{"podcast":{"title":"Galaxy Brains","slug":"galaxy-brains-5335962","podcast_index_feed_id":5335962,"rss_url":"https://feeds.megaphone.fm/galaxybrains","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/21b47dd8-ba76-11ec-bc26-077ea1b2aaae/image/f2556efcb762e71af9411af00bbbe988.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Galaxy Digital","episode_count":228,"summary":"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.","last_synced_at":"2026-06-12T04:17:57.301124+00:00","page_url":"https://stenobird.com/podcast/galaxy-brains-5335962"},"episode":{"title":"Operation Chokepoint 2.0 and the Future of Banking with Scott Shay","slug":"operation-chokepoint-2-0-and-the-future-of-banking-with-scott-shay","published_at":"2026-05-28T13:29:00+00:00","page_url":"https://stenobird.com/podcast/galaxy-brains-5335962/operation-chokepoint-2-0-and-the-future-of-banking-with-scott-shay","show_page_url":"https://stenobird.com/podcast/galaxy-brains-5335962","url":"https://traffic.megaphone.fm/GD7507626690.mp3","audio_url":"https://traffic.megaphone.fm/GD7507626690.mp3","summary":"Alex Thorn talks with Scott Shay, co-founder of Signature Bank and N3XT (a new Wyoming bank), about what happened in 2023, how the banking system actually works, and what the future of banking looks like. Alex also talks with Beimnet Abebe (Galaxy Trading) about the Strait of Hormuz, risk markets, and a bearish case for bitcoin. Participants, along with Galaxy Digital, hold a financial interest in Bitcoin (BTC). Galaxy regularly engages in buying and selling BTC, including hedging transactions, for its own proprietary accounts and on behalf of its counterparties. Galaxy also provides services to vehicles that invest in BTC. If the value of such assets increases, those vehicles may benefit, and Galaxy’s service fees may increase accordingly. The valuation in this communication is based on technical, fundamental, and market analysis and not on any formal valuation method. For more information, please refer to Galaxy’s public filings and statements. Cryptocurrencies, including BTC, are inherently volatile and risky and ultimate market movements may not align with this statement. For additional risks related to digital assets, please refer to the risk factors contained in filings Galaxy Digital Inc. makes with the Securities and Exchange Commission (the “SEC”) from time to time, including its Quarterly Report on Form 10-Q, available at www.sec.gov. This episode was recorded on Wednesday, May 13, 2026. ++ Follow us on Twitter, @glxyresearch, and read our research at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.galaxy.com/research/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to learn more! This podcast, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational pur…","meta_description":"Alex Thorn talks with Scott Shay, co-founder of Signature Bank and N3XT (a new Wyoming bank), about what happened in 2023, how the banking system actually…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3739,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/galaxy-brains-5335962/episodes/operation-chokepoint-2-0-and-the-future-of-banking-with-scott-shay/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/galaxy-brains-5335962/operation-chokepoint-2-0-and-the-future-of-banking-with-scott-shay.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}