Death of a Crypto Company
The Daily25 Juli 2022

Death of a Crypto Company

Born in response to the 2008 financial crisis, cryptocurrency was supposed be a form of money that eliminated the traditional gatekeepers who had overseen the tanking of the economy.

But a crash in value recently has raised questions about cryptocurrency’s central promise.

Guest: David Yaffe-Bellany, a reporter covering cryptocurrencies and fintech for The New York Times.

Want more from The Daily? For one big idea on the news each week from our team, subscribe to our newsletter.

Background reading:

  • No one wanted to miss out on the cryptocurrency mania. A global industry worth hundreds of billions of dollars rose up practically overnight. Now it is crashing down.
  • Celsius Network was managing more than $20 billion in assets. Last month, it became the latest crypto venture to spiral into a crisis.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Avsnitt(2764)

The Man Trying to Save Phoenix From Historic Heat

The Man Trying to Save Phoenix From Historic Heat

As a historic heat wave grips much of the world and the United States, no city has become more emblematic of the crisis than Phoenix, where temperatures have exceeded 110 degrees for the past three we...

20 Juli 202323min

How the Birth Control Pill Got Over the Counter

How the Birth Control Pill Got Over the Counter

Last week, for the first time in U.S. history, federal regulators approved the sale of a birth control pill without a prescription.Pam Belluck, a health and science correspondent for The Times, explai...

19 Juli 202329min

The Writers’ Revolt Against A.I. Companies

The Writers’ Revolt Against A.I. Companies

To refine their popular technology, new artificial intelligence platforms like Chat-GPT are gobbling up the work of authors, poets, comedians and actors — without their consent.Sheera Frenkel, a techn...

18 Juli 202329min

China’s Economic Rebound Hits a Wall

China’s Economic Rebound Hits a Wall

When China suddenly dismantled its lockdowns and other Covid precautions last December, officials in Beijing and many investors expected the economy to spring back to life. It hasn’t worked out that w...

17 Juli 202322min

The Sunday Read: ‘The Moral Crisis of America’s Doctors’

The Sunday Read: ‘The Moral Crisis of America’s Doctors’

Some years ago, a psychiatrist named Wendy Dean read an article about a physician who died by suicide. Such deaths were distressingly common, she discovered. The suicide rate among doctors appeared to...

16 Juli 202331min

How Clarence Thomas Came to Reject Affirmative Action

How Clarence Thomas Came to Reject Affirmative Action

Supreme Court Justice Clarence Thomas, the second Black justice to sit on the court after Thurgood Marshall, has spent years opposing affirmative action. When the high court struck down the policy las...

14 Juli 202333min

How Affirmative Action Changed Their Lives

How Affirmative Action Changed Their Lives

Two weeks ago, the United States Supreme Court struck down affirmative action, declaring that the race-conscious admissions programs at Harvard and the University of North Carolina were unlawful.Today...

13 Juli 202335min

The Great Resignation is Over

The Great Resignation is Over

Tens of millions of Americans changed jobs over the past two years, a rare moment of worker power as employees demanded higher pay, and as employers, short on staff, often gave it to them.The tidal wa...

12 Juli 202324min

Populärt inom Politik & nyheter

motiv
p3-krim
aftonbladet-krim
rss-krimstad
rss-viva-fotboll
flashback-forever
spar
svenska-fall
fordomspodden
aftonbladet-daily
rss-vad-fan-hande
rss-sanning-konsekvens
rss-krimreportrarna
olyckan-inifran
rss-frandfors-horna
svd-ledarredaktionen
rss-flodet
kungligt
krimmagasinet
rss-expressen-dok