cover of episode Sept 21 & 22: Fed drama, Kraken CEO resigns, Twitch bans crypto gambling, 'Crypto King' owes millions

Sept 21 & 22: Fed drama, Kraken CEO resigns, Twitch bans crypto gambling, 'Crypto King' owes millions

2022/9/22
logo of podcast Crypto Today

Crypto Today

Frequently requested episodes will be transcribed first

Shownotes Transcript

On today's CoinMarketRecap with Connor Sephton, crypto markets suffer whiplash as the Fed increases interest rates yet again. Jesse Powell announces he's stepping down as Kraken's CEO after 11 years. MicroStrategy buys more Bitcoin… and is already underwater. Twitch bans crypto gambling streams — it's gonna cost some content creators a lot of money. The U.S. considers a two-year ban on algorithmic stablecoins after UST's collapse. And a self-proclaimed Crypto King owes $35 million to investors… but just $2 million has been recovered so far. You can follow us on Twitter — @ConnorSephton and @CoinMarketCap.