logo
episode-header-image
Nov 2022
28m 46s

Tales from the crypto: An exchange implo...

The Economist
About this episode
At the start of this week, FTX was the world’s third-largest crypto exchange. After rumours of illiquidity swirled, customers pulled $6bn in assets. It now reportedly faces an $8bn shortfall, and the contagion is spreading. The Sama-Bajau have fished the same waters for centuries, but are citizens of nowhere, which makes their hard lives harder. And what Rishi Sunak can learn from his fictional predecessors. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

Hosted on Acast. See acast.com/privacy for more information.

Up next
Apr 24
An explosion still echoing: Chernobyl at 40
We go deep inside the Chernobyl nuclear-power plant and the surrounding exclusion zone, recounting the history of the accident on April 26 1986, and speaking with plant workers who were on shift that day. A pre-eminent Chernobyl historian discusses the lessons learned and yet to ... Show More
31m 37s
Apr 23
Bringing the House down: our American midterms model
We examine what our forecast model predicts so far—and consider what might change its confident prediction for one house of Congress and toss-up call for the other. Our correspondent sits down with Steve Reich, a pioneering classical composer who is nearing his 90th birthday. And ... Show More
26m 3s
Apr 22
White hat, black box: AI’s next chapter
The decision of Anthropic, an AI giant, to keep its Mythos model sequestered surely makes for good press. But there seems to be more to it than that—and it might change the whole industry’s approach. Indian politicians are chasing female voters more than ever; we question the mea ... Show More
22m 49s
Recommended Episodes
Nov 2022
Tales from the crypto: An exchange implodes
At the start of this week, FTX was the world’s third-largest crypto exchange. After rumours of illiquidity swirled, customers pulled $6bn in assets. It now reportedly faces an $8bn shortfall, and the contagion is spreading. The Sama-Bajau have fished the same waters for centuries ... Show More
28m 46s
Feb 2022
Siberia’s DIY cryptocurrency miners
<p>Sequoia Capital plans to move deeper into cryptocurrency markets and has earmarked at least $500mn for investments in cryptocurrency assets, and a global financial regulator says that policymakers must act quickly to craft rules for digital asset markets. Plus, the FT’s Moscow ... Show More
10m 32s
Jan 2022
Crypto Update 1/28/22 | Simpin' Ain't Easy: The Business Sense Behind IreneDAO
With bitcoin breaking below crucial support and a look at how influencers are using crypto to engage more actively with their fans, CoinDesk’s Markets Daily is back with the latest news roundup. This episode is sponsored by Kava.  Today's Stories: Bitcoin Worth $670M Leaves Cen ... Show More
9m 9s
Mar 2024
The Intelligence: The fallen crypto king learns his fate
<p>It has been called one of the <a href="https://www.economist.com/finance-and-economics/2023/11/03/sam-bankman-frieds-downfall-is-complete?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article ... Show More
21m 58s
Nov 2022
MM090: FTX fiasco rocks the crypto market
<p>In this episode, we attempt to unpack what exactly happened in the crypto market this week which was rocked by news about FTX and Binance, two of the world's largest crypto exchanges.</p><br><p>The move came as FTX CEO and founder Sam Bankman-Fried, who was hailed as something ... Show More
57m 1s
Jul 2022
Death of a Crypto Company
<p>Born in response to the 2008 financial crisis, cryptocurrency was supposed be a form of money that eliminated the traditional gatekeepers who had overseen the tanking of the economy.</p><p>But a crash in value recently has raised questions about cryptocurrency’s central promis ... Show More
29m 49s