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The developer behind bald (BALD), one of the most viral tokens in recent months, transferred around $12 million in ether (ETH) back to the Ethereum network. This comes weeks after bald ran up to an $80 million capitalization before some actions caused prices to plunge 90%. "The Hash" panel breaks down the latest developments.

Aug 14, 2023

Hermine Wong, former Coinbase head of policy and current principal at herminewong.xyz, weighs in on FTX founder Sam Bankman-Fried being sent to jail ahead of his trial in October. "I don't think that we're going to pretend here that Sam Bankman-Fried is acting in a manner that the general public, or anyone, would consider to be rational," Wong added.

Aug 14, 2023

Bitcoin (BTC) is trading flat near the $29,300 level as investors react to the news that FTX founder Sam Bankman-Fried was sent to jail ahead of his October trial over attempts to tamper with witnesses. Ethena head of research & data Conor Ryder discusses the lack of price action in bitcoin and ether. Plus, insights on traders' interests in meme coins and a potential stablecoin race as fintech giant PayPal releases its dollar-pegged stablecoin PYUSD.

Aug 14, 2023

MakerDAO founder Rune Christensen joins "First Mover" to discuss the main issues surrounding coordination within DAOs and his "Endgame" plan to "decentralize the broken financial system & replace it with a system that benefits everyone." Plus, insights on MakerDAO paving the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital.

Aug 14, 2023

A federal judge revoked Sam Bankman-Fried's bond release, saying the FTX founder appears to have "attempted to tamper with witnesses." Hermine Wong, former Coinbase head of policy and current principal at herminewong.xyz, joins "First Mover" with her reaction to Bankman-Fried's bond revocation. Plus, her outlook on crypto adoption as the industry is plagued with negative headlines.

Aug 14, 2023

FTX founder Sam Bankman-Fried was sent to jail ahead of his October trial after a federal judge revoked his bond last Friday, saying the former crypto heavyweight appears to have tried to tamper with witnesses. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down Judge Lewis Kaplan's conclusion at the hearing and the response from Bankman-Fried's defense team.

Aug 14, 2023

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the SEC pushes its review of the Ark 21Shares bitcoin ETF application. Sources tell CoinDesk beleaguered crypto custodian Prime Trust could face layoffs. A new report reveals the potential impact of PayPal's stablecoin debut. And, FTX founder Sam Bankman-Fried heads to court, as a judge could decide if he should be sent back to jail ahead of his trial.

Aug 11, 2023

Crypto-services provider Matrixport's Bitcoin Greed & Fear Index, which has a solid track record of marking trend reversals, is signaling a bull revival in bitcoin (BTC). This comes as bitcoin has been listless, trading between $28,000 and $30,000 over the last two weeks. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Aug 11, 2023

The launch of PayPal’s (PYPL) stablecoin PayPal USD (PYUSD) will drive payments efficiencies and an improved customer experience, but adoption of the cryptocurrency is unlikely to be significant in the near term, Bank of America said in a research report on Thursday. "The Hash" panel discusses the outlook for PYUSD and why this is a project to watch.

Aug 11, 2023

The U.S. Securities and Exchange Commission (SEC) extended its review of the Ark 21Shares bitcoin exchange-traded fund (ETF) application, as it continues to look at over a dozen applications from traditional finance heavyweights like BlackRock and Fidelity. "The Hash" panel discusses the latest in the U.S. spot bitcoin ETF race.

Aug 11, 2023