The heat is on the crypto and blockchain industry after FTX collapse and now rumors of Binance potentially following suit. Sam Bankman Fried was just arrested in the Bahamas right before he was scheduled to testify in front of congress and explain to the United States government committee what went wrong with FTX and Alameda Research. Instead, the newly appointed CEO of FTX took the stand to try and unravel all the internal mismanagement and lack of accounting present within the SBF ran FTX organization. Speculation is also going around the CZ and Binance will soon be hit with criminal charges for money laundering which would create a collapse many magnitudes greater than FTX if true. We discuss and unpack all of this crypto drama on this podcast, enjoy!

Artificial Intelligence is taking the developer world by storm as more and more applications are being built to leverage open source technologies and create valuable services and products for the world to use. One of the most recent ones to gain traction is ChatGPT which was made by OpenAI. This application allows anyone to input written requests for the AI to answer in detailed, well researched responses. We attempt to uncover the deepest unknown answers to the metaverse by leveraging this tool. We asked ChatGPT our top 10 metaverse questions to see how much this AI knows about the metaverse, and if it can help guide the world towards the right path.

After the FTX collapse and subsequent rippling effects that have left several major web3 entities bankrupt, the question of what are the major risk factors remain hidden in the crypto markets is being asked frequently. We’ve identified 3 horrific scenarios that would have systemic impacts to the blockchain industry if they become reality. One dealing with the SEC and the definition of Utility tokens not being in consideration anymore for regulatory pressures. Another being the final outcome of the SEC vs Ripple case. And finally, the Tether fiasco blowing up, proving that there have been false reports in regards to the reserves Tether has on hand. What happens if one of these events occur and what will it mean to Bitcoin and the broader cryptocurrency space. We discuss…

We break down the biggest crypto scandal to hit the market since Mt.Gox was hacked back in 2014. Last week FTX which is one of the largest crypto exchanges in the world was found to run in to liquidity problems which meant customers would not be able to withdraw the funds they deposited. This was due to mismanagement of the customer funds to prop up their investment arm in Alameda Research which took a huge hit. Now FTX has completely collapsed which positions Binance and Coinbase in a league of their own as far as crypto exchanges go. How will this impact the crypto market and it’s potential to recover.

The crypto markets are starting to show some signs of positive momentum, what can be causing this shift in sentiment? When comparing this stage of the bear market to the 2018 cycle, there are some clear distinguishable differences, mainly in the amount of construction present in the market. Now there are multiple Layer 1, Layer2, and even Layer 3 blockchains on the way. NFTs can potentially blow up again with Reddit NFTs that just launched. All of this together paints a much more bullish picture than before. When shifting to the metaverse, we are witnessing the start of the content censorship debate that we predicted would happen several years ago. Now that Decentraland has a community governing the DAO, what will the they decide is the best route to regulate content that is too sexualized and potentially damaging.