Unchained 2025 Crypto Year in Review, Part 1: Shit Talking Edition - Ep. 990
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Dec 26, 2025 
Doug Colkitt, co-founder of Fogo and Ambient Finance, and Gwart, the host of The Gwart Show, bring humor to crypto's wild world. They discuss the surprising launches of Trump and Melania’s memecoins, diving into the implications of political figures entering the crypto space. They also explore Hayden Davis's unexpected rise as a coin launcher and his media antics. Plus, insights on the Bybit hack and its fallout highlight the precariousness of the market, leaving listeners both entertained and informed on the latest trends.
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Presidential Memecoins Shock The Market
- Trump and Melania unexpectedly launched memecoins right before inauguration, shocking the crypto community.
- Solana handled the surprise traffic and liquidity stress test and did not fail, which impressed many guests.
From Dropshipping To Presidential Coin Launches
- Hayden Davis, a former dropshipper, helped world leaders launch coins and became infamous across crypto shows.
- Guests noted his public interviews and behavior drew legal attention but no clear legal consequences yet.
Infrastructure Compromise Enabled Massive Bybit Heist
- The Bybit exploit exploited a compromised developer and signature display manipulation in infrastructure.
- The incident highlighted extreme operational risk in multisig and the need for paranoid signing practices.