SHOW DIRECTORY
Empire
Blockworks' crypto podcast covering digital-asset markets, investing, founders, protocols, and industry structure.
SOURCE DESCRIPTION · Blockworks
Crypto's Value Capture Problem & Why Robinhood Built Its Own Blockchain
Jason YanowitzSantiago Roel Santos
After eight months across 20-plus sectors, Santos says Inversion’s crypto-embedding thesis failed to clear the return hurdle, shifting focus to quality, cash-flowing businesses.On-chain B2B borrowing costs 8–12%, while crypto FX quotes sit 20–50 basis points above mid-market; Robinhood Chain’s more than $500 million in Uniswap volume and roughly 150,000 new active wallets show verticalization, though P&L value remains disputed.
State of The Market, The Prediction Market Wars & Kraken Pursues Aave
Jason YanowitzSantiago Roel Santos
Crypto venture is splitting into a weak early-stage market and improving later-stage payments, stablecoin, tokenized-asset and M&A activity.Stablecoin transfer volume remains distorted by bots, but adjusted metrics, card swipes and about 30 public-company implementations offer stronger adoption evidence.Kalshi’s reported $40B raise remains unconfirmed as fee compression looms, while institutional clearing and block trades could expand prediction markets.
It's Still a Bull Market, But Not The One You Wanted
DAS drew 2,900 attendees, including 130 sovereigns, endowments, and pensions, signaling an institutional bull market alongside a token bear.Stablecoins are moving toward capital markets, with Western Union exploring float release and Rain-powered cards for 100M customers across 190 countries.Most implementations are not live at scale, leaving adoption, oracle losses, RWA quality, and Clarity’s regulatory path to watch.