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Latest from William Foxley
Voyager Probed by FTC, Firm's Attorney Confirms Sale to Binance US Remains 'On Track;' Blur Co-Founder Reveals Identity
The hosts of "The Hash" weigh in on the news of the day. Bankrupt crypto lender Voyager Digital and its executives are being probed for deceptive cryptocurrency marketing, the Federal Trade Commission (FTC) said in a new legal filing. One of the co-founders of the rising non-fungible token (NFT) marketplace Blur ‘Pacman’ shared a photo of himself next to the Web3 avatar he uses for interviews. As part of CoinDesk's "BUIDL Week", new analysis finds developer activity is showing healthy growth in the crypto space.
How Retail Investors Fared After FTX's Collapse; Litecoin Network Gets Its First NFTs
"The Hash" team covers the biggest crypto headlines of the day, including a new Bank for International Settlements report that reveals that while most crypto app users worldwide lost money on their bitcoin holdings after last year's collapses of the Terra ecosystem and the FTX exchange, investors outside of major economies took the biggest hit. Plus, developers are forking Bitcoin ordinals to give older proof-of-work networks such as Litecoin their first set of non-fungible tokens (NFTs).
Binance Reportedly Mulls Cutting US Ties; Revelations in SEC's Charges Against Do Kwon and Terraform Labs
Binance Holdings, the world’s largest crypto exchange, is considering severing its ties with U.S. business partners amid heightened scrutiny from regulators, according to Bloomberg. Separately, the U.S. Securities and Exchange Commission (SEC) released a 55-page document detailing various charges of fraud against Do Kwon and Terraform Labs, alleging Kwon and others “engaged in a scheme to deceive and mislead investors…in the U.S. and abroad.” The Hash" hosts share their insights on these top stories of the day.
Mt. Gox Payout Update; NFT Marketplace Blur Ramps Up Royalty Battle With OpenSea
"The Hash" team discusses the biggest headlines of the day, including the two biggest creditors of Mt. Gox, the crypto exchange that failed due to a hack nine years ago, electing to get their bankruptcy recovery paid out mostly in bitcoin (BTC), according to CoinDesk sources. Plus, the battle between zero-fee non-fungible token (NFT) marketplace Blur and leading competitor OpenSea has intensified as both platforms vie for market share among NFT creators.
Interactive Brokers Offers BTC, ETH Trading for Professional Traders in Hong Kong; El Salvador's Bitcoin Embassy
The hosts of "The Hash" weigh in as Interactive Brokers (IBKR) begins offerings cryptocurrency trading to professional investors in Hong Kong. The region's Securities and Futures Commission (SFC) will reportedly allow retail trading in a select group of cryptocurrencies. El Salvador is discussing opening a "bitcoin embassy" in Texas. Warner Music Group's former CEO, Stephen Cooper, is joining the board of directors at Web3 firm OneOf. Plus, an update on The U.S. Securities and Exchange Commission's (SEC) proposed rule that would effectively require registered investment advisers to go outside the crypto industry to store digital assets.