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Latest from William Foxley
DCG-Owned Luno Cuts Staff by 35%; Genesis Seeks $20.9M From 'Bitcoin Jesus'
"The Hash" discusses today's top stories, including crypto exchange Luno cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. Separately, a unit of Genesis Global, the crypto lender that filed for bankruptcy protection in New York last week, claims Roger Ver – sometimes referred to as “Bitcoin Jesus” based on his early evangelism for the industry – failed to settle cryptocurrency options trades. Digital Currency Group is the parent company of Luno, Genesis, and CoinDesk.
Binance Faces Scrutiny; FBI Says North Korean Hackers Behind $100M Horizon Bridge Theft
"The Hash" hosts discuss today's top stories, including Bloomberg reporting that Binance mistakenly kept collateral for some of the crypto assets it issues in the same wallet as funds belonging to its customers. This comes as Reuters reports that Binance processed $345.8 million worth of bitcoin (BTC) transactions for Bitzlato. Plus, the FBI says a pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge.
Aptos Token Price Outlook Amid Strong NFT Interest; Brazil and Argentina to Discuss Common Currency
"The Hash" group discusses today's top stories, including layer 1 blockchain Aptos’ APT token rising roughly 250% in the last two weeks. This comes as Cardano network saw a brief outage on Sunday that was automatically fixed within minutes. Plus, leaders of Argentina and Brazil will discuss a common currency this week and crypto app Tribes has raised $3.3 million in a pre-seed funding round.
The Final Straw for Genesis; Gemini’s Cameron Winklevoss Threatens to Sue DCG's CEO
"The Hash" group discuss today's top stories: Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. Both Genesis and CoinDesk are owned by the Digital Currency Group. Plus, the latest leadership confirmation at one of the largest crypto exchanges, Huobi.
FTX Token Surges as New FTX Head Reportedly Says Crypto Exchange Could Be Revived
"The Hash" hosts discuss today's top headlines, including new FTX CEO John J. Ray III telling the Wall Street Journal the company is exploring the possibility of restarting the bankrupt crypto exchange. “Everything is on the table,” Ray told the Journal. “If there is a path forward on that, then we will not only explore that, we’ll do it.” Plus, an update on crypto rapper Heather Morgan AKA "Razzlekhan" and her reported plans to take on a new job while under house arrest.