From This Collection

Make Me Smart | Episode 843

FTX reboot?

Jan 19, 2023

Crypto mining hits a (very) rough patch

Jan 13, 2023
The fall in the price of bitcoin combined with a surge in energy prices have made this a tough year for businesses that mine crypto.
Above, fans cool servers at a bitcoin mining facility in New York. Surges in energy prices have boosted the costs associated with bictoin mining.
Geoff Robins/AFP via Getty Images

Can crypto restore its credibility?

Dec 13, 2022
Despite a raft of prosecutions and losses to investors in the billions, some say the industry has what it takes to find its feet.
Sam Bankman-Fried in 2021. The former FTX CEO was arrested in the Bahamas on behalf of the U.S., where federal prosecutors have indicted him for fraud and conspiracy.
Alex Wong/Getty Images

As crypto chaos continues, the next generation of hires is having doubts

Nov 30, 2022
"Interest in the crypto space, generally speaking, tends to track the price of bitcoin," a UCLA professor says of his computer science students.
Soon-to-be hires are rethinking pursuing jobs at crypto companies.
Maddie Meyer/Getty Images

For public good, not for profit.

Make Me Smart | Episode 818

FTX-bomb

Nov 17, 2022

Amid downfall of crypto exchange FTX, an absence of regulation and rescuers

Nov 14, 2022
FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor's Liz Hoffmann.
"Customers of FTX and a lot of these crypto companies that have gone bankrupt are realizing that they are the creditors," says Liz Hoffman of Semafor.
Leon Neal/Getty Images

Crypto exchange Binance walks away from FTX deal

Nov 9, 2022
Binance cited a due-diligence check, saying the issues at FTX were "beyond our control or ability to help."
When FTX hit a liquidity crunch, users pulled out money and crypto at once. And rival exchange Binance announced Wednesday that it wouldn't be bailing out FTX.
Olivier Douliery/AFP via Getty Images