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Show Summary

XRP exposure is getting easier to buy and harder to control. Ondo Perps opened an XRP market with up to 5X leverage, Flare keeps pushing deeper into XRP DeFi, and Ripple is about to put finance and crypto in the same room in New York — all a week before the Senate takes up the CLARITY Act. Chip carried most of the night solo; Jeff walked in around the 68-minute mark.

  • Ondo Perps listed XRP. Go long or short with up to 5x leverage — new ways to trade the asset, and new ways to get liquidated.
  • Ripple Swell runs October 27–29 in New York, and for the first time it is merged with Apex, so the developer track and the institutional track share one stage. Matt Damon, Tom Farley, Brad Garlinghouse, Monica Long and David Schwartz are on the bill. Chip will be there.
  • Stuart Alderoty asked Senate offices to meet an actual crypto holder before the CLARITY Act vote — teachers, plumbers, photographers, supply chain managers, 1 in 4 U.S. adults. Chip's read: voting it down costs Democrats more than it buys them.
  • Trezor's third breach in 30 days came through a third-party email provider. Chip walks through lookalike domains and AI-scripted phishing, and why the next wave will be far harder to spot.
  • Evernorth threw a punch at Michael Saylor — literally, in a meme boxing ring.
  • The Anthropic “whistleblower” story: six weeks, an entry-level gig, a Wall Street Journal scoop and a Fox News hit. Chip on effective altruism, data-center panic, and who benefits from the doomer narrative.
  • Plus: clips from the convention floor, Fetterman in Dallas, the Hoover Dam, Boy George and cancel culture, how On The Chain's Shorts get built, and a first look at the Badassery streetwear line.