On The Brink with Castle Island cover image

On The Brink with Castle Island

Weekly Roundup 12/22/23 (Inscriptions mania, Fairshake PAC) (EP.490)

Dec 22, 2023
Hosts discuss tree falling on house during storm, funding deals in crypto industry, inscriptions frenzy on various blockchains, and the new super PAC Fair Shake promoting pro-crypto members in Congress.
31:45

Podcast summary created with Snipd AI

Quick takeaways

  • A new super PAC called Fair Shake has raised $78 million from donors, including major players in the crypto industry, to promote pro-crypto members of Congress.
  • The founder of Zcash, Zooko, has announced his departure from the project, marking the end of an era for privacy coins despite its technological advancements.

Deep dives

Fair Shake raises $78 million to support digital asset objectives

Fair Shake, a new super PAC focused on digital asset objectives, has raised $78 million from donors, including Andreessen, Coinbase, Ripple, Ron Conway, Fred Wilson, and Buenco Ventures. The super PAC aims to target vulnerable congressional seats and promote pro-crypto members of Congress in order to advocate for digital asset interests.

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