President of the Maryland Family Institute Jeffrey Trimbath and Grove City College Sociology Professor David Ayers join Federalist Culture Editor Emily Jashinsky to discuss how strong marriages and families in Maryland positively affect the state.
If you care about combatting the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism that America needs.
Ethena's synthetic dollar, USDe, hit a $2 billion market cap in just seven weeks, raising eyebrows. Ethena Labs founder Guy Young explores the risks of reinventing the digital dollar.
This week, Ethena was in the spotlight after the airdrop of ENA, its new governance token. Ethena’s flagship product, the “synthetic dollar” USDe has amassed a $2 billion market cap in less than two months. Meanwhile, ENA’s market capitalization sits around $1.4 billion, with a fully diluted valuation of $15.5 billion.
In this episode, Guy Young, founder of Ethena Labs, discusses the risks associated with Ethena, including custodial risks and counterparty risks to exchanges. Young also talks about the use cases of Ethena's governance token, and discusses the potential for Ethena to be integrated with DeFi and CeFi.
Show highlights:
An introduction to what Ethena is and how USDe works
Why the team doesn't want to refer to USDe as a stablecoin and prefers to use the term "synthetic dollar"
What the risks of USDe are, including custody, counterparties, and smart contracts
Why Guy is "pleased" with how the ENA airdrop went through
How ENA will be used and what its role will be in the governance of Ethena
Why Ethena is now onboarding Bitcoin as collateral
Why Guy thinks that there's been an "exaggeration" regarding the situation with Maker and Aave
Guy's response to the critics who say that Ethena is essentially Terra/Luna
Whether USDe would only work in a bull market
How the Ethena insurance fund works and what it aims to accomplish
What's next for Ethena after onboarding Bitcoin, with Solana potentially being the next asset
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
Trump Stock - Truth Social went public and the initial valuation was as high as $11 billion. However, the company is probably worth....wait for it.... $0.00. What will happen next?
Annuity Review - A show listener sent me a bunch of info on an annuity they were asked to invest in. All of the details will be exposed.
Free Dinner - I got a free steak and heard about all of they ways they can protect my money.
An underage girl has been placed under police protection in Ghana after it emerged she had been married to a 63-year-old traditional high priest. There was public outrage after footage of the customary wedding went viral. The office of the priest defended the marriage, saying it was only ceremonial. What's going on?
Also we hear a moving conversation between two Rwandans, 30 years after the genocide
And we visit London's first ever Nigerian Michelin star restaurant!
Presenter: Richard Kagoe
Producers: Charles Gitonga, Susan Gachuhi, Patricia Whitehorne, Nyasha Michelle
Compliance: Karnie Sharp
Editor: Andre Lombard and Alice Muthengi
Did a race of red-haired, not-quite-human, cannibalistic giants really terrorize the Paiute people in ancient America? For a long time, according to the story, this tale was thought to be little more than a piece of imaginative folklore -- until, that is, the fall of 1911, when guano miners stumbled upon a thousands of artifacts hidden in a mysterious cave just outside of Lovelock, Nevada.
We go through this week’s Bitcoin and Bitcoin mining news, including the dangers to TSMC chip production from the earthquake in Taiwan, Franklin Templeton on Ordinals and Poolin selling its 100 MW farm for a fair chunk of change.
Follow along on your favorite podcast player of choice by clicking here.
Welcome to the news roundup! Today we chat about potential delays to TSMCs chip production from the earthquake in Taiwan, Franklin Templeton on Ordinals and Poolin selling its 100 MW farm for a fair chunk of change.
Chapter Markers:
00:00:00 Start
00:01:07 Intro
00:04:21 The Big Empty Documentary
00:05:40 Taiwan Earthquake Impact
00:10:55 Bitcoin Ordinals Corner
00:15:33 Mining Pool Centralization
00:24:23 Stratum V2 Discussion
00:29:35 Poolin Sells Texas Assets
00:35:18 Sauna Miner Test: S21 vs M60
00:38:08 Outro
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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!
👉 Check out our other shows and content by going to Blockspace.media today.
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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!
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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.
Today's podcast reels in horror from the administration response to the tragic errors that led to the Israeli attack on a food convoy and how it represents what may be the final turn of the Bidenites against the war effort to extirpate Hamas. Give a listen.
In today's episode, we're unpacking the latest polling data, diving into J.K. Rowling's Twitter saga, and exploring the intriguing concept of sleep divorce. Tune in!
Israel releases report on the deaths of aid workers. Spring snow in the Northeast. Eclipse countdown. CBS News Correspondent Deborah Rodriguez has today's World News Roundup.