Author: CoinDesk

NFT expert gmoney says that OpenSea “rested on their laurels” far too long. Can the once-leading marketplace rise again?

Last week, OpenSea, the former frontrunner in the NFT marketplace, confirmed the layoff of half its workforce as the NFT markets seemed to bottom out. gmoney, NFT collector and founder of 9dcc, joins Unchained to provide insight into the once-dominant NFT marketplace’s fall from grace. He talks about the competitive dynamics that challenge the platform's market share and whether a token launch could help. In addition, gmoney delves into why the NFT market has been “abysmal,” what could potentially catalyze its revival, and how he thinks creator royalties will evolve.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights | 

• Whether OpenSea 'rested on their laurels' after becoming the market leader
• Whether the fact that its competitor Blur launched a token was a reason for OpenSea's fall
• Whether OpenSea not immediately following other platforms such as Blur in making creator royalties optional led to some of its decline
• How gmoney wants to incentivize people to pay creator royalties 
• Why the NFT market has gone down and what gmoney's thesis for NFTs is
• What catalysts could cause the next NFT bull run, according to gmoney
• How NFTs make it possible for certain groups to access new forms of credit 
• Whether Ethereum can be displaced in its leadership position in the NFT market
• What gmoney thinks could revive OpenSea’s prospects
• Whether Blur's model is to blame for the decline in the NFT market
• How gmoney thinks Blur should act to retain its market dominance

Thank you to our sponsors! Crypto.com | Arbitrum Foundation | Phemex | Popcorn Network

Guest | gmoney, NFT collector and founder of 9dcc

Links | 

Previous episodes of Unchained and The Chopping Block debating NFT Royalties:

The Chopping Block: Did Blur Cause a Decline in the NFT Market?

The Chopping Block: Two on Two Debate: NFT Royalty Throwdown!

Are NFT Royalties the Way? How to Build a Sustainable Creator Economy

Decrypt: 

Blur Jumps Nearly 30% Within Days While OpenSea Layoffs

Did Blur Really Crash the NFT Market?

OpenSea’s move to make creator royalties optional for NFT trades

Blur Overtakes OpenSea as Ethereum NFT Trading Skyrockets

Cointelegraph: OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch

CoinDesk: NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity

The Information: Coatue Cuts Value of OpenSea Stake by 90% as Fund’s Returns Sag

Axios: The fight over a shrinking NFT market as marketplaces foresee next big boom

Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Associate Producer is Eleanor Pahl and Executive Producer is Jared Schwartz.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores crypto market dynamics, a possible ether spot ETF, a shift in rates expectations and more.

Today's episode is sponsored by CME Group and PayPal.

To get the show every day, follow the podcast here.

Today’s Stories:

TH Soars Above $2K as BlackRock iShares Ethereum Trust Registered as Corporate Entity in Delaware  

Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge 

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From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. Participate in The Crypto Classic: Cryptocurrency Futures and Options Trading Challenge from Dec. 10-15 for the chance to win cash prizes. Compete against your peers while test-driving strategies for Bitcoin and Ether futures and options trading in a risk-free simulated environment. Visit https://www.cmegroup.com/cryptoclassic to find out more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

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PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents. Buy, sell, hold and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get started now at paypal.com/pyusd.

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This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk's SBF Trial Newsletter team shares their unique insights from inside the court room and exclusive behind-the-scenes anecdotes from their coverage of Sam Bankman-Fried's criminal trial.

Credits: Nikhilesh De, Managing Editor, Policy and Regulation, CoinDesk

              Sam Kessler, Deputy Managing Editor, Technology, CoinDesk

              Elizabeth Napolitano, Reporter, Policy and Regulation CoinDesk

              Danny Nelson, Managing Editor, Data & Tokens, CoinDesk

              Marc Hochstein, Executive Editor, CoinDesk

              Pubkey https://pubkey.bar/

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From the controversies in decentralized governance to the potential of decentralized data in Web3, this coverage delves into layer 2 developments and zero-knowledge proofs providing a glimpse into the promising future of blockchain and its ongoing evolution.

This episode is sponsored by Consensus 2024 

Follow the show here for more.

In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk,  explore the following stories:

•  Arbitrum Research Pitch 

A proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.

• The Graph Q&A   

The Graph, a protocol for indexing and querying data stored on blockchains, plans to add AI-assisted querying with large language models as part of a suite of new features disclosed Tuesday.

PROTOCOL VILLAGE SEGMENT  

• Margaux’s scoop on Kraken plus latest on L2s (Including Nil)

The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs, and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.

EPISODE LINKS |  

Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag 

Almost All of DeFi Uses the Graph' – Q&A With Edge & Node CEO Tegan Kline 

The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying

Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network 

Sign Up for THE PROTOCOL NEWSLETTER 

From Our Sponsor: 

CONSENSUS 2024 by Coindesk 

Secure your $109 Developer Pass today and join us in Austin May 29-31 to explore the epicenter of blockchain innovation at Consensus. This is where the top blockchains show off their latest advancements, share their detailed roadmaps, dive deep with technical workshops, and forecast the next wave of innovation. Don’t wait! These passes are limited. Learn more and register: https://consensus.coindesk.com/register/developer/

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores the factors behind today's crypto market moves, a new big-name crypto exchange, bitcoin fees, GDP growth and more.

Today's episode is sponsored by CME Group and PayPal.

To get the show every day, follow the podcast here.

Today’s Stories:

Bitcoin Call Skew Hints at Further Price Rise as Spot ETF Optimism Energizes BTC 

GDPNow - Federal Reserve Bank of Atlanta 

Deutsche Börse to launch cryptocurrency exchange in 2024 - Ledger Insights - blockchain for enterprise 

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue 

KuCoin and Gate exchanges to list BRC-20 memecoin Sats | The Block 

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From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. Participate in The Crypto Classic: Cryptocurrency Futures and Options Trading Challenge from Dec. 10-15 for the chance to win cash prizes. Compete against your peers while test-driving strategies for Bitcoin and Ether futures and options trading in a risk-free simulated environment. Visit https://www.cmegroup.com/cryptoclassic to find out more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

-

PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents. Buy, sell, hold and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get started now at paypal.com/pyusd.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

Summary

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores the factors behind today's crypto market moves, a new big-name crypto exchange, bitcoin fees, GDP growth and more.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Well, the show's over: Sam Bankman-Fried was found guilty on all seven counts in the FTX fraud trial. Now, the crypto industry and its reporters move on to other topics – maybe even out of crypto winter, and into spring?

On "Carpe Consensus," hosts Ben Schiller and Danny Nelson dive into the latest crypto news.

• [0:55] Inside the Desk: CoinDesk reporter Helene Braun has been covering the Sam Bankman-Fried trial alongside Danny Nelson. The pair reflect on the verdict and the experience in the courtroom.
• [14:58] The world of crypto still turns, even as SBF's trial comes to an end. Ben and Danny chat about what's on the horizon, from the end of crypto winter to the rise of real world asset tokenization. Ben highlights Consensus Magazine's Trading Week package.

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The challenges of crypto journalism ( journalism as a whole) and the necessity of holding key players accountable cannot be understated, as journalists grapple with the complex dynamics of a transforming industry.

This episode is sponsored by CME Group and PayPal.

In today's episode of "Money Reimagined," hosts Michael Casey and Sheila Warren delve into the crucial role the press plays in shaping public perception of emerging technologies. They discuss the ongoing evolution of journalism, influenced by tech monopolies and the impact of social media, that underscores the need for adaptability and a commitment to fair and balanced reporting. Furthermore, blockchain's potential to establish trust in journalism through immutable records and provenance of information holds promise, even as the limitations of blockchain analysis and AI in understanding intricate financial data remain evident. 

In the age of decentralization, journalists play a vital role in safeguarding the public interest and revealing conflicts of interest in blockchain. Outlets like CoinDesk offer comprehensive coverage and expert insights on AI and decentralized technology. In this digital era, Casey and Warren stress the ongoing importance of journalistic integrity and ethical standards, especially as AI gains prominence.

Links to topics discussed in this episode | 

The story that started it all:

Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance Sheet

A year in review: 

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High 

Wall Street Journal and Elliptic controversy explained

Elliptic disavows WSJ report on Hamas' crypto fundraising 

Wall Street Journal corrects article misciting Hamas' crypto

When AI and Blockchain Merge, Expect the Mundane at First

What Crypto Can Learn From AI About Getting Its Way in Washington

AI Is Killing Crypto Venture Capital Interest

From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for

bitcoin and ether trading. Participate in The Crypto Classic: Cryptocurrency Futures and Options

Trading Challenge from Dec. 10-15 for the chance to win cash prizes. Compete against your

peers while test-driving strategies for Bitcoin and Ether futures and options trading in a risk-free

simulated environment. 

Visit https://www.cmegroup.com/cryptoclassic to find out more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

-

PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S Treasuries, and similar cash equivalents. Buy, sell, hold, and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get Started now at paypal.com/pyusd

-

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores a crypto IPO, Chainlink, Fed comments and more.

Today's episode is sponsored by CME Group and PayPal.

To get the show every day, follow the podcast here.

Today’s Stories:

Dragon Is Latest Meme Stock Craze in China on Zodiac Year Hopes - Bloomberg

Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK

Stablecoin Issuer Circle Internet Said to Consider 2024 IPO - Bloomberg  

-

From our sponsors:

CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. Participate in The Crypto Classic: Cryptocurrency Futures and Options Trading Challenge from Dec. 10-15 for the chance to win cash prizes. Compete against your peers while test-driving strategies for Bitcoin and Ether futures and options trading in a risk-free simulated environment. Visit https://www.cmegroup.com/cryptoclassic to find out more.

Disclaimer:

This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.

-

PYUSD, a stablecoin made for Payments. 1USD = 1PYUSD.

Introducing PayPal’s new digital currency, PayPal USD (PYUSD), a stablecoin backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents. Buy, sell, hold and transfer it in our app or site and explore Web3 with a payments brand that has been trusted for over 20 years.

Get started now at paypal.com/pyusd.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A defense lawyer and a former prosecutor discuss what SBF’s likely sentence will be, the defense’s hope for an appeal, and whether the government will pursue the second trial.

In this episode of Unchained, Laura does a detailed unpacking of the historic Sam Bankman-Fried trial and verdict with defense lawyer Sam Enzer and former Southern District of New York prosecutor Rich Cooper. They discuss what a thorough job the government did in presenting its case, whether the government will pursue a second trial on campaign finance charges, why it takes so long for sentencing to occur, what the differences between this case and the Bernie Madoff case are, and what Bankman-Fried’s likely sentence will be. 

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights | 

• How the cross-examination of SBF showed to the jury that he was unreliable, according to Rich
• Why the charge conference with the jury is important to the prosecution for “protecting the record”
• Why the closing argument of the prosecutors was so effective 
• What “conscious avoidance” is and how the prosecutors tried to prove that SBF was guilty of that
• Why SBF’s tweet last November that  "FTX is fine" was the hardest part of the trial for the defense, according to Enzer
• Why Enzer wasn’t surprised by how quickly the jury made its decision 
• What SBF’s strongest argument is for an appeal
• Why Enzer "hopes" that there won't be a second trial against SBF and whether he will plead guilty to the additional charges
• Why the sentencing occurs so many months after the verdict
• How this case is similar, but also different, from the Bernie Madoff case
• How many years SBF could spend in prison, according to Enzer and Cooper
• When cooperating witnesses such as Caroline Ellison, Nishad Singh, and Gary Wang are likely to get sentenced

Thank you to our sponsors! Crypto.com  | LayerZero  | Popcorn Network

Guests | 

Sam Enzer, partner at Cahill Gordon & Reindel.

Previous appearances on Unchained: 

Why SBF's Testimony So Far Has Likely Already Doomed Him

Another Bad Week for Sam Bankman-Fried in His Criminal Trial

Why These Lawyers Say It's Over for SBF-But His Only Hail Mary Is to Testify

SBF Trial: How Sam Bankman-Fried’s Lawyers Might Try and Win His Case

SBF’s Lawyers Could Be Annoying the Judge. How Might That Impact the Trial?

Rich Cooper, Former SDNY prosecutor

Links | 

Previous coverage by Unchained on the trial of Sam Bankman-Fried:

How Heated Sidebars During the SBF Trial Could Impact the Jury’s Decision

SBF Trial, Day 1: Possible Witnesses Include FTX Insiders, Big Names in Crypto, and SBF’s Family

SBF Trial, Day 2: DOJ Says Sam Bankman-Fried ‘Lied’ While Defense Claims His Actions Were ‘Reasonable’

SBF Trial, Day 3: Why a True Believer in FTX Flipped Once He Learned One Fact

SBF Trial, Day 4: SBF’s Lawyers Annoy Judge Kaplan, While Wang Reveals Alameda’s Special Privileges

Sam Bankman-Fried Trial: Here's Everything That Happened So Far

SBF Trial, Day 5: SBF's Defense Finally Found Its Legs, But Can It Counter Caroline Ellison?

SBF Trial, Day 6: Caroline Ellison Recalls 'The Worst Week of My Life'

SBF Trial, Day 7: In SBF Trial, Did the Defense Lose Its Opportunity With the Star Witness?

SBF Trial, Day 8: Former BlockFi CEO Adds Credibility to Fraud Charges 

SBF Trial, Day 9: Nishad Singh Describes Former FTX CEO as a Bully and Big Spender

SBF Trial, Day 10: Defense Struggles to Discredit Nishad Singh's Testimony

SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole

SBF Trial, Day 12: Former FTX General Counsel Speaks Out Against SBF

SBF Trial, Day 13: Before Judge, Former FTX CEO Sam Bankman-Fried Gives Few Straight Answers

SBF Trial, Day 14: Sam Bankman-Fried Casts Blame on Others for Key Decisions at FTX

SBF Trial, Day 15: Prosecutors Hammer Bankman-Fried’s Contradictions With Reams of Evidence

SBF Trial, Day 16: In Final Cross Examination, SBF Gets Caught Again by His Own Words

SBF Trial, Day 17: Closing Arguments Ask: ‘Villain or Good-Faith Actor?’ 

SBF Trial, Day 18: Sam Bankman-Fried Found Guilty on All 7 Counts in Swift Verdict

Did Sam Bankman-Fried Have Intent to Defraud FTX Investors?

Katie Haun’s thoughts on the sentencing

Protos: Sam Bankman-Fried caught deleting more tweets that aged like milk

Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The FTX founder still faces potential post-trial motions, sentencing and perhaps another trial.

Link to story: 'What's Next for Sam Bankman-Fried's Legal Case'

Sign up for The SBF Trial Newsletter

Credits: Nikhilesh De, Sandali Handagama, Wondercraft AI Voice

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.