Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, Wintermute CEO Evgeny Gaevoy joins the show to discuss market making when the crypto markets are quiet. Plus, an analysis of Base’s prospects following a surge of early interest. Also: Do you think bank fraud is going to run rampant in the AI era?


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:

  • how prop shops like Wintermute view the current state of the crypto market
  • “Wintermute” – how an organization like WIntermute interacts with DeFi platforms
  • Tarun and Evgeny attempt to squash some past beef
  • why Evgeny believes that some exchanges are “zombies”
  • whether this is a good time to build an exchange and how Evgeny would do it
  • how Base accomplished a big surge in its TVL and daily volumes
  • whether it’s possible for Coinbase to balance the decentralized nature of building a blockchain with a desire to minimize scams
  • how L2 sequencers have the power to censor transactions and the analogy to proof-of-authority chains
  • how friend.tech, the social app built on Base, works and why it got so much attention
  • why the crypto cognoscenti seemed to like friend.tech but hated BitClout, which is basically the same thing
  • what is the role of biometrics in securing crypto wallets and assets
  • whether bank fraud will increase or decrease because of advances in AI