Public Key

Tommy Nicholas, CEO of Alloy, discusses the broken fraud model in the crypto and fintech industry and the need to shift focus to the person. He emphasizes transparency and accountability and explores the role of automation and AI in supporting compliance teams. Topics include money laundering controls, processing suspicious activity reports, and threat actors in online onboarding. The podcast also covers Alloy's role in managing risks for companies, the impact of customer onboarding on the threat landscape, and combating fraud in the crypto industry.

As a young prosecutor, Jonathan Skrmetti (Tennessee Attorney General) worked on cases that had similar plots to the movie, Training Day. His early cases ranged from law enforcement corruption, human trafficking and presidential assassination attempts. In this episode, Ian Andrews (CMO, Chainalysis) got to talk to John about his thrilling entry to prosecutions and the cases he works on as the Tennessee Attorney general, including fighting the opioid crisis, minimizing big tech’s influence on children using social media and consumer protection in the crypto space.  John emphasizes the need for technical literacy in the judicial system and the evolving nature of technology and emphasizes the importance of collaboration between law enforcement agencies and the need for technological countermeasures to combat online scams and crimes. Minute-by-minute episode breakdown (2:10) - Tennessee Attorney General Jonathan Skrmett’s responsibilities and daily tasks (4:08) - Jonathan’s early DOJ Portfolio of Official Misconduct, Human Trafficking and Hate Crimes  (6:20) - Shift in criminal activity towards financial crimes and technology-based scams (8:45) - Importance of technical and blockchain literacy in the judicial system (10:50) - Lawsuit against Meta and the exploitative nature of social media on children (14:35) - Importance of collaboration and education in combating sophisticated crimes (20:52) - Complexity of the fentanyl crisis and the role of cryptocurrency (24:13) - Tennessee's conservative approach to crypto and NFT investment (27:45) - Need for policy environment that supports crypto innovation and protects citizens Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Jonathan Skrmetti Attorney General & Reporter Coindesk Article: Bipartisan Bill Would Allow Tennessee to Invest in Crypto and NFTs Announcements: Tennessee AG Opioid Settlements Article: TN AG Skrmetti Leads Coalition in Filing Lawsuits against Big Tech Giant Meta and its Social Media Platform Video: Attorney General Press Conference - use passcode: #8&di5!+  Advisory Report: U.S. Surgeon General Advisory - Social Media and Youth Mental Health Video: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) Blog: KPMG in Canada and Chainalysis team up to help organizations combat illicit crypto transactions YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Jonathan Skrmetti (Tennessee Attorney General) 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. 

Our 2023 GEO Report revealed that across the Sub-Saharan African region, centralized exchanges are the most-used platform type, facilitating over half of all transaction volume and in this episode, Ian Andrews (CMO, Chainalysis) speaks to an expert on the ground, Marius Reitz (General Manager Africa, Luno), to understand what's driving this grass-root adoption.  Marius shares his early journey into the crypto industry and discusses the challenges and opportunities in the African market. He highlights the importance of education and the need for regulatory clarity and collaboration between the crypto industry and regulators, in order for growth and stability in the market.  He also identifies the rise of peer-to-peer trading, and the potential for real-world asset tokenization and how Luno’s products and services continue to evolve to meet the needs of its customers and expand its presence in the African market. Minute-by-minute episode breakdown (2:09) - Marius's chance encounter with cryptocurrency and decision to join Luno (5:08) - The landscape of crypto in South Africa in 2016 and challenges in the industry  (8:20) - The role of education in Luno's operations and challenge and focus on providing safe access to the unbanked sector (12:45) - Crypto use cases in Africa: unmet needs and access to global markets (16:50) - Crypto regulatory climate in South Africa and relationship with traditional banking industry (19:35) - Ease of buying and selling crypto in and the peer-to-peer market in Africa (29:08) - Regulatory landscape and its impact on the African crypto industry (33:24) - Decentralized exchange landscape and the appetite for Real World Assets in Africa  (37:45) - Regulation to drive exponential growth expected in the African crypto market Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Luno aims to be one of the most compliant crypto investment platforms in the world Blog: Is Luno regulated? Why is this important? Announcement: Cardano staking is now available in South Africa through Luno LinkedIn Post: Identifying Fake Profiles Impersonating Luno Employees Blog: Cryptocurrency Penetrates Key Markets in Sub-Saharan Africa as an Inflation Mitigation and Trading Vehicle Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) Blog: Crypto Basics -What is Blockchain Gaming? YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Marius Reitz (General Manager Africa, Luno) 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.     

Ian Andrews (CMO, Chainalysis) and Co-Executive Directors of Web3 Working Group, Amy and Devon James, discuss decentralized physical infrastructure networks (DePIN) in the technology space. They emphasize the need for open protocols, challenges of building in Web3, and educating policymakers about potential technologies.

Bridge hacks, phishing scams and malicious code draining wallets have forced consumer protection to be a top priority in the crypto and DeFi industry. In this episode, Ian Andrews (CMO, Chainalysis) gets a deeper understanding of how decentralized insurance works with guest,  Brandon Brown (CEO & Co-Founder, FairSide), who are revolutionizing the insurance alternatives in the crypto space Brandon explains that decentralized insurance is still in its early stages and has yet to be fully defined and believes that the current models in the space are trying to reinvent the wheel, even though the traditional insurance model is robust and resilient. He also discusses the challenges of navigating the regulatory landscape in the insurance industry and explains that FairSide operates as a cost-sharing network rather than a traditional insurance product. Minute-by-minute episode breakdown (2:05) - Why Decentralized Insurance is yet to be defined and the importance of insuring valuable crypto assets (6:12) - FairSide Network's focus on wallet insurance for mass adoption (14:19) - Insurance companies invest premium deposits, but DeFi carriers shouldn't (18:47) - Traditional insurance expense model vs blockchain efficiency  (23:55) - Different approaches to governance in DeFi and wallet theft protection (28:01) - Navigating the regulatory landscape in traditional and crypto insurance (31:25) - Brandon discusses the roadmap and launch plans of Fairside (33:27) - FairSide can go mainstream and expand beyond crypto   Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Fairside: Personal Wallet Theft Protection  -  Self-custody with confidence Blog:   Decoupling from the risk of DeFi insurance Whitepaper: FairSide Whitepaper Article: Nasdaq: Protecting Your Crypto Portfolio: How Crypto Insurance Works Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Download Your Copy Today) Blog: An update on the UK’s Economic Crime and Corporate Transparency Act (ECCT) Webinar: Global crypto adoption: Does regulation matter for growth? YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Brandon Brown (CEO & Co-Founder, FairSide) 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. 

Roger Brown, Global Head of Tax Strategy at Chainalysis, discusses the new IRS proposed regulations on crypto tax reporting. He clarifies key terms, such as brokers and digital asset middlemen, and explores the impact on exchanges, payment processors, and decentralized platforms. They also discuss the role of effective KYC obligations and the importance of information reporting to tackle the tax gap.

Driving Web3 Adoption in TradFi Real world asset tokenization is all the hype with traditional institutions looking to delve into the world of web3, but security, accuracy and reliability of data and price points, continues to keep many on the sidelines. In this episode, Ian Andrews (CMO, Chainalysis) gets to speak with Kemal El Moujahid (Chief Product Officer) of Chainlink, whose team is connecting smart contracts with Web2 systems.  They delve into the benefits of Chainlink's Cross Chain Interoperability Protocol (CCIP) and the potential for real-world assets and data to be integrated into the blockchain in a secure and trust-minimized way. Kemal identifies the tension between speed and security in DeFi bridge transfers and the need for interoperability between chains, in order to unleash the real value of on-chain assets. He also explains Chainlink's role in providing connectivity and solving the limitations of smart contracts and how the future will be balancing real world assets with real world data and real world users. Minute-by-minute episode breakdown (2:15) - Kemal’s journey from Google into the world Ethereum Virtual Machine (EVM) and smart contracts (5:12) - Chainlink's role in providing connectivity and solving the limitations of smart contracts (8:58) - The importance of oracles in connecting smart contracts with Web2 systems (11:25) - Introduction to Chainlink's Cross Chain Interoperability Protocol (CCIP)  (13:55) - The tension between speed and security in DeFi bridge transfers (16:02) - CCIP's approach to waiting for finality on the source chain (21:45) - The connection between SWIFT and CCIP for modernizing the financial system (28:45) - Introduction to Chainlink Functions and its role in connecting smart contracts with Web2 APIs (32:27) - Real world assets, real world data, and real world users Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Chainlink is the decentralized computing platform powering the verifiable web Blog: What Is a Blockchain Oracle? Video:  Chainlink Tech Talk 22: Coinbase: Open-Source NFT Floor Price Feeds Whitepaper: ChainLink: A Decentralized Oracle Network Announcement:Cross-chain by Chainlink The era of secure blockchain interoperability has arrived Blog: OFAC Sanctions Gaza-based MSB Buy Cash with Crypto Ties to Hamas Following Terror Attack Against Israel Blog - Correcting the Record: Inaccurate Methodologies for Estimating Cryptocurrency’s Role in Terrorism Financing YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Kemal El Moujahid (Chief Product Officer, Chainlink) 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. 

Ian Andrews (CMO, Chainalysis) speaks with Kyle Downey (CEO & Co-founder, Cloudwall) about the need for better infrastructure and risk management tools in the crypto space. They discuss the challenges and opportunities in the DeFi space, the importance of counterparty risk, and real world asset tokenization for portfolio managers. They also explore the presence of manipulation in crypto markets, attracting institutional investors, the regulatory perspective on DeFi, and the balance between anonymity and privacy in blockchain technology.

Web3: Charting the Internet's Next Economic and Cultural Frontier The evolution of the internet from the read only web1, to interactive web2 of social media platforms like Facebook and Google, all the way to web3 where the emergence of decentralization and the absence of intermediaries and the exploration of intelligent autonomy. We have come a long way and in this episode, Ian Andrews (CMO, Chainalysis) talks with best selling author and co-founder of Blockchain Research Institute, Alex Tapscott to talk about his latest best selling book, WEB3 and the misconceptions about the internet’s next economic frontier. Alex and Ian dive deep into the topic of creator ownership, the balance between privacy and transparency in Web3 and the untapped potential of the Metaverse. Alex explains why he is optimistic about the future of Web3 adoption and the global impact it has in underbanked and underemployed regions and the need for every company to think about a Web3 strategy. Minute-by-minute episode breakdown (2:18) - Alex’s inspiration behind writing the book and the need to demystify web3 (5:08) - The evolution of the internet from web1 to web2 to web3 (9:20) - Balancing commercialization and the focus on ownership in web3 (14:06) - The potential market size for web3 and how big is the creator economy  (21:25) - Implementation hurdles for privacy and transparency balance in web3 (27:02) - The future of the Metaverse and its impact on the future of the web (33:12) - Acceleration of web3 implementation at the enterprise level (35:45) - Examples of web3 adoption in countries all over the world (38:18) - The relevance of Web2 companies in the future and who will capture value in the next cycle of innovation Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Alex Tapscott: Wall Street Journal Best Seller of book, WEB3 Amazon Books: Web3: Charting the Internet's Next Economic and Cultural Frontier Article:  Harvard Business Review: Web3 Could Change the Business Model of Creative Work News: New York Post: Using the power of Web3 to create the Internet we always wanted  Podcast: Bloomberg Businessweek: A Guide to Navigating the Next Internet Revolution Podcast: Breaking Banks with Brett King:Episode 510 - Future of Money and Web3 Blog: Eastern Asia: Do Recent Hong Kong Developments Signal More to Come for China and Region at Large? Blog: OFAC Sanctions Network Involved in China-based Manufacturing of Fentanyl and Other Drugs, Highlights Related Cryptocurrency Addresses YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Alex Tapscott  (Author, Web3: Charting the Internet's Next Economic and Cultural Frontier) 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. 

Bitcoin Mining and Data Centre Innovations Bitcoin Mining is not for the faint of heart and with the constant fluctuation of Bitcoin prices and available energy, many operations had to power off their operations within the last year. In this episode, Ian Andrews (CMO, Chainalysis) talks with Jaime Leverton, the CEO of publicly trading bitcoin mining and data center operation, Hut 8. Jaime breaks down the economics behind bitcoin mining and the need for mining operations to diversify and explains how Hut 8 brought on traditional data centers under its services. She addresses the criticisms surrounding the environmental impact of Bitcoin mining, emphasizing the industry's efforts to use renewable energy sources and reduce carbon emissions.  Jaime discusses the convergence of AI and blockchain technology as the next frontier for innovation and provides updates about material partnerships with US Bitcoin Corp (USBTC) and Coinbase.  Minute-by-minute episode breakdown (2:17) - Overview of Hut 8, one of the first publicly traded Bitcoin mining company   (6:03) - What drew Jaime into crypto and the potential for disruption (10:20) - Challenges and cycles in the Bitcoin  mining industry (15:35) - Excitement about the merger with US Bitcoin Corp (USBTC) and its benefits (20:25) - Discussion on the current market for mining GPUs and AI (25:21) - Addressing the environmental criticisms of Bitcoin mining (29:43) - Explanation of how Bitcoin miners interact with power providers (32:37) - Bitcoin mines can be set up anywhere with an energy source (35:49) - Future focus on AI, nuclear energy and blockchain intersection for innovation Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Hut 8: Powering the digital ecosystem Press Release: Hut 8 Provides Update on Business Combination with USBTC Report: KPMG Report: Bitcoin’s role in the ESG imperative News:  Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase Blog: OFAC Sanctions Mexican and Colombian Nationals Involved in Sinaloa Cartel Fentanyl Trafficking Blog: Middle East & North Africa: Crypto Takes Hold as UAE Leads the Way in Promoting Regulatory Clarity YouTube: Chainalysis YouTube page  Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Jaime Leverton (Chief Executive Officer, Hut 8) 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.