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.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
