Timestamps:
(00:00) Introduction
(00:44) Why Are Markets So Bearish?
(11:55) Ads (Skale & ZKSync)
(13:41) Sandwich Attacks
(20:06) MGX Invests $2 Billion Into Binance
(26:17) Ads (Skale & ZKSync)
(28:03) Crypto's 2024/25 Cycle
(37:02) Ads (Ledger, Mantle, Arweave)
(39:28) How To Value Protocols?
(50:41) The State Of VC In 2025
Timestamps:
(00:00) Introduction
(00:40) Crypto's Leverage Unwind In 2021-22
(08:41) The Terra/Luna Fallout
(14:30) Ad ZKSync
(15:35) What We Learned From Last Cycle
(19:11) Who Are The Big Lenders In This Cycle?
(23:32) Ad ZKSync
(24:37) Token Generation Events
(31:02) Will Institutions Start Lending In Crypto?
(35:08) Ads (Token.com. Bitwise, WalletConnect)
(37:22) What Is Membrane?
(48:40) Over vs Under Collateralized Lending
(58:22) What Will Blow Up This Cycle?