Alex Pack

In this discussion, Alex Pack, managing partner at Hack VC and Web3 investment guru, shares insights on raising $150 million despite a challenging bear market. He highlights the importance of security in crypto and the future of DeFi, while exploring the intersection of AI and blockchain technology. Alex critiques FTX's downfall, shares his philosophy of backing hackers, and hints at a bright future for decentralized applications. With a focus on scalability and early-stage innovation, he emphasizes that the crypto landscape is just getting started.

Michael Jordan, founder at DBA and former co-head of investments at Galaxy Digital, joins Alex Pack, managing partner at Hack VC, to discuss the troubling prospects of Genesis and its parent company, DCG. They dive into the roots of Genesis's insolvency and how the 2021 crypto lending boom contributed to today’s challenges. The duo delves into the catalytic collapse of Terra and its ripple effects across the space. They share insights on assessing collateral quality and ponder how to avert future crises akin to FTX.

Discussing the early stages of crypto, AI's role, Hack VC's $150M fundraise, DeFi's future, and security importance. Exploration of backing hackers, Zuzalu community, and AI-integrated dApps. Debate on blockchain architectures, Bitcoin ETFs approval impact, and enhancing smart contract security.