The Defiant6 Okt 2022

Wintermute's David Micley Says Institutional Investors Are Here To Stay

This week on The Defiant Podcast we speak with David Micley, the business development director at Wintermute, one of the largest digital asset market makers in the world.

With all the macro headwinds pummeling markets, from the energy crisis in Europe, global inflation, and war in Ukraine, to the recent turmoil with Credit Suisse, we can’t help but feel a sense of deja vu about the 2008 financial crisis.

David believes we’re just in the first inning of what could be a multi-year crypto winter.

But he’s seeing that institutional investors are still signing up to trade with Wintermute’s OTC desk, which indicates that large players are still committed to the space this time around.

David also shares his views on the venture side of crypto. He believes some of the biggest bets right now are blockchain infrastructure plays. With funding getting harder to come by for crypto startups, he provides insights on where he sees the space evolving.

Finally, we discuss the $160M hack that Wintermute suffered recently and the lessons learned.

🙏 Thanking our podcast sponsors:

1inch is a DEX aggregator that finds the best rates across multiple networks. Why use a single DEX when you can use them all? Find your best deal at 1inch.
ZenGo is a crypto wallet that uses biometric encryption, 3FA authentication and MPC wallet cryptography instead of private keys.
Aleo is enabling developers to build their own private and scalable apps. Currently in their third incentivized testnet phase, you can find more information at https://leo-lang.org/
Oasis.app aims to be the most trusted entry point to the Maker Protocol and to DeFi. You can borrow DAI, multiply your exposure and earn. Try it Now!

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(339)

The EIP That Wants to Cap ETH Staking at 50%

About a third of all ETH — over 41 million coins across nearly 900,000 validators — is already locked into staking. A new Ethereum proposal, EIP-8363, wants to make sure it never crosses 50%, by taper...

11 Aug 20min

The $114 Trillion Question: How DTCC Is Tokenizing the Entire U.S. Market

DTCC holds $114 trillion in assets. On July 15th, it showed the world how those assets can be converted into digital tokens, traded in real production conditions, and converted back — without disrupti...

3 Aug 29min

Memecoins Eat Everything: Robinhood's Accidental Casino & Base's Identity Crisis

Brian Armstrong changed his profile picture to a memecoin. It pumped to thirty million. Ten thousand wallets piled in. Less than twenty-four hours later, he changed it back — and every one of those wa...

30 Juli 17min

Now or Never: Inside the Fight to Pass the CLARITY Act

Fourteen days. That's the window the crypto industry has to get the CLARITY Act through the Senate — or wait until the 2030s for another shot.The combined draft dropped last week for the first time, m...

29 Juli 18min

Saylor Selling BTC: Strategy Lifeline or Betrayal?

Michael Saylor built his entire identity around one promise: he would never sell Bitcoin. Last week, that promise ended.Strategy's board voted to authorize selling Bitcoin to cover dividend payments a...

7 Juli 10min

Inside the Ethereum Foundation Overhaul: is a Multi-Node Structure Bullish?

The Ethereum Foundation just cut 20% of its staff and 40% of its budget. Two co-executive directors are gone. And the talent exodus has been quiet but real. But the community didn't wait. In a matter ...

1 Juli 13min

"Bazooka in Every Hand" Do We Really Want Unstoppable AI? w/ Jake Brukhman, Haseeb Qureshi, Jesus Rodriguez

Last Friday, the U.S. Department of Commerce forced Anthropic to shut down Fable V for the entire world. One government, one decision, zero global access. Is this the definitive case for decentralized...

19 Juni 26min

DeFi's Near-Death Moment | Mike Silagadze on Ether.fi, Security, and What Comes Next

How close did DeFi come to a real systemic collapse?In this episode, Camila Russo sits down with Mike Silagadze, co-founder and CEO of Ether.fi, to break down the Kelp exploit, the DeFi United rescue ...

8 Juni 45min