This Week in Crypto: Binance Mishandles Collateral, More Crypto Layoffs
Bloomberg Crypto27 Jan 2023

This Week in Crypto: Binance Mishandles Collateral, More Crypto Layoffs

As we reported this week, Binance acknowledged that it had been mistakenly mixing the collateral it holds for some of its tokens…. in the same digital wallet as other types of funds.

This kind of operational issue is a challenge for these exchanges, especially now, at a point when both regulators and customers are paying super close attention to how this industry is managing its transparency.

Also, layoffs continue to happen in crypto - and that’s impacting other industries, with numerous companies tightening their belts and shedding workers. Bloomberg senior editor Anna Irrera and Bloomberg reporter Justina Lee join to discuss.

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

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Episoder(224)

Decentralizing the Music Industry

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The Democratic Nature of DeFi

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Who Is Kirkland + Ellis LLP?

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From Blackrock to Uniswap

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Temperatures Rise at Celsius

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21 Jul 202215min

The Price of Crypto Admission

The Price of Crypto Admission

What do Rapper Jay-Z and former CEO of Twitter, Jack Dorsey have in common? No it's not music... It’s Bitcoin.  If you spend enough time around people who believe that crypto can transform society, yo...

20 Jul 202213min

Analyzing The CeFi Wipeout

Analyzing The CeFi Wipeout

As investors around the world grapple with the reality of sustained declines in prices across crypto markets,  stakeholders are asking the question: what’s next? And in some cases, who’s next? In this...

19 Jul 202215min

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