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Binance
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Binance wins Abu Dhabi nod for another Middle Eastern outpost. India’s MobiKwik pulls crypto support. South Korea’s president-elect forges ahead with crypto policies. Twitter hacker takes over verified accounts to promote fake Azuki NFT drop. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Sky Mavis COO: $625M Axie Infinity Hack Was ‘Social Engineering’
Sky Mavis COO & Co-Founder Aleksander Larsen shares an inside perspective on the $625 million exploit of Axie Infinity’s Ronin network, explaining the circumstances that lead to the attack and the subsequent wave of financial support from Binance and venture capitalists to refund the victims. Plus, a conversation on the security of blockchain bridges, lessons learned for the overall crypto ecosystem and the launch of Axie Infinity: Origin.

Sky Mavis Raises $150M to Reimburse Axie Infinity Hack Victims
Sky Mavis, the company behind play-to-earn game Axie Infinity, has raised $150 million in an investment round led by Binance to reimburse victims of the Ronin network hack. “The Hash” group discusses the aftermath of the largest hack in DeFi history and the growing investor appetite in blockchain gaming.

Binance.US Valued at $4.5B Valuation After First Fundraising Round
Binance.US, the American arm of the world’s largest crypto exchange, has raised over $200 million in its first external funding round, valuing the company at $4.5 billion. “The Hash” group discusses Binance’s plans for an IPO during the next two to three years and the platform’s global presence.

Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.

Coinbase’s Potential Latin America Expansion
Coinbase is reportedly looking to acquire 2TM, the owner of Brazil’s largest crypto exchange Mercado Bitcoin. “The Hash” hosts discuss the growing interest of crypto firms like Coinbase and Binance in Latin America and why that region is seeing widespread cryptocurrency adoption for peer-to-peer exchanges.

How Luna’s Plan to Buy $3B Worth of BTC Is Affecting the Market
As rumors circulate of the Luna Foundation Guard’s plan for a new BTC-backed UST stablecoin, Christine Lee presents on-chain data showing that $125 million worth of tether was moved out of a Gnosis safe address, along with another similar transaction to a Binance account. Lee discusses how Terraform Labs Co-founder Do Kwon’s plan to eventually purchase $10 billion in BTC could impact the crypto markets.

Ukraine’s Kuna Exchange Founder Michael Chobanian on Crypto Donations, Binance and Senate Hearing
Michael Chobanian returns to “First Mover” following his testimony at the U.S. Senate Banking Committee hearing where he discussed the role digital assets have played in the Russia-Ukraine war. Chobanian shares his personal takeaways from the hearing, while also raising questions about why global crypto exchange Binance still supports Russian rubles for transactions.

Singapore Imposes Sanctions; Bitcoin Bucks Market Trend
Binance wins license in Bahrain. Singapore targets designated Russian banks amid sanctions. Bitcoin holds ground despite wider market falls over Ukraine and China concerns. Altcoins to keep a watch on. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Why is Binance Eyeing Non-Crypto Acquisitions?
Binance CEO CZ recently articulated ambitions to acquire businesses from varying industries and integrate them with the crypto space, saying “The strategy is about making the crypto industry bigger.” “The Hash” discusses this announcement in the context of Binance’s investment in Forbes and speculates on what their next move might be.
