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Galaxy Brains

Galaxy Digital Research

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Welcome to Galaxy Brains, hosted by Alex Thorn, Head of Research at Galaxy. Our weekly podcast provides insights and analysis on trends and events across the cryptocurrency ecosystem. Each week Alex will be joined by members of the research team to discuss the latest developments on all things crypto and blockchain technology.
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Amberdata is the leading digital asset data provider and provides comprehensive insights into blockchain networks, crypto markets, and decentralized finance. Join us as we explore the cryptoeconomy with leaders and experts in the space.
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The neXt Curve reThink Podcast

Leonard Lee, Jo Peterson

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The official podcast channel of neXt Curve, a research and advisory firm based in San Diego founded by Leonard Lee focused on the frontier markets and business opportunities forming at the intersect of transformative technologies and industry trends. This podcast channel features audio programming from our reThink podcast bringing our listeners the tech and industry insights that matter across the greater technology, media, and telecommunications (TMT) sector. Topics we cover include: -> Art ...
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Professor Jim Al-Khalili talks to leading scientists about their life and work, finding out what inspires and motivates them and asking what their discoveries might do for us in the future
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Alex Thorn talks with Kyle Samani, co-founder of Multicoin Capital and now Chairman of Forward Industries, a new Solana-focused digital asset treasury company. Kyle explains why Solana matters, how a Solana-focused DAT is differentiated, and why the future of DeFi will be built on Solana. Alex also talks with Beimnet Abebe (Galaxy Trading) about th…
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In this episode of the Amberdata Podcast, we sit down with Yashreeka Huq, Partner at Perkins Coie, to explore the legal and strategic insights every entrepreneur, founder, and builder needs to know. Yashreeka shares her journey to becoming a partner, her founder-first approach, and practical guidance on navigating new bills, regulations, and contra…
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In this episode of Galaxy Brains, Alex Thorn welcomes Tim Kotzman and Ed Juline of Bitcoin Treasuries Advisory to discuss the surge of Bitcoin treasury companies. They explore why adoption has accelerated in 2025, how strategies differ from MicroStrategy’s playbook, and what qualifies as a “Bitcoin treasury.” The conversation covers MNAV premiums a…
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Alex Thorn talks with Superstate founder and CEO Robert Leshner about tokenizing Galaxy’s Class A Common Stock on Solana. Alex and Robert also discuss the archaic tech stack of traditional capital markets, how blockchains can simplify and improve capital flows, and what the future of tokenization will look like. Alex also talks with Beimnet Abebe (…
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Send us a text Silicon Futures is a neXt Curve reThink Podcast series focused on AI and semiconductor tech and the industry topics that matter. In this special August midpoint episode, Leonard, Karl and Jim talk about some of the top headlines of the second half of August. Topics that mattered in the AI and semiconductor universe capping off August…
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Alex Thorn talks with James Check (CheckOnChain) about the state of the bitcoin market, what onchain data tells us about the latest market dip, and where we are in terms of the ongoing bull market. Alex also talks with Beimnet Abebe (Galaxy Trading) about bitcoin and ether markets, broad market moves, and the Fed’s adjusted approach to monetary pol…
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Send us a text Silicon Futures is a neXt Curve reThink Podcast series focused on AI and semiconductor tech and the industry topics that matter. In this special August midpoint episode, Leonard, Karl and Jim talk about some of the top headlines of the first couple of weeks of August while we were together at KeyBanc Capital Markets Technology Leader…
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In this episode of Galaxy Brains, Alex Thorn welcomes Lyn Alden, Founder of Lyn Alden Investment Strategy, to discuss fiscal dominance, the Fed’s policy constraints, and Bitcoin’s role in a world of structural deficits and rising inflation. They cover macroeconomic risks, central bank independence, and why Lyn believes Bitcoin’s long-term upside re…
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In this Amberdata Podcast episode, host Izzie Henderson speaks with Eleni Steinman, co-founder and CEO of Loop Crypto, to discuss founding Loop, building crypto payments infrastructure, the difficulties of recurring crypto payments, and what’s next with stablecoins. Eleni shares her journey from public policy during the 2008 financial crisis to pio…
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Alex Thorn talks with Aubrey Strobel from Halcyon, a Communications and PR agency that focus on companies working in bitcoin, AI, and stablecoins, about all the Coinbase faux pas and other screw ups in crypto. Alex also talks with Beimnet Abebe (Galaxy Trading, about markets, employment, the Fed, and the national debt. This episode was recorded on …
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Send us a text Leonard has been skeptical about the foldable category for years, but 2024-2025 has brought about devices that are starting to reach a level of technical and design maturity, he felt compelled to compare notes with long-time foldable user and reviewers, Prakash Sangam of Tantra Analyst. Samsung was good enough to let Leonard and Prak…
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Alex Thorn talks to Udi Wertheimer (Taproot Wizards) about the state of the bitcoin bull market, predictions of bitcoin price, treasury companies, bitcoin development, and much more. Alex also talks to Beimnet Abebe (Galaxy Trading) about the FOMC meeting, Fed independence, and predictions on crypto markets. This episode was recorded on Wednesday, …
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Send us a text Silicon Futures is a neXt Curve reThink Podcast series focused on AI and semiconductor tech and the industry topics that matter. In the month of July, Mario Morales, GVP of Semiconductors and more at IDC, joins Leonard, Karl, and Jim talk about their key takes on Intel's earning and their announcements regarding the prospects of 14A …
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In this episode of Galaxy Brains, Alex Thorn sits down with Nic Carter, General Partner at Castle Island Ventures, for a wide-ranging conversation on the rise of crypto data companies, the future of stablecoins and their implications for the U.S. banking system, and whether artificial intelligence will erode critical thinking skills. They also expl…
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In this Amberdata Podcast episode, Christine Kim, Ethereum Researcher and former Galaxy Digital VP, joins to break down tokenomics, protocol governance, and Ethereum development. In this episode, we explore Christine’s unique journey from CoinDesk reporter to leading research at Galaxy Digital. She shares how to evaluate protocols, why token design…
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Alex Thorn talks with Alex Leishman (River) about building a bitcoin-only brokerage, how stablecoins interact with bitcoin, why small businesses are beginning to own BTC, the importance of Proof of Reserves, building with Bitcoin Core, and much more. Alex also talks with Beimnet Abebe (Galaxy Trading) about Jay Powell and the Federal Reserve’s inde…
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There can't be many people in the world who've saved lives in hospital emergency rooms and also helped care for the wellbeing of astronauts in space – but Kevin Fong’s career has followed a singular path: from astrophysics and trauma medicine, to working with NASA, to becoming an Air Ambulance doctor. Kevin is a consultant anaesthetist and professo…
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In this episode of the Amberdata Podcast, host Izzie Henderson, Director of Product Marketing, is joined by Jill Gao, Product Manager at FalconX. Jill shares her unique journey from traditional finance (TradFi) into the world of crypto, shedding light on her work with FalconX’s Marketsbot derivatives analytics tool. Tune in to hear about the latest…
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Alex Thorn is joined by Jason Urban, Global Head of Trading at Galaxy, to break down the rise of crypto treasury companies and the evolving institutional crypto landscape. They discuss the explosion of publicly traded firms holding crypto assets, questions around systemic risk, and what sets these new vehicles apart from legacy players like MicroSt…
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Chemical reactions are the backbone of modern society: the energy we use, the medicines we take, our housing materials, even the foods we eat, are created by reacting different substances together. If we zoom in, it’s the atoms within these substances that rearrange themselves to give rise to new substances with the properties we need. However, che…
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Send us a text TM Forum Digital Transformation World (DTW) Ignite 2025 is one of the leading telco tech conferencesfocused on OSS, BSS and customer experience modernization. Some call it digital transformation but not Dean Bubley of Disruptive Analysis, who joined Patrick Lopez of {Core Analysis} and Leonard Lee for a recap of the event this year. …
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Send us a text neXt Curve’s ComTech Podcast series focuses on the latest and emerging trends in commercial and enterprise tech catering to IT buyers ranging from SMBs to global enterprises. Anurag and Leonard discuss the rise of the AI workstation as the AI PC continues to struggle finding footing with thin and light laptops which have the hope and…
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Alex Thorn is joined by Zane Glauber and Harry Austin from Galaxy’s Strategic Opportunities team to explore the future of blockchain infrastructure. They discuss recent regulatory shifts around staking, the evolution of institutional staking, and the growing role of blockchain infrastructure in capital markets. The conversation covers validator ope…
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Have you ever considered the lighter side of dark matter?Comedy has proved an unexpectedly succesful way to engage people with science - as today's guest knows first-hand. Astrophysicist Catherine Heymans is a Professor at the University of Edinburgh and the current Astronomer Royal for Scotland. She’s spent her career studying dark matter and dark…
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Send us a text Silicon Futures is a neXt Curve reThink Podcast series focused on AI and semiconductor tech and the industry topics that matter. In the month of June, Leonard and Jim talk about their key takes and highlights from AMD Advancing AI, Cisco Live!, the 40th Anniversary Sensors Converge event. They cover the big news across AI computing, …
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Send us a text AI is transforming the world. From predictive maintenance to content creation, AI is set to push the world into a new era, enabling industries to maximize efficiency, productivity and profitability. Sensors are the core technology for AI. Responsible for the capture and processing of the real-world data used to power AI models, witho…
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Send us a text It's been a short four months since the last episode of "From the Radio to the RIC" with Earl Lum of EJL Wireless Research and Leonard Lee of neXt Curve. The duo decided to get on the mic to talk about Nokia's Midsummer Update 2025, Mavenir's latest business and financial update, and TM Forum's DTW Ignited 2025 which took place in Co…
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Send us a text Sensors Converge celebrated its 40th year as a fixture and iconic event that has tracked the history of sensor technology in the Silicon Valley. This year was a comeback year as the even has worked its way out of the pandemic nadir that has challenged the conference. This year, event drew over 5,000 from around the world attending on…
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On this episode of the Amberdata Podcast, Francesco Piccoli, CEO and Co-Founder of Almanax, discusses his journey into crypto and AI, smart contract security, recent malicious hacks, industry best practices, and the future of Web3 security. Disclaimer: This podcast is for educational purposes only. Nothing here is trading advice or solicitation. Fo…
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In this episode of Galaxy Brains, Alex Thorn records live from Washington, D.C., where he’s attending the third annual Bitcoin Policy Summit, hosted by the Bitcoin Policy Institute (BPI). He welcomes BPI Executive Director Matthew Pines to discuss the growth of the summit, Bitcoin’s evolving role in U.S. policy conversations, and key legislative ef…
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As a young man, traveling in Africa, Tim Coulson - now Professor of Zoology at the University of Oxford - became seriously ill with malaria and was told a second bout would probably kill him. Aged only 20, this brush with his own mortality led him to promise himself he would write a complete guide to science: life, the universe and everything. His …
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Alex Thorn talks to Austin Campbell, NYU professor and founder of Zero Knowledge Consulting, about the passage of the GENIUS Act, prospects for market structure in the House, and what a tie-up between crypto and traditional finance means for both. Alex also talks to Beimnet Abebe (Galaxy Trading) about the Federal Reserve’s latest FOMC meeting, geo…
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Claudia de Rham has rather an unusual relationship with gravity. While she has spent her career exploring its fundamental nature, much of her free time has involved trying to defy it - from scuba diving in the Indian Ocean to piloting small aircraft over the Canadian waterfalls. Her ultimate ambition was to escape gravity’s clutches altogether and …
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Send us a text FinOps has become a thing over the past four to five years as enterprises began to grip on their cloud spending across the board from infrastructure to SaaS software. FinOps was a long time coming and built on pioneering work a decade ago to bring cloud economics into view. Now we face a new era in FinOps as enterprises ramp up their…
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On this week’s episode of Galaxy Brains, Peter McCormack, Chairman of Real Bedford FC, joins Alex Thorn to reflect on his journey after What Bitcoin Did from local activism in Bedford to building a grassroots economic revival using Bitcoin. Peter discusses his legal battle with Craig Wright, the potential for Real Bedford to adopt a Bitcoin treasur…
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Send us a text After two extremely dense and informative days of Cisco's analyst program at Cisco Live! 2025 which too place in San Diego, Leonard Lee of neXt Curve and Maribel Lopez of Lopez Research sat down in the analyst forum plenary ballroom to tape what was supposed to be a greeting video to Jo Peterson, a mutual friend who has been on the n…
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When you think of Artificial Intelligence, does it inspire confidence, or concern? Although it's now generally accepted that this technology will play a major role in our future, a lot of conversations around AI and machine learning come back to the argument over us losing control and robots taking over. Happily, Neil Lawrence has a more optimistic…
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Alex Thorn talks with Sam Abbassi, founder of Bitcoin Proof of Reserves company Hoseki, about Michael Saylor’s comments on proof of reserve, the strategic bitcoin reserve, and bitcoin’s auditability. Alex also talks with Beimnet Abebe about economic data, inflation, the Federal Reserve, and markets. This episode was recorded on Wednesday, June 4, 2…
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A frozen, white world at the far-reaches of the globe, where you're surrounded by snow and silence, might sound rather appealing. Factor in temperatures that drop to -57°C and a few of us might be put off - but for glaciologist Liz Morris, that's very much her happy place. Liz is an Emeritus Associate at the University of Cambridge’s Scott Polar Re…
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Send us a text Jim McGregor of TIRIAS Research joined neXt Curve to cover the first half of another action-packed month in the world of semiconductors and accelerated and non-accelerated computing on the neXt Curve reThink Podcast series, Silicon Futures. The duo also shared their thoughts on IBM THINK 2025, CadenceLIVE 2025, and other events of no…
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Welcome to a world where medicine meets politics: a space that brings together scientific research, government wrangling, public push-back and healthcare conspiracies… Dr Anthony Fauci was the Director of America’s National Institute of Allergy and Infectious Diseases for nearly four decades, during which time he not only helped study, treat and pr…
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Alex Thorn talks to Prof. Brad Rettler (University of Wyoming) about evaluating bitcoin through first principles and whether it’s a net positive or negative for the world. Brad also explains the Bitcoin Research Institute, a first-of-its-kind institution solely focused on producing academic grade research on Bitcoin. Alex also talks to Beimnet Abeb…
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In this episode of Galaxy Brains, Alex Thorn is joined by Galaxy Founder and CEO Mike Novogratz for a wide-ranging conversation on markets, Bitcoin momentum, and the company’s upcoming Nasdaq listing. They discuss crypto’s recent drawdown and rebound, the rise of Bitcoin treasury strategies, macro headwinds and dollar risks, and how stablecoin legi…
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Send us a text Jim McGregor of TIRIAS Research and Karl Freund of Cambrian-AI Research joined neXt Curve to cover the first half of another action-packed month in the world of semiconductors and accelerated and non-accelerated computing on the neXt Curve reThink Podcast series, Silicon Futures. The trio also shared their thoughts on IBM THINK 2025,…
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In this episode of Galaxy Brains, Alex Thorn is joined by Zack Shapiro, Head of Policy at the Bitcoin Policy Institute, to examine the DOJ’s criminal case against the developers of Samourai Wallet and its far-reaching implications for open-source software, financial privacy, and the future of non-custodial Bitcoin tools in the U.S. Alex also speaks…
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In this episode of Galaxy Brains, Alex Thorn is joined by Matt Pines, Executive Director of the Bitcoin Policy Institute, for a deep dive into national Bitcoin strategy, including the concept of a U.S. Strategic Bitcoin Reserve, the mechanics and potential of BitBonds, and the looming risks of quantum computing to Bitcoin’s cryptography. They explo…
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Send us a text Jo Peterson, cloud and security thought leader and VP of Cloud and Security at Clarify360 joins Leonard Lee of neXt Curve to exchange notes on what they thought were highlights and key takes from RSAC Conference 2025 which took place at the Moscone Center in San Francisco. They also discuss the newly published "The State of SaaS Secu…
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Send us a text Jim McGregor of Tirias Research joined Leonard Lee of neXt Curve to recap March and April 2025 in the world of semiconductors and accelerated and non-accelerated computing on the neXt Curve reThink Podcast series, Silicon Futures. Jim and Leonard share their thoughts on the state of this semiconductor industry in light of a volatile …
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In this episode of Galaxy Brains, Alex Thorn speaks with Zack Pokorny, Galaxy Research Associate, about MESA, Galaxy Research’s first-ever governance proposal. Designed to reduce Solana inflation through a more democratic voting framework, the proposal introduces multiple voting options rather than a binary outcome. Zack unpacks the motivation behi…
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Have you ever pondered the fact that the universe is expanding? And not only that, it's expanding at an increasing speed - meaning everything around us is getting further and further away? If that isolating thought makes you feel slightly panicked, don't worry: this programme also contains wine! Brian Schmidt is a Distinguished Professor of Astroph…
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