This podcast episode focuses on the recent fundraising success of CoinFund, the state of crypto regulation in the US, the potential and criticisms of Web3 apps, and the transformative potential of Worldcoin. It also discusses the privacy-preserving aspects of Worldcoin, the introduction of CESR as a benchmark rate for Ethereum, and the convergence of DeFi and TradFi. Additionally, the episode explores the intersection between Web3 and AI, the need for principles-based regulation in the crypto industry, and the complex issue of regulating technology in the context of evolving financial markets.