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CoinDesk Podcast Network - BREAKDOWN: A “Crypto Frenzy”? Today’s Congressional Hearing Puts Bitcoin and DeFi in the Hot Seat

U.S. hearing on crypto indicates policymakers’ increasing intention to regulate the crypto market.

This episode is sponsored by Nexo.io.

An interview with a congressman followed by a congressional hearing on crypto signal policymakers are moving to the next phase of talks about regulating crypto.

  • Troubling comments in Congressman Bill Foster’s interview with Axios
  • Upcoming committee hearing titled ominously “America on ‘FIRE:’ Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?”


Foster has historically been a champion of the crypto market: He is a co-chairman of the Congressional Blockchain Caucus and was previously supportive of the future of crypto. However, in his recent Axios interview, his tone flipped, as he went as far as to suggest the need for a “cryptographic backdoor” to allow the court the ability to view or even reverse transactions. Is Foster’s new viewpoint indicative of a greater shift in policymakers’ attitude toward crypto regulation?

Today’s House Committee on Financial Services hearing with a particularly colorful title is yet another signal for an upcoming regulatory push in crypto. The hearing’s agenda includes a discussion of bad actors on decentralized currency exchanges, or DEX, including a reference to Mark Cuban’s recent loss of money in a DeFi “rug pull.” With an expert witness lineup, including Jim Cramer of “Mad Money,” Alexis Goldstein of the Open Markets Institute and Peter Van Valkenburgh of CoinCenter, there is quite a mixed set of viewpoints on the current state and future of crypto.

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Big Technology Podcast - How Gen Z Dates Online — With Tinder CEO Jim Lanzone

Jim Lanzone is the CEO of Tinder. He took over the world’s most popular dating app last summer, in the heart of the pandemic, and is starting to evolve its product to give people new ways to connect. Lanzone joins Big Technology Podcast to discuss how Gen Z wants to date online, how their behavior differs from millennials, and how that factors into his product vision. We also talk about the business of Tinder, whether Lanzone lets his kids use the app, and where its next challenger might come from.

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Song Exploder - AURORA – Runaway

AURORA is a singer and songwriter from Norway, who released her first EP in 2015, when she was 19 years old. It featured the song, "Runaway" and after it came out Aurora went on to win Norwegian Grammys for Best New Artist and Best Pop Artist. And she played the voice of the North Wind in Disney’s Frozen 2. This year, six years after that debut EP came out, Aurora’s song "Runaway" became a huge hit on TikTok. As of this recording, between YouTube and Spotify, "Runaway" has been streamed over half a billion times. In this episode, Aurora looks back at how the song first began, and how it evolved over time, from the demo to the final version.

For more, visit songexploder.net/aurora

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Stuff They Don't Want You To Know - What happened to Willie McRae?

When Scottish politician Willie McRae was found unconscious and on the edge of death in his car, the couple that discovered him rushed to contact emergency services. He expired in the second hospital he was sent to -- and as authorities looked deeper into his death, disturbing questions arose. Years since McRae's death, people still wonder what exactly led to his death.

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They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

See omnystudio.com/listener for privacy information.

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Headlines From The Times - A ride-along with the Afghan Air Force

Today, we examine the Afghan Air Force — its history, its success, its tenuous future. We talk with two of my L.A. Times colleagues who went on a helicopter ride-along... that came under attack. Since 2010, the U.S. military and other allies have poured in $8.5 billion to support the Afghan Air Force, which dates back to 1918. In a long war characterized by inefficiencies and failures, it has proven one of the few success stories. Now, its days might be numbered.

More Reading:

Afghanistan’s air force is a rare U.S.-backed success story. It may soon fail

Biden tells Afghan leaders that despite U.S. withdrawal, ‘we’re going to stick with you’

Troops bid goodbye to Bagram, once the heart of U.S. power in Afghanistan

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The Intelligence from The Economist - No day in court: Jacob Zuma’s jail sentence

South Africa’s embattled former leader will be imprisoned for failing to show up to trial—a sign that, for all the rot in South Africa, its Constitutional Court still has teeth. Our environment editor discusses the scope of heatwaves sweeping the northern hemisphere and cheap ways to lower their death tolls. And how a centuries-old rice dish has become politicised in India.

For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer