Ethereum Cofounder Joseph Lubin On Crypto's Rise And What's Next
Joseph Lubin, the co-founder of Ethereum and CEO of Consensys, sat down with Cheddar senior reporter Alex Heath to discuss the rise of cryptocurrency. Lubin weighs in on why crypto's sudden correction last year benefits the space in the long term.
Lubin discusses the beginnings of the Ethereum Project he helped create and his new company Consensys's role in developing for blockchain technology.
Lubin also talks about the meteoric rise of Ethereum and bitcoin in the last year and the inevitable correction he feels it had to undergo. He believes the drop was necessary for the continued success of decentralized currencies.
According to recent data from the American Gaming Association, U.S. Casinos have just experienced their best quarter ever, winning nearly $14 billion in the third quarter of the year alone. Reporter at The Nevada Independent Howard Stutz, joined Cheddar to discuss more.
Bitcoin has officially entered bear market territory. The cryptocurrency is down 20% from an all-time high of nearly $69,000 dollars, which it hit earlier this month. Experts mark the new potentially vaccine-resistant coronavirus variant as the reason for the dip. Patrick McConlogue, CEO of Overlin, joins Cheddar News to discuss.
Carlo and Baker cover the latest developments with the Omicron variant, and break down what we know and what we still don't. Plus, a relatively tame Black Friday, and more.
