"It was a masterclass in how to handle a security incident." @jswihart joins @jennsanasie on Markets Outlook to break down how the Zcash vulnerability was discovered, fixed in 72 hours, and why ZEC is more battle-hardened than ever. 00:00 - Zcash Bug Found by AI 03:26 - What Went Through Josh’s Mind When He Found Out 04:47 - Could the Bug Have Been Exploited? 05:47 - How the Bug Helps the Zcash Ecosystem 07:27 - Zcash vs. Other Privacy Protocols 09:54 - Will Governments Push Back on Privacy Coins? 11:45 - Formal Verification and Finding Future Vulnerabilities 14:08 - What Other Protocols Can Learn from This

Michael Saylor and Jack Mallers clash over Strategy’s Bitcoin buying model, prediction markets suggest SpaceX may be undervalued ahead of its IPO, and Kalshi tightens rules to combat insider trading. @jennsanasie has what you need to know.

🎧 Catch the latest episode of 'Blockspace,’ in partnership with @blockspace! BLOCKSPACE: SpaceX’s $250B IPO Raise, KEEL’s $458M Convertible Note, Hut 8’s $4.25 Senior Note, OpenAI’s 10 GW Datacenter ⚡️ SpaceX ($SPCX) IPO is oversubscribed 3x at $250 billion, per Reuters ⚡️$KEEL closes $458M convertible note after two upsizes ⚡️ $HUT closes $4.25B, BBB-rated note secured by its Beacon Point site ⚡️ OpenAI is planning a $500B, 10 GW data center with Nvidia ($NVDA), per The Information 📺 Watch: youtube.com/channel/UCZBo-pY… 🎧 Spotify: open.spotify.com/show/2jyIhk… 🎧 Apple: podcasts.apple.com/us/podcas…

1. Japan's three biggest banks are joining forces on a yen-backed stablecoin. 2. @Morpho just raised $175M from @Paradigm, @a16z, and @RibbitCapital. And 3. crypto tax legislation hits a wall in Congress. All in today's CoinDesk Daily. 🎬

Sam Bankman-Fried formally asks President Trump for a pardon, Humanity Protocol suffers a $36M exploit tied to compromised bridge keys, and Circle launches a synthetic Bitcoin token to compete with Coinbase and BitGo. @uyendoe has what you need to know.

Strategy resumes buying Bitcoin after its first sale in years, CME launches Bitcoin volatility futures, and Zcash rebounds 45% following a fix for its critical bug. @SamEwen has what you need to know.

“I will not vote for CLARITY until we address ethics.” On this week's Policy Protocol, @Sen_Alsobrooks joins @RebeccaRettig1 and @renato_mariotti to defend the yield compromise, respond to Jamie Dimon's criticism, and explain the ethics, illicit finance, and Agriculture Committee issues she says must be resolved before she can support the bill on the Senate floor. Plus: Why former Rep. George Santos is named Person of the Week. Timecodes: 00:00 Sen. Alsobrooks on Ethics 00:26 Welcome to The Policy Protocol 00:56 CFTC Greenlights Perps in 24 Hours 02:33 OFAC Sanctions Iran's Nobitex 05:56 Offshore Exchanges Coming Onshore 07:05 Senator Angela Alsobrooks Joins 07:45 Defending the Yield Compromise Against Jamie Dimon 10:21 What's Needed for an Ethics Compromise 12:17 How ClarityHelps Underbanked Constituents 15:03 Why More Democrats Aren't on Board 16:25 What It Takes to Get Clarity Across the Line 17:13 Sen. Alsobrooks's Approach 18:33 Why Clarity Is the World's Only DeFi Legislation 21:27 Senator Lummis Pushes Back on Jamie Dimon 22:31 George Santos Named Person of the Week

Tom Lee’s Ether treasury bet swings to a multibillion-dollar unrealized loss, SpaceX’s massive IPO could pull capital away from crypto markets, and Goldman Sachs launches a blockchain-based real estate fund. @JennSanasie has what you need to know.

“I think it's definitely about sending a message, right? He has levers. Ultimately, at the end of the day, in terms of how he manages his treasury versus the bitcoin that he has and increasing his USD treasury, and like we would expect him to use them. So I don't think this is surprising at all. I think it would be way, way more concerning if Michael Saylor was unwilling to do this.” Lygos Finance’s Francis Corvino weighs in on Strategy selling bitcoin, and why the story is really a nothingburger, on the latest Blockspace Live. 🎧Catch the latest episode of 'The Blockspace Pod,’ in partnership with @blockspace Media! 🎧 Spotify: open.spotify.com/show/2jyIhk… 🎧 Apple: podcasts.apple.com/us/podcas… 📺 Watch: youtube.com/channel/UCZBo-pY…

Bitcoin ETFs hit a record $3.45B outflow streak as BTC falls below $69K, Tom Lee says Strategy’s recent sale is typical market behavior, and Mt. Gox moves $739M worth of Bitcoin ahead of creditor repayments. @SamEwen has what you need to know.

GEN C: @garyvee, Chairman of @vayner_x and CEO and Creator of @veefriends, joins Gen C to discuss why we are living through the most consequential technological moment since electricity. Watch @SamEwen's conversation with Gary Vaynerchuk now out on all CoinDesk platforms. 00:00 Blockchain Meets AI 00:45 Managing Chaos in 2026 02:07 Maybe Culture Mindset 04:43 AI Opportunity for Have Nots 06:44 AI Bigger Than Internet 08:21 Innovation Mount Rushmore 10:00 Entrepreneurs and AI Leverage 12:21 Understanding Blockchain Ownership 14:53 NFTs as Collectibles 18:51 VeeFriends and Calling the Top 20:36 Speculation and Junk Wax Era 21:30 Stimulus and Collectibles 22:09 Big Dreams Roadmaps 22:33 Jets vs VeeFriends 24:45 Garage Sale Arbitrage 27:05 Consistency and Positivity 28:35 Trading Culture Shift 30:45 AI Exposes People 32:50 Marketing to AI Agents 37:35 Return of IRL 40:46 Optimism About Humanity