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Kraken IPO CANCELED & Vanity Fair Hates Us

Mar 18, 2026

Kraken IPO CANCELED & Vanity Fair Hates Us

Kraken IPO CANCELED & Vanity Fair Hates Us
00:00
1:14:24

Francis Corvino, of Lygos Finance joins us to talk about the Blockfills bankruptcy filing, their $145M in unsecured claims, and why the 2022 "hangover" is still claiming victims today. We also dive into Kraken’s decision to delay its public offering, the SEC’s long-awaited guidance on token offerings, and the meteoric rise of Circle’s stock following Clarity Act talks. Finally, we warn you about the sophisticated Lazarus Group phishing campaign that hit Bitrefill and targeted seasoned developers.

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Notes:

* Kraken delayed IPO due to market conditions.

* Blockfills: $145M in unsecured claims reported.

* Lazarus Group hack targeted Bitrefill via Telegram.

Timestamps:

00:00 Start

03:33 Kraken IPO delay

12:06 Lygos Finance on Bitfills

26:09 SEC clarity on crypto assets

34:59 Vanity Fair hit piece

47:44 Ledn & the Bitcoin loan market

1:02:42 Cathedra on HPC & mining

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