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Latest from Zack Seward
Terraform Labs CEO Do Kwon’s History Behind Another Failed Stablecoin, Coinbase Stock Craters After Earnings Report and More
“The Hash” panel tackles today’s hot topics: as LUNA and UST turmoil continues, ex-Terra colleagues say that CEO Do Kwon was also behind the failure of another algorithmic stablecoin. Coinbase shares are sinking after its Q1 earnings report and outlook.
Ripple Effects of UST Stablecoin Collapse, Michael Saylor’s Bitcoin Bet Under Pressure and More
“The Hash” panel tackles today’s hot topics: Terra’s UST stablecoin loses dollar peg. What happened and what does this mean? Treasury Secretary Janet Yellen uses the UST collapse example to discuss risks to the financial system. Michael Saylor suggests that MicroStrategy will not sell its bitcoin even as BTC falls below its average purchase price. Plus, the reason why the price of Azuki NFTs is plunging.
Mark Zuckerberg Testing NFTs on Instagram, What Impact Will Crypto Markets Slide Have on Coinbase and More
“The Hash” panel tackles today’s hot topics: Meta will start testing NFTs on Instagram, Bankless crypto channel banned and then reinstated by YouTube, and what impact crypto markets slide and volatility will have on Coinbase’s latest earnings report.
Compound’s Enterprise Arm Receives S&P Credit Rating in DeFi First
The iffy B- grade applies to Compound Treasury, a platform promising 4% yield for USDC-denominated business accounts.
How a Typo Cost $36M in JUNO Tokens, US Adds More N. Korea-Linked Wallets Addresses to Sanction List
“The Hash” team discusses today’s hot topics including how Juno project accidentally transfers $36 million in seized funds to inaccessible wallet address and the expansion of the U.S. sanction list targeting North Korea.
Binance, Sequoia Revealed as Investors Backing Musk’s Twitter Takeover
“The Hash” team discusses today’s top stories, including Binance’s $500 million backing to help Elon Musk seal the Twitter deal, Coinbase’s NFT marketplace reception and the controversy surrounding veteran magazine journalist Matt Taibbi’s new story about PayPal deplatforming alternative media sites.