Unchained

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  • The Chopping Block: Crypto’s Worst Week? Bybit Hack, Libra Scandal, & The Memecoin Reckoning - Ep. 788

    Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner break down the biggest stories in crypto. This week: Bybit’s $1.5B hack, likely by North Korea’s Lazarus Group, and the Libra scandal, where Hayden Davis exposes the memecoin playbook. Meanwhile, Dave Portnoy rugs Greed and Greed 2, Kanye’s YZY token leaks, and the LA Vape Cabal collapses. But crypto markets hold strong, and the SEC just dropped its lawsuit against Coinbase. Is this the end of the memecoin era? We break it all down.

    Show highlights

    🔹 Bybit’s $1.5B Hack – Largest crypto hack in history, linked to North Korea’s Lazarus Group. CEO Ben Zhou handled it masterfully, securing a bridge loan to cover outflows.

    🔹 Hayden Davis & the Memecoin Playbook – Argentina’s Libra token scandal exposed the insider trading behind celeb-backed coins. Hayden Davis spills the playbook on Coffeezilla.

    🔹 Portnoy’s Pump & Dump – Barstool’s Dave Portnoy rugs his own followers with Greed and Greed 2, then mocks them.

    🔹 The Memecoin Bubble is Popping – Sentiment shift: retail realizes the game is rigged. Memecoins may finally be out of steam.

    🔹 Kanye’s YZY Coin? – West’s team accidentally leaks a memecoin plan. Will it even launch, or is it DOA after the Libra scandal?

    🔹 The LA Vape Cabal Collapses – Once a driving force in memecoins, this underground group falls apart after links to Kelsier Ventures are exposed.

    🔹 Regulatory Winds Shift – SEC drops its lawsuit against Coinbase. Crypto enforcement pivots from good actors to actual fraud.

    🔹 Crypto Holds Up – Despite chaos, the market remains resilient. Infrastructure tokens are seeing renewed interest.


    Hosts

    ⭐️Haseeb Qureshi, Managing Partner at Dragonfly

    ⭐️Robert Leshner, CEO & Co-founder of Superstate

    ⭐️Tarun Chitra, Managing Partner at Robot Ventures

    ⭐️Tom Schmidt, General Partner at Dragonfly 

    Disclosures


    Timestamps 

    • 00:00 Intro
    • 01:41 The Largest Crypto Hack in History
    • 03:03 Bybit's Response and Industry Reactions
    • 04:51 North Korea's Involvement and the Aftermath
    • 18:06 Hayden Davis & LIBRA
    • 30:50 Meteora & the Solana Universe
    • 33:34 Downfall of Memecoins
    • 39:58 Hypocrisy of Celeb Coins
    • 47:00 Regulatory Changes and the Future of Crypto
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      59 min
    • Why Would Argentine President Javier Milei Protect Kelsier's Hayden Davis? - Ep. 787

      What started as another scammy memecoin launch has spiraled into one of Argentina’s biggest political scandals.

      The $LIBRA token, promoted by President Javier Milei and tied to Hayden Davis of Kelsier Ventures, is now at the center of multiple investigations—with allegations of bribery, insider trading, and political corruption. Some are calling it “CryptoGate.”

      Did Davis really have influence over Milei? Was the president’s sister involved in pay-to-play politics? Could Davis and Milei face legal action?

      This week, Danny Nelson, managing editor for data & tokens at CoinDesk, joins to reveal what his reporting uncovered, from secret deals to political fallout—and why this scandal could change how people see memecoins forever.

      Show highlights:

      • 1:47 How Hayden Davis was bragging about his connection to the Argentine presidency
      • 9:15 Why Karina Milei holds the keys to her brother
      • 11:31 Whether Milei is trying to protect Davis
      • 16:22 Whether Milei was an ignorant victim or a more knowledgeable participant in $LIBRA
      • 18:46 What charges Davis could face in the U.S.
      • 22:00 Why Danny thinks Jupiter is taking the right step
      • 24:34 Whether a memecoin such as $LIBRA could be considered a security
      • 29:32 What Davis should do with the $100 million in his possession
      • 33:40 Whether memecoins are now dead
      • 38:41 What the future of Pump.fun looks like

      • Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

        Thank you to our sponsors!
        • Mantle
        Guest
        Danny Nelson, Managing Editor for Data & Tokens at CoinDeskLinks
        • Previous coverage of Unchained on the LIBRA scandal:
        • How the Libra Scandal Exposed Memecoin Insider Trading on the World Stage
        • Bits + Bips: Could the LIBRA Scandal End the Memecoin Craze?
        • Unchained: 
        • LIBRA Insider and Argentinian President Holding Secret Calls
        • Meteora Co-Founder Resigns Amid LIBRA Scandal
        • Are Memecoins Collapsing? These 8 Charts May Be Signaling Yes
        • CoinDesk: Libra Token's Hayden Davis Bragged of Influence Over Argentina's Milei
        • Coinbase CEO Brian Armstrong’s post on memecoins
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          53 min
        • Bits + Bips: Could the LIBRA Scandal End the Memecoin Craze? - Ep. 786

          The $LIBRA token launch was a disaster—insider trading, price manipulation, and yet another memecoin scandal. But does this mean the memecoin era is over?

          This week, James Seyffart, Joe McCann, Ram Ahluwalia, and Noelle Acheson break down the fallout from the $LIBRA launch, what it means for Solana and the broader market, and whether the crypto community is finally waking up to the risks of insider-driven tokens.

          They also dig into macro trends impacting crypto—including whether institutions are secretly loading up on bitcoin, the role of DOGE in the broader market, and why some traders are starting to position for a bounce.

          Plus, what’s next for SOL after weeks of bleeding?

          Show highlights:
          • 2:45 - How everyone was so surprised by the $LIBRA scandal
          • 10:40 - Why the likes of Hayden Davis are admitting to fraud
          • 12:47 - Why Joe thinks that Solana is not affected by these debacles
          • 15:26 - What Davis should do with the $100M in his power
          • 20:21 - Whether the memecoin cycle is over
          • 25:48 - The irony of people who now want regulations
          • 33:31 - How big institutions have been loading up on bitcoin ETFs
          • 38:20 - Why the U.S. government should modernize its technology
          • 44:39 - Whether DOGE will have a big impact on macro
          • 51:24 - What the Fed will do in the near future
          • 55:29 - Why ETH outperformed this week and why the broader market tanked
          • 1:04:33 - Why Ram believes that Solana will have to get through the “psychological damage”
          • Sponsors:
            • Bitwise


            Hosts:
            • James Seyffart, Research Analyst at Bloomberg Intelligence
            • Joe McCann, Founder, CEO, and CIO of Asymmetric
            • Ram Ahluwalia, CFA, CEO and Founder of Lumida
            • Noelle Acheson, Author of the “Crypto Is Macro Now” Newsletter 
              Links

              Learn more about your ad choices. Visit megaphone.fm/adchoices

              1 hr 13 min
            • How the Libra Scandal Exposed Memecoin Insider Trading on the World Stage - Ep. 785

              Was Argentina’s president used to pump a memecoin? The launch of $LIBRA has turned into a political and financial scandal, with accusations of insider trading, bribes, price manipulation, and government ties to crypto influencers.

              In this episode, Diogenes Casares, a crypto trader with deep connections in both memecoins and Argentina’s crypto scene, exposes what really happened behind the scenes. He details how a network of market makers, influencers, and political insiders orchestrated the launch, how the price was manipulated from the start, and why he believes the entire operation was illegal.

              Casares also explains the potential legal consequences for those involved, the impact on President Javier Milei’s administration, and what all this means for the future of Solana memecoins.

              Show highlights:
              • 3:06 How Dio heard about the launch of an Argentina-related memecoin two weeks in advance
              • 8:09 Whether Argentines were the ones who actually lost money on the coin
              • 40:50 How Kelsier Ventures’ Hayden Davis crashed the price of the token
              • 14:51 How the story is being perceived in Argentina
              • 16:38 Why Dio believes Argentine President Javier Milei was naive
              • 22:38 Who the insiders were and what role they played
              • 26:56 Why Dio says that insider trading is illegal even in crypto
              • 30:31 How some of the insiders are “pathological liars,” according to Dio
              • 34:57 Why Dio doesn’t believe Jupiter’s statement and is skeptical about the Meteora founder’s statement
              • 40:50 Why Dio says Davis’ “strategy” was actually price manipulation
              • 44:32 What should be done with the $100 million that Davis holds
              • 45:24 How Milei could suffer politically because of the situation
              • 51:48 What Dio thinks about Dave Portnoy’s refund
              • 57:09 How it was disappointing that this scandal happened in a place with so much crypto adoption
              • 1:00:53 What’s next for Milei and whether he’ll go through impeachment

              • Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

                Thank you to our sponsors!
                • RockWallet
                • Mantle
                • Bitwise
                • Guest:
                  Diogenes Casares, a crypto trader from ArgentinaLinks
                  • Unchained: Crypto Community Incensed by Insider Activity on LIBRA Memecoin Promoted by Argentina’s President
                  • Coffeezilla interview: Argentina’s memecoin creator interview (LIBRA)
                  • Bribes, Insiders and a Manipulated President | What Really Happened with $LIBRA by Diogenes Casares
                  • Jupiter Exchange’s statement
                  • Meteora’s Ben Chow’s statement
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                    1 hr 9 min
                  • Crypto Sentiment Is Down Bad. But Is It Time to Go All In? - Ep. 784

                    Crypto sentiment is extremely low, but is the market completely wrong? While X is flooded with doomsday takes, Jeff Dorman, CIO of Arca, argues that the real fundamentals of crypto are stronger than ever.

                    In this episode, Jeff breaks down why investors are overlooking key signals—like growing regulatory clarity, the tokenization of real-world assets, and institutional interest—and how memecoins have hijacked the broader market narrative. He pushes back on claims that there are no fresh narratives and explains why the current climate reminds him of previous market mispricings that turned into massive opportunities.

                    He also dives into the potential of tokenized assets, why crypto adoption is way ahead of where people think, and why he believes the industry keeps making the same mistakes when it comes to marketing its breakthroughs.

                    Show highlights:
                    • 2:03 - How dishonest takes are flooding the crypto sentiment, according to Jeff
                    • 4:04 - Why he pushes back against the sentiment that there are no fresh narratives
                    • 6:13 - Whether memecoins are to blame for the poor market sentiment
                    • 13:17 - Why Jeff feels that the crypto investment thesis is still very strong
                    • 19:23 - Why Jeff says that the launch of $TRUMP and $MELANIA was a good thing for the industry
                    • 26:55 - Why layer 1s are very hard to invest in
                    • 30:57 - Laura and Jeff’s disagreement about what would it take for a blockchain to win
                    • Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

                      Thank you to our sponsors!
                      • Somnia Network
                      Guest
                      • Jeff Dorman, Chief Investment Officer and Co-Founder at Arca
                      • Previous appearance on Unchained: Crypto Prices Are Way Down. Is It Time to Buy the Dip?
                      • Links
                        • Unchained: 
                        • Arca: “That’s Our Two Satoshis” - I’m Fed Up with the Misinformation by Jeff Dorman, CFA
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                          52 min
                        • The Chopping Block: Berachain’s Hype, Portnoy vs. Cramer, & Negative Market Sentiment - Ep. 783

                          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. In this episode, we’re joined by Laura Shin, host of the Unchained Podcast, for a no-holds-barred discussion on the current state of the crypto landscape. We dive into Berachain’s shaky launch, dissecting its tokenomics, insider allocations, and why the hype didn’t hold. Then we uncover the rise of celebrity memecoin scams—how influencers are cashing in while their followers get rugged. Finally, we tackle the Ethereum vs. Solana debate: is Ethereum losing its edge, or is Solana’s growth just a speculative bubble? It’s an episode full of bold takes and sharp insights you won’t want to miss.

                          Show highlights

                          🔹 Berachain’s Big Faceplant: Launched with $10B hype, now scraping $2.5B FDV. There are too many VCs and not enough vibes to keep it afloat.

                          🔹 Memecoin Madness: Celebs faking hacks to rug followers? The dark side of crypto grifts gets exposed.

                          🔹 Is Ethereum Lost? Once the king of culture, it is now weighed down by L2 sprawl and fading relevance. Has Solana stolen the spotlight?

                          🔹 Solana’s Winning the Youth Vote: Fast, fun, and flooded with memecoins—exactly what Gen Z craves.

                          🔹 Peak Memecoin Energy: When the scams get this blatant, are we hitting the top—or just getting started?

                          🔹 Cramer vs. Meme Lords: Who’s worse for your wallet—a clueless TV pundit or a shameless influencer?

                          🔹 Regulators, Where You At? Chasing good actors while real frauds run wild. Classic crypto chaos.

                          Hosts

                          ⭐️Haseeb Qureshi, Managing Partner at Dragonfly

                          ⭐️Robert Leshner, CEO & Co-founder of Superstate

                          ⭐️Tarun Chitra, Managing Partner at Robot Ventures

                          ⭐️Laura Shin, Journalist, Author of ‘The Cryptopians,’ Founder and CEO of Unchained

                          Disclosures

                          Timestamps 

                          • 00:00 Intro
                          • 01:53 Berachain Launch and Community Sentiment
                          • 05:23 Market Sentiment and Crypto Cycles
                          • 18:03 Kanye West Leaks Scam Playbook
                          • 32:17 Cramer’s Curse vs. Portnoy’s Pump
                          • 39:23 Ethereum & Solana Drama
                          • 49:06 Ethereum's Existential Crisis (Again?)
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                            1 hr 2 min
                          • Bits + Bips: Why It's Time for Crypto Traders to Be Patient - Ep. 782

                            Crypto markets are at a crossroads. Is Ethereum primed for a short squeeze, or is its dominance fading? Are the SOL unlocks a real risk, or is the panic overblown? And did we already have an alt season without realizing it?

                            In this episode, hosts James Seyffart, Alex Kruger and Ram Ahluwalia sit down with Sal Ternullo, managing partner at A100x Ventures, to break down the biggest questions facing traders today. They discuss whether Trump’s tariffs are impacting ETH, why the market might be misreading SOL’s unlocks, and how traders keep falling into the same traps—losing money despite crypto’s explosive gains.

                            They also debate the real reason altcoins haven’t performed as expected, why memecoins might finally be dying off, and what the Growth Value Ratio reveals about the market’s future. Plus: the implications of Elon Musk’s bid for OpenAI, and whether Arweave’s AO can seriously challenge ICP.

                            Show highlights:
                            •    3:33 - Why Ram likes what Trump is trying to accomplish with the tariffs
                            •    10:35 - Why ETH got hit so hard with the tariffs and whether there’s a squeeze coming
                            •    15:24 - Whether the market will see an alt season
                            •    21:47 - Why Sal believes that the SOL unlocks are not a big deal and why he’d like to see a shift away from memecoins
                            •    25:09 - Why Ram thinks that crypto markets don’t have a clear narrative in the near future
                            •    27:28 - Why Alex is concerned about the SOL unlocks
                            •    32:19 - What the growth value ratio is teaching us about the state of the markets
                            •    40:59 - How the potential Kanye West memecoins is another example of why Sal doesn’t like this space
                            •    46:39 - Whether Arweave’s new project AO can compete with ICP
                            •    48:04 - How Elon Musk is running so many projects, plus bidding for OpenAI
                            •    55:26 - James’ analysis on the likelihood of various crypto ETFs being approved
                            •    1:03:01 - Why Alex thinks this is the perfect time to “be patient” in the markets
                            • Sponsor:

                              • Somnia Network
                              • Bitwise
                              • Hosts:
                                • James Seyffart, Research Analyst at Bloomberg Intelligence
                                • Alex Kruger, Founder of Asgard
                                • Ram Ahluwalia, CFA, CEO and Founder of Lumida

                                  Guest:

                                  Sal Ternullo, Managing Partner at A100x VenturesLinks
                                  • Unchained: 
                                  • Grayscale Files for Cardano ETF 
                                  • Central African Republic launches memecoin
                                  • Reuters: 
                                  • Trump raises tariffs on aluminum, steel imports in latest trade war salvo
                                  • Elon Musk-led group makes $97 billion bid for control of OpenAI
                                  • The Block: 
                                  • SEC delays decision on BlackRock's Ethereum ETF options trading until April 9 
                                  • Kanye West, after disclosing he was offered $2 million to launch a token, asks to speak with Coinbase CEO 'concerning crypto'
                                  • Kanye West quashes memecoin launch rumors, says coins 'prey on the fans'
                                  • James’ and Eric Balchunas’ tweet on the odds of crypto ETFs
                                  • Learn more about your ad choices. Visit megaphone.fm/adchoices

                                    1 hr 9 min
                                  • Why the Founders of Aave and Sky Are Still Bullish on Ethereum DeFi - Ep. 781

                                    Despite the ups and downs of the Ethereum ecosystem, two of its most influential builders—Aave’s Stani Kulechov and Sky’s Rune Christensen—remain bullish.

                                    In this episode, they discuss whether we’re witnessing a DeFi renaissance, the challenges of building on Ethereum vs. Solana, and why DeFi adoption isn’t growing as fast as some expected. They debate stablecoins, whether Solana is truly innovating, and how AI could transform DeFi by automating governance and risk management.

                                    They also respond to some hot takes—including whether Aave is falling behind Solana-based Kamino, and why Sky deployed its USDS stablecoin on Solana despite Rune’s long-standing Ethereum advocacy.

                                    Show highlights:
                                    •  02:33 Whether Sky and Aave are experiencing a “DeFi renaissance”
                                    • 11:49 How Stani and Rune are trying to appeal to a simpler audience
                                    • 23:00 Whether developers overlook how easy it is to build DeFi on Ethereum
                                    • 27:40 Why Stani believes there is not a lot of innovation in Solana
                                    • 32:17 What would need to happen for Aave to be in Solana
                                    • 33:27 Why Sky deployed USDS on Solana
                                    • 40:30 Whether the Ethereum ecosystem should be worried about users going to other chains
                                    • 49:19 Why Rune praises Solana’s culture
                                    • 51:38 How USDS’s growth on Base happens organically, contrary to Solana
                                    • 59:35 Why they believe that the combination of AI and DeFi will be so powerful

                                    • Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

                                      Thank you to our sponsors!
                                      • Mantle
                                      • RockWallet
                                      • Kelp DAO 
                                        Guest:
                                        • Stani Kulechov, Founder and CEO of Aave
                                        • Previous appearances on Unchained:
                                        • Stani Kulechov on Why Aave Is So Successful - Unchained
                                        • The Chopping Block w/ Stani Kulechov: Operation Chokepoint 2.0, Ethereum Innovation Push, & Polymarket Whales - Unchained

                                        • Rune Christensen, Co-founder of Sky
                                        • Previous appearances on Unchained:
                                        • Can Maker’s Rune Christensen Fix the Sad State of DAO Governance?
                                        • Rune Christensen of MakerDAO Part 1: How to Keep a Crypto-Collateralized Stablecoin Afloat
                                        • Rune Christensen of MakerDAO Part 2: How Dai Stayed at $1 While ETH Crashed From $1,400 to $85 
                                        • The Chopping Block: How to Manage MakerDAO, With Hasu and Rune
                                        • Rune Christensen of MakerDao on Its $15 Million From Andreessen Horowitz
                                        • Why It’s so Hard to Keep Stablecoins Stable
                                        • Links
                                          • Aave 2030 roadmap
                                          • Alex Svanevik of Nansen tweeted: “When Aave on Solana?” 
                                          • Qiao Wang of Alliance DAO commenting on why he recommends people build on Solana 
                                          • The First Non-EVM Deployment of Aave Protocol: Aave V3 on Aptos - General - Aptos Forum
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                                            1 hr 12 min
                                          • Did Washington Crush Crypto’s Most Important Bank? Its Former Chairman Says Yes. - Ep. 780

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                                            Silvergate Bank was once crypto’s most important banking partner, handling billions in deposits from the biggest players in the industry. Then, FTX collapsed—and everything changed.

                                            In this episode of Unchained, Mike Lempres, former chairman of Silvergate, talks about how Silvergate grew into a banking giant for crypto, why Washington suddenly turned against them—even after they survived the FTX crisis, and whether Operation Choke Point 2.0 was real.

                                            Plus, did short sellers and politicians work together to tank Silvergate’s stock? And what does the future look like for banks that want to serve crypto?

                                            This is part of the inside story of one of the biggest banking collapses in crypto history.

                                            Show highlights:
                                            • 2:08 How Mike’s background in banking led him to work in crypto
                                            • 4:10 Why banking has always been a challenge for crypto companies
                                            • 5:14 How Silvergate Bank got involved so much with the industry and how it achieved “tremendous growth”
                                            • 8:10 The “magic” of the Silvergate Exchange Network (SEN)
                                            • 14:19 Why Mike believes Silvergate’s problem was not banking regulators, but D.C. politics
                                            • 17:49 How everything changed after the FTX collapse
                                            • 24:45 Whether SEN is a valuable asset for a bank to have
                                            • 28:39 Why Mike believes that Operation Choke Point 2.0 is real
                                            • 30:48 Whether short sellers worked with politicians to tank Silvergate
                                            • 34:21 How Mike thinks that banks could service the crypto industry
                                            • Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

                                              Thank you to our sponsors!
                                              • RockWallet
                                              • Somnia Network
                                              • Quai Network
                                              • Mantle
                                              • Guest
                                                Mike Lempres, Former Chairman of Silvergate BankLinks
                                                • Unchained: 
                                                • Why the new FDIC Leadership Isn’t Convinced Operation Chokepoint 2.0 Exists
                                                • Regulators Are Limiting Banks Serving Crypto Clients. Does That Violate the Law?
                                                • Rep. French Hill Says He’d Investigate Operation Choke Point 2.0 as Financial Services Chair
                                                • Are Regulatory Failures to Blame for Crypto Banking Issues?
                                                • Caitlin Long on Why Operation Choke Point 2.0 Has Bankers Nervous
                                                • Ahead of Debanking Hearings, Industry Is Divided on Political Strategy
                                                • Caitlin Long on Why the Fed’s Rejections of Custodia Bank Seem Politically Motivated
                                                • How Will the FTX Collapse Affect Silvergate? A Bear and a Bull Debate
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                                                  52 min
                                                • The Chopping Block: LA Vape Cabal, Market Meltdown, & SEC’s Crypto Pivot - Ep. 779

                                                  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. In this episode, we dissect the chaos triggered by Trump’s trade war, which sent Ethereum and alts into freefall while Bitcoin held strong. Why are alts struggling, and is this just a flight to quality—or something deeper? We also dive into the LA Vape Cabal phenomenon and its bizarre influence on memecoin culture, debate whether the SEC’s new leadership is truly a game-changer for crypto, and analyze Binance’s latest scandal. Plus, is the memecoin cycle really over, or is this just another phase in crypto’s endless casino?

                                                  Show highlights

                                                  🔹 Trump’s Trade War Wrecks Crypto – Ethereum and alts nosedive as Trump’s surprise tariffs shake markets. Is this just macro panic or a deeper shift in investor sentiment?

                                                  🔹 Biggest Liquidation Day Ever? – Crypto saw its largest mass liquidation in history, with Bybit’s CEO estimating real losses closer to $8-10 billion—more than the FTX collapse.

                                                  🔹 LA Vape Cabal & Memecoin Mania – A bizarre Twitch-fueled trading cult is shaping the memecoin meta. Is this the future of crypto speculation, or just another fleeting grift?

                                                  🔹 The Great Altcoin Capitulation – Alts are bleeding while Bitcoin holds strong. Has the market finally given up on everything that isn't BTC?

                                                  🔹 Hester Peirce’s Crypto Reset – The SEC’s new approach could rewrite the rules for token issuers. Will the industry finally get the regulatory clarity it’s been begging for?

                                                  🔹 Binance Under Fire (Again) – CZ’s former empire faces backlash over insider listings, alleged bribes, and a wave of vaporware projects that tanked after launch.

                                                  🔹 Pump.fun = The New NFT Casino? – Memecoin speculation is bigger than 2021’s NFT boom. But is it sustainable, or is the exit liquidity running dry?

                                                  🔹 The Memecoin Endgame? – Some claim the bubble has burst, but if history tells us anything, a new wave of degens will always find a way to keep the casino open.

                                                  🔹 Bitcoin’s Macro Dominance – BTC’s macro story is unstoppable, with talk of a U.S. sovereign wealth fund investing in Bitcoin. Will the market ever rotate back to alts?

                                                  Hosts

                                                  ⭐️Haseeb Qureshi, Managing Partner at Dragonfly

                                                  ⭐️Robert Leshner, CEO & Co-founder of Superstate

                                                  ⭐️Tarun Chitra, Managing Partner at Robot Ventures

                                                  ⭐️Tom Schmidt, General Partner at Dragonfly 

                                                  DisclosuresLinks

                                                  Hester Peirce’s Blog Post – “The Journey Begins”: https://www.sec.gov/newsroom/speeches-statements/peirce-journey-begins-020425 

                                                  David Sacks' Plan for Digital Assets Press Conference:

                                                  https://youtu.be/LqTsyTuLSSI 


                                                  Timestamps 

                                                  • 00:00 Intro
                                                  • 01:08 Market Turmoil and Trade Wars
                                                  • 07:10 Bitcoin's Dominance & Altcoin Struggles
                                                  • 10:33 Memecoins & Market Sentiment
                                                  • 25:05 Cultural Phenomena in Crypto
                                                  • 33:54 The L.A. Vape Cabal
                                                  • 40:45 Millennials and Memecoins
                                                  • 44:51 Binance & the Chinese Community
                                                  • 50:45 Regulatory Developments in Crypto
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                                                    1 hr 5 min

                                                  About Unchained

                                                  From the publisher's feed

                                                  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…