Major setbacks for bitcoin miners

Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious.For our Thursday episode where we discuss the latest in crypto news, we talked about a string of troubles that have unfolded for various bitcoin mining companies over the past month, from Argo Blockchain to Core Scientific, and what it would take to unearth (ha ha, get it?) the sector from its woes. We also discussed:Binance’s $500 million investment in Elon Musk’s Twitter deal and what’s in it for the crypto exchangeNFT marketplaces such as LooksRare and Magic Eden pulling the plug on creator royalties and how the decisions could affect web3 artistsBinance CEO Changpeng Zhao is one of the speakers set to join us at our upcoming crypto event in Miami on November 17th, and we’ll be sure to ask him about his plans for Twitter. If you’re interested in hearing more, you can use the promo code REACT for 15% off a General Admission ticket to the event.And if you can’t join us in person we have a sweet deal for you to access our exclusive membership content — use the promo code REACT to get 25% off an annual subscription to TechCrunch+.Chain Reaction comes out every Tuesday and Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.