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Layer 1 Sei Mainnet Goes Live After Testnet Sees More Than 7.5M Wallets Created
Sei Labs, the company behind layer 1 blockchain Sei, has announced that its mainnet is now live after a successful testnet phase. Jay Jog, co-founder of Sei Labs, joins "First Mover" to discuss the launch and how Sei plans to improve user experience through infrastructure building.
Crypto Markets Are 'Dead Out There' Despite Russian Ruble and Argentinian Peso Crash: VanEck Analyst
Perceived safe havens like bitcoin and gold are struggling to gain upside traction, even as signs of cracks in the global market begin to appear in the form of volatility in the fiat currencies of distressed nations. VanEck head of digital assets research Matthew Sigel discuss the crypto markets' lack of enthusiasm. Plus, why institutional interest from across the globe is significant for crypto's long-term growth.
Crypto Outlook as Argentina Devalues Peso by 18% After Surprise Primary Election Result
The Argentinian peso plunged earlier this week, after the government devalued its currency by nearly 18% and a libertarian candidate who has advocated for the elimination of the central bank and spoken favorably of Bitcoin won the primary presidential election in the country. Ripio founder and CEO Sebastian Serrano joins "First Mover" to discuss the surprising election results and rising inflation in Argentina.
Crypto Custodian BitGo Raises $100M Nearly Two Months After Scrapping Prime Trust Deal: Bloomberg
According to a new report from Bloomberg, BitGo has raised $100 million at a valuation of $1.75 billion. This comes nearly two months after the crypto custodian canceled its plans to acquire rival Prime Trust. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss BitGo's new funding after Prime Trust filed for bankruptcy. Plus, their outlook on some of the billion-dollar valuations within the crypto industry.
Prosecutors Lob New Allegations at FTX's Sam Bankman-Fried; Europe's First Spot Bitcoin ETF
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Jacobi Asset Management lists Europe's first spot bitcoin exchange-traded fund (ETF). Crypto custodian Prime Trust filed for Chapter 11 bankruptcy protection. And, federal prosecutors are claiming that FTX founder Sam Bankman-Fried used more than $100 million of customer funds for political donations.
Computing, DeFi Sectors Lead CoinDesk Market Index This Week
The crypto market is little-changed this week, with the CoinDesk Market Index up 1.1%. While the markets remain stagnant, computing and DeFi sectors are up 3.2% and 3.1% respectively, with THORChain, Hashflow and SushiSwap as top performers. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bankrupt Crypto Lender Celsius to Poll Customers on New User-Owned Company Plan: Report
Bloomberg is reporting that Celsius was granted permission by a judge to begin polling account holders on its plan to restart as a new user-owned company. "The Hash" panel discusses the bankrupt crypto lender's latest attempt to repay customers.
Coinbase Expands Crypto Services Into Canada
Coinbase is expanding its crypto services to Canada. This comes after the exchange praised the country's approach to crypto, compared with the U.S.’s lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the state of crypto in the land of the maple leaf.
Who Is the Pro-Bitcoin Candidate That Just Won Argentina's Presidential Primary?
Javier Milei, a libertarian candidate who has advocated for the elimination of the central bank and spoken favorably of Bitcoin (BTC), won the primary presidential election in Argentina. "The Hash" panel weighs in on the country's recent financial conditions and whether cryptocurrency could provide a solution to rising inflation.
Europe Beats U.S. for First Spot Bitcoin ETF Launch
Europe's first spot bitcoin exchange-traded fund (ETF) is now listed on Euronext Amsterdam by London-based Jacobi Asset Management. "The Hash" weighs in on the latest wave of spot bitcoin ETF applications in the U.S., along with the environmental concerns surrounding bitcoin.