Top Crypto Firms See Leadership Changes

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices