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Zack Seward

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.

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Data Shows Huobi Suffers $60M Token Outflows in a Day, Huobi Announces Major Layoffs

Crypto exchange Huobi saw turbulent trading in its HT token during Asian daytime hours after it confirmed a 20% staff reduction. The exchange has experienced outflows of $64 million in the past 24 hours, according to Nansen. "The Hash" group shares their hot takes on Huobi's latest development and other top stories of the day.

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Silvergate Shares Plummet Amid Over $8B in Withdrawals, Hackers Stole High-Value NFTs From Prominent Web3 Builders

"The Hash" group discusses today's top stories: Crypto bank Silvergate Capital stocks have taken a free fall this morning, down over 46% as the firm racing to cover $8.1 billion in withdrawals during the crypto meltdown; the TON Foundation aims to solve large-scale data storage problems by launching Ton Storage project. Plus, two Web3 builders have lost NFTs estimated to have been worth hundreds of thousands of dollars to scammers.

The Hash

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Genesis' CEO Tells Clients It Needs More Time to Sort Out Finances; What's Next for Sam Bankman-Fried?

"The Hash" panel discusses the top stories shaping the crypto markets today, including the interim CEO of Genesis Global Trading telling clients the cryptocurrency brokerage and lender needs more time to sort out its tricky financial position. Genesis and CoinDesk are both owned by parent company Digital Currency Group. Plus, a closer look at the road ahead for former FTX CEO Sam Bankman-Fried's legal proceedings as a tentative trial date of Oct. 2.

The Hash

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Sam Bankman-Fried's Upcoming Court Appearance; Solana Surges Amid Rising Interest for Dog Coin Bonk

Former FTX CEO Sam Bankman-Fried is set to appear in person at a Manhattan federal court this afternoon. The Wall Street Journal reports that the disgraced crypto exchange founder will likely plead not guilty to fraud at his arraignment. Plus, a closer look at why solana (SOL) is climbing, while other cryptos like bitcoin (BTC) and ether (ETH), were little changed following a flat weekend.

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Vitalik Buterin Tweets Support of Solana; Cathie Wood Doubles Down on Coinbase

Solana’s native token SOL is rebounding off its Thursday lows, after Ethereum co-founder Vitalik Buterin tweeted support for the blockchain most battered by FTX’s implosion. Plus, ARK Invest, a technology and fintech firm run by Cathie Wood, made its largest investment in Coinbase (COIN) stock since Dec. 14 on Thursday, adding about $5.5 million of the shares, based on closing prices.

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