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OpenSea Reports Email Data Breach

NFT marketplace OpenSea recently reported an email data breach after discovering that an employee of Customer.io had leaked the platform’s customer data to an outside party. “The Hash” group discusses solutions for security issues in Web3, noting the benefits of wallet-based logins.

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Custodia Bank's Caitlin Long: Crypto Crash was ‘Foreseeable’

Custodia Bank Founder & CEO Caitlin Long shares her perspective on the crypto crash and current industry blowups, saying both industry members and regulators are to blame, due to all of the leveraging that was allowed to take place. She believes bankruptcies are inevitable. Long also weighs in on the SEC’s decision to reject Grayscale’s spot bitcoin ETF application and Grayscale's decision to start legal proceedings against the SEC.

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Crypto Hedge Fund Three Arrows Capital Censured By Singapore Central Bank

Singapore’s central bank, the Monetary Authority of Singapore (MAS), reprimanded embattled crypto hedge fund Three Arrows Capital (3AC) for allegedly misleading it with false information. “The Hash” group discusses what the collapse of 3AC could mean for Singapore’s crypto scene and the country’s regulatory approach.

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CFTC Charges Mirror Trading International With $1.7B Fraud

In one of the biggest scams in bitcoin’s history, the Commodity Futures Trading Commission has charged South Africa-based bitcoin pool operator Mirror Trading International with $1.7 billion fraud. CoinDesk’s Danny Nelson dives into the details of this case, touching on the timing of the charges and possible restitution for its victims.

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Why the Crypto Bear Market Isn’t Over Yet

Trade The Chain Director of Research Nick Mancini shares his bitcoin price outlook following an extreme downturn in the crypto markets throughout June, explaining why he anticipates continued bearish sentiment throughout July.

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BTC Trades Down 40% In June, AUM Across Digital-Asset Investment Products Falls 36%

June of 2022 is shaping up to be bitcoin's worst month, according to data going back to 2013, trading down 40% this month, while digital asset market capitalization has dropped 70% since last November, according to JP Morgan. Plus, a look at CryptoCompare data on digital asset investment products as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.“

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Grayscale Sues SEC Over Bitcoin ETF Application Rejection

Grayscale Investments is filing a lawsuit against the U.S. Securities and Exchange Commission (SEC) after the regulatory agency rejected its application to convert its Grayscale Bitcoin Trust product to a bitcoin spot ETF. “The Hash” group discusses GBTC’s importance for investors in the crypto market and the approval of bitcoin spot ETFs in other countries.

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Crypto Dominoes: Genesis Suffers Ginormous Loss From 3AC Exposure

As the collapse of Three Arrows Capital sends shockwaves across the crypto lending industry, cryptocurrency market maker Genesis Trading is facing potential losses into the “hundreds of millions.” “The Hash” group discusses what this means for the broader digital asset ecosystem and draws similarities with the 2008 financial crisis.

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3AC Contagion Fears; Saylor Buys More Bitcoin

Three Arrows Capital reportedly told to liquidate while market contagion fears grow. Microstrategy buys another $10 million worth of bitcoin. N. Korea suspected of $100 million Harmony Horizon hack. India’s 1% tax deducted at source on crypto transactions starts tomorrow. K-pop metaverse artists log in to mainstream popularity. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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DYdX Founder on Building a Standalone Blockchain

DYdX Founder & CEO Antonio Juliano discusses the decline in trading volumes amid the market downturn, noting it’s a time to build. Juliano explains why his platform is ambitious about developing its standalone blockchain while touching on liquidity issues across the sector.

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