The Ethereum Foundation Is Splitting Up - The Chopping Block

Description

The crew debates whether Saylor's STRC preferred shares are "Luna for suits," unpacks the ETH Labs spin-out and Ethereum Foundation layoffs, breaks down the CME's lawsuit against the CFTC to kill domestic perps, and weighs whether Meta's leaked prediction market Arena is a real threat to Polymarket. Show highlights 🔹 Saylor's STRC preferred shares break below $100 target — Tarun calls it "Luna for suits" 🔹 Haseeb pushes back: no death spiral, no margin calls — Saylor can defer dividends and "burn the boat" 🔹 Tom reveals Strategy execs are cold-calling crypto funds to sell them STRC — "very Luna" 🔹 ETH Labs spins out with 7 senior EF members as the Foundation lays off ~20% of headcount 🔹 CME sues CFTC to block domestic perps — Haseeb: "suing for the right to not compete" 🔹 Haseeb proposes 100-year futures as a workaround to route around the lawsuit 🔹 Meta leaks prediction market Arena — Tom reveals this is Meta's third or fourth attempt at prediction markets 🔹 Tarun argues prediction markets will be viewed as information social networks within five years Hosts ⭐️Haseeb Qureshi, Managing Partner at Dragonfly ⭐️Tom Schmidt, General Partner at Dragonfly ⭐️Tarun Chitra, Managing Partner at Robot Ventures Guest ⭐️Laura Shin, Journalist, Author of ‘The Cryptopians,’ Founder and CEO of Unchained Timestamps 00:00 Intro 01:10 STRC & Strategy: Saylor "Luna for suits" 12:33 No death spiral — burn the boat 17:06 Strategy execs cold-calling crypto funds 20:06 Ethereum Foundation shakeup & ETH Labs spin-out 27:33 ETHLabs is the ghost of Tomasz 35:20 CME sues CFTC to block domestic perps 44:44 100-year futures as a workaround 50:29 Meta's prediction market "Arena" _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!