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Episode · May 22, 2025 ·

All Things Crypto - $DOG about to cook on Kraken? Don t doubt Leo

On the mic

Summary

0:04:34

Vegas Plans and AI Token Moves

Dave welcomed the crew and shared excitement for the upcoming Bitcoin conference in Vegas, where many plan to link up. Birthday wishes went out to Dee for strong community support. The group discussed AI tokens heating up, with Cookie DAO up 25 percent and Worldcoin gaining traction after a major acquisition.

0:09:28

Massive Cetus Hack Rocks Sui

Dave and Kool broke down the Cetus protocol hack on Sui, where 220 to 260 million dollars was drained via a spoof token exploit that fooled the price oracle. Sui validators froze 162 million of the stolen funds, sparking centralization concerns. Kool compared it to past chain attacks on Solana and Ton, predicting a slow recovery.

0:22:09Broader industry implications and chain agnostic projects

0:24:10Potential buying opportunities in Sui ecosystem post-hack

0:27:42

Bitcoin Hits 112k and Viral Experiments

Landy noted Bitcoin reaching 112k with positive market sentiment despite the Sui fallout. Kkoma highlighted Virtuals protocol alpha Yapkit campaigns and Ribbit Capital, while sharing results from a fake engagement ring tweet that went viral with 300000 views and gained followers but zero yaps. A speaker dropped by to hype Vegas networking and advised planning meetups outside the conference.

0:46:20

Kraken Adds Native Bitcoin Runes

AlphaGamer explained Kraken integrating native Bitcoin Runes, starting with DOG, which is community owned and fairly launched. The panel discussed liquidity implications, market making, and a potential domino effect for other runes like Pups or Billion Dollar Cat. Landy and AlphaGamer covered improved trading experience over layer 1 UTXO friction plus smaller exchange strategies for better marketing and compliance. A speaker mentioned DotSwap for on chain Rune swaps.

1:07:29

Kraken Stock Trading and Bitcoin Ethos

AlphaGamer shared Kraken's 24 7 stock trading announcement for non US users, covering names like Tesla, NVIDIA, and Apple. A speaker and Landy debated Michael Saylor's influence, emphasizing self custody and Bitcoin's core ethos over leveraged strategies. Dave and Landy reacted to Worldcoin news and Justin Sun's visit to headquarters.

1:31:48

Virtuals Demo AI Updates and Safemoon Verdict

Bread celebrated Virtuals protocol as the only live AI agent demo at recent events and shared test bets on the platform. The group touched on Anthropic Claude 4 release and AI tool hype. Final commentary covered the Safemoon CEO guilty verdict on securities violations.

Key quotes

“Every time a blockchain starts to gain momentum, they... There's something happens. It feels like there's some entity somewhere that doesn't want this to happen.”

Kool0:10:37Share on X

“It's almost like counterfeit chips at a poker table.”

Dave0:14:09Share on X

“It is gonna slow down the growth because... I just believe there's something going on with... It could be... digital warfare.”

Kool0:17:23Share on X

“Every single one of your chains has had these types of issues. And especially don't go dunking on centralization when you are literally talking about a chain twenty four seven that is very highly centralized.”

Landy0:27:42Share on X

“This is almost like the magic eating of OpenSea. Right? Like, how OpenSea fumbled the bag and Magic Eden took over.”

AlphaGamer0:51:08Share on X

Ask your AI about this show: Use ATC in Claude or ChatGPT

Show discussion, not financial advice.