Listen Now

Cobie, co-founder of Lido and UpOnlyTv, and Chris Burniske, partner at Placeholder Ventures, talk about surviving a crypto bear market, the Terra collapse, lessons they’ve learned from their mistakes, and much more. Show highlights: whether Chris and Cobie think crypto is in a bear market why Chris says these are the times to buy what effect the Terra debacle will have on the crypto industry why Chris was expecting UST to blow up why Chris thinks there is going to be another massive liquidation event whether an algo stablecoin could work why bear markets are sometimes a good thing how USDT was stress tested and proved its resilience how macro is affecting the crypto space and what the role of the Fed is when will we see the bottom of this bear market how meme coins are the symptoms of a broken system why this crypto cycle is different whether regulations are helping VCs rather than the retail investors why risky assets are the ones that could increase 10,000x  whether the future of crypto is multichain or not how developers signal what ecosystem is going to win in the next expansion cycle whether Cobie thinks staking is dying how Chris judges market bottoms and tops what lessons Cobie and Chris have learned from their mistakes what innovations will catalyze the next bull cycle what needs to happen in the future for crypto to succeed Thank you to our sponsors!   Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021 Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance     Episode Links   Cobie Twitter: https://twitter.com/cobie  UpOnlyTv: https://uponly.tv/ Substack: https://cobie.substack.com/ L1 trading: https://cobie.substack.com/p/trading-the-metagame?s=r Death of staking: https://cobie.substack.com/p/apecoin-and-the-death-of-staking?s=r Token unlocks: https://cobie.substack.com/p/on-the-meme-of-market-caps-and-unlocks?s=r Cycle Tweets: Why “the next cycle” reasoning scares him https://twitter.com/cobie/status/1524965475813568512 What projects will survive the bear https://twitter.com/cobie/status/1469253171885318146 His call to “buy” on March 12 2020 https://twitter.com/cobie/status/1238282793244860417 Which VCs will win https://twitter.com/cobie/status/1515667977118826500    Chris Burniske LinkedIn https://www.linkedin.com/in/burniske/ Twitter https://twitter.com/cburniske Previous Unchained episode https://unchainedpodcast.com/chris-burniske-a-blank-slate-of-state/ https://unchainedpodcast.com/chris-burniske-of-placeholder-on-the-downsides-of-icos/ https://unchainedpodcast.com/want-to-diversify-your-portfolio-try-bitcoin-say-arks-chris-burniske-and-coinbases-adam-white/ https://unchainedpodcast.com/how-to-value-a-crypto-asset/ Cycle Tweets Feb 2022 bear call https://twitter.com/cburniske/status/1495468570708426754 March 2022 bear call https://twitter.com/cburniske/status/1523021991619428352  November 2021 top call https://twitter.com/cburniske/status/1457884538806308868  DCA advice https://twitter.com/cburniske/status/1525906152881459200 https://twitter.com/cburniske/status/1500593438433021952  What could knock the market further down https://twitter.com/cburniske/status/1525157945079496705 https://twitter.com/cburniske/status/1524260987787902978  2017 ATH calls https://twitter.com/cburniske/status/1524838447784947712 https://twitter.com/cburniske/status/1524524188366635008  Trying to time the bottom https://twitter.com/cburniske/status/1523573129431240710  Chris x Cobie Luna https://twitter.com/cburniske/status/1524280637431164929  Feeling sorry for people who have lost $ https://twitter.com/cburniske/status/1524267901456248832   Bear Market Content Dragonfly https://medium.com/dragonfly-research/to-all-dragonfly-founders-and-friends-1a65e68093d4 Sequoia advice ​​https://twitter.com/michellebailhe/status/1526373376142348288  Arthur Hayes buying BTC at $20K in wake of Terra https://entrepreneurshandbook.co/luna-brothers-inc-712ec5abe199 Financial comeuppance https://cryptohayes.medium.com/annihilation-4effdaf3c73f Paradigm (surviving crypto cycles) https://www.paradigm.xyz/2021/03/surviving-crypto-cycles Zhu Su on being a better role model for retail https://twitter.com/zhusu/status/1525045033216397312 Nick Tomaino on stopping relentless shilling https://twitter.com/NTmoney/status/1525234408910987264 Lot’s of talk about “suicide” in context of LUNA https://bitcoinist.com/luna-investors-suicidal-after-cryptos-collapse/ Helping smaller LUNA wallets first https://twitter.com/VitalikButerin/status/1525561624974700545  Punk6529 on surviving the bear market https://twitter.com/punk6529/status/1525565876711444484  Ian from Syndicate DAO on previous cycles https://twitter.com/ianDAOs/status/1524613312582799360  Best website for looking at token performance https://cryptorank.io/performance   Chris Burniske: Twitter: https://twitter.com/cburniske Placeholder VC: https://www.placeholder.vc/ Previous Unchained Coverage on Terra  Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/  Do Kwon on backing UST with BTC ​​https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST’s death spiral https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/  Jon Wu on how Terra got depegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Do Kwon on The Chopping Block https://www.youtube.com/watch?v=0xl8u7-KVwM 

Tascha Che, founder of Tascha Labs, unpacks the Terra/Luna debacle and reveals what she believes are the five main takeaways from its collapse. Here are some highlights from the show: how stablecoin issuers make money what caused Terra’s downfall why Tascha is bullish on algo stablecoins whether she believes undercollateralized stablecoins can work how fast market cap expansion without actual network effect equals death for stablecoins why she doesn’t believe a stablecoin’s network effects mean much for its success why small(er) stablecoins are better how blockchains mirror national economies  which stablecoins is Tascha excited about how FRAX is a stablecoin that resembles fiat currencies whether the UST collapse will affect the stablecoin development and further regulation how cross-chain agreements would be helpful for the stability of the crypto ecosystem Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021       Coinchange: https://coinchange.io  The Graph: https://thegraph.com/graphday    Episode Links   Tascha Che Twitter:  https://twitter.com/TaschaLabs Tascha Labs:  https://taschalabs.com/  Tascha’s thread on nonobvious lessons from the Terra fallout:  https://twitter.com/TaschaLabs/status/1526276308119932928?s=20&t=SCxfocBJoQqTEvCHadjYxA

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Kevin Zhou, the CEO of Galois Capital and long-time critic of UST, also joined the conversation. Show topics: the UST depeg and Terra collapse  Kevin on what it was like being one of the earliest naysayers of LUNA why Kevin believes that UST initially depegged and became a “fear cascade” how Galois Capital traded the UST depeg, from shorting LUNA to keeping their UST in Anchor until the last moment why Kevin was disappointed in the lack of transparency in how Luna Foundation Guard attempted to defend the UST peg the implications of UST’s collapse across the crypto and traditional financial markets  whether Terra’s decline will lead to more regulation in the crypto industry why Anchor was the “cancer” of the Terra system  why VCs are reticent to say something bad about protocols they don’t believe in why grifting is so much more prevalent in crypto  what Jump Trading had to do with the Terra collapse the difference between the way trading and VC firms interact with crypto the issues with the Terra 2 proposal without UST which chains are receiving the people leaving the Terra ecosystem  why Haseeb compared the collapse of UST to the collapse of the Soviet Union who Kevin believes should be reimbursed in the aftermath of the UST collapse how political considerations might affect how Terra continues to develop going forward why Terra NFTs were skyrocketing during the Terra meltdown whether crypto is in a bear or bull market Hosts   Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Robert Leshner, founder of Compound  https://twitter.com/rleshner    Guest Kevin Zhou, CEO of Galois Capital https://www.linkedin.com/in/kevin-zhou-82938324/    Previous Unchained Coverage   Nic Carter, Erik Voorhees, and Eric Wall on the collapse of UST https://unchainedpodcast.com/why-terra-collapsed-and-whether-an-algo-stablecoin-can-ever-succeed/  Do Kwon on backing UST with BTC ​​https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST’s death spiral https://unchainedpodcast.com/heres-why-usdn-depegged-from-the-dollar-and-why-ust-might-too/  Jon Wu on how Terra got depegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Do Kwon on The Chopping Block https://www.youtube.com/watch?v=0xl8u7-KVwM    Haseeb’s summary of the Terra collapse: https://medium.com/dragonfly-research/the-reign-of-terra-the-rise-and-fall-of-ust-208dabbc8e6e   Jon Wu’s write-up on the UST Depeg Article: https://www.notboring.co/p/terra-to-the-moon-and-back  Thread: https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw    Terra Background Info  Twitter: https://twitter.com/terra_money  UST Mechanics: https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c UST Bank Run: https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839 Speculation of a deliberate attack: https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r Do Kwon’s Proposed Terra’s Revival: https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/ Anchor: https://twitter.com/anchor_protocol  Terra 2.0: https://unchainedpodcast.com/do-kwon-has-a-new-plan-again/    LFG Purchases Luna Foundation Guard: https://lfg.org/team/ Pomp – the $10B Bitcoin Bet on Stablecoins https://pomp.substack.com/p/the-10-billion-bitcoin-bet-on-stablecoins?s=w 3/10 BTC purchase https://twitter.com/LFG_org/status/1503680315969060864  $1 BTC billion purchase https://twitter.com/terra_money/status/1496162889085902856  TFL x LFG relationship https://twitter.com/stablekwon/status/1502225674840555523    Galois Twitter threads https://twitter.com/Galois_Capital/status/1511455703642394628  https://twitter.com/Galois_Capital/status/151119893095193804   Tarun’s thoughts on algorithmic stablecoins https://twitter.com/Unchained_pod/status/1512465290910736391 

Nic Carter, general partner at Castle Island Venture, Eric Wall, former Chief Investment Officer of Arcane Assets, and Erik Voorhees, founder of ShapeShift, discuss what happened with the TerraUSD (UST) and LUNA fiasco, Do Kwon’s responsibility, the impact on the crypto ecosystem, and much more. Show highlights:  how Erik used to feel that algo stablecoins were impossible and why he changed his mind why Eric considers that the demand for UST was tied to a sh*tcoin why Nic didn’t think LUNA would work how a stablecoin could theoretically be decentralized whether Nic, Eric, and Erik think this was a deliberate attack why they think whether or not there was a deliberate attack is not even relevant how the de-peg started with a liquidity issue on Curve why Nic thinks that Terra’s biggest mistake was the 19.5% APY on Anchor whether pursuing a decentralized stablecoin is a worthy goal what aspects of UST were decentralized, according to Erik whether algo stablecoins are dead or whether in the future, death spirals of algo stablecoins can be avoided why Erik believes that everything in the crypto space is an experiment, even BTC what it says that the VCs behind Terra knew were so reputable why Do Kwon's arrogance and inexperience might have caused this chaos whether Terra can be rebuilt whether this collapse imposes risks on other blockchains and other assets why the Luna Foundation Guard’s purchase of Bitcoin might have made the UST collapse even worse what Erik thinks about the global financial system and the US dollar how this event could trigger more regulation in the crypto space and why it might hurt the entire ecosystem how regulators might use the Terra case to impose CBDCs.   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Coinchange: https://coinchange.io   Beefy Finance: https://beefy.finance       Episode Links   Erik Vorhees  Twitter: https://twitter.com/ErikVoorhees   Eric Wall Twitter: https://twitter.com/ercwl   Nic Carter Twitter: https://twitter.com/nic__carter   Previous Unchained Coverage of Terra Do Kwon on backing UST with BTC ​​https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST’s death spiral https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/  Jon Wu on how Terra got de-pegged: https://unchainedpodcast.com/did-someone-deliberately-attack-terra-luna-to-kick-off-a-death-spiral/ Terra Twitter: https://twitter.com/terra_money  UST Mechanics: https://angelprotocol.medium.com/how-does-ust-work-ec7b2f6e2c2c Luna Foundation Guard: https://lfg.org/team/ UST Bank Run: https://www.wsj.com/articles/crash-of-terrausd-shakes-crypto-there-was-a-run-on-the-bank-11652371839 Speculation of a deliberate attack: https://onchainwizard.substack.com/p/how-to-make-800m-in-crypto-soros?s=r Do Kwon’s Proposed Terra’s Revival: https://www.coindesk.com/tech/2022/05/13/do-kwon-proposes-restart-of-terra-blockchain-as-ust-luna-plummet/ Terra Blockchain Halted: https://www.coindesk.com/business/2022/05/12/luna-issuer-terra-halts-blockchain-after-week-of-losses/ Upcoming Regulation https://www.protocol.com/bulletins/terra-stablecoin-loses-peg https://www.theblockcrypto.com/linked/146583/yellen-says-the-stablecoin-market-is-still-too-small-to-pose-systemic-risk

Jon Wu, head of growth at Aztec Network, recaps a historically chaotic week in the Terra ecosystem that saw $UST depeg, Anchor depositors flee, and $LUNA fall 99%. Show highlights: how $UST, $LUNA, Luna Foundation Guard (LFG), and Anchor Protocol are supposed to work why Jon compares the Terra blockchain with VISA, LFG with the Fed, and Do Kwon with Jerome Powell how a previous $UST de-peg foreshadowed this week’s dystopian price action how a bitcoin short seemed to have kickstarted $UST’s depeg and why Jon thinks it was a deliberate attack why Luna Foundation Guard originally purchased Bitcoin – and how that plan backfired and made the Terra death spiral even more violent why $UST had such low liquidity this week – making it more susceptible to a bank run what Jon’s predictions are for $UST and $LUNA going forward what were the reasons behind Terra halting why Jon does not think this will be the end of algorithmic stablecoins why Jon thinks this should not affect ETH directly, even though there is a high amount of staked ETH in the Terra ecosystem   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Coinchange: https://coinchange.io      Episode Links   Jon Wu Twitter https://twitter.com/jonwu_   Jon’s Write-Up on the UST Depeg Article: https://www.notboring.co/p/terra-to-the-moon-and-back  Thread: https://twitter.com/jonwu_/status/1523793482850050048?s=20&t=lvB1zdz98wu5TE5emh4fCw    Previous Unchained Coverage of Terra Do Kwon on backing UST with BTC ​​https://unchainedpodcast.com/do-kwon-is-backing-ust-with-bitcoin-and-heres-what-else-he-is-building/ Kevin Zhou on the risk of UST’s death spiral https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/    Terra: Terra proposal to accelerate the burn of UST and increase the base pool: https://station.terra.money/proposal/1164  https://www.theblockcrypto.com/post/146254/terraform-labs-ceo-do-kwon-unveils-plan-to-restore-ust-peg Terra halting the network: https://twitter.com/terra_money/status/1524785058296778752?s=20&t=FUJkFuN8PyxRoF9TCPgrGg Terra going live again: https://twitter.com/terra_money/status/1524812171179327488?s=20&t=FUJkFuN8PyxRoF9TCPgrGg Regulatory risks: https://www.theblockcrypto.com/post/146426/the-sec-has-already-sued-terraform-labs-it-has-every-reason-to-investigate-ust-lawyers-say    Other Recaps on Terra:  CoinDesk on how Do Kwon was behind previous algorithmic stablecoin: https://www.coindesk.com/tech/2022/05/11/usts-do-kwon-was-behind-earlier-failed-stablecoin-ex-terra-colleagues-say/  Rekt: https://rekt.news/luna-rekt/

Kain Warwick, founder of Synthetix, and Ben Jones, cofounder and chief scientist at Optimism Foundation, discuss the current state of Ethereum Layer 2s, Optimism’s new governance structure, why Synthetix chose to build on Optimism, and more. Show topics: what Optimism and Synthetix are how zero-knowledge rollups differ from optimistic rollups why Synthetix decided to build on Optimism what makes L2s more enticing to build on than other L1s how Optimism’s governance is going to change with the launch of the Optimism Collective and OP token what issues Synthetix has had with Discord governance and early token voting, and how they have now solved this by forcing users to consolidate wallet addresses what retroactive public goods funding is and how it could create a “flywheel” of development on Optimism why whales might be excluded from Optimism’s token grant to Synthetix why Ben thinks the future is about the “superchain” rather than multi-chain  what Kain and Ben think about bridging between L2s and Mainnet why Optimism is a staunch backer of EIP 4844 how the merge could affect Optimism and Synthetix Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/    Episode Links   Guests Ben Jones: https://twitter.com/ben_chain Kain Warwick: https://twitter.com/kaiynne    Synthetix https://twitter.com/synthetix_io   Optimism https://twitter.com/optimismPBC    Optimism Collective https://optimism.mirror.xyz/gQWKlrDqHzdKPsB1iUnI-cVN3v0NvsWnazK7ajlt1fI    Synthetix Launching on Optimism https://blog.synthetix.io/optimism-launch-announcement/    Synthetix Governance https://docs.synthetix.io/governance/    Kain’s Blog https://blog.synthetix.io/author/kain/    Rollups What are the biggest risks to optimistic rollup chains? https://vitalik.ca/general/2021/01/05/rollup.html#:~:text=Anatomy%20of%20a%20fraud%20proof  What is the difference between optimistic and ZK rollups? And why did Synthetix choose Optimism? https://blog.matter-labs.io/optimistic-vs-zk-rollup-deep-dive-ea141e71e075    EIP 4844 https://eips.ethereum.org/EIPS/eip-4844 https://www.eip4844.com/   The Merge https://unchainedpodcast.com/why-ethereums-merge-was-delayed-and-why-it-wont-reduce-gas-fees-much/    Kain’s previous Unchained appearances Ethereum killers episode https://unchainedpodcast.com/how-solana-and-binance-smart-chain-could-take-ethereums-lead/ How Synthetix became the second-largest DeFi platform https://unchainedpodcast.com/how-synthetix-became-the-second-largest-defi-platform/ DeFi summer https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/    Optimism’s Bridging Solution https://twitter.com/optimismPBC/status/1517548430297604096 

Eric Golden, the owner of BAYC #7560 and host of Web3 Breakdowns, discusses the Otherdeed NFT drop that stalled Ethereum and burned over $150 million worth of ether. Show topics: what the Otherdeed mint is  Why Yuga Labs had buyers undergo a know-your-customer process in order to mint the NFTs why Eric was pretty certain a gas war was imminent in the hours leading up to the mint how KYC’d addresses played into the Otherdeed mint what Eric thought about Yuga Labs’s decision to scrap a Dutch auction in favor of a flat minting price why Eric does not believe Yuga Labs purposefully botched their smart contract, as many in the Ethereum community alleged why Eric was frustrated with Yuga Labs’s response on Twitter to the mint  why Eric does not think Otherside needs its own chain what effect the Otherdeed mint is having on other Yuga Labs-adjacent assets like ApeCoin and Bored Ape Yacht Club what Kodas are and why they are trading for tens of thousands of dollars why Eric is confident that Yuga Labs is well-positioned to follow through on their promises to build out a metaverse game Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Coinchange: https://coinchange.io      Episode Links   Eric Golden https://twitter.com/ericgoldenx   Otherside https://otherside.xyz/   Otherdeed License ​​https://otherside.xyz/license Punk6529 thread: https://twitter.com/punk6529/status/1520697396119879680  CryptoGarga saying at least one term in the license would be changed:  https://twitter.com/CryptoGarga/status/1520818410149617666    Otherdeed Yuga Labs’ response to the sale: https://twitter.com/yugalabs/status/1520612362986078208  NFTs: https://opensea.io/collection/otherdeed  Canceling the Dutch auction https://www.theblockcrypto.com/linked/144298/yuga-labss-otherside-scraps-dutch-style-auction-for-nft-sale  0xcrumbs’s tweet showing there was more demand than supply: https://twitter.com/0xCrumbs/status/1520559050592817152?s=20&t=ngPe9YzByzwJbMa_N1hThw CoinDesk coverage: https://www.coindesk.com/business/2022/05/01/bayc-team-raises-285m-with-otherside-nfts-clogs-ethereum/ https://www.coindesk.com/layer2/2022/05/04/the-yuga-labs-catastrophe-could-have-been-prevented/    Smart Contract Conversation Will Papper: https://twitter.com/WillPapper/status/1520592312379658241 Vitalik Buterin:  ​https://twitter.com/VitalikButerin/status/1520621813209784321    Kodas https://medium.com/@jseid212/koda-rarity-ranking-the-newest-creatures-in-the-yuga-lab-ecosystem-9e6adba0ab68 

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Andre Cronje, the recently retired (sort of) DeFi developer, also joined the conversation. Show topics: why being doxxed led to Andre retiring (sort of) from crypto Andre’s response to Robert who calledl his departure from DeFi “an epic rug pull”  why Andre is back – and why he is working on “regulated” crypto products how the Otherside KYC’d NFT drop was an “absolute fail” where identity fits into the crypto space and why traditional and DeFi institutions alike are interested in the identity of their users Dalle 2 why the Bored Ape community likely sees the Yuga Labs Otherdeed NFT sale as a turning point why Robert would compare buying a BAYC NFT last year to purchasing BTC in 2010 main takeaways from Solana’s seven-hour outage and why designing a mempool (or multiple) is critical for the chain     Hosts   Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Robert Leshner, founder of Compound  https://twitter.com/rleshner    Guest Andre Cronje, DeFi OG https://www.linkedin.com/in/andre-cronje    Show Topics   Andre Cronje’s Retirement https://unchainedpodcast.com/this-defi-og-is-leaving-crypto/ Andre Cronje’s return to regulated crypto https://andrecronje.medium.com/crypto-regulation-vs-regulated-crypto-aae56b36dcd8  Solana outage  https://www.theblockcrypto.com/linked/144639/solana-restarted-after-seven-hour-outage-caused-by-surge-of-transactions https://twitter.com/0xEdgar/status/1521188981538537472 https://github.com/metaplex-foundation/metaplex-program-library/pull/417 Yuga Labs rakes in $317MM from the sale of Otherside land NFTs and causes huge congestion on Ethereum. https://www.theblockcrypto.com/linked/144549/otherside-land-nfts-sell-out-in-hours-as-yuga-labs-rakes-in-317-million

André Allen Anjos, who is better known as the crypto-friendly artist RAC, and David Greenstein, co-founder of Sound.xyz, a web3 music platform, analyze the current state of the web3 music scene and discuss how artists can leverage web3 tools to get paid at fair market value for their art.  Show highlights: RAC’s experience in the traditional music industry why David believes music is the most undervalued sector in the world – and how Sound and crypto can help value it correctly the different types of NFTs with which musicians like RAC are experimenting what Sound.xyz is and how it is helping artists unlock their fanbase and community why David is so passionate about creating a social experience when it comes to music NFTs Sound.xyz’s decision to allow artists to deploy their own smart contracts what RAC has made in NFT drops compared to Spotify streams why Sound.xyz was built with “editions” as the most common format for NFTs sold on the platform what makes blockchain technology well-suited for the music industry RAC’s crypto adventures: $TAPE, $RAC, and more … how the famous “Amen Break” sample would work as an NFT what artists will be measured by in the NFT world   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/    Episode Links   David Greenstein LinkedIn: https://www.linkedin.com/in/davidgreenstein/ Twitter: https://twitter.com/dgreenstein1?lang=en RAC Twitter: https://twitter.com/RAC Website: https://rac.fm/ Crypto Adventures RAC Token https://etherscan.io/address/0xc22b30e4cce6b78aaaadae91e44e73593929a3e9 https://v2.info.uniswap.org/pair/0xf744417d0a5fd18b5b18726ce1b48f931dfa32ea https://blog.ourzora.com/home/introducing-rac https://www.billboard.com/pro/rac-nfts-social-token-platform-racos-web3/ Music NFTs (w/ Sound.xyz embeds) https://rac.fm/nfts Discord https://discord.com/invite/rac Tokenized cassette tape https://www.theblockcrypto.com/post/64760/ethereum-tokenized-cassette-dj-rac-zora-grammy Sound.xyz Website https://www.sound.xyz/ FAQs https://soundxyz.notion.site/soundxyz/Frequently-Asked-Questions-1-0e39e44edccb42f8b3c3ca5d93c703a9 Recent raise https://techcrunch.com/2021/12/15/sound-xyz-raises-5m-from-a16z-to-explore-how-web3-can-upend-the-economics-of-the-music-business/ Recent drops that are fun Bored Ape Yacht Club Band https://www.sound.xyz/boredbrothers/drip Snoop Dogg https://twitter.com/soundxyz_/status/1516896676077744128 https://twitter.com/SnoopDogg/status/1516481234464960513 Music NFT Content Good overview: https://momentranks.com/blog/music-nfts-explained-transforming-music-sales https://twitter.com/MonsterDaoNFT/status/1517164757534580736 https://twitter.com/fascinated/status/1516539250661117966 Cooper Turley Content Weekly blog https://thisweekinmusicnfts.mirror.xyz/ Music NFT tweets https://twitter.com/Cooopahtroopa/status/1516598888114831360 https://coopahtroopa-eth.medium.com/musicians-meet-audio-nfts-aa495cfd2996 https://twitter.com/Cooopahtroopa/status/1460062843244408833 https://twitter.com/Cooopahtroopa/status/1469789186131587073 https://twitter.com/Cooopahtroopa/status/1475609928865705988 RAC Content: ETH royalties compared to Spotify https://twitter.com/RAC/status/1516578113634725890 https://twitter.com/RAC/status/1517168623772602368 RollingStone profile https://www.rollingstone.com/pro/features/rac-future-25-1179443/ Likes the 1/100 NFT drop https://twitter.com/RAC/status/1516178179886510083 Coinbase listing of RAC? https://blog.coinbase.com/increasing-transparency-for-new-asset-listings-on-coinbase-e06f2edb095e How the Sinners drop would have worked over time https://twitter.com/RAC/status/1512560530761809921 Thoughts on music NFT metrics https://twitter.com/RAC/status/1509213081594855425 Royal https://twitter.com/join_royal Jesse Walden write-up on Sound.xyz https://twitter.com/jessewldn/status/1471148257892044812  

Chris Perkins, president of CoinFund, a web3 investment firm, discusses his experience at the Crypto Bahamas conference before diving into an FTX.US proposal that would allow for direct trading of crypto derivatives in the US – which appears to be rocking the boat of certain regulators in D.C. Show topics: Chris’s two biggest takeaways from his Crypto Bahamas experience how Chris’s experience at Lehman Brothers and Citi prepared him for crypto  what issues arise via the plumbing of traditional financial markets why centralized intermediaries make derivatives trading efficient what FTX.US is proposing and how it could be a boon for retail traders how crypto settlement would work compared to the current batch trading method why the acquisition of LedgerX enabled FTX.US to make this proposal what license FTX.US feels like it no longer needs since it can settle derivative transactions on a blockchain whether FTX.US would expand to other derivatives and what that might do to an entity like CME what Chris is listening for in the CFTC’s public discussion surrounding FTX.US’s proposal  whether FTX.US’s proposal will be a partisan issue Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021      Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/  Galaxis: https://galaxis.xyz/    Episode Links   Chris Perkins LinkedIn:  ​​https://www.linkedin.com/in/christopher-perkins-092569a/ Twitter:  https://twitter.com/perkinscr97  CoinFund:  ​​https://twitter.com/coinfund_io    Coverage of the FTX.US Proposal Bloomberg: https://www.bloomberg.com/news/articles/2022-04-21/crypto-billionaire-rankles-wall-street-with-futures-trading-plan?sref=m9L277rN  Forbes: https://www.forbes.com/sites/jasonbrett/2022/04/27/the-ftx-us-proposal-that-shook-congress-and-the-crypto-derivatives-world/ The Block: https://www.theblockcrypto.com/linked/143792/as-it-weighs-ftx-proposal-cftc-announces-a-roundtable-on-disintermediation  https://www.theblockcrypto.com/post/137304/cftc-opens-up-ftx-uss-derivatives-trading-model-to-public-comment  https://www.theblockcrypto.com/linked/140026/ftx-derivatives-proposal-takes-center-stage-at-congressional-hearing-with-cftc-chairman  CoinDesk https://www.coindesk.com/business/2022/03/10/ftxus-derivatives-unit-seeks-cftc-amendment-to-clear-margin-trades-directly-for-customers/ https://www.coindesk.com/video/recent-videos/ftx-us-to-meet-with-cftc-regarding-derivatives-trades/  Public comment:  https://www.theblockcrypto.com/post/137304/cftc-opens-up-ftx-uss-derivatives-trading-model-to-public-comment May roundtable:  https://www.cftc.gov/PressRoom/PressReleases/8519-22 https://www.coindesk.com/policy/2022/04/19/ftx-plan-said-to-face-cftc-roundtable-next-month/ https://www.theblockcrypto.com/linked/143792/as-it-weighs-ftx-proposal-cftc-announces-a-roundtable-on-disintermediation CME opposition to proposal:  ​​https://www.marketsmedia.com/cme-to-oppose-ftx-clearing-proposal/   Unchained Coverage of FTX.US and LedgerX 2021: https://unchainedpodcast.com/why-the-ftx-us-ledgerx-deal-indicates-crypto-ma-might-start-booming/  2019: https://unchainedpodcast.com/ledgerx-on-the-reasons-to-trade-bitcoin-options/ 

Amy Wu, head of FTX ventures and gaming initiatives, discusses her role at FTX, what problems need to be addressed in the web3 gaming world, and her thoughts on APE and Yuga Labs as a board member of Apecoin DAO and investor in Yuga Labs. Show highlights: what Amy does at FTX how her background investing in gaming prepared her for her role at FTX Amy’s vision for FTX’s gaming studio how FTX is helping gaming studios get into web3 and NFTs why Amy thinks blockchain games are the evolution of the ‘free to play’ gaming archetype what best practices Amy believes web2 companies should implement when transitioning into web3 gaming why there is so much backlash against traditional companies incorporating NFTs (hint: it’s not just about environmental concerns) how FTX Ventures is looking to deploy capital and why it is so interested in Korea and India, specifically why Amy thinks the L1 wars will end with just a few winning chains why “consumer products” are going to be more important than high throughput blockchains in onboarding the next billion users what Amy’s role as a board member of Apecoin DAO is like what Amy thinks about APE and Yuga Labs trends for the rest of 2022: social media, dating apps, and more…   Tickets to the Cryptopians Book Clubs Go on Sale Today at 1pm ET! Today, Tuesday, April 26, at 1pm Eastern Time, we will sell the NFT tickets to five book clubs to discuss my book, The Cryptopians. All the book clubs, which are 90 minutes and limited to 22 participants each, will be hosted by me and will take place on my Discord from May 2nd to May 10th. The sale will will take place on Bitski: bitski.com/@laurashin/created   The dates and times for the book clubs are:  Monday, May 2, at 8 pm ET  Tuesday May 3, at 1pm ET with Lefteris Karapetsas, Griff Green, and Christoph Jentzsch of the DAO Thursday, May 5, at 12pm Monday, May 9, at 12pm ET with Andrey Ternovskiy of Chatroulette Tuesday, May 10, at 3pm ET   Again, the link for the sale is at https://www.bitski.com/@laurashin/created.    Also, join me for a Twitter Spaces, hosted by Bitski (https://twitter.com/bitski), at 12pm ET today.    Unchained Is Hiring!  Find out information on the three openings at Unchained and how to apply here:  part-time remote social media marketing manager:  https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/a   Thank you to our sponsors! Ether Cards: https://galaxis.xyz Cross River Bank: https://crossriver.com/crypto Beefy Finance: https://beefy.finance Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021   Episode Links   Amy Wu LinkedIn: https://www.linkedin.com/in/amytongwu/  Twitter: https://twitter.com/amytongwu    Roles FTX Gaming https://twitter.com/amytongwu/status/1495834891858100232 Apecoin DAO Board https://twitter.com/amytongwu/status/1504238389737967622  FTX Ventures https://ventures.ftx.com/    FTX Stuff Going On NFT lounge at Coachella https://twitter.com/amytongwu/status/1515407892693745665 FTX Ventures x SuperteamDAO (India) https://twitter.com/ajm_ftx/status/1510339725059629058 Acquisition of Good Luck Games https://twitter.com/amytongwu/status/1506308327399063557 Backlash `https://kotaku.com/nft-crypto-blcckchain-storybook-brawl-card-f2p-steam-re-1848708120  FTX Africa https://twitter.com/amytongwu/status/1504095099873280005  Com2uS, a publicly-traded company, launched a token on FTX `https://twitter.com/amytongwu/status/1501675620832583684  FTX launch in Europe https://twitter.com/amytongwu/status/1500902895880974340 YGG India push for FTX https://twitter.com/amytongwu/status/1499075404887465994  FTX Future Fund https://ftxfuturefund.org/announcing-the-future-fund/  $400 million raise w/ plans for M&A’s https://www.bloomberg.com/news/articles/2022-01-31/bankman-fried-s-ftx-valued-at-32-billion-after-latest-round    Miscellaneous Blockchain gaming backlash https://www.vice.com/en/article/xgd78d/the-crypto-revolution-is-an-existential-crisis-for-video-games 

Peter Van Valkenburgh, director of research at Coin Center, discusses a proposed rule by the US Securities and Exchange Commission that has massive implications for the free-speech rights of crypto software developers in the US. Show highlights: why an SEC proposal changing the definition of “exchange” could violate the right to free speech of US crypto developers whether the SEC is going after DeFi on purpose – as its 200+ page proposal never mentions crypto or DeFi what precedent Peter has found that should prohibit the SEC from taking away software developers’ right to free speech how Peter and Coin Center structured their recent letter of comment to the SEC what the next steps (such as a lawsuit?) should be for the crypto community if the rule goes into effect  why writing software is part of someone's right to free speech what implications the proposed rule could have on AMMs what happens next: when could the rule be put into place? Unchained is hiring!  Find out information on the three openings at Unchained and how to apply here:  part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/ Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests.    The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/  Galaxis: https://galaxis.xyz/   Episode Links   Peter Van Valkenburgh Coin Center profile: https://www.coincenter.org/people/peter-van-valkenburgh/ Twitter:  ​https://twitter.com/valkenburgh    The SEC Proposal Proposal: ​https://www.sec.gov/news/press-release/2022-10#  Comments on the proposal: https://www.sec.gov/comments/s7-02-22/s70222.htm  Coin Center’s/Peter’s comment: https://www.coincenter.org/a-new-sec-proposal-has-a-serious-change-hidden-within-its-complex-language/ Coin Center blog on its comment: https://www.coincenter.org/a-new-sec-proposal-has-a-serious-change-hidden-within-its-complex-language/  Gabriel Shapiro’s comment: https://twitter.com/lex_node/status/1516079145213739013 

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. On this episode, Laura Shin, the host of Unchained and author of The Cryptopians, also joined the conversation. Show topics: how people have responded to The Cryptopians why traditional publishers were reticent to publish the story revealing the alleged DAO attacker’s identity what lessons can be learned from North Korea’s alleged involvement in the Ronin bridge exploit what zero-knowledge proofs work and how a miscalculation in a whitepaper almost caused major issues in the crypto world this week how math proofs and reporting specifications work in the crypto space why security engineers, like samczsun, are so hard to come by how an attacker was able to steal ~$80 million from Beanstalk in a governance attack  @hosseeb vs. @haseeb  the difference between being in crypto and covering it as a journalist – and why Laura sees herself as more a “referee” than a participant in the crypto space whether DeFi hackers can actually cash out of their positions why Tarun is worried about Ethereum’s security in the wake of the merge being delayed even further what staking derivatives are, and how traditional are using Lido to lever up why traditional funds getting into crypto has Tarun worried about Anchor  why the guys think Cosmos is more popular than Polkadot Episode Links   Hosts Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Laura Shin, the crypto referee https://twitter.com/laurashin    Helpful Information North Korea’s interest in crypto:  https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/  The Merge delayed https://unchainedpodcast.com/why-ethereums-merge-was-delayed-and-why-it-wont-reduce-gas-fees-much/  https://bitcoinist.com/ethereum-merge-headed-for-another-delay/ https://twitter.com/korpi87/status/1513459657381068812 Beanstalk rekt for $180M https://www.theblockcrypto.com/linked/142272/ethereum-based-stablecoin-protocol-beanstalk-loses-more-than-80-million-to-exploit Crazy attack using flash loans to insta-ship governance proposals: https://rekt.news/beanstalk-rekt/ https://twitter.com/kelvinfichter/status/1515735718840184835    The Cryptopians   http://bit.ly/cryptopians    UST and Anchor worries   https://unchainedpodcast.com/heres-why-usdn-de-pegged-from-the-dollar-and-why-ust-might-too/   Lido and centralization   https://www.suresats.com/post/ethereum-s-centralization-dilemma-through-lido-staking   Cosmos vs. Polkadot   https://medium.com/coinmonks/polkadot-vs-cosmos-which-one-is-the-best-246e67b25d6c    MakerDAO technical docs   https://docs.makerdao.com/   Zero-Knowledge explainer   https://www.notboring.co/p/zero-knowledge

Two policy experts, Chris Lehane, chief strategy officer at Haun Ventures, and Niki Christoff, the founder of Christoff and Co., discuss how the crypto industry has performed in Washington and how it can better educate more regulators and politicians about the technology. Show highlights:  Niki and Chris’ background how Niki and Chris would grade the performance of crypto companies in Washington what parallels Chris can draw between crypto in the 2020s and FAANG in the mid-90s whether having a plethora of crypto policy groups helps or hurts crypto in Washington whether calling politicians and regulators names and making memes of them helps or hurts the crypto industry an effective way crypto companies can prompt lawmakers and regulators to prioritize crypto policy why it can be strategically smarter to try to convince incumbents to adopt pro-crypto policy over supporting challengers why Chris thinks crypto could be a bipartisan topic what Chris and Niki think about the fact that Democratic candidates received more donations from people working in the crypto industry than Republicans did the three types of crypto users that are valuable to political candidates what Niki and Chris would tell Senator Elizabeth Warren about crypto if they were to meet with her today what effect crypto might have on midterms why the terminology native to crypto may have to change   Unchained is hiring!  Find out information on the three openings at Unchained and how to apply here:  part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/ Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests.    The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created   Here is the schedule:  Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at 7pm CET/1pm ET/10am PT with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green  Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021            Beefy Finance: https://beefy.finance     Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/   Episode Links   Chris Lehane LinkedIn: ​https://www.linkedin.com/in/chris-lehane-2562535/  Twitter: https://twitter.com/chrislehane  Joining Haun Ventures https://twitter.com/chrislehane/status/1506395461187354624      Niki Christoff LinkedIn: https://www.linkedin.com/in/nikichristoff/  Twitter: https://twitter.com/NikiChristoff    Miscellaneous Links Overview of crypto and politics https://www.citizen.org/article/capitol-coin-cryptocurrency-lobbying-revolving-door-report/  Biden’s executive order Thread of official statements: https://twitter.com/crypto_council/status/1501606327621197835 Fact sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/  Overview: https://www.cnbc.com/2022/03/09/heres-whats-in-bidens-executive-order-on-crypto.html  New bill from Senator Warren to crack down on sanctions evasion: https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/ DeFi Education Fund  https://medium.com/@defieducationfund Blockchain Association https://theblockchainassociation.org/news/  Crypto Council for Innovation https://twitter.com/crypto_council/

Tim Beiko, the Ethereum Foundation coordinator for core developers, discusses his recent estimation that Ethereum’s merge, where the network transitions from proof-of-work to proof-of-stake, will be delayed until the second half of 2022. Show topics: what the Ethereum merge is  why an upcoming difficulty bomb could force developers to delay the merge what shadow forks are and how they affect the decision to go forward with the merge how network difficulty is used in Ethereum to keep a balance between the blockchain and miners Tim’s (purposefully vague) timeline for the merge how the merge could increase Ethereum’s throughput by 9% – and thus potentially reduce gas fees slightly how the Ethereum Foundation plans to address gas fees and scaling issues post-merge Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests.    The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created   Here is the schedule:  Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at a time TBD with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green  Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs!   Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/  Galaxis: https://galaxis.xyz/   Episode Links   Tim Beiko Twitter: https://twitter.com/TimBeiko    Related Content Tim’s post on the merge FAQs: https://github.com/timbeiko/eth-roadmap-faq#merge-timelines Tim’s tweets from this week: https://twitter.com/TimBeiko/status/1514423985517203458  https://twitter.com/TimBeiko/status/1514010098145759232 Previous Unchained appearance discussing the merge and EIP 1559: https://unchainedpodcast.com/ethereums-eip-1559-will-solve-some-problems-but-big-ones-will-remain/  Shadow fork threads https://twitter.com/parithosh_j/status/1513129893235769346?s=20&t=w63Iw2RPkldNMnRS4PJdjA https://twitter.com/vdWijden/status/1513540976438091779  Unchained episode about how Ethereum 2.0 will work: https://unchainedpodcast.com/ethereum-2-0-what-you-need-to-know/ 

Stuart Levi, co-head of the Technology Transaction and Intellectual Property Group at Skadden Arps, and Marta Belcher, general counsel and Head of Policy at Protocol Labs, break down the legal issues surrounding NFTs specifically in the context of Yuga Labs’ recent purchase of CryptoPunks and Meebits IP rights. Show highlights: the definitions and differences between copyrights, trademarks, and rights of publicity (name, image, likeness) how NFT projects have evolved in the past 12-18 months and what that means for the rights of NFT holders why NBA Top Shot’s licensing model is the best model for famous brands entering the NFT space how the popularity of PFPs and the open-source ethos of crypto has led to confusion regarding the commercial rights of NFT holders what you are getting when you buy an NFT (hint, it’s not copyright) the misconceptions surrounding Yuga Labs’ acquisition of Crypto Punks and Meebits why Bored Ape Yacht Club NFT holders most likely cannot use the Bored Ape Yacht Club brand or logo what issues web3 projects face in getting NFT holders to accept terms and conditions why web3 projects should protect their trademark what a Creative Commons license is, and how it can be used in the NFT space what sort of licenses exist in the NFT space why secondary sales and transfers of NFTs pose such massive problems for copyright and trademark owners how marketplaces are handling terms and conditions what NFT projects can do to help the transfer of copyrights and trademarks   Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests.    The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created   Here is the schedule:  Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at a time TBD with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green  Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021            Beefy Finance: https://beefy.finance     Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/   Episode Link:   Marta Belcher https://www.linkedin.com/in/martabelcher  https://twitter.com/MartaBelcher    Stuart Levi https://www.linkedin.com/in/stuartlevi/ Content on NFT IP/Legal Issues Josh Durham on IP rights and NFTs https://lexdao.substack.com/p/protecting-your-nft-personal-property-rights?s=r Punk 6529 on CryptoPunks and Yuga Labs https://threadreaderapp.com/thread/1502595586960367617.html Decrypt on stolen IP https://decrypt.co/96637/nfts-have-a-problem-with-copyright-theft Why IP rights are meaningless https://twitter.com/nftlawguy/status/1509233036369416192 IP questions from DC Investor https://twitter.com/iamDCinvestor/status/1509187304027529222 The Copyright NFT bible https://medium.com/initc3org/copyright-vulnerabilities-in-nfts-317e02d8ae26  What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss https://unchainedpodcast.com/what-exactly-do-you-get-when-you-buy-an-nft-three-lawyers-discuss/   Difference between copyright and trademark ​​https://www.nerdwallet.com/article/small-business/trademark-vs-copyright  

Kevin Zhou, co-founder of Galois Capital, discusses a crazy week in the world of algorithmic stablecoins that saw USDN de-peg from the dollar and Terra unveil plans to create a new liquidity pool on Curve to strengthen UST. Show highlights: how USDN and Waves works what made USD de-peg why Kevin thinks algorithmic stablecoins fail so often what Kevin thinks about backing UST with BTC how 4pool works in the context of Curve Finance, 3pool, UST, Frax Finance, and Redacted Cartel why Kevin believes Anchor is the reason UST could de-peg what might happen to Terra and the crypto market writ large if UST were to de-peg why lowering yields on Anchor could depress LUNA’s price by 8x how UST and LUNA redemptions work Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/  Galaxis: https://galaxis.xyz/ Episode Links   Kevin Zhou LinkedIn: https://www.linkedin.com/in/kevin-zhou-82938324/  Galois Capital: https://twitter.com/Galois_Capital    UST Proposal https://agora.terra.money/t/ust-goes-interchain-the-4pool-and-redacted-cartel/5648 Why Terra would want to implement 4pool (in the context of the curve wars) https://twitter.com/CryptoHarry_/status/1510244225304117252  Do Kwon on trying to make DAI less relevant https://twitter.com/stablekwon/status/1511017532764803078  FXS price jump https://www.coindesk.com/markets/2022/04/04/frax-finances-fxs-jumps-as-terra-introduces-stablecoin-pool-4pool/  Galois Twitter threads https://twitter.com/Galois_Capital/status/1511455703642394628  https://twitter.com/Galois_Capital/status/1511198930951938049  UST vs LUNA market cap risk https://twitter.com/0xHamz/status/1506372692005593090  https://twitter.com/Galois_Capital/status/1511198930951938049  https://twitter.com/Galois_Capital/status/1507651829366145030  Why curve wars matter https://twitter.com/JackNiewold/status/1511484763630194699  Terraform Labs’ CEO Do Kwon’s appearance on Unchained https://www.youtube.com/watch?v=NMRbP_b4JXM  Anchor https://medium.com/@_0xfr/anchor-protocol-how-the-dev-team-rigged-liquidations-a188fb87a99f  USDN Recap of Waves x Alameda Drama https://thedefiant.io/waves-ftx-ponzi-accusations/  OG thread pointing out Waves market manipulation https://twitter.com/0xHamz/status/1509581295621451779  https://twitter.com/0xHamz/status/1502381061925261312  Waves founder blaming Alameda https://twitter.com/sasha35625/status/1510589983920656385 Governance proposal to kill Alameda’s short ​​https://unchainedpodcast.us19.list-manage.com/track/click?u=0085a41334b3edf854fd51f9b&id=2fb7761d5b&e=3c1178619e  

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news in the digital asset industry. Show topics: how social engineering was used in the $600 million+ Ronin bridge hack what bridge infrastructure needs to be built (note: if someone wants to build a cross-chain Etherscan, it sounds like Tarun would fund it) why the Inverse Finance hack impressed Tom how Open Zeppelin found and patched a $15 billion vulnerability for Convex Finance why transitioning to token governance might be an issue for Convex what made USDN de-peg why Tarun think algorithmic stablecoin creators are a little crazy the elegance of the Bitcoin whitepaper what their biggest takeaways from Elon Musk’s purchase of Twitter are why Tarun thinks FTX investing in IEX is actually a huge deal   Hosts Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Robert Leshner, founder of Compound  https://twitter.com/rleshner  Topics Covered Ronin hack https://www.bloomberg.com/news/articles/2022-03-29/hackers-steal-590-million-from-ronin-in-latest-bridge-attack https://decrypt.co/96811/nearly-7m-hacked-ronin-funds-sent-privacy-mixer-tornado-cash https://roninblockchain.substack.com/p/community-alert-ronin-validators?s=w More hacks: Inverse Finance, Convex Rugpull disclosure https://www.coindesk.com/tech/2022/04/02/defi-lender-inverse-finance-exploited-for-156-million/ https://twitter.com/bertcmiller/status/1510284763332071427 https://blog.openzeppelin.com/15-billion-rugpull-vulnerability-in-convex-finance-protocol-uncovered-and-resolved/ USDN Peg broken, drama ensues ​​https://www.theblockcrypto.com/post/140475/drama-erupts-around-the-waves-blockchain-project-and-trading-firm-alameda  https://www.coingecko.com/en/coins/neutrino-usd Why is Elon taking a stake in Twitter? https://decrypt.co/96809/dogecoin-cheerleader-elon-musk-takes-9-2-stake-in-twitter https://www.wsj.com/articles/twitter-to-name-elon-musk-to-its-board-of-directors-11649162614?mod=article_inline FTX purchasing a stake in IEX https://www.prnewswire.com/news-releases/ftx-us-and-iex-join-forces-to-help-shape-market-structure-for-digital-assets-301517550.html Lightning Labs' $70 million raise https://www.theblockcrypto.com/post/140560/lightning-labs-taro-protocol-stablecoins-fundraise  Gauntlet raises $23.8M led by Ribbit, now a Unicorn - congrats Tarun! https://cointelegraph.com/news/crypto-quant-firm-gauntlet-valued-at-1b-following-series-b

Mike Brock, general manager of TBD at Block, discusses how TBD’s yet-to-be-released DEX is structured, explains why he thinks decentralized solutions do not necessarily need blockchains, and tells the humorous story about how Jack Dorsey convinced him to start working on a Bitcoin project. Show highlights: what TBD is and what its relation to Block (formerly Square) is how TBD differs from Spiral, another Block-based Bitcoin firm how tbDEX works and why building on-ramps and off-ramps to crypto is so important who will be supplying the liquidity for tbDEX why Mike is passionate about creating digital identity infrastructure how tbDEX will incorporate digital identity tooling into its protocol what Mike thinks about Vitalik Buterin’s misgivings concerning tbDEX’s design why Mike fell down the rabbit hole (thanks Jack Dorsey) what lessons Mike learned at CashApp that he is using at TBD which stablecoin TBD will be working with why Mike is not a believer in DeFi why tbDEX (or, seemingly, other TBD products) will not utilize tokens Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021            Beefy Finance: https://beefy.finance     Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/ Episode Links   Mike Brock Twitter; https://twitter.com/brockm  LinkedIn: https://www.linkedin.com/in/mike-brock-9030813/  Introduction to TBD: https://twitter.com/brockm/status/1415795490914856961    TBD Twitter: https://twitter.com/tbd54566975?lang=en  GitHub: https://github.com/TBD54566975/tbdex-whitepaper  Whitepaper https://tbd54566975.ghost.io/introducing-tbdex/  https://tbdex.io/whitepaper.pdf  Careers: https://block.xyz/careers?search=tbd  Other Origin of name: https://twitter.com/TBD54566975/status/1424818221652324355  Vitalik’s reticence: https://cryptopotato.com/vitalik-buterin-tells-how-jack-dorseys-tbd-might-build-the-bitcoin-dex/    Other Topics Spiral (lightning development). Brock helped set up Spiral.  Twitter: https://twitter.com/spiralbtc  Website: https://spiral.xyz/  CashApp Impressive BTC revenue: https://decrypt.co/93793/block-bitcoin-earnings-cash-app-hit-nearly-2-billion-q4  Lightning network: https://blockworks.co/cash-app-integrates-lightning-network-for-bitcoin-payments/ Aaron Levie https://twitter.com/levie 

Arjun Bhuptani, founder of Connext and bridging expert, breaks down the Ronin bridge exploit that led to a hacker stealing $600 million+ and discusses different bridge designs that could limit future attacks. Show highlights: how a hacker was able to drain more than $600 million from Ronin bridge the difference between DeFi hacks and the Ronin bridge exploit, which was a social-engineering based attack why multisig bridges are susceptible to social engineering attacks why Arjun believes the Ronin hacker is a sophisticated entity whether Sky Mavis will be able to reimburse users the different attack vectors for cross-chain bridges what Arjun thinks about different bridge designs Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021     Coinchange: https://coinchange.io    OnJuno: https://onjuno.com/    Episode Links Arjun Bhuptani Twitter: https://twitter.com/arjunbhuptani    Ronin Hack Latest update from Ronin https://twitter.com/Ronin_Network/status/1509284549020188672  https://twitter.com/Psycheout86/status/1509134627319033863  Community alert explaining the hack: https://roninblockchain.substack.com/p/community-alert-ronin-validators?s=w Etherscan of the hack taking place https://etherscan.io/address/0x098b716b8aaf21512996dc57eb0615e2383e2f96 Reactions Mudit Gupta – the hacker is sophisticated https://twitter.com/Mudit__Gupta/status/1508868214075310091 Arjun Bhuptani – why multisig bridges are vulnerable https://twitter.com/arjunbhuptani/status/1508861771595059205 https://twitter.com/arjunbhuptani/status/1508861771595059205  Ed Zitron – social engineering https://ez.substack.com/p/the-infinite-exploitation-of-cryptocurrency Information on Ronin https://twitter.com/joel_john95/status/1486809221962289154  Why bridging is hard https://blog.connext.network/the-interoperability-trilemma-657c2cf69f17  Arjun’s latest article on Optimistic bridges https://twitter.com/arjunbhuptani/status/1509582024104939523?t=4HCssiWfO5v65ehXRnWL3A&s=19