Eoin Fitzgerald and Pete Townsend take the inevitable plunge into what to make of the FTX mess and then resurface with some of the scenarios unfolding on what Elon Musk has in mind for the 250 million daily active users of Twitter. The guys also look at the hubbub around the control of Tech Nation in the UK, a Digital Dollar pilot in the US, and how the Big Tech layoffs in Ireland may be short-term pain but long-term gain.

This episode of MoneyNeverSleeps is sponsored by SecuriCentrix. SecuriCentrix is a trusted cyber security company with offices in Dublin, Cape Town and London. SecuriCentrix provides expert advisory services, primarily in the finance and fintech industries, with tailored security solutions to fit your specific needs and regulatory challenges.

STORIES COVERED:

The Casino and the Genie (Mario Gabriele, The Generalist newsletter, 13-Nov-22, h/t Packy McCormick)

FTX Has Been Hacked’: Crypto Disaster Worsens as Exchange Sees Mysterious Outflows Exceeding $600M (Coindesk, 11-Nov-22)

5 More Disturbing Revelations About Sam Bankman-Fried (NY Magazine, 14-Nov-22)

Elon Musk details his vision for a Twitter payments system (TechCrunch, 9-Nov-22)

Startup founders go to war with UK government over its moves to appoint bank into key ecosystem role (TechCrunch, 15-Nov-22)

Global Banks Partner With New York Fed for 12-Week Digital Dollar Pilot (Watcher Guru, 12-Nov-22),

‘I’m doing this 26 years and I’ve never seen anything like it’: Laid-off tech staff hunt for new work (Business Post (paywall), 12-Nov-22)

LINKS:

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