- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Binance 'Reevaluating' Roles After Reported Job Cuts; Who Won the Ethereum Wager Between Joe Lubin and Jimmy Song?
The most valuable crypto stories for Wednesday, May 31, 2023.
ABOUT
This episode is sponsored by Ciphertrace.
"The Hash" hosts take a deep dive into today's top stories moving the crypto markets, including Binance saying it needs to "focus on talent density across its organization," as it responded Wednesday morning to a report of job cuts. Separately, a new blockchain token standard is allowing traders to convert their Ethereum-based non-fungible tokens (NFTs) to NFTs on the Bitcoin network. And, "The Hash" unpacks the results of a wager made at Consensus 2018 that hinged on how far Ethereum adoption would get by now.
See also:
Binance Says 'Reevaluating' Roles After Report of Layoffs
Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country
BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs
Find Satoshi Labs Rolls Out AI Tool That Turns Selfies Into NFTs
Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.
This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
HOSTS
Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.

Zack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief. Prior to joining CoinDesk in November 2018, he was the editor-in-chief of Technical.ly, a news site focused on local tech communities on the U.S. East Coast. Before that, Seward worked as a reporter covering business and technology for a pair of NPR member stations, WHYY in Philadelphia and WXXI in Rochester, New York. Seward originally hails from San Francisco and went to college at the University of Chicago. He worked at the PBS NewsHour in Washington, D.C., before attending Columbia’s Graduate School of Journalism.

Jennifer Sanasie is an executive producer and senior anchor at CoinDesk, with over a decade of journalism experience across the U.S., Canada, and South Africa. Beyond media, she has worked closely with Web3 companies on marketing, content, and business strategy.
Jennifer holds an MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph, and a Journalism Diploma from Humber College.
She owns BTC, ETH, SOL, USDC, USDT, G7, and DCNT. She also holds a mix of NFTs, altcoins and memecoins worth under $1,000.

Wendy O runs the largest and most-watched female-run crypto YouTube program globally, "The O Show," which focuses on bringing tech-heavy information to the masses in a clear and easy-to-understand format. Prior to going full-time crypto at the end of 2018, Wendy worked at the largest infectious disease company in the world. Her role there consisted of working with newly diagnosed and existing patients to coordinate their care. Working with 300+ patients per month gave Wendy the ability to effectively communicate complex information to people from all different cultures and backgrounds which she uses while creating content. Wendy was born and raised in Los Angeles County, California and takes pride in hosting free events for her community and making sure the unrepresented have access to free crypto education. She holds BTC, ETH, GALA along with other cryptocurrencies along with NFTs above CoinDesk's disclosure threshold of $1,000.

EPISODES
THE MINING POD: The Trumps Mine BTC Now: Inside American Bitcoin w/ Matt Prusak
Hut 8 is splitting its mining business into a new subsidiary, American Bitcoin, with backing from Eric Trump and Dona...
Apr 8, 2025
BITCOIN SEASON 2: Inside Bitcoin’s Darknet Markets
We’re exploring darknet markets, from their history with the Silk Road to how they function today. Bitcoin vs. Monero...
Apr 5, 2025
THE MINING POD: Hut 8’s Trump-Backed American Bitcoin, Galaxy’s $4.5B CoreWeave Deal, Tariff Impact on Bitcoin Miners
Two stories dominated headlines this week, and they both have to do with Trump: Hut 8 launches a new Trump-back subsi...
Apr 4, 2025
BITCOIN SEASON 2: Julian Assange’s Brother, Gabriel Shipton on Wikileaks & BTC
Julian Assange's brother Gabriel Shipton and Brian Laughlin announce Project Spartacus - an initiative to preserve th...
Apr 2, 2025

The Mining Pod
Feb 10, 2025

CoinDesk Podcast Network
The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.
Dec 20, 2023

Markets Daily Crypto Roundup
Tune in as CoinDesk runs down daily action in bitcoin markets and some of the most important recent industry development.
Dec 19, 2023

Unchained
Unchained, your no hype resource for all things crypto by former Forbes senior editor Laura Shin, author of The Cryptopians.
Dec 18, 2023