The Breakdown - The Crypto Reckoning Continues

The Crypto Reckoning Continues

01/07/23 • 15 min

1 Listener

The Breakdown

NLW profiles another brutal week in the crypto computation and cleanup following the disasters of 2022.

He examines:

Celsius ex-CEO Alex Mashinsky sued by NYAG
3AC subpoenaed via Twitter
Silvergate laying off 40%
Genesis laying off 30%
And more

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Disclaimer: DCG is the parent company of CoinDesk.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: CSA Images/ Getty Images , modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

NLW profiles another brutal week in the crypto computation and cleanup following the disasters of 2022.

He examines:

Celsius ex-CEO Alex Mashinsky sued by NYAG
3AC subpoenaed via Twitter
Silvergate laying off 40%
Genesis laying off 30%
And more

Disclaimer: DCG is the parent company of CoinDesk.

Previous Episode

The Fed Is Scared of Stock Market Animal Spirits

In today's episode, NLW looks at the macro landscape that will set the tone for the markets in 2023. According to the minutes of the December Federal Open Markets Committee Meeting, released on Wednesday, the Federal Reserve is concerned about investor enthusiasm regarding a theoretical future pivot undermining monetary policy tightening.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: Drew Angerer/Saff /Getty Images , modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Next Episode

Is Political Gridlock Good for Crypto?

On the first Weekly Recap of 2023, NLW hones in on the political impasse in Washington D.C. and explores whether a divided Congress (and a divided Republican party within Congress) might be good for crypto in a year that politicians are feeling animosity towards the industry.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Image credit: mathisworks/ Getty Images , modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.