December 4, 2022

Eureka News

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RIP to FTX? • Eureka News Now

2 min read

Photo credit: Eureka News Now

We had to cover the news that shook the crypto world this week in our Thursday episode: the Binance/FTX deal that never happened. To start, we gave you a rundown of how WTF just happened with the beef between two of the world’s largest crypto exchanges and how Sam Bankman-Fried’s fabled exchange has fallen so far so quickly, and has attracted investors, cryptocurrencies, and other businesses in the space crashes with it.

Welcome to Chain Reaction, where we unpack and explain the latest crypto news, drama and trends, breaking things down block by block for the crypto curious.

You can listen to the episode below:

After going through the background behind the situation unfolding in real-time this week, we shared our thoughts on the massive impact this fiasco could have on the rest of the crypto industry, from venture capitalists and startups to regulation at large World.

It’s an intriguing backdrop for our conversation at next week’s crypto event in Miami, where we’ll chat with Binance CEO Changpeng Zhao (CZ), the billionaire credited with being the catalyst for FTX’s downfall. You can use promo code REACT for 15% off a general event ticket to hear from CZ and many other crypto market players on what the future of this turbulent industry may hold in the coming months.

Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so subscribe to us on Apple Podcasts, Spotify, or your favorite pod platform to stay up to date.

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