Podcast
Current in Crypto
Hosted by K. Adam Bloom · EN
A daily podcast summarizing one crypto news story in five minutes or less, or your pizza is free.
Theme music – "Too Broken" by Dan Mantau (http://ccmixter.org/files/Dan_Mantau/63729)
11episodes
Episodes
Newest firstAll episodes
Celsius suspends withdrawals
Jun 14, 202200:05:15Tap to summarizeCelsius is a neo-bank, which is like a regular bank, but for crypto. They take crypto deposits, issue loans, make investments, and share the profits with their depositors. And that was bascially all well and good, until this week, when they suspended withdrawals. We explain.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Ethereum delays the difficulty bomb for two months
Jun 13, 202200:05:35Tap to summarizeThe colorfully named difficulty bomb was supposed to drop on Ethereum's proof of work chain beginning in June, making way for the network upgrade to proof of stake in August. Now the difficulty bomb isn't dropping until August. This may or may not mean a delay in the Ethereum network upgrade called the merge. But we will definitely explain it to you.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Anthony Hopkins – yes, that Anthony Hopkins – is now AHopkins.eth
Jun 10, 202200:05:16Tap to summarizeOscar-winning actor and octogenarian Anthony Hopkins is now AHopkins.eth. So what is the Ethereum Name Service, how does it work, why should you want an ENS name, and how did you suddenly become less cool than a guy at least twice your age? We peer pressure you.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Salesforce launches NFT platform
Jun 9, 202200:05:12Tap to summarizeSalesforce has its own publicly traded stock, its own tower in San Francisco, and now, its own NFT platform. Lots of interesting implications here for the future of NFTs and the increasingly less shy middle school dance party between Web 2 and Web 3. We don't usually fast-dance, but for this one... we'll try.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Ethereum testing the merge on the Ropsten testnet today
Jun 8, 202200:05:19Tap to summarizeSince Ethereum launched in 2015, some of its biggest champions, including its creator Vitalik Buterin, have been talking about upgrading it from proof of work to proof of stake. There are numerous advantages to this upgrade, not least of which being that the network could process more transactions while consuming about 99% less electricity. So what's happening now is that there is the current Ethereum blockchain running on a proof of work consensus mechanism. And there's a new blockchain called the Beacon Chain running a proof of stake consensus mechanism. And when the software is ready, Ethereum will merge the two blockchains and then terminate transactions on the proof of work chain. This upgrade, the "merge" is now planned for August. And today's test merge of the two chains on Ethereum's Ropsten testnet is one of the last steps before it officially happens. We get you psyched.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Ribbon DAO issues first ever on-chain convertible bonds
Jun 7, 202200:05:03Tap to summarizeDAOs are Web 3's effort to reimagine the business entity. Rather than corporations or LLCs that derive their authority from government laws, DAOs derive their authority from their members' agreement to abide by a set of rules coded into a piece of software called a smart contract. It's a big idea. But many of the details are still being worked out. For example, raising money. Traditional business entities have many financial instruments that have been invented over the course of hundreds of years to give them flexibility in the way they raise money to fund their businesses. One of those is the convertible debt bond, which allows a business entity to borrow money at a discounted interest rate in exchange for a promise that the lender can have their money back in the form of stock, rather than cash. Pretty sweet deal if you think the stock is going up before the loan comes due. And as of today, this particular financial instrument is now available on chain, courtesy of Porter Finance. We explain (hopefully). Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Hack attacks! Bad guys messed with BAYC and STEPN this weekend
Jun 6, 202200:05:19Tap to summarizeThis weekend, hackers broke into the Bored Ape Yacht Club Discord and managed to get away with 200 ETH ($350k) worth of ill-gotten NFTs. Meanwhile, on Solana, Web 3 move-to-earn dapp STEPN crashed after its third DDOS attack in three months. Best keep your head on a swivel, folks.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →In Usk, WA (pop. 1229), the old mill is now the new crypto miner
Jun 3, 202200:05:07Tap to summarizeIn 1945, after WWII, America became the world's manufacturer. Then, in the 1990s, a lot of America's industrial infrastructure started moving overseas. Today, America's got more empty factories than it knows what to do with. Increasingly, crypto miners are buying these facilities to run huge crypto mining rigs. These rigs bring new economic life to these old factories, but come with potential costs to the environment, the local price of electricity, and even the disturbance of living near a bunch of whirring computer fans. So, is this a new life for America's industrial infrastructure, a potentially destructive cash grab, or both, or neither? It's a debate playing out from sea to shining sea. The latest example is a new crypto mining rig being built in an abandoned paper mill in Usk, Washington (pop. 1229). We explore.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
Transcribe →Coinbase Giving and Coinbase Cloud donate $1M to Gitcoin
Jun 2, 202200:04:42Tap to summarizeWe've done several episodes of this show about the push-pull between using Web 3 technology to make profits, and using Web 3 technology for public goods. Today goes squarely in the public goods column, as Coinbase Giving announces a $1M donation to Web 3 public goods platform Gitcoin, one of the largest donations in Gitcoin's history. We describe.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
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Optimism airdrops the first batch of OP tokens
Jun 1, 202200:05:09Tap to summarizeWe talked a few weeks ago about Optimism's ambitious on-chain governance plans, including a new OP token. Well, the first OP airdrop is out. And 249k wallet addresses claimed it. So far... so good.Subscribe by adding the show link to your favorite podcast app!Please share your anonymous feedback about the show!DISCLAIMER: Current in Crypto does not offer financial or legal advice, nor does it represent the official views of Coinbase, Inc.
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