Blockspace: Kraken Cancels IPO, Vanity Fair Takes Down Crypto, Ledn's CEO on Bitcoin loans, & Mining to AI/HPC
Kraken shelves its IPO as market conditions shift. Francis Corvino joins to break down the Blockfills bankruptcy and the $145M in claims. Plus, the SEC's new token guidance, Circle’s stock surge, and a sophisticated North Korean hack targeting Bitrefill and Jimmy Song.
Mar 19, 2026
Listen or watch all the new CoinDesk podcast episodes wherever you want.
ABOUT
Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.
Francis Corvino, of Lygos Finance joins us to talk about the Blockfills bankruptcy filing, their $145M in unsecured claims, and why the 2022 "hangover" is still claiming victims today. We also dive into Kraken’s decision to delay its public offering, the SEC’s long-awaited guidance on token offerings, and the meteoric rise of Circle’s stock following Clarity Act talks. Finally, we warn you about the sophisticated Lazarus Group phishing campaign that hit Bitrefill and targeted seasoned developers.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
Notes:
* Kraken delayed IPO due to market conditions.
* Blockfills: $145M in unsecured claims reported.
* Lazarus Group hack targeted Bitrefill via Telegram.
Timestamps:
00:00 Start
03:33 Kraken IPO delay
12:06 Lygos Finance on Bitfills
26:09 SEC clarity on crypto assets
34:59 Vanity Fair hit piece
47:44 Ledn & the Bitcoin loan market
1:02:42 Cathedra on HPC & mining
CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.
👉Luxor, Blockspace's preferred mining pool
Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining
EPISODES
COINDESK SERIES
22 EPISODES
The Policy Protocol
The Policy Protocol is CoinDesk's regulation and policy show. This is your direct line to the crypto legislative engine, where we pull back the curtain on crypto in Washington, D.C. and beyond.
Apr 9, 2026
29 EPISODES
Public Keys at NYSE
Public Keys is a weekly show filmed at the New York Stock Exchange that explores the intersection of traditional finance, macroeconomics and digital assets. Hosted by CoinDesk Senior Anchor, Jennifer Sanasie, the program delivers a deep dive into how crypto is increasingly shaping – and being shaped by – the public markets.
Mar 16, 2026
1518 EPISODES
CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 19, 2023
1396 EPISODES
Markets Outlook
Tune in as CoinDesk runs down action in the crypto market and some of the most important recent industry development.
Dec 19, 2023
