Why Crypto Market Structure May Not Pass Until 2027: DEX in the City - Ep. 946
Unchained13 Nov 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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Bits + Bips: Why the Markets Now Have a Bullish Setup - Ep. 960

Bits + Bips: Why the Markets Now Have a Bullish Setup - Ep. 960

In this week’s Bits + Bips, Austin Campbell, Ram Ahluwalia, and Chris Perkins dig into a macro environment that’s suddenly turning more supportive: QT ending, institutions stepping in, improving liqui...

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What Ethereum Will Look Like When It Implements Its New Privacy Focus - Ep. 959

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With Aztec's Ignition Chain Launched, Will Ethereum Have Decentralized Privacy? - Ep. 958

With Aztec's Ignition Chain Launched, Will Ethereum Have Decentralized Privacy? - Ep. 958

Check out our sponsor Uniswap! Fresh off the launch of Ignition Chain, Aztec’s co-founders Zac Williamson and Joe Andrews discuss why they’re rolling out a privacy-preserving L2 now, how they’re appr...

23 Nov 20251h 18min

Bits + Bips: What CFTC Oversight Could Mean For Crypto As Trump's Chair Pick Crosses Key Senate Hurdle - Ep. 957

Bits + Bips: What CFTC Oversight Could Mean For Crypto As Trump's Chair Pick Crosses Key Senate Hurdle - Ep. 957

Thank you to our sponsors! Mantle Walrus President Donald Trump's pick for chair, Mike Selig, has cleared the Senate Agriculture Committee just as lawmakers look set to hand over crypto...

22 Nov 202531min

Bits + Bips: Why Bitcoin Will Keep Going Down - Ep. 956

Bits + Bips: Why Bitcoin Will Keep Going Down - Ep. 956

Check out our sponsor Uniswap! Bitcoin keeps drifting lower — and traders are asking the same question: where’s the floor? Host Steve Ehrlich brings on Markus Thielen, CEO of 10x Research, to walk t...

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The Chopping Block: DATs Break Below NAV — Consolidation, Buybacks & Quantum Fear  - Ep. 955

The Chopping Block: DATs Break Below NAV — Consolidation, Buybacks & Quantum Fear - Ep. 955

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21 Nov 202555min

Uneasy Money: Hyperliquid's Dilemma After 10/10: Protect Itself or Its Users? - Ep. 954

Uneasy Money: Hyperliquid's Dilemma After 10/10: Protect Itself or Its Users? - Ep. 954

In this episode of Uneasy Money, hosts Kain Warwick, Luca Netz and Taylor Monohan explore how the recent ICO boom compares with the 2017 era.  They share stories of some of the big names from the pas...

21 Nov 20251h 10min

ETH's HTTP Moment? How Ethereum Interop Layer Hopes to Fix L2 Fragmentation - Ep. 953

ETH's HTTP Moment? How Ethereum Interop Layer Hopes to Fix L2 Fragmentation - Ep. 953

Thank you to our sponsors! Uniswap Mantle The rise of Ethereum layer 2s has created a need for interoperability. While several solutions have emerged over the years, Ethereum Interop La...

20 Nov 202547min

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