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NVIDIA gets caught up in the trade war, the titans of Twitter/X debate intellectual property law — and the Federal Trade Commission's antitrust case against Meta kicks off in court.We're digging into all of it on today's Tech Bytes: Week in Review. Marketplace's Meghan McCarty Carino speaks with Anita Ramaswamy, columnist at The Information, about what we learned in week one of Meta's monopoly trial.
NVIDIA gets caught up in the trade war, the titans of Twitter/X debate intellectual property law — and the Federal Trade Commission's antitrust case against Meta kicks off in court.We're digging into all of it on today's Tech Bytes: Week in Review. Marketplace's Meghan McCarty Carino speaks with Anita Ramaswamy, columnist at The Information, about what we learned in week one of Meta's monopoly trial.
In this week’s “Tech Bytes: Week in Review,” chip powerhouse Nvidia saw its revenue soar last quarter, showing that the AI boom is still booming. Plus, it was a bumpy week for bitcoin after the crypto exchange Bybit lost almost $1.5 billion of digital assets in a hack. But first, Apple announced it’s spending $500 billion to expand manufacturing and create jobs in the U.S. Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, columnist at The Information, about what the investment could do for American tech manufacturing and more.
In this week’s “Tech Bytes: Week in Review,” chip powerhouse Nvidia saw its revenue soar last quarter, showing that the AI boom is still booming. Plus, it was a bumpy week for bitcoin after the crypto exchange Bybit lost almost $1.5 billion of digital assets in a hack. But first, Apple announced it’s spending $500 billion to expand manufacturing and create jobs in the U.S. Marketplace’s Stephanie Hughes spoke with Anita Ramaswamy, columnist at The Information, about what the investment could do for American tech manufacturing and more.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
There’s been quite a firehose of news this week, but we’re going to distill some of it into a nice, tall glass for you on today’s Marketplace “Tech Bytes: Week in Review.” We’ll dig into why some crypto insiders are upset with President Donald Trump over his preinaugural meme coins. Plus, the latest in the TikTok ban rollback and how Congress might respond. But first, amid the flurry of executive orders the president signed during his first week in office, he announced the Stargate project, a private, multiparty venture to build domestic artificial intelligence data centers. In attendance at the White House were OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank CEO Masayoshi Son. The investment could be as much as $500 billion. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, columnist at The Information, for her take on these stories.
It’s been almost eight months since Reddit went public, and since then, the platform known as the front page of the internet has been going gangbusters. We’ll get into why on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, crypto surges to new highs in the wake of the election. But first up, Silicon Valley is going to Washington. This week, President-elect Donald Trump tapped his favorite tech CEO, Elon Musk, as the co-lead of a new Department of Government Efficiency along with Vivek Ramaswamy, the former biotech entrepreneur and GOP presidential candidate. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.
It’s been almost eight months since Reddit went public, and since then, the platform known as the front page of the internet has been going gangbusters. We’ll get into why on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, crypto surges to new highs in the wake of the election. But first up, Silicon Valley is going to Washington. This week, President-elect Donald Trump tapped his favorite tech CEO, Elon Musk, as the co-lead of a new Department of Government Efficiency along with Vivek Ramaswamy, the former biotech entrepreneur and GOP presidential candidate. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.
It’s been almost eight months since Reddit went public, and since then, the platform known as the front page of the internet has been going gangbusters. We’ll get into why on this week’s “Marketplace Tech Bytes: Week in Review.” Plus, crypto surges to new highs in the wake of the election. But first up, Silicon Valley is going to Washington. This week, President-elect Donald Trump tapped his favorite tech CEO, Elon Musk, as the co-lead of a new Department of Government Efficiency along with Vivek Ramaswamy, the former biotech entrepreneur and GOP presidential candidate. Marketplace's Meghan McCarty Carino spoke to Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories.
It’s perhaps not a big surprise, but OpenAI CEO Sam Altman has a very optimistic take on what his company’s technology could mean for the world. He shared his vision of a near future transformed by ever-advancing artificial intelligence systems in a much-discussed blog post earlier this week. Plus, Meta revealed more of its AI plans at its big developer conference including another go at celebrity chatbots. But first, X, formerly Twitter, finally released a new transparency report. It’s the first one since 2022, when Elon Musk bought the platform. And it’s full of data on reported abuse, harassment, how many accounts were suspended and more. Marketplace’s Meghan McCarty Carino discussed these topics and more with Anita Ramaswamy, columnist at The Information, on this week’s Tech Bytes: Week in Review.
It’s perhaps not a big surprise, but OpenAI CEO Sam Altman has a very optimistic take on what his company’s technology could mean for the world. He shared his vision of a near future transformed by ever-advancing artificial intelligence systems in a much-discussed blog post earlier this week. Plus, Meta revealed more of its AI plans at its big developer conference including another go at celebrity chatbots. But first, X, formerly Twitter, finally released a new transparency report. It’s the first one since 2022, when Elon Musk bought the platform. And it’s full of data on reported abuse, harassment, how many accounts were suspended and more. Marketplace’s Meghan McCarty Carino discussed these topics and more with Anita Ramaswamy, columnist at The Information, on this week’s Tech Bytes: Week in Review.
It’s perhaps not a big surprise, but OpenAI CEO Sam Altman has a very optimistic take on what his company’s technology could mean for the world. He shared his vision of a near future transformed by ever-advancing artificial intelligence systems in a much-discussed blog post earlier this week. Plus, Meta revealed more of its AI plans at its big developer conference including another go at celebrity chatbots. But first, X, formerly Twitter, finally released a new transparency report. It’s the first one since 2022, when Elon Musk bought the platform. And it’s full of data on reported abuse, harassment, how many accounts were suspended and more. Marketplace’s Meghan McCarty Carino discussed these topics and more with Anita Ramaswamy, columnist at The Information, on this week’s Tech Bytes: Week in Review.
It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace's Meghan McCarty Carino discusses all of this week's biggest tech stories with Anita Ramaswamy, columnist at The Information.
It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace's Meghan McCarty Carino discusses all of this week's biggest tech stories with Anita Ramaswamy, columnist at The Information.
It’s Friday which means it’s time for Marketplace Tech Bytes: Week in Review. On today’s show, Instagram is known for pretty pictures but a new report shows it lets a lot of ugly and abusive comments remain on the platform. Plus, Door Dash has dominated the food delivery race. Now it looks like Uber may be catching up. But first, the social media platform X relies on advertisers, so why is it going to war with them? Marketplace's Meghan McCarty Carino discusses all of this week's biggest tech stories with Anita Ramaswamy, columnist at The Information.
In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.
In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.
In the past week or so, Nvidia’s stock finally encountered the law of gravity — what goes up must eventually come down, at least a little bit. And we look under the hood of artificial intelligence companies that aren’t necessarily making headlines. Plus, the Supreme Court ruled against Republican-led states that accused the federal government of coercing social media companies into suppressing content. But first, major music labels, including Universal, Sony and Warner, are suing two startups that produce AI-generated music. The labels accuse Suno and Udio of using copyrighted works scraped from the internet to train their AI models. Marketplace’s Lily Jamali speaks with Anita Ramaswamy, columnist at The Information, for her takes on these stories in this week’s Marketplace Tech Bytes: Week in Review.
On this week's Tech Bytes: Week in Review, Senate Majority Leader Chuck Schumer is calling for a heap of new spending on artificial intelligence research. We'll look at where the proposed $32 billion annually is likely to go. And some of the biggest players in AI tried to outdo one another this week. OpenAI said it’s giving ChatGPT an upgrade and a personality while Google is trying to remake search with its AI model, Gemini. Marketplace's Lily Jamali spoke with Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories. Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.
On this week's Tech Bytes: Week in Review, Senate Majority Leader Chuck Schumer is calling for a heap of new spending on artificial intelligence research. We'll look at where the proposed $32 billion annually is likely to go. And some of the biggest players in AI tried to outdo one another this week. OpenAI said it’s giving ChatGPT an upgrade and a personality while Google is trying to remake search with its AI model, Gemini. Marketplace's Lily Jamali spoke with Anita Ramaswamy, financial analysis columnist at The Information, for her take on these stories. Marketplace is currently tracking behind target for this budget year — that means listeners like you can make a critical difference by investing in our journalism today.
When a company pushes false claims about using artificial intelligence in its business, that’s known informally as “AI washing.” It can feel like everybody's doing it, but the Securities and Exchange Commission is cracking down on the practice. Plus, is the government's communication with social media companies persuasion or coercion? The Supreme Court heard arguments this week in yet another case involving online speech. But first, the Department of Justice on Thursday announced that it's bringing antitrust charges against Apple. Marketplace's Lily Jamali spoke with Reuters Breakingviews columnist Anita Ramaswamy about all of these stories for this week's episode of Marketplace Tech's Bytes: Week in Review.
When a company pushes false claims about using artificial intelligence in its business, that’s known informally as “AI washing.” It can feel like everybody's doing it, but the Securities and Exchange Commission is cracking down on the practice. Plus, is the government's communication with social media companies persuasion or coercion? The Supreme Court heard arguments this week in yet another case involving online speech. But first, the Department of Justice on Thursday announced that it's bringing antitrust charges against Apple. Marketplace's Lily Jamali spoke with Reuters Breakingviews columnist Anita Ramaswamy about all of these stories for this week's episode of Marketplace Tech's Bytes: Week in Review.
Companies vying for AI dominance have told us their stories, but this week they showed us their numbers, and there is a clear front-runner. Plus, a court struck down Elon Musk's $56 billion pay package, but it's the announcement that his startup Neuralink did its first human brain implant that has us really scratching our heads. First, though, a look back at Wednesday's Senate hearing that put tech execs, politicians and families affected by online child sex abuse in a room together on Capitol Hill. Marketplace's Lily Jamali is joined by Anita Ramaswamy, columnist for Reuters Breakingviews, for her take on these stories.
Companies vying for AI dominance have told us their stories, but this week they showed us their numbers, and there is a clear front-runner. Plus, a court struck down Elon Musk's $56 billion pay package, but it's the announcement that his startup Neuralink did its first human brain implant that has us really scratching our heads. First, though, a look back at Wednesday's Senate hearing that put tech execs, politicians and families affected by online child sex abuse in a room together on Capitol Hill. Marketplace's Lily Jamali is joined by Anita Ramaswamy, columnist for Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes: Google launches its AI tool Gemini into the public arena — finally. Plus, ousted congressman George Santos becomes a star on Cameo. But first, Spotify CEO Daniel Ek said the music streaming giant is cutting 17% of its workforce. Here’s the thing, though: The size of Spotify’s user base is actually growing right now. Marketplace’s Lily Jamali is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes: Google launches its AI tool Gemini into the public arena — finally. Plus, ousted congressman George Santos becomes a star on Cameo. But first, Spotify CEO Daniel Ek said the music streaming giant is cutting 17% of its workforce. Here’s the thing, though: The size of Spotify’s user base is actually growing right now. Marketplace’s Lily Jamali is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes, our review of the week’s biggest headlines, Meta strikes a preliminary deal with Chinese videogame maker Tencent, giving the company a chance to return to China 14 years after Facebook was banned there. We also talk about the ransomware attack on a major Chinese bank, and how the Biden administration thinks American companies should respond to cyber extortion. But first, a look at the recent revelations about Google and Apple’s complicated relationship. Earlier in its federal antitrust trial, Google said it paid Apple $18 billion a year to be the default search engine on iPhone web browsers. The government said that’s $18 billion worth of evidence of anticompetitive behavior. This week, a witness for Google accidentally disclosed the company was sharing 36% of ad revenue it made from Safari browser searches with Apple. Whoops! Marketplace's Matt Levin is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
On today’s Tech Bytes, our review of the week’s biggest headlines, Meta strikes a preliminary deal with Chinese videogame maker Tencent, giving the company a chance to return to China 14 years after Facebook was banned there. We also talk about the ransomware attack on a major Chinese bank, and how the Biden administration thinks American companies should respond to cyber extortion. But first, a look at the recent revelations about Google and Apple’s complicated relationship. Earlier in its federal antitrust trial, Google said it paid Apple $18 billion a year to be the default search engine on iPhone web browsers. The government said that’s $18 billion worth of evidence of anticompetitive behavior. This week, a witness for Google accidentally disclosed the company was sharing 36% of ad revenue it made from Safari browser searches with Apple. Whoops! Marketplace's Matt Levin is joined by Anita Ramaswamy, columnist at Reuters Breakingviews, for her take on these stories.
Our expert hosts, Kate Moody and Benjamin Ensor, are joined by a great guest to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: First Republic: JP Morgan snaps up major US bank - 4:00 Revolut takes on Nubank with Brazil launch and LatAm push - 13:55 An investment fund created by ChatGPT is “smashing” the UK's top 10 most popular funds - 23:50 Australian gamblers to be banned from using credit cards for online betting - 33:35 Microsoft teams up with Stripe, GoDaddy and PayPal for in-meeting payments - 35:18 Microscopic monarch names etched on to coronation coin - 37:40 This week's guests include: Anita Ramaswamy, Columnist, Reuters Breakingviews This episode is sponsored by Thredd Global Processing Services (GPS), the payments platform trusted by the leading issuers to process billions of transactions a year, has changed their name to Thredd. Why Thredd? Thredd, because their tailored payment processing solutions are the thread that connects payments innovators of the future. Thredd, because they are true partners, becoming part of the fabric of your business as it grows. And Thredd because it just feels right. Find out more at Thredd.com. (https://www.thredd.com/?utm_source=newsletter&utm_medium=email&utm_campaign=bitesize+thredd&utm_id=11fs) Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guest: Anita Ramaswamy.
Welcome to Chain Reaction. A show that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week's episode, Jacquelyn interviewed Alex Adelman, the co-founder and CEO of Lolli. Founded in 2018, Lolli is a bitcoin rewards app that lets people earn bitcoin or cash back when they shop online or in-person at over 10,000 stores like McDonalds, Starbucks, Dunkin, CVS, Costco and so on. Adelman previously was on the team that built a commerce gateway Cosmic that was acquired by PopSugar in 2015 then Ebates and Rakuten in 2017. And similar to Jacquelyn, Adelman also went to UNC-Chapel Hill – go Tar Heels! The platform has grown significantly over the past few years from partnerships with less than 1,000 stores and to over 10,000 stores, to date. Adelman dived into the rewards system in the crypto ecosystem and how it has evolved over the years – and what the future holds for Lolli. We also dived deep into the topic of Bitcoin NFTs and Ordinals, which is the latest craze for the community. We discussed whether Bitcoin NFTs are good for the ecosystem, how the technology can grow long term and possibilities for these digital inscriptions to potentially fit into Lolli's business model. Chain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action. TechCrunch is coming to Boston for our Early Stage event. You can use code CHAIN for 40% off founder and investor passes, we'll see you there!
Welcome to Chain Reaction. A show that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week's episode, Jacquelyn talked with Mo Shaikh, co-founder and CEO of the layer-1 blockchain Aptos. Shaikh is a three-times founder with over a decade of experience in financial services as well as blockchain technology and crypto. He also worked on blockchain strategic partnerships for Novi, Facebook's wallet and was the strategy director at Consensys. Last year was huge for Aptos – as the blockchain launched publicly and raised about $400 million in funding, amid a bear market. The new layer-1 got backing from major investors like Andreessen Horowitz, Circle Ventures and the now-defunct FTX Ventures, to name a few. Looking forward, Aptos plans to focus on making 2023 its year of “intention,” Shaikh said. We also discussed: What it's like to launch in a bear marketBuilders on the blockchainBusiness development plans for 2023Onboarding people not in the spaceFuture of interoperability and the multichain worldChain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
For this week's Tuesday episode where we chat with a web3 expert, we're playing a recording of our discussion live on stage with Alchemy's CEO Nikil Viswanathan at TechCrunch Sessions: Crypto 2022. We chatted about:How the industry and developer's focus on infrastructure has shiftedDevelopers focus amid the crypto market chaosWhat will drive the next wave of consumer interestAdvice for developers, builders and founders alikeWhich smaller blockchains are seeing the most activity and interest from developersWhy Alchemy named itself AlchemySubscribe to Chain Reaction on Apple Podcasts, Spotify or your favorite pod platform to keep up with the latest episodes, and please leave us a review if you like what you hear.This was Chain Reaction's last episode for this season and we'll be taking a break for the month of December, but catch up with us in the New Year where I'm sure there will be a lot to talk about!
This week Darrell was busy hosting TC Sessions: Crypto, so producer Maggie interviewed Dom-Madori Davis about what Dom calls Vibe Capitalists and the kind of patterns they are matching. You'll also hear Anita Ramaswamy talk to Binance CEO CZ on FTX, building trust in crypto and revenue opportunities in a truly DeFI world. And as always, Darrell breaks down the biggest stories in tech.Articles from the episode:Long live the vibe capitalist!Binance's CZ on FTX: ‘We were the last straw that broke the camel's back'Other news from the week:Is Elon Musk's Twitter about to fall out of the GDPR's one-stop shop?Musk poses workers with a choice: quit Twitter, or prepare to get ‘hardcore'In his first emails to Twitter staff, Musk talks about ending remote work and battling verified spamAmazon begins layoffs as economic woes mountSBF regrets declaring FTX bankrupt
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.Web3 this week really reminded us that even the best-laid plans aren't always reliable. We tore up the script for our Thursday episode this week, which we recorded live on stage at our TechCrunch Crypto conference in Miami, and talked instead about the leaked DMs between Sam Bankman-Fried and a Vox reporter. We shared some of the most notable quotes from the surreal, absurd exchange and unpacked why they matter. Besides what went down in the DMs, we also talked through a couple of major topics related to the FTX fallout, including:The contagion that's unfolded among other market makers and fund managersWhat proof of reserves actually means and whether it is a viable solution for transparency from crypto companiesICYMI, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+, where we've been diving deep into all the latest drama going down in the cryptoverse.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.We had to talk about the news that rocked the crypto world this week in our Thursday episode: the Binance/FTX deal that never was. To begin, we gave you a rundown of WTF just happened with the beef between two of the largest crypto exchanges in the world and how Sam Bankman-Fried's storied exchange fell so far so fast, bringing down investors, cryptocurrencies and other companies in the space tumbling down with it.Once we ran through the background behind the situation that's been unfolding in real-time this week, we shared our thoughts on the massive implications this fiasco might have for the rest of the crypto industry, from venture capitalists and startups to regulation across the globe.It's a fascinating backdrop for our conversation at our crypto event in Miami next week, where we'll be chatting with Binance CEO Changpeng Zhao (CZ), the billionaire who is seen as the catalyst for FTX's downfall. You can use the promo code REACT for 15% off a General Admission ticket to the event to hear from CZ and plenty of other crypto market players about what the future of this tumultuous industry might hold in the coming months.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
For this week's Tuesday episode where we chat with a web3 expert, we're playing a recording of our discussion live on stage with Anatoly Yakovenko, co-founder of the Solana blockchain, at TechCrunch Disrupt. We chatted with Yakovenko about:Solana's plans to launch a web3-focused smartphone and whether it can take on tech giants Apple and Google in mobileThe lack of women in the web3 space and what blockchain leaders could (and should) be doing to fix thatWhether Yakovenko is more afraid of competition from new layer-one upstarts or incumbent market leaders such as EthereumIf you enjoyed this interview, you'll have a chance to hear us talk with some of the biggest names in crypto at our event in Miami on November 17th. You can use the promo code, REACT, for 15% off a General Admission ticket to hear from speakers including FTX's Amy Wu and Binance's Changpeng Zhao.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode where we discuss the latest in crypto news, we talked about a string of troubles that have unfolded for various bitcoin mining companies over the past month, from Argo Blockchain to Core Scientific, and what it would take to unearth (ha ha, get it?) the sector from its woes. We also discussed:Binance's $500 million investment in Elon Musk's Twitter deal and what's in it for the crypto exchangeNFT marketplaces such as LooksRare and Magic Eden pulling the plug on creator royalties and how the decisions could affect web3 artistsBinance CEO Changpeng Zhao is one of the speakers set to join us at our upcoming crypto event in Miami on November 17th, and we'll be sure to ask him about his plans for Twitter. If you're interested in hearing more, you can use the promo code REACT for 15% off a General Admission ticket to the event.And if you can't join us in person we have a sweet deal for you to access our exclusive membership content — use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For this week's Tuesday episode where we chat with a web3 expert, we're playing a recording of our discussion live on stage with a16z GP Chris Dixon that took place at Disrupt last month. We chatted with Dixon about:The venture firm's new creator economy-focused crypto accelerator programWhy a16z backed controversial WeWork founder Adam NeumannWhere he's seeing opportunity across the web3 landscape in this bear marketAlso, we'll be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the promo code, REACT, for 15% off a General Admission ticket to hear from speakers including FTX's Amy Wu and OpenSea's Devin Finzer.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
It's official - Elon Musk has sealed the deal on Twitter, and we're bringing you a bonus episode to talk through it all. In case you missed it, Alex took to Twitter Spaces on Friday with Darrell Etherington, Amanda Silberling, Anita Ramaswamy, and Taylor Hatmaker to process some of what's gone down, and what comes next on a special joint Equity/TechCrunch Podcast episode, so have a listen and be sure to read all about the Elon era at Twitter on TechCrunch.We'll talk to you again on Wednesday!Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!
It's official - Elon Musk has sealed the deal on Twitter, and we're bringing you a bonus episode to talk through it all. In case you missed it, Alex took to Twitter Spaces with Darrell Etherington, Amanda Silberling, Anita Ramaswamy, and Taylor Hatmaker to process some of what's gone done, and what comes next on a special joint Equity/TechCrunch Podcast episode, so have a listen and be sure to read all about the Elon era at Twitter on TechCrunch.TechCrunch also has a great show on crypto, a show that interviews founders, and one that dives into the numbers and nuance behind the headlines.
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.We hope that you are in good form this Friday, alive, well, and ready to rock. We certainly were. And in a change of pace, as our dear Mary Ann was off this week, the excellent Anita Ramaswamy joined Natasha Mascarenhas and Alex Wilhelm on the mics. (Theresa, as per usual, held down the production front!)What did we merry three get into? The following:Quick Hits: Launch House is shaking up its legal team as it sifts through what is left of its reputation; Sequoia India is still making big edtech bets; and BeReal is wealthy and, in our view, pretty cool. But does it have the staying power it will need?Twitter layoffs: When we prepped for the show, it seemed that massive Twitter layoffs could impact up to 75% of the company's staff. Since then, the figure has come down some. How much? That's not clear, but what is is the fact that Twitter's new chapter is supposed to begin, and soon.King Apple: The multi-front war attacking Apple's massive, and pervasive demand that it gets 30% of all transaction value on the App Store continues to rack up detractors. This time? NFT and other crypto fans. China: We closed on a brief riff on Chinese startups!We are back Monday for a spooky episode!Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode where we chat with a web3 expert, we talked to Andrei Brasoveanu, a venture capital investor at Accel, about his web3 investments in companies such as Nansen and Sorare and how the firm competes with crypto-native VC players for top deals in the blockchain space. We also chatted with Brasoveanu about:His background as a high-frequency trader on Wall Street and how it informs his approach to crypto investingTrends in developer infrastructure and tooling, where he's invested across both web2 and web3 startupsWe'll be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the promo code, REACT, for 15% off a General Admission ticket to hear from speakers including FTX's Amy Wu and OpenSea's Devin Finzer.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Our expert hosts, Ross Gallagher and Benjamin Ensor, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Oliver Smith, Managing Editor, AltFi Anita Ramaswamy, Senior Reporter, Techcrunch With soundclips from: Mauricio Magaldi, Crypto, 11:FS We cover the following stories from the fintech and financial services space: Is Goldman Sachs ready to pull the rug on Marcus? - 4:10 PayPal decides fining people $2,500 for 'misinformation' wasn't a great idea - 15:08 Affirm is working on credit card-like bonus points for its payment product - 27:10 How India's proposed digital rupee would be different from cryptocurrency - 38:00 Egypt's Algebra Ventures completes first close of $100m for its second fund - 49:25 Martin Lewis hits out Deliveroo for buy now pay later scheme - 50:45 Digital receipts start-up Flux closing down - 52:20 Damien Hirst burns artworks after collectors pick their NFTs instead - 54:20 This episode is sponsored by Tink Open banking can pave the way for faster and more responsible lending practices, that are robust on risk and financially inclusive. As the leading open banking platform, Tink is powering banks and fintechs to transform lending. To find out more, and read Tink's new Lending Unlocked report, go to tink.com/11fs. This episode is sponsored by LinkedIn As you gear up for Autumn, you need the right people on your team to help your small business fire on all cylinders. LinkedIn Jobs is here to make it easier. Tap into the world's largest professional network with over 30 million people in the UK. Create a job post in minutes, and spread the word so your network can help you find the right people to hire. Just add the purple #Hiring frame to your LinkedIn profile. Simple tools, like screening questions, make it easy to find candidates with just the right skills and experience. It's why small businesses rate LinkedIn Jobs #1 in delivering quality hires vs leading competitors. LinkedIn Jobs helps you find the candidates you want to talk to, faster. And, you can post a job for free. Just visit Linkedin.com/FINTECH (https://business.linkedin.com/talent-solutions/cx/21/01/jobs-single-cta-11-podcast-uk?src=re-pod&trk=fintech&veh=fintech&mcid=6963291076820369422). Terms and conditions apply. Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Ross Gallagher, Benjamin Ensor, and Kate Moody - as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Anita Ramaswamy, Mauricio Magaldi, and Oliver Smith.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode where we discuss the latest in crypto news, we talked about a report this week that the SEC is investigating Bored Ape Yacht Club creator Yuga Labs. We discussed what regulatory action against the NFT startup could mean for the crypto ecosystem. We also discussed:A pair of massive DeFi hacks that hit Binance's blockchain and the Mango network.The latest metaverse announcements from Meta at its Connect conference and what they could mean for web3 startups.ICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt next week (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode where we interview a guest in the web3 space, we sat down with Jesse Powell, founder and CEO of Kraken, one of the largest crypto exchanges in the world. Powell announced last month that he is stepping down from the top spot at the company he built 11 years ago and transitioning to the chairman role. We heard from Powell about the reasons behind why he is ceding the CEO title.We also discussed:The notorious manifesto Powell released outlining Kraken's “crypto-first,” libertarian valuesRecent headlines in the New York Times revealing Powell's controversial Slack messages to employeesThe path ahead for the crypto exchange under its new CEO, Dave RipleyICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt next week (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode, where we discuss the latest in crypto news, we had a long conversation about whether Kim Kardashian really deserved that $1.26 million fine that she got from the SEC for advertising an unregistered security, in this case a token called EthereumMax. We also discussed:Crypto happenings surrounding Elon Musk's renewed bid for Twitter and how crypto markets are responding.The dropping amount of crypto being lost to hacks, thefts and accidents and how that's a good signal for the space.ICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt this October (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode where we interview an expert in the web3 space, we sat down with Fable founder Edward Saatchi, who also previously co-founded Oculus Story Story. We talked about how emerging technologies can enable new forms of storytelling and how sectors like crypto and AI are changing what the metaverse might look like. We also discussed:The challenges facing DAOs, which are being forced to streamline operations and missions amid the bear market. How the intertwining of metaverse and crypto boosterism is leading to a very narrow popular view on the future of online social interaction.ICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt this October (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode where we discuss the latest in crypto news, we hashed out some of FTX's latest potential M&A actions, executive departures and fundraising plans. We dug into FTX's purchase of Voyager's assets in a bankruptcy auction. We also discussed.Crypto lender Nexo running into some issues with US state legislators on “unqualified securities” offerings. Fed Chair Jerome Powell throwing water on expectations that the Fed will make an imminent announcement around the Digital Dollar, and some of his comments on the challenges in creating such a currency in the first place.ICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt this October (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode this week, where we interview an expert in the crypto space, we chatted with Kevin Owocki. He is the founder of Gitcoin and an outspoken proponent of both open source software and decentralized governance. We spoke with Owocki about whether the crypto community is living up to its lofty ideals and what comes next for Ethereum after The Merge. We also discussed:How venture capitalists should be incentivizing the creation of more publicly beneficial blockchain infrastructure, and what still needs to be built.Whether technology is enough to solve some of the societal problems blockchain developers and advocates are frequently passionate about.ICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt this October (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode where we discuss the latest in crypto news, we talked about the recent steep decline in Ethereum prices following its major network upgrade. We also discussed:The latest regulatory drama surrounding stablecoins: including a draft House bill that would ban algorithmic stablecoins, some legal action against Tether and a big move in the sector from Robinhood.Recent movements from the United States federal government to embrace a digital dollar, and who Biden has tapped to prepare for any potential decisions from the Federal Reserve.ICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt this October (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode where we chat with a web3 expert, we talked to Seth Ginns, head of liquid investments and a managing partner at crypto venture firm CoinFund, about the state of different aspects of the crypto market today, from tokens to layer-ones to startups.Ginns used to work at an asset management firm investing in public growth stocks, so he also shared some insight on:His predictions for where token prices are headedIf people who recently pivoted careers into web3 are ready to jump ship during the bear marketWhy early-stage crypto startups have been able to avoid some of the markets' recent carnageICYMI, you can use the promo code REACT for 15% off tickets to TechCrunch Disrupt this October (excluding online and expo) where we'll be chatting with industry experts such as a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko.We'll also be hosting our first dedicated crypto event in Miami for just one day on November 17th — you can use the same promo code, REACT, for 15% off a General Admission ticket.And even if you can't join us in person, you can use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to a Chain Reaction bonus episode! On Thursday, Anita and Jacquie went live with Equity's Alex Wilhelm and Natasha Mascarenhas to talk all about the Ethereum Merge. Pulling off the Merge was an event requiring such technical coordination and rigor that it's been compared to the moon landing. Now that it's happened, what will be the impacts on web3 startups? What about the rest of the tech industry, or large financial institutions, or Chinese crypto miners? They walked through all these questions and more, trying to address both what the Merge is and why it matters through as holistic a lens as possible.For more on the Merge, required reading can be found here, here, and here.Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PDT, so be sure to subscribe to us on Apple Podcasts, Overcast and Spotify to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode this week, we dug into the institutional embrace of blockchains by stodgy financial powerhouses -- including mega PE firm KKR, which announced this week that they were tokenizing one of their latest funds to provide access to a slightly less rich class of wealthy investors. While it's far from pervasive financial democratization, the move attracted a lot of attention, which we dissected. We also covered:A Supergroup of financial institutions including Fidelity, Schwab and Citadel are teaming up to build a new digital asset exchange called the EDXM. Is this a signal of institutional fervor or just more groupthink?The White House's Office of Science and Tech Policy released a sweeping report on the energy usage of the cryptocurrency industry. The report signals future pressures on Bitcoin miners to reduce greenhouse gas emissions or else.Join us at TechCrunch Disrupt this October to hear from speakers including a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko — use the promo code REACT for 15% off, excluding online and expo.And even if you can't join us in person, you can use the promo code REACT for 25% on an annual pass for our TechCrunch+ membership service.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode where we chat with a web3 expert, we talked to Meltem Demirors, chief strategy officer at publicly-traded digital asset manager Coinshares. Demirors was a core team member at crypto investment firm Digital Currency Group in 2015 and advises the World Economic Council on digital assets. In our conversation, we discussed:The upcoming Ethereum merge and what it means for the brawl between the chain and its biggest competitorsWhy investors are increasingly apathetic toward the asset class and how crypto companies are fighting that sentimentHow Demirors has seen web3 grow more ideologically fractured over time while maintaining its cultlike followingJoin us at TechCrunch Disrupt this October to hear from speakers including a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko — use the promo code REACT for 15% off, excluding online and expo.We'll also be hosting our first crypto event in Miami this November with plenty of web3 experts — you can use the promo code REACT for 15% off a General Admission Ticket.And even if you can't join us in person, you can use the promo code REACT for 25% on an annual pass for our TechCrunch+ membership service.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome Back to the TechCrunch Podcast! This week we have an extra special guest host, Haje Jan Kamps walking us through the top TC stories of the week and talking to the writers who wrote them. He talks with Natasha Mascarenhas about YC demo day, executive changes, and the shrinking diversity in the accelerator's cohort. He's also joined by Anita Ramaswamy to talk about Ethereum's impending Merge and what it means for its users and the world of blockchains at large. And of course, Haje will catch you up on the tech news you may have missed this week.Articles from the episode:Garry Tan's return is a full circle moment for Y CombinatorDelving into YC's diversity data following a category shakeupCatch up on all of TechCrunch's YC demo day coverage here.How the upcoming Ethereum Merge could change crypto's rewards, costs and reputationOther news from the week:Check out all the TechCrunch coverage of the Apple iPhone event hereJuul agrees to pay $438.5M in a record settlement, while a newer vape maker gains steamElon Musk can lean on the Twitter whistleblower but he can't push the trial date back
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode focused on major news topics this week, we discussed the latest drama surrounding crypto mega exchange Binance which is making its presence known in the stablecoin game and shaking up the ecosystem as it looks to muscle its way to supremacy. We also covered:Sorare gets into NBA fantasy sports thanks to a new partnership with the league. Can Sorare beat out Dapper's NBA Top Shot?MicroStrategy ex-CEO and Bitcoin bull billionaire Michael Saylor sued for tax fraud by DC Attorney General; the government estimates Saylor may owe as much as $100 million in income taxes to DC.Join us at TechCrunch Disrupt this October to hear from speakers including a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko — use the promo code REACT for 15% off, excluding online and expo.And even if you can't join us in person, you can use the promo code REACT for 25% on an annual pass for our TechCrunch+ membership service.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Tuesday episode where we chat with a web3 expert, we talked to James Zhang, founder and CEO of Concept Art House, a consultancy that creates and advises on art for web3 video games and NFT collections. The company raised $25 million in funding last October from investors including Animoca Brands and Dapper Labs but faces a slumping NFT market today. We talked to Zhang about:How artists behind popular NFT projects are compensated for their work — and whether it's enoughZhang's experience navigating the often-sticky issues of intellectual property and ownership surrounding NFT artWhat impacts the recent dropoff in NFT trading volume means for artists and creatorsJoin us at TechCrunch Disrupt this October to hear from speakers including a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko — use the promo code REACT for 15% off, excluding online and expo.We'll also be hosting our first crypto event in Miami this November with plenty of web3 experts — you can get 2 passes for the price of 1 if you buy them before September 7th at techcrunch.com/tccrypto.And even if you can't join us in person, you can use the promo code REACT for 25% on an annual pass for our TechCrunch+ membership service.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
This week on Found Live Darrell and special guest host, Anita Ramaswamy, talk to Christine Quinn who you probably know from Selling Sunset and her husband Christian Dumontet about their new company RealOpen. The couple talks about why buying a home using crypto is the real estate of the future, how to balance being co-founders, and parents, and maintain their relationship, and yes Christine talks a bit about her time on Selling Sunset. To hear more from Anita, listen to TechCrunch's Chain Reaction. If you love live conversations with founders, you'll love TechCrunch Disrupt in San Francisco from October 18-20. Use code FOUND for 15% off your ticket. Subscribe to Found to hear more stories from founders each week.Connect with us:On TwitterOn InstagramVia email: found@techcrunch.com
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode focused on major news topics this week, Anita and Lucas unpacked the good, the bad and the downright confusing as they relate to the long-awaited Ethereum network upgrade -- The Merge -- starting this month. Jacquie has been out on vacation, so we're sure she'll be returning with lots to say next week.We also covered:Meta's announcement that it will allow users to post their NFTs on Facebook and Instagram, and how the tech giant is positioned compared to competitors like Reddit in the NFT space -- as well as what this means for the mainstream embrace of cryptoTune in on Tuesday for an interview with James Zhang, founder and CEO of Concept Art House, an NFT and web3 gaming-focused art and design studio.Join us at TechCrunch Disrupt this October to hear from speakers including a16z's Chris Dixon and Solana Labs' Anatoly Yakovenko — use the promo code REACT for 15% off, excluding online and expo.We'll also be hosting our first crypto event in Miami this November with plenty of web3 experts — you can get 2 passes for the price of 1 if you buy them before September 7th at techcrunch.com/tccrypto.And even if you can't join us in person, you can use the promo code REACT for 25% on an annual pass for our TechCrunch+ membership service.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Tuesday episode where we chat with a web3 expert, we talked to Jack Lu, the co-founder and CEO of fast-rising NFT marketplace Magic Eden. The venture-backed startup was founded last year and has already reached unicorn status -- raising at a $1.6 billion valuation. In our conversation, we discussed:Why the startup is looking to take on OpenSea on its home turf as Lu and his team build out Ethereum support?The state of blockchain gaming and whether game studios are eager to diversify their in-game revenues will embrace an open vision of crypto collectibles and assets.Whether the race to zero trading fees in crypto token exchanges will find its way to NFT markets where players like OpenSea and Magic Eden primarily monetize through transaction fees. (Lu hopes not!)Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome back. Earlier this week, Anita caught up with two investors at Haun Ventures, partner Sam Rosenblum and associate Breck Stodghill, live on Twitter Spaces. All eyes are on the lean venture firm, led by former a16z crypto and U.S. Department of Justice official Katie Haun, as it deploys a whopping $1.5 billion fund in web3 startups. We recorded the casual conversation as a bonus episode so you can hear Rosenblum and Stodghill share their thoughts on where they're seeing opportunities in crypto these days, how they approach the diligence process, and what they're listening to and reading outside of web3.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/05/16/a-dive-into-haun-ventures-with-the-firms-first-deal-lead-sam-rosenblum/
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode focused on major news topics this week, the crew broke down the latest blockchain happenings and volatility including SEC Chairman Gary Gensler's open letter to the crypto industry which has web3 insiders fuming. We also covered:A new report into the financials behind crypto exchange FTX, detailing how the rising giant stacks up to top competitors while offering insight into why investors are giving it a private valuation that's twice the size of Coinbase's public market cap. We had a lot to unpack!The chaotic court proceedings around Celsius's bankruptcy woes and how the crypto lender is lashing out at previous partners through legal action as the company looks to shift blame for the way things went down. Tune in on Tuesday for an interview with the CEO of fast-rising NFT marketplace Magic Eden, which is doing its best to tackle OpenSea's domination of JPEG trading.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Welcome back. This week while Lucas was out, Anita caught up with Devin Lewtan, cofounder and CEO of web3 media production studio Mad Realities. Mad Realities is the team behind “Proof of Love,” a dating show that allows its audience to vote and engage with its content using NFTs. Lewtan talked about how accidentally creating the viral Clubhouse show “NYU Girls Roasting Tech Guys” led her to launching a Paradigm and Paris Hilton-backed web3 startup. She also shared her insights on building community through web3 among people who might otherwise roll their eyes at that term.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Welcome back. This week, Jacquelyn and Anita ran the show while Lucas was out. We recapped a must-watch interview by Coinage with Do Kwon, the now-infamous founder of Terraform Labs whose algorithmic stablecoin de-pegged from the U.S. dollar, sending the crypto markets into chaos. This was Kwon's first interview since the coin's collapse in May, which wiped out some $60 billion in value. Is he remorseful? Aren't the authorities after him? We got into all those questions and more.We also discussed acquisition drama for the second week in a row, this time between Galaxy Digital and crypto custodian BitGo. Finally, we went through news of recent, highly secretive layoffs at Crypto.com as the exchange looks to expand its user base abroad.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/06/16/cryptos-emphasis-on-community-could-lead-followers-off-a-cliff/https://techcrunch.com/2022/05/25/terra-community-passes-proposal-to-revive-luna-cryptocurrency-following-stablecoin-led-implosion/https://techcrunch.com/2022/07/27/ftx-ceo-leads-trustless-medias-seed-round-to-help-build-community-owned-web3-shows/https://techcrunch.com/2022/08/15/galaxy-digital-calls-off-its-1-2-billion-acquisition-of-bitgo/
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. And, I mean, are you surprised what we're working with this week? Of course we're talking about Flow, Adam Neumann's a16z-fueled return to real estate that is already reportedly valued above $1 billion.This week, Natasha asked: Is the return is a result of vision, track record, or Adam Neumann-privilege? She's joined by Anita Ramaswamy, the co-host of TechCrunch's crypto-focused podcast Chain Reaction. The duo wrote a piece about the tech community's reaction to Neumann's new startup, so consider this episode a mic'd up follow-up:The news, what we know, and what we still don't - including how much of that $350 million check is cashThe reporter's notebook take on how to cover news that is sensationalist in nature. Do we give oxygen to something that is meant for a reaction? And when is something worth capturing versus worth waiting to see materialize?Why folks get checks, and Neumann's background in vision, track record and ability to raise money. After all, to succeed in becoming a venture-backed founder, all you need to be able to do is be good at getting venture backed.How this fits into the female founder takedown story - and why people need to stop comparing Neumann to Elizabeth Holmes. Fraud, my friend, is complicated.https://techcrunch.com/2022/08/15/tech-industry-reacts-to-adam-neumanns-a16z-backed-return-to-real-estate/Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
Welcome back, this week Anita and Lucas interviewed Li Jin, cofounder of crypto venture firm Variant, which just raised $450 million for its third fund. Jin, formerly a solo GP at Atelier Ventures, is known for developing an investment thesis around the “passion economy” that eventually led her down the rabbit hole of web3. A backer of companies such as Magic Eden and Mirror, Jin talked about the ethics behind onboarding cash-strapped creators into crypto, why she's no longer a solo investor and how she balances new investments and supporting her existing portfolio companies through a downturn.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2021/10/19/variant-debuts-a-new-110m-fund-for-crypto-startups-announces-li-jin-has-joined-as-a-general-partner/https://techcrunch.com/2022/06/30/khaby-lame-crypto-binance-christiano-ronaldo/
Welcome back. This week, Jacquelyn and Anita ran the show while Lucas was off on vacation. We got up to speed on the U.S. government's crackdown on cryptocurrency mixer Tornado Cash because of its role in facilitating money laundering. While it's true that hackers have long used Tornado to fuel illicit activity, we tried to answer some bigger questions: what is a mixer in the first place, and what exactly would someone use one for if not crime?This week's episode comes just after Coinbase announced its long-awaited, ultimately disappointing second-quarter results, so we ran through the numbers and what they mean for the industry. We also talked about Binance and Indian exchange WazirX, which might never, ever, ever be getting back together.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/08/08/ethereum-co-founder-sees-role-diminishing-as-blockchain-becomes-increasingly-decentralized/https://techcrunch.com/2022/08/08/treasury-tornado-cash-laundering-stolen-crypto/https://techcrunch.com/2022/08/09/coinbases-earnings-fall-short-of-expectations-as-crypto-winter-rages/https://techcrunch.com/2022/08/06/binance-says-it-doesnt-own-indian-exchange-wazirx-years-after-acquisition-announcement/https://techcrunch.com/2022/08/08/binance-tells-estranged-partner-wazirx-customers-to-move-funds-to-discontinue-off-chain-transfer/
Welcome back, this week Anita and Lucas interviewed MC Lader, COO of Uniswap Labs, the entity managing the world's largest decentralized crypto exchange. A former managing director at asset management firm BlackRock, Lader explained how her management team oversees a fully decentralized protocol and shared her thoughts on the exchange's future path to profitability.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/06/21/uniswap-acquires-nft-marketplace-aggregator-genie/https://techcrunch.com/2022/04/15/uniswap-labs-coo-says-mainstream-crypto-adoption-hinges-on-accessibility-and-ease/https://techcrunch.com/2022/04/11/defi-giant-uniswap-launches-venture-arm-to-invest-in-other-crypto-companies/
Welcome back, this week Lucas and Anita welcome Jacquelyn Melinek as a new permanent co-host on Chain Reaction. They dove into the hot crypto topics of the week, including the $190 million draining of the Nomad bridge by both ‘black-hat' and ‘white-hat' hackers. They also discussed the widespread Solana wallet attack and a particularly deep round of layoffs at Robinhood.You'll notice something different about the show this week besides a new co-host -- we're splitting up the news analysis and interview segment into different episodes! On Tuesdays you'll hear us sit down with experts in the crypto space and on Thursdays, we'll dive into the hottest web3 topics of the week. Catch us early next week for an interview with Uniswap COO MC Lader.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/08/03/solana-wallet-hack/https://techcrunch.com/2022/08/02/nomad-chaotic-exploit-crypto/https://techcrunch.com/2022/08/02/robinhood-23-layoff-vlad-tenev-responsibility-hiring/https://techcrunch.com/2022/07/27/the-outlook-is-getting-more-complicated-for-metas-virtual-reality-dreams/https://techcrunch.com/2022/08/03/upstreams-new-vault-could-help-nft-holders-sleep-at-night/https://techcrunch.com/2022/08/03/solanas-speedy-approach-to-crypto-is-attracting-developers-despite-hiccups/
Welcome back, this week Lucas and Anita dive into a conversation around Coinbase's legal woes and the insider trading scandal surrounding an employee at the firm. We also discussed Elon Musk's bitcoin sale and Minecraft's ban of NFTs from its platform. In their interview this week, Anita and Lucas interviewed David Nage. Nage is a portfolio manager at Arca where he makes early-stage bets on crypto startups. We talked about finding hot opportunities in seed stage crypto and then broke into a wide-ranging conversation on crypto regulation and what comes next. Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/07/25/crypto-valuations-may-sink-until-september-as-vcs-play-a-waiting-game/https://techcrunch.com/2022/07/20/tesla-dumped-75-of-its-bitcoin-holdings/https://techcrunch.com/2022/07/20/minecraft-says-no-f-ing-thanks-to-nfts/https://techcrunch.com/2022/07/26/if-it-walks-like-a-dog-and-barks-like-a-dog-perhaps-its-actually-a-non-security-crypto-digital-asset/
This week on the TechCrunch Podcast, TC crypto reporter Anita Ramaswamy comes on to discuss how regulators are thinking of tackling crypto and Lauren Forristal who covers streaming at TC talked about how Netflix is combatting massive subscriber losses. And as always, Darrell will catch you up on the tech news you may have missed this week.Articles from the episode:Regulators should address crypto ‘garbage' first, former SEC Chairman Clayton saysNetflix loses 970,000 subscribers, its largest quarterly loss everOther news from the week:Amazon is buying primary care tech provider One Medical for $3.9BTesla dumped 75% of its Bitcoin holdingsGM unveils Chevy Blazer EV to challenge Tesla Model YNew documents reveal ‘huge' scale of US government's cell phone location data tracking
Welcome back, this week Lucas and Anita dive into a conversation around OpenSea's significant layoffs, how Binance is taking on Coinbase in a stateside battle royale and why the Bored Apes creators are trying to outdo Meta with their own metaverse.In their interview this week, Lucas and Anita chat with Alexander Taub. Taub is the founder of DAO tooling startup Upstream which lets people spin up their own decentralized governance organizations. DAOs were the space to be this year, but how many of them will stick around through a crypto winter?Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/07/14/nft-marketplace-opensea-lays-off-20-percent-of-its-staff-we-have-entered-crypto-winter/https://techcrunch.com/2022/07/14/crypto-us-market-as-coinbase-falters-binance-us-is-waiting-in-the-wings/https://techcrunch.com/2022/07/19/bored-apes-founders-on-their-plans-for-otherside-metaverse/https://techcrunch.com/2021/11/18/constitutiondaos-bold-crypto-bid-for-us-constitution-falls-short/
Our expert hosts, David M. Brear and Kate Moody, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. This week's guests include: Abubakar Idris, Africa Reporter, Rest of World Anita Ramaswamy, Reporter, Techcrunch We cover the following stories from the fintech and financial services space: Klarna's valuation slashed by $39 billion amid fintech rout - 4:45 Fintech Flutterwave has accounts frozen in Kenya amid court probe - 14:15 Brazilian lender Creditas raises $200 million, buys bank - 24:10 Kadmos, a salary payments platform for migrant workers, raises $29.5M - 31:30 Almost 4.5 million UK families are in serious financial trouble - 39:50 Revolut launches ‘learn and earn' crypto courses - 41:45 Playboy goes full Minecraft, teases pixelated mansion in the metaverse - 43:00 Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Special Guests: Abubakar Idris and Anita Ramaswamy.
Welcome back, this week Lucas and Anita return to discuss the ultimate meme investing crossover episode with GameStop launching an NFT marketplace. We also break down this week's latest drama with the liquidation of crypto hedge fund 3 Arrows Capital. It wasn't all doom and gloom as we discussed some of the new crypto funds injecting fresh capital into the space. In their interview this week, Lucas and Anita chat with Naveen Jain. Naveen is the founder of web3 startup Yat which lets people buy their own emoji URL. The marketplace saw some wildly expensive sales this year, but when can pricey emojis tell us about the future of identity?Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2021/07/30/yat-thinks-emoji-identities-can-be-a-thing-and-it-has-20m-in-sales-to-back-it-up/https://techcrunch.com/2022/07/13/celsius-one-of-cryptos-biggest-lenders-files-for-bankruptcy/https://techcrunch.com/2022/07/12/crypto-focused-multicoin-capital-launches-430m-venture-fund/
Welcome back. Lucas was out sick this week, so TC crypto reporter Jacquie Melinek subbed in as co-host to talk with Anita about the biggest stories in web3 this week. They discussed whether Sam Bankman-Fried is the savior crypto needs as more and more companies declare bankruptcy and unpacked the drama behind the fight for a U.S. Bitcoin spot ETF.In this week's interview, Anita chatted with Tux Pacific, the founder and CEO of Entropy, a startup that just raised a $25 million seed round led by a16z for its decentralized crypto custody solution. Pacific, one of the rare trans and queer founders to have raised institutional funding, dropped out of college to teach themselves cryptography. They describe themselves as an “anti-capitalist anarchist” and spoke with Anita abut why they think decentralization is the only way crypto can succeed.Subscribe to Chain Reaction on Apple, Spotify or your alternative podcast platform of choice to keep up with us every week.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/06/08/the-trans-queer-anarchist-crypto-founder-seed-round-a16z-andreessen-horowitz/https://techcrunch.com/2022/07/01/crypto-mega-hedge-fund-three-arrows-capital-reportedly-files-for-bankruptcy-in-new-york/https://techcrunch.com/2022/07/01/ftx-us-deal-with-troubled-crypto-lender-blockfi-floats-acquisition-with-up-to-240m-purchase-price/https://techcrunch.com/2022/06/30/the-sec-rejected-bitcoin-spot-etfs-again-now-what/
Welcome back, this week Lucas and Anita argue about Coinbase's latest management strategies, whether Do Kwon being called the new Bernie Madoff is a fair comparison, and why the OnlyFans founder is the latest web2 entrepreneur pivoting to crypto.In their interview this week, Anita and Lucas chat with Ty Haney. Haney is the founder of athleisure empire Outdoor Voices, though she's recently departed the company to start a new effort around getting brands to embrace NFTs. We chatted with her about founding a crypto startup in a downturn, keeping her company well-capitalized and how she pivoted from yoga pants to non-fungible tokens.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newslettersHelpful links:https://techcrunch.com/2022/05/28/coinbase-real-time-feedback-dot-collector-ray-dalio/https://techcrunch.com/2022/05/26/onlyfans-founder-crypto-debut-influencer-trading-cards/https://techcrunch.com/2022/05/26/longtime-bitcoiner-dan-held-says-this-crypto-winter-wont-be-as-harsh-as-others/
Welcome back to The TechCrunch Podcast where you'll hear everything you need to know about the week's top stories in tech from the people who wrote them. This week our host, Managing Editor Darrell Etherington, talks with Natasha Mascarenhas about the ongoing tech layoffs, Anita Ramaswamy about WeWork founder Adam Neumann moving into the crypto space with backing from a16z, And Devin Caldewey about AI-generated images. Plus a rundown of the week's top news on TechCrunch. Articles from the episode:A third straight week of tech layoffs in the booksLatch, a proptech meets SaaS play, conducts two consecutive weeks of layoffsAdam Neumann's blockchain-based redemption story now sponsored by a16zOpenAI: Look at our awesome image generator! Google: Hold my Shiba InuOther news from the week: It's official: Broadcom to acquire VMware in massive $61B dealJack Dorsey steps down from Twitter's boardTwitter investors sue Elon Musk over acquisition shenanigansExtras:Hana Mohan's Twitter thread on the YC advice to foundersHana Mohan's episode of FoundEquity's episode: We think founders need a quick Heart to Heart about the market
Welcome back, this week Lucas and Anita discuss the continued fallout from the broader market crash and how life is going for crypto giants on the public markets. We chat about FTX's 30-year-old billionaire CEO buying up a big chunk of Robinhood, which is pumping the gas on crypto even as the market cools. We also discuss trouble at Coinbase and the continued fallout from the collapse of Terra. In their interview this week, Lucas and Anita chat with Mercedes Bent. Bent is a venture capitalist at Lightspeed Venture Partners where she places bets on consumer products in cryptoland. Before joining Lightspeed, Bent spent some time in the VR world, so we picked her brain on where crypto fits into this metaverse future everyone is clamoring about. Helpful links:https://techcrunch.com/2022/05/17/robinhood-lets-users-manage-their-own-crypto-wallets-in-push-to-spur-trading/https://techcrunch.com/2022/05/17/coinbase-backtracks-hiring-plans-crypto-market-turmoil/https://techcrunch.com/2022/05/17/encode-club-is-minting-new-web3-developers-amid-crypto-talent-war/ Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Cryptocurrency markets are being rocked after a popular token lost 99% of its value. We get the latest analysis from Anita Ramaswamy of the TechCrunch website. Oil giant Saudi Aramco has overtaken Apple to become the world's most valuable company. Indrajit Sen of the Middle East Economic Digest in Dubai discusses the significance of the shift. Russian shipping company Sovcomflot is reportedly selling off a third of its fleet to pay off some European debts before an EU sanctions deadline expires. It's one of the world's biggest transporters of oil and gas. We ask Richard Meade of the shipping journal Lloyd's List what this will mean for international shipping. An investigation in the US has revealed that the state of Louisiana is suing some families for making unlawful repairs to their homes - with government grants given out following Hurricane Katrina. We speak to David Hammer of WWL-TV, the investigative reporter following the story. And we have an extended report from the BBC's Russell Padmore exploring the problem of ships colliding with whales. Fergus Nicoll is joined throughout the programme by Kimberly Adams of our US partner station Marketplace in Washington DC, and by independent economist Andy Xie from Shanghai. (Photo: A cryptocurrency ATM. Credit: Getty Images)
Cryptocurrency markets are being rocked after a popular token lost 99% of its value. We get the latest analysis from Anita Ramaswamy of the TechCrunch website. Oil giant Saudi Aramco has overtaken Apple to become the world's most valuable company. Indrajit Sen of the Middle East Economic Digest in Dubai discusses the significance of the shift. An investigation in the US has revealed that the state of Louisiana is suing some families for making unlawful repairs to their homes - with government grants given out following Hurricane Katrina. We speak to David Hammer of WWL-TV, the investigative reporter following the story.
Welcome back, this week Lucas and Anita discuss turmoil and heartbreak in the crypto markets as Bitcoin and Ethereum get hit hard, a number of other popular tokens get crushed, and crypto-aligned public stocks like Coinbase and Robinhood see their share prices tank. What caused this bloodbath? Well, a major catalyst was the disastrous implosion of Terra's Luna token as a result of ongoing stablecoin woes.In their interview this week, Lucas and Anita chat with Kevin Rose. Kevin is a serial entrepreneur who founded Digg in the early 2000s and is now an investor at True Ventures and a co-founder of the Proof Collective. His startup recently raised $10 million from Seven Seven Six and launched its NFT project Moonbirds, which has quickly become one of the most popular NFT efforts out there. Listen along as we discuss the crypto crash and its fallout, and the challenges up ahead for NFTs.Helpful links:https://techcrunch.com/2022/05/10/bitcoins-backers-trying-to-turn-it-into-one-blockchain-to-rule-all-crypto/11:09https://techcrunch.com/2022/05/11/ust-founder-do-kwon-shares-plan-to-save-its-stablecoin-from-mass-destruction/11:09https://techcrunch.com/2022/05/11/terras-ust-crash-will-make-life-harder-for-crypto-as-regulation-looms/Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
Today on the podcast, we're joined by Anita Ramaswamy, a reporter at TechCrunch. Anita covers crypto and fintech startups, trends, and news. Before joining TechCrunch, Anita was a finance fellow at Insider. During the episode, Anita shares real-life examples of pitch subject lines, why she's hesitant about pursuing exclusives, her new podcast from TechCrunch, and more.
Welcome back, this week Lucas and Anita break down the chaotic rollout of Ethereum's biggest drop yet — a virtual land sale for the Bored Apes metaverse. The startup behind it banked more than $400 million in the sale, but the auction of land tiles called Otherdeeds brought the Ethereum blockchain to a crashing halt, leaving users paying exorbitant transaction fees worth thousands and tens of thousands of dollars just to buy themselves some monkey land.Beyond that, they discuss Wikipedia's abandonment of crypto donations after a vote from the Wikimedia Foundation's editors and how the SEC is bulking up its crypto crime division with a few new hires that are tasked with the daunting challenge of policing web3.In their interview this week, Lucas and Anita chat with Jill Gunter. Jill is a crypto VC at Slow Ventures and the co-founder of Espresso Systems — a startup building a privacy-centric blockchain. Listen along as they get her take on why there are so many blockchains out there and whether we're headed towards a future where one blockchain rules them all.Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha and Alex asked: What do the crypto-curious need to know to be more savvy about the space? Better than our question, though, was our company: we brought on Anita Ramaswamy and Lucas Matney, the minds behind TechCrunch's newest podcast Chain Reaction. The crypto-focused pod launched a few weeks ago and already has a lot of folks' attention. We highly recommend a listen, and maybe start with the one that will glow up your retirement savings strategy. Back to today, though, us four chatted through some of the largest questions that entrants into crypto may be thinking about, including untangling web3's complex jargon around decentralization to examine whether it really is different from what other tech companies are already doing. We also took a reporter's notebook lens to crypto coverage, asking if journalists need to be investors in order to report and understanding just how hard conflicts of interests can be to extract. Super light topics, you know us!https://techcrunch.com/2022/03/24/techcrunch-debuts-chain-reaction-a-new-podcast-about-the-wild-world-of-web3/Thanks again to our favorite duo for joining us and don't forget that Equity is very present on Twitter these days, so follow us there for other mid-week musings.
Introducing Chain Reaction - a TechCrunch podcast breaking down what's happening in the wild world of crypto. Each week, Lucas Matney and Anita Ramaswamy will unpack and explain the latest crypto news, drama, and trends, breaking it down block-by-block for the crypto-curious. They'll be learning alongside you about the industry that's captured the attention of some of Silicon Valley's most influential players by interviewing some of the savviest investors, entrepreneurs, and skeptics.Alongside the podcast, we'll also be sending out a weekly Chain Reaction newsletter digging into the week's web3 happenings with more granular detail, highlighting notable funding rounds, acquisitions, heists, personnel moves and spicy tweets. You can sign up for the newsletter here.
This is our Wednesday episode when we niche down to a single topic, looking to expand our understanding of one particular technology trend or another. And this week, it was all about the ConstitutionDAO.For those who weren't online last week, here's what you missed: a not-so-subtle group of strangers on the internet banded together to try to buy one of the remaining thirteen copies for the constitution. With crypto. The bold bid eventually fell short, but many saw it as an inspiring onramp into how communities can mobilize around a shared goal in a Web3 world. The whole movement, from its meme start to its poetic, and billionaire Ken Griffin-themed, end, was just too interesting for Equity to not dedicate an entire episode to.So, Natasha and Alex brought on Lucas Matney and Anita Ramaswamy to unpack, decompress, and bond over our shared experience of witnessing this 'financial flash mob.'We talked about what a DAO is, and what they might be used for. We dug into the question of just how many folks the effort really brought to the larger "Web3" space. And, of course, we had to talk about gas fees, NFTs, and the pace of innovation in crypto more broadly. Lucas even broke out an excellent analogy to explain level-two chains!The crew were generally bullish on the blockchain economy, if skeptical of some of its current uses. In short, the potential remains potent in crypto even if some of its projects, today at least, are a bit more boring than breakthrough. Crypto, we're told, is going to shake up the world. More of that, we reckon, and less of the meme-wars wouldn't be amiss.