What a DeFi Developer Departure Means for the Crypto Market Cycle

This episode is sponsored by Nexo.io, Arculus and FTX US.

Download this episode

One of DeFi’s best known developers, Andre Cronje, has left the industry. In this episode, NLW looks at how the markets and the broader crypto community are reacting to the news. In particular, he explores the shifting tone within the sector. Does this dev’s departure make a protracted winter more likely?

See also: Dozens of Tokens Tumble as Prolific Developer Andre Cronje Calls It Quits

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Obligated” by Daniele Musto. Image credit: Ja_inter/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.