Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.
Unconfirmed: Axie Infinity's July Revenue Tops $200 Million. Here's How Filipinos Drove It
Leah Callon-Butler, director of Emfarsis, discusses her documentary, “Play-to-Earn: NFT Gaming in the Philippines,” and the real-world impact that crypto is having in the Philippines. Show highlights:
how the Axie Infinity movement started in the Philippines how much money players can earn through Axie Infinity compared to normal wages in the Philippines how Filipino crypto exchanges are catering to Axie Infinity players to make it easier to cash out their earnings what percentage of Axie Infinity players live in the Philippines why the game is so popular in rural areas what about Axie Infinity is bringing in non-crypto native players why Axie Infinity now has high barriers to entry how players have created their own system for helping bring new users into Axie Infinity how Axie Infinity scholarships work what Leah thinks about Yield Guild Games’s relationship with Axie Infinity Thank you to our sponsors!
Leah Callon-Butler: https://twitter.com/leah_cb
Documentary: https://www.youtube.com/watch?v=Yo-BrASMHU4 Coverage https://www.cnbc.com/2021/05/14/people-in-philippines-earn-cryptocurrency-playing-nft-video-game-axie-infinity.html https://venturebeat.com/2021/05/13/how-a-rural-filipino-community-is-earning-a-living-playing-an-nft-game/ https://hypebeast.com/2021/5/axie-infinity-nft-cryptocurrency-game-philippines-documentary https://www.esquiremag.ph/money/industry/axie-infinity-mobile-game-cryptocurrency-nft-a00289-20210521
Leah’s NFT/Axie Infinity writings:
https://www.coindesk.com/the-metaverses-emerging-economics https://www.coindesk.com/how-axie-infinity-creates-work-in-the-metaverse https://www.coindesk.com/nft-game-filipinos-covid https://www.coindesk.com/artists-who-now-make-a-living-because-of-nfts https://www.coindesk.com/for-filipinos-axie-infinity-is-more-than-a-crypto-game https://www.coindesk.com/here-comes-the-virtual-real-estate-boom https://www.coindesk.com/vindicatio-nft-pioneer-looks-ahead
Why ShapeShift's Erik Voorhees Thinks Toxic Bitcoin Maximalism Is B******t
ShapeShift recently announced an intent to decentralize -- a move that would transition the one-time centralized exchange to a full-on DAO. Erik Voorhees, founder and CEO of ShapeShift, comes onto the show to talk about decentralizing the exchange, along with his thoughts on Bitcoin maximalism and crypto regulation. Show highlights:
why ShapeShift is decentralizing the company how ShapeShift used to work what needs to happen for ShapeShift to decentralize why user experience should not change during the transition how the FOX token works what parts of a company cannot be decentralized yet how ShapeShift’s forthcoming foundation will function how ShapeShift decided upon the allocations for the FOX token airdrop why ShapeShift employee and shareholder FOX tokens are locked up for three years what Erik’s role will be going forward how ShapeShift plans to attract devs why Erik believes FOX is not a security how Erik wants the SEC to handle crypto why he believes THORChain is one of the most critical projects in crypto why he is opposed to Bitcoin maximalism Erik’s thoughts on BitMEX’s and Binance’s regulatory issues what he thinks about stablecoin regulation Why Erik believes ShapeShift and Uniswap are not competitors
Thank you to our sponsors!
Twitter: https://twitter.com/ErikVoorhees Previous Unchained appearance: https://unchainedpodcast.com/shapeshifts-erik-voorhees-on-how-crypto-will-separate-money-and-state/ ShapeShift: https://beta.shapeshift.com/
Tweet thread: https://twitter.com/ErikVoorhees/status/1415339998740508674 Blog post: https://erikvoorhees.medium.com/shapeshift-is-decentralizing-639bb4c82fc8 Airdrop info: https://shapeshift.com/shapeshift-decentralize-airdrop FOX token contract: https://etherscan.io/token/0xc770eefad204b5180df6a14ee197d99d808ee52d CoinDesk write-up: https://www.coindesk.com/shapeshift-to-shut-down-airdrop-fox-tokens-to-decentralize-itself-out-of-existence FOX token analysis: https://www.coindesk.com/shapeshift-fox-token-rally-yield-play-daos Other
THORChain: https://erikvoorhees.medium.com/an-introduction-to-thorchain-for-bitcoiners Getting booed at Miami BTC Conference: https://twitter.com/finematics/status/1401498099441405953 Paxos stablecoin blog: https://www.paxos.com/a-regulated-stablecoin-means-having-a-regulator/ Circle reveals reserves: https://www.theblockcrypto.com/linked/112001/circle-reveals-majority-of-usdc-reserves-are-in-cash-and-cash-equivalents CFTC and BitMEX: https://www.cftc.gov/PressRoom/PressReleases/8270-20
Unconfirmed: MIT's Neha Narula on Why Building DeFi on Bitcoin Is a Great Idea
Neha Narula, director of the Digital Currency Initiative at the MIT Media Lab, discusses Elon Musk’s appearance at ‘The B Word’ conference, along with a few current events in the Bitcoin world. Show highlights:
her main takeaway from ‘The B Word’ conference why governance plays an essential role in Bitcoin’s block size arguments what Neha thinks of proof-of-work mining and Bitcon’s environmental concerns why Neha is skeptical of Dogecoin becoming a serious cryptocurrency why Jack Dorsey’s new Bitcoin platform business is a good idea what Bitcoin’s dip in hashrate due to China’s crackdown could affect network security going forward what questions Neha has about Bitcoin’s adoption in El Salvador why Neha thinks cryptocurrencies and CBDCs will coexist what DCI has planned for the rest of 2021
Thank you to our sponsors!
Neha Narula: https://twitter.com/neha MIT Media Lab: https://twitter.com/medialab Digital Currency Initiative https://dci.mit.edu/ CBDC research https://dci.mit.edu/cbdc-central-bank-digital-currency Bitcoin network development https://dci.mit.edu/cbdc-central-bank-digital-currency The B Word conference Elon Musk, Jack Dorsey, Cathie Wood conversation: https://www.youtube.com/watch?v=Zwx_7XAJ3p0 Neha’s appearance: https://www.thebword.org/c/track-3-Supporting-the-Developer-Ecosystem Miscellaneous Square’s Bitcoin DeFi platform https://www.cnbc.com/2021/07/16/square-is-building-a-decentralized-finance-business-for-bitcoin.html Bitcoin and El Salvador https://www.cnbc.com/2021/06/05/el-salvador-becomes-the-first-country-to-adopt-bitcoin-as-legal-tender-.html Bitcoin hashrate drop https://www.cnbc.com/2021/06/15/chinas-bitcoin-miner-exodus-.html
How Ransomware Evolved Into a Big Business
Gurvais Grigg, Chainalysis public sector CTO, and Kim Grauer, director of research at Chainalysis, review the ransomware landscape. Show Highlights:
their backgrounds and roles at Chainalysis how a ransomware attack works what types of businesses are usually targeted in ransomware attacks why ransomware as a service (RAAS) is a booming business why Kim and Gurvais believe the hacking group REvil is becoming more sophisticated what characteristic of REvil hints that the group could be affiliated with Russia how the RAAS business model works how ransomware payments can be tracked why ransomware reporting has a data problem why Bitcoin is the preferred method of payment amongst ransomware attackers what two factors makes BTC preferable to privacy coins how ransomware groups teach victims to transfer BTC how ransomware groups cash out of their BTC how counter-terrorism tactics can help fight ransomware attacks how the Department of Justice may have partially recovered part of the Colonial Pipeline ransomware payment what tools and strategies governments can and will use to battle ransomware Thank you to our sponsors!
Kim Grauer - Director of Research at Chainalysis
https://www.linkedin.com/in/kimberly-grauer-a9501144 Gurvais Grigg - Global Public Sector Chief Technology Officer at Chainalysis
Chainalsysis Ransomware Data
https://go.chainalysis.com/rs/503-FAP-074/images/Ransomware-2021-update.pdf https://go.chainalysis.com/rs/503-FAP-074/images/Chainalysis-Crypto-Crime-2021.pdf https://blog.chainalysis.com/reports/applying-counterterrorism-strategies-to-ransomware https://blog.chainalysis.com/reports/eastern-europe-cryptocurrency-market-2020
Kaseya https://decrypt.co/75246/what-the-revil-ransomware-attack-means-for-crypto https://www.abc.net.au/news/2021-07-03/ransomware-attack-us-revil/100265656 Colonial Pipeline https://ciphertrace.com/ransomware-seizure-blockchain-analytics-helps-us-authorities-seize-over-2-million-in-darkside-ransom-paid-by-colonial-pipeline/ https://www.elliptic.co/blog/us-authorities-seize-darkside JBS Holdings https://www.wsj.com/articles/jbs-paid-11-million-to-resolve-ransomware-attack Other
Chainalysis Twitter: https://twitter.com/chainalysis Website: https://www.chainalysis.com/ Who is REvil? https://fortune.com/2021/07/07/what-is-revil-ransomware-attack-kaseya/ https://unit42.paloaltonetworks.com/revil-threat-actors/ Combating ransomware: https://securityandtechnology.org/ransomwaretaskforce/report/ Why Gurvais joined Chainalysis: https://blog.chainalysis.com/reports/gurvais-grigg-chainalysis
Unconfirmed: Why It Might Be Too Late for Binance to Avoid Regulatory Action
Christine Parker, partner at Reed Smith, summarizes the slew of regulatory headlines facing Binance and how such scrutiny may affect the exchange going forward. Show highlights:
which countries are investigating Binance why it has been difficult for governing bodies to regulate Binance whether the reports that regulatory bodies, like the CFTC/IRS/DOJ, coming after Binance are correct when Christine expects regulators to make a move against Binance how hiring ex-regulators might help Binance in Congress whether Binance’s strategy of leaving countries with tight regulations helped or hurt the exchange what Christine thinks of Binance’s strategy to localize its business model whether or not it is too late to avoid regulatory penalties for Binance why transitioning to a DAO business model would not absolve Binance of prior infractions how the BitMEX situation could inform Binance whether criminal charges could be in Binance CEO Changpeng Zhao’s future Thank you to our sponsors!
Christine Parker: https://www.linkedin.com/in/christine-parker-b09a31/
https://www.coindesk.com/state-of-crypto-binance-is-firmly-in-the-regulatory-crosshairs https://www.theblockcrypto.com/post/110380/thailand-sec-binance-crypto-exchange-criminal-complaint https://www.theblockcrypto.com/linked/104836/binance-crypto-irs-us-government-investigation-report https://www.theblockcrypto.com/post/110510/barclays-customers-in-the-u-k-can-no-longer-transfer-funds-to-binance https://www.theblockcrypto.com/linked/110617/binance-suspends-deposits-from-key-european-payments-network https://www.theblockcrypto.com/post/111482/italy-binance-consob-warning
CZ letter https://www.binance.com/en/blog/421499824684902301/A-Letter-from-Our-CEO-Reflecting-on-Progress-and-the-Road-Ahead CZ Unchained appearance https://unchainedpodcast.com/listen-to-cz-compare-binance-to-bitcoin/ Binance’s compliance hiring spree https://www.radicalcompliance.com/2021/07/08/binance-compliance-hiring-spree/
Can a DAO Go to Court? According to Two DAO Legal Experts… Probably
Aaron Wright, co-founder of OpenLaw and Professor at Cardozo Law, and Ross Campbell, SushiSwap core developer and LexDAO contributor, discuss the latest breakthroughs and legal implications in the burgeoning world of DAOs. Show highlights:
how Aaron and Ross fell down the crypto rabbit hole whether a DAO, like Curve, could sue to protect its IP when a governance token might be considered a security who owns the copyright to a DAO how SushiSwap handles its open-source licenses why Ross views Uniswap’s business license as a good thing what an DAO is and how the idea stems from Bitcoin how Wyoming’s DAO law works what makes a Wyoming DAO different from a DAO registered as a Delaware LLC how an algorithmically managed DAO might work in the future why Aaron thinks a DAO should not be allowed to be manager-managed why wrapping a DAO into an LLC could be advantageous the difference between private and public ordering Thank you to our sponsors!
Social Twitter: https://twitter.com/r_ross_campbell Medium: https://medium.com/@rosscampbell9 Career OpenLaw: https://www.openlaw.io/ LexDAO: https://lexdao.substack.com/people/867851-ross-campbell SushiSwap: https://app.sushi.com/swap
Social Twitter: https://twitter.com/awrigh01 Career OpenLaw: https://www.openlaw.io/ Cardozo Law: https://cardozo.yu.edu/directory/aaron-wright Content The Rise of DAOs: https://stanford-jblp.pubpub.org/pub/rise-of-daos/release/1
https://ethereum.org/en/dao/ https://1729.com/daos Kain Warwick: DAO First Capital Formation
https://blog.synthetix.io/dao-first-capital-formation/ https://twitter.com/kaiynne/status/1287961077041393664 DAO Stats
https://www.wyoleg.gov/2021/Engross/SF0038.pdf https://lexnode.substack.com/p/wyomings-legal-dao-saster https://twitter.com/prestonjbyrne/status/1370002015644962816?s=20 https://www.coindesk.com/wyoming-dao-llc-law-passed https://twitter.com/lex_node/status/1407668599205027843?s=20 https://decrypt.co/75222/americas-first-dao-approved-in-wyoming Delaware:
https://ricardian.gitbook.io/ricardian-llc/is-ricardian-legal Curve IP:
https://gov.curve.fi/t/cip-xx-enforce-curves-ip-rights/1890 https://www.theblockcrypto.com/post/108561/the-first-dao-lawsuit-proposal-asks-if-curve-should-protect-its-ip https://www.coindesk.com/curve-dao-contemplates-its-intellectual-property https://twitter.com/SamMiorelli/status/1405141398479847426 https://twitter.com/lex_node/status/1405251782574497799 Uniswap V3
https://www.coindesk.com/uniswap-v3-introduces-new-license-to-spoil-future-sushis https://twitter.com/jchervinsky/status/1374738548239314951 https://defiprime.com/uniswap-v3-explained
Empowering, insightful and actionable! 🙌
Whether you’re well established as someone who can translate creative energy into the impact you want to have on the crypto community, or just getting started as a catalyst for change - this is a must-listen podcast for you! Laura does an incredible job leading conversations that cover a huge breadth of topics related to the ins and outs of navigating the constantly shifting industry landscape - while highlighting what you truly need to know - with leaders who’ve actually walked the path. Highly recommend listening and subscribing!
Amazing guests + smart questions
Unchained is my favorite crypto podcast because Laura’s journalistic approach cuts through the hype. She isn’t afraid to ask billionaires hard questions - a refreshing quality in such a bullish space!
Check out the Mark Cuban and Chris Dixon episodes.
Awesome and insightful.
This podcast offers a plethora of insightful content. Laura covers a variety of topics and is extremely knowledgeable and positive. This show offers valuable advice and is motivational to anyone willing to learn and grow.