Cryptotwits: The Podcast

Welcome to the CryptoTwits Podcast. This episode is all about Jane Street — because there’s been “some crazy” stuff going down. We start with the Wall Street Journal reporting tied to the Terraform Labs collapse (UST in 2022), the contagion that followed (Three Arrows, Voyager, Celsius, and eventually FTX), and why this isn’t just “crypto people suing crypto people.” The suit is tied to a court-appointed bankruptcy figure (Todd Snyder) going after Jane Street Group, including allegations around timing, backchannels, and a major UST liquidity event at Curve in May 2022. From there we dig into the rumor mill that’s taken over X: the “10 a.m. flush” theory, claims about Jane Street deleting things, and the idea that an authorized participant in BlackRock’s IBIT could create/redeem shares to move exposure at scale. We also connect the dots to FTX and Jane Street overlaps (SBF’s time at Jane Street, the alleged $300M loss, and the broader network of former Jane Street people around FTX/Alameda). Finally, we walk through the alleged strategy: depressing BTC via ETF activity, triggering liquidations, and positioning into leveraged proxies like MSTR — while stressing what’s rumor vs what’s verified. Thanks for watching — and next week’s episode teases a “pretty big deal” interview in the real world asset space. Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/ Chapters / Timestamps (dash formatted) 0:04 - Intro: this episode is all about Jane Street 0:14 - Terraform/UST 2022 recap and the contagion into FTX 2:03 - Who’s suing: court-appointed bankruptcy role (not “crypto people”) 2:50 - Alleged timeline: Jane Street pact with Terraform (2018) 3:08 - Backchannel allegation: former Terraform intern joins Jane Street (2021) 3:30 - May 7, 2022: alleged UST withdrawal and Jane Street swap timing 4:17 - Terra vs FTX damage and why Do Kwon should be hated more 5:41 - FTX bankruptcy gripe: valuing crypto at “time of crime” vs today 8:18 - Jane Street’s response and the Jump Trading $4B suit reference 9:29 - The “10 a.m. flush” rumor and X chatter about deletions 10:00 - Jane Street + FTX links: SBF, Caroline Ellison, and former employees 10:29 - The alleged $300M Jane Street trade during Trump’s first election 12:29 - More Jane Street/FTX orbit names and funding threads 15:01 - The 10 a.m. theory: pattern timing and why traders track it 16:41 - IBIT angle: authorized participant mechanics and unverified rumors 17:05 - Holdings cited: IBIT shares and the manipulation claim 17:52 - MSTR angle: “leveraged BTC proxy” theory 18:17 - Question: ETF vs spot BTC mechanics and why it would move price 20:04 - Theory recap: suppress BTC, accumulate proxy, profit on rebound 22:03 - Unverified claim: ‘ordered to stop manipulating’ post gets dunked 23:14 - Terra timing note: Do Kwon allegedly unreachable during the hit 24:00 - Wrap + next week teaser: real world asset interview

Welcome back to the Crypto Twits Podcast. In this episode, Jon sits down with Lisa Loud from Secret Network — the person “in charge of the entire operation.” Lisa shares her origin story and a core message: it doesn’t matter where you came from — there’s room for you in Web3. From Apple and PayPal, to reporting directly to Arthur Hayes at BitMEX, a stint at Gemini, and helping ShapeShift through a major pivot — Lisa’s crypto journey has been chaotic in the best way. Then we go deep on Web3 vs Web2, decentralization, and why people still want a “finger to point at” when things go wrong. Lisa explains how the decentralized cloud conversation isn’t just storage — it’s compute, and why decentralized compute matters as AI accelerates. From there, we dive into what makes Secret Network different: a privacy-preserving blockchain with encrypted smart contracts and selectable privacy (not private by default). Lisa breaks down trusted execution environments (TEEs), secure enclaves on validators, and why specialized hardware helps Secret stay performant while preserving confidentiality. We also talk confidential AI and privacy trade-offs, why privacy and compliance aren’t mutually exclusive, why institutions will demand privacy, how to think about GDPR and “right to forget” in an immutable world, and why privacy’s stigma as “only for criminals” is backwards. Finally, Lisa shares leadership lessons (including a Steve Jobs story), why authenticity builds trust in chaotic times, how quantum changes the privacy conversation, and what she hopes people will say about Secret Network by December 2026. 0:00 - Intro: Lisa Loud joins the Crypto Twits Podcast 0:27 - Lisa’s origin story: biomedical engineering to forestry 1:22 - Why Web3 has room for everyone 1:50 - Web3 vs Web2: what “decentralized internet” really means 3:07 - Why decentralization is hard: accountability, recourse, and self-reliance 4:42 - Who’s the “AWS of Web3”: decentralized storage vs decentralized compute 6:57 - Lisa’s path into crypto: Apple and PayPal to BitMEX 8:08 - BitMEX chaos: reporting to Arthur Hayes 9:41 - From BitMEX to Gemini and ShapeShift 10:45 - Almost hired by Justin Sun + job offer from Charles Hoskinson 11:51 - What is Secret Network: privacy-preserving blockchain explained 12:09 - How it works: TEEs, secure enclaves, and Intel SGX 13:30 - Competitors and approaches: FHE, MPC, ZK, Zcash 13:54 - Selectable privacy: staying regulator-friendly 14:22 - Privacy and compliance can coexist 15:12 - Why privacy will matter more: breaches, AI tradeoffs, and confidential AI 16:55 - Where to try it: SecretVM demo 18:33 - EU regulation: MiCA, GDPR, and “right to forget” realities 19:23 - Staking rewards and tokenomics: why it’s hard to balance 22:11 - Why neurodivergent thinkers are essential to tokenomics 22:55 - Neurodivergence as an advantage: adapting and innovating 24:06 - A16Z endorsement: privacy as the key crypto moat into 2026 25:44 - 2026 goals: real utility + adoption (medical agents, research, voting, auctions) 27:17 - Privacy: feature or right 28:58 - What the industry gets wrong: “privacy = criminals” stigma 31:23 - Leadership advice that was wrong: the Steve Jobs note-taking story 33:02 - Lisa’s leadership philosophy: trust, accountability, and loyalty 35:47 - If Secret didn’t exist: the erosion of privacy 38:12 - Always-listening devices: live photos, targeted feeds, smart everything 39:59 - Quantum computing: what it could change 42:06 - The 2026 vision: Secret as essential infrastructure for private AI + internet 43:35 - Wrap-up and thanks Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

Welcome back to the CryptoTwits Podcast — this is our seventh episode and we’ve got our first guest. Jon Morgan sits down with Shan, the founder/CEO of Strike Finance, described as the first and only perp DEX on Cardano. Shan shares how Charles Hoskinson’s whiteboard videos pulled him into Cardano during COVID, how he learned startups building an HR product that pivoted to blockchain, and why he ultimately started Strike. We break down Strike V1 vs V2: V1 is based on the GMX-style model (LPs vs traders), while V2 is a cloud-based, central limit order book model — “industry standard,” more capital efficient, and built to compete in the broader perps arena. Shan explains how V2 changes asset support: instead of needing the underlying asset pools for each market, V2 can run on stablecoins to support blue chip cryptos and even stocks, equities, and real assets on Cardano, powered by a “really reputable” oracle provider (name not shared). We also talk Cardano’s DeFi footprint (Strike doing 50–80% of Cardano trading volume at times), why decentralized exchanges let people become market makers, how liquidation mechanics work at a high level, why Strike plans to open-source its core matching/liquidation engines, and Shan’s simplest trading advice: set a stop loss one cent above liquidation to avoid liquidation fees. We close with Shan’s personal story — born in China, immigrated to New York at six, skipped most of freshman year to chase tattoo art, got shipped to Ohio, graduated, and decided to start building — plus a launch update: Strike V2 mainnet is planned for this month (after Lunar New Year). Sign Up to join Stocktwits! https://stocktwits.com/ Subscribe to Our Channels: Stocktwits: https://www.youtube.com/@stocktwits The best of investing social, news, trends, and community driven market chatter in one place. Cryptotwits: https://www.youtube.com/@CryptotwitsOfficial Crypto news, narratives, and chart talk to keep you ahead of the next big move. True Odds: https://www.youtube.com/@True_Odds-ST Where prediction markets meet sports odds, sharp takes on what the lines are saying, what the market is pricing in, and how real time sentiment can shift the probability. Stocktwits Clips: https://www.youtube.com/@StocktwitsClips Quick hits and the best moments, bite-sized clips you can watch anytime. Boardroom Exclusives: https://www.youtube.com/@BoardroomExclusives Behind the scenes access and exclusive conversations you won’t find anywhere else. Ballpark Figures: https://www.youtube.com/@BallparkFigures-ST Big picture numbers, market context, and the stats that actually matter, made simple. Newsletters: Cryptotwits Newsletter: https://cryptotwits.stocktwits.com/ Your home base for what’s trending in crypto—top stories, heat-check sentiment, and the conversations driving coins, narratives, and the next rotation. Want to know what this means for your money? Follow The Daily Rip 👉 https://thedailyrip.stocktwits.com/ Other Socials: https://linktr.ee/stocktwits_ Chapters: 00:06 Intro: Episode 7 + first guest 00:55 Who is Shan + what is Strike Finance on Cardano 01:23 Charles whiteboard videos → Cardano rabbit hole 02:40 Team growth: from 3 people to 6 engineers 04:04 Hiring + building a team without “startup school” 06:22 V1 → V2: what’s changing and why it matters 07:54 V1 model (GMX-style) vs V2 (cloud-based CLOB) 09:59 DEXs explained: liquidity + democratizing market making 11:27 V2 asset support: stablecoins → blue chips + stocks/equities 13:10 Fees + LP incentives + how Strike covers expenses 15:50 Cardano DeFi stats: 50–80% of trading volume 17:14 Competing with Hyperliquid/GMX/Jupiter: “Uber vs Lyft” 18:27 Why Cardano: node on a Raspberry Pi + principles 20:22 Smart contracts explained simply 21:57 Liquidations, price feeds, and open-sourcing the core engines 25:07 The only metric that matters: money made 26:02 Biggest mistake traders make: stop loss above liquidation 29:05 Founder story: China → NY → Ohio → startups → Strike 33:17 V2 launch timing: this month (after Lunar New Year) 34:01 Wrap + invite back after V2 launch Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

Welcome back to the Cryptotwits Podcast with John Morgan and Joey “Cilantro” — where the newsletter headlines are apparently a 9-to-1 split between “I love this” and “please stop making jokes while my portfolio dies.” This episode is basically one long capitulation station / things-look-worse-in-real-time session as crypto dumps hard mid-show. We talk the psychology of surviving bear markets, the newsletter’s gallows-humor headlines, and then jump straight into the live market pain: Ethereum sliding under $2K, Bitcoin threatening deeper levels, and the fallout for treasury-style wrappers and leverage-linked plays. We debate why anyone buys Bitcoin or Ethereum exposure through a stock ticker (Strategy, Bitmine, “digital asset treasury” names) when you can just own the asset — and why “staking” isn’t a real excuse when you can stake directly. Then it gets even messier: Vitalik’s stance on Ethereum L2s, why many L2 tokens look destroyed, and how that whole ecosystem feels like a full-on sh*t show. If you’re looking for a shred of hope, we break down Bitcoin dominance and what a bearish continuation pattern there could imply: Bitcoin underperforming altcoins, setting up a potential multi-month window where alts outperform BTC (even if everything still feels ugly). We also pull up Polymarket and the insane volume in 15-minute BTC up/down bets, plus bigger market context — whales panic selling, “2022-style crypto winter” vibes, hundreds of billions wiped from market cap — and we close with the macro chart John says should terrify people the most: the Japanese yen (“the widowmaker”). Chapters: 00:06 Newsletter backlash + bear market survival (gallows humor headlines) 02:06 Market is moving fast: ETH breaks levels + “this changes the whole schedule” 03:44 Saylor vs Tom Lee + why proxy tickers for BTC/ETH make no sense 09:05 Vitalik vs Layer 2s + L2 token destruction 13:35 Hope segment: Bitcoin dominance drops (alts outperforming BTC setup) 18:22 Altcoin carnage snapshot (ADA/AVAX/CRO/FIL/SOL/UNI) 19:38 Digital Asset Treasuries: wrecked performance + why not just buy the coin 26:15 Polymarket: BTC/SOL/BNB odds + 15-minute BTC betting volume 31:59 Hard stops: whale panic sells + “2022-like crypto winter” vibes 34:34 Half a trillion in market cap wiped + what bottoms feel like 39:53 Cross-asset chaos + why the S&P can look fine while you’re down 20–30% 40:35 The macro chart that matters: the Japanese yen (“widowmaker”) 44:08 Wrap + next week’s first guest tease Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

Welcome back to the Cryptotwits Podcast — fresh off an Arizona offsite, with a snowstorm vibe check (Michigan vs Virginia chaos), and then straight into crypto. We cover the BitGo (BTGO) IPO, which priced well above range and raised $212.8M with Goldman Sachs and Citigroup as underwriters, plus a quick rundown of what BitGo actually does (crypto custody — not an exchange). Then it’s ETF flows whiplash (big inflows, then sharp outflows), tariffs and headline-driven market reactions, and the whole Trump “ask for something insane to get something smaller” negotiation lens — including the Greenland chatter and what it could mean for things like bases, minerals, and even data centers. After the vibe check, we hit the hard stuff: a $282M social engineering theft where a Trezor impersonator convinces a victim to give up a seed phrase — and the stolen funds are converted into Monero, helping explain a big move. We also talk about some of the craziest liquidation stories floating around on X, and why even experienced players still get caught. Then Joey breaks down FIGURE — a crossover between blockchain and finance with strong stock performance and profitability metrics — plus why crypto lending/DeFi access to capital can grow globally, and why banks hate competing with it. Finally, we go deep on the Bitcoin “death cross”: how often it’s a fake-out in Bitcoin vs the S&P 500, why it’s a lagging indicator, and the key “check-in” date to watch: February 14. #Bitcoin #Crypto #BTC #BitGo #ETF #DeFi #Monero #ScamAlert #CME #Cardano #Chainlink #Stellar #cryptotwits  00:00 Intro + Snowpocalypse Banter (Michigan vs Virginia, Costco panic, EMP jokes) 02:50 Agenda + BitGo IPO (BTGO) ($212.8M raised, what BitGo does, Goldman/Citi) 05:23 Market & Flows Vibe Check (sector performance, ETF inflows → outflows, tariffs reaction) 07:07 Trump / Greenland + Data Center Cooling Tangent (negotiation style, minerals/bases, “pontoon data centers”) 10:17 Hard Stops: Scams + Liquidations ($282M Trezor impersonation, Monero pump, whale liquidations) 14:34 Market Movers + FIGURE Deep Dive (CME futures: ADA/LINK/XLM; FIGURE business + why lending/DeFi grows) 22:32 Bitcoin Death Cross Breakdown (BTC vs S&P stats, fake-outs, why it’s lagging, Feb 14 check-in) 28:05 Tariffs & Supreme Court Overhang + More Costco Chaos (fees, pre-workout sampling, beta alanine) 31:41 Institutional Watch + What’s Next (AUM/ETFs talk, Tom Lee/Ethereum rant, Clarity Act + CME date) 39:19 Wrap + True Odds Plug Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/about/legal/terms/

In this episode, they give a quick “vibe check” on crypto as meme coins pop while Bitcoin flirts with sub-$90K and liquidations spike, then push back on claims that the market’s been in a bear since November by reframing what “bear market” means in crypto versus normal volatility and noting exchange BTC supply sitting near 2017 levels. They debate Bitcoin treasury companies versus simply owning BTC, touch on staking/ETF angles, and break down the chaos around Zcash after a major board resignation and what that could mean for the privacy narrative. The conversation then jumps to Venezuela’s rumored Bitcoin stash and the mystery of who controls the private keys (and why a lost key could be bullish via supply disappearing), before closing with a broader macro/policy chat, tokenized real estate platforms and institutional housing concerns, and a rundown of increasingly sophisticated scams—from fake AI Musk giveaways to wallet/address swaps and Google-result phone traps—plus what to watch next week with a major U.S. crypto regulation vote.

This episode is all about what happens when sentiment is in the Fear Zone and you’re staring down the largest options expiry ever: $27B in options expiring in ~4 days. We break down the basics (calls vs puts), what “being on the wrong side of options” can do to price, and the big reference zones that come up in the conversation: $85K, a possible flush toward $74K, and “max pain” in the $96K–$100K area as liquidity gets thin into the holidays. From there we zoom out into seasonality and stats: how Q4 normally behaves, what it can mean when Nov/Dec close red, and why that can matter for January across major tickers. Then it’s the alt check-in: gaming holding up “best” (even while down), DeFi lagging, tokenization adoption vs token performance, and why meme coins were the worst sector (down ~56%). We also hit the headlines: Pump Fun / meme coin market structure, a RICO lawsuit discussion, Midnight as a rare “airdrop that didn’t instantly nuke,” Uniswap’s fee switch vote (99% approval), and why Coinbase pushing “pretty much everything” could be a win for normies.