DEX in the City: Why the Prediction Market Bans Could Just Be Beginning
Unchained3 Apr

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 Mike Selig has unveiled an expansive agenda across artificial intelligence, crypto and prediction markets. Former CFTC staffer and FTX General Counsel Ryne Miller joins DEX in the City hosts Vy Le and Jessi Brooks to unpack the agenda and answer whether the regulator has the resources to fulfill it. According to Miller, the agenda could see the agency return to a schedule similar to the Dodd-Frank era under then-Chair Gary Gensler. Beyond the CFTC's regulatory moves, Miller also weighs in on the growing bans on the use of prediction markets by certain officials. Find out why he says it is a trend that is likely to continue. Plus, should Canton be segregated from other blockchains? Hosts: ⁠⁠⁠⁠⁠⁠Jessi Brooks⁠⁠⁠⁠⁠⁠, General Counsel at Ribbit Capital ⁠⁠⁠⁠⁠TuongVy Le, General Counsel at Veda Guest: ⁠Ryne Miller, Partner at Morrison Foerster & Former FTX General Counsel Links: Unchained: CFTC Clears Path for Phantom to Bridge Crypto Wallets and Derivatives CFTC Moves to Rein In Prediction Markets as Industry Booms SEC and CFTC Move Toward Unified Crypto Rules Crypto Startup Bet on Its Own Fundraise on Polymarket, Then Apologized How Prediction Markets Make Espionage So Much Easier — and Risk National Security Visa Approves Its First Blockchain Governance Proposal, Joining Canton Network as Super Validator Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(1140)

Pump.fun’s $370M Burn Was a Mistake, Says Luca Netz: Uneasy Money

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Pump.fun set fire to $370 million in tokens. Luca lays out the airdrop math that says they should have done the opposite. Thank you to our sponsors!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MultiChain Advisors is an emerging...

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The Chopping Block: Defi United’s “Bailout,” MegaETH’s KPI Vesting, and Prediction Market Chaos

The Chopping Block: Defi United’s “Bailout,” MegaETH’s KPI Vesting, and Prediction Market Chaos

Is the era of protocol bailouts upon us? The Chopping Block crew and MegaETH's Shuyao Kong debate Defi United’s community-funded rescue, the KPI vesting experiment shaking up token launches, whether D...

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How Microsoft Won the OpenAI Fight as Markets Rally on Iran

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One side wins the OpenAI-Microsoft divorce, Ram calls a 19% earnings growth year 'bananas,' and Chris wants the US to hack back against DeFi exploiters. Here is the full rundown. --- Heads up! If y...

29 Apr 57min

How Microsoft Won in Its Revised Deal With OpenAI

How Microsoft Won in Its Revised Deal With OpenAI

Microsoft restructured its agreement with OpenAI, and Ram Ahluwalia has a clear verdict: Microsoft won.  In this segment from Bits + Bips, Ram explains the three things Microsoft secured from the new...

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How Morpho Survived a $300M DeFi Hack With Only $1M Exposure

How Morpho Survived a $300M DeFi Hack With Only $1M Exposure

People think of Aave and Morpho as competitors. But Morpho only lost $1 million when North Korea drained $300M from a DeFi protocol. The architecture explains why. ===================================...

29 Apr 37min

Bits + Bips: How the Kelp rsETH Hack Left Aave With $193M in Bad Debt

Bits + Bips: How the Kelp rsETH Hack Left Aave With $193M in Bad Debt

Luke Leasure and Shaunda Devens of Blockworks Research explain how three compounding failures, Kelp's one-of-one bridge signer, Layer Zero's permissive default settings, and Aave's failure to flag it ...

28 Apr 9min

Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack

Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack

KelpDAO’s hackers left telltale signs pointing to one culprit, North Korea. Then, in a surprise move, the Arbitrum Security Council decided to fight back. ============================================...

26 Apr 1h 7min

Did Arbitrum Violate DRPK's Property Rights? No, Because It Wasn't Their Property

Did Arbitrum Violate DRPK's Property Rights? No, Because It Wasn't Their Property

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24 Apr 1h 20min

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