Gemini/Genesis Battle; Your Questions Answered | Bloomberg Crypto
January 13, 2023
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13:24Now PlayingGemini/Genesis Battle; Your Questions Answered | Bloomberg Crypto
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as posted by the channelSomething we say often on the Bloomberg Crypto team is that a week in this asset class can feel like a year. And as we wrap up the second week of 2023, it’s starting to feel maybe more like a decade.
On the proverbial docket this week: a public and ugly fight emerging between Gemini, a crypto exchange that's owned by the Winklevoss twins, and a company called Genesis, which was one of the biggest crypto lenders in the world.
Tom Brady, Gisele Bundchen and Patriots owner Bob Kraft popped up in a bankruptcy filing from FTX, the now-defunct crypto exchange associated with Sam Bankman-Fried.
And in this episode, our editors tackle listener questions.
Bloomberg senior editor Dave Liedtka () joins the show.
See omnystudio.com/listener () for privacy information.
Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics. Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority.
In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.
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