The Chopping Block is back! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. Show topics:

• why crypto assets experienced a drawdown after last week’s FOMC meeting that hinted at accelerated rate hikes
• which emerging assets Tarun, Haseeb, and Tom envision weathering a bear market
• which assets could be further hurt by a continued bear market
• the significance of Paradigm and Sequoia investing in Citadel Securities
• what aspects of Signal CEO Moxie Marlinspike’s web3 article Haseeb, Tom, and Tarun take umbrage with
• whether Cryptoland is crypto’s Fyre Festival or whether it’s the metaverse
• what the heck is going on with the Pudgy Penguins community
• the lessons from the CFTC’s fine of Polymarket (disclosure: a former sponsor of my shows)

Episode Links

Hosts

• Haseeb Qureshi, managing partner at Dragonfly Capital
• • https://twitter.com/hosseeb
• Tom Schmidt, general partner at Dragonfly Capital
• • https://twitter.com/tomhschmidt
• Tarun Chitra, managing partner at Robot Ventures
• • https://twitter.com/tarunchitra 

Topics

• FOMC = Crypto assets dip
• • https://www.ar.ca/blog/debunking-more-overreactions-to-macro-a-ronin-case-study
• Paradigm + Sequoia invest in Citadel Securities
• • https://www.coindesk.com/business/2022/01/11/paradigm-sequoia-to-invest-115b-in-citadel-securities-bringing-trading-firm-closer-to-crypto/
• Cryptoland
• • https://thenextweb.com/news/welcome-to-cryptoland-real-island-cryptocurrency-fans-analysis
• Moxie Marlinspike’s first impressions of web3
• • https://moxie.org/2022/01/07/web3-first-impressions.html
• Pudgy Penguins drama
• • https://thedefiant.io/fire-on-the-iceberg-pudgy-penguin-holders-eye-coup-amid-acquisition-talks/
• Polymarket fined by CFTC
• • ​​https://www.coindesk.com/policy/2022/01/03/cftc-fines-crypto-betting-service-polymarket-14m-for-unregistered-swaps/

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