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Even Drake Is Crypto Gambling on Twitch

Even Drake Is Crypto Gambling on Twitch

FromBloomberg Crypto


Even Drake Is Crypto Gambling on Twitch

FromBloomberg Crypto

ratings:
Length:
18 minutes
Released:
Sep 15, 2022
Format:
Podcast episode

Description

You might not have heard of Twitch, but it’s one of the most popular places on the internet. Millions of people every day use the app to watch their favorite live streams do everything from play videogames to solving math problems in real-time.
Videogames are still the biggest category of live streams people tune into on Twitch, and the biggest games - like Grand Theft Auto and Fortnite - still dominate time spent on the platform. Recently however, there’s been a new addition to the top ten: gambling.  Gambling, is the seventh most popular content category on Twitch. And it’s not just any gambling. It’s Crypto Gambling. Many streamers are paid handsomely by casinos to take part in this activity. But what about those who actually pay to play? And where is all this coming from?
Bloomberg video game reporter Cecilia D’Anstasio joins this episode to talk about the toll of this growing trend. See omnystudio.com/listener for privacy information.
Released:
Sep 15, 2022
Format:
Podcast episode

Titles in the series (100)

Crypto is the world's hottest financial trend. Digital tokens like Bitcoin and NFTs have moved from niche products to showing up in Super Bowl commercials and song lyrics.  Advocates of these new asset classes promise they will democratize the finance industry, and they hail the blockchain technology that backs it all as the future of computing. Skeptics say it's another financial house of cards. No newsroom on the planet is better equipped than Bloomberg to cut through all the noise and provide clarity, context and authority. In this new daily podcast, Bloomberg’s reporting team will tease out what’s actually important in the crypto conversation. Led by crypto expert Stacy-Marie Ishmael, the podcast will draw on reporters in every region and credible voices in the industry to cover everything from regulation to alt coins to DeFi, and even the environmental impact of the currency that promises to change the finance landscape indefinitely.