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Justin Sun Says HTX, Poloniex Assets Are Safe After Hack; Donald Trump Releases New NFTs
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto headlines today, including Justin Sun telling CoinDesk that assets held on HTX and Poloniex are “100% safe” after last month’s hack that saw more than $200 million siphoned out of both exchanges. Donald Trump announces a new $99 NFT collection. And, Su Zhu, a co-founder of failed crypto hedge fund Three Arrows Capital (3AC), reportedly faces a line of questioning in a Singapore court.
Worldcoin Announces Protocol Update With Digital Passport
Tiago Sada, head of product at Tools for Humanity, the company behind Worldcoin, joins "First Mover" with insights on the World ID 2.0 protocol update that includes integrations with tech firms and a new verification system for a "digital passport."
Worldcoin Unveils Major Expansion to Its Eye-Scanning Identity Platform
Worldcoin, the crypto startup co-founded by Open AI CEO Sam Altman, announced a major update to its eye-scanning identity platform, including integrations with major tech firms and a new verification system for the World ID "digital passport." Tiago Sada, head of product at Tools for Humanity, discusses the significance of this 'humanness' update and the problem the company is trying to solve.
Why Robinhood Is Expanding Its Crypto Service to Europe
Popular U.S.-based brokerage platform Robinhood (HOOD) announced last week that it started letting customers in the European Union (EU) trade crypto, hailing the region's comprehensive digital asset rules. Robinhood Crypto General Manager Johann Kerbrat joins "First Mover" to discuss the rollout, along with the state of crypto regulation in Europe compared to the U.S.
Jack Dorsey's Block Launches Self-Custody Bitcoin Wallet Globally
Last week, Jack Dorsey's fintech company Block (SQ) unveiled its self-custody bitcoin wallet Bitkey for pre-order in more than 95 countries. Block Bitcoin Wallet Lead Max Guise joins "First Mover" to discuss the significance of the launch, along with his thoughts about online privacy and self-custody. Plus, a closer look at how bitcoin transaction among wallets could improve.
Cathie Wood's ARK Invest Sells Nearly $13M Worth of GBTC
Earlier this week, Cathie Wood's ARK Invest sold around $12.85 million worth of Grayscale Bitcoin Trust (GBTC) shares from its Next Generation Internet (ARKW) exchange-traded fund (ETF), the biggest sale in more than a year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin, Ether Take Sharp Dive Over Past Two Days; KuCoin to Pay $22M
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including new CoinDesk Indices data on how bitcoin (BTC) and ether (ETH) are performing this week. Crypto exchange KuCoin will pay a $22 million settlement and terminate access for users in New York state. Plus, El Salvador’s Bitcoin bonds inch closer to reality.
Crypto's Role in the Upcoming U.S. Presidential Election
Presidential candidates Vivek Ramaswamy, Rep. Dean Phillips (D-Minn.) and former Arkansas Gov. Asa Hutchinson share their views on digital asset regulation at the first bipartisan crypto presidential candidate forum, organized by the Stand with Crypto Alliance. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De shares some of the highlights.
Here's What U.S. Presidential Candidates Are Saying About Crypto
With the 2024 U.S. presidential election less than a year away, candidates Vivek Ramaswamy, Rep. Dean Phillips (D-Minn.) and former Arkansas Gov. Asa Hutchinson spoke at the first bipartisan crypto presidential candidate forum organized by the Stand with Crypto Alliance at St. Anselm College in Manchester, NH. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the highlights.
Bitcoin Below $42K After Posting Worst Daily Drawdown Since August
Bitcoin (BTC) is trading under $42,000, after suffering its steepest daily drawdown in almost four months on Monday. The decline wiped out over $520 million in leveraged trading positions on the crypto derivatives market, predominantly longs betting on rising prices, CoinGlass data shows. WonderFi CEO and President Dean Skurka shares his crypto market expectations for 2024.