Bloomberg Crypto

The cooling crypto atmosphere and the subsequent downturn in trading has had a domino effect for people who work in the sector. In the wake of plummeting prices, a flurry of crypto firms reduced their numbers with significant layoffs. Coinbase announced an  18% reduction of it’s workforce, BlockFi cut their headcount by 20% and Crypto.com by 5%. So, what happens to these former crypto employees?  An increasing number of them are getting snatched up by traditional financial firms or Trad-Fi. The skills that these talented engineers and developers have accumulated is now very much in demand with Trad-Fi firms, who want to explore the crypto space and experiment with blockchain technologies.  Bloomberg reporters Will Shaw and Aisha Gani join this episode to explore why Trad-Fi institutions are swooping in for laid off De-Fi experts. See omnystudio.com/listener for privacy information.

Our colleagues on QuickTake, Tim Stenovec and Katie Greifeld, host a weekly video series called QuickTake IRL. Just for listeners of the Bloomberg Crypto podcast, we’ve got an audio version of their latest episode. For the full video experience, find them on the web at https://www.bloomberg.com/qt/series/crypto-irl, on Bloomberg TV or over on YouTube.See omnystudio.com/listener for privacy information.

It’s been (another) busy week in digital assets. What’s the latest in the markets? Are there any crypto CEOs left? Regulation: will it ever happen? Unclear! Bloomberg crypto editor Beth Williams and Bloomberg reporter Allyson Versprille join this episode to help break down this weeks’ news.See omnystudio.com/listener for privacy information.

How do you go from video game studio to major crypto VC in the space of a few short years? That’s exactly the path that Animoca Brands has been on. Since its founding in 2014, Animoca has expanded well beyond making games to come to own and operate a portfolio of investments and acquisitions that includes more than 300 different finance, gaming, and social media companies. Yat Siu, Animoca’s co-founder, has become one of the most influential people in technology.  Bloomberg reporter Zheping Huang  joins this episode to chart the path of Animoca and its founder from indie game studio to crypto conglomerate.See omnystudio.com/listener for privacy information.

Do you remember Adam Neumann? The WeWork co-founder and former CEO who stepped down in 2019 in a cloud of accusations about eccentric behavior, sky-high expenses, and general extravagance? The one with an Apple TV miniseries about his rise and fall starring Jared Leto? Well, Adam Neumann is back.  Now, with bonus crypto, and an exceptionally large $350 million dollar check from the venture capitalists over at Andresseen Horowitz.  To discuss these projects (and why the word ‘Flow’ is the new ‘We’)  Bloomberg reporter Hannah Miller joins this episode.See omnystudio.com/listener for privacy information.

For many of us, the pandemic has meant getting to know what it’s like to work remotely and in most cases from home  But in crypto, remote working had already been the norm for some time, with many workers roaming the world all year round and logging in from dreamy locations like the sandy beaches of the Caribbean or the palm-lined promenades of Miami Beach When crypto prices were high, these roving crypto workers enjoyed the benefits of being a digital nomad, moving from country to country in an attempt to leave behind the stress, expense and bustle that’s often associated with large financial centers.  But now that the crypto market isn’t quite as sunny, many of these nomads have started trickling back to the financial hubs of the world. Bloomberg reporter Tanzeel Ahktar and Panther Protocol CEO, Oliver Gale join this episode to share more about the crypto nomad lifestyle and why, for the time being, some have decided to give it up. See omnystudio.com/listener for privacy information.

Perhaps you’ve heard of Molly White. The software engineer and crypto skeptic has been profiled in numerous publications.  She has more than 80,000 followers on her personal Twitter, and more than 100,000 on an account called ‘web3 is going just great’. It is, as you might guess, a chronicle of all the ways that Web 3 is not going so great. Molly White joins this episode to talk through her skepticism of digital assets.See omnystudio.com/listener for privacy information.

This special bonus episode features Bloomberg QuickTake’s Katie Griefeld and Tim Stenovec. The pair have created a new video series called Crypto IRL. It takes us behind the scenes of this current crypto winter, and features interesting perspectives from special guests. You can catch the new series on a range of platforms including Bloomberg TV and YouTube. For more information, go to Bloomberg.com/QTSee omnystudio.com/listener for privacy information.

With apologies to TS Eliot - in finance, September is commonly held to be the cruelest month of the trading calendar. This extends to the crypto markets, too: Almost every year since 2013, Bitcoin prices struggle come September. And market conditions have been especially unforgiving this year. So what’s the outlook for crypto asset prices as we leave September behind? Joining this episode from Sydney is Jamie Coutts, crypto market analyst for Bloomberg Intelligence.See omnystudio.com/listener for privacy information.

On Tuesday September 27th, Bloomberg reporters Allyson Versprille and David Pan participated in a Twitter Spaces with Costa Samaras. Samaras is the White House’s chief advisor for energy policy in the Office of Science and Technology Policy. They spoke about the office’s crypto climate report and what’s next for US efforts. This episode features highlights from that conversation. Read more hereSee omnystudio.com/listener for privacy information.