The crypto market is experiencing a "Lehman Brothers" moment, according to Simon Dixon, the chaos caused by greedy short-termers exploiting vulnerabilities in nascent technologies such as DeFi and yield farming. The CEO of BnkToTheFuture says lenders marketed products as low-risk savings accounts to attract retail depositors. What they were really doing was investing customer funds in DeFi, effectively making their products high-risk securities. Dixon joins Real Vision's Ash Bennington to talk about what happened at these troubled exchanges, how the industry can recover, and when it can begin to move forward again. A Celsius shareholder, Dixon is committed to helping retail investors affected by the company’s failure. He leads the Celsius Recovery Plan, a community-driven solution that will work outside traditional finance, as was the case with Bitfinex. To learn more about the plan and to share your thoughts, please visit bnktothefuture.com/celsius. Recorded on July 8, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The story of Singapore-based crypto hedge fund Three Arrows Capital’s collapse continues in a U.S. bankruptcy court in Manhattan, with liquidators accusing 3AC’s co-founders of not cooperating and going missing. Zhu Su, one of those co-founders whose physical whereabouts are currently unknown, recently broke a weeks-long silence on Twitter to accuse those liquidators of "baiting." It’s an increasingly dramatic fall – and it’s also raised the clamor for regulation in the crypto space. To that end, the Treasury Department submitted a framework for international cooperation on digital assets, hot on the heels of the European Union reaching agreement on sweeping new proposals. Dan Roberts, the editor-in-chief of Decrypto, and Chen Arad, a co-founder and the chief operating officer of Solidus Labs, join Real Vision’s Samuel Burke for today’s edition of Crypto Unwrapped. Have questions for the panel? Send them here: https://exchange.realvision.com/discussion/12049/. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Max Song and Brad Van Voorhees are on a mission to drive clean energy use in Bitcoin mining by making it a literal badge of honor, issuing Proof of Sustainable Mining certificates to investors under ESG mandates to mark holdings mined according to their Sustainable Bitcoin Protocol. Max and Brad join Real Vision Senior Crypto Editor Ash Bennington to talk about their vision for a cleaner Bitcoin process and what it means for institutional adoption. Learn more about your ad choices. Visit podcastchoices.com/adchoices

What is “Web3 crowdfunding,” and how can it help companies hoping to grow in the blockchain space? Real Vision Senior Crypto Editor Ash Bennington spoke with Mike Rogers, Head of Crowdfunding at Securitize Markets, about how "entrepreneurs can raise capital from their community using Web3 technology to further the expansion of Web3.” Recorded on June 30, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mathieu Nouzareth is the CEO of The Sandbox, one of the world’s largest independent user-generated content platforms. His vision of the future for The Sandbox, which has already delivered over 40 million downloads to more than one million monthly active users, encompasses gaming and entertainment, art and fashion. Mathieu joins Ash Bennington to talk about what’s next in the metaverse. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Volatility in the crypto market has always been elevated relative to old-school markets. But, in the aftermath of the Three Arrows Capital and Celsius meltdowns, it’s been particularly brutal. Imran Lakha, the founder of Options Insight, joins Real Vision’s Ash Bennington to talk about how he’s navigating this bear market. Imran walks Ash through his most recent Crypto Insights report, with a special focus on what the options market is signaling about Bitcoin, Ethereum, and Solana. There are many amazing crypto bargains around the corner, according to Imran, but traders must be patient and wait for the right opportunity to jump back in. Recorded on July 5, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bitcoin (and cryptocurrency generally) often has been called a long-term inflation hedge. Over the last few months, however, soaring inflation (and central banks’ efforts to counter it) has been a major driver of broad losses across the crypto market. Indeed, the U.S. dollar’s purchasing power against Bitcoin has been in an uptrend for the better part of 2022, inviting skepticism of the “inflation hedge” narrative. Joe Zhao, a former economist at the Federal Reserve and a current partner at venture fund Millennia Capital, joins Real Vision Senior Crypto Editor Ash Bennington to share insights into how the Fed makes policy and to explain why he believes all asset prices are correlated. Zhao also forecasts the stock market’s performance for the balance of 2022 and into 2023 – noting that stock-market performance will be a good gauge of Bitcoin’s trajectory. The Fed’s efforts to control inflation mean this year and next are for recovery. But, according to Zhao, we’ll start to see growth again in 2024. Recorded on July 1, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Voyager Digital has filed for Chapter 11 bankruptcy protection in New York, blaming "volatility and contagion" in the market. The cryptocurrency brokerage previously revealed that it lost $650 million due to the collapse of Three Arrows Capital. In its court filing, Voyager reported it has more than 100,000 creditors and between $1 billion and $10 billion in liabilities. It’s the latest high-profile crypto firm to suffer the ultimate consequence amid the most significant downturn in the industry’s brief history, joining 3AC as well as Terra and Celsius. Sergio Silva, sales director at Fireblocks, joins Real Vision's Marco Olivera and Moritz Seibert to talk about Voyager and the crypto industry shakeout, a potentially groundbreaking DAO vote, and sweeping new crypto regulation in the EU. We want to hear from you! Please drop your questions right here on the Exchange: https://exchange.realvision.com/discussion/12028/. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The cryptographic protocol of proving and validating information without the prover revealing any additional information – known as zero-knowledge proof (ZKP) – is the key to securing and growing Web3 and the metaverse. That’s according to Thomas Walton-Pocock, the founder of Geometry, a research and investment firm focused on projects that leverage deep mathematics, cryptography, and engineering to drive Web3’s growth. Walton-Pocock joins Santiago Velez, co-founder and division lead of R&D at Block Digital, to talk about why privacy and scalability are the top considerations right now. He explains the longer-term, bigger-picture implications of its widespread deployment. And he notes that more crypto developers, users, and traders than ever are paying attention to ZKP right now. Recorded on June 28, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“Where is the yield coming from?” is what Tania Reif wants people to ask themselves before they invest. Reif, the chief investment officer at Senda Digital Assets, says the recent drama in the crypto market is not unlike episodes she’s seen in “traditional markets for the longest time.” She spent years in old-school finance, studying currencies and running portfolios for Soros Fund Management. Now, Reif has her own digital asset fund. Recorded on June 27, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices