Public Key

Christie's 3.0: From Fine Art To Fully On-Chain NFT Sales After changing the NFT industry for good with the $69 million Beeple NFT sale, Christie’s is once again revolutionizing the industry with Christie’s 3.0 In this episode, Ian Andrews (CMO at Chainalysis) sat down with Nicole Sales Giles, Business Director, Digital Art Sales at Christie's, to hear all about the new Christie’s 3.0 platform which was launched in partnership with Spatial, Manifold and Chainalysis and featured the works of 18 year old digital art phenom, Diana Sinclair.  Nicole talks about the Beeple sale that started it all and also the transcendence of contemporary and digital art.  She explains how Christie’s is onboarding traditional art and luxury goods collectors into web3 and the emergence of physical and virtual immersive experiences.  Minute-by-minute episode breakdown (3:10) – How a 250 year old auction house go from fine art to on-chain NFT sales  (6:15) – Nicole’s first interaction with NFTs and how she quickly had to get up to speed with the new era of digital art sales (10:15) – How to add curation and unique experiences like virtual NFT galleries via strategic partnerships  (13:25) –Combining the digital and physical art experience together to give buyers an immersive experience (16:35) Christie’s Ventures looks to leverage brand and expertise for art start-ups and to build the infrastructure for the future of art Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: Beeple’s opus - Everydays: The first 5000 days sold  online for $69,346,250 at Christie’s Press Release Christie's 3.0: Revolutionary Platform Established Christie's as First Global Auction House to Host Fully On-Chain Sales Website: Welcome to Christie’s 3.0 Twitter: Nicole Sales Giles Twitter Page LinkedIn Post: Under the Radar: Alternative Payment Systems and the National Security Impacts of Their Growth. Report: The NFT Market Report Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Nicole Sales Giles (Business Director, Digital Art Sales, Christie's) https://www.linkedin.com/in/nicole-sales-2b44012a It is noted that Christie’s is a Chainalysis Partner  This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

Everything You Wanted To Know About Decentralized Identity And Crypto Wallets In this week’s episode, Co-founder & CEO of DynamicLabs Itai Turbahn joins our host, Ian Andrews (CMO) for a look at what a multi-chain authentication based wallet looks like in web3 and how e can go from “wallet wars” to interoperability.  The conversation addresses one of the biggest debates in the industry, how to balance privacy with information sharing and Itai and Ian go deep into decentralized identity and how verifiable credentials could change the way we interact with our data in Web3. Minute-by-minute episode breakdown (2:18) – Itai’s origin story going from helping Israeli businesses get on the internet to becoming a sideline Bitcoin OG  (6:08) – Describing the current “wallet wars” space and how it feels very similar to the 90’s internet browser wars (11:45) – The need for crypto wallet interoperability and creating unique user experiences (16:33) – Dynamic going beyond multi-chain authentication and security into web3 identity (20:05) – Using Dynamic Wallets to turn on and off compliance requirements to adapt to various jurisdictions and regulations (23:03) – The shift from crypto as a currency use case to decentralized identifier applications  (30:30) - The Roadmap for Dynamic and the focus on the integrations needed to leverage Web3 identity Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: Wintermute Hack: Initial Analysis Website: Dynamic is your multi-chain wallet-based authentication and authorization platform. Blog: Dynamic: DIDs, VCs, SBTs and other web3 identity acronyms Blog: Dynamic: Everything You Wanted to Know About Wallet Keys Website: Circle’s Verite: Decentralized identity for crypto finance Podcast: Why Programmable and Transferable Wallets Could Be Crypto’s Missing Piece (Omer Sadika, dWallet Labs) Podcast: Putting The Stability Back Into Stablecoins (Caroline Hill, Circle) Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Itai Turbahn (Co-Founder & CEO, Dynamic Labs) https://www.linkedin.com/in/turbahn This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

$2 Million and Counting: How Pro-Russian Groups Are Using Crypto Donations to Fund the War in Ukraine After the U.S. Department of Treasury -  Office of Foreign Assets Control (OFAC) announced sanctions against Task Force Rusich, a Russian paramilitary organization operating in Ukraine. Host, Ian Andrews (CMO at Chainalysis) sat down with Andrew Fierman, who is Head of Sanctions Strategy for Chainalysis to help us better understand what led up to these actions.  Andrew describes the use of social media, cryptocurrency and war propaganda that has been assisting in fundraising efforts for Pro-Russia groups invading Ukraine and highlights the turmoil that has been happening in these Eastern European countries.  He also lists the various militia equipment that these groups have been requesting from their supporters.  Minute-by-minute episode breakdown (2:03) – Open Source war and the emergence of social media war propaganda  (3:45) – How Pro-Russia groups are using cryptocurrency to fund the invasion in Ukraine (5:20) – Rusich Task Force, Southfront and the history of Pro-Russia militia groups (8:25) – What are Pro-Russia groups using crypto to buy? (11:25) –The role that cryptocurrency and social media is being used to fund the War in Ukraine (14:25) – What is Terricon and how are they using NFTs to raise war related funds  (17:25) - How blockchain analytics are assisting OFAC and law enforcement to curtail Pro-Russian groups furthering war efforts  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: $2 Million and Counting: How Dozens of Pro-Russian Groups Are Using Cryptocurrency Donations to Fund the War in Ukraine Press Release Treasury Targets Additional Facilitators of Russia’s Aggression in Ukraine Blog: The 2022 Global Crypto Adoption Index: Emerging Markets Lead in Grassroots Adoption, China Remains Active Despite Ban, and Crypto Fundamentals Appear Healthy Report: The Chainalysis 2022 Crypto Crime Report Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Andrew Fierman (Head of Sanctions Strategy, Chainalysis) https://www.linkedin.com/in/andrew-fierman-87511611 This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

Why Programmable and Transferable Wallets Could Be Crypto's Missing Piece In this week’s episode, Founder & CEO of dWallet Labs, Omer Sadika joins our host, Ian Andrews (CMO) and they discuss what a bridgeless ecosystem would look like and how DAO governance could be revolutionized. Omer also describes what role access control will play in the future of crypto wallets and how these wallets can be both transferable and programmable to create a security first platform. He helps us understand MPC and why lack of cybersecurity experiences is leading to costly mistakes.  Minute-by-minute episode breakdown (2:15) – Starting in crypto from a cyber and API security background (6:08) – Why create a Layer 1 blockchain in 2022 and explaining what is access control (11:15) – Explanation of dwallet and its transferable and programmable features (16:33) – The challenges of maintaining security when building on Solidity and the elimination of bridges (21:30) – What is MPC and how it can be embedded into crypto wallets  (25:03) – Changing the way DAOs operate and move further toward true decentralization  (27:42) - Moving crypto wallets from centralized to decentralized environments  (32:30) - Wen Token? Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: $30 Million Seized: How the Cryptocurrency Community Is Making It Difficult for North Korean Hackers To Profit Website: Odsy: A secure, programmable and trustless access control layer to all of Web3 LitePaper: Odsy Litepaper: The Missing Piece of Crypto Blog: Understanding Tornado Cash, Its Sanctions Implications, and Key Compliance Questions Twitter Thread: What are dWallets and why are they crucial for the future of crypto? Article: Unlocking Decentralized Access Control Press Release: dWallet Labs Raises $5M in Pre-Seed Round As Odsy Network Comes Out of Stealth Blog: What Are dWallets and Why Your Users Will Want One Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Omer Sadika (Founder and CEO of dWallet Labs) https://www.linkedin.com/in/omer-sadika This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

From Crime to Restitution: Asset Realization for Crypto Assets In this week’s episode, Aidan Larkin, Founder and CEO of Asset Reality and a Chainalysis Partner joins our host, Ian Andrews (CMO) to discuss traditional and crypto asset seizures, the challenges with confiscating physical and luxury goods and how demystifying the realization of crypto and complex assets, may lead to mass adoption of cryptocurrency.  Ian and Aidan discuss the challenges with seizing and securing luxury art, yachts and cryptocurrency, while highlighting the financial impact on victims and how governments are educating themselves on investigating, recovering, managing and realising crypto and complex assets. Minute-by-minute episode breakdown (2:25) – From seizing lambos and luxury watches into confiscating crypto assets (5:15) – How traditional assets obtained by illicit means are seized and sold at auction  (11:15) – The challenge with suspects ability to gain access to cryptocurrency that has been seized as evidence in an investigation (14:48) – The shocking stats around crypto asset recovery efforts around the world (18:30) – Traditional asset recovery may be broken and crypto asset seizure blueprints may be the solution   (21:03) – Creating the playbook for crypto asset investigation, recovery and realization (24:55) – Why simpler recovery efforts lead to trust and safety for wider crypto adoption (27:42) - The challenges of allowing users to protect their data, while trying to add useful product features  (29:30) - The MetaMask partnership to bring safety to the user’s wallet experience and journey (31:35) - How off-shore jurisdictions are leveraging Asset Reality to participate in crypto economic opportunities Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: Mid-year Crypto Crime Update: Illicit Activity Falls With Rest of Market, With Some Notable Exceptions Website: Asset Reality: The Asset Recovery Company Article: Asset Reality Partners with MetaMask to Help Victims of Scams Recover Their Stolen Digital Assets On-Demand Webinar: Crypto Asset Recovery: Recovering, Managing & Realising Crypto Assets Website: Chainalysis Academy Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Aidan Larkin (Founder and CEO of Asset Reality) https://www.linkedin.com/in/aidan-larkin-29810781 ** It is noted that Asset Reality is a Chainalysis Partner ** This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

How Encrypted Email Could Be The Future Of Web3 Communications From building software for autonomous vehicles and SpaceX to launching a web3 native collaboration platform, In this week’s episode,  Co-Founder and CEO of Skiff, Andrew Milich joins our host, Ian Andrews (CMO) to discuss end-to-end privacy, data ownership and the future of web3 communications Andrew discusses how Skiff is reinventing the google docs and email workspace with a focus on user privacy and data protection. The conversation highlights the challenges and opportunities for building privacy first products and how this has led to a natural affinity to the crypto ecosystem. Minute-by-minute episode breakdown (1:45) – Andrew describes going from robotics, autonomous cars and spaceX projects and moving into privacy and trust in web3 communications  (4:05) – How SKIFF seems to be entering the web3 space leading with privacy vs.  tokenomics  (9:55) – The reinvention of google docs and workspaces but with end-to-end encryption  (12:35) – Predictions on whether 2022 would be the year of the cryptocurrency wallet (17:30) – Building fundamental product experience for web3 communications  (21:03) – How SKIFF plans to handle a Chainalysis size company with over 800 employees  (23:55) – Why messaging products needs end-to-end encryption and privacy built in  (27:42) - The challenges of allowing users to protect their data, while trying to add useful product features  (29:25) - The future of SKIFF and interesting projects in the crypto ecosystem Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: Mid-year Crypto Crime Update: Illicit Activity Falls With Rest of Market, With Some Notable Exceptions Website: Skiff: Private end-to-end encrypted workspace Article: Skiff Mail is taking on Gmail by betting on privacy  and crypto Article: How Secure Is the Ethereum Sitting in Your MetaMask Wallet? Website: Chainalysis Academy Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Andrew Milich  (Co-founder & CEO, Skiff) https://www.linkedin.com/in/amilich This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

Pig Butchering: Crypto’s Emerging Human Trafficking And Romance Scam Industry If you’ve ever gotten a friendly text message from a seemingly wrong number you might have been a target of the latest industrial scale scam targeting wealthy individuals around the world, known as Pig Butchering. In this week’s episode of Public Key, our host, Ian Andrews (CMO at Chainalysis) is joined by Alastair McCready, Southeast Asia Editor of Vice World News, who is based in Cambodia and has been investigating this human trafficking, romance, investment and crypto connected scam from its source.  Alastair explains how the scammers ensnare their victims by first building friendship and sometimes romance. We also learn that many of the scammers are victims themselves having been trafficked and held against their will forced to work for powerful organized crime rings. Some estimates put the profits from this scheme at more than $1 Billion, with very little resistance from pandemic stricken and financially depleted governments.   Minute-by-minute episode breakdown (2:05) – What is Pig Butchering and how does it differ from other scams and schemes associated with cryptocurrency  (4:25) – Analyzing whether Pig Butchering is a Billion Dollar industry  (7:05) – The process in which the scammers bonded with their victims and slowly gained trust (10:45) – Detailed look at how scammers were able to utilize crypto and legit exchanges to drain victims of their life savings (15:05) – Real life cases of human trafficking and forceable confinement in former casino resorts (18:03) – Uncovering the brutality and inhumane conditions of the human trafficking victims  (20:25) – Understanding if governments are compliant in this activity or taking action to stop pig butchering operations (23:05) - The importance of spreading the word about this emerging industrial scale scam Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Article: From Industrial-Scale Scam Centers, Trafficking Victims Are Being Forced to Steal Billions Report: The Chainalysis 2022 Crypto Crime Report Report: The Chainalysis State of Web3 Report Blog: OFAC Sanctions Popular Ethereum Mixer Tornado Cash for Laundering Crypto Stolen by North Korea’s Lazarus Group Blog: Public Sector Survey Preview: Chainalysis 2022 State of Cryptocurrency Investigations Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Alastair McCready (Southeast Asia Editor, Vice World News) https://www.linkedin.com/in/alastair-mccready-00088468 This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.   

Behind The Scenes of the Chainalysis State of Cryptocurrency Investigations Survey The Chainalysis 2022 State of Cryptocurrency Investigations Survey was released last month and in this week’s episode of Public Key, our host, Ian Andrews (CMO at Chainalysis) is joined live from our Washington DC studio by colleague, Joe Saar (Training Specialist) to analyze the feedback that we received from the Public Sector.  With his former law enforcement background, Joe explains how cryptocurrency is becoming more prevalent in police investigations and the need for educating law enforcement has grown in order to detect illicit activity, secure search warrants and seize crypto assets. This episode is packed full of great tips for investigators and some old police stories that you can’t miss.  Minute-by-minute episode breakdown (2:05) – Joe Saar’s origin story of kicking down doors with SWAT and fighting drugs and human trafficking at street level before going to business school and discovering Bitcoin (4:45) – Undercover operations as an undercover Darknet Market Fentanyl Trafficker  (7:05) – Chainalysis Public Sector survey reveals demand for law enforcement to get trained in cryptocurrency (10:45) – Is Law Enforcement seeing an increase of crypto connected to their investigation? (16:05) – The changing perspective of how Law Enforcement views crypto from negative to more accepting (19:03) – How to effectively prepare a crypto case for subpoenas, search warrants and judges and be able to educate during the process  (24:55) – The important of seizing cryptocurrency that has been obtained by illicit activity  (26:05) - How the Chainalysis Academy is taking investigator from zero to one in their crypto knowledge  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Chainalysis Academy Blog: Public Sector Survey Preview: Chainalysis 2022 State of Cryptocurrency Investigations Report: The Chainalysis 2022 State of Cryptocurrency Investigations Survey Book: American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road Report: The Chainalysis 2022 Crypto Crime Report Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Joe Saar  (Training Specialist, Chainalysis) https://www.linkedin.com/in/uscjoes44 This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

MEV Dark Forest: The Mystery Behind Ethereum Frontrunning In this episode of Public Key, our host, Ian Andrews (CMO at Chainalysis) is joined by the podcast’s first anonymous guest.  Nicknamed “Hazard”, the CEO of Rook, demystifies the “Dark Forest” of one of the greatest challenges of the Ethereum, MEV, which stands for maximal extractable value.  Hazard clarifies extremely technical concepts around frontrunning, sandwich attacks and Flashbots. Class is in session for this episode as Hazard provides informative insights into how MEV impacts users of Ethereum and explains why simple solutions being suggested could potentially compromise the decentralization of the network.  Minute-by-minute episode breakdown (2:05) – Hazard’s origin story as a Mathematician and stumbling across the Bitcoin Whitepaper and progressing from Discord to Core Team at Rook (7:45) – What is MEV is and how it fits into the cryptocurrency technology stack  (13:49) – How do large mining pools and private mempools impact MEV (20:00) – Should Ethereum users be genuinely concerned about market manipulation connected to MEV (25:05) – How does the MEV problem get fixed or is it just a cost of doing business to ensure miners are actively participating (28:55) – What is Rook.fi and how is it helping individuals and developers manage MEV (32:15) – The methodology on how to ensure that the MEV goes back to the user versus only going to the miner Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report: The Chainalysis State of Web3 Report Webinar: The State of Web: Watch On Demand (with Ethan McMahon and Kim Grauer Website: Rook Website Article: Flash Boys 2.0: Frontrunning in Decentralized Exchanges, Miner Extractable Value, and Consensus Instability Case Study: Rook Whale Case Study Blog: Introducing Chainalysis Government Solutions Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews “Hazard”  (CEO, Rook) https://twitter.com/0x81B This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

What You Need To Know Before The EU's MiCA and Travel Rule Regulations Comes Into Effect In this episode of Public Key, our host, Ian Andrews (CMO at Chainalysis) is joined by podcast, Caroline Malcolm (Head, International Public Policy & Research, Chainalysis), whose been filling the Chainalysis blogs with insights and clarification on the EU’s emerging Markets in Crypto-Assets (MiCA) and Travel Rule regulations and what it means for the crypto industry.  Caroline and Ian discuss the impact of these regulations on personal wallets, stablecoins and licensing requirements, while identifying where NFTs and DeFi land in this new regulatory framework.  This is a must listen for those trying to understand the most comprehensive cryptocurrency regulations of any jurisdiction globally to date.  Minute-by-minute episode breakdown (1:55) – Describing EU’s regulatory mandate regarding crypto assets as it relates to MICA and the Transfer Fund Regulation (5:15) – Insights into the Travel Rule and How the EU’s TFR implementation goes beyond FATF recommendations (9:30) – The EU’s stance regarding unhosted / personal wallets  (13:50) – Balancing collection of identification information by Crypto Asset Service Providers (CASPs) and privacy mandates  (16:05) –Can crypto users exploit and circumvent the EU policy objectives around proof of wallet ownership (19:08) - What topics MiCA does cover and what is excluded (NFTs and DeFi) from the pending regulations  (24:05) - What is a CASP and how does discrepancies in definitions create challenges for cryptocurrency firm (26:15) - How former Facebook’s Diem project influenced MiCAs stance on stablecoins and asset referenced tokens (29:30) - Does MiCA have the opportunity to set the standard when it comes to market manipulation regulations (32:00) How does environmental concerns over proof of work protocols impact MiCA regulations  Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Blog: EU Agrees on Comprehensive Cryptocurrency Regulations: Part 1 of Our Breakdown Blog: Breaking Down the EU’s New Cryptocurrency Regulations, Part 2: The MiCA Licensing Regime Podcast / Blog: Everything You Need To Know About The Cryptocurrency Travel Rule Report:The Chainalysis State of Web3 Report Webinar: The State of Web: Watch On Demand (with Ethan McMahon and Kim Grauer) Video: Chainalysis Links New York 2022 (Video Replays)  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews Caroline Malcolm (Head, International Public Policy & Research, Chainalysis) https://www.linkedin.com/in/malcolmcaroline This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.