BREAKDOWN: Why Crypto's 'Rogue State' Narrative is a Risk to the Industry

BREAKDOWN: Why Crypto's 'Rogue State' Narrative is a Risk to the Industry

Crypto tokens weren’t the only thing that saw a major pump yesterday. The total value locked in DeFi ascended to new heights. While part of this can be explained simply by the rise in ETH price, it also reflected traders turning to DeFi platforms as a way to get more exposure to the market action without selling their core assets. For all the exciting price action, not everything is pointing in a positive direction. These market moves don’t seem to reflect new market participants, for example, and anecdotally, times remain tough for projects trying to fundraise. In our final segment, we look at a blockchain conference in North Korea that the UN suggests simply attending may violate international sanctions, an Iran-focused hedge fund that uses cryptocurrency to work around international restrictions, and ask whether this sort of activity presents a narrative risk to the industry as a whole? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episoder(3946)

The Blockspace Pod: Understanding Thursday’s Market Meltdown

The Blockspace Pod: Understanding Thursday’s Market Meltdown

Markets across the board faced historic volatility yesterday, leaving many investors to ask: are we on the cusp of a crash? Subscribe to the Blockspace newsletter! Welcome back to The Blockspace P...

30 Jan 34min

SEC and CFTC Join Forces to Harmonize Crypto Leadership

SEC and CFTC Join Forces to Harmonize Crypto Leadership

Will the CFTC and SEC reach a 'united front'? As the industry gets ready for the SEC-CFTC Harmonization event in Washington today, Paul Hastings Partner Renato Mariotti and Jito Labs Chief Legal and ...

29 Jan 4min

Sam Altman-Tied WLD Token Jumps on OpenAI Biometric Rumors | CoinDesk Daily

Sam Altman-Tied WLD Token Jumps on OpenAI Biometric Rumors | CoinDesk Daily

World Network's WLD token skyrocketed over 27% on reports that OpenAI is building a "biometric social network." Sam Altman is reportedly eyeing the "World Orb" and Apple's Face ID to verify users. Wil...

29 Jan 2min

Coinbase Launches Prediction Market for U.S. Customers Ahead of Super Bowl  | CoinDesk Daily

Coinbase Launches Prediction Market for U.S. Customers Ahead of Super Bowl | CoinDesk Daily

Coinbase has officially launched its new prediction market platform, built in partnership with regulated operator Kalshi. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - This episode was hoste...

28 Jan 1min

How Anvil Protocol is Making 'Buy Now, Pay Later' Safer and More Efficient

How Anvil Protocol is Making 'Buy Now, Pay Later' Safer and More Efficient

Exploring Anvil protocol with Acronym Foundation President Tyler Spalding. Acronym Foundation President Tyler Spalding joins CoinDesk's Jennifer Sanasie to discuss how the Anvil protocol is turning d...

28 Jan 9min

IOTA’s Karen O'Brien on The $35 Trillion Bet on Industrial Blockchain

IOTA’s Karen O'Brien on The $35 Trillion Bet on Industrial Blockchain

IOTA CMO, Karen O’Brien reveals the high-stakes roadmap to transform the $35 trillion global trade industry from archaic paper systems into a frictionless, blockchain-powered infrastructure. Karen O’...

27 Jan 32min

U.S. Marshals Investigate $40M Crypto Theft Linked to Government Contractor's Son | CoinDesk Daily

U.S. Marshals Investigate $40M Crypto Theft Linked to Government Contractor's Son | CoinDesk Daily

U.S. government's crypto stolen? The U.S. Marshals Service is investigating allegations that the son of a government contractor stole over $40 million in seized crypto. Blockchain investigator ZachXB...

27 Jan 2min

The Blockspace Pod: Understanding ERCOT’s Massive Overhaul w/ Tom Kleckner

The Blockspace Pod: Understanding ERCOT’s Massive Overhaul w/ Tom Kleckner

ERCOT is overhauling how it processes and approves large load interconnections. Here are the changes that are under consideration. Subscribe to the Blockspace newsletter! Welcome back to The Block...

27 Jan 33min

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