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Crypto Investor Jitters Linger Amid Silvergate Turmoil; ConsenSys to Roll Out zkEVM Public Testnet
"The Hash" team discusses the crypto market reaction to a growing group of crypto firms ending its relationship with Silvergate. Plus, ConsenSys, a top software firm working on the Ethereum blockchain, is rolling out a zero-knowledge Ethereum Virtual Machine (zkEVM) public testnet on March 28, intensifying the race among top crypto firms to be first to go fully live with the fast-emerging technology.
Senators Reportedly Claim Binance Is a 'Hotbed of Illegal Financial Activity'; Silvergate's Stock Plunges
Three U.S. senators have written to Binance, the world's largest crypto exchange, asking for details about its money-laundering controls and accusing Binance of being a "hotbed of illegal financial activity," according to a Wall Street Journal report. Plus, a closer look at why shares of crypto-friendly lender Silvergate Capital are plunging.
Tensions Go Public Between Aptos and Sui Blockchains; Coinbase CEO on US Crypto Regulations
Tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project. Plus, "The Hash" hosts discuss Coinbase CEO Brian Armstrong's latest opinion piece published on CNBC. The crypto exchange executive explains how the U.S. can strengthen its status as a geopolitical powerhouse.
Metaverse Token Gamium Surges; Robinhood Received Crypto-Related Subpoena Request From SEC
"The Hash" panel discusses the top headlines shaping the crypto industry today, including a closer look at why metaverse project Gamium’s native token GMM is climbing after the project announced deals with social media giant Meta Platforms and telecommunications firm Telefonica. Separately, a 10-K filing reveals that Robinhood Markets received an investigative subpoena from the U.S. Securities and Exchange Commission regarding its crypto operations shortly after the FTX crypto exchange filed for bankruptcy protection in November.
Goerli Ether Surged Over the Weekend; Allure of Bitcoin Ordinals Drives Crypto Funds to Stacks
"The Hash" team discusses why Goerli ether's (gETH) price spiked to over $1.60 during the weekend. These tokens are a testnet version of actual ether for developers to simulate transactions, smart contacts, and other activities prior to deploying on the Ethereum mainnet. This means the tokens are supposed to be free – issued simply for testnet developers. Plus, a closer look at why crypto investment funds are turning to tokens of the Stacks Network as they bet on the growth of Bitcoin.
Outlining the Global Standards for Crypto; Reaction After Coinbase Starts Layer 2 Network Base
"The Hash" team weighs in on today's top stories, including the Financial Action Task Force agreeing on an action plan to drive the "timely implementation" of its global standards for crypto. Plus, Base Protocol’s BASE tokens jumped, then dumped, in the past 24 hours following an announcement by crypto exchange Coinbase about the launch of its layer 2 blockchain Base.