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

See omnystudio.com/listener for privacy information.

Episoder(223)

Can DeFi Survive the Hacks?

Can DeFi Survive the Hacks?

In March of 2022, hackers stole about $600 million from a crypto network. It was one of the biggest exploits of this asset class to date, and left many investors shaken. Can a decentralized financial ...

9 Jun 202219min

Celebrities and NFTs

Celebrities and NFTs

Did you know that both Madonna and Justin Bieber own expensive digital images of apes? It’s true: Bored Apes and other nonfungible tokens are a must-have celebrity accessory these days. But should you...

8 Jun 202219min

Crypto in your 401(k)

Crypto in your 401(k)

Fidelity, one of the largest investment managers in the world, made headlines when it announced its intention to offer clients the ability to invest in crypto through their 401(k) retirement accounts....

7 Jun 202210min

Defining Our Terms

Defining Our Terms

You might already consider crypto to be synonymous with the word volatility. But what about all the other words that get thrown around by enthusiasts? What’s staking all about? How are bridges created...

6 Jun 202220min

Regulating The Regulators

Regulating The Regulators

Cryptocurrencies are increasingly popular as investments - everyone from retail traders on Reddit to big institutional shops like Fidelity seems to have a crypto strategy. But what happens when the pe...

3 Jun 202216min

Hello, And Not So-Stable Stablecoins

Hello, And Not So-Stable Stablecoins

Welcome to Bloomberg Crypto: a new daily podcast from Bloomberg and iHeart Radio. In today’s inaugural episode, host stacy-marie ishmael introduces herself, shares what you can expect from this new da...

2 Jun 202216min

Introducing: Bloomberg Crypto

Introducing: Bloomberg Crypto

The crypto universe is expanding fast, and with that expansion comes both excitement and uncertainty. Stacy-Marie Ishmael is the managing editor for Crypto at Bloomberg News and your host for Bloomber...

9 Mai 20221min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
i-retten
stopp-verden
lydartikler-fra-aftenposten
nokon-ma-ga
popradet
det-store-bildet
rss-gukild-johaug
dine-penger-pengeradet
fotballpodden-2
aftenbla-bla
rss-ness
e24-podden
hanna-de-heldige
rss-dannet-uten-piano
frokostshowet-pa-p5
bt-dokumentar-2