Uneasy Money: Hyperliquid’s dilemma after 10/10: Protect itself or its users?

Nov 20, 2025

The crew contrasts the new ICO meta with the previous boom, breaks down the Hyperliquid “FUD” after the Oct. 10 crash and explores Ethena’s black swan risk

On this week's episode of 'Uneasy Money', Unchained's new livestream series, hosts Kain Warwick, Luca Netz and Taylor Monahan dive into the most significant news stories from the week. 

To start, the hosts explore how the recent ICO boom compares with the 2017 era. They share stories of some of the big names from the past, including Kain’s struggles after raising 30,000 ETH at the cycle top. Plus Luca shares what it takes for founders to thrive in crypto.

They also unpack the “Fud” surrounding Hyperliquid following the infamous Oct. 10 crypto crash. Moreover, they discussed what Multicoin’s investment in Ethena revealed about Kyle Samani, and potential black swan risks facing the project.

Watch the full episode of Uneasy Money

Kain recently joined Uneasy Money to co-host with Luca (CEO of Pudgy Penguins) and Taylor (Security at MetaMask), creating a powerhouse trio that brings together DeFi innovation, NFT ecosystem building, and wallet infrastructure expertise.

Laura Shin said, “When things move onchain, these are the voices you’d want to hear.” This blend of perspectives promises rich discussions about where crypto is heading.

Uneasy Money streams from Kain's X every Wednesday at 3pm ET.

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