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Latest from Zack Seward
Bitcoin Miner Core Scientific Files for Bankruptcy; Paxful Removes ETH From Platform
"The Hash" group discuss today's top stories, including another domino falling during crypto winter as bitcoin miner Core Scientific files for chapter 11 bankruptcy. Plus, a creditor committee that includes crypto exchange Gemini has presented a plan to Genesis and Digital Currency Group (DCG) to “provide a path for the recovery of assets." DCG is the parent company of CoinDesk. And, Paxful CEO Ray Youssef announces ether's (ETH) removal from his marketplace.
100 BTC Tied to QuadrigaCX Moved Out of Cold Wallets; BlockFi Asks US Court to Allow Some Customer Withdrawals
"The Hash" group discuss today's top stories, including the mystery behind more than 100 BTC tied to QuadrigaCX being moved out of cold storage wallets. Plus, bankrupt crypto lender BlockFi wants to allow some customers to withdraw their digital assets locked up on the platform. And, Coinbase CEO Brian Armstrong shares his take on regulations for centralized custodians.
Sam Bankman-Fried's Reported Extradition Plans; Twitter Under Elon Musk
The Hash hosts discuss today's top stories: Sam Bankman-Fried reportedly is expected to agree to extradition to the U.S. according to several media outlets. Ethereum co-founder Vitalik Buterin is voicing concerns about Elon Musk’s recent Twitter decisions, writing in part it could put the social media company on “the path to authoritarianism.” Plus, news from Yuga Labs and Binance.US.
BIS Warns DeFi May Exacerbate Volatility; Gemini Back Online After Being Down for Over 7 Hours
"The Hash" team discusses some of the top news stories shaping the crypto markets today. New papers from the Bank for International Settlements (BIS) said that decentralized finance (DeFi) could lead to bumpier financial markets and may not fix problems of large intermediaries dominating. Plus, crypto exchange Gemini is back online after being down for over seven hours due to a scheduled maintenance, the firm said.
NY Banks Need Crypto Business Permission; Trump Unveils NFTs and More
"The Hash" tackles today's top stories including: Why CryptoQuant says its data indicates that Binance is not exhibiting "FTX-like" behavior, New York banks need to get permission for crypto services from the state regulator, and the United Nations is using Stellar's blockchain to help get funds to war-impacted Ukrainians. Plus, former President Donald Trump's new NFT trading cards.