 

Episode links: 

Aaron Van Wirdum: https://twitter.com/AaronvanW

Finn Brunton: http://finnb.net

 

Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency: https://press.princeton.edu/books/hardcover/9780691179490/digital-cash

 

Aaron's Bitcoin magazine series on the early days of digital currency: https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream

https://bitcoinmagazine.com/articles/genesis-files-hashcash-or-how-adam-back-designed-bitcoins-motor-block

https://bitcoinmagazine.com/articles/genesis-files-if-bitcoin-had-first-draft-wei-dais-b-money-was-it

https://bitcoinmagazine.com/articles/genesis-files-bit-gold-szabo-was-inches-away-inventing-bitcoin

 

Aaron on What Bitcoin Did discussing the stories: https://www.whatbitcoindid.com/podcast/the-beginners-guide-to-bitcoin-part-3-bitcoins-pre-history-and-the-cypherpunks-with-aaron-van-wirdum 


Breaker Mag Interview with Finn Brunton about his book: https://breakermag.com/new-book-reveals-cryptos-radical-origins/

Aug 11, 2020
Why The Travel Rule Is One Of The Most Significant Regulations In Crypto - Ep.184
01:15:00

Dave Jevans, CEO of CipherTrace, and Siân Jones, Senior Partner at XReg Consulting, give the lowdown on the Financial Action Task Force’s travel rule and how it applies to businesses in the crypto space. They discuss:

  • their background and journey into crypto
  • what the travel rule is
  • the consequences for countries that are not compliant
  • whether the regulation will apply to staking providers in the future
  • the type of companies and transactions that will be covered under the travel rule
  • the type of information that has to be provided 
  • how banks comply with the travel rule and whether crypto companies can use the same system
  • the different open standards available for sharing information
  • how the information will get shared between entities who use different travel rule solution providers
  • the “sunrise problem” in which different companies implement their compliance systems at different times
  • the security of user data being shared between different entities
  • how it applies to central bank digital currencies and centralized stablecoins
  • how the rule would affect privacy coins
  • the inherent contradiction between the cypherpunk philosophy and regulatory compliance
  • unintended consequences of the travel rule
  • how the travel rule may play out in the coming years

A glossary of terms discussed in the episode: 

FATF: Financial Action Task Force, an intergovernmental organization that develops policies to combat money laundering and terrorist financing

VASP: virtual asset service providers, who are custodial entities that run fiat-to-crypto or crypto-to-crypto exchanges, or run businesses related to transfer and safekeeping of virtual assets and financial services.

FinCEN: Financial Crimes Enforcement Network, the United States federal bureau that analyzes information about financial transactions in order to fight money laundering, terrorist financing, and other financial crimes

FCA: Financial Conduct Authority, the financial regulatory body of the UK

 

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com 

Tezos: https://tquorum.com/

 

Episode links: 

Dave Jevans: https://twitter.com/davejevans

CipherTrace: https://ciphertrace.com/

Sian Jones: https://twitter.com/COINSULT

XReg Consulting: https://www.xreg.consulting/

Financial Action Task Force (FATF): https://www.fatf-gafi.org/

 

The Osaka conference where crypto got serious about FATF’s travel rule: https://www.coindesk.com/inside-the-osaka-conference-where-crypto-got-serious-about-fatfs-travel-rule

 

Will Osaka be crypto’s Bretton Woods moment? https://forkast.news/will-osaka-be-cryptos-bretton-woods-moment/

 

InterVASP Messaging Standard: https://intervasp.org

OpenVASP: https://openvasp.org

OpenVASP white paper: https://openvasp.org/wp-content/uploads/2019/11/OpenVasp_Whitepaper.pdf?cache=1

 

FATF report on “so-called stablecoins”: http://www.fatf-gafi.org/media/fatf/documents/recommendations/Virtual-Assets-FATF-Report-G20-So-Called-Stablecoins.pdf

 

OKEx’s Korea arm delisted privacy coins: https://www.theblockcrypto.com/post/39724/okex-korea-delisting-all-privacy-coins-including-monero-zcash-and-dash-as-these-violate-fatfs-travel-rule

 

Some of the potential FATF compliance solutions: 

Travel Rule Information Sharing Alliance (TRISA): https://trisa.io/

Coinbase’s messaging board solution: https://www.theblockcrypto.com/daily/72293/coinbase-exchanges-fatf-travel-rule-solution

CoolBitX: https://www.theblockcrypto.com/post/56853/coolbitx-raises-16-75m-series-b-to-help-crypto-exchanges-comply-with-fatfs-travel-rule

Notabene: https://www.coindesk.com/crypto-identity-startup-notabene-launches-trust-framework-for-fatf-travel-rule

ING: https://www.coindesk.com/in-banking-first-ing-develops-fatf-friendly-protocol-for-tracking-crypto-transfers

https://blog.chainalysis.com/reports/fatf-12-month-virtual-asset-review-2020

Recent travel rule meeting: https://www.coindesk.com/fatf-meets-wednesday-to-discuss-travel-rule-for-digital-assets

Bitcoin Improvement Proposal (BIP) 75: https://github.com/bitcoin/bips/blob/master/bip-0075.mediawiki

 

Aug 04, 2020
Vitalik Buterin on Ethereum's Five-Year Anniversary - Ep.183
01:28:59

Vitalik Buterin, co-founder of Ethereum, shares his thoughts on the five-year anniversary of Ethereum, challenges with ETH 2.0 and criticisms about DeFi. We discuss:

  • his thoughts and feelings ahead of Ethereum’s five-year anniversary
  • how to address the high gas fees on the Ethereum network
  • whether the complexity of Ethereum 2.0 creates a risk for the security of the network
  • whether staking will lead to a higher focus on ETH price and issues such as monetary policy 
  • how he looks at the ETH price with its significance for security in Ethereum 2.0
  • how proof of stake systems can be more democratic
  • whether staking lends itself to the kind of securitization that looks similar to mortgage-backed securities
  • his concerns about DeFi
  • the most optimal way for DeFi projects to distribute their tokens
  • his thoughts about Bitcoin on Ethereum
  • inherent risks to Ethereum users connected to China’s Blockchain Service Network (BSN)
  • his views on DCEP, other CBDCs and Libra
  • the indictment of Ethereum Foundation staff member Virgil Griffith for allegedly helping North Korea to circumvent sanctions
  • how he plans to make the Ethereum Foundation more transparent
  • whether lack of diversity would impact the success of Ethereum in the long term
  • where he would like to see Ethereum in the next five years

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com 

Tezos: https://tquorum.com/

 

Episode links: 

Vitalik Buterin: https://twitter.com/VitalikButerin

Ethereum: https://ethereum.org/en/

Vitalik’s blog: https://vitalik.ca

 

Median gas price: https://blockchair.com/ethereum/charts/median-gas-price

Average gas price: https://blockchair.com/ethereum/charts/average-gas-price

 

Solutions to gas price problem: https://www.coindesk.com/ethereum-developers-consider-new-fee-model-as-gas-costs-climb

 

Reddit AMA with the Ethereum 2.0 Research team, including Vitalik: https://old.reddit.com/r/ethereum/comments/ho2zpt/ama_we_are_the_efs_eth_20_research_team_pt_4_10/

 

Paper on how DeFi lending could undermine security in a POS system: https://arxiv.org/abs/2001.00919

 

Vitalik tweet on yield farming: https://twitter.com/VitalikButerin/status/1278337657194655744

 

Abra settlement with SEC and CFTC: https://www.coindesk.com/sec-cftc-hit-crypto-app-abra-with-300k-in-penalties-over-illegal-swaps

 

Maya Zehavi’s comments on what this could mean for DeFi: https://twitter.com/mayazi/status/1282696180741414918

 

China’s BSN using public chains, including Ethereum: https://www.coindesk.com/chinas-blockchain-infrastructure-to-extend-global-reach-with-six-public-chains

 

Unchained interview about DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

 

Charges against Virgil Griffith: https://www.justice.gov/usao-sdny/pr/manhattan-us-attorney-announces-arrest-united-states-citizen-assisting-north-korea

 

More on Virgil Griffith case: https://www.coindesk.com/usa-v-virgil-griffith-what-we-know-and-dont-in-the-bombshell-crypto-sanctions-case

 

Unchained interview with human rights activist Yeonmi Park on what life is like in North Korea: https://unchainedpodcast.com/yeonmi-park-on-why-doing-business-with-north-korea-is-like-buying-a-ticket-to-a-concentration-camp/

 

Unchained interview on why North Korea is interested in cryptocurrency: https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/

 

Case against Steven Nerayoff: https://www.justice.gov/usao-edny/pr/two-arrested-extortion-startup-cryptocurrency-company

Jul 28, 2020
Camila Russo on the Most Pivotal Moments in Ethereum's History - Ep.182
01:01:45

Camila Russo, founder of The Defiant and author of a new book on Ethereum, "The Infinite Machine," speaks about how currency controls in Argentina got her interested in crypto and explains why she chose to tell the Ethereum story. She discusses:

  • how she started covering the crypto space
  • what it was like living through currency controls in Argentina
  • why she started focusing on Ethereum instead of Bitcoin
  • what’s in her new book, The Infinite Machine
  • the most pivotal moments in Ethereum’s history
  • possible risks to Ethereum 2.0 because of delays
  • whether competing protocols could take market share away from Ethereum
  • the most surprising aspect of the Ethereum story
  • starting her own DeFi-focused media platform, The Defiant
  • why she launched ‘CAMI’ tokens and how they are used
  • the significance of ERC-20 tokens having a higher market cap than ETH
  • her predictions about trends and promising projects in the DeFi space

 

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com 

Tezos: https://tquorum.com/

 

Episode links: 

Camila Russo: https://twitter.com/CamiRusso

The Infinite Machine: https://www.harpercollins.com/products/the-infinite-machine-camila-russo

The Defiant: https://thedefiant.substack.com/

 

Excerpt from The Infinite Machine on CoinDesk: https://www.coindesk.com/sale-of-the-century-the-inside-story-of-ethereums-2014-premine

 

Decrypt review: https://decrypt.co/35466/the-incredible-story-of-ethereum-the-infinite-machine

 

Camila on what Ethereum has accomplished in five years: https://www.coindesk.com/five-years-on-ethereum-really-is-the-minecraft-of-crypto-finance

 

Hidden Forces podcast with Camila:  https://podcasts.apple.com/us/podcast/rise-ethereum-future-defi-transformation-crypto-media/id1205359334?i=1000484635053

 

Camila in the Keen On podcast: https://lithub.com/camila-russo-on-ethereum-and-the-future-of-the-internet/


Ethereum 2.0 phase 0 may not go live until 2021: https://www.theblockcrypto.com/linked/71155/eth-2-phase-0-ama-2021

Jul 21, 2020
Why Bitcoin Now: Michael Casey and Niall Ferguson on How Bitcoin Fits in the History of Money - Ep.181
01:25:52

Niall Ferguson, Milbank Family Senior Fellow at the Hoover Institution at Stanford University, and the author of numerous books including The Ascent of Money: A Financial History of the World and most recently, the Square and the Tower: Networks and Power from the Freemasons to Facebook, and Michael Casey, chief content officer at CoinDesk and coauthor of two books on crypto, The Age of Cryptocurrency and The Truth Machine, discuss the history of money and the macro environment for Bitcoin. We cover:

  • how they became involved in crypto
  • historically, what has made things money, or how people have decided that something is money
  • the difficulty of managing fiat currency
  • modern monetary theory and the role of the state in the financial system
  • Satoshi’s message in BTC’s genesis block and what that indicates about Satoshi's intentions with Bitcoin 
  • whether a more transparent, blockchain-based financial system could eventually lead to a new financial order
  • how Bitcoin behaves like an option on digital gold, and when it will behave like digital gold
  • whether Bitcoin is simply a reversion to previous forms of money that weren’t controlled by the state
  • how crypto/blockchain and fintech innovation from startups and the Chinese government will affect the USD
  • how a hypothetical war between the US and China would affect the dollar's dominance
  • how China's DCEP could disintermediate banks 
  • how Bitcoin fits into all of the different macro conditions facing the global economy
  • whether Libra is going to be the initial gateway getting people into our digital currency world
  • how well the recovery from coronavirus will go, and how it will affect the development of the crypto space in the near-term

 

Thank you to our sponsors!

 

Crypto.com: https://crypto.com

 

Tezos: https://tquorum.com/

 

Episode links: 

 

Niall Ferguson: http://www.niallferguson.com

 

The Ascent of Money: https://www.penguinrandomhouse.com/books/302900/the-ascent-of-money-by-niall-ferguson/

 

Michael Casey: https://www.michaeljcasey.com

 

Money Reimagined: https://www.coindesk.com/tag/money-reimagined



The Age of Cryptocurrency: https://us.macmillan.com/books/9781250081551

 

The first episode in the Why Bitcoin Now series: Mike Novogratz and Raoul Pal on 'the Single Greatest Brand' ofo the Last 10 Years:  https://unchainedpodcast.com/why-bitcoin-now-mike-novogratz-and-raoul-pal-on-the-single-greatest-brand-of-the-last-10-years/

 

How Niall got into Bitcoin:

http://www.niallferguson.com/journalism/finance-economics/bitcoin-may-go-pop-but-its-revolution-will-go-on

 

Niall and Michael at Consensus: https://www.coindesk.com/disruption-money-and-a-world-of-change-feat-niall-ferguson

 

Unchained interview with Chamath Palihapitiya, who believes Bitcoin is a hedge on everything blowing up: https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/

 

Carlota Perez at CoinDesk's Consensus: https://www.coindesk.com/video/carlota-perez-on-blockchains-and-technological-revolutions

 

Unchained interview about the DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

 

Unchained interview with Christopher Giancarlo about a digital dollar: https://unchainedpodcast.com/christopher-giancarlo-why-the-us-needs-to-have-a-digital-dollar/

 

Unconfirmed episode with Michael about Libra: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/


Unchained episode with a co-creator of Libra: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Jul 14, 2020
DeFi Yield Farming: Why It's All the Rage But Risky - Ep.180
01:10:15

Dan Elitzer, investor at IDEO CoLab Ventures, and Will Price, data scientist at Flipside Crypto, discuss the yield farming craze. In this episode, we cover:

  • the goals of protocols offering liquidity mining
  • the goals of users yield farming right now
  • whether users of Compound will have much awareness of COMP in the future
  • how Compound is trying to dampen inorganic activity and properly align incentives 
  • how incentives in one DeFi protocol can screw up another's such as changes in Compound's liquidity mining program causing Dai to lose its peg
  • whether the activity created by liquidity mining is sustainable and how
  • whether Compound is overvalued and how to determine valuations for DeFi tokens
  • the security risks that come with trying yield farming
  • how teams can keep their protocols safe given the composability of DeFi and the growing number of developments in the space
  • whether the yield farming craze will cause the price of ETH to rise and why the prevalence of stablecoins might prevent that
  • whether new DeFi tokens could push flagging layer 1s out of the top 10
  • what will happen if even more Bitcoin comes to DeFi
  • how the next big thing in DeFi might be trying to stack yield across protocols and eventually prime brokerage protocols

Thank you to our sponsor!

Crypto.com: https://www.crypto.com

 

Episode links: 

Dan Elitzer: https://twitter.com/delitzer

IDEO CoLab Ventures: https://www.ideocolab.com/ventures/

Will Price: https://twitter.com/will__price

Flipside Crypto: https://flipsidecrypto.com

 

Total value locked in Compound: https://defipulse.com/compound

 

What liquidity bootstrapping pools are: https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4 

 

Dan on earning more from borrowing USDT than lending it on Compound: https://twitter.com/delitzer/status/1272642107128164354 

 

Tony Sheng on how yield farming works and how much you can earn from it: https://twitter.com/tonysheng/status/1274393189231689728

 

And his followup on the risks of yield farming: https://twitter.com/tonysheng/status/1274780457729617920

 

The purpose of COMP for governance: https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3 

https://medium.com/compound-finance/expanding-compound-governance-ce13fcd4fe36

 

Risks of so much BAT being held in Compound: https://twitter.com/spencernoon/status/1276897377446776832?s=20

https://twitter.com/defiprime/status/1277026665952980992?s=20

https://twitter.com/devops199fan/status/1274732220192829441?s=20

 

Cyrus of MakerDAO concerned about the risks COMP poses to the Dai peg: https://forum.makerdao.com/t/upcoming-comp-farming-change-could-impact-the-dai-peg/2965

 

Dan Guido and Taylor Monahan on Unchained discussing DeFi security: https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/

 

Twitter discussion on whether ETH price will rise due to yield farming: https://twitter.com/RyanSAdams/status/1274781676875452421

 

What will happen to other Layer 1s? https://twitter.com/Shaughnessy119/status/1274376237239189504?s=20 


Aquaponic yield farming: https://bankless.substack.com/p/aquaponic-yield-farming

Jul 07, 2020
Why Bitcoin Now: Mike Novogratz and Raoul Pal on 'the Single Greatest Brand' of the Last 10 Years - Ep.179
01:10:15

This episode is the first in a series, Why Bitcoin Now, that takes a deeper dive into Bitcoin and the history of money in the macroeconomic environment of the coronavirus. Mike Novogratz, founder, CEO and chairman of Galaxy Digital, and Raoul Pal, founder and CEO of Global Macro Investor and Real Vision Group, tell us where they think Bitcoin is going amidst this macro uncertainty and the global crisis due to the coronavirus. We discuss: 

  • why Bitcoin’s price hasn't risen in price due to the global turmoil, and instead fell with the rest of the market on Black Thursday 
  • why quantitative easing is the catalyst for institutional investors to turn to Bitcoin, but why that takes time, and why registered investment advisors may be on the cusp
  • why they think retail investors will continue to buy Bitcoin despite record unemployment
  • why Bitcoin will benefit from social unrest
  • why any particular country's success in dealing with the coronavirus won’t really lessen the economic impact there
  • whether China's first-mover advantage with the DCEP and its comprehensive enterprise blockchain initiatives will undermine the global dominance of the US dollar 
  • why they believe there will ultimately be a dollar-based stablecoin 
  • why they believe Libra will be a strong player in the future of stablecoins 
  • how election outcomes, and in particular a potential movement to break up Big Tech, could affect Bitcoin and the vision for Web3
  • whether Ethereum, and staking, will see more adoption from institutional investors 
  • why they believe yield farming is ultimately not sustainable, but still profitable
  • the impact the Bitcoin halving will have in this macroeconomic environment

Unchained is hiring! 

Check out our job listing for a remote editorial assistant here!

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law 

Stellar: https://www.stellar.org 

Episode links: 

Mike Novogratz: https://twitter.com/novogratz

Galaxy Digital: https://www.galaxydigital.io

Raoul Pal: https://twitter.com/RaoulGMI

Real Vision: https://www.realvision.com

Unchained interview with Kyle Samani on what happened in the crypto markets on Black Thursday: https://unchainedpodcast.com/teetering-on-the-edge-how-black-thursday-exposed-the-flaws-in-the-crypto-markets/

Unconfirmed interview with Antoine Le Calvez on what happened on BitMEX during Black thursday: https://unchainedpodcast.com/what-happened-on-bitmex-during-black-thursday/

Unchained interview with Chamath Palihapitiya on Bitcoin: https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/

Brian Armstrong tweet about deposits to Coinbase the same size as the $1,200 stimulus check: https://twitter.com/brian_armstrong/status/1250907110730170370?s=20

China's DCEP and blockchain initiative: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Unchained interview on Libra: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Unconfirmed interview with the Libra Association's Dante Disparte: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

Unconfirmed interview with Michael Casey on why it would it would be good if Libra rivaled the USD: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

Christopher Giancarlo's digital dollar project: https://unchainedpodcast.com/christopher-giancarlo-why-the-us-needs-to-have-a-digital-dollar/

Ethereum 2.0 staking: https://www.coindesk.com/3-ways-staking-will-upend-the-economics-of-ethereum

Unconfirmed with Kain Warwick on COMP's launch: https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/

Unconfirmed interview with Tony Sheng on yield farming: https://unchainedpodcast.com/how-you-can-double-your-money-or-lose-everything/

Jun 30, 2020
Chamath Palihapitiya: Why Bitcoin Will Be 'the Category Winner' - Ep.178
01:11:52

Chamath Palihapitiya, the CEO of Social Capital and chairman of Virgin Galactic, talks about a wide range of issues, including Bitcoin, COVID, civil unrest, and broad economic trends and forecasts. We discuss:

  • Whether his economic forecasts have shifted throughout COVID
  • Why he believes a debt crisis will occur
  • How he views the success of BTC as a hedge against the ruling class
  • How the economic pendulum will swing back toward consumers
  • Why he doesn't mind if big corporations and hedge funds get wiped out
  • Whether he subscribes to the thesis that Bitcoin is uncorrelated 
  • Why the pandemic has not spurred institutional adoption of crypto
  • Why he sees no merit in Ethereum
  • How the economy will become more decentralized in the future and whether blockchain will be a part of it 
  • Why he prefers SPACs over ICOs
  • Why he started capital as a service 
  • Why he believes the government should bust up large corporations

Unchained is hiring!

I'm looking for a remote editorial assistant. If you love crypto and have journalism experience, get in touch! https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Stellar: https://www.stellar.org 

Kelman Law: https://www.kelman.law 

Episode links: 

Chamath Palihapitiya: https://twitter.com/chamath

Social Capital: https://www.socialcapital.com/

Turmoil at Social Capital: https://www.theinformation.com/articles/social-capital-founder-gives-his-account-of-turmoil-at-firm

https://observer.com/2018/09/chamath-palihapitiya-social-capital-turmoil/

https://medium.com/@chamath/the-reports-of-our-death-have-been-greatly-exaggerated-11bcc80ee4ab

2019 interview with Kara Swisher: https://www.vox.com/podcasts/2019/3/4/18247010/chamath-palihapitiya-social-capital-happiness-identity-crisis-kara-swisher-teddy-schleifer-podcast

Chamath on Recode Decode in 2020: https://podcastnotes.org/recode-decode/chamath-palihapitiya-kara-swisher-investing/

Fed buying up to $250 billion in individual corporate bonds: https://markets.businessinsider.com/news/stocks/federal-reserve-begins-individual-corporate-bond-purchases-secondary-market-relief-2020-6-1029309910

CNBC interview where he says Bitcoin is an uncorrelated hedge: https://www.youtube.com/watch?v=-2gDmcU8bDw 

https://www.cnbc.com/video/2017/12/12/social-capitals-palihapitiya-bitcoin-is-going-to-1-million-in-the-next-20-years.html

SPAC: https://www.wsj.com/articles/the-modern-ipo-is-useless-lets-reinvent-it-1506361770?mod=searchresults&page=2&pos=13

China’s blockchain efforts: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects

Capital as a service: 

https://caas.socialcapital.com 

https://medium.com/social-capital/from-experiment-to-product-capital-as-a-service-one-year-later-6d8b4b9c038b

2019 investor letter: https://www.socialcapital.com/annual-letters/2019

At Stanford GSB: https://www.youtube.com/watch?v=PMotykw0SIk

Jun 23, 2020
Christopher Giancarlo: Why the US Needs to Have a Digital Dollar - Ep.177
54:46

At an event at the NYU Stern School of Business, Christopher Giancarlo, former CFTC Chairman and co-founder of the Digital Dollar Foundation, discusses his proposal for a US central bank digital currency (CBDC), and how that fits into the broader geopolitical environment. We cover:

  • Why he has focused on pushing for a US digital dollar after leaving the CFTC
  • How a US CBDC would be different from other stablecoins
  • How the proposal is designed to build off of the traditional banking infrastructure
  • What pilot programs would look like
  • How a digital dollar would foster economic inclusion even though using the digital dollar requires owning a smartphone
  • How it would handle privacy
  • How the network would be secured
  • Whether the US is falling behind China in terms of central bank digital currencies and blockchain exploration
  • Whether Libra will be a proxy for the digital dollar
  • How COVID-19 has affected the discourse around a digital dollar
  • Whether the election will affect the future of the digital dollar

Unchained is hiring!

Check out our job listing for a remote editorial assistant here! https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law  

Stellar: https://www.stellar.org

Episode links: 

Chris Giancarlo: https://twitter.com/giancarlo

Digital Dollar Project : https://www.digitaldollarproject.org

Previous Unchained interview with Chris: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/ 

Chris and Daniel Gorfine’s WSJ op-ed advocating for a digital dollar: https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923

Digital dollars in stimulus bills — March: https://www.coindesk.com/house-stimulus-bills-envision-digital-dollar-to-ease-coronavirus-recession 

April: https://www.coindesk.com/digital-dollar-reintroduced-by-us-lawmakers-in-latest-stimulus-bill

Pew Research on smartphone adoption: https://www.pewresearch.org/internet/fact-sheet/mobile/

FDIC survey on the unbanked and underbanked: https://www.fdic.gov/householdsurvey/2017/2017execsumm.pdf

Banks keeping some of customers’ stimulus money: https://www.nytimes.com/2020/04/16/business/stimulus-paychecks-garnish-banks.html

Why a digital dollar is politically more feasible at this moment than before: https://www.coindesk.com/the-overton-window-opens-for-a-digital-dollar

Ohio Senator Sherrod Brown also proposes digital dollar: https://www.coindesk.com/us-senate-floats-digital-dollar-bill-after-house-scrubs-term-from-coronavirus-relief-plan 

Philadelphia Fed paper: https://www.philadelphiafed.org/-/media/research-and-data/publications/working-papers/2020/wp20-19.pdf

Receptivity in Congress to the idea of a digital dollar: https://www.coindesk.com/how-a-flurry-of-digital-dollar-proposals-made-it-to-congress

Libra white paper: https://libra.org/en-US/white-paper/#cover-letter

Congressional hearing on using FedAccounts and for stimulus: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=406612

Jun 16, 2020
Rep. Warren Davidson: 'I Think Bitcoin Is a Great Store of Value' - Ep.176
01:02:59

U.S. House Representative, Warren Davidson, contextualizes the state of crypto legislation in terms of widespread civil unrest, COVID-19, and global shifts in power. He explains where crypto plays a role in these paradigm shifts and talks about:

  • Why he believes in crypto, and how he came into the space
  • How his Token Taxonomy Act creates regulatory clarity for token issuers
  • What four conditions tokens would have to meet to not be considered securities
  • Other features of the Token Taxonomy Act, including a de minimus exemption for taxes and no taxation of crypto-to-crypto trades
  • How the pandemic and coronavirus-related fiscal stimulus affects the prospects for the Token Taxonomy Act
  • What he thinks about China's blockchain push and its DCEP digital yuan
  • Whether and how that creates a credible threat to US dominance in global markets
  • Whether Libra could be a counterweight
  • How a shift toward digital currencies could undermine the global reserve status of the USD and whether that affects the US's ability to enforce sanctions
  • How outcomes of the upcoming election will affect the potential passage of crypto-friendly regulation
  • Why it is easier for crypto legislation to be more bi-partisan than other bills  
  • What help he needs from the industry right now to push along crypto-friendly bills

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law  

Stellar: https://www.stellar.org

Episode links: 

Rep. Warren Davidson: https://twitter.com/WarrenDavidson

His House page: https://davidson.house.gov

Press release on the Token Taxonomy Act: https://davidson.house.gov/media-center/press-releases/token-taxonomy-act-address-blockchain-innovation-flight-america

Token Taxonomy Act on GovTrack: https://www.govtrack.us/congress/bills/116/hr2144

Text of the Token Taxonomy Act: https://www.govtrack.us/congress/bills/116/hr2144/text

Letter requesting IRS clarify some crypto tax policies: https://www.coindesk.com/us-lawmakers-ask-irs-to-clarify-crypto-tax-rules-around-airdrops-forks-in-new-letter

Congressman Patrick McHenry on Unchained discussing his “permanent beta testing” idea for crypto: https://unchainedpodcast.com/congressman-patrick-mchenry-bitcoin-will-be-of-enormous-value/

Unchained interview on the DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Unchained interview with Libra co-creator Christian Catalini: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Unchained with Christopher Giancarlo on his proposal for a digital dollar: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/

Secretary Steve Mnuchin on Libra and a digital dollar: https://www.bloomberg.com/news/articles/2019-12-05/mnuchin-powell-see-no-need-for-fed-to-issue-digital-currency

Video in which Rep. Davidson says “shitcoin”: https://www.coindesk.com/lawmakers-amp-up-pressure-on-facebook-to-halt-libra-cryptocurrency-development

Meltem Demirors and Jill Carlson on the Shitcoin Waterfall on Unchained: https://unchainedpodcast.com/meltem-demirors-and-jill-carlson-on-the-shitcoin-waterfall-ep-74/taxes

Jun 09, 2020
How to Decentralize a Crypto Project Without Harming Security - Ep.175
01:07:24

Jesse Walden of Variant Fund, and Robert Leshner of Compound explain all of the problems associated with the decentralizing process in terms of governance and compliance, pulling from their own lessons and their commentary on other projects. We cover:

  • Why projects must start with some level centralization
  • How projects can both monetize and not put their code at risk of being forked
  • How they can decentralize while also maintaining security, especially for composable DeFi projects that may become vulnerable as new technology and new protocols are introduced
  • How and when to distribute the token so as not to attract only speculators and also not trip regulatory wires 
  • How Compound’s current governance works, how it is decentralizing, why they decided to use a governance token, and what Compound (the company) will do after full decentralization 
  • Why open-sourced projects are still able to extract profits, even after a fork
  • Whether or not teams should have admin keys, such as what was used in response to the bZx attacks
  • Whether or not projects should be upgrade-able
  • What Block.One, which raised $4 billion in an ICO, did right to only pay a $24 million fine to the SEC 

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law  

Stellar: https://www.stellar.org

Episode links: 

Jesse Walden: https://twitter.com/jessewldn

Robert Leshner: https://www.linkedin.com/in/rleshner/

A16z Crypto startup school: https://a16z.com/crypto-startup-school/

Compound: https://compound.finance

Progressive Decentralization playbook: https://jessewalden.com/progressive-decentralization-a-playbook-for-building-crypto-applications/

What recent moves by the SEC say about mutability when it comes to crypto networks: https://a16z.com/2019/10/22/mutability-sec-recent-cases/

Compound’s $COMP token: https://medium.com/compound-finance/compound-governance-5531f524cf68

More on Compound’s governance token: https://www.coindesk.com/compound-extends-defi-ethos-to-itself-launches-governance-token

Unchained discussion about bZx attacks: https://unchainedpodcast.com/the-bzx-attacks-unethical-or-illegal-2-experts-weigh-in/

Eric Wall tweet storm on admin keys: https://twitter.com/ercwl/status/1229198599264907264?s=20

tBTC shutting down: https://twitter.com/keep_project/status/1262483526437556228

More on tBTC: https://www.coindesk.com/bug-forces-shutdown-of-bitcoin-backed-ethereum-token-tbtc

Unchained interview about tBTC in which Matt Luongo explains the admin key: https://unchainedpodcast.com/tbtc-what-happens-when-the-most-liquid-crypto-asset-hits-defi/

Is the SEC trying to kill the SAFT? https://www.coindesk.com/with-kik-and-telegram-cases-the-sec-tries-to-kill-the-saft 

Block.One settlement with SEC: https://www.coindesk.com/eos-maker-block-one-settles-with-sec-over-unregistered-securities-sale

Jun 02, 2020
Ready Layer One: Who Competes With Ethereum? - Ep.174
01:03:59

This week’s Unchained is my panel at Ready Layer One! We talk everything layer one with four key players and projects -- Illia Polosukhin of NEARprotocol, Zaki Manian of Cosmos, Rob Habermeier of Polkadot, and Arthur Breitman of Tezos — to find out how these projects plan to compete with Ethereum and attract developers and users. We discuss: 

  • What platforms they are building and at which stage in development they are 
  • How they differentiate themselves from Ethereum, and what problems they believe need to be solved 
  • How they plan to attract devs in an industry of network effects 
  • Whether or not Bitcoin and Ethereum are direct competitors
  • Whether, in the long run, crypto will be more winner-take-all or there will be multiple, interoperable chains  
  • How they plan to bring new users into the space
  • How they think the transition to ETH2.0 will shake up the existing blockchain space

Take our survey!

Tell us what would you like to see from Unchained! Please take a moment to fill out the survey to let us know what you'd like from the show: surveymonkey.com/r/unchained2020.

Crypto.com has offered our survey respondents a chance to win a metal MCO Visa card -- and Crypto.com will stake these cards indefinitely! Ten lucky winners will enjoy card benefits including free Spotify, free Netflix and 3% back on all spending, and they’ll earn extra interest on their crypto deposit and more!  Thanks, Crypto.com! Again, take the survey now: surveymonkey.com/r/unchained2020.

Unchained is hiring!

Come work at Unchained! We have an opening for a remote editorial assistant — find out more about the gig and apply here: https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Stellar: https://www.stellar.org/

Episode links: 

Illia Polosukhin: https://twitter.com/ilblackdragon

Near protocol: https://near.org

Zaki Manian: https://twitter.com/zmanian

Cosmos: https://cosmos.network

Rob Habermeier: https://twitter.com/rphmeier

Polkadot: https://polkadot.network

Arthur Breitman: https://twitter.com/ArthurB

Tezos: https://tezos.com

Near protocol on mainnet: https://near.org/blog/near-mainnet-genesis/

Electric Capital report on the number of developers in Ethereum: https://unchainedpodcast.com/electric-capital-on-the-coins-punching-below-their-weight/

May 26, 2020
Listen to CZ Compare Binance to Bitcoin - Ep.173
50:21

Changpeng Zhao, aka CZ, cofounder and CEO of Binance, and I kicked off the Ethereal Virtual Summit with a fun fireside chat! He talked about Binance’s current operations, its plans for the future, and the crypto industry as a whole. He explains: 

  • Why he thought the questions I asked him in our first interview were misleading
  • Whether Libra’s new plans are affecting Binance’s strategy for Venus
  • What impact China’s DCEP will have on crypto
  • Why the confluence of circumstances caused by COVID are a “perfect storm” for crypto, and how this will affect crypto in the long-term
  • Whether the Binance Smart Chain will leech away Ethereum developers and users
  • Why he thinks competition in the industry only grows it
  • How Binance can own CoinMarketCap without affecting its objectivity 
  • What he says to the class-action lawsuit against Binance, him and the other cofounders of Binance accusing them of offering unregistered securities
  • How he views the role of Binance in governance in delegated proof-of-state systems, such as when Binance flip-flopped on a contentious hard fork in Steem
  • Where Binance is headquartered

Unchained is hiring! Check out the job posting here! https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Stellar: https://www.stellar.org/

Episode links:

CZ: https://twitter.com/cz_binance

Binance: https://www.binance.com/en

My first interview with CZ: https://unchainedpodcast.com/how-binance-became-the-most-popular-crypto-exchange-in-5-months-ep-84/

Details on BUSD: https://www.theblockcrypto.com/post/38607/binance-launching-its-own-usd-pegged-stablecoin-busd-with-paxos-as-custodian

Binance announcement about BUSD: https://binance.zendesk.com/hc/en-us/articles/360032604131-Binance-Announces-Open-Blockchain-Project-Venus- 

BUSD marketshare: https://www.coindesk.com/binance-stablecoin-busd-tops-100m-but-lags-behind-rivals

Venus as the One Belt, One Road initiative of Libra: https://twitter.com/DoveyWan/status/1163364542233006082?s=20 

Venus focusing on developing countries: https://www.coindesk.com/binance-is-pitching-its-stablecoin-as-a-government-friendly-libra-competitor

Binance’s acquisition of CoinMarketCap: https://www.coindesk.com/binances-coinmarketcap-acquisition-is-a-bet-that-crypto-really-is-for-the-masses

125x leverage: https://www.binance.com/en/blog/393707200802271232/5-Things-You-Need-to-Know-About-Binance-Futures-125x-Leverage

The Block report on BNB’s latest token burn: https://www.theblockcrypto.com/genesis/62306/a-closer-look-at-binances-bnb-burns

Lee et al. vs. Binance: https://www.scribd.com/document/455203877/Lee-et-al-vs-Binance

Estimate that Binance earned $46 million in profit in 2018: 

https://www.theblockcrypto.com/genesis/10491/analysis-binance-brought-in-446-million-in-profits-in-2018-despite-the-bear-market

Binance used Steem tokens on its exchange to help vote out Steem validators: https://steempeak.com/witness/@ura-soul/ura-soul-witness-update-anarchy-vs-empire-tron-replaces-top-witnesses-and-takes-over-the-steem-blockchain 

CZ’s initial tweet about the how Binance handled the Steemit fork: https://twitter.com/cz_binance/status/1234565384327585792?s=20

Binance reverses course: https://www.coindesk.com/steem-will-hard-fork-in-just-hours-over-community-fears-of-justin-sun-power-grab

Binance not authorized to operate in Malta: https://www.theblockcrypto.com/linked/56603/binance-is-not-authorised-to-operate-in-malta-says-the-countrys-financial-regulator 

CZ on Binance not being based in Malta and decentralized: https://twitter.com/cz_binance/status/1230860647086338048

Binance shut down Shanghai offices: https://www.theblockcrypto.com/post/47922/binances-shanghai-office-shut-down-following-police-raid-sources-say

Links to topics we did not have time to cover:

Binance removes all references to Visa from its credit card: https://www.theblockcrypto.com/post/60886/binance-quietly-scrubs-visa-mentions-from-its-payment-card-website

Opening mining pool: https://www.coindesk.com/binance-crypto-exchange-is-launching-its-first-bitcoin-mining-pool

Investment in startups in Africa: https://www.coindesk.com/binance-backed-crypto-payments-app-as-race-for-africa-heats-up

In-browser trading: https://www.coindesk.com/brave-partners-with-binance-to-develop-in-browser-crypto-trading

https://brave.com/binance/

May 19, 2020
The Third Bitcoin Halving Just Happened: What Now? - Ep.172
01:08:46

Amanda Fabiano, director of Bitcoin mining at the Fidelity Center for Applied Technology, and Christopher Bendiksen, head of research at CoinShares, discuss the third Bitcoin halving, which occurred hours before the publication of this episode. They discuss:

  • the significance of the halving
  • what effect it could have on price and what Amanda and Christopher think of Dan Morehead's projection that it could reach $115,000 next year
  • how macroeconomic events like the coronavirus and quantitative easing could impact uptake of Bitcoin
  • how the halving could affect miners and hash rate
  • how the halving could influence the environmental impact of Bitcoin
  • why mining was the first activity Fidelity pursued with Bitcoin
  • what they think needs to happen in Bitcoin to foster more adoption
  • why hash rate derivatives will be a crucial step
  • what the outlook is for institutional adoption of Bitcoin
  • plus, is it halving or halvening?

Take the 2020 Unchained Podcast survey! 

I'm doing another survey to find out what you want from the podcasts and how I can make them better! Please take a moment to fill it out here and to tell us at Unchained what you'd like from the show: https://www.surveymonkey.com/r/unchained2020

Plus, Crypto.com has offered our survey respondents a chance to win a metal MCO Visa card -- Crypto.com will stake these cards indefinitely! Ten lucky winners will enjoy card benefits including free Spotify, free Netflix, 3% back on all spending, earn extra interest on their crypto deposit and more!  Thanks, Crypto.com! Again, take the survey now! https://www.surveymonkey.com/r/unchained2020

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Stellar: https://www.stellar.org/

Episode links: 

Amanda Fabiano: https://twitter.com/_amanda_fab

Fidelity Center for Applied Technology: https://www.fidelitylabs.com

Christopher Bendiksen: https://twitter.com/C_Bendiksen

Coinshares: https://coinshares.com

Coinshares’ 5 Popular Bitcoin Halving Theories: https://coinshares.com/research/5-popular-btc-halving-theories

Coinshares’ December 2019 Bitcoin Mining Report: https://coinshares.com/assets/resources/Research/bitcoin-mining-network-december-2019.pdf

Unconfirmed episode with Dan Morehead: https://unchainedpodcast.com/a-bitcoin-price-of-115000-next-year/

Bitcoin stock-to-flow ratio: https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

Fidelity opens trading to institutional customers: https://www.bloomberg.com/news/articles/2019-05-06/fidelity-said-to-offer-cryptocurrency-trading-within-a-few-weeks

Fidelity Digital Assets signs first exchange: https://www.coindesk.com/fidelity-digital-assets-to-sign-up-its-first-crypto-exchange-by-end-of-the-year

May 12, 2020
El Auge de MakerDAO: Un Viaje Personal - Ep.171
33:53

Hi everyone, this is an essay by Mariano Conti of MakerDAO that was so popular, personal and relatable, especially to those living in Latin America, that we decided to have Mariano translate it and read it in Spanish. Share it with your Spanish-speaking friends who still don’t understand what crypto is about, to show how it solved real-world problems for at least one person. 

Mariano Conti, jefe de contratos inteligentes de MakerDAO, nos lee su ensayo sobre su experiencia personal con criptomonedas, desde el punto de vista de un Argentino cuya familia ha experimentado períodos de hiperinflación, y de un freelancer que recibe pagos por su trabajo desde varios países. Mariano describe la evolución de Maker desde Dai de Colateral Único (ahora Sai) hasta Dai Multi Colateral, y también brinda su perspectiva de los eventos del Jueves Negro y las subastas de deuda subsecuentes que el protocolo debió llevar a cabo para regularizar su situación.

May 06, 2020
DeFi Security: With So Many Hacks, Will It Ever Be Safe? - Ep.170
01:16:28

Dan Guido, cofounder and CEO of Trail of Bits, and Taylor Monahan, founder and CEO of MyCrypto, discuss all the recent hacks in DeFi, how it can be made more safely and who is responsible. 

We tackle: 

  • the Hegic security incident: whose responsibility it was to make sure the contract was secure — the auditor (Trail of Bits) or the team (Hegic) — what Trail of Bits was saying in its audit summary, and how to read between the lines of an audit summary
  • how long an audit should be
  • upgradeability: particularly around when more advanced technology and contracts interface with older technology/contracts
  • centralization vs. decentralization: whether contracts can be made safely while maintaining adhering to the principle of decentralization, why Taylor would prioritize centralization and security, and how teams can create different levels of risk for users 
  • bug bounties: why asking what amount they should be is the wrong question
  • the security threats posed by oracles
  • and what a checklist for DeFi teams might look like

Thank you to our sponsors! 

Crypto.com: https://crypto.com 

Kraken: https://www.kraken.com 

Stellar: https://www.stellar.org

Episode links: 

Dan Guido: https://twitter.com/dguido

Trail of Bits: https://www.trailofbits.com

Taylor Monahan: https://twitter.com/tayvano_

MyCrypto: https://mycrypto.com

Initial tweet by Hegic calling the security issue a typo: https://twitter.com/HegicOptions/status/1253937104666742787?s=20

Hegic tweet saying, “It’s not a security issue”: https://twitter.com/HegicOptions/status/1253954145113038849?s=20  

Trail of Bits saying it will no longer work with Hegic: https://twitter.com/dguido/status/1254260725431894020?s=20 

Taylor breaks down the audit summary: https://twitter.com/MyCrypto/status/1254058121342803968?s=20

Molly Wintermute’s Medium post on requesting a week audit vs. three-day review: https://medium.com/@molly.wintermute/post-mortem-hegic-unlock-function-bug-or-three-defi-development-mistakesthat-i-feel-sorry-about-5a23a7197bce 

Unconfirmed episode with Haseeb Qureshi on the Lendf.me attack: https://unchainedpodcast.com/haseeb-qureshi-on-the-unbelievable-story-of-the-25-million-lendf-me-hack/

Unchained interview showing Matt Luongo's approach to kill switches and upgradeability with tBTC: https://unchainedpodcast.com/tbtc-what-happens-when-the-most-liquid-crypto-asset-hits-defi/

Discussion of the bZx attacks on Unchained: https://unchainedpodcast.com/the-bzx-attacks-unethical-or-illegal-2-experts-weigh-in/

Issue with Curve contract: https://blog.curve.fi/vulnerability-disclosure/ 

Compound bug bounty program: https://compound.finance/docs/security#bug-bounty

Taylor on “upgradeability makes things more insecure”: https://twitter.com/tayvano_/status/1222564979657723904?s=20 

Synthetix oracle incident, allowing a bot to profit $1 billion: https://unchainedpodcast.com/how-synthetix-became-the-second-largest-defi-platform/

Taylor’s tips on how to get more ROI on an audit: https://twitter.com/MyCrypto/status/1254061500244713474?s=20

Tips to follow before getting an audit: https://blog.openzeppelin.com/follow-this-quality-checklist-before-an-audit-8cc6a0e44845/ 

Resources for security in DeFi: 

crytic/building-secure-contractsGuidelines and training material to write secure smart contracts - crytic/building-secure-contractsgithub.com

https://consensys.github.io/smart-contract-best-practices/ 

https://forum.openzeppelin.com

https://swcregistry.io

https://diligence.consensys.net/blog/2020/03/new-offering-1-day-security-reviews/

May 05, 2020
tBTC: What Happens When the Most Liquid Crypto Asset Hits DeFi? - Ep.169
01:13:07

Matt Luongo, CEO of Thesis, the parent company of Fold and Keep, describes the just-launched tBTC, his plan for a censorship-resistant Bitcoin-Ethereum bridge. He explains his personal reasons for wanting such a platform, why tBTC is different from other versions of Bitcoin on Ethereum, and how it works -- including the process of becoming a signer in minting tBTC, how the system will handle crises, the reason for high collateralization levels, why staking assets are limited, and the necessity of a work token, Keep. He also discusses the economics behind tBTC-backed tBTC, his vision for DeFi, how tBTC could buffer an ETH crash, and the reasoning behind minimal governance mechanisms -- playing into why institutions trust BTC more than ETH. Plus, he contrasts the Bitcoin and Ethereum communities and talks about the possibility of tBTC2.0.  

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

Matt Luongo: https://twitter.com/mhluongo

Thesis: https://thesis.co/

Keep: https://keep.network/

Fold App: https://foldapp.com/

tBTC white paper: https://docs.keep.network/tbtc/index.pdf

Initial reveal: https://twitter.com/mhluongo/status/1162481737525583873?s=20

Announcement on Keep blog: https://blog.keep.network/bridging-bitcoin-and-ethereum-b2f9923630a7?gi=5c9040ed3a72

Some criticism of tBTC: https://twitter.com/peterktodd/status/1162728205607985152?s=20

Matt on the Breakdown podcast: https://www.coindesk.com/will-defi-matter-in-a-post-coronavirus-world-feat-matt-luongo

Matt on Sendwyre podcast: https://blog.sendwyre.com/announcing-tbtc-with-james-prestwich-and-matt-luongo-of-cross-chain-group-c424e2b0b40c?gi=d1e8b53ca80e

How tBTC works: https://defipulse.com/blog/what-is-tbtc/

The Block on tBTC: https://www.theblockcrypto.com/daily/55284/inside-tbtc-the-bitcoin-backed-erc-20-token-that-could-go-live-in-march

Keep raises $7.7 million: https://www.forbes.com/sites/justinoconnell/2020/04/03/coinbase-co-founder-invests-in-project-to-bridge-bitcoin-and-ethereum/#368a6f737df4

Apr 28, 2020
Why Nothing Is More Viral Than a Store of Value - Ep.168
01:13:58

Cathie Wood, CEO and CIO of ARK Invest, and Yassine Elmandjra, ARK's thematic analyst, discuss their investment strategy with disruptive innovation, and how blockchain technology, especially Bitcoin, plays a major role in it. They explain why the unique market circumstances due to the coronavirus have led to more correlation between crypto and the traditional financial markets, but also why, in the long-term, it will ultimately be uncorrelated. We cover why they think crypto in the age of COVID-19 will see new opportunity, and when there will be a recovery of the larger economy. They also share, from an investor standpoint, their growing conviction in Bitcoin due to its long-term value proposition compared to other chains like Ethereum. Plus, we talk about the future outlook for central bank digital currencies, and how Libra will launch, albeit differently, than expected. 

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

Cathie Wood: https://twitter.com/cathiedwood?lang=en

Yassine Elmandjra: https://twitter.com/yassineARK 

Yahoo Finance interview on ARK’s big ideas for 2020: https://finance.yahoo.com/video/cathie-wood-talks-ark-invests-222723696.html

Keynote on State of Digital Assets at Volt Capital summit: https://www.youtube.com/watch?time_continue=2729&v=c50TMCKsktA&feature=emb_logo

ARK’s Q&A video conference on COVID-19: https://ark-invest.com/research/bis2020?utm_campaign=BIS%202020&utm_medium=email&_hsenc=p2ANqtz--kCZDJ0VuIxNViHjN7KR7qOryEusndZqMfNp7JMkD4AIZJCv8otUtZm8YgPdmVYTZb3ylv4ysbxt8fRIUvngkRLcyvIw&_hsmi=85729999&utm_source=hs_email&utm_content=85729999&hsCtaTracking=14ee7e75-5bf4-46f8-8c8c-f5aeb84b32a7%7C5f5d3a43-f10e-4792-92de-96ef495eb5c6 

Feature on Cathie Wood: https://www.bloomberg.com/opinion/articles/2020-02-18/cathie-wood-s-tesla-bet-puts-ark-invest-in-spotlight

Her views on Zcash: https://www.theblockcrypto.com/post/12660/cathie-wood-on-the-block-the-crypto-revolution-is-coming-jump-on-or-get-out-of-the-way

Apr 21, 2020
The Rise of MakerDAO: A Personal Journey - Ep.167
32:49

Mariano Conti of MakerDAO, head of smart contracts at MakerDAO, reads from his essay about his personal experience with cryptocurrency, particularly as an Argentine whose family has experienced periods of hyperinflation, and as a freelancer accepting payment from foreign countries. He describes the evolution of Maker from single-collateral Dai (now Sai) to multi-collateral Dai, and also gives his perspective on the events of Black Thursday and the subsequent debt auctions the protocol undertook to right itself. 

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

Mariano Conti: https://twitter.com/nanexcool

Linda Xie’s essay about crypto memes on Unchained : https://unchainedpodcast.com/how-memes-can-help-crypto-go-mainstream/

Apr 14, 2020
The Most Forkable DeFi Protocols on Ethereum - Ep.166
23:52

Kyle Samani of Multicoin Capital reads from his essay on how defensible each of the major DeFi protocols on Ethereum are, and what that says about Ethereum's defensibility.  He evaluates how easy it would be from an effort and capital standpoint to fork each of the major DeFi protocols, and makes a strong case for how and why he thinks protocols like Maker are quite defensible, and why he believes certain dexes are less so.

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Apr 07, 2020
Why Decentralization Isn’t as Important as You Think - Ep.165
31:20

In this essay, Haseeb Qureshi of Dragonfly Capital explains why he thinks the focus on decentralization can be overhyped. He looks at why decentralization can be important but then makes it clear, by dissecting when it is important and when it’s not, and to whom it does and doesn’t matter, that it isn’t the be-all end-all goal for every endeavor. He talks about which questions we should be asking beyond just, “is it decentralized,” and also explains why that question doesn’t even make sense. 

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Mar 31, 2020
Teetering on the Edge: How Black Thursday Exposed the Flaws in the Crypto Markets - Ep.164
58:43

Kyle Samani, managing partner at Multicoin Capital, dissects Black Thursday, March 12, the day the crypto markets plunged twice amid the wider sell-off in the markets due to the coronavirus. He offers several theories for the first price drop that day, how that set off a series of liquidations on various exchanges, and then why liquidations stopped for about 12 hours before the next wave, which triggered the next price slump. He also describes why, at that point, the crypto market structure broke, as arbitrageurs attempted to move collateral from one exchange to another but could not because both the Bitcoin and Ethereum blockchains became congested, setting off a downward spiral particularly in Bitcoin, as miners began turning off equipment due to the falling BTC price. This led, ultimately, to there being $200 million worth of positions to liquidate on BitMEX, but only $20 million worth of bids on the entire BitMEX order book. Then we cover what happened next that ultimately saved the price of BTC dropping to $0 on BitMEXT.

Next, we discuss the second fall in prices that day, and how that affected MakerDAO, with congestion on the Ethereum blockchain preventing keepers from being able to liquidate undercollateralized vaults. A clever keeper sent a bid to liquidate a vault with a higher gas price, but realizing that there was no competition, bid $0, walking away with $4.5 million, and a total of $8 million being won this way. We covered how the price of ETH fell to $88 but because oracles weren't properly updating, the last price of ETH on MakerDAO was at $101 — a dollar higher than the $100 where a bunch of liquidations would have occurred, which would have likely put more downward pressure on ETH, resulting in another downward spiral. 

Kyle also evaluates some of the technical options for preventing these issues in future times of volatility, why many of them aren't promising but what is. 

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

https://multicoin.capital/2020/03/20/march-12-the-day-crypto-market-structure-broke-part-2/

Links from news recap:

Kyle Samani: https://twitter.com/KyleSamani

Multicoin Capital: https://multicoin.capital/

Multicoin blog part 1: https://multicoin.capital/2020/03/17/march-12-the-day-crypto-market-structure-broke/

Part 2: https://multicoin.capital/2020/03/20/march-12-the-day-crypto-market-structure-broke-part-2/

Theory that BitMEX’s maintenance was to prevent a collapse in Bitcoin: https://twitter.com/SBF_Alameda/status/1238306306043162625

https://www.theblockcrypto.com/genesis/58918/money-2-0-stuff-free-price-auctions

How traders took advantage of the roiling markets: https://www.theblockcrypto.com/post/59172/surfing-the-spread-crypto-market-turmoil-arbitrage

More on the liquidations in MakerDAO: https://medium.com/@whiterabbit_hq/black-thursday-for-makerdao-8-32-million-was-liquidated-for-0-dai-36b83cac56b6

https://blog.makerdao.com/usdc-approved-by-maker-governance-as-the-third-collateral-type-of-the-maker-protocol/

MakerDAO weighs emergency shutdown: https://www.coindesk.com/defi-leader-makerdao-weighs-emergency-shutdown-following-eth-price-drop

MakerDAO adds USDC as collateral: https://www.coindesk.com/makerdao-adds-usdc-as-defi-collateral-following-black-thursday-chaos

Kain Warwick on USDC as Dai collateral: https://twitter.com/kaiynne/status/1239795250882740225?s=20

Eva Beylin on USDC as Dai collateral: https://twitter.com/evabeylin/status/1240039492985085952?s=20

Huobi’s derivatives platform introduces circuit breaker: 

https://www.theblockcrypto.com/linked/59210/huobis-derivative-platform-now-includes-a-circuit-breaker-function

Debate over circuit breakers in crypto: 

https://twitter.com/TusharJain_/status/1238311534767595520

https://www.coindesk.com/does-crypto-need-circuit-breakers-last-weeks-price-crash-ignites-a-debate

Mar 24, 2020
Chris Burniske: A Blank Slate of State - Ep.163
38:17

In this essay, Chris Burniske of Placeholder Capital talks about what kind of world crypto entrepreneurs are creating and want to be creating with the systems they build. He talks about different kinds of values, the dangers of only pursuing market values, and why crypto has a unique opportunity now to recalibrate those market values and incorporate more of the societal virtues we hold dear. Then he dives into which values he hopes to imbue into crypto networks and how that informs his thinking as a VC in the space.

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Mar 17, 2020
Why Africa Is Poised to Be the Next Hub for Crypto Development - Ep.162
30:16

Soona Amhaz, general partner at Volt Capital, and Yele Bademosi, founder of Microtransaction, explain why they believe Africa is poised to become a hub for crypto development. They give some interesting stats on how crypto is currently used and traded on the continent, plus talk about how these factors interplay with the region’s unique demographics and the status of some of the continent’s fiat currencies to create what could be a unique environment for increased crypto activity. They end with what they think crypto entrepreneurs should be working on to help further that development.

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

Soona Amhaz: https://twitter.com/soonaorlater

Yele Bademosi: https://twitter.com/YeleBademosi

Mar 10, 2020
ETH Denver Fireside Chat With 2 of the Most Crypto-Friendly Governors in the Nation - Ep.161
37:05

In this fireside chat from ETH Denver, crypto-friendly governors Jared Polis of Colorado and Mark Gordon of Wyoming discuss how they each became interested in crypto and blockchain, how their states became friendly to the industry and how to resolve some of the thornier problems in crypto regulation, such as the state-by-state money transmission licensing regime. We also dive into the details on some of the regulations in their states, such as the regulations that make it possible to hold state-specific ICOs, what types of companies are taking advantage of those, and whether there's a bipartisan attitude toward crypto regulation. 

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

CO Governor Jared Polis: https://twitter.com/jaredpolis

WY Governor Mark Gordon: https://governor.wyo.gov/

CO Governor Jared Polis’s background: 

https://gazette.com/election/profile-entrepreneur-jared-polis-sees-governor-s-race-as-a/article_af2d0222-c1b2-11e8-8b2b-afa916b3b182.html

Governor Polis’s letter to SEC chairman Jay Clayton and then-CFTC chairman Christopher Giancarlo on crypto regulation: https://www.coindesk.com/lawmakers-renew-calls-us-lead-crypto-innovation

Colorado’s Digital Token Act: https://www.coindesk.com/colorado-could-be-next-in-the-race-to-bank-crypto-and-cannabis

https://leg.colorado.gov/sites/default/files/2019a_023_signed.pdf

https://thetokenist.io/colorado-signs-digital-token-act-into-law-some-digital-assets-exempt-from-securities-requirements/

Wyoming passes three crypto-friendly laws: https://www.coindesk.com/wyoming-lawmakers-pass-three-bills-in-boost-for-states-crypto-industry

Wyoming laws: https://www.wyoleg.gov/Legislation/2018/HB0070

https://www.forbes.com/sites/caitlinlong/2019/03/04/what-do-wyomings-new-blockchain-laws-mean/amp/

Mar 03, 2020
The bZx Attacks: Unethical or Illegal? 2 Experts Weigh In - Ep.160
01:04:06

Maya Zehavi, blockchain consultant, and Zubin Koticha, cofounder and CEO of Opyn, discuss the two recent bZx attacks, whether they were hacks or arbs and whether they were unethical or illegal. They also look at whether flash loans are to blame, how much transparency DeFi teams should have about vulnerabilities on their platforms, how much bug bounties should be for DeFi, and whether flash loans means the amount of bug bounties should be higher. We also talk about  whether DeFi should institute circuit breakers, when those would make sense, and whether these attacks could happen to anybody or whether bZx isn't up to the standards needed in this community. We also cover how bZx should handle the under-collateralized loans left on their platform, whether Chainlink will be a sufficient solution to prevent these attacks in the future, and whether DeFi insurance should cover these kinds of attacks. Plus, Maya and Zubin explains why they're happy the attacks happened and have made them more optimistic. And Maya reveals why she has a pizza slice emoji in her Twitter profile.

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

Episode links: 

Maya Zehavi: https://twitter.com/mayazi

Zubin Koticha: https://twitter.com/snarkyzk

Opyn: https://opyn.co/

Description of first attack: https://www.theblockcrypto.com/post/56171/bzx-exploit-former-google-engineer-explains-how-an-attacker-made-350k-in-single-transaction 

Description of second attack: https://www.theblockcrypto.com/post/56171/bzx-exploit-former-google-engineer-explains-how-an-attacker-made-350k-in-single-transaction

https://www.theblockcrypto.com/daily/56413/experts-weigh-in-on-bzx-attacks-flash-loans-highlight-the-need-to-improve-defi-security-models

https://www.theblockcrypto.com/linked/56134/defi-lending-protocol-bzx-exploited-a-portion-of-eth-lost

Unconfirmed episode about the attacks: https://unchainedpodcast.com/how-2-defi-attacks-made-almost-1-million-in-profit/

1inch.exchange blog post: https://medium.com/@1inch.exchange/yes-we-hacked-bzx-fulcrum-but-one-month-ago-3f7e5c437ee3

1inch exchange-Fulcrum dispute: https://www.theblockcrypto.com/post/56579/bzx-attacks-and-1inch-exchange-allegations-heres-what-the-teams-have-to-say 

Nexus Mutual payouts: https://defirate.com/nexus-mutual-first-payouts/

Nexus Mutual blog post: https://medium.com/nexus-mutual/bzx-flash-loan-event-55753d19e52b

Feb 25, 2020
Democracy in the Age of Cryptography - Ep.159
32:41

Santiago Siri, the cofounder and president of Democracy Earth, reads from his essay on how governance and identity change in the age of cryptography.

Thank you to our sponsors! 

Kraken: https://www.kraken.com

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/

Feb 18, 2020
Alex Gladstein on a World Without Bitcoin - Ep.158
30:54

Alex Gladstein, chief strategy officer at the Human Rights Foundation, reads his essay, A World Without Bitcoin. 

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com

Crypto.com: https://crypto.com/ 

Kraken: https://www.kraken.com

Feb 11, 2020
How Memes Can Help Crypto Go Mainstream - Ep.157
25:00

Linda Xie, cofounder at Scalar Capital, reads her essay on how the crypto community can successfully use memes to help people understand the technology.

Thank you to our sponsors! 

CipherTrace: http://ciphertrace.com/unchained

Crypto.com: http://crypto.com/

Kraken: http://kraken.com/

Episode links: 

Linda Xie: https://twitter.com/ljxie

Scalar Capital: https://scalar.capital/

Read Linda's full essay at: https://unchainedpodcast.com/how-memes-can-help-crypto-go-mainstream/

Feb 04, 2020
The Rogue 100: How Cryptocurrency Criminals Cash Out - Ep.156
01:07:32

Jonathan Levin, co-founder and CSO of Chainalysis, and Kim Grauer, head of research, discuss the company's 2020 Crypto Crime Report, which explores how cryptocurrency criminals, who perpetrate hacks and scams and send out ransomware and more, cash out. We cover how criminals are turning their illicit crypto into fiat currency, why exchanges are a prime avenue for money laundering, and how over-the-counter brokers are playing a large role. They talk about a group of OTC brokers they describe as the Rogue 100, what their transactions look like, and what can be done to help stop criminals from cashing out. Jonathan and Kim talk about the PlusToken scam, the largest Ponzi scheme in crypto and how Chainalysis determined that it was likely driving down the price of Bitcoin. They also explain the trends in exchange hacks and how the most prolific hackers have grown more sophisticated, giving some examples of how the Lazarus Group, a cybercriminal syndicate linked to the North Korean government has become more advanced. Finally, we also discuss ransomware and terrorism financing and what trends they are seeing there.

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com/unchained

Kraken: https://www.kraken.com

Crypto.com: https://crypto.com

Episode links: 

Chainalysis: https://www.chainalysis.com/

Jonathan Levin: https://twitter.com/jony_levin

Kim Grauer: https://twitter.com/KimberlyGrauer

Previous Unchained interview with Jonathan: https://unchainedpodcast.com/how-chainalysis-helps-solve-crimes-jonathan-levin-tells-all-ep-62/

Unconfirmed episode on how Bitcoin led to the demise of the largest child porn site: https://unchainedpodcast.com/how-bitcoin-led-to-the-demise-of-the-largest-child-porn-site/

Money laundering report: https://blog.chainalysis.com/reports/money-laundering-cryptocurrency-2019 

https://fortune.com/2020/01/15/crypto-criminals-brokers-launder-billions/

Exchange hacks report: https://blog.chainalysis.com/reports/cryptocurrency-exchange-hacks-2019

Unchained interview with Priscilla Moriuchi on why North Korea is interested in cryptocurrency: https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/

Plus Token report: https://blog.chainalysis.com/reports/plustoken-scam-bitcoin-price

Terrorism financing report: https://blog.chainalysis.com/reports/terrorism-financing-cryptocurrency-2019

Jan 28, 2020
Brendan Eich on How Brave Is Working to Decentralize - Ep.155
01:09:51

Brendan Eich, CEO and president of Brave, discusses his history in tech prior to crypto, including working at Netscape, how he created Javascript in 10 days and his short stint as CEO of Mozilla, what problems with ads that Brave is trying to solve, and why Brave needs the Basic Attention Token. He explains why Bitcoin wouldn't work for cryptocurrencies on the platform, why they use BAT over stablecoins, and how Brave strips ads from publishers' webpages, but doesn't from Facebook or Google, and how it causes collateral damage to publishers. He talks about how the browser is a middleman, how Brave works with Uphold and why it doesn't require KYC unless the users wants to cash out on his or her Brave rewards. He also explains why he isn't worried that BAT could meet the four prongs of the Howey test, what it will look like when Basic Attention Token is decentralized and why he doesn't know if publishers are earning back in BAT the ad revenue that Brave blocks.

Thank you to our sponsors! 

CipherTrace: http://ciphertrace.com/unchained

Crypto.com: http://crypto.com/

Kraken: https://kraken.com/

Episode links: 

Brendan Eich: https://twitter.com/BrendanEich

Brave: https://brave.com/

Basic Attention Token: https://basicattentiontoken.org/

BAT white paper: https://basicattentiontoken.org/wp-content/uploads/2017/05/BasicAttentionTokenWhitePaper-4.pdf

Brave Rewards: https://support.brave.com/hc/en-us/articles/360027276731-Brave-Rewards-FAQ

Brave privacy policy: https://brave.com/privacy/

https://brave.com/privacy/#dev-detail 

BAT Growth: https://batgrowth.com

Publishers on BAT: https://batgrowth.com/publishers/website

Brendan Eich admits Brave is semi-decentralized: https://thenextweb.com/hardfork/2018/11/23/brave-blockchain-cryptocurrency-browser/

How Brave hurts publishers: https://practicaltypography.com/the-cowardice-of-brave.html

Publishers send cease and desist to Brave: https://www.coindesk.com/bitcoin-browser-brave-responds-cease-desist

Whether BAT is necessary for Brave: https://micky.com.au/just-3-9-of-brave-browser-users-have-bat-in-their-wallets/

BAT ICO: https://www.coindesk.com/35-million-30-seconds-token-sale-internet-browser-brave-sells

Vitalik blog post on token sales: https://vitalik.ca/general/2017/06/09/sales.html

BAT roadmap: https://basicattentiontoken.org/bat-roadmap-1-0/

Jan 21, 2020
Why Catherine Coley Isn't Worried About BNB Being a Security - Ep.154
01:11:42

Catherine Coley, the CEO of Binance US, talks about her background as a foreign exchange trader, how and why she made the leap into crypto, and how she became the CEO of Binance US. We discuss how Binance US differs from Binance, who Binance US's target customers are, how Binance decides which coins to list, what's on Catherine's wish list to regulators, and whether Binance US will be connected to or cut off from the global, open financial system Binance is building. We also cover why Binance US launched with Tether as its stablecoin, why the company is also focusing on BUSD, how they became comfortable using BNB token on the exchange, whether or not they worry that BNB could be considered a security. Catherine talks about whether the company will offer leverage, lending, staking, etc., and where Binance US's future revenue could come from as exchange fees trend to zero. We also cover what Catherine has learned from working customer support for Binance US and and how she compares the US and Asian crypto markets. 

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com/unchained 

Kraken: https://www.kraken.com/

Crypto.com: http://crypto.com/

Episode links: 

Catherine Coley: https://twitter.com/cryptocoley

Binance US: https://www.binance.us/en 

Binance US on Twitter: https://twitter.com/BinanceAmerica

Binance US blog: https://www.binance.us/en/blog

Crypto Rating Council: https://www.coindesk.com/coinbase-led-crypto-ratings-council-draws-skepticism-from-legal-experts

Telegram notice about Grams and Ton: https://telegram.org/blog/ton-gram-notice 

CZ’s 2020 New Year’s message: https://www.binance.com/en/amp/blog/419417682154909696/Binance-2020-New-Year-Message-Building-Foundations-- 

Binance US joins Chamber of Commerce Executive Committee: https://www.binance.us/en/blog/419943835304939520/BinanceUS-Joins-the-Executive-Committee-of-the-Chamber-of-Digital-Commerce

Multicoin Capital report, Binance is Blitzscaling: https://multicoin.capital/2019/11/07/binance-is-blitzscaling/ 

Jan 14, 2020
Dragonfly Capital on Why Ethereum Is So Far in the Lead - Ep.153
01:10:24

Alex Pack, founding partner of Dragonfly Capital, and Haseeb Qureshi, Dragonfly managing partner, talk about why Dragonfly has a global focus, how they choose investments, and why they try to be as agnostic as possible about asset type. They also discuss why most protocols, including Bitcoin, still look like venture bets, why, at the moment, Bitcoin looks like a better investment than anything built on top of Bitcoin, and why Lightning hasn't yet taken off and why they think it won't. We also cover what the future holds  for Bitcoin. They explain what they think will happen in the smart contract platform race, why Ethereum is so far in the lead and whether anything will become an Ethereum killer. We also cover Libra, and how Libra affects their investments in stablecoins, why Xi Jinping's "blockchain, not crypto" emphasis is a dead end, whether blockchain-based identity is an investable area, what they think the killer app is or will be and their predictions for 2020. Also, Haseeb, a former professional poker player, describes how poker playing is similar to crypto trading.

Thank you to our sponsors! 

CipherTrace: https://ciphertrace.com/unchained 

Kraken: https://kraken.com/

Crypto.com: https://crypto.com/

Episode links: 

Alex Pack: https://twitter.com/alpackap

Haseeb Qureshi: https://twitter.com/hosseeb

Dragonfly Capital: https://www.dcp.capital/

Dragonfly Capital’s blog: https://medium.com/dragonfly-research

Forbes on Dragonfly Capital’s $100 million initial raise: https://www.forbes.com/sites/alexkonrad/2018/10/09/new-fund-dragonfly-bridges-china-us-crypto/#572aeb953c9a

Venture Beat story: https://venturebeat.com/2018/10/09/dragonfly-capital-partners-scoops-up-100-million-for-cryptocurrency-investments/

https://www.globenewswire.com/news-release/2018/10/09/1618445/0/en/Dragonfly-Capital-Partners-Unveils-100-Million-Inaugural-Fund-for-Cryptocurrencies-Bridges-Gap-between-East-and-West.html

DeFi cannibalizing POS security: https://medium.com/dragonfly-research/how-defi-cannibalizes-pos-security-84b146f00697

Mimblewimble blog post: https://medium.com/dragonfly-research/breaking-mimblewimble-privacy-model-84bcd67bfe52

Haseeb’s 2020 article on CoinDesk: https://www.coindesk.com/what-defi-needs-next-year-three-priorities

Jan 07, 2020
Unchained Year in Review: The Best of 2019 - Ep.152
01:07:25

In this Best of 2019 episode, I selected the clips that seemed most representative of what crypto was about this year, which I call, The Year Things Got Geopolitical. My only regret is that none of the clips about DAOs lent themselves well to this episode. However, years from now, after we’ve got global stablecoins pinging around the world at a high transactions-per-second rate, the crypto community has made peace with U.S. regulators, and more of our lives seems to take place in the borderless digital world, perhaps we'll find it ironic that DAOs were burbling up right around the same time.

Thank you to our sponsors! 

Kraken: https://www.kraken.com

Crypto.com: http://crypto.com/

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Unchained Interview with Vitalik Buterin: https://unchainedpodcast.com/vitalik-buterin-on-whether-or-not-ethereum-is-blowing-it/

Unchained Interview with Hester Peirce: https://unchainedpodcast.com/sec-commissioner-hester-peirce-come-talk-to-the-sec/

Unchained Interview with Ted Livingston: https://unchainedpodcast.com/kin-sets-up-5-million-defendcrypto-org-to-take-on-the-sec/

Unchained Interview with Glen Weyl and Santiago Siri: https://unchainedpodcast.com/how-blockchains-can-help-create-little-democracies-everywhere/

Unchained Interview with Christian Catalini: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Unchained Interview with Martin Chorzempa and Dovey Wan: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Unchained Interview with Emily Parker: https://unchainedpodcast.com/crypto-in-china-what-it-really-looks-like/

Unchained Interview with Sandra Ro: https://unchainedpodcast.com/sandra-ro-why-crypto-friendly-laws-are-coming-in-the-us/ 

Unchained Interview with Patrick McHenry: https://unchainedpodcast.com/congressman-patrick-mchenry-bitcoin-will-be-of-enormous-value/

Unchained Interview with David Andolfatto: https://unchainedpodcast.com/fed-economist-on-the-prospect-of-the-usd-losing-global-reserve-status-who-cares/

Unchained Interview with Yeonmi Park: https://unchainedpodcast.com/yeonmi-park-on-why-doing-business-with-north-korea-is-like-buying-a-ticket-to-a-concentration-camp/

Unchained Interview with Alex Gladstein: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-3-reasons-bitcoin-matters/

 

Dec 31, 2019
For Your Normie Friends: Answers to the Most Basic Crypto Questions - Ep.151
48:56

This fall, I had an idea to do a crypto show for my normie friends, and figured I’d release it over the holidays, when maybe my regular listeners would be with the very people in their lives who could benefit from such an episode.  I solicited questions from my own real-life friends, edited down the repeats and tried my best to make the explanations as simple as possible. I cover basic explanations of Bitcoin, blockchain and Ethereum, plus we go into questions around mining and electricity usage, and why anyone would use cryptocurrency. I hope this clears things up for some of your friends and family — and gets some of them to go down the crypto rabbit hole.

Thank you to our sponsors! 

Givewell: http://givewell.org/unchained

CipherTrace: http://ciphertrace.com/unchained 

Kraken: http://kraken.com

Crypto.com: http://crypto.com

Episode links: 

Previous beginner episodes: 

Crypto 101: https://unchainedpodcast.com/crypto-101-everything-you-need-to-know-about-bitcoin-ethereum-blockchains-icos-and-more/

How to Explain Cryptocurrencies and Blockchain to the Average Person: https://unchainedpodcast.com/how-to-explain-cryptocurrencies-and-blockchains-to-the-average-person/

Interviews with Vitalik Buterin: 2017: https://unchainedpodcast.com/vitalik-buterin-creator-of-ethereum-on-the-big-guy-vs-the-little-guy/

2019: https://unchainedpodcast.com/vitalik-buterin-on-whether-or-not-ethereum-is-blowing-it/

Episode with Wences Casares: https://unchainedpodcast.com/xapos-wences-casares-on-how-bitcoin-makes-a-fairer-world/

Lolli: https://unchainedpodcast.com/how-to-get-7-of-your-purchases-back-in-bitcoin/

Cryptocurrency to evade surveillance: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-3-reasons-bitcoin-matters/

KHmap.live interview: https://unchainedpodcast.com/an-interview-with-the-anonymous-developer-of-hkmap-live/

North Korea's interest in cryptocurrency: https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/

Bitwise: https://unchainedpodcast.com/bitwises-latest-plans-to-get-a-bitcoin-etf-approved/

Dec 24, 2019
Why North Korea Is Interested in Cryptocurrency - Ep.150
01:03:43

Priscilla Moriuchi, director of strategic threat development at Recorded Future and non-resident fellow at Harvard Kennedy School, explains North Korean usage of the internet and how it has changed over time, how it is reserved only for the few most senior people in the regime, and what the mobile devices of the other 25 million citizens connects to, and who is watching the activity on those devices. She also describes the various ways North Korea has shown an interest in cryptocurrency, how it's been determined that North Korea is engaging in those activities, such as cryptocurrency exchange hacks and malware, and its seeming interest in Monero. We also discuss how they convert crypto to fiat, and how well the government seems to have connected its cryptocurrency activities with its other real-world criminal networks used for other activities such as smuggling, drugs and counterfeiting cigarettes and US dollars. We also talk about which North Koreans have been trained to carry out such attacks and how and why they carry them out abroad rather than in North Korea. She also covers why Ethereum researcher Virgil Griffith's visit to North Korea, even if he were dispensing "public" information, would have been helpful in a country where everyone but a tiny elite is denied access to the internet.

Thank you to our sponsors! 

Givewell: http://givewell.org/unchained

CipherTrace: http://ciphertrace.com/unchained

Kraken: https://www.kraken.com

Crypto.com: http://crypto.com

Episode links: 

Priscilla Moriuchi: https://www.linkedin.com/in/priscilla-moriuchi-410297127/ 

Recorded Future: https://www.recordedfuture.com

Recorded Future on North Korea’s internet activity: https://www.recordedfuture.com/north-korea-internet-activity/

Full report: https://go.recordedfuture.com/hubfs/reports/north-korea-activity.pdf

Recorded Future report on North Korea’s interest in cryptocurrency: https://www.recordedfuture.com/north-korea-cryptocurrency/

Full report: North Korea targeting South Korean cryptocurrency exchanges: https://www.recordedfuture.com/north-korea-cryptocurrency-campaign/

Full report: https://go.recordedfuture.com/hubfs/reports/cta-2018-0116.pdf 

Podcast: https://www.stitcher.com/podcast/recorded-future-inside-threat-intelligence/e/52982550

Priscilla on why Virgil’s attendance at a blockchain conference in North Korea was helpful to the regime: https://www.businessinsider.com/north-korea-virgil-griffith-cryptocurrencies-bad-idea-analyst-2019-12

Priscilla on how North Korea uses cryptocurrencies to evade sanctions: https://www.vox.com/world/2018/2/28/17055762/north-korea-sanctions-bitcoin-nuclear-weapons

North Korea’s interest in Monero: https://www.wsj.com/articles/in-north-korea-hackers-mine-cryptocurrency-abroad-1515420004

North Korea’s plan to build its own version of the Petro, I mean, Bitcoin: https://www.vice.com/en_us/article/9ke3ae/north-korea-is-building-its-own-bitcoin 

DOJ Complaint against Virgil: https://www.justice.gov/usao-sdny/press-release/file/1222646/download

Virgil’s Facebook post inviting others to North Korea: https://www.facebook.com/virgil.gr/posts/10112756681859159

Dec 17, 2019
Yeonmi Park on Why Doing Business With North Korea Is Like Buying a Ticket to a Concentration Camp - Ep.149
01:15:52

In light of the questions around whether or not Virgil Griffith's talk at a blockchain conference in Pyongyang could have helped everyday North Koreans, Yeonmi Park, a North Korean defector, human rights activist, board member of the Human Rights Foundation and author of “In Order to Live, A North Korean Girl's Journey to Freedom,” talks to Unchained. She tells us about her life growing up in North Korea, how she thought the "dear leader" could read her thoughts, why freedom of thought is not allowed in North Korea, and how a South Korean had to teach her that Kim Jong Il was fat and not starving for the North Koreans, as she had been taught. She talks about what happened after her father was sent to a prison camp for selling copper, silver and nickel, how three generations of her family were then tainted and put in the "hostile" class of the caste system, and how watching the movie Titanic introduced her to the concept of romantic love. She tells the story of how, because of hunger, she fled to China — right into the hands of human traffickers, but decided to stay because of what trash cans in China signified to her, and describes the first time she heard the word "free." She also covers the difficulty of her transition to freedom and how reading George Orwell's Animal Farm was a turning point for her. 

We discuss why the strategy for liberating North Korea is mostly about getting outside information in, who benefits from tours to North Korea and why lifting sanctions would only help the regime. She also explains why the only people who would have benefited from Griffith's talk would have been North Korean elite, and how any actions in line with what the dictator wants help him maintain power. She says the best ways to improve the situation in North Korea are to boost awareness of what is happening, empower the people there by getting outside information in and helping during the rescue, as 300,000 defectors, most of them women and girls living as sexual slaves, are hiding in China. 

Thank you to our sponsors! 

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Crypto.com: https://crypto.com/

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Episode links: 

Yeonmi Park: https://yeonmi.com/

Yeonmi Park on Twitter: https://twitter.com/YeonmiParkNK

Facebook: https://www.facebook.com/OfficialYeonmiPark/

Instagram: https://www.instagram.com/yeonmi_park/

YouTube: https://www.youtube.com/channel/UCpQu57KgT7gOoLCAu3FFQsA

Human Rights Foundation: https://hrf.org/

In Order to Live: https://www.penguinrandomhouse.com/books/318940/in-order-to-live-by-yeonmi-park-with-maryanne-vollers/

One of the first speeches by Yeonmi that went viral: https://www.youtube.com/watch?v=Ei-gGvLWOZI

Yeonmi's TED talk: https://www.ted.com/talks/yeonmi_park_what_i_learned_about_freedom_after_escaping_north_korea

New York Times video op-ed with Yeonmi's message for President Trump: https://www.nytimes.com/2018/06/11/opinion/north-korea-trump-kim-human-rights.html

DOJ complaint against Virgil Griffith: https://www.justice.gov/usao-sdny/pr/manhattan-us-attorney-announces-arrest-united-states-citizen-assisting-north-korea

Economist video on the efforts to get outside information into North Korea: https://www.youtube.com/watch?v=XVRQpfXGQyc&app=desktop

Guardian article on North Korean defector activist groups attempting to get outside information into North Korea: https://amp.theguardian.com/global/2016/aug/27/north-korea-defectors-ian-birrell

Wired article on getting outside information in: https://www.wired.com/2015/03/north-korea/

The story of Otto Warmbier: https://www.gq.com/story/otto-warmbier-north-korea-american-hostage-true-story

South Korean woman shot for crossing line at a resort in North Korea: https://www.theguardian.com/world/2008/jul/12/korea

Unchained interview with Alex Gladstein of the Human Rights Foundation: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-3-reasons-bitcoin-matters/

Unconfirmed interview with Alex Gladstein: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-first-crypto-war-ep-021/

Dec 10, 2019
How Synthetix Became the Second-Largest DeFi Platform - Ep.148
01:01:42

Kain Warwick, founder of Synthetix, talks about synthetic asset issuance platform, which enables people to create tokens that track the price of assets in traditional and crypto finance. We discuss the various types of assets available, why changing the monetary policy helped the ecosystem take off, why people would buy synthetic Bitcoin over Bitcoin itself, and why Uniswap has been pivotal to Synthetix's success. He covers the role the SNX token plays, why people minting synths must be over-collateralized by about 700%, and some of the changes coming down the pike, including futures, tweaks to the inflation rate, and a new oracle system. He also explains what happened when a trader made the system insolvent — and how they negotiated with the trader to keep it alive — how he thinks about decentralization and why the system's governance might one day be handled by a DAO.

Thank you to our sponsors! 

GiveWell: http://givewell.org/unchained

Kraken: https://kraken.com/

CipherTrace: http://ciphertrace.com/unchained

Crypto.com: http://crypto.com/

Episode links: 

Synthetix: https://www.synthetix.io/

Synthetix on Twitter: https://twitter.com/synthetix_io

Kain Warwick: https://twitter.com/kaiynne

Havven transforming into Synthetix: https://blog.havven.io/havven-is-transforming-into-synthetix-2fdf727b8892

Synthetix overview: https://blog.havven.io/synthetix-overview-f4a5a6c41210

How Synthetix works: https://www.synthetix.io/how-it-works/

Synthetix lite paper: https://www.synthetix.io/uploads/synthetix_litepaper.pdf

Changing monetary policy: https://blog.synthetix.io/synthetix-monetary-policy-changes/

Oracle hack: https://www.coindesk.com/synthetix-trader-rolls-back-broken-trades-that-netted-1-billion-profit

Synthetix response to oracle incident: https://blog.synthetix.io/response-to-oracle-incident/

How staking works on Synthetix:  https://www.stakingrewards.com/asset/synthetix-network-token

https://help.synthetix.io/hc/en-us/articles/360020245314-How-can-I-earn-Synth-exchange-rewards-

Reddit complaint by trader who initially made the system insolvent: https://www.reddit.com/r/ethereum/comments/d4edxm/the_synthetix_dapp_deleted_my_balance/

Efforts to resolve the front running problem: https://sips.synthetix.io/sips/sip-6

Synthetix and Chainlink: https://blog.synthetix.io/synthetix-and-chainlink/

Kain’s tweets on the censorship vector stack: https://twitter.com/kaiynne/status/1197265019169169409?s=20

https://twitter.com/kaiynne/status/1197265044204998656?s=20

Unconfirmed episode on Uniswap: https://unchainedpodcast.com/how-uniswap-quickly-became-one-of-the-most-popular-dexes/

Defiant interview: https://thedefiant.substack.com/p/theres-a-pipeline-of-etf-like-tokens

Dec 03, 2019
Why CoinMarketCap Launched Its Liquidity Metric - Ep.147
01:09:32

Carylyne Chan, chief strategy officer at CoinMarketCap, and Gerald Chee, head of research, discuss the history of CoinMarketCap, why the founder Brandon Chez initially focused on circulating supply to calculate market cap, how the ICO craze has changed the way CoinMarketCap defines circulating supply and how the kimchee premium on the Bitcoin price in Korea at the end of 2017 is influencing the future direction of the website. We cover why CoinMarketCap is branching out into other areas such as metrics, blockchain explorers, hosting conferences and more, how the site has made money historically, the demographics, geographical distribution and behaviors of users on the site, and how CoinMarketCap's web traffic is 90% correlated to the Bitcoin price. We talk about the fake volume problem, how CoinMarketCap decided to address it with a new liquidity metric, the new Data Accountability and Transparency Alliance they formed, and why they are working with some of the exchanges identified by Bitwise as being the most egregious in faking volumes, and how those exchanges fare when it comes to CMC's new liquidity metric. We also cover some of the other ways companies have tried to address the fake volume issue, how CoinMarketCap tries to identify the "true price" for any cryptocurrency (and why USDT makes this hard), and what the circulating supply of Ripple should be.

Thank you to our sponsors! 

Kraken: https://kraken.com/

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Crypto.com: http://crypto.com/

Episode links: 

CoinMarketCap: https://coinmarketcap.com/

Twitter: https://twitter.com/CoinMarketCap

Carylyne Chan: https://twitter.com/carylyne

Gerald Chee: https://www.linkedin.com/in/gerald-chee-8340a0161/

History of CoinMarketCap: https://blog.coinmarketcap.com/2019/05/01/happy-6th-birthday-data-alliance-block-explorers-and-more/

Incident in which CoinMarketCap shaved $100 billion off the total market cap of crypto assets when Chez decided to remove South Korean exchanges from its calculations: https://www.wsj.com/articles/the-programmer-at-the-center-of-a-100-billion-crypto-storm-1516708800  

CoinMarketCap's new interest for crypto loans  page: https://www.theblockcrypto.com/post/43460/coinmarketcap-now-publishes-interest-rates-on-cryptocurrencies-allowing-users-to-compare-and-choose

Bitwise report on fake trading volume: https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf

The 10 exchanges Bitwise says have real volume: https://www.bitcointradevolume.com/

CryptoCompare Q3 Exchange Benchmark Report: https://www.cryptocompare.com/media/36569367/cryptocompare_exchange_benchmark_2019_11pdf.pdf

DATA: https://coinmarketcap.com/data-transparency-alliance/ 

Messari benchmarks: https://messari.substack.com/p/more-reliable-cryptoasset-benchmarks

Messari report on Ripple’s “circulating supply”: https://messari.io/article/messari-research-ripple-s-market-cap-is-likely-overstated-by-6-1-billion

Ripple’s response to Messari report: https://www.coindesk.com/xrp-market-cap-may-be-overstated-by-billions-messari-report-estimates

Nov 26, 2019
Why China Aims to Replace Cash With the Digital Yuan - Ep.146
01:11:38

Martin Chorzempa, research fellow the Peterson Institute, and Dovey Wan, founding partner at Primitive Ventures, discuss China's new blockchain push and the forthcoming DCEP. They cover how the blockchain initiative is part of an effort to set global blockchain standards, how it fits into the larger U.S.-China trade war as well as the threat from Facebook's Libra, and why part of the motivation behind the DCEP may stem from the shadow banking system in China. They also talk about how the DCEP might work, why it aims to be like cash, and ways in which a successful digital currency could be used to help internationalize the renminbi, but why other countries will likely still resist becoming more dependent on China's currency. We also explore what "controlled anonymity" will look like in the DCEP, why it might actually be preferable to transacting via WeChat Pay or Alipay and whether or not Chinese people will become interested in Bitcoin due to this exposure to blockchain technology.

Thank you to our sponsors! 

Kraken: https://kraken.com/

Crypto.com: https://crypto.com/

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Martin Chorzempa: https://www.piie.com/experts/senior-research-staff/martin-chorzempa

https://twitter.com/ChorzempaMartin

Dovey Wan: https://twitter.com/DoveyWan

Xi Jinping’s speech: https://www.coindesk.com/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain

Cryptography law: https://www.coindesk.com/chinas-congress-passes-cryptography-law-effective-jan-1-2020 

China’s 500 enterprise blockchain projects: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects

Changchun Mu, the deputy director of the payment and settlement department of the PBOC, on how DC/EP aims to replace the M0 money supply (banknotes and coins): http://www.cf40.org.cn/uploads/newsletter/20190803.pdf

Dovey’s article on how the digital yuan will affect the M0 money supply: https://www.coindesk.com/digital-renminbi-a-fiat-coin-to-make-m0-great-again

China’s already very digital economy: https://www.piie.com/blogs/realtime-economic-issues-watch/who-likes-facebooks-libra-currency-not-chinese

Reaction of Chinese dissident to China’s blockchain push: https://www.coindesk.com/bitcoin-dissident-sees-dark-warnings-in-chinas-blockchain-push

Unconfirmed interview with Alex Gladstein of the Human Rights Foundation: https://unchainedpodcast.com/why-the-digital-yuan-could-one-day-be-seen-as-a-blunder/

The commercial entities involved in helping to release the DCEP: https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency/#95e9d351a516

How they will be involved: https://twitter.com/DoveyWan/status/1191807688570626048?s=20

”Controlled anonymity“: https://twitter.com/ChorzempaMartin/status/1162071943568338944?s=20

Problems that could arise with the DCEP: https://www.scmp.com/economy/china-economy/article/3035797/blockchain-endorsement-chinas-xi-jinping-could-lead-fraud-and

People with poor social credit banned from buying plane and train tickets: https://www.theguardian.com/world/2019/mar/01/china-bans-23m-discredited-citizens-from-buying-travel-tickets-social-credit-system

The FT on why China’s currency will not replace the USD: https://ftalphaville.ft.com/2018/09/19/1537329600000/China-s-currency-will-not-replace-the-US-dollar/ 

2000 speech by Bill Clinton: https://archive.nytimes.com/www.nytimes.com/library/world/asia/030900clinton-china-text.html?mcubz=2&module=inline

Change in plans to eliminate the Bitcoin mining industry: https://www.coindesk.com/sichuan-should-work-to-remain-attractive-to-crypto-mining-policy-advisor

Nov 19, 2019
Christopher Giancarlo on the Craziness of Becoming 'Crypto Dad' - Ep.145
01:04:13

Former CFTC chairman Christopher Giancarlo talks about how his experience of the financial crisis piqued his interest in blockchain technology, why the CFTC thought the introduction of Bitcoin futures would help pop the 2017 Bitcoin bubble, and how "there's no simple answer" to explain when a token goes from being a security to a commodity. He discusses why he believes there needs to be a "refresh" of regulations written decades ago that are difficult to apply in a digital world, why he thinks Libra represents a fundamental generational change and why he thinks the project should be allowed to go forward. We also cover the Chinese digital yuan, why the USD should not assume that its global dominance today will translate into global dominance tomorrow, and his own proposal for a digital dollar, which he dubs "Zelle + JPMorgan Coin." Plus, he gives the behind-the-scenes look at why he decided to speak "as a dad" in the Congressional hearing that made him an overnight crypto celebrity.

Thank you to our sponsors! 

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CipherTrace: http://ciphertrace.com/unchained

Crypto.com: http://crypto.com

Episode links: 

Christopher Giancarlo: https://twitter.com/giancarloMKTS 

https://www.cftc.gov/About/Commissioners/JChristopherGiancarlo/index.htm

CFTC: https://www.cftc.gov/

Chamber of Digital Commerce: https://digitalchamber.org/

Let the technology evolve before regulating/CFTC is behind on regulating: https://www.coindesk.com/cftc-chair-says-regulator-is-behind-on-blockchain

Popping the Bitcoin bubble: https://www.coindesk.com/trump-administration-popped-2017-bitcoin-bubble-ex-cftc-chair-says 

Talks with Facebook pre-Libra launch: https://www.coindesk.com/facebook-holds-talks-with-cftc-over-globalcoin-cryptocurrency-report

The introduction of Bitcoin futures helping to pop the crypto bubble: https://www.frbsf.org/economic-research/publications/economic-letter/2018/may/how-futures-trading-changed-bitcoin-prices/

Wall Street Journal op-ed proposing a digital dollar: https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923

Initial confusion over LedgerX not receiving approval or disapproval within 180 days to launch Bitcoin futures: https://www.coindesk.com/what-happened-why-the-first-us-physical-bitcoin-futures-contracts-havent-launched

CoinDesk article with emails from LedgerX on CFTC dispute: https://www.coindesk.com/ledgerx-claims-personal-animus-drove-ex-cftc-chair-to-stall-approvals

Commodity Exchange Act: https://legcounsel.house.gov/Comps/Commodity%20Exchange%20Act.pdf

Emails sent from LedgerX to the CFTC:  https://static.coindesk.com/wp-content/uploads/2019/09/19-00104-FOIA-Records.pdf

Paul Chou’s blog post summarizing what happened: https://blog.ledgerx.com/let-me-set-the-record-straight/

More context from Noelle Acheson on the dispute: https://www.coindesk.com/derivatives-drama-the-unintended-consequences-of-crypto-regulation

Nov 12, 2019
A Libra Co-Creator on How Facebook Will Make Money From Calibra - Ep.144
01:09:09

Christian Catalini, co-creator of Libra and chief economist at Calibra, explains why Facebook made the design choices it made for Libra, reveals whether the team was prepared for the regulatory blowback it received after publishing the white paper, and talks about what it means for Libra now that nearly all the initial payment company members have left the Association. He describes how Facebook defined stability for Libra, whether the Chinese renminbi could ever be added to the reserve the way it is part of the IMF special drawing rights basket, and if so, what the Libra or Calibra would do if the Chinese government tried to censor individuals or transactions in the system. We also cover the tension between the desire to have strong know-your-customer and anti-money laundering processes on the platform but then also to bank the unbanked, who often don't have strong government identification. We also discuss how Facebook will make money from Calibra, what it would take for Facebook to let the Libra Association go forward without it, and why Facebook, which not too long ago was trying to woo China to enter the Chinese market, now says it is the best counterweight to a Chinese digital yuan. Plus, he answers how Facebook and Calibra will handle privacy. 

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com/

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Christian Catalini: https://twitter.com/ccatalini

Libra: https://libra.org/en-US/

Calibra: https://calibra.com/

Libra white paper: https://libra.org/en-US/wp-content/uploads/sites/23/2019/06/LibraWhitePaper_en_US.pdf

Letters to payment companies from Congress: https://www.schatz.senate.gov/imo/media/doc/Signed%20Letters%20re%20Libra%20to%20Patrick%20Collison,%20Ajaypal%20Banga,%20and%20Alfred%20Kelly.pdf

Mark Zuckerberg's testimony in front of Congress: https://www.c-span.org/video/?465293-1/facebook-ceo-testimony-house-financial-services-committee

Reported breakdown of the Libra reserve: https://www.reuters.com/article/us-facebook-libra-basket/u-s-dollar-to-be-main-currency-underpinning-facebooks-libra-spiegel-idUSKBN1W522K

Calibra — can send money at low to no cost: https://newsroom.fb.com/news/2019/06/coming-in-2020-calibra/

Chargebacks in Libra: https://www.theverge.com/2019/6/18/18682838/facebook-digital-wallet-calibra-libra-cryptocurrency-kevin-weil-david-marcus-interview

Asian central banks not too open to Libra: https://www.bloomberg.com/opinion/articles/2019-10-22/facebook-scaling-back-libra-will-please-asian-central-banks

Unconfirmed interview about UN work with blockchain-based vouchers: https://unchainedpodcast.com/the-un-world-food-programmes-blockchain-based-food-vouchers-for-syrian-refugees-with-robert-opp/

Nov 05, 2019
Bitwise's Latest Plans to Get a Bitcoin ETF Approved - Ep.143
01:05:48

Hunter Horsley, cofounder and CEO of Bitwise Asset Management, and Matt Hougan, global head of research at Bitwise, describe their vision for Bitwise, its current funds and indices, as well as how it handles things like forks and airdrops. Then they give their reaction to and interpretation of the SEC disapproval of their Bitcoin ETF proposal, as well as what their focus will be now to try to get a Bitcoin ETF approved. We also discuss their general thesis around how the crypto space will develop, whether or not indices and funds around the top 100 assets will ever make sense, their ideas on how to value these networks and whether or not the company would ever try to compete in the DeFi space. Plus, don't miss our conversation on Bitcoin IRAs. 

Thank you to our sponsors! 

Crypto.com: http://crypto.com/

Kraken: https://kraken.com

CipherTrace: https://ciphertrace.com/unchained

Episode links: 

Bitwise: https://www.bitwiseinvestments.com/

Hunter Horsley: https://twitter.com/HHorsley

Matt Hougan: https://twitter.com/Matt_Hougan

Unchained interview with Spencer Bogart: https://unchainedpodcast.com/spencer-bogart-on-the-20-trillion-in-store-of-value-assets/

Bitwise 10 Private Fund fact sheet: https://static.bitwiseinvestments.com/FactSheet/bitwise10/Bitwise-10-Private-Index-Fund-Investor-Class-Fact-Sheet.pdf 

Bitwise 10 Offshore Index Fund: https://static.bitwiseinvestments.com/FactSheet/bitwise10-offshore/Bitwise-10-Index-Offshore-Fund-Investor-Fact-Sheet.pdf

Grayscale Bitcoin Investment Trust: https://grayscale.co/bitcoin-trust/

Bitwise Ethereum Fund: https://static.bitwiseinvestments.com/FactSheet/ethereumFund/Bitwise-Ethereum-Fund-Investor-Class-Fact-Sheet.pdf 

SEC order disapproving the Bitwise Bitcoin ETF proposal: https://www.sec.gov/rules/sro/nysearca/2019/34-87267.pdf

Matt on CNBC discussing the Bitcoin ETF proposal: https://twitter.com/CNBC/status/1181309471349526530?s=20

Bitstamp/BitMEX trading manipulation: https://twitter.com/DoveyWan/status/1129246233917382656

Jake Chervinsky’s tweet about how the SEC is unlikely to approve a Bitcoin ETF under Chair Jay Clayton: https://twitter.com/jchervinsky/status/1182149164177608704?s=20 

Unchained interview with Jake: https://unchainedpodcast.com/all-things-crypto-regulation-with-jake-chervinsky/

SEC commissioner Hester Peirce’s dissent to the disapproval of the Winklevoss Bitcoin ETF: https://www.sec.gov/news/public-statement/peirce-dissent-34-83723

Van Eck’s withdrawal of the Bitcoin ETF proposal: https://www.coindesk.com/vaneck-solidx-withdraw-bitcoin-etf-proposal-from-sec-review

Chris Burniske on how to value these networks: https://unchainedpodcast.com/how-to-value-a-crypto-asset/

Oct 29, 2019
Congressman Patrick McHenry: 'Bitcoin Will Be of Enormous Value' - Ep.142
31:07

Congressman Patrick McHenry, or 'Mr. Fintech' to his peers in the House, is announcing the reintroduction of the Financial Services Innovation Act, a bill that would create what he calls "permanent beta testing," or many jurisdictions call "regulatory sandboxes," in which entrepreneurs can apply for regulatory approval to conduct innovative experiments. The bill is intended to get regulators into a position where their default leans more toward yes than no. He describes how this would affect teams that want to conduct ICOs, how it would square with the phenomenon of some token teams trying to raise through Reg A+, and whether it would allow exchanges without BitLicenses to operate in New York. He also discusses what type of digital currency he believes is best suited to compete against a Chinese digital yuan, and says the government is currently looking into whether or not the Federal Reserve has the authority to issue a digital dollar.

Thank you to our sponsors! 

CipherTrace: http://ciphertrace.com/unchained

Crypto.com: https://crypto.com

Kraken: https://www.kraken.com

Episode links: 

Congressman McHenry: https://mchenry.house.gov/

On Twitter: https://twitter.com/PatrickMcHenry

The House Libra hearings from July 2019: https://www.youtube.com/watch?v=9-ZTkCNW0w8

Financial Services Innovation Act explainer: https://www.alta.org/file.cfm?name=McHenry-Bill-Explainer

Introduction of the bill in 2016: https://www.wsj.com/articles/u-s-house-bill-aims-to-set-up-sandbox-for-fintech-innovation-1474539893

https://www.natlawreview.com/article/financial-services-innovation-act-us-wants-sandbox-too

Congressman McHenry’s interest in fintech: https://www.politico.com/agenda/story/2016/09/patrick-henry-mr-fintech-interview-000214

CNBC article on how Libra is being slowed by regulation while China’s central bank digital currency speeds ahead: https://www.cnbc.com/2019/10/15/china-races-to-launch-a-cryptocurrency-that-could-rival-facebooks.html

Fortune article: https://fortune.com/2019/10/16/if-libra-fails-china-wins-the-ledger/

Oct 22, 2019
Think a DAO Will Automate Things? Think Again - Ep.141
01:07:58

Mariano Conti, the head of smart contracts for MakerDAO and creator of SelloutDAO, and Peter Pan, the summoner for Metacartel DAO, discuss all things DAOs, including how Peter started Metacartel DAO after being rejected from MolochDAO, and why Mariano initially voted against Peter joining. (Peter eventually joined.) They also discuss how they came to form YangDAO, why Mariano almost rage quit MolochDAO after the YangDAO formed, and how other MolochDAO members felt about SelloutDAO, which Mariano describes as an experiment in "on-chain corruption." We discuss how DAOs are actually heavily built on trust and why they require a lot of social coordination off-chain. They also discuss funding for LAOs, which have a legal entity such as an LLC affiliated with them, why Metacartel is launching a LAO, and which types of projects should be funded by DAOs vs traditional corporate structures. We also cover governance issues at MakerDAO, why it has a CEO, and what role leadership in general plays in a DAO. 

Thank you to our sponsors! 

Crypto.com: https://crypto.com/

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Mariano Conti: https://twitter.com/nanexcool

Peter Pan: https://twitter.com/pet3rpan_

MakerDAO: https://makerdao.com/en/

https://chat.makerdao.com

Metacartel DAO: https://www.metacartel.org/

https://twitter.com/meta_cartel

SelloutDAO: https://selloutdao.com/

Unchained interview with Ameen Soleimani of MolochDAO: https://unchainedpodcast.com/molochdao-could-this-decentralized-autonomous-organization-help-ethereum-scale-faster/

Unchained interview with Santiago Siri: https://unchainedpodcast.com/how-blockchains-can-help-create-little-democracies-everywhere/

DAO Revival: https://www.coindesk.com/in-berlin-a-dao-renaissance-begins

https://www.bloomberg.com/news/features/2019-10-05/crypto-rebels-trip-over-each-other-en-route-to-financial-utopia

Andy Milenius’s account of MakerDAO’s change from a decentralized to a centralized project: https://www.scribd.com/document/407743542/Zandy-s-Story

CoinDesk story on the rift: https://www.coindesk.com/darkest-days-yet-purple-pill-tell-all-details-years-long-rift-at-heart-of-makerdao-stablecoin-project

Two most recent MakerDAO votes:  https://vote.makerdao.com/executive-proposal/keep-the-stability-fee-set-to-a-total-of-105-per-year

https://vote.makerdao.com/executive-proposal/lower-the-stability-fee-by-2-to-a-total-of-85-per-year

https://vote.makerdao.com/polling-proposal/qmpem83sxjjwe1jvn2csdtetn4r3j95ejuzpbmtxef4lu5

Unchained interviews with Rune Christensen of MakerDAO: Part 1: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-1-how-to-keep-a-crypto-collateralized-stablecoin-afloat/

Part 2: https://unchainedpodcast.com/rune-christensen-of-makerdao-part-2-how-dai-stayed-at-1-while-eth-crashed-from-1400-to-85/

MakerDAO vulnerabilities: 

ETH could have been stolen: https://hackerone.com/reports/684092

https://thenextweb.com/hardfork/2019/10/03/makerdao-security-vulnerability-ethereum-dai-stablecoin-collapse-theft-cryptocurrency/ 

The LAO: https://medium.com/openlawofficial/the-lao-a-for-profit-limited-liability-autonomous-organization-9eae89c9669c

Critique of the LAO: https://prestonbyrne.com/2019/09/03/the-lao-demystified/

MakerDAO launching multi-collateral Dai: https://www.coindesk.com/makerdaos-multi-collateral-dai-token-is-launching-nov-18

https://blog.makerdao.com/breaking-launch-date-of-multi-collateral-dai-announced-at-devcon-5/

Are DAO’s legal? https://www.coindesk.com/new-interest-in-daos-prompts-old-question-are-they-legal

Unconfirmed interview with Uniswap: https://unchainedpodcast.com/how-uniswap-quickly-became-one-of-the-most-popular-dexes/

Unconfirmed episode with Ryan Zurrer about resurrecting the DAO: https://unchainedpodcast.com/why-ryan-zurrer-would-like-to-see-a-new-dao/

Unchained interview with Aragon: https://unchainedpodcast.com/how-aragon-hopes-to-improve-on-democracy/

Oct 15, 2019
Fed Economist on the Prospect of the USD Losing Global Reserve Status: 'Who Cares?' - Ep.140
01:02:25

David Andolfatto, senior vice president at the Federal Reserve Bank of St. Louis, gives his thoughts on Facebook's Libra, including why regulatory issues will make it hard to compete with the US dollar, and why Bitcoin wouldn't have such issues. He also says, "who cares?" about the US dollar losing global reserve status, pointing out that many prosperous countries have currencies that don't function as global reserves. He tells us how he would design a central bank digital currency, and why, even if central banks enabled citizens to open accounts with them, thus bypassing commercial banks, it wouldn't drive banks out of business. We also cover how that could affect fractional reserve banking and credit creation, the People's Bank of China's soon-to-be-issued digital yuan, and why blockchains haven't yet substantially helped the unbanked, as they were originally touted to do.

Thank you to our sponsors! 

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Crypto.com https://crypto.com

Episode links: 

St. Louis Federal Reserve: https://www.stlouisfed.org

David Andolfatto: https://research.stlouisfed.org/econ/andolfatto/sel/

David's blog: http://andolfatto.blogspot.com

Letter from House Reps to Fed Chair Jerome Powell: https://static.coindesk.com/wp-content/uploads/2019/10/Foster-Hill-US-Crypto.pdf

Talk on blockchain, cryptocurrency and central banks: https://www.stlouisfed.org/dialogue-with-the-fed/blockchain

https://www.stlouisfed.org/~/media/files/pdfs/dwtf/blockchain_082918.pdf?la=en

Blog post on cost efficiency of a centrally managed ledger: http://andolfatto.blogspot.com/2017/12/fedcoin-and-blockchain.html?spref=tw

David’s paper on the impact of central bank digital currency private banks: https://s3.amazonaws.com/real.stlouisfed.org/wp/2018/2018-026.pdf

Raskin and Yermack paper: https://ccl.yale.edu/sites/default/files/files/Raskin_Max_and_Yermack_David_The%20Future%20of%20Central%20Banking.pdf

David on FedCoin: http://andolfatto.blogspot.com/2015/02/fedcoin-on-desirability-of-government.html 

Philadelphia Federal Reserve banker Patrick Harker on a G20 CBDC being inevitable: https://www.reuters.com/article/us-usa-fed-harker-digital/feds-harker-digital-central-bank-currency-inevitable-idUSKBN1WH1L4

Related Unchained interview: Dong He and Yan Liu on central bank digital currencies: https://unchainedpodcast.com/the-imf-on-how-to-design-central-bank-digital-currencies/

Oct 08, 2019
Crypto in China: What It Really Looks Like - Ep.139
01:00:59

Emily Parker, cofounder of Longhash, describes what the company, which has an Asia-focused incubator and data media site does, how she ended up launching an Asia-focused company, why she’s seeing US crypto teams and ICOs going to Singapore, why the Chinese government cracked down on crypto, and what misconceptions she sees about crypto in China. She explains how the Chinese still trade Bitcoin and cryptocurrencies despite the ban, why Tether plays a big role, how the China ban has affected crypto entrepreneurship and how the upcoming People's Bank of China digital currency could impact crypto. We also discuss how the attitude toward crypto has changed in Japan over time, why so many crypto teams are settling in Singapore, and whether or not the philosophies of censorship-resistance or decentralization resonate in China. 

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Longhash: LongHash.com

Longhash's Twitter: https://twitter.com/longhashdata

Emily Parker: Emilyparkerwrites.com

Emily Parker on Twitter: https://twitter.com/emilydparker

Emily Parker on LinkedIn: https://www.linkedin.com/in/emily-parker-738034142/

Longhash's incubator: https://incubator.longhash.com

BTC trading by US EST and PST vs. China: https://www.longhash.com/news/american-traders-lead-on-bitcoin-rally-while-asian-traders-not-so-bullish

Bitcoin metrics on Longhash: https://www.longhash.com/livecharts/bitcoin-social-metrics

Emily's interview with SEC commissioner Hester Peirce: https://www.longhash.com/news/in-cryptocurrency-will-asia-surpass-the-us-exclusive-interview-with-sec-commissioner-hester-peirce

Unchained interview with commissioner Peirce: https://unchainedpodcast.com/sec-commissioner-hester-peirce-come-talk-to-the-sec/

Longhash article showing more ICOs in Singapore than in US in Q1 2018: https://www.longhash.com/news/how-singapore-became-asias-ico-hub

Longhash's graphic showing money transmitter laws in the US: https://www.longhash.com/news/is-cryptocurrency-money-depends-on-your-state

Longhash on ICOs fleeing the US: https://www.longhash.com/news/after-years-of-regulatory-uncertainty-icos-are-fleeing-the-united-states

Unchained interview with Primitive Ventures: https://unchainedpodcast.com/asia-edition-mining-a-crypto-yuan-and-the-two-main-reasons-the-chinese-are-interested-in-crypto-ep-102/

Unchained interview with Da Hongfei and Patrick Dai (not Lai!): https://unchainedpodcast.com/from-blockchains-to-mooncakes-two-chinese-crypto-founders-on-the-ico-and-bitcoin-exchanges-ban/

Unchained interview with CZ of Binance: https://unchainedpodcast.com/how-binance-became-the-most-popular-crypto-exchange-in-5-months-ep-84/

Emily's interview with Coincheck's president: https://www.longhash.com/news/lessons-from-the-largest-crypto-hack-in-history-exclusive-interview-with-coincheck-president-toshihiko-katsuya

Longhash deck of cards of crypto players: https://www.longhash.com/news/fiftyfour-players-in-the-blockchain-industry-transformed-into-a-real-deck-of-cards

Oct 01, 2019
Spencer Bogart on the $20 Trillion in Store-of-Value Assets - Ep.138
01:06:50

Spencer Bogart, general partner at Blockchain Capital, the first VC firm to tokenize one of its funds, talks about how well offering tokenized shares has worked out, why it didn't do so for the following fund, the appeal of security tokens generally and what advantages tokenized securities offer over non-blockchain platforms like Second Market, in which investors can trade shares in private companies. He also explains what entrepreneurs are looking for from VCs now that they have more ways to raise from the crowd, how Blockchain Capital decides between investing in equity vs. tokens when there is an option, and why the firm believes there will only be five or fewer dominant blockchains. He describes why he thinks it's likely Bitcoin will take the lion's share of the market, noting its $200 billion market cap vs. the $20 trillion in other store-of-value assets such as gold, real estate and art, and whether or not it's possible to invest in Lightning, the second layer built on top of Bitcoin. We also cover the Bitcoin ETF proposals, stablecoins, how crypto might take off in video games and its 66x return within two years on its investment in Block.One

Thank you to our sponsors!

Simbachain: https://simbachain.com

Kraken: https://kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Blockchain Capital: https://blockchain.capital/

Spencer Bogart: https://twitter.com/CremeDeLaCrypto

Unchained interview with Brock Pierce: https://unchainedpodcast.com/this-vc-is-sure-venture-capital-is-about-to-be-disrupted/

BCAP Q2 Nav: https://blockchainloop.com/blockchain-capital-releases-q2-2019-bcap-token-nav/

Upgrading of BCAP to Securitize platform: https://www.globenewswire.com/news-release/2018/09/04/1565117/0/en/BCAP-Tokens-to-be-Upgraded-Utilizing-Securitize-Platform.html

Funding of Securitize: https://www.coindesk.com/coinbase-backs-security-token-startups-12-75-million-funding-round

Blockchain Capital’s fourth fund: https://www.prnewswire.com/news-releases/blockchain-capital-closes-fund-iv-at-150-million-300617495.html

Story about Blockchain Capital trying to separate itself from Brock Pierce: https://decrypt.co/6876/is-blockchain-capital-trying-to-scrub-co-founder-and-mighty-ducks-star-brock-pierce-from-its-history

Interview with Brock Pierce in which he describes leaving Blockchain Capital: https://hackernoon.com/brock-pierce-interview-tales-from-the-bitcoin-floor-e479693a49bd

Lightning Network statistics: https://bitcoinvisuals.com/lightning

Tweets from LNBig on how they earned $0.10-$0.30 a day on Lightning fees: https://twitter.com/lnbig_com/status/1163055682964348934?s=20

https://twitter.com/lnbig_com/status/1159538637597487104?s=20

LNBig on how they spent $1,000 or so to open their Lightning channels: https://www.reddit.com/r/btc/comments/bxh0ny/lightning_network_capacity_takes_a_sudden_dive/eq9x4i9/

Profitability of running a lightning node: https://www.reddit.com/r/Bitcoin/comments/a9dmzw/how_profitable_is_running_a_lightning_node/

Letter to the SEC: https://blockchain.capital/examining-bitcoins-valued-attributes-a-letter-to-the-sec/

Blog post about Bitcoin’s likely dominance: https://blockchain.capital/the-past-future-of-blockchain-where-were-going-and-why/

Spencer's Reddit post with questions/concerns about MakerDAO: https://www.reddit.com/r/MakerDAO/comments/asb9n6/a_couple_questions_concerns_about_maker_and_mkr/

+ tweetstorm: https://twitter.com/cremedelacrypto/status/1103428046621618178

Sep 24, 2019
Olga Feldmeier on Why Switzerland Has Welcomed Crypto - Ep.137
01:01:36

Olga Feldmeier, CEO of SmartValor, describes how her upbringing in Ukraine when it was undergoing 10,000% and 5,000% annual inflation helped her understand the potential in Bitcoin years later, and helped her connect with Wences Casares, CEO of Xapo. She also talks about how Xapo was able to get regulated in Switzerland, without having to get a banking license, and why she believes Switzerland has been open to the crypto industry. She explains why she is now focused on security tokens and tokenizing other real-world assets with her venture SmartValor, why it is also licensed in Lichtenstein, why it is aiming to make South Korea its second home, and what her view is on Facebook's Libra. 

Thank you to our sponsors!

Simbachain: https://simbachain.com

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

Smart Valor: https://smartvalor.com/en/

Olga Feldmeier: https://twitter.com/OlgaFeldmeier

Forbes interview with Olga: https://www.forbes.com/sites/montymunford/2018/07/30/qa-with-olga-feldmeier-cryptoqueen-and-ceo-smart-valor/#e3a3c9f3bcd1

Untold Stories interview with Olga (episode 14): https://cms.megaphone.fm/channel/untoldstories?selected=BWG5775450315

Xapo receives approval to operate as a financial intermediary in Switzerland: https://blog.xapo.com/xapo-regulatory-status-in-switzerland/

SmartValor white paper: https://res.smartvalor.com/public/SMART-VALOR-WhitePaper.pdf

SmartValor launches in Switzerland: https://www.coindesk.com/smart-valor-launches-regulated-crypto-exchange-in-switzerlandBusiness Insider interview on tokenizing physical objects: 

https://www.businessinsider.com/smart-valor-ceo-tokenization-of-everything-icos-bitcoin-future-value-2018-1

Smart Valor makes South Korea its second home: https://news.smartvalor.com/korea-update/

Sep 17, 2019
Why LocalBitcoins Stopped Cash Trades and Has a New CEO - Ep.136
59:21

Sebastian Sonntag, the new CEO of LocalBitcoins, and Mika Impola, software developer at LocalBitcoins, explain why the peer-to-peer bitcoin trading company has a new CEO, why it stopped cash trades and what kind of response they've received from the community about it. They describe how the service works, how it has changed over time, the range of payment options available amongst sellers on the site, and how peer-to-peer trading differs from country to country. Plus, we cover why it suspended buying in Iran, how regulation is changing the site in general, how it handles forks and what Sonngtag's plans are for the company.

Thank you to our sponsors!

Simbachain: https://simbachain.com/

Kraken: https://kraken.com/

CipherTrace: http://ciphertrace.com/unchained

Episode links:

LocalBitcoins: https://localbitcoins.com/

LocalBitcoins blog: https://localbitcoins.com/blog/

LocalBitcoins names a new CEO: https://localbitcoins.com/blog/localbitcoins-names-a-new-ceo/

LocalBitcoins stops cash trades: https://www.coindesk.com/localbitcoins-removes-cash-for-crypto-trading-option

New Finnish AML regulations: https://localbitcoins.com/blog/aml-features-update/ 

LocalBitcoins’ new ID verification system: https://localbitcoins.com/blog/id-verification-update/ 

LocalBitcoins trading volume across countries: https://coin.dance/volume/localbitcoins

LocalBitcoins trading in Venezuela: https://coin.dance/volume/localbitcoins/VES/BTC

LocalBitcoins suspends buying in Iran: https://www.coindesk.com/localbitcoins-bans-bitcoin-buying-in-iran-in-blow-to-rising-crypto-commerce

Bitcoin Cash hard fork decision: https://localbitcoins.com/blog/bitcoin-bcash/

Bitcoin Maven: https://www.latimes.com/business/la-fi-bitcoin-sentencing-20180709-story.html

Hack on LocalBitcoins forums: https://www.coindesk.com/localbitcoins-reveals-security-breach-with-some-crypto-wallets-affected

Sep 10, 2019
How Aragon Hopes to Improve on Democracy - Ep.135
01:05:39

Luis Cuende, the CEO of Aragon One, describes the Aragon Network, how it aims to create new systems better for human coordination and the roles of the various parts of the ecosystem, such as Aragon One, the Aragon Association, the Aragon Court, Aragon Nest and the Aragon Network token. He describes the various parts of the Aragon Network, such as a finance app and voting app, how the network can be used both by decentralized organizations as well as centralized companies, and how he thinks decentralized autonomous organizations (DAOs) interact with real-world legal jurisdictions. We discuss how disputes are handled in Aragon, what the token, ANT, is used for, and why Aragon is contemplating building its own blockchain instead of sitting atop Ethereum, as it currently does. We also talk about how Aragon is governed, how it hopes to someday decentralize its governance and other ways Aragon can reach Cuende's ideal governance. Plus, we cover a few controversial votes in Aragon and the role of whales in such systems. 

Thank you to our sponsors!

Simbachain: https://simbachain.com/

Kraken: https://www.kraken.com/

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Aragon Network: https://aragon.org/network/

Luis Cuende: https://twitter.com/licuende?lang=en

Aragon white paper: https://github.com/aragon/whitepaper

Breaker Mag article about Aragon: https://breakermag.com/can-aragon-make-decentralized-autonomous-governance-work/

Vitalik Buterin's proposals on DAICOs: https://ethresear.ch/t/explanation-of-daicos/465

Aragon Governance Proposals (AGP): https://github.com/aragon/AGPs/blob/master/AGPs/AGP-1.md

Vote against funding Polkadot: https://www.coindesk.com/voters-on-ethereum-app-veto-proposal-to-fund-polkadot-blockchain

Unchained episode about Polkadot: https://unchainedpodcast.com/paritys-jutta-steiner-and-gavin-wood-on-polkadot-substrate-and-the-frozen-funds/

Unchained episode about Ethereum 2.0: https://unchainedpodcast.com/vitalik-buterin-on-whether-or-not-ethereum-is-blowing-it/

Unchained episode with Ameen Soleimani of MolochDAO: https://unchainedpodcast.com/molochdao-could-this-decentralized-autonomous-organization-help-ethereum-scale-faster/

Stats on Aragon: https://scout.cool/aragon/mainnet

Unchained episode about Melon protocol: https://unchainedpodcast.com/how-melon-could-make-asset-management-easier/

Autark, the decentralized SpaceX: https://www.autark.xyz

Sep 03, 2019
After Years of Secret Work, Decred Adds a New Feature: Privacy - Ep.134
01:06:45

Jonathan Zeppettini, international ops lead and chief evangelist for Decred, aka "Decred Jesus," announces the launch of the coin's privacy feature. He first describes how Decred came out of some developers' frustrations of trying to work with Bitcoin Core developers, and how that led them to realize a couple of issues with Bitcoin's governance around the funding of development and giving other stakeholders a say in the development of the coin. He explains how Decred addresses those issues, how governance in Decred works, what tickets are used for in the system and why it uses a hybrid POW/POS system. We discuss the comparatively high participation rates in Decred, how it's resistant to contentious hard forks, and what Politeia is. Plus, he gives the scoop on Decred's new privacy feature, how it works, why it was developed in secret, and how the plan to make it more decentralized in the future. Plus, he talks about how Decred plans to decentralize its own governance. 

Thank you to our sponsors!

Crypto.com: https://www.crypto.com

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Decred: https://decred.org

Jonathan Zeppettini: https://twitter.com/jz_bz

Decred in brief: https://decred.org/brief/

Jacob’s 2015 post on the challenges with Bitcoin: https://blog.companyzero.com/2015/11/bitcoins-biggest-challenges/

Placeholder VC on why it invested in Decred: https://www.placeholder.vc/blog/2018/5/12/decred-investment-thesis?rq=decred

Smith and Crown's Decred report: https://sci.smithandcrown.com/research/decred-report

Voting in Decred: https://storage.googleapis.com/smithandcrown-asset-engine-prod/images/voting-cycle.original.png

Politeia: https://blog.decred.org/2017/10/25/Politeia/

CoinDesk article on Politeia: https://www.coindesk.com/one-of-investors-favorite-governance-blockchains-is-handing-over-20-million

DiceMix “paper”: https://www.ndss-symposium.org/wp-content/uploads/2017/09/ndss201701-4ruffingSlides.pdf 

Brave New Coin post: https://bravenewcoin.com/insights/decred-price-analysis-a-sustained-increase-in-mining-activity-2 

Coinbase may list Decred: https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-4d2ecbcbd38c 

Aug 27, 2019
Sandra Ro: Why Crypto-Friendly Laws Are Coming in the US - Ep.133
01:09:34

Sandra Ro, the CEO of the Global Blockchain Business Council and former head of digitization at CME, explains what the GBBC does, how it chooses partners, and what level of involvement they have with projects under the GBBC umbrella. We discuss some of the more controversial projects, such as the Voatz pilot that conducted election voting using blockchain technology, as well as how she responds to people saying many "blockchain" projects could instead use a database. She also reveals why she believes that the US will eventually lead the world on crypto regulation, why she thinks that there's strength in the fragmentation in US regulations and what she thinks is the best way forward on the BitLicense. Plus, she gives us the inside scoop on what it took for her to get CME to launch Bitcoin futures. 

Thank you to our sponsors!

Crypto.com: https://www.crypto.com/

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Sandra Ro: https://twitter.com/srolondon

GBBC: https://gbbcouncil.org/

Previous Unchained interview with Sandra: https://unchainedpodcast.com/what-is-one-of-the-worlds-largest-derivatives-exchanges-doing-with-bitcoin/ 

Controversy over Voatz: https://slate.com/technology/2019/07/west-virginia-blockchain-voting-voatz.html

Episode with Jake Chervinsky: https://unchainedpodcast.com/all-things-crypto-regulation-with-jake-chervinsky/

Jeremy Allaire on Unconfirmed on why the US needs a new category for digital assets: https://unchainedpodcast.com/jeremy-allaire-on-why-the-us-government-needs-a-new-category-for-digital-assets/

Fred Wilson on crypto regulation in the US: https://avc.com/2019/05/defendcrypto-org/

Ted Livingston on why Kik set up DefendCrypto.org: https://unchainedpodcast.com/kin-sets-up-5-million-defendcrypto-org-to-take-on-the-sec/

Unchained interview with Juthica Chou: https://unchainedpodcast.com/ledgerx-on-the-reasons-to-trade-bitcoin-options/

Patent for physically settled cryptocurrency derivatives contracts: https://www.coindesk.com/cme-explores-cryptocurrency-derivatives-contracts-in-patent-filing

Ro named to New York State Digital Currency Task Force: https://www.coindesk.com/new-york-legislature-names-initial-members-to-crypto-task-force

The Libra Association's Dante Disparte on Unconfirmed: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

Aug 20, 2019
The IMF on How to Design Central Bank Digital Currencies - Ep.132
01:04:14

Dong He, deputy director of the monetary and capital markets department of the IMF, and Yan Liu, Assistant General Counsel at the legal department of the IMF, talk about central bank digital currencies (CBDCs): the current level of interest among central banks in issuing them, what concerns they need to address when designing them, and how commercial banks might be affected, depending on the design of the CBDC. We discuss how privacy could be built into such a currency while also fulfilling anti-money laundering and counter terrorist financial regulations and how a CBDC could affect the IMF's ability to achieve its goal of financial inclusion. Plus, we also cover how crypto assets being widely adopted could influence economies, as well as Facebook's Libra.  

Thank you to our sponsors!

Crypto.com: https://www.crypto.com/

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

IMF: https://www.imf.org/ 

Dong He: https://www.linkedin.com/in/donghe

Yan Liu: https://blogs.imf.org/bloggers/yan-liu/ 

Speech by IMF managing director Christine Lagarde on the case for new digital currency: https://www.imf.org/en/News/Articles/2018/11/13/sp111418-winds-of-change-the-case-for-new-digital-currency 

He’s speech on monetary policy in the digital age: https://www.imf.org/external/pubs/ft/fandd/2018/06/central-bank-monetary-policy-and-cryptocurrencies/he.htm

Article on how crypto assets could reduce the demand for central bank money: https://www.imf.org/external/pubs/ft/fandd/2018/06/central-bank-monetary-policy-and-cryptocurrencies/he.pdf  

The IMF on Libra: https://www.imf.org/~/media/Files/Publications/FTN063/2019/English/FTNEA2019001.ashx

Unconfirmed episode with Michael Casey on why it would be good if Libra rivaled the US dollar: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

Also check out this Unchained episode from the Oslo Freedom Forum, which dived deeply into the issues around privacy vs. keeping out bad actors: https://unchainedpodcast.com/oslo-freedom-forum-2019-protecting-financial-freedoms-in-the-digital-age/

And this Unchained episode with Alex Gladstein of the Human Rights Foundation, which covered similar issues: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-3-reasons-bitcoin-matters/

Aug 13, 2019
All Things Crypto Regulation With Jake Chervinsky - Ep.131
01:08:25

Jake Chervinsky, general counsel at Compound, goes over a plethora of crypto regulatory issues, such as those related to securities law such as the SEC vs. Kik case, Ripple, stablecoins, no-action letters, Blockstack and more. We also discuss whether there should be one regulator for crypto matters in the US, whether it makes sense to create a new category for digital assets instead of applying laws for securities, commodities, etc., to digital tokens, and why he thinks Libra will likely not launch in its proposed form. He also gives his odds on a Bitcoin ETF being approved soon, talks about the tension between privacy and financial regulation and  reveals what he thinks is the biggest regulatory issue in DeFi that no one's talking about.

Thank you to our sponsors!

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Episode links: 

Jake Chervinsky: https://twitter.com/jchervinsky

Compound: https://compound.finance/

Unchained interview with Compound CEO Robert Leshner: https://unchainedpodcast.com/how-youll-earn-interest-on-your-crypto-with-compound-ep-82/ 

Unchained with Ted Livingston of Kik about its intention to fight the SEC in court: https://unchainedpodcast.com/kin-sets-up-5-million-defendcrypto-org-to-take-on-the-sec/

Kik's Wells response: https://www.kin.org/wells_response.pdf 

SEC no-action letter to Quarters: https://www.coindesk.com/sec-clears-blockchain-gaming-startup-to-sell-quarters-tokens 

SEC Commissioner Hester Peirce on the first no-action letter for a token: https://www.sec.gov/news/speech/peirce-how-we-howey-050919 

Unconfirmed episode on Blockstack’s Reg A+ filing: https://unchainedpodcast.com/blockstacks-reg-a-filing-and-the-future-of-token-offerings%e2%80%8b/  

Decrypt article on issues with issuing a token under Reg A+: https://decrypt.co/7839/blockstack-token-offering-historic-but-dance-with-sec-far-from-over 

How much Ripple has sold recently: https://twitter.com/lawmaster/status/1154276254775947264?s=20

Jake’s tweet storm on the Libra hearings in Congress: https://twitter.com/jchervinsky/status/1151875713903005697?s=20

Jeremy Allaire’s testimony to Congress: https://www.banking.senate.gov/imo/media/doc/Allaire%20Testimony%207-30-19.pdf

Unchained interview with Jeremy Allaire on regulations: https://unchainedpodcast.com/jeremy-allaire-on-why-the-us-government-needs-a-new-category-for-digital-assets/

Push for new crypto regulations:  https://www.wsj.com/articles/lawmakers-push-for-new-bitcoin-rules-11562405401

Tax issues: https://fortune.com/2019/07/29/here-comes-the-irs-the-ledger/

Bitcoin ETF: https://twitter.com/jchervinsky/status/1111734963798458369?s=20 

Jake’s tweet storm on Bakkt: https://twitter.com/jchervinsky/status/1059828623471972354?fbclid=IwAR259I8Q2NSNmQ_PEb6l__XatWhmqj9U8gocHRoeb-JXizviI9T62rMuQC8

The latest on Bakkt: https://www.coindesk.com/bakkt-is-supposed-to-start-testing-its-bitcoin-futures-contracts-today

Sanctions coming to crypto: https://www.coindesk.com/get-ready-for-crypto-sanctions-enforcement 

Aug 06, 2019
LedgerX on the Reasons to Trade Bitcoin Options - Ep.130
01:03:26

Juthica Chou, chief operating officer of LedgerX, talks about the company's new license to offer its derivatives to retail investors and the resulting platform, Omni. She walks through what call and put options are, how they work and why people and companies purchase them as opposed to just buying or selling bitcoin directly. We discuss why LedgerX believes physically settled bitcoin options are superior to cash-settled ones, how LedgerX handles hard forks, and other contracts focused on the technicals of crypto networks it could offer such as its halving contract. Plus, she describes what it was like to be building a Bitcoin-centered company during the "blockchain not Bitcoin" era. 

Sign up for the Virtues of the Crypto Revolution retreat with me, Meltem Demirors of CoinShares and Jalak Jobanputra of Future Perfect Ventures at Omega Institute!!

Thank you to our sponsors!

Crypto.com: https://www.crypto.com/

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links: 

LedgerX: https://www.ledgerx.com

Juthica Chou: https://twitter.com/juthica 

LedgerX blog posts introducing Omni: https://blog.ledgerx.com/the-long-game/

https://blog.ledgerx.com/introducing-omni-powered-by-ledgerx/

https://www.coindesk.com/cftc-approves-ledgerx-to-settle-futures-in-real-bitcoin

https://www.coindesk.com/ledgerx-reveals-bid-to-beat-bakkt-to-physical-bitcoin-futures-launch

CNBC interview with Ari Paul about why he bought $50,000 Bitcoin call option: https://www.cnbc.com/video/2017/12/26/man-behind-massive-bet-that-bitcoin-could-hit-50000.html

Cheddar interview: more opportunity with the retail market: 

https://cheddar.com/media/ledgerx-wins-u-s-regulatory-approval-to-trade-bitcoin-futures

Bitcoin halving contract: https://blog.ledgerx.com/a-new-type-of-contract-for-a-new-type-of-asset/

https://www.coindesk.com/ledgerx-unveils-betting-market-for-2020s-bitcoin-block-reward-halving

Ledger on how to it would handle the Bitcoin Gold hard fork: https://www.ledgerx.com/s/LedgerX-LLC-Notice-to-Participants-2017-10.pdf

Call option for $100k Bitcoin by December 2020: https://www.bloomberg.com/news/articles/2019-07-16/anybody-can-now-bet-on-bitcoin-100-000-with-new-call-options

Unchained interview with Dan Morehead of Pantera Capital: https://unchainedpodcast.com/pantera-capital-how-bitcoin-could-reach-356000-in-a-few-years/

Cboe stops listing Bitcoin fuures:

https://www.coindesk.com/cboe-puts-brakes-on-bitcoin-futures-listing

https://www.wsj.com/articles/cboe-abandons-bitcoin-futures-11552914001

Why CME’s futures saw more volume than Cboe’s: https://www.coindesk.com/cme-cboe-bitcoin-futures

How Bitcoin futures will be taxed: https://blog.ledgerx.com/less-taxation-with-digitization/

Doomschain clock/attitude toward private blockchains: https://blog.ledgerx.com/updating-the-doomschain-clock/

Oracle blog post: https://blog.ledgerx.com/how-to-talk-to-the-oracle/

Jul 30, 2019
Pantera Capital: How Bitcoin Could Reach $356,000 in a Few Years - Ep.129
01:05:49

Dan Morehead, founder and CEO of Pantera Capital, and Joey Krug, co-chief investment officer of Pantera and founder of Augur, discuss where we are in the development cycle of blockchain technology, how Bitcoin, if stays on past trend lines, could hit $42,000 by year's end and $356,000 a couple years after that, and why the biggest challenges now are around scaling and onboarding. We also cover what the adoption of the technology will mean long-term — how creating assets and markets will no longer be the realm of a privileged view — but why payments may be one of the last areas to be disrupted. Morehead and Krug also talk about how Libra walks the line between decentralized and centralized, and it's unclear how Libra will become decentralized. Plus, hear how they respond to questions about the SEC vs. Kik. 

Sign up for the Virtues of the Crypto Revolution retreat with me, Meltem Demirors of CoinShares and Jalak Jobanputra of Future Perfect Ventures at Omega Institute!! 

Thank you to our sponsors!

Crypto.com: https://www.crypto.com/

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Pantera Capital: https://www.panteracapital.com

Dan Morehead: https://twitter.com/dan_pantera

Joey Krug: https://twitter.com/joeykrug

Dan Morehead on Unconfirmed: https://unchainedpodcast.com/dan-morehead-of-pantera-capital-on-why-this-crypto-winter-is-different/

Unchained with Joey Krug: https://unchainedpodcast.com/joey-krug-on-how-augur-is-like-any-other-tool-ep-79/

A Crypto Thesis: https://medium.com/@PanteraCapital/a-crypto-thesis-47eaacf861ca

Unconfirmed about Congressional hearings on Libra: https://unchainedpodcast.com/why-the-congressional-hearings-on-facebooks-libra-were-good-for-bitcoin/

Unconfirmed about why it would be good if Libra rivaled the USD: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

Unconfirmed with Dante Disparte of the Libra Association: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

Some crypto industry players fed up with US regulators: https://www.forbes.com/sites/laurashin/2019/05/29/crypto-companies-and-investors-fed-up-with-the-sec/#3f348ad7701c

The SEC vs. Kik: https://unchainedpodcast.com/kin-sets-up-5-million-defendcrypto-org-to-take-on-the-sec/

Bitcoin ETF: https://www.cryptoglobe.com/latest/2018/10/pantera-capital-ceo-sec-doesnt-want-widows-and-orphans-buying-bitcoin-etfs-i-think-an-etf-is-years-away/

Jul 23, 2019
How to Keep Your Crypto From Being Stolen Via Your Phone - Ep.128
01:01:29

Rich Sanders, cofounder and chief security officer of CipherBlade, and Harry Denley, director of security of MyCrypto.com, discuss the phone porting phenomenon: who's behind these thefts, how they perpetrate them, who is targeted, how to recognize the signs you're a victim and how to the hackers are adapting to people protecting themselves. They cover how you can protect yourself, which accounts to protect, what kinds of email addresses and numbers to set up, how to set them up, how to separate them from anything valuable, and which two-factor authentication methods could work instead. Plus, they go over how to report a theft, to whom you should report, and what information to include.

Thank you to our sponsors!

Crypto.com: https://crypto.com

Kraken: https://kraken.com

CipherTrace: https://ciphertrace.com/unchained

Episode links: 

MyCrypto: https://mycrypto.com/

https://twitter.com/MyCrypto

https://medium.com/mycrypto

CipherBlade: https://cipherblade.com

The SIM Swapping Bible: https://medium.com/mycrypto/what-to-do-when-sim-swapping-happens-to-you-1367f296ef4d

My Forbes story covering the phone hijacking phenomenon: https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/#1964ddb738ba

Michael Terpin, awarded $75 million in case after losing $24 million in crypto: https://www.coindesk.com/crypto-investor-awarded-over-75-million-in-sim-swapping-hack-case

Cody Brown who lost $8,000 on Coinbase due to a phone hijacking: https://medium.com/@CodyBrown/how-to-lose-8k-worth-of-bitcoin-in-15-minutes-with-verizon-and-coinbase-com-ba75fb8d0bac

BitGo engineer losing his money via SIM porting: https://medium.com/coinmonks/the-most-expensive-lesson-of-my-life-details-of-sim-port-hack-35de11517124

Jul 16, 2019
How the Caribbean Got on the Road to Central Bank Digital Currencies - Ep.127
01:13:25

Gabriel Abed, founder of Bitt.com and Vice President of the board of directors, describes how he went from mining Bitcoin to persuading governors of central banks to not quash Bitt's goal to create central bank digital currencies in the Caribbean and getting the Eastern Caribbean Central Bank to pilot one starting next year. He tells the tale of how Overstock came to invest in Bitt, how he brought on a new CEO to take over the company he founded, and how he teamed up with Polymath to create a new company that became the single largest shareholder of the Barbados Stock Exchange. He also describes Digital Asset Capital Management, an investment firm he launched, and why he's still a Bitcoin maximalist despite working on and investing in other types of cryptocurrencies. 

Virtues of the Crypto Revolution retreat with Meltem Demirors of CoinShares and Jalak Jobanputra of Future Perfect Ventures: https://www.eomega.org/workshops/virtues-of-the-crypto-revolution

Thank you to our sponsors!

Crypto.com: https://www.crypto.com

Kraken: https://www.kraken.com/

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Bitt.com: https://www.bitt.com/

Gabriel Abed: https://www.linkedin.com/in/gabrielabed/

mMoney in Barbados: https://www.mmoneybb.com/

Digital Asset Capital Management: https://dacm.io/

Overstock announces $4 million investment in Bitt.com, to total $16 million over time: https://bitcoinmagazine.com/articles/overstock-invests-in-bitt-to-launch-official-digital-currencies-in-the-caribbean-islands-1459961581

Second Overstock investment in Bitt.com of $3 million: https://www.coindesk.com/overstock-venture-arm-invests-3-million-in-blockchain-payments-startup

CoinDesk on the meaning of Bitt's work with the Barbadian digital dollar: https://www.coindesk.com/how-a-tiny-island-could-give-cryptocurrency-a-big-boost

Bitt’s pilot with Eastern Caribbean Central Bank:

https://www.coindesk.com/eastern-caribbean-central-bank-takes-step-toward-digital-currency-roll-out

Partnership with Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a central bank-backed digital currency for Curaçao and Sint Maarten:

https://www.coindesk.com/bitt-partners-with-dutch-caribbean-islands-to-explore-central-bank-crypto

Bitt's identity work: https://www.coindesk.com/bitt-reveals-big-plans-blockchain-powered-caribbean-settlement-network

Crypto activity in Bermuda and the Caribbean: 

https://www.nytimes.com/2018/07/29/technology/cryptocurrency-bermuda-malta-gibraltar.html

Bermuda's crypto regulatory framework: 

https://finance.yahoo.com/news/why-bermuda-is-going-crypto-with-new-regulatory-framework-130512103.html

Unchained interview with CZ of Binance: https://unchainedpodcast.com/how-binance-became-the-most-popular-crypto-exchange-in-5-months-ep-84/

Unchained interview with Bitfury: https://unchainedpodcast.com/bitfury-on-the-ways-it-collaborates-with-governments-and-why-its-partnered-with-a-public-company/

Unchained interview with Sandra Ro: https://unchainedpodcast.com/what-is-one-of-the-worlds-largest-derivatives-exchanges-doing-with-bitcoin/

Unconfirmed interview with Dante Disparte: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

Jul 09, 2019
How Asia's Trading Culture Results in a Vastly Different Crypto Scene - Ep.126
01:04:18

Luis Buenaventura, founder of Bloom Solutions, and Leo Weese, president of Bitcoin Association of Hong Kong, discuss the crypto scene in Asia — how it differs from that of the West, and how it differs within the region. We also cover the regulatory climate there, how Korean traders occasionally stuff their pockets with cash and hop flights to Hong Kong, and whether the Hong Kong protests have had any impact on interest in BItcoin. Leo and Luis also talk about Binance and what they think are the top crypto projects in the region. Plus, they reveal Asia's perception of Tron.

LAST WEEK to take the Unchained Podcast survey!

Help make Unchained better! Take our survey and enter the giveaway for a free Bitcoin lightning node and a yearlong Casa Gold membership, — including a multisig security app for iPhone and Android, a Trezor hardware wallet, a Casa faraday bag, and 24/7 support! https://www.surveymonkey.com/r/unchainedsurvey2019

Thank you to our sponsors!

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Luis Buenaventura: https://twitter.com/helloluis

Bloom: https://www.bloom.solutions/

Leo Weese: https://twitter.com/LeoAW

The Bitcoin Association of Hong Kong: https://www.bitcoin.org.hk/

On Twitter: https://twitter.com/bitcoinorghk?lang=en

Panel from the Oslo Freedom Forum, where I met Leo and Luis: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-3-reasons-bitcoin-matters/

Previous Asia scene episode: https://unchainedpodcast.com/asia-edition-mining-a-crypto-yuan-and-the-two-main-reasons-the-chinese-are-interested-in-crypto-ep-102/

Crypto Garage: https://cryptogarage.co.jp/en

Bitspark: https://www.bitspark.io

Jul 02, 2019
Alex Gladstein of the Human Rights Foundation on the 3 Reasons Bitcoin Matters - Ep.125
01:14:47

In recent years, the Human Rights Foundation and Alex Gladstein, its chief strategy officer, have become forces in the Bitcoin and cryptocurrency community. In this episode, he discusses why Bitcoin is important for human rights, its three most important characteristics, and why Facebook's Libra project should be helpful to the adoption of the technology, at least in the short-term. He also describes how Bitcoin is just part of other movements that have become more open, such as governments shifting toward democracies and information becoming freer via the internet. He talks about how he thinks the technology can get wider adoption, why HRF supports the Open Money Initiative, and whether or not Bitcoin can help the North Korean people, rather than enriching its government, which has been the case so far. 

Read the full show notes on Forbes: http://www.forbes.com/sites/laurashin/2019/06/25/how-bitcoin-can-help-in-the-fight-for-human-rights/

Take the Unchained Podcast survey!

Help make Unchained better! Take our survey and enter the giveaway for a free Bitcoin lightning node and a yearlong Casa Gold membership, — including a multisig security app for iPhone and Android, a Trezor hardware wallet, a Casa faraday bag, and 24/7 support! https://www.surveymonkey.com/r/unchainedsurvey2019

Thank you to our sponsors!

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

The Human Rights Foundation: https://hrf.org/

Alex Gladstein: https://twitter.com/gladstein

Last year's Unconfirmed episode with Alex: https://unchainedpodcast.com/alex-gladstein-of-the-human-rights-foundation-on-the-first-crypto-war-ep-021/

This year's panel discussion on finances and freedom from the Oslo Freedom Forum: https://unchainedpodcast.com/oslo-freedom-forum-2019-protecting-financial-freedoms-in-the-digital-age/

Alex's essay for Time on why Bitcoin matters for freedom: https://time.com/5486673/bitcoin-venezuela-authoritarian/

Alex's response to Bitcoin critics: https://medium.com/@alexgladstein/a-human-rights-activists-response-to-bitcoin-critics-d50e6760ee80

The Open Money Initiative: https://www.openmoneyinitiative.org/

https://www.coindesk.com/whats-holding-back-bitcoin-in-venezuela-this-group-is-investigating

How Bitcoin could help improve foreign aid: https://edition.cnn.com/2019/05/23/perspectives/bitcoin-foreign-aid/index.html

Unchained episode with Bill Tai: 

https://unchainedpodcast.com/maitai-globals-bill-tai-on-why-blockchain-is-the-6th-wave-of-technology/

Eric Wall's posts on Bitcoin privacy and wallets: https://medium.com/human-rights-foundation-hrf/privacy-and-cryptocurrency-part-i-how-private-is-bitcoin-e3a4071f8fff

https://medium.com/human-rights-foundation-hrf/privacy-and-cryptocurrency-part-ii-bitcoin-wallets-2f68099b055f

What Bitcoin Did episode with Mahsa Alimardani: https://www.whatbitcoindid.com/podcast/wbd-live-bitcoin-around-the-world-panel-at-the-oslo-freedom-forum

Thae Yong Ho, the highest-ranking North Korean defector, at the Oslo Freedom Forum 2019: https://youtu.be/HmnBvsHl0qY?t=2662

Unchained episode with Jimmy Song: https://unchainedpodcast.com/jimmy-song-on-why-bitcoin-will-be-the-winning-cryptocurrency-ep-69/

Jun 25, 2019
Not Sure a Cryptoeconomic System Will Work? Gauntlet Can Help - Ep.124
01:13:23

Tarun Chitra, cofounder and CEO of Gauntlet, describes how his company enables crypto teams to run through simulations to see how their design choices will affect the project once it is trading. Using the cofounders' background in quantitative finance and high-frequency trading, Gauntlet uses tools from behavioral economics as well as game theory, plus real-world information such as exchange data to model outcomes after 100,000 blocks. We discuss how it makes its assumptions, how proof of stake differs from proof of work, and how the initial token distribution can affect the eventual concentration of tokens. He also reveals what design choice tends to have the greatest impact, as well as what main factor crypto teams aren't  thinking about that they should be. Plus, he talks about his involvement in the launch of Facebook's Libra project, and gives us his thoughts on the design choices Facebook made regarding the consensus algorithm, programming language and the structure of the coin.

See the full show notes on Forbes! http://www.forbes.com/sites/laurashin/2019/06/18/how-to-make-cryptoeconomics-work-in-live-trading/

Take the Unchained Podcast survey!

Help make Unchained better! Take our survey and enter the giveaway for a free Bitcoin lightning node and a yearlong Casa Gold membership, — including a multisig security app for iPhone and Android, a Trezor hardware wallet, a Casa faraday bag, and 24/7 support! https://www.surveymonkey.com/r/unchainedsurvey2019

Thank you to our sponsors!

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode Links:

Gauntlet: https://gauntlet.network

Tarun Chitra: https://twitter.com/tarunchitra?lang=en

Gauntlet blog posts: https://medium.com/gauntlet-networks?source=logo-23cfbaf25c9a

Unchained episode with Olaf Carlson-Wee of Polychain from Consensus 2019: https://unchainedpodcast.com/to-the-moon-and-back-with-polychains-olaf-carlson-wee/

Zero Knowledge podcast episode with Tarun Chitra: https://www.zeroknowledge.fm/61

Jun 18, 2019
Oslo Freedom Forum 2019: Protecting Financial Freedoms in the Digital Age - Ep.123
53:01

In this panel, recorded at the Oslo Freedom Forum 2019, I moderated what an attendee described as a "lively" discussion on the relationship between finances and freedom with Bitcoin author and educator Jimmy Song; Alena Vranova, Head of Strategy at Casa; and Coin Center founder Jerry Brito. We talked about what it's like to live under a regime where people don’t have a lot of financial freedom, how the move to a cashless society is leading to a surveillance state, and how we're seeing the emergence of a corporate surveillance state. We talked about how cryptocurrency could bring us more financial freedom, how crypto is/should be regulated, privacy coins and the imminent Financial Action Task Forces rules that require crypto exchanges and other services send each other information on customers for each transaction. Plus, we discuss bad state actors using crypto.

Read the show notes on Forbes!

http://www.forbes.com/sites/laurashin/2019/06/11/how-bitcoin-and-cryptocurrencies-can-further-financial-freedom/


Help make Unchained better! Take our survey and enter the giveaway for a free Bitcoin lightning node and a yearlong Casa Gold membership, -- including a multisig security app for iPhone and Android, a Trezor hardware wallet, a Casa faraday bag, and 24/7 support! https://www.surveymonkey.com/r/unchainedsurvey2019

Those of you interested in learning more about Casa, or about protecting your Bitcoin investment generally, should check out my interview with CEO Jeremy Welch. https://unchainedpodcast.com/how-casa-makes-it-harder-for-someone-to-steal-your-bitcoins/ Thank you to Casa for donating!

Thank you to our sponsors!

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Oslo Freedom Forum: https://oslofreedomforum.com

Human Rights Foundation: https://hrf.org

Jimmy Song: https://twitter.com/jimmysong

Alena Vranova: https://twitter.com/AlenaSatoshi

Jerry Brito: https://twitter.com/jerrybrito

Programming Blockchain: https://programmingblockchain.com

Casa: https://keys.casa

Coin Center: https://coincenter.org

FATF rules: https://www.coindesk.com/beyond-kyc-global-regulators-appear-set-to-adopt-tough-new-rules-for-crypto-exchanges

How regulation could spur the development of technology in the crypto space toward more P2P:

Vitalik blog post on this: https://vitalik.ca/general/2019/05/09/control_as_liability.html

Michael Casey on the topic: https://www.coindesk.com/the-cat-and-mouse-game-of-crypto-regulation-enters-a-new-phase

Jun 11, 2019
Peter Smith, CEO of Blockchain, on Its Dark Pool, Crypto Lending Operation and Intention to Go Public - Ep.122
01:09:57

Peter Smith, the CEO of Blockchain, discusses how the company got started, why the company is focused on users owning their own private keys and how that is what enables all the most interesting applications of blockchain technology. He talks about the full range of customers and markets they serve, their lending business and their dark pool. We also discuss regulation, SegWit, nation-states getting involved in crypto and why Blockchain plans to go public.

Read more on Forbes.com: http://www.forbes.com/sites/laurashin/2019/06/04/everything-interesting-in-crypto-relies-on-having-a-private-key/

Thank you to our sponsors!

Kraken: https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

Peter Smith: https://twitter.com/OneMorePeter

Blockchain: https://www.blockchain.com

Wired article on the short period when cofounder Ben Reeves worked with Brian Armstrong: https://www.wired.com/2014/03/what-is-bitcoin/

Dovey Wan tweet on manipulative trade on Bitstamp/Bitmex: https://twitter.com/DoveyWan/status/1129246233917382656

Fortune article on Blockchain launching an exchange: http://fortune.com/2018/02/15/blockchain-google-coinbase/

SEC guidance mentioning airdrops: https://www.sec.gov/files/dlt-framework.pdf

FinCen guidance mentioning hosted vs. unheated wallets: https://www.fincen.gov/sites/default/files/2019-05/FinCEN%20Guidance%20CVC%20FINAL%20508.pdf

Blockchain's Airdrop of XLM: https://www.theblockcrypto.com/2018/11/06/stellar-is-airdropping-125-million-to-blockchain-wallet-users/

The Wall Street exodus from crypto: https://www.crowdfundinsider.com/2019/01/143834-is-the-exodus-from-wall-street-to-crypto-reversing-jamie-selway-leaves-blockchain/

Jun 04, 2019
Kin Sets Up $5 Million DefendCrypto.org to Take on the SEC - Ep.121
01:11:07

Ted Livingston, CEO of Kik and the founder of the Kin Foundation, and Patrick Gibbs, partner at Cooley, announce the formation of the $5 million DefendCrypto.org fund at Coinbase Custody to fight the SEC in court. Kik and Kin are hoping that a lawsuit would eventually result in a new Howey test for crypto tokens, to determine which ones are a security. In this episode, they explain has happened so far between them and the SEC to bring them to this point and what their main arguments are. Plus they defend themselves against some of the evidence against their case and we discuss what they can expect going forward.

Read the full show notes on Forbes.com: http://www.forbes.com/sites/laurashin/2019/05/28/kin-launches-5-million-defendcrypto-fund-to-take-on-the-sec/

Thank you to our sponsors!

Kraken: Https://www.kraken.com

CipherTrace: http://ciphertrace.com/unchained

Episode links:

DefendCrypto: https://www.defendcrypto.org

Kik: https://www.kik.com

Kin: https://www.kin.org

Ted Livingston: https://twitter.com/ted_livingston

Patrick Gibbs of Cooley: https://www.cooley.com/people/patrick-gibbs

Kik’s Wells response: https://www.kin.org/wells_response.pdf

Kin white paper: https://www.kin.org/static/files/Kin_Whitepaper_V1_English.pdf

The DAO report: https://www.sec.gov/litigation/investreport/34-81207.pdf

Kathryn Haun of A16z Crypto's blog post: https://a16z.com/2019/05/15/kik-and-the-sec-whats-going-on-and-what-does-it-mean-for-crypto/

Importance of the Kik and Kin Foundation case by the Blockchain Association:  https://medium.com/@BlockchainAssoc/the-potential-kik-and-the-kin-foundation-case-has-major-consequences-for-the-open-blockchain-de8ed616a1c

Breaker Mag on Kik's fight with the SEC: https://breakermag.com/how-kiks-looming-sec-fight-could-unfold-and-why-it-will-define-blockchains-future/

Video of Ted at the San Francisco Meetup: https://youtu.be/rqN7srwqRf8

https://www.theblockcrypto.com/2019/01/31/video-shows-kik-ceo-discussing-ico-pre-sale-it-will-become-super-valuable/

Kik chooses Stellar: https://www.coindesk.com/two-chains-no-more-kik-selects-stellar-over-ethereum-for-crypto-token-launch

Kik chooses Stellar and Ethereum: https://www.coindesk.com/ethereum-and-stellar-mobile-messenger-kik-embraces-two-blockchains

Next Web story: https://thenextweb.com/hardfork/2018/12/06/kik-kin-cryptocurrency-blockchain-2/

Kik pre-sale: https://www.coindesk.com/mobile-messenger-kik-raises-50-million-ahead-75-million-ico

https://www.coindesk.com/why-big-investors-are-betting-real-money-on-a-kik-cryptocurrency

SEC Framework: https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets

Token Taxonomy Act: https://medium.com/@BlockchainAssoc/the-token-taxonomy-act-is-back-and-we-need-it-more-than-ever-d2cbf0154776

May 28, 2019
How to Trade on Crypto Exchanges Without Fear of Hacks - Ep.120
01:07:47

Sharon Goldberg, CEO of Arwen and Boston University computer science professor, describes how the protocol enables people to trade on crypto exchanges without making their coins vulnerable to exchange hacks, how this differs from trading on a decentralized exchange, and how Arwen would function if the exchange you were using on was hacked during a trade. She also discusses how Arwen works with any custody solution, how they choose which coins to support and what other features they