Unchained

Ledger Wallets Were Drained of $100 Million. Is Self-Custody Still Safe?

A hidden implant read Ledger seed phrases off the screen and sent them out over an eSIM. Mark Karpelès and SEAL 911's Jonty discuss what that means for self-custody. ===

Uneasy Money: Why Ledger's Supply Chain Became a Nearly $100M Target

A Ledger reseller's devices shipped with a hidden LTE modem inside. Taylor Monahan lays out how it passed the genuine check and why panicking now costs more. ===========

The Chopping Block: The Ledger Hardware Implant, a Listening Device at OpenAI, Papertrade's 1000x House, and the Death of Technical Moats

The boys regroup after TOKEN2049. Ledgers sold through CryptoBilis, an authorized reseller in Malaysia, came with an LTE implant that read seed phrases off the screen, an

Why Crypto Buybacks Are 'the Wrong Way to Allocate Capital'

ARK Invest's Lorenzo Valente says quantum fears and the Ledger hack are speeding up the death of self-custody, that Ethereum has to pick a lane, and buybacks are “crazy.”

How NEAR Intents Identified a Suspect and Got Its Stolen Funds Back

A bridging bug cost NEAR Intents $3.8 million. Alex Shevchenko reveals how a coded tweet and a Signal invite encrypted with the attacker's key got the funds back. ======

The Chopping Block: Live at TOKEN2049 feat. Balaji Srinivasan & Arthur Hayes on Kazakhstan, Crypto Bunker Mode, and the L2 Shutdowns

Live from TOKEN2049 in Singapore, Haseeb, Tom, and Tarun sit down with Balaji Srinivasan and Arthur Hayes. Welcome to The Chopping Block, where crypto insiders Haseeb Q

How OpenAI's Math Dump Has Crypto Rethinking Its Cryptography: Uneasy Money

Justin Drake told holders not to panic. Ben DiFrancesco says if AI weakens elliptic curves, the clock is how fast Chinese models catch up. ==============================

THORChain Says It Can't Block North Korean Laundering. Is That True?

In this spicypost-Bitget hack debate, THORChain co-founder Chad Barraford says the protocol can't block laundering. Taylor Monahan points to the halts it has used before.

Paid Partnership: How Nexo Wants You To Build Wealth Using Crypto

SPONSORED CONTENT: This video is a paid partnership with Nexo. It was produced in collaboration with Nexo and is separate from Unchained's editorial coverage. Nexo is a

The Chopping Block: Bitget's 387 Million Dollar Hack, Kalshi's Cooked Perps Volume, and Agentic Bank Runs

North Korea takes $387 million from Bitget and moves it through THORChain while NEAR's Shield freezes what it can, a Consensys validator hack tests whether staking was ev

Uneasy Money: The $388M Bitget Hack Started With a Security Vendor

Taylor Monahan ties the Bitget hack to North Korea and the crew asks why THORChain still avoids the scrutiny Tornado Cash got. ==========================================

Is Hunter Biden's $LAPTOP Coin a Scam? He Says the Wallets Prove It Isn't

Hunter Biden walks through the $LAPTOP launch, when thin liquidity sent the token to a $317 billion market cap in a minute, and why he says it isn't a scam. ============

DEX in the City: The Hosts Sign Off With Their Best Advice for Women in Crypto

In their final episode on Unchained, Katherine Kirkpatrick Bos, Jessi Brooks, and Vy Le share the advice they give women entering crypto. Plus, Vy on the Senate meeting a

How Bitget Is Chasing $388 Million in Stolen Funds After a Zero-Day Hack

Bitget lost $388 million — and days later, CEO Gracy Chen says scammers posing as a major investment team targeted her. =================================================

Why the Crypto Market Cap Could Reach $50 Trillion This Cycle

Ran Neuner argues crypto has finally found product-market fit, and a BlackRock report on AI agents and blockchain rails convinced him the thesis may be much bigger than h

Why Kalshi's Timeline Fight Put Its ETH Perp Volume Under a Microscope: Uneasy Money

Kalshi's ETH perp did half a billion in volume on $3 million in open interest. Kain and Taylor lay out why that isn't necessarily wash trading. Plus, Austin joins as co-h

Bits + Bips: Is Bitcoin Finally Being Priced on Fundamentals?

📢 Bits + Bips has its own channel now — full episodes here: https://www.youtube.com/@Bitsandbips Quick favor: We're deciding what Unchained does next; new shows, stream

How Zcash and NEAR Are Driving This Crypto Bull Run

Zcash and NEAR are both ripping this week, and Illia Polosukhin and Mert Mumtaz say privacy is the reason why. Is this how the “Bitcoin DeFi” vision comes true? ========

Crypto's Clarity Act Collapses. Two Days Later, the SEC Introduces Its Innovation Exemption

Days after Clarity failed, the SEC granted a major exemption for tokenized stocks. The Digital Chamber’s Cody Carbone explains whether agencies can replace the law. ====

Uneasy Money: What Crypto's Gensler Years Say About the AI Slowdown Debate

Delphi Ventures founding partner Tommy Shaughnessy tells Kain and Taylor the AI slowdown talk is a moat against cheap Chinese models. Plus, why the Clarity Act died. ===