Celsius & FTX US See Leadership Changes

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We’ve seen changings of the guard at two of the most recognizable crypto companies in the past 24 hours. Alex Mashinsky, the CEO of bankrupt crypto lender Celsius Network, stepped down with immediate effect after he became, in his words, “an increasing distraction.” And FTX US President Brett Harrison announced his resignation and transition to an advisory role. Santiago Velez, co-founder and R&D Division Lead at Block Digital, joins Ash Bennington for this edition of Real Vision Crypto Daily Briefing to discuss the implications of these personnel changes in the midst of crypto winter. Also on today’s agenda: a report that FTX is eyeing Celsius’s assets, the IMF’s warning about problems with proof-of-stake, and Fed Chair Jerome Powell’s cautious words about DeFi regulation. And Santiago and Ash go deep into Santiago’s interview with Sergey Gorbunov, co-founder and CEO of Axelar, about cross-chain interoperability. We want to hear from you too – please share your questions in the chat!

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  1. Systems don’t evolve to where there is an equal amount of L1s. Which means ETH and btc will end up taking 80 % of the market share as Microsoft and Apple have. In the early 80s there were 10 to 15 Microsoft competitors only to have Microsoft take all more or less.. Or as Google has when it comes to browsers. These are facts history has taught us…

  2. TCP/IP is a protocol.
    Is there a company which makes a profit from the use of the TCP/IP protocol?
    If XLR is a protocol similar to TCP/IP, does it not profit from its use?
    My point being, XLR is not similar to TCP/IP.

  3. Great show, can listen to Santiago all day. Would like to hear more about interoperability. How do, say, Quant, Flare, Polkadot, and Axeler differ from one another? Or do they all have the same goal?

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