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This Week on Unchained: Legislation, Investments, Hamster Racing, and More!
Don't miss this week's content!
Congress is taking up three separate pieces of legislation concerning crypto, drawing out both parties' opinions on digital assets in front of the cameras. Will the status quo, under Bidan appointee SEC Chairman Gary Gensler, continue to be the norm Democratic lawmakers push for, or will more progressive members of the party find common ground with their Republican colleagues?
On this episode of Unchained, we are joined by Democratic New York representative Ritchie Torres to understand how younger members of the party view crypto, regulation by enforcement and the future of digital assets in Washington DC. Torres decries Gensler’s unorthodox methods, while calling on bipartisan solutions to protect retail investors.
Despite the doom and gloom, Placeholder VC partners Chris Burniske and Joel Monegro are highly bullish on the present moment. “We’re all going to look back on this period and remember it as fondly as we remember ‘18 and ‘19,” Monegro tells Laura Shin. The two long-term investors explain why the confluence of macroeconomic factors and crypto-native (and AI) innovations make this the ideal time to invest in a Web3 future. They cut their teeth on Bitcoin, they grew up with Ethereum; hear what they think is next.
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, they debate whether infrastructure is being over-invested in, explore the potential of UniswapX and the controversial launch of Worldcoin’s token, and dive into the curious world of hamster racing in crypto.
On Unchained Premium 💎
Ethena's Guy Young explains the innovative mechanics behind USDe, a stablecoin that combines Ethereum's yield with a unique hedging strategy.
In Case You Missed It 👀
by Samyuktha Sriram
The group of activist investors behind Incubator DAO sold the ROOK tokens received during the treasury migration.
The former FTX CEO reportedly made over 100 phone calls to the reporter behind the New York Times article that revealed Caroline Ellison’s private journal entries.
The CFTC seeks to regulate foreign individuals and corporations that reside and operate outside the U.S., stated Binance’s lawyers.
A U.S. District Judge has granted prosecutors additional time to make their case against former Celsius CEO Alex Mashinsky.
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