Why Crypto Market Structure May Not Pass Until 2027: DEX in the City - Ep. 946
Unchained13 Marras 2025

Why Crypto Market Structure May Not Pass Until 2027: DEX in the City - Ep. 946

In this first episode of DEX in the City, hosts Jessi Brooks of Ribbit Capital, Katherine Kirkpatrick Bos of StarkWare, and Vy Le of Veda dig into the questions that DeFi keeps forcing the industry to confront. They debate how projects should respond after exploits like the recent Balancer hack, what “programmable risk management” could look like in practice, and why the idea of “pure DeFi” might be more myth than model. They also cover the MIT Brothers trial (and what its mistrial revealed about the law’s limits in crypto) and end with why the long-awaited crypto market structure bill still isn’t close to the finish line. Hosts: Jessi Brooks, Ribbit Capital Katherine Kirkpatrick Bos, General Counsel at StarkWare Vy Le, General Counsel at Veda Links: Paper: Trust Without Intermediaries: A Programmable Risk Management Framework for the Future by Jessi Brooks and Katherine Kirkpatrick Bos Paper: Blockchain May Offer The Investor Protection SEC Seeks By Tuongvy Le Timestamps: 👏 0:00 Introduction 🌆 0:43 Welcome to DEX in the City — meet the hosts and the mission ⚙️ 6:16 What “programmable risk management” could mean for DeFi’s future 💥 10:38 How the Balancer hack exposed huge differences in how projects respond to exploits 🧩 17:48 Can “pure DeFi” really exist, or is it just a myth? ⚖️ 22:23 The MIT Brothers trial: why no one paid attention and why it matters 🏛️ 28:26 Inside the Senate’s new crypto market structure bill draft 🕒 33:13 Vy’s prediction on when (or if) the bill finally passes Learn more about your ad choices. Visit megaphone.fm/adchoices

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How the Competition Will Play Out in the Great Stablecoin Race - Ep. 936

How the Competition Will Play Out in the Great Stablecoin Race - Ep. 936

In this episode of Unchained, Laura is joined by Rob Hadick, General Partner at Dragonfly, and Sam MacPherson, Co-founder and CEO of Phoenix Labs, to break down the fast-moving world of stablecoins an...

1 Marras 20251h 19min

Ex-Citi Chief Economist on Gold, Bitcoin and the Debasement of the US Dollar - Ep. 935

Ex-Citi Chief Economist on Gold, Bitcoin and the Debasement of the US Dollar - Ep. 935

Gold may have history, but does it have a future? Former Citi Chief Economist Willem Buiter joins Unchained Executive Editor Steve Ehrlich to argue that gold’s “6,000-year bubble” is long overdue to ...

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Sharplink CEO on Why ETH Will Soon See a Boom in Demand: Bits + Bips - Ep. 934

Sharplink CEO on Why ETH Will Soon See a Boom in Demand: Bits + Bips - Ep. 934

In this episode of Bits + Bips, former BlackRock executive and SharpLink co-CEO Joseph Chalom joins hosts Austin Campbell, Chris Perkins, and Ram Ahluwalia to discuss why the Federal Reserve may move ...

29 Loka 20251h 20min

How Kraken Plans to Dominate Tokenization and Perps in 2026 and Beyond - Ep. 932

How Kraken Plans to Dominate Tokenization and Perps in 2026 and Beyond - Ep. 932

As crypto markets mature, Kraken is transforming from a trading venue into a multi-asset infrastructure platform.  Co-CEO Arjun Sethi joins to break down the exchange’s expansive strategy: building a...

28 Loka 20251h 1min

Arthur Hayes and Adam Schlegel on Why Private Equity Is Crypto's Next Big Wave - Ep. 933

Arthur Hayes and Adam Schlegel on Why Private Equity Is Crypto's Next Big Wave - Ep. 933

Crypto has spent years obsessing over tokens, airdrops, and speculation. But what about the unsexy businesses actually making money? Arthur Hayes and Adam Schlegel join Laura Shin to talk about Maels...

28 Loka 20251h 9min

Why Bitcoin Could Hit $150,000 Soon. Plus ‘Code Is Law’ Film - Ep. 931

Why Bitcoin Could Hit $150,000 Soon. Plus ‘Code Is Law’ Film - Ep. 931

This special two-part episode brings together two very different conversations. In part one, investment manager Lawrence Lepard lays out why he believes the fiat monetary system is structurally unsus...

24 Loka 20251h 15min

How Crypto Neobanks Make It Easier to Earn Passive Income - Ep. 930

How Crypto Neobanks Make It Easier to Earn Passive Income - Ep. 930

Neobanks changed how fintech thinks about money. Now, crypto builders want to do the same, without custody. In this episode, Itamar Lesuisse, CEO of Ready, and Mike Silagadze, CEO of EtherFi, argue t...

22 Loka 202558min

The Chopping Block: Zcash +400%, Tempo’s $500M Shock, EF Pay Firestorm & AWS/Base Meltdown feat. Mert - Ep. 929

The Chopping Block: Zcash +400%, Tempo’s $500M Shock, EF Pay Firestorm & AWS/Base Meltdown feat. Mert - Ep. 929

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, Helius’s Mert returns to defend Zc...

22 Loka 20251h

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