DRADA is a cloud compliance software that provides continuous monitoring and visibility into risk, security controls, and audit readiness for various standards. They offer a 10% discount and waived implementation fees for listeners of Darknet Diaries.
Bitcoin is a rapidly growing asset class and is the greatest treasury reserve asset of our lifetime. For corporations with capital or cash flow, investing in Bitcoin can double or improve the value of the company and convert a liability to an asset.
Decentralized exchanges (DEX) have an advantage over centralized exchanges as they are open systems that do not require identity verification and therefore do not face compliance issues.
Facebook's strategy is to combine all their products and code in a convoluted mess so that it would take years to separate them if ever required by the authorities. This strategy also includes the creation of a social graph and a connection between all the people users know.
The podcast discusses the complexity of stablecoins, specifically their classification as securities, and the potential for fraud with large amounts of stablecoins held as investments.
The lack of regulatory clarity in the cryptocurrency space is pushing business offshore to less regulated exchanges. Companies like Coinbase, which are already regulated like traditional financial services, need clarity regarding crypto-specific regulations to move forward in the industry.