CoinDesk Podcast Network

Latest Episodes:

FIRST MOVER: Legal Expert on Pitfalls of FTX's Bankruptcy Plan May 11, 2024

Show notes

Found.xyz co-funder and bankruptcy attorney Nicholas Hall discusses FTX's new plan to repay its creditors.

To get the show every day, follow the podcast here.

Found.xyz co-funder and bankruptcy attorney Nicholas Hall joins "First Mover" to discuss the FTX estate's new plan that would see 98% of its creditors get back 118% of their claims in cash. Plus, the hidden pitfalls of the reorganization plan and a potential timeline for court approval.

Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

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COINDESK DAILY: TON, RNDR Surge; Kraken Asks Court to Dismiss SEC Claims May 10, 2024

Show notes

Host Jennifer Sanasie breaks down the latest news in the crypto industry from the surge in TON and RNDR tokens to Kraken asking a court to dismiss the SEC claims against the exchange.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as TON, and RNDR tokens have rallied over 13% in 24 hours. Plus, Kraken's lawyers have asked a court to dismiss the SEC's claims against the exchange. And, Binance and KuCoin became the first offshore crypto-related entities to be approved by India's anti-money laundering unit.

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

UNCHAINED: How the Top One-Third of FTX Creditors Are Boosting the Payouts for Everyone Else May 10, 2024

Show notes

The draft FTX bankruptcy plan is being lauded for paying out more—in dollar terms—to creditors than expected. But it’s at the cost of customers who hold the most valuable assets on the exchange.

Listen to the episode on Apple Podcasts, Spotify,Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Thomas Braziel, managing partner at 117 Partners, dives into the draft FTX bankruptcy plan, which was praised for paying out at more than 100% in dollar terms, but has several intricacies that are drawing criticisms from creditors—including a group that is urging creditors to vote not.

The episode delves into the nuances of the proposed payout, explaining how the estate was able to pay back more than 100% of the dollar value of the claims, why some creditors are being pitted against each other, and why it might get approved even “over the kicking and screaming” of some creditors.

Braziel gives his insights into the rapid formation of this plan, the controversial role of Sullivan and Cromwell, and the logistical challenges posed by what may end up being paper check payouts.

Show highlights:

Why the plan that was filed this week is such big news
How it was never even possible for creditors to be made whole in crypto asset terms
How the majority of depositors had stablecoins on the FTX platform
Why there are “inter-creditor” disputes
What a "cramdown" is and why it's significant in this case
Criticisms of the plan, and why larger investors, especially with crypto holdings, are having their gains socialized
Whether the FTX estate made mistakes by selling some of its positions before they 10x’ed
Why FTX didn't reboot its platform
What conflicts of interest might arise from law firm Sullivan and Cromwell
The tax implications for creditors who are non-US taxpayers
How the claims are going to be distributed
Whether the creditors will favor the proposal and the next steps

Thank you to our sponsors! iTrustCapital | Polkadot | VaultCraft

Guest |

Thomas Braziel, Managing Partner at 117 Partners
Previous appearances on Unchained:
Why FTX Might Try to Claw Back Funds From Retail Customers
Will FTX Reboot? Here’s John Ray’s Internal Deadline for Making a Decision
Will FTX Customers Ever Recover Their Assets? Two Insolvency Experts Weigh In
Will Celsius Survive the Bankruptcy Process?
How Crypto Bankruptcy Claims Buyers Will Profit From the Collapse of FTX

Links |

Previous coverage on Unchained of the FTX bankruptcy:
Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion
Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX?
The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater
Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets
The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?

Creditors plan:

Unchained: 98% of FTX Creditors to Receive 118% Claims Payout
Thomas’ summary of the plan

Dollarization:

Unchained: Is it Fair That Crypto Bankruptcies Are Denominated in Dollars? Here’s a Solution to Dollarization

Criticism of the plan:

Nicholas Hall’s thread
Sunil Kavuri’s opinion on X
Zach Guzman on the sale of Anthropic

Taxes:

Thomas’ thread on the taxes for creditors

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

THE MINING POD: Difficulty Drop, Arkansas Mining Bans and AI Mining Pivots May 10, 2024

Show notes

Bitcoin experienced its first difficulty adjustment after the Bitcoin halving, giving some breathing room to much belabored Bitcoin miners.

Follow along on your favorite podcast player of choice by clicking here.

In this week’s Mining Pod, Will and Matt dig into Bitcoin and Bitcoin mining news including: difficulty dropping 5.5%, Arkansas putting restrictions around Bitcoin mining and large Bitcoin miners pivoting into artificial intelligence (AI) infrastructure.

Chapters |

00:00:00 Start

00:02:07 Hashrate go down

00:06:35 Texas grid spikes

00:10:57 Canaan Avalon A15

00:17:26 Arkansas hates noise & communists

00:25:01 Miners pivot to AI infrastructure

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

👉 Watch our livestream on Samourai Wallet!

Follow our host on Twitter, @wsfoxley.

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Markets Daily: CoinDesk Markets Week in Review May 10, 2024

Show notes

CoinDesk Indices presents notable data insights from the week, followed by additional analysis from an industry expert.

To get the show every day, follow the podcast here.

The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. Subsets of the CoinDesk Market Index (CMI) are investible CoinDesk Crypto Sectors and the CoinDesk 20 Index, designed to measure the performance of the top digital assets. Today’s takeaways are provided by Tracy Stephens, senior index manager at CoinDesk Indices with additional analysis from Jason Leibowitz, Managing Director, Head of Private Wealth at Hashnote. For more on CoinDesk Indices, visit: coindeskmarkets.com.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

FIRST MOVER: Are Art NFTs Here to Stay? May 10, 2024

Show notes

Sotheby’s Vice-President and Head of Digital Art and NFTs Michael Bouhanna discusses the state of NFTs and future of digital art.

To get the show every day, follow the podcast here.

Sotheby’s Vice-President and Head of Digital Art and NFTs Michael Bouhanna joins "First Mover" to discuss the state of non-fungible tokens in the art world and the challenges when it comes to the adoption of digital art. Plus, outlook on the evolution of NFTs in the next decade.

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

COINDESK DAILY: Binance Fired Investigator Who Uncovered Client Market Manipulation; 'Boden' Memecoin Surges May 09, 2024

Show notes

Host Jennifer Sanasie breaks down the latest news in the crypto industry from an investigator fired by Binance to the surge in "Boden" meme coin.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Wall Street Journal article that says Binance fired an investigator who uncovered evidence of market manipulation at DWF Labs, one of the exchange's clients. Plus, insights on Robinhood's strong earnings report and the surge in "Boden" meme coin after former President Trump's comments.

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

MARKETS DAILY: Crypto Update | Bitcoin Outlook and BitMEX Options Trading May 09, 2024

Show notes

The latest price moves and insights with Helene Braun and BitMex CEO Stephan Lutz.

To get the show every day, follow the podcast here.

Today on "Markets Daily," Helene Braun speaks with Stefan Lutz, CEO of BitMEX, about the surge in crypto derivatives trading volume and the Bitcoin outlook. They discuss the recent launch of options trading on BitMEX and the demand for meme coins. Lutz predicts Bitcoin will trade between $60,000 and $70,000 in the coming weeks, with potential for major corrections or new all-time highs, while also explaining the benefits of options trading and features of BitMEX's platform.

Chapters |

00:00 Introduction and Market Update

01:21 Bitcoin Outlook: Range-Bound Trading

06:42 BitMEX Launches Options Trading

09:33 Expansion Plans and Accessibility

13:39 The Rise of Meme Coins

16:06 Conclusion

LINKS |

CoinDesk 20

BitMEX

Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers, and more in Austin, Texas from May 29-31. CoinDesk curates the tenth annual Consensus to feature the industry’s most sought-after speakers, unparalleled networking opportunities, and unforgettable experiences. Take 15% off registration with the code MD15.

Register now at consensus.coindesk.com.

This episode was hosted by Jenn Sanasie. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

FIRST MOVER: What Happens if ETH Is Deemed a Security? May 09, 2024

Show notes

Bragança Law attorney and former SEC enforcement branch chief Lisa Bragança discusses Robinhood's Wells Notice from the SEC and why the agency will likely go after ether staking.

To get the show every day, follow the podcast here.

Lisa Bragança, Bragança Law attorney and former SEC enforcement branch chief, joins "First Mover" to discuss Robinhood's Wells Notice from the SEC and the agency's approach to crypto regulation. Plus, why the SEC will likely go after ether staking, and what happens to ETH holders if ether is deemed a security in the U.S.

This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

MONEY REIMAGINED: The Evolution of AI From Information Challenges to Overload With Brian Behlendorf May 08, 2024

Show notes

The early days of the internet were characterized by challenges in finding and disseminating information, which has now shifted to the problem of information overload. Linux Foundations’ Brian Behlendorf shares his take on establishing identity and building trust in AI models.

This episode is sponsored by Consensus 2024

Now Available for pre-order |

Michael Casey’s New Book with Frank H. McCourt, their forthcoming book: Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age

In this episode of "Money Reimagined," hosts Michael Casey and Sheila Warren are joined by Brian Behlendorf, Head of AI Strategy at the Linux Foundation and CTO of the Open Wallet Foundation, to discuss the early internet era and its lessons. They cover challenges in disseminating information, the shift to centralization, and the importance of trust and decentralization. They also address open-source software, AI model openness, and the future of technology, emphasizing the need for inclusive and trustworthy digital ecosystems.

Chapters |

00:00 Introduction and Background

03:01 Lessons from the Early Days of the Internet

08:10 Rethinking Trust and Decentralization

12:36 The Role of Open Source Software

22:23 Addressing the Challenges of Technology

25:33 Navigating the Flood of Information

27:33 Establishing Identity and Trust

34:33 The Potential of the Metaverse

39:16 Empowering Technology for Inclusive Experiences

Links |

Linux Foundation

Crypto Council for Innovation

CoinDesk.com

Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Take 15% off registration with the code MRP15.

Register now at consensus.coindesk.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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