In the days leading up to the staggering collapse of FTX, a series of tweets from a top crypto executive signaled that the exchange was likely in deep financial trouble. Former FTX CEO Sam Bankman-Fried and Binance CEO Changpeng Zhao - or “CZ” as he’s commonly called - are known rivals. But when CZ tweeted (https://twitter.com/cz_binance/status...) that he was pulling his investments out of FTX - it sparked a run on the exchange that ultimately led to its insolvency.
The idea that a once flush crypto exchange worth billions of dollars could be taken down by what started as a series of barbs on Twitter, fuels the perception that the digital asset industry is led by alpha-males who promote a hyper-masculine culture.
Now that SBF — formerly one of the most renowned CEOs in the business — finds himself facing serious criminal and civil charges, this episode considers what’s at stake for the industry, and whether the culture is likely to change.
Bloomberg’s Vildana Hajric (https://www.bloomberg.com/authors/ATs...) joins Mike Regan (https://www.bloomberg.com/authors/AOi...) for a robust review.
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter (https://bloom.bg/cryptonewsletter)
See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.
Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority.
In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.
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Watch more Bloomberg Crypto: https://youtube.com/playlist?list=PLe...
#Bloomberg #Podcast #Crypto
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The idea that a once flush crypto exchange worth billions of dollars could be taken down by what started as a series of barbs on Twitter, fuels the perception that the digital asset industry is led by alpha-males who promote a hyper-masculine culture.
Now that SBF — formerly one of the most renowned CEOs in the business — finds himself facing serious criminal and civil charges, this episode considers what’s at stake for the industry, and whether the culture is likely to change.
Bloomberg’s Vildana Hajric (https://www.bloomberg.com/authors/ATs...) joins Mike Regan (https://www.bloomberg.com/authors/AOi...) for a robust review.
Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter (https://bloom.bg/cryptonewsletter)
See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.
Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority.
In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.
Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts
Watch more Bloomberg Crypto: https://youtube.com/playlist?list=PLe...
#Bloomberg #Podcast #Crypto
Visit us: https://www.bloomberg.com/podcasts
Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts
Visit our other YouTube channels:
Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIAL...
Bloomberg Politics: https://www.youtube.com/c/BloombergPo...
Bloomberg Technology: https://www.youtube.com/c/BloombergTech
Quicktake Originals: https://www.youtube.com/user/Bloomberg
Quicktake Now: https://www.youtube.com/channel/UChir...
Quicktake Explained: https://www.youtube.com/bloombergexpl...
For coverage on news, markets and more: http://www.bloomberg.com/video