CoinDesk layoffs. Plus, DeFi fails to live up to its promises and a look at Coinbase’s recent flurry of announcements.

On today’s “Carpe Consensus,” hosts Ben Schiller and Danny Nelson dive into the latest crypto news.

• [0:35] Inside the Desk: Ben and Danny discuss CoinDesk’s recent layoffs, which “Carpe Consensus” cohost Cam Thompson was affected by. Crypto’s bear (or as some say, “crab”) market has not been particularly kind to crypto media.
• [4:20] Decentralized Finance (DeFi) promised a new take on governance. It’s unclear what we got instead. The hosts discuss Camila Russo’s piece, “Crypto’s Theater Is Becoming More Surreal.”
• [15:48] Coinbase launched Base blockchain, a layer 2 network. It’s also formed a crypto lobbying agency, all while it’s in the middle of a battle with the SEC.

This one’s for Cam – you’re the best. “Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

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