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)

Wall Street Is Looking Bullish On Crypto

Wall Street Is Looking Bullish On Crypto

With everything that has gone on in crypto over the past year, Wall Street would be excused for wanting to take a rain check on digital assets. But some big banks and other large financial firms– like...

14 Feb 202319min

Who Are The Winklevoss Twins Behind Gemini?

Who Are The Winklevoss Twins Behind Gemini?

If you’ve heard the name Winklevoss, it’s likely that you’ve watched the movie The Social Network. The movie featured a memorable depiction of the Harvard twins and Olympic rowers who sued Mark Zucker...

13 Feb 202317min

Crypto Billionaires Reconcile, 'Britcoin' In Works

Crypto Billionaires Reconcile, 'Britcoin' In Works

Crypto is an asset class that runs 24/7. It’s hard to keep up. So we’re back with a show that reviews the biggest stories of the week. Here’s one: the United Kingdom is amping up plans to launch a dig...

10 Feb 202319min

Crypto Hackers Face The Courts

Crypto Hackers Face The Courts

One of the more interesting phrases used by folks in crypto is this one: “code is law.” Think of it this way. Under the idea that “code is law”, what governs whether something - say a transaction - is...

9 Feb 202317min

Bitcoin Miners Are Back Amid Crypto Rally

Bitcoin Miners Are Back Amid Crypto Rally

Crypto markets, and Bitcoin especially, had a strong start to the year. That’s had a couple of interesting consequences for some of the most important players in the market: Bitcoin miners.2023 has al...

8 Feb 202313min

What do Venture Capitalists Think About the Crypto Market?

What do Venture Capitalists Think About the Crypto Market?

Like many buzzy, fast-growth, high-risk industries, companies operating in and around crypto and the blockchain have relied heavily on venture capital to fund their activities. Venture capitalists, or...

7 Feb 202316min

Time to Upgrade the Ethereum Blockchain (Again)

Time to Upgrade the Ethereum Blockchain (Again)

Nearly five months ago, the Ethereum blockchain successfully completed what was — at the time — a very complicated and years-in-the-making update. Called The Merge, it allowed the blockchain to move f...

6 Feb 202313min

What's The Deal With Bitcoin Going Up?

What's The Deal With Bitcoin Going Up?

Surprising to some, it turned out to be a decent month for crypto. Bitcoin rose almost 40% and some smaller coins did much better. Speaking of risk taking: Wall Street firms are still keen on crypto, ...

3 Feb 202318min

Populært innen Politikk og nyheter

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