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The Chopping Block: Why the Azuki Elementals Drop Was a Big Flop - Ep. 512

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Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest crypto news.
Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.
Show highlights:

why the Azuki new NFT collection 'Elementals' caused such a controversy among holders

why Robert bought an Elemental and what was he expecting

who the Michael Milken of NFTs is, according to Tarun

how BitGo 'pulled a Binance' on Prime Trust

how Prime Trust, a crypto custodian, collapsed and was put into receivership

whether what Prime Trust did can be considered fraud and how the situation highlights DeFi's 'long term advantage'

why the majority of blockspace is EVM-compatible

what the problems are with current Layer 2 rollups such as Optimism and Arbitrum

why rollups are so 'political' in the Ethereum ecosystem

what makes Arbitrum better than Optimism, according to Tarun

what shared sequencers are and whether they will be the future in crypto

Why Haseeb is not so bullish on the app-chain thesis

Hosts

Haseeb Qureshi, managing partner at Dragonfly

Robert Leshner, founder of Compound

Tom Schmidt, general partner at Dragonfly

Tarun Chitra, managing partner at Robot Ventures

Disclosures
Links

Unchained:

Polygon Cofounder Proposes Upgrading PoS Chain to zkEVM Validium

The Block:

Azuki NFT collections ends Elemental mint with $37.5 million

Fidelity preparing to submit spot bitcoin ETF filing: Source

CoinDesk:

Azuki NFT Prices Slide 44% After Creator Releases 'Basically Identical' Elementals

Nevada Files to Place Crypto Custodian Prime Trust Into Receivership

Azuki’s thread on its situation

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2023
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