Unchained
@Unchained_pod
๐๏ธ Global crypto news & podcast network
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How GenLayer Is Building a Court System for Disputes Between AI Agents
New Uneasy Money: @erikvoorhees says crypto's job was never to serve crypto people, it was to become AI's plumbing. ๐
๐ค Why @stripe buying @OpenRouter is a clean crypto-to-AI pivot
๐ฐ Why he sold @AskVenice's equity, not its tokens
๐ Why he says America doesn't deserve to win the AI race by default
With @kaiynne and @tayvano_
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New episode with @CryptoHayes and @laurashin:
๐๏ธ Why the Treasury's buyback move looks like "soft yield curve control"
๐ค Why the AI CapEx boom could burst like 2008 all over again
๐ฝ Flop, his new currency built to pay AI agents for compute
๐ง Watch now.
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Stripe just paid billions for OpenRouter, the neutral router crypto-AI runs on. @ErikVoorhees of Venice is on Uneasy Money right now, telling @kain + @tayvano_ what it means when a payments giant owns the stack.
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Stripe just bought OpenRouter, the router much of crypto-AI runs on.
@ErikVoorhees of Venice joins @kain and @tayvano_ to ask who really owns the AI stack now, and why Venice raised equity while leaving its token alone.
Today at 4pm ET
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๐ Half of Hyperliquid's trading volume now comes from outside builders who keep 50% of the fees. Synthetix founder Kain Warwick says that split is "a bit crazy" and won't survive.
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๐ป "Every single crypto company of any significant size since 2020 has had an IT worker. A lot have had 10."
@laurashin went inside an actual hiring interview with a North Korean crypto developer to see how it's done.
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I Interviewed a North Korean Hacker Posing as a Crypto Dev
Fresh @DEXintheCityPod:
โ๏ธ Ondo's board vacancy after founder Nathan Allman's death
๐๏ธ The FDIC's new one-and-done fintech certification
๐ Why the CLARITY Act's September cloture vote might not be enough
@kkirkbos, Jessi Brooks, and @TuongvyLe12 break it all down.
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๐ฅ๏ธ One autonomous system controlling over a quarter of all staked SOL went 94% dark in minutes after a routing error. Most affected validators didn't fail over.
๐ฐ The Trust keeps 85% of staking rewards after a 15% fee, per its amended FETH filing. Grayscale and 21Shares have already moved on ether ETF staking; BlackRock launched a separate staked fund instead.
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๐ Goldman filed its own Bitcoin Premium Income ETF in April and never launched it. Now it's buying NEOS's BTCI instead, a fund that already cleared $1 billion in under two years.
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๐ท An exporter pays in stablecoins. A UK importer settles in digital pounds. Same trade, two forms of money. The Bank of England's Digital Pound Lab is testing if they can meet in the middle.
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In today's Unchained Daily newsletter:
๐ฅ Bank of England tests stablecoins and a digital pound in one payment flow
๐ฆ Goldman Sachs eyes NEOS and its bitcoin ETFs
๐ธ Fidelity filed to stake its $900 million ether ETF
๐จ A routing fault took 29% of Solana's stake offline
โก Read todayโs biggest crypto newsโฆ and subscribe for more!
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๐จ "A one-person board." That's how legal experts describe Ondo Finance's setup before its 32-year-old founder's sudden death sparked a control battle now playing out in Delaware's Court of Chancery.
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โ๏ธ Ondo Finance's founder died as its sole director, sole CEO, and controlling shareholder. Now his mother and the company's president are fighting for control in Delaware court, and crypto lawyers say it's a warning for every founder-led startup.
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One of the eeriest open questions from the Hugging Face breach:
Not one agent tried to do the right thing. "At no point did they say, let me tell OpenAI, or report this somewhere responsibly" โ or claim the bug bounty, says Taylor Monahan
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The OpenAI agents didn't just find bugs โ they built a society, complete with altruism.
One agent reasoned that helping another "mayโฆ give me some information in the future." "They've created a micro-society. It's insane," says Kain Warwick
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Bybit is suing North Korea in US court over the $1.5B 2025 hack โ a first move to claw back frozen funds without waiting on the FBI or DOJ.
Against a threat actor like DPRK, "typically the answer is not very much" recourse, says Taylor Monahan
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Privy made onchain onboarding effortless โ and that's exactly the exposure.
"It made [DeFi] more centralizedโฆ a giant database of all your information, [so] you can spin up wallets against an email or Google login," says Kain Warwick
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