Inside Web3

Crypto is Crashing, Meta is burning - Did Web3 just hit rock bottom?


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Crypto just experienced the largest crash in history, with an estimated $200 Billion wiped from the market just this week. It's all because of one company - FTX. 

The former billionaire and CEO of FTX, Sam Bankman-Fried, has been hailed as the Hero of WEB3 throughout the bear market, but this week he became Crypto's biggest villain.

Tracy Wang of Coindesk joins the show to tell us how her colleague, Ian Allison, triggered this chain of events with leaked information received earlier this week, and all the seedy details that have come out since then. 

Plus, Meta lays off 11,000 of it's workforce after another quarter in the red. Year over Year losses have reached over 22 Billion dollars as their conquest towards the Metaverse fails to gain traction. 

While Crypto Crashes and Meta Burns - Blockchain Tech is still making its way into the mainstream. This midterm election, some voters were able to submit their ballot remotely from their smart phone, thanks to the company Voatz. We meet with CEO Nimit Sawhney to find out how soon this will be available to all voters - and is it safe?  

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Inside Web3By Audacy