In this episode, recorded live at Buidl Europe 2026, host Sebastian Couture leads a panel with Ben Lakoff (Bankless Ventures), Richard Muirhead (Fabric Ventures), Aurora Orellana (G20 Strategies), and Matthew Arrow (Dark Forest). Together, they tackle the existential question facing the industry: can Cypherpunk values like self-custody and permissionless survive as multi-billion dollar institutions become the primary drivers of adoption?

The discussion delves into the tension between individual sovereignty and the regulatory reach of organizations like the FATF, which they describe as a "Goliath" accountable to no one. They explore the concept of the "DeFi Mullet" a centralized user interfaces powered by decentralized backends and how privacy tech is becoming essential not for institutions seeking defensible competitive moats. Finally, the conversation looks at how global competition between jurisdictions will define the next decade of financial freedom and what it truly means to be a Cypherpunk in 2026.

Topics

• 00:00 Intro & Context
• 04:15 Cypherpunk Values in an Institutional World
• 09:30 Permissionless Deployment & Self-Custody
• 15:00 The Regulatory Spectrum: KYC vs. Freedom
• 21:45 The FATF & Global Financial Surveillance
• 27:10 Jurisdictional Competition & Portability
• 35:20 Selling Privacy to Institutions vs. Individuals
• 42:15 The DeFi Mullet & Atomic Settlement
• 49:00 Barriers to Entry: Legacy Mainframes & Career Risk
• 55:30 What it Means to be a Cypherpunk in 2026

Links

• Ben Lakoff on X: https://x.com/benlakoff
• Richard Muirhead on X: https://x.com/RichardMuirhead
• Matthew Arrow on X: https://x.com/mattarrow
• Bankless Ventures: https://bankless.ventures/
• Fabric Ventures: https://www.fabric.vc/
• Gnosis: https://gnosis.io/
  

Sponsors: Gnosis: Gnosis has been building core decentralized infrastructure for the Ethereum ecosystem since 2015. With the launch of Gnosis Pay last year, we introduced the world's first Decentralized Payment Network. Start leveraging its power today at http://gnosis.io

In this episode, host Brian Crain is joined by Gracy Chen, CEO of Bitget, to discuss the exchange's rapid ascent and its ambitious roadmap for 2026. Gracy shares her journey from a mathematics background and journalism into the C-suite of a top-tier exchange, detailing Bitget's growth from a team of 150 to over 2,200 employees. She outlines the concept of the "Universal Exchange" (UEX) a unified platform where the boundaries between crypto, tokenized equities, and commodities effectively disappear.

They explore how Bitget is leveraging Generative Engine Optimization (GEO) and AI-driven advisory tools like Get Agent to redefine user acquisition and trading intelligence. Gracy also provides a candid outlook on the "altcoin fading" phenomenon, arguing that the market is shifting toward blue-chip assets and real-world utility. Finally, they discuss the immense challenges of global regulatory compliance, including Bitget’s priorities for securing MiCA licenses and navigating a potential entry into the complex US market.

Topics

- 00:00 Intro & Crypto Beginnings

- 05:45 The Origin of Bitget

- 10:15 The "Universal Exchange" (UEX) Vision

- 16:30 Tokenized Stocks vs. TradFi Brokers

- 22:00 Competition: CEX, DEX, & Robinhood

- 28:15 AI in Trading: Get Agent & GEO

- 34:40 The State of Altcoins in 2026

- 41:00 Global Compliance: MiCA & US Markets

- 55:30 2026 Market Predictions

Links

- Gracy Chen on X: https://x.com/GracyBitget

- Bitget: https://www.bitget.com/

- Bitget Wallet: https://web3.bitget.com/

- Gnosis: https://gnosis.io/

Sponsors: Gnosis: Gnosis has been building core decentralized infrastructure for the Ethereum ecosystem since 2015. With the launch of Gnosis Pay last year, we introduced the world's first Decentralized Payment Network. Start leveraging its power today at http://gnosis.io

In this episode, hosts Sebastien Couture, Brian Crain, and Friederike Ernst gather for their annual wrap-up to discuss the end of the "infinite money glitch": the era where tokens traded at billions without proven product-market fit. They explore the 2025 "spring cleaning" that devastated the altcoin market and the quiet, efficient entry of web2 incumbents like Revolut and Stripe. The discussion centers on the industry's maturation into a space where protocols are finally judged on their ability to generate real revenue and growth.

The team analyzes the 2025 "spring cleaning" of altcoins alongside Polymarket’s mainstream breakout. As giants like Stripe and Revolut scale crypto integrations, the hosts debate if consolidating distribution power is diluting the original promise of decentralized agency. Finally, they address the existential quantum threat to Bitcoin and share their 2026 "hot takes.

Topics

• 00:00 Intro & Notable Memories
• 04:30 The Bybit Hack & Price Action
• 08:15 Polymarket & The Mainstream Breakout
• 12:00 The Altcoin "Spring Cleaning"
• 18:45 Axelar & The Circle Acquisition
• 25:30 Incumbents: Back-end Upgrades vs. Values
• 33:15 Social Media & The Economics of Attention
• 42:00 Staking Consolidation & Distribution Power
• 50:30 The Quantum Threat to Bitcoin
• 58:45 2026 Predictions: RWAs & Perps

Links

• Sebastien on X: https://x.com/seb3point0
• Brian on X: https://x.com/crainbf
• Friederike on X: https://x.com/tw_tter
• Gnosis: https://gnosis.io/

Sponsors: Gnosis: Gnosis has been building core decentralized infrastructure for the Ethereum ecosystem since 2015. With the launch of Gnosis Pay last year, we introduced the world's first Decentralized Payment Network. Start leveraging its power today at http://gnosis.io