We needed to discuss in regards to the information that rocked the crypto world this week in our Thursday episode: the Binance/FTX deal that by no means was. To start, we gave you a rundown of WTF simply occurred with the meat between two of the biggest crypto exchanges on this planet and the way Sam Bankman-Fried’s storied trade fell to this point so quick, bringing down traders, cryptocurrencies and different corporations within the house tumbling down with it.
Welcome to Chain Response, the place we unpack and clarify the most recent in crypto information, drama and tendencies, breaking issues down block by block for the crypto curious.
You may hearken to the episode beneath:
As soon as we ran by means of the background behind the state of affairs that’s been unfolding in real-time this week, we shared our ideas on the huge implications this fiasco might need for the remainder of the crypto business, from enterprise capitalists and startups to regulation throughout the globe.
It’s an enchanting backdrop for our dialog at our crypto occasion in Miami subsequent week, the place we’ll be chatting with Binance CEO Changpeng Zhao (CZ), the billionaire who’s seen because the catalyst for FTX’s downfall. You should utilize the promo code REACT for 15% off a Normal Admission ticket to the occasion to listen to from CZ and loads of different crypto market gamers about what the way forward for this tumultuous business would possibly maintain within the coming months.