Crypto One Year After the Collapse: All My Apes Blinded
1Description
It’s a bad time to be a crypto-person. Some of crypto’s biggest evangelists are facing serious federal jail time. FTX founder Sam Bankman-Fried was convicted on seven counts of wire fraud, securities fraud, and money laundering after a disastrous trial. Some owners of Bored Ape NFTs experienced vision injuries at a recent gathering. Prices are in the toilet and SEC regulators are circling.
And yet, many crypto holders are holding out hope that the number will go up again soon. This week on Cyber, Jordan Pearson sits down with Matthew and Emily to talk about what the crypto landscape looks like one year after its collapse. The shocking news is that legitimate investment firms like BlackRock are still looking to get into the market, Paypal launched its own stablecoin, and crypto dreamers are still sure that the decentralized currencies will change everything.
Stories discussed in this episode:
NFT Owners Partying at ‘ApeFest’ Report Vision Injuries (Not From Looking at NFTs)
Elon Musk’s ‘GrokAI’ Is Beating the Competition In Generating Cringe
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