Matt and Nic are back for another week of news and deals. In this episode: Nic's Columbia scandal Stablecoin growth ETH Foundation subpoena from the SEC ETH ETF prospects Blackrock releases their tokenized Treasury product with Securitize Are private blockchains obsolete? Fidelity amends their ETH ETF prospectus to add staking Japan's pension fund is learning about Bitcoin More GBTC outflows More bad boys Kyle Davies wants a debate Content mentioned: Brian Armstrong, What is crypto good for, any...
Mar 22, 2024•40 min•Ep. 512
Jeff Lunglhofer, the Chief Information Security Officer at Coinbase joins the show. In this episode we discuss: Jeff's background and what attracted him to joining Coinbase. How Coinbase approaches cybersecurity risk. The impact of the Bitcoin ETF and the custodial business at Coinbase. How users should protect themselves via multi-factor authentication. Phishing and how to protect oneself from this attack vector. Passkeys and how this is improving the log-in flow at Coinbase. How Coinbase uses ...
Mar 18, 2024•35 min•Ep. 511
Matt and Nic are back for another week of ATHs. In this episode: ETH's Dencun upgrade goes live Is ETH stuck between two different stakeholder groups? Is Traeger going to hold Bitcoin? Saylor is still buying Bitcoin Nigeria holds two Binance executives for a $10b ransom A UK judge in the COPA case has determined that Craig Wright is not Satoshi Why the COPA v CSW case matters Blackrock will buy Bitcoin ETFs in their global allocation fund Greyscale filed for a low-fee spinoff of GBTC, ticker BTC...
Mar 15, 2024•37 min
Nic and Matt return for a week of blockbuster price action and new ATHs. In this episode: ETF flows recap Warren favorite Katie Porter loses her primary in CA Super Tuesday recap Are crypto PACs working? Why the Ohio senate race matters for crypto State AGs amicus brief in Kraken v SEC The WSJ is accused of defamation in their Tether coverage Were Signature and Silvergate wrongly accused? Arizona state Senate considers adding Bitcoin to state reserves Saylor buys Bitcoin SEC comissioners Pierce ...
Mar 08, 2024•44 min•Ep. 509
Matt and Nic are back for another week of news and deals. In this episode: Funding rates in crypto Blockbuster ETF flows Bitcoin Renaissance BitVM opening the overton window Remembering PlusToken SBF is "too autistic" to go to jail The 3ac boys have another fake fundraise announcement Genesis reaches a settlement proposal The DOE's demand for information from miners has been halted for now Should the Bahamas be a state Marathon is launching their own L2 Content mentioned in this episode: Alex Th...
Mar 01, 2024•43 min•Ep. 508
Guy Young , the founder of Ethena , rejoins the show to give us an update on Ethena and to discuss the nature of crypto interest rates. In this episode: Reflections on the Ethena launch ETH funding rates versus ETH ETF expectations Funding rates on crypto native exchanges versus CME Why Ethena versus doing the cash and carry trade At what point does Ethena start to drive down funding rates The history of the cash and carry trade in crypto Did yield farming represent a real form of yield? Why is ...
Feb 28, 2024•49 min•Ep. 507
Crusoe CEO and Co-Founder Chase Lochmiller joins us for an episode sharing an update on improving the efficiency of power production with on-site digital infrastructure. In this episode: Solving the broken links between supply (flaring, renewables) and demand for energy (BTC, high performance compute) Engineering a portfolio of applications to pair with different sources of energy Aligning economic incentives with climate solutions New hardware coming online and the impact to AI inference and tr...
Feb 26, 2024•30 min•Ep. 506
Nic and Matt are back for another week of news and deals. In this episode: Wireless outage in the US Russia's space weapons and Rods from God Will the market like the cubes once again? Brink nation farcaster update Our ETH ETF skepticism Circle leaves Tron Revolving door between SEC and biglaw Whip Emmer's letter to the OMB The ECB's very bad, no good Bitcoin blog Reddit hold Bitcoin and ETH SBF's photoshoot Latest on the 3AC boys The SEC's mysterious ETF correlation analysis Content mentioned i...
Feb 23, 2024•43 min•Ep. 505
Matt and Nic are back with news and deals of the week. In this episode: On The Brink is now on Farcaster The pitfalls of Web3 social The boys have problem with seed phrases Optimistic rollups on Bitcoin are now possible? ETF flow updates GBTC and Mt Gox flows Why the halving may not be bullish SEC vs Debt Box Why we think an Ethereum ETF is unlikely SAB121 update The Treasury rebukes the WSJ's story on Hamas' use of crypto Can John Deaton unseat Elizabeth Warren? Sponsor notes: Navigating the Av...
Feb 16, 2024•40 min•Ep. 504
Matt and Nic are back for another week of news and deals. In this episode: OPNX is very sadly shutting down Is jail good for you? GBTC outflows are declining Solicited versus unsolicited treatment of ETFs The Bitcoin L2 space is heating up The latest on COPA We revisit the Satoshi is the NSA conspiracy SAB121 stuff The DoE's Bitcoin mining data collection emergency What's happening with Farcaster? Brink Nation joins Farcaster Monero delisted from Binance Solana outage this week Content mentioned...
Feb 09, 2024•37 min•Ep. 503
Matt and Nic are back with another week of news and deals. In this episode: Where is the FTX tungsten cube? FTX will make a 100% recovery for creditors FTX 2.0 is not happening The Genesis Digital Assets mystery Tether's blockbuster quarter Chris Larsen hacked New legislative developments on SAB121 Bitcoin Season 2 is underway The Biden admin is requesting information from Bitcoin miners How anti-AI energy activism is revealing about the decel agenda The CSW v COPA case is nearing trial We refle...
Feb 02, 2024•40 min•Ep. 502
Matt and Nic are back with a celebratory 500th episode. In this episode: ETFs are off to a rocky launch with the GBTC premium trade closing Bitwise launches real time transparency for their ETF holdings Fraud in the metals market versus Bitcoin The boys confront some fake news Is there light at the end of the tunnel for GBTC redemptions? Nic's spat with Bloomberg The US is selling $130m of BTC seized from the Silk Road TFL declares bankruptcy The boys learn about a face amount certificate We ans...
Jan 26, 2024•46 min•Ep. 501
Bridge CEO and Co-Founder Zach Abrams joins us for an episode chronicling the explosion of stablecoin volume and how Bridge is building critical infrastructure. In this episode: Zach's origin story and how he arrived at building Bridge Bridge's core products today and how clients use their APIs Future issuance of stablecoins Key global use cases for stablecoins today Evolution of the stablecoin market Building a crypto company in a bear market Learn more about Bridge...
Jan 22, 2024•25 min•Ep. 500
Matt and Nic return for another week of news and deals. In this episode: Our plans for episode 500 Jamie Dimon thinks Satoshi might return and vanish the bitcoins or increase the 21m cap Howard Lutnick goes to bat for Tether Chevron doctrine is challenged in SCOTUS Dunking on Tether Truthers Coinbase vs SEC resumes Coinhares acquires Valkyrie The relationship between GBTC and spot BTC BTC ETF rankings after 4 days of trading Coin Center declines to answer Elizabeth Warren Morgan Stanley on stabl...
Jan 19, 2024•35 min•Ep. 499
Matt and Nic are back for a historic week in the history of Bitcoin. In this episode: Spot ETF approved and starts trading Why day 1 flows might disappoint but longer term flows could materialize Day 1 price action review The GBTC conversion effect ETF scoreboard after one day of launch The SEC's multiple SNAFUS in their ETF launch Gensler's grudging approval and his questionable logic Commissioner Crenshaw's dissent Gensler may have made a strategic mistake in his dissent Prospects for an ETH E...
Jan 12, 2024•42 min•Ep. 498
Matt Hougan , the CIO of Bitwise Asset Management joins the show. In this episode we discuss: Spot Bitcoin ETFs are approved! The process to get to this point. The competitive landscape for the 11 products that were approved by the SEC on Wednesday. BITB , the Bitwise spot product which is the low cost option in the market. How it works and when it will trade. Bitwise's plan to donate 10% of profits to The Human Rights Foundation, Brink and OpenSats The outlook for an evolving custody and tradin...
Jan 11, 2024•21 min•Ep. 497
Matthew Le Merle and Mitch Mechigian of Blockchain Coinvestors join the show. In this episode we discuss the Blockchain Coinvestors 2024 Predictions . To learn more about Blockchain Coinvestors: Website Webinar...
Jan 08, 2024•56 min•Ep. 496
Matt and Nic return for another week of news and deals. In this episode: Matrixport's bearish ETF take The DoJ drops campaign finance charges against SBF Goldman and JPM are authorized participants for the ETF Where will the fees settle out for the major Bitcoin ETFs Nic's vanity license plate story Do we still believe in tungsten Sponsor notes: Coin Metrics State of the Network's 2024 Outlook In Coin Metrics State of the Network Issue 240, we offer our perspective on some of the biggest trends ...
Jan 05, 2024•32 min
In this episode, we host Nitya Subramanian , founder and CEO of Capsule , which is building cross-application embedded wallet infrastructure. We discuss: Outstanding challenges with web3 onboarding How applications are integrating parts of the wallet experience How Capsule helps developers give their end users the key privileges Why interoperability is crypto's key superpower How Capsule simplifies the transaction signing process How Capsule's infrastructure is complimentary to smart contract wa...
Jan 03, 2024•44 min•Ep. 494
Matt and Nic return for the last week of 2023. In this episode: South Shore bar pie Our 2024 resolutions Was Barry Silbert the main character Bitcoin miners had a good year ARK is selling their GBTC holdings The Cointucky Derby Will an ETH ETF be a fast follow? Will ETF sponsors sue the SEC over cash create for ETFs? Nic and Matt's 2024 predictions for stablecoins, Bitcoin, Ethereum, DeFi, NFTs, and adoption Solana versus Ethereum debate ETH L2 gas usage and EIP4844 Is the BSA unconstitutional? ...
Dec 29, 2023•37 min•Ep. 493
In this episode, we sit down with Jill Gunter , co-founder of Espresso , to discuss: Espresso's original mission and the challenges of building a privacy solution Shifting direction to focus on building infrastructure to help L2 rollups decentralize The role of a sequencer in a rollup and how Espresso intends to decentralize it Trading off centralized sequencer revenue for decentralization and permissionlessness Visit Espresso for more....
Dec 27, 2023•58 min•Ep. 492
Ryan Selkis , the co-founder and CEO of Messari joins the show. In this episode we discuss: The regulatory landscape and how the industry should be prioritizing policy initiatives. Grayscale, GBTC and the evolution of exchange traded products. The institutional market and the impact of a Bitcoin ETF. The many failures of the SEC with regards to crypto policy in the USA. Messari's roadmap in 2024 To learn more visit messari.io and download the Crypto Theses 2024 report. Follow Ryan on X ....
Dec 25, 2023•43 min•Ep. 491
Matt and Nic return for another week of news and deals. In this episode: Matt's tree crisis The Jamie Dimon Elizabeth Warren nexus Is there a really a revolving door between crypto and the government? Warren's latest volley of letters Promethian gets authorization to start trading We recap the inscriptions frenzy A new Super PAC is raised The BVI issues a seizure of the 3AC assets Zooko steps away from Zcash Content mentioned in this episode: Messari's Crypto Theses for 2024 Bitwise 2024 predict...
Dec 22, 2023•32 min•Ep. 490
Dan Tapiero, the founder and Managing Partner of 10T Holdings and 1RoundTable Partners joins this show. In this episode we discuss: The state of the crypto/blockchain markets since the FTX collapse. The impact of the Bitcoin ETF on fund flows in the industry. The market for growth and secondary investing. The LP landscape and how allocators are thinking about the sector. 1RT's strategy and the categories that Dan is finding compelling. To learn more about 1RT visit their website and follow Dan o...
Dec 21, 2023•43 min•Ep. 489
Andreas Tsamados, the founder of Fileverse joins the show. In this episode we discuss: Andreas' academic background and path that led him to starting Fileverse An overview of Fileverse and the ambitions of the project. Why a decentralized file sharing platform is necessary and better than a centralized option for certain customer types. SAFE multi-signs The state of decentralized file storage. Token models and how these could evolve over time. The Fileverse roadmap in the coming year. To learn m...
Dec 20, 2023•30 min•Ep. 488
In this episode, we host Nick Neuman , CEO of Casa to discuss their recent stablecoin launch and: Casa's value proposition How customers use Casa The decision to expand beyond Bitcoin to Ethereum The rationale behind supporting stablecoins Building custody tools for security versus convenience Nick's views on experimentation on Bitcoin Further reading: Protect your stablecoins: Hold USDC and USDT with Casa...
Dec 18, 2023•51 min•Ep. 487
Matt and Nic return for another week of news and deals. In this episode: Coinbase's positioning ahead of the ETF Cantor CEO Howard Lutnick acknowledges their Tether role Where do we stand on cash creation versus in-kind creation for the Bitcoin ETF? Coinbase launches an RWA hub in Abu Dhabi Kucoin settles with the state of New York Do Kwon is staying in Montenegro a bit longer Coinlist settles an OFAC violation FASB adopts (again?) fair value accounting for Bitcoin SBF's lawyer said he was the "...
Dec 15, 2023•41 min•Ep. 486
Itai Turbahn , the co-founder and CEO of Dynamic joins the show. In this episode we discuss: The mission of Dynamic and the how the company is enabling seamless web3 log in experiences. Breakout applications in the web3 category. An overview of Passkeys and the impact that this technology will have on both web2 and web3 log in experiences. Account abstraction and the innovation that is likely to emerge using this technology. Dynamic's new embedded wallet offering. Itai announces Dynamic's Series...
Dec 13, 2023•36 min•Ep. 485
Brian Foster, Global Head of Wholesale at Coinbase, joins the show. In this episode we discuss: Brian's career and the path that led him to joining Coinbase. An overview of the Coinbase business model and how the company is segmented. The evolution of the Coinbase Institutional business. The Wholesale business at Coinbase and how the company is positioned with brokers, banks and ETF issuers. Views on the Bitcoin ETF proposals and how Coinbase is positioned in this market segment. The BlackRock p...
Dec 12, 2023•38 min•Ep. 484
In this episode, we sit down with Rowan Stone who leads Business Development at Base – the layer-2 network on Ethereum launched by Coinbase earlier this year. Rowan expands on: The decision to build Base using Optimism's OP stack and the "Superchain" vision The vectors of centralization in L2 networks and the path to decentralization Early use cases on Base across DeFi, loyalty and the creator economy The role of business development in growing an L2 network...
Dec 11, 2023•46 min•Ep. 483
