Unchained - podcast cover

Unchained

Laura Shinunchainedcrypto.com
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.
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Episodes

The Chopping Block: Quantum FUD, Circle vs. Tether & WLFI Drama

Quantum computing risk, USDC vs. Tether drama after the Drift hack, and World Liberty Financial’s governance circus take center stage as Haseeb, Tom, Tarun, and special guest Joshua Lim dissect market signals, institutional FUD, Trumpcoin shenanigans, and ask: is crypto VC dead or just getting started? Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, the crew is joined by special ...

Apr 19, 20261 hr 20 min

How the DOJ and SEC Cases Against BitClout's Nader Al-Naji Collapsed

Debanked 12 times. Walked through an airport in handcuffs. Every charge eventually gone. Nader Al-Naji on the defense strategy that convinced both agencies to back off. ======================================================== Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/unchained ============================...

Apr 18, 20261 hr 21 min

Uneasy Money: BIP-361 Wants to Freeze Satoshi's Coins. What Happens If It Passes?

A Bitcoin developer just proposed freezing wallets that don't upgrade for quantum resistance. Including Satoshi's. Thank you to our sponsors! ⁠⁠⁠⁠⁠⁠⁠⁠⁠ Nexo Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/unchained Multichain Advisors MultiChain Advisors is an emerging technology growth firm that has helped cre...

Apr 18, 20261 hr 17 min

Anthropic's Mythos Is More Powerful Than the U.S. Government's AI. Does That Make Sense?

Can a private company be trusted to decide which 40 firms get access to the world’s most dangerous AI model? And separately — is the SEC’s new Reg Crypto finally the framework the industry has been waiting for since 2020? Thanks to our sponsors! *⁠ As Bitcoin's application layer, Citrea gives you access to the first trust-minimized BTC on a fully programmable platform and a native stablecoin for Bitcoin, ctUSD. You can now participate in Bitcoin capital markets with lending, privacy, payments, B...

Apr 17, 202652 min

Bits + Bips: Why Apple Might Benefit More From AI Than AI Companies Will

The US Naval blockade is live, markets are holding, and Ram thinks the bottom is in. Austin and Chris are not so sure. --- Thank you to our sponsors: Citrea As Bitcoin's application layer, Citrea gives you access to the first trust-minimized BTC on a fully programmable platform and a native stablecoin for Bitcoin, ctUSD. You can now participate in Bitcoin capital markets with lending, privacy, payments, Bitcoin yield, trading and predictions. You get expanded Bitcoin utility without sacrificing ...

Apr 14, 20261 hr 4 min

How Onchain Options Could Replace the Basis Trade as Crypto's Yield Strategy

The basis trade paid 15–30% near risk-free for years. Options couldn't compete. Then 10/10 happened. ======================================================== As Bitcoin's application layer, Citrea gives you access to the first trust-minimized BTC on a fully programmable platform and a native stablecoin for Bitcoin, ctUSD. You can now participate in Bitcoin capital markets with lending, privacy, payments, Bitcoin yield, trading and predictions. You get expanded Bitcoin utility without sacrificing...

Apr 14, 202655 min

Bits + Bips: Bitcoin's Geopolitical Upturn and the $100K Question

Why ETH outperformed Bitcoin this past week, what's really behind the prediction market activity during the Iran situation, and what comes next for institutional crypto adoption. --- Thank you to our sponsors! Ether.fi — 15% cash back on food and rideshare apps, 3% on everything else, borrow at 4% or less Citrea — Trust minimized BTC, native stablecoin CT-USD, Bitcoin capital markets --- A tenuous Iran ceasefire sent oil prices tumbling this past week, and crypto responded before any other asset...

Apr 14, 202645 min

Why Morgan Stanley Launched the Cheapest Bitcoin ETF on the Market

James Seyffart didn't expect Morgan Stanley to do this. Now he's watching to see if BlackRock blinks. Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/unchained Ether.fi is giving Unchained listeners 15% cashback on food and ride apps — and that's on top of the 3% you get on everything else. Your bank is chargin...

Apr 10, 202631 min

The Chopping Block: Who's Really Satoshi? Quantum Panic, and AI Eating Code

Bitcoin’s Satoshi drama heats up again as a major journalistic “reveal” drops, just as the crypto industry gets rocked by a quantum computing breakthrough that pulls up security timelines—and AI-powered exploits are suddenly real. We break down Satoshi theories, Blockstream PR whispers, the new quantum risk landscape, Ethereum vs. Bitcoin migration pain, and why your favorite protocols might not be ready for North Korea or superintelligent bug finders. Welcome to The Chopping Block — where crypt...

Apr 10, 20261 hr 1 min

How Does Crypto Remain Secure in a World of Always On AI Hacks? - Uneasy Money

Anthropic's new model is too dangerous to release publicly. It's already found 20 zero-days. Kain, Taylor, and Austin want to know when it finds the first one in a smart contract. Thank you to our sponsors! ⁠⁠⁠⁠⁠⁠⁠ MultiChain Advisors is an emerging technology growth firm that has helped create over $50 billion in enterprise value for more than 80 clients, like Pyth, Moonpay Commerce, and Wormhole. They’re the partner you want when you’re navigating markets and trying to break out from the noise...

Apr 10, 20261 hr 10 min

DEX in the City: How the SEC’s Crypto Task Force Is Rebuilding Trust with Builders

Will SEC guidance stick around if the administration changes? Commissioner Peirce and Sumeera Younis of the Crypto Task Force answer. Thanks to our sponsors! * Citrea — Bitcoin changed how money works. Citrea changes how Bitcoin scales. Trust-minimized BTC on a fully programmable platform with native stablecoin CTUSD. Get started at citrea.xyz/unchained * Ether.fi — 15% cash back on groceries, restaurants, and rideshares. 3% on everything else. Borrow against holdings at 4% or less. Earn up to 8...

Apr 08, 202654 min

How 'Booth Babes' at Crypto Conferences Could Lead to Big Hacks Like Drift's

The Drift hack wasn't a one-off exploit. It was a patient operation spanning months, with nation-state actors working the conference circuit. Then Circle let the hackers take the money. Bitcoin’s application layer, Citrea, launched its mainnet, expanding Bitcoin’s utility to privacy, lending, BTC yields, and more. Citrea enables: cBTC: The first trust-minimized Bitcoin on a fully programmable platform. ctUSD: A native stablecoin for Bitcoin, allowing for unified liquidity. Bitcoin Capital Market...

Apr 08, 20261 hr 10 min

Bits + Bips: $285M Hack, Iran's Crypto War Machine & the Token Fundamentals Crisis

A nation state hacked a startup and won. The hosts debate who's liable, what's fixable, and what isn't. --- Thank you to our sponsors: Bitcoin’s application layer, Citrea, launched its mainnet, expanding Bitcoin’s utility to privacy, lending, BTC yields, and more. Citrea enables: cBTC: The first trust-minimized Bitcoin on a fully programmable platform. ctUSD: A native stablecoin for Bitcoin, allowing for unified liquidity. Bitcoin Capital Markets bringing demand, and utility to the Bitcoin Netwo...

Apr 07, 20261 hr

How Bitcoin Is Both a Risk Asset and a Hedge Against Debasement

Charles Schwab’s chief crypto strategist breaks down why traditional finance valuation frameworks, not narratives, are finally taking hold in digital assets. --- Multichain Advisors is an emerging technology growth firm that has helped create over $50 billion in enterprise value for 80+ clients. Services include TGE support, go-to-market strategy, BD, partnerships, capital markets advisory, PR, media placements, and KOL activations. Visit ⁠⁠⁠https://www.multichainadv.com/⁠⁠⁠ --- Charles Schwab r...

Apr 06, 202646 min

How State-Sponsored Hackers Like DPRK Drain DeFi Protocols: Uneasy Money

The Drift Protocol is down $285 million and Circle has the power to freeze the funds — but won’t. Kain, Taylor, and Luca explain why. Thank you to our sponsors! ⁠⁠⁠⁠⁠⁠⁠Fuse: The Energy Network ⁠⁠⁠⁠⁠⁠ – Shift your energy use and earn rewards. ⁠⁠⁠⁠⁠⁠⁠MultiChain Advisors -⁠⁠⁠⁠⁠⁠⁠ The Growth & Capital Markets Partner You Need The Drift Protocol hack was still unfolding when Kain, Taylor, and Luca went live. Within hours of a suspected admin key compromise, over $285 million had been drained acro...

Apr 06, 20261 hr 17 min

The Chopping Block: Is Canton a Real Blockchain? Ethereum’s Cypherpunk Dilemma, AI Security Chaos

The Chopping Block crew and Wintermute’s Evgeny Gaevoy debate whether Canton is truly permissionless, if Ethereum Foundation should double down on cypherpunk ideals or embrace institutions, and how AI-driven attacks are forcing everyone in crypto and open source to rethink security models. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week we’ve got Evgeny Gaevoy, Founder of Wintermu...

Apr 05, 202657 min

Do Centralized Real World Assets on DeFi Break Ethereum? - Bits + Bips

When do oil prices force a ceasefire? Why is crypto holding firm while equities crack? And does Canton or Ethereum win the institutional race? --- Thank you to our sponsor: ⁠⁠⁠Nexo⁠⁠⁠ — the premier digital wealth platform. Receive interest on your digital assets, borrow against them without selling, and trade a wide range of cryptocurrencies all in one place. Now available in the US with 30 days of exclusive privileges for new clients. Get started at ⁠⁠⁠nexo.com/unchained⁠⁠⁠ . ---- Bond market t...

Apr 05, 20261 hr 5 min

How Bitcoin Is Both a Risk Asset and a Hedge Against Debasement

Charles Schwab’s chief crypto strategist breaks down why traditional finance valuation frameworks, not narratives, are finally taking hold in digital assets. --- Multichain Advisors is an emerging technology growth firm that has helped create over $50 billion in enterprise value for 80+ clients. Services include TGE support, go-to-market strategy, BD, partnerships, capital markets advisory, PR, media placements, and KOL activations. Visit ⁠https://www.multichainadv.com/⁠ --- Charles Schwab recen...

Apr 05, 202646 min

How Solana's Largest Perp DEX Was Exploited for $285 Million

Chaos Labs' Omer Goldberg unpacks the $285 million Drift Protocol exploit. Did the perp DEX fail to implement best practices? Sponsored by ⁠Nexo⁠ : A crypto lending and borrowing platform that lets users earn interest on digital assets and access credit against their holdings. Now available in the US with exclusive privileges for new clients. Get started today: ⁠ http://nexo.com/unchained⁠ Solana's biggest perp DEX Drift Protocol was exploited for $285 million on April Fool's Day in a compromise...

Apr 04, 202639 min

DEX in the City: Why the Prediction Market Bans Could Just Be Beginning

Former FTX General Counsel Ryne Miller joins the DEX in the City crew to unpack the CFTC's crypto moves. Does the agency have the staffing to achieve its “aggressive” agenda? Thanks to our sponsor, Nexo , the premier digital wealth platform. Receive interest on your digital assets. Borrow against them without selling. Trade a variety of cryptocurrencies. All in one platform . Now available in the U.S. Get started today at nexo.com/unchained . The Commodity Futures Trading Commission under Chair ...

Apr 03, 202642 min

Quantum Computing Got 20x Closer. It Threatens A Third of All Bitcoin

Google just set a deadline. Quantum computers could break Bitcoin's encryption by 2029. Are blockchains ready? Sponsored by ⁠Nexo⁠ Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/unchained Google and Oratomic published quantum computing research on the same day, and together they redraw the timeline for when bl...

Apr 03, 20261 hr 9 min

Bits + Bips: Grid Congestion Is Energy’s L1 Problem. This Crypto Company Has a Solution

Oil above $100, Qatar's LNG infrastructure in ruins, and a 150-year-old grid buckling under AI-era demand: Sean Murray breaks down why energy has an L1 problem and how Fuse is building the crypto-native fix. --- Multichain Advisors is an emerging technology growth firm that has helped create over $50 billion in enterprise value for 80+ clients. Services include TGE support, go-to-market strategy, BD, partnerships, capital markets advisory, PR, media placements, and KOL activations. Visit https:/...

Mar 28, 202646 min

Why AI Agents Might Require Humans to Transact More Than as You Think

Will AI agents use cards or stablecoins? Here’s how two crypto VCs see the agentic future shaping up. Sponsored by Nexo : A crypto lending and borrowing platform that lets users earn interest on digital assets and access credit against their holdings. Now available in the US with exclusive privileges for new clients. Get started today: http://nexo.com/unchained What happens when merchants are code instead of storefronts? Noah Levine and Robbie Petersen debate whether stablecoins or cards win in ...

Mar 27, 202639 min

Uneasy Money: How the Resolv Hack Shows an Audit Doesn't Mean 'Secure'

Chaos Labs’ Omer Goldberg joins the crew to dig into the Resolv Labs exploit. Why was the USR minting function controlled by a single key? And how did audits miss it? Thank you to our sponsors! ⁠⁠⁠⁠⁠⁠Fuse: The Energy Network ⁠⁠⁠⁠⁠ – Shift your energy use and earn rewards. ⁠⁠⁠⁠⁠⁠MultiChain Advisors -⁠⁠⁠⁠⁠⁠ The Growth & Capital Markets Partner You Need ⁠⁠⁠⁠⁠⁠ Crypto Tax Girl $25 million extracted and millions more in bad debt across lending protocols. Chaos Labs founder Omer Goldberg joins Une...

Mar 27, 20261 hr 24 min

Bits + Bips: Why Iran Is Trump’s Greatest Taco. Plus, Is Elon’s TeraFab ‘Bullshit’?

Trump pulled off a five-day ceasefire nobody expected. Ram calls it the greatest TACO of his career. --- Thank you to our sponsor: Nexo — the premier digital wealth platform. Receive interest on your digital assets, borrow against them without selling, and trade a wide range of cryptocurrencies all in one place. Now available in the US with 30 days of exclusive privileges for new clients. Get started at nexo.com/unchained . ---- Trump announced a five-day pause on strikes against Iranian energy ...

Mar 25, 20261 hr 2 min

Bits + Bips: What Iran, Oil Shocks, and No Rate Cuts Mean for Crypto

Bitcoin dropped under $69K even as the SEC and CFTC create more clarity for crypto, and agentic commerce looks like it will reshape the sector. --- Thank you to our sponsor, MultiChain Advisors --- Bitcoin dropped under $69K after the Fed, ECB, and Bank of England all held rates steady this week, while Australia hiked. Kaiko's Laurens Fraussen joins to explain what's actually happening beneath the surface, from collapsing liquidity to a quiet geographic shift in who's buying. He also makes the c...

Mar 23, 202643 min

Bitcoin DeFi Has Been Elusive. Can Mysten Labs Bring $1.4 Trillion Onchain?

Adeniyi Abiodun, co-founder and CPO of Mysten Labs, walks through how Hashi works and how it differs from the competition. Can it succeed where others have failed? Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at ⁠nexo.com/unchained⁠ Mysten Labs has announced Hashi, a protocol designed to unlock several financial applications f...

Mar 20, 202630 min

Uneasy Money: Should DeFi Frontends Block High Slippage Swaps?

The crew unpacks the significance of the Trade[XYZ] S&P 500 license, why Vanity Fair's recent crypto piece is so controversial and whether the EF is returning to “communism.” Thank you to our sponsors! ⁠⁠⁠⁠⁠Fuse: The Energy Network ⁠⁠⁠⁠ – Shift your energy use and earn rewards. ⁠⁠⁠⁠⁠MultiChain Advisors -⁠⁠⁠⁠⁠ The Growth & Capital Markets Partner You Need Trade[XYZ] has obtained a license from the S&P Dow Jones Indices to offer S&P 500 perps on Hyperliquid. A crypto trader lost $5...

Mar 20, 20261 hr 15 min

DEX in the City: Why the Binance Case Against the WSJ ‘Is Probably Not a Winner’

The crew unpacks the Binance case against the Wall Street Journal. Is the lawsuit just for optics? Plus, why crypto can't turn a blind eye to one Aave user's $50 million loss. Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at nexo.com/unchained Binance has sued the Wall Street Journal for defamation over a report that money has ...

Mar 19, 202652 min

The Top Things Investors Need to Know Before Buying Crypto Tokens

Across Protocol wants to retire its token in exchange for equity. Is the DAO model structurally broken? Thank you to our sponsor! Adaptive Security With Across Protocol proposing to retire its ACX token in favor of equity, a long-simmering question in crypto governance is finally breaking into the open: do token holders actually have meaningful ownership, or just the illusion of it? As the regulatory environment under the new U.S. administration shifts dramatically from the Gensler era, the stru...

Mar 19, 20261 hr 8 min
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