The Local WMC - Crypto News, Trading Insights & Market Commentary

The Local
  • 0.0 (0)
  • TECHNOLOGY

A weekly crypto podcast, with strong views shared over weak beer. Hosted by two seasoned traders Tim and Marcus. Expect markets, macro, tech, degen antics, and the odd reminder that no one really knows what they’re doing.

  1. Why is Solana building in the UK?

    3D AGO

    Why is Solana building in the UK?

    London’s crypto scene is at a crossroads. In this episode, Tim sits down with Cap, Head of Superteam UK, to unpack whether London is falling behind in crypto and what it’ll take to win back talent, founders and momentum. From gaming and NFTs to building one of the UK’s fastest-growing crypto communities, Cap shares his journey into crypto, the reality of the UK “brain drain,” and why public-good ecosystem building might be the unlock. Also in this episode: Why London risks losing its top blockchain founders What “proof of work” really means in a crypto community How Superteam operates as a decentralised talent accelerator The vision behind the UK “Brain Drain Wall” campaign Why culture, events, and Breakpoint matter for London’s future The opportunity for the UK to lead in blockchain policy Subscribe for new episodes every week: @TheLocalWMC Also on Spotify, Youtubes, and wherever else you get your fix. Follow us on X: https://x.com/TheLocalWMC

    50 min
  2. Is This The Most Fun Trading App Ever Built?

    FEB 20

    Is This The Most Fun Trading App Ever Built?

    Trading crypto derivatives just got a whole lot more fun. In this episode, Marcus sits down with Nathan Worsley, CEO and founder of Euphoria, a new, mobile-first, gamified derivatives platform. From wild MEV origin stories, to building a fast and revolutionary trading experience, Nathan shares how he’s shaking up the world of crypto trading. Also in this episode: How Euphoria turns derivatives into a simple, game-like experience Why market design, speed, and fairness matter more than flashy tech Building a fully remote, high-performing team – Balancing regulation, fiat onboarding, and global growth Nathan’s perspective on AI, automation, and the limits of machine judgment   Subscribe for new episodes every week: @TheLocalWMC   Also on Spotify, Youtube, and wherever else you get your fix.   Follow us on X: https://x.com/TheLocalWMC

    43 min

  3. FEB 11

    This Protocol Pays People to Train AI (With Prediction Markets) ft. RG, Reppo

    AI is getting better at writing code, generating images, even holding a conversation. But there’s still one thing it can’t produce on its own: human judgement. In this episode, Tim sits down with RG, founder of Reppo, a protocol using prediction markets to pay people to generate and curate AI training data. Instead of scraping the internet or outsourcing “labelling” for pennies, Reppo turns the whole process into a market. RG breaks down why “belief change” and disagreement are the most valuable signals for post-training and what it means when people can earn meaningful income just by providing feedback. Also in this episode: Why evaluation and context are the human edge in AI How Reppo’s synthetic prediction market works (commit/reveal, on-chain settlement) Why post-training data is where demand is headed next What “permissionless privacy” looks like for proprietary datasets How founders sharpen narratives by getting rejected 100+ times Subscribe for new episodes every week: ‪@TheLocalWMC‬   Also on Spotify, Apple Podcasts, and wherever else you get your fix.   Follow us on X: https://x.com/TheLocalWMC

    41 min
  4. How Market Makers Decide Where to Quote

    JAN 6

    How Market Makers Decide Where to Quote

    In theory a market maker sits between buyers and sellers and captures the spread without taking a view on direction. In reality every quote is a decision about fill probability, inventory and risk.   In this episode of The LOCAL we break down where market makers actually place orders, why “the right price” is always shifting, and how real world constraints such as latency, inventory risk and fee structures make neat academic solutions fail in practice. In this episode you will hear: The core goal of a market maker and why spread capture is not the only objective How spreads relate to probability of fills on a central limit order book Why the academic idea of an optimal price often breaks in live markets The difference between passive and taker orders and how maker/taker fees influence behaviour The role of canary orders, price time priority and fills as information Practical constraints such as risk limits, size splitting and exchange rules Discussion on trading a single instrument and why linear perps often dominate Subscribe for new episodes every week: ‪@TheLocalWMC‬   Also on Spotify, Apple Podcasts, and wherever else you get your fix.   Follow us on X: https://x.com/TheLocalWMC

    30 min
  5. Swift for DeFi: Send Once, Execute Anything (ft. Josh, Natively)

    12/16/2025

    Swift for DeFi: Send Once, Execute Anything (ft. Josh, Natively)

    Bridging is still crypto’s worst UX... and it’s one of the reasons “DeFi has potential” keeps not turning into “DeFi has users”.   Tim’s not with us for this episode, so Marcus is joined by Josh from Natively to talk about a simple idea: make DeFi work like a normal transfer.   Natively’s bet is that you shouldn’t have to: bridge → find gas → download a new wallet → click through a dozen approvals → still somehow be stuck.   Instead: you send funds to a deposit address, and the address is the instruction. That deposit address encodes what you’re trying to do... and Natively handles the cross-chain plumbing to execute it.   This episode includes: A concrete example: deposit ETH → use it as collateral → borrow USDC “Swift for DeFi”… or maybe “Plaid for DeFi”: rails that make it boringly easy Remittances as the killer use case: send USDC from Revolut → auto-convert to a PHP stablecoin for family back home How to think about bridge security (incl. threshold signatures vs multisig trade-offs)   Subscribe for new episodes every week: ‪@TheLocalWMC‬ Also on Youtube, Apple Podcasts, and wherever else you get your fix.   Follow us on X: https://x.com/TheLocalWMC

    52 min
  6. Should Market Makers Be on Trial? 70% of Crypto Said Yes | The LOCAL Ep.8

    09/11/2025

    Should Market Makers Be on Trial? 70% of Crypto Said Yes | The LOCAL Ep.8

    There’s a trust deficit in crypto... and a new report proves it. After a short summer hiatus, Tim and Marcus are back to dig into The State of Crypto Market Making 2025. The results? Not pretty. 60% of the 2000+ crypto community members surveyed say they don’t trust market makers. 70% say market makers should be put on trial. Nearly half think volatility increases once a market maker is involved. From pump-and-dump accusations to wash trading, misaligned incentives, and shady deal structures, the data lays bare why the industry sees market makers as extractive, and what needs to change. Also in this episode: Why the “option + loan” model fuels perverse incentives How exchanges are incentivised push projects towards wash trading What token founders and VCs should demand from a market maker   Download the full report: https://lo.tech/stateofmarketmaking Subscribe for new episodes every week Also on Youtube, Apple Podcasts, and wherever else you get your fix. Follow us on X: https://x.com/TheLocalWMC https://x.com/timmeggs | Marcus (the other one)

    43 min
  7. Getting the Price Shouldn’t Be This Hard

    07/17/2025

    Getting the Price Shouldn’t Be This Hard

    There’s no FIX, no shared structure, and no agreement on what a message should even look like. In this episode, Tim and Marcus dig into the reality of trying to collect market data across crypto venues, and why getting a simple price feed turns into a full-blown engineering nightmare. From WebSockets and REST to custom APIs and protobuf hacks, every crypto exchange speaks its own language. Even if you can connect, you’re dealing with broken docs, random tags, strange compression, and protocols that change with zero notice. And that’s just to get the price... let alone quote or trade.   This is what makes building a market maker in crypto so much harder than TradFi. No standards. No consistency. Just vibes.   Also in this episode: Why FIX works in TradFi (and why crypto doesn’t use it) How venues like Coinbase and Binance structure market data What it takes to build a proper market data adapter Why some venues still require polling like it’s 2009   👉 Subscribe for new episodes every week: ‪‪@TheLocalWMC‬ ‬ 🎧 Also on Youtube, Apple Podcasts, and wherever else you get your fix.   Follow us on X: https://x.com/TheLocalWMC https://x.com/timmeggs | Marcus (the other one)

    26 min
  8. The EthCC Cannes Special ft. Ilya, Stake Capital | Robinhood, RWAs & Future of AI | The LOCAL Ep.6

    07/09/2025

    The EthCC Cannes Special ft. Ilya, Stake Capital | Robinhood, RWAs & Future of AI | The LOCAL Ep.6

    Recorded in Cannes over a bottle of rosé for a change, this is our first ever live episode of The LOCAL, recorded during EthCC last week. We sat down with Ilya from Stake Capital Group, an early-stage crypto VC, investing, building, and validating the frontier of deep tech and Web3. We unpacked what’s really going on beneath the current wave of stablecoin launches, the AI agent hype cycle, and the slow-motion collision between crypto and the real world. Stake Capital has been investing across the crypto stack for years, from DeFi infra to privacy tech and tokenised credit, and Ilya joins us to share his take on where the market’s heading, why Europe might be missing the moment, and what happens next when agents start spending on-chain. Also in this episode: Why stablecoins might be crypto’s only true product-market fit Gambling vs investing: is there actually a difference? Why Robinhood might quietly win Tokenisation, RWA, and touching the messy real world The Copilot problem: is your trading code leaking? AI security, AI researchers, and the productivity gap no one’s fixing   Subscribe for new episodes every week: ‪@TheLocalWMC‬   🎧 Also on Spotify, Apple Podcasts, and wherever else you get your fix.   Follow us on X: https://x.com/TheLocalWMC @timmeggs | Marcus (the other one)

    39 min
See All (14)

Trailer

About

A weekly crypto podcast, with strong views shared over weak beer. Hosted by two seasoned traders Tim and Marcus. Expect markets, macro, tech, degen antics, and the odd reminder that no one really knows what they’re doing.

Information