The crypto markets are hurting real bad. Market capitalization of all crypto currencies fell below one trillion dollars on monday for the first time since february 20 21. A protocol called celsius announced that they were going to pause all with as. And that sent the market into an absolute frenzy. During the second half of the episode, will be ha with aaron levy, the ceo of box,. So he's got some good insights for us. But before we get to that, talk through some of the biggest news of the week.
Welcome back, this week Anita and Lucas discuss another stressful week for crypto markets which has pushed even bullish investors into bearish territories. We also chatted about growing crypto regulation efforts and Jack Dorsey’s latest effort called “web5”.
In their interview this week, Lucas and Anita chat with Aaron Levie. Levie is the CEO of enterprise software company Box. While his day job doesn’t have anything to do with the blockchain, he has attracted the ire of plenty of crypto VCs for sharing thoughts on Twitter about why web3 won’t work. We caught up with Levie about some of his biggest complaints and what it would take for him to angel invest in a crypto startup.
Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Helpful links:
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.