Clearing, Transit FTX • TechCrunch

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Hello and welcome back to Equity, the startup business podcast, where we unpack the numbers and nuances behind the headlines.

Here’s what we get into on our Monday show, at the start of each week.

  • Stocks rose around the world, in parts of Asia and Europe, but fell sharply in the United States to start the week.
  • Crypto prices have recovered somewhat, but remain in deep depression since last week. FTX damage continues to rise again.
  • Speaking of crypto, the FTX saga continues. The latest hack on Friday and the massive amount of new FTT tokens were not well received, leading major exchanges to scrap the current radioactive security fund.
  • All the exchange drama has caused other exchanges to catch fire, and Coinbase looks good on the contrary.
  • Elsewhere in tech-land: Fake Meat raises a lot of money, Klarna is doing some neat production work, India has the unblocked VLC, which was a major push to launch, and e-commerce infra startups are still raising capital!

And that’s all we’ve had this morning! More Wednesday!

Equity drops every Monday and Wednesday at 7am PT, and Fridays at 6pm PT, so subscribe to us. Apple Podcasts, Exaggerated, Spotify And All actors. TechCrunch has a great show on crypto, interviewing founders, detailing how our stories come together, and more!

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