BREAKDOWN: Would a Genesis/DCG Deal With Creditors End the Crypto Contagion?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 February 2023
⏱️ 14 minutes
🧾️ Download transcript
Summary
According to sources, an in-principle agreement has been reached.
Today on “The Breakdown,” NLW catches up on 2022 fallout, including:
- The White House letter about crypto from last week
- FTX hearing on whether to appoint an independent examiner
- Binance temporarily suspending USD deposits and withdrawals
- Reports of an agreement between Genesis/DCG and major creditors
(Genesis and CoinDesk are both subsidiaries of DCG.)
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Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: A Mokhtari/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Transcript
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| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:53.8 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 1:04.9 | The breakdown is produced and distributed by CoinDesk. |
| 1:10.1 | What's going on, guys? It is Monday, February 6th, and today we are discussing, well, the fallout |
| 1:15.8 | from last year. Before we get into that, a quick note, there are two ways to listen to the breakdown. |
| 1:21.3 | You can hear us on the Coin Desk podcast network, which comes out every afternoon and features |
| 1:24.6 | other great Coin desk shows, or you can listen on the breakdown only feed which comes out a few hours later in the evening. |
| 1:30.5 | Wherever you're listening, if you were enjoying the show, I would so appreciate it if you |
| 1:33.6 | would take the time to leave a rating or review. |
| 1:35.9 | It makes a huge difference. |
| 1:37.8 | All right, guys, so like I said, today is a fallout day. |
| 1:40.6 | This year was always going to be a tough one following up the institutional failures and |
... |
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