This Week In Crypto

This Week In Crypto

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

The Sam Bankman-Fried apology tour continued this week, despite a number of high-profile lawyers — including one who represented Bernie Madoff — saying that SBF really needs to stop talking. Speaking of lawyers: as the bankruptcy winds through the courts, the 30-year-old has hired a new lawyer, Marc Cohen. Cohen had previously been one of the lawyers who represented convicted sex offender Ghislaine Maxwell.

Also up for discussion on this episode: that big Ethereum move to proof-of-stake earlier this year — dubbed The Merge. We consider whether it’s really had a meaningful effect on energy consumption. A new academic paper asks: What if all those computers no longer employed on proof-of-work duty…have just been reassigned ….to mine other energy intensive tokens?

And why is Senator Elizabeth Warren asking questions about digital-asset-focused Silvergate Bank? We find out. Bloomberg reporter Annie Massa and senior editor Dave Liedtka join the show to talk about these stories and more.


Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Episoder(223)

The IRS Wants to Tax Your Frozen Crypto

The IRS Wants to Tax Your Frozen Crypto

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Voyager. Celsius. Genesis. And of course, FTX. All major crypto companies that went bankrupt last year. All names we’ve t...

8 Mar 202317min

What Are the UK and EU Doing About Crypto Regulation?

What Are the UK and EU Doing About Crypto Regulation?

Over the past few weeks, we've seen US regulators, both federal and state in some cases -  take aim at crypto companies with accusations of fraud and unregistered securities offerings.  These moves se...

7 Mar 202318min

Why The FTX Collapse Shook The Bahamas

Why The FTX Collapse Shook The Bahamas

It’s been three months since one of the most influential crypto exchanges collapsed into bankruptcy. FTX’s demise brought with it a wave of financial uncertainty and distress in the crypto industry. B...

6 Mar 202317min

This Week in Crypto: Ukraine War, Marathon Digital, FTX

This Week in Crypto: Ukraine War, Marathon Digital, FTX

Last month marked the one-year anniversary of Russia’s invasion of Ukraine, which has had a devastating impact on Ukraine's economy, people and landmarks. In this episode, we consider the nuanced role...

3 Mar 202319min

AI Hype Meets Crypto Winter

AI Hype Meets Crypto Winter

Most crypto enthusiasts pride themselves on being tech visionaries. After all, they were among the first to back innovative blockchain technologies and even embrace Web3 and NFTs. Now there’s a new in...

2 Mar 202316min

What’s A ‘Britcoin’?

What’s A ‘Britcoin’?

The Bank of England and the UK Treasury are moving forward with a plan to launch a digital currency. It’s being called the CBDC, or Central Bank Digital Currency, dubbed (or nicknamed) 'Britcoin.'The ...

1 Mar 202314min

A Look Behind The Celsius Curtain

A Look Behind The Celsius Curtain

The story of crypto lender Celsius Network’s bankruptcy officially began last summer, when it filed for Chapter 11 and cited a severe liquidity crisis. At the time, FTX and its CEO were still heralded...

28 Feb 202318min

What are Bitcoin NFTs?

What are Bitcoin NFTs?

In a major twist in the digital-assets world, Bitcoin has added nonfungible tokens (NFTs) to its blockchain. The new protocol that makes them is called “Ordinals.” And just like anything in crypto, fi...

27 Feb 202316min

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