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On The Brink with Castle Island


Jan 23, 2026

Nic and Matt are back for another week of news and deals. In this episode: 

  • There’s a big storm coming
  • Matt’s playoff picks
  • Farcaster sells to Neynar
  • Is this the nail in the coffin for Web3Social?
  • Where Farcaster went wrong
  • BitGo goes public
  • NYSE is building a tokenized security trading platform
  • Are we looping back around to enterprise blockchains?
  • A MA judge has issued an injunction against Kalshi
  • Jeffries drops Bitcoin from its model portfolio over quantum risk
  • Coinbase launches an advisory board on quantum
  • Trump sues JPM for debanking him
  • Does the Central Bank of Iran really control $500m worth of USDT?
  • What’s next for Caroline Ellison?