These Zombie Coins Just Won’t Die
Bloomberg Crypto31 Okt 2022

These Zombie Coins Just Won’t Die

You’ve likely heard of Bitcoin and Ether as digital tokens, but there’s actually tens of thousands of cryptocurrencies you probably haven’t heard of. In fact over 12,000 of those coins are virtually defunct. Not that they’re ‘dead’ per say- but they’re also not considered ‘alive’ or active.

They’re called ‘zombie’ coins: tokens that have stopped trading activity as of late and are simply dormant.

These zombified coins are not a new phenomenon, but the substantial increase in their volume (from the hundreds in 2019 to 12,100 at recent count) has been eye-opening as another symptom of chilly market conditions.

Bloomberg reporter Olga Kharif joins Bloomberg senior markets editor Mike Regan to wade through what happens when a market has so many inactive currencies, and what it says about the crypto industry's overall health.

See omnystudio.com/listener for privacy information.

Avsnitt(223)

Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Introducing - Spellcaster: The Fall of Sam Bankman-Fried

Coming soon: When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But then his crypto exchange FTX collapsed Billio...

12 Maj 20232min

Princeton University’s Blockchain Center, One Year On

Princeton University’s Blockchain Center, One Year On

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Last year, just before the crypto winter had hit in earnest, Princeton University opened up “The Center for the Decentral...

16 Mars 202313min

Crypto Winter Meets Banking Crisis: A Tale of Three Banks

Crypto Winter Meets Banking Crisis: A Tale of Three Banks

It’s been another wild week of financial mayhem connected to crypto. But this time the crisis focused on banks.  It started earlier this month [March], when Silvergate Capital shut down operations. Th...

16 Mars 202319min

NFT Fans Say 2023 Is Looking Up

NFT Fans Say 2023 Is Looking Up

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or  Spotify. Some might argue that the popularity of NFTs faded as quickly as it rose. NFTs boomed in early 2022 when the crypto mania...

15 Mars 202325min

Job Cuts Reflect Crypto Winter’s Deep Freeze

Job Cuts Reflect Crypto Winter’s Deep Freeze

The last 12 months or so have been a particularly grueling season for crypto. And as we head into the spring months of 2023, we’re getting a better sense of what the slump in crypto prices has meant f...

14 Mars 202316min

What’s Happening With Crypto in Argentina?

What’s Happening With Crypto in Argentina?

Argentina is one of the countries with the highest rates of inflation in the world -  currently hovering at close to 100%.  The nation is also one of the countries with the biggest population of crypt...

13 Mars 202314min

This Week in Crypto: Court is in Session

This Week in Crypto: Court is in Session

Legal battles, circling regulators and a troubled bank. It's all happening in crypto this week.  Court is in session as Grayscale challenges the SEC over the prospects for a Bitcoin ETF, while themsel...

10 Mars 202319min

Circle CEO Jeremy Allaire on US Crypto Regulation

Circle CEO Jeremy Allaire on US Crypto Regulation

Bloomberg’s stacy-marie ishmael interviewed Jeremy Allaire, Chief Executive Officer of Circle Internet Financial Ltd. to discuss stablecoins and his views on crypto regulation. The CEO of the Boston-b...

9 Mars 202319min

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