Unconfirmed

Dmitry Buterin, father of Vitalik Buterin and cofounder of BlockGeeks, discusses Ethereum at 5 years old. In this episode, he talks about:

• how he feels upon Ethereum's 5th birthday
• how he introduced Vitalik to Bitcoin
• what he thought when Vitalik dropped out of college to explore Bitcoin more
• his thoughts on Vitalik's initial idea and white paper for Ethereum
• what he thought of the ICO craze
• whether or not he worried about the SEC charging Ethereum or Vitalik with securities violations
• how Steven Nerayoff told Vitalik he should be worried about the SEC coming after him
• whether he tried to help Vitalik with the social challenges in growing Ethereum
• how Vitalik has changed through his work with Ethereum
• what he looks forward to as Ethereum shifts to 2.0
• what he thinks should happen with ether's monetary policy under Ethereum 2.0

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Nexo: https://www.nexo.io

Tezos: https://tquorum.com/

Episode links: 

Dmitry Buterin: https://twitter.com/BlockGeekDima

BlockGeeks: https://blockgeeks.com

Ethereum: https://ethereum.org/en/

Unchained interview with Vitalik on Ethereum's 5-year anniversary: https://unchainedpodcast.com/vitalik-buterin-on-ethereums-five-year-anniversary/

Links from news recap:

https://unchainedpodcast.com/why-bitcoin-surpassed-10k/

Haseeb Awan, CEO of Efani, a secure and private cell phone service, talks about how he became acquainted with hackers who took over prominent accounts on Twitter last week. He describes:

• the underground industry that steals cell phone numbers and why
• who the main players, Kirk, lol and "ever so anxious" are
• what the hackers did when they took hold of prominent accounts, such as those of Joe Biden, Barack Obama, Elon Musk, Bill Gates, and those of crypto companies such as Binance and Coinbase
• what the hackers could do with the information that they obtained with the accounts they took over
• why this was likely not a pre-planned attack
• what happened to the security of the Twitter accounts, and why their second-factor authentication protections did not keep their accounts from being hacked
• what lessons crypto people can take away from the Twitter hack and how they can protect themselves

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Nexo: https://www.nexo.io

Tezos: https://tquorum.com/

Episode links: 

Haseeb Awan: https://twitter.com/haseeb

Efani: https://www.efani.com

The New York Times story detailing the hack: https://www.nytimes.com/2020/07/17/technology/twitter-hackers-interview.html?searchResultPosition=3

Chainalysis analysis of the Bitcoin obtained in the hack: https://blog.chainalysis.com/reports/twitter-hack-july-2020-update

Twitter’s account of the hack: https://blog.twitter.com/en_us/topics/company/2020/an-update-on-our-security-incident.html

Analysis by Krebs on Security: https://krebsonsecurity.com/2020/07/whos-behind-wednesdays-epic-twitter-hack/

The recounting by the holder of the @6 account: https://medium.com/@lucky225/the-twitter-hack-what-exactly-happened-d8740d33c1c

Coinbase preventing customers from sending money to the hackers: https://www.theblockcrypto.com/post/72200/coinbase-says-it-prevented-over-1000-customers-from-sending-280000-worth-of-bitcoin-to-twitter-hackers

Fortune on why the attackers will have a hard time cashing out: http://links.info.fortune.com/e/evib?_t=5c2d888702774d17aa3d0350287b6d73&_m=4ecf0f55469542a782a36f0ec9d8df09&_e=EaRX5Sk3zpaQLYk6z4FZ9OwiLdl6CTboSs0AyX9UekCl-VWvzN8z8oZ2pelKQ5oGqAiv5DUuK6FhjOY1tputGIU-mTcXNHxotHGTm1cA2_L6YhT_jsJ_DRRCpdFSGEbh 

Convo between two of the hackers: https://i.imgur.com/aJUDLrI.png

Links from news recap:

https://unchainedpodcast.com/dear-bank-hodl-my-crypto/

Nate Maddrey, senior research analyst at Coin Metrics, discusses a report on the rise of stablecoins over the last few months that Coin Metrics published in conjunction with Bitstamp. He covers: 

• why a stablecoin supply that grew over five years has doubled in the last four months 
• why demand has grown, specifically for Tether, especially after Black Thursday
• why that demand caused Tether's price to rise above $1 post-Black Thursday
• why Tether is the most dominant stablecoin
• how traders were making money off that arbitrage opportunity and why the arbitrage stayed in place so long
• where Tether is popular
• why Tether's price goes up when the free float supply is high and why it goes down when the free float supply is low
• why the stablecoins have varied in their ability to stay stable and how individual stablecoins have reacted
• which types of users are holding stablecoins and various types of users are doing with it
• why it is that stablecoins appear to have different median exchange values
• and why stablecoins have higher velocity than bitcoin and ether

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Nexo: https://nexo.io

Tezos: https://tquorum.com/

Episode links: 

Nate Maddrey: https://twitter.com/natemaddrey

Coin Metrics: https://coinmetrics.io

The Rise of Stablecoins report: https://coinmetrics.io/the-rise-of-stablecoins/

Links from news recap:

https://unchainedpodcast.com/a-brazen-bitcoin-heist-on-twitter/

Jeff Roberts, senior reporter at Fortune and author of "King of Crypto: One Startup’s Quest to take Cryptocurrency Out of Silicon Valley and Onto Wall Street" talks about the news this week that Coinbase may go public later this year. We talk about:

• how Coinbase may offer an additional token offering in addition to a traditional listing
• how the firm has been laying the legal groundwork for an innovative offering
• Coinbase's new chief legal officer, Paul Grewal, who is a former federal judge who has ruled over the Google-Oracle and Apple-Samsung trials and who was the deputy general counsel at Facebook
• what a direct listing, as opposed to a traditional IPO, could mean for Coinbase's investors
• what a Coinbase IPO would generally mean for the crypto industry
• why Coinbase's $8 billion valuation would likely go up in an IPO
• how the fact that overall interest in Bitcoin and crypto are down compared to the highs of 2017/2018 will affect a Coinbase listing

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Nexo: https://nexo.io

Tezos: https://tquorum.com/

Episode links:  

Twitter: https://twitter.com/jeffjohnroberts

Kings of Crypto audiobook: https://www.amazon.com/Kings-of-Crypto/dp/B085PY7S7H

Kings of Crypto print book: https://www.amazon.com/Kings-Crypto-Startups-Cryptocurrency-Silicon-ebook/dp/B085TRJY8X

Reuters story: https://www.reuters.com/article/us-coinbase-ipo-exclusive/exclusive-crypto-exchange-coinbase-readies-landmark-stock-market-listing-sources-say-idUSKBN24A21W

Unconfirmed interview with Jeff Roberts about his book on Coinbase: https://unchainedpodcast.com/the-brilliant-asshole-who-almost-blew-up-coinbase/

Coinbase’s recent legal hire: https://fortune.com/2020/07/08/coinbase-lawyer-paul-grewal-crypto-law/

Bitcoin interest is down: https://www.theblockcrypto.com/genesis/70437/data-shows-that-mass-adoption-is-still-nowhere-to-be-found?utm_source=rss&utm_medium=rss

Links from news recap:https://unchainedpodcast.com/the-most-pivotal-event-in-all-of-crypto/

Ben Celermajer, index manager at Coin Metrics, talks about a new metric Coin Metrics introduced this week, called free float supply. In this episode, he explains:

• what problems in general Coin Metrics is trying to resolve with its various new metrics when it comes to blockchain-based tokens
• what other new metrics it has introduced
• what free float supply is
• what types of tokens and token holders it excludes from the free float
• how market caps change for some of the biggest coins when compared to the traditionally reported supply
• how using free float changes other valuation methods such as NVT and MVRV
• what other products Coin Metrics plans to build on these metrics

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Nexo: https://nexo.io

Episode links: 

Benjamin Celermajer: https://twitter.com/CelermajerB

Coin Metrics: https://coinmetrics.io

Coin Metrics blog post on free float supply: https://coinmetrics.io/introducing-free-float-supply/

Coin Desk on the new metric: https://www.coindesk.com/coin-metrics-offers-more-rigorous-measure-of-crypto-market-supply

Links from news recap:

https://unchainedpodcast.com/a-popular-bitcoin-theory-is-debunked/

Angel investor and writer Tony Sheng explains what yield farming is, why it's been such a craze, and whether or not the trend is sustainable. We discuss:

• how yield farming works
• how people could potentially earn 100% in annual percentage yields from it
• why people can earn more from lending or borrowing certain tokens vs. others
• how people can earn from borrowing at all
• how much leverage people are playing with
• the three ways people can lose their money while trying to yield farm
• and what the long-term significance is of yield farming for crypto

Unchained is hiring! 

Check out our job listing for a remote editorial assistant here!

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Nexo: https://nexo.io

DeversiFi: https://deversifi.com

Episode links: 

Tony Sheng: https://twitter.com/tonysheng

Tony's newsletter: https://www.tonysheng.com

Beware illiquid markets: https://tonysheng.substack.com/p/beware-illiquid-markets-lessons-from

Yield farming is the new GPU mining: https://tonysheng.substack.com/p/yield-farming-is-the-new-gpu-mining

How to earn 100% annual interest yield farming: https://twitter.com/tonysheng/status/1274393189231689728

How you might lose your funds yield farming: https://twitter.com/tonysheng/status/1274780457729617920?s=20

Links from news recap:

https://unchainedpodcast.com/why-chamath-palihapitiya-believes-in-bitcoin/

Kain Warwick, founder of Synthetix, discusses the launch of the COMP token this week, including:

• why the price of COMP tokens popped
• how this now meant that the governance of the Compound protocol was now in the hands of the community
• whether liquidity mining in DeFi is similar to or different from transaction mining on centralized exchanges
• what the price jump in COMP on day 1 means for a future DeFi bull market
• why Kain believes he is already seeing Bitcoin flowing into alts and DeFi tokens
• what this means for VCs who invested in layer 1 projects

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Nexo: https://nexo.io

DeversiFi: https://deversifi.com

Episode links: 

Kain Warwick: https://twitter.com/kaiynne

Synthetix: https://www.synthetix.io

Tweet storm on what he got wrong about COMP: https://twitter.com/kaiynne/status/1272875213319856129

Governance of Compound now in hands of the community: https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3

Tushar Jain’s tweet: https://twitter.com/TusharJain_/status/1272696517258883072 

Why Kain thinks COMP popping on its first day is a harbinger of a DeFi bull market: https://twitter.com/kaiynne/status/1272723560260198402?s=20

DeFi Weekly: https://defiweekly.substack.com/p/comp-lessons-and-learnings-651

Deribit on how this can create network effects: https://insights.deribit.com/market-research/supercharging-network-effects-in-crypto/

Tweet storm on the BTC dominance cycle: https://twitter.com/kaiynne/status/1269792683616120833?s=20 

Tom Shaughnessy tweet on how there’s no more competition between layer 1s — it’s more about DeFi: https://twitter.com/Shaughnessy119/status/1272373784616542209

Similar thoughts by Spencer Noon: https://twitter.com/spencernoon/status/1273403731586023431?s=20

Links from news recap:

https://unchainedpodcast.com/make-5x-on-day-1/

Robby Greenfield, the CEO of Emerging Impact and the former head of social impact and diversity programming at ConsenSys, talks about how the crypto community handles issues of diversity and inclusion. We discuss:

• why he thinks many in the community want to change everything but systemic racism
• why many in the community turned a blind eye to racist posts retweeted by cryptographer Nick Szabo
• how people in the crypto community responded to his recent essay on racism
• why cryptocurrency would not exist without black people
• his social impact work at ConsenSys
• how blockchain technology and crypto can help address issues of racism
• why blacks are underrepresented in crypto despite expressing more interested in it than other demographics

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Nexo: https://nexo.io

DeversiFi: https://deversifi.com

Episode links: 

Robby Greenfield: https://twitter.com/RobTG4

Emerging Impact: http://emergingimpact.com 

Robby’s essay in CoinDesk: https://www.coindesk.com/the-crypto-community-needs-to-stand-up-and-fight-racism

Robby’s tweet storm on why cryptocurrency would not exist without black people: https://twitter.com/RobTG4/status/1269430232861175808

Unconfirmed interview with Steven McKie: https://unchainedpodcast.com/look-for-opportunities-to-increase-diversity-in-crypto/

Robby's campaign, Crypto for Black Lives: http://chng.it/KFn7vnk5

Links from news recap:

https://unchainedpodcast.com/you-cant-buy-bad-press-like-that/

Steven McKie, CEO and founding partner at Amentum Capital, discusses the incidents involving Amy Cooper and George Floyd and the resulting protests, and how systemic racism affects black entrepreneurs in crypto. In this episode we discuss:

• His personal story from a childhood in poverty to running a crypto hedge fund
• How companies that want to hire from underrepresented groups have to change their habits to reach out to those communities
• Why underrepresented communities can be easily left behind at the time of technological revolutions
• Why Black Americans express more interest in crypto than white Americans and yet are still underrepresented
• What he says when people say that underrepresented groups choose not to be involved in crypto since there are no barriers

Take our survey!

Tell us what would you like to see from Unchained! Please take a moment to fill out the survey to let us know what you’d like from the show: surveymonkey.com/r/unchained2020.

Crypto.com has offered our survey respondents a chance to win a metal MCO Visa card — and Crypto.com will stake these cards indefinitely! Ten lucky winners will enjoy card benefits including free Spotify, free Netflix and 3% back on all spending, and they’ll earn extra interest on their crypto deposit and more!  Thanks, Crypto.com! Again, take the survey now: surveymonkey.com/r/unchained2020.

Unchained is hiring!

Come work at Unchained! We have an opening for a remote editorial assistant — find out more about the gig and apply here: https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Nexo: https://nexo.io

DeversiFi: https://deversifi.com

Episode links: 

Steven McKie: https://twitter.com/Steven_McKie

Amentum: https://amentum.org

Steven's personal story: 

https://www.marketwatch.com/story/i-started-from-the-bottom-bitcoin-investor-went-from-poverty-to-launching-a-hedge-fund-2017-12-18

Coinbase Reports: Black Americans and Crypto: https://blog.coinbase.com/coinbase-reports-black-americans-crypto-97e54cc89f84

Weekly News Recap:

https://unchainedpodcast.com/where-the-bitcoins-are/

Sergio Lerner, the head of innovation of IOV Labs and the creator of the Rootstock side chain, describes a pattern he discovered in early Bitcoin mining that he called Patoshi and why people are talking about it now. In this episode he explains:

• what the Patoshi pattern is
• what connection it has to Satoshi
• why the pattern exists
• how the pattern is being used now in a current court case in which Craig Wright is claiming he is Satoshi Nakamoto
• how the Patoshi pattern was used this week to evaluate a set of transactions involving early bitcoins signed with the statement, "Craig Steven Wright is a liar and fraud"
• how it can be determined whether or not recent transactions were mined under the Patoshi pattern

Take our survey!

Tell us what would you like to see from Unchained! Please take a moment to fill out the survey to let us know what you’d like from the show: surveymonkey.com/r/unchained2020.

Crypto.com has offered our survey respondents a chance to win a metal MCO Visa card — and Crypto.com will stake these cards indefinitely! Ten lucky winners will enjoy card benefits including free Spotify, free Netflix and 3% back on all spending, and they’ll earn extra interest on their crypto deposit and more!  Thanks, Crypto.com! Again, take the survey now: surveymonkey.com/r/unchained2020.

Unchained is hiring!

Come work at Unchained! We have an opening for a remote editorial assistant — find out more about the gig and apply here: https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Nexo: https://nexo.io

DeversiFi: https://www.deversifi.com/

Episode links: 

Sergio Demian Lerner: https://twitter.com/SDLerner

First blog post about the Patoshi pattern: https://bitslog.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Block 3654: https://www.blockchain.com/btc/block/3654

Photo of where block 3654 fits against the Patoshi pattern: https://twitter.com/nic__carter/status/1263130214726582272/photo/1

More background on the Craig Wright case: theblockcrypto.com/linked/66657/plaintiffs-in-craig-wright-case-present-new-evidence-that-he-fabricated-his-list-of-bitcoin-addresses-and-blocks 

https://www.coindesk.com/craig-wright-called-fraud-message-signed-bitcoin-addresses-satoshi

The addresses moved this week: https://www.reddit.com/r/bsv/comments/gq8ao1/more_than_100_addresses_with_unmoved_bitcoin/

https://paste.debian.net/plain/1148565

BitMEX Research on the recent transactions: 

https://twitter.com/BitMEXResearch/status/1264989743139500033?s=20

Stephen Palley's take on what this means for Craig Wright's claim: https://twitter.com/stephendpalley/status/1265739610434473984?s=20 

Links from news recap:

https://unchainedpodcast.com/the-15-year-old-with-a-private-jet-account/