BREAKDOWN: The Great Repricing Comes to Crypto
Public market valuation adjustments are finally coming to the private crypto markets.
On today’s episode, NLW covers a set of recent news in the crypto industry, including:
- Reactions to the Responsible Financial Innovation Act
- SEC investigating Binance over BNB
- Reuters report on Binance and money laundering
- BlockFi raising money on a down round
- Coinbase’s rescinded job offers
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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don’t Know How To Explain It” by Aaron Sprinkle. Image credit: Andriy Onufriyenko/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.