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Latest from Zack Seward
Silvergate Suspends Dividends on Preferred Stock; Argo Blockchain Faces Class-Action Suit
"The Hash" hosts tackle today's hot topics, including crypto bank Silvergate suspending preferred stock dividends as it looks to preserve capital; Bitcoin miner Argo Blockchain facing a class-action suit over alleged misleading statements made during its 2021 initial public offering and Sen. Ted Cruz's (R-Texas) resolution that would require Capitol Hill vending machines to accept crypto.
Elizabeth Warren Praises SEC Chief Gensler, Slams Crypto Lobby; Conflux Token Spikes 60%
"The Hash" hosts dive into today's top stories, including U.S. Sen. Elizabeth Warren (D-Mass.), praising SEC chief Gary Gensler's efforts to police the crypto industry; Conflux, the native token of the layer 1 Conflux blockchain, soaring by 60.25% after announcing the integration of Little Red Book, China's version of Instagram; and a look at the best crypto policies in the world. Jeff Wilser discusses his findings as part of CoinDesk's "Policy Week."
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.