FM Clip

Bitcoin (BTC) is trading down for a fifth straight day, the longest run since falling over six consecutive days in August last year. OANDA Senior Market Analyst of The Americas Edward Moya discusses his BTC outlook and the impact of macroeconomic factors on the crypto markets, noting the recent January jobs report data.

Feb 6, 2023

Alleged Mango Markets manipulator Avraham Eisenberg is working to negotiate bail following his first hearing in U.S. District Court in New York. McMillan LLP Partner Benjamin Bathgate explains the legal implications for DAOs going forward.

Feb 3, 2023

The Catawba Nation, a Native American tribe in South Carolina, recently passed a regulation that enables DAOs to register and be recognized as legal entities within the zone. Joseph McKinney, CEO of Catawba Digital Economic Zone, says, "code is not law, law is law here." Plus, he discusses why they are opening up to DAOs.

Feb 3, 2023

Banking startup LevelField is aiming to become the first FDIC-insured bank to offer digital asset services following its acquisition of Burling Bank. CEO Gene Grant II explains how crypto transactions will be protected, saying, "we're going to be very careful to do to make sure that our customers are not mistakenly led to believe that their digital assets ... are covered by FDIC insurance."

Feb 3, 2023

YouTube star and professional wrestler Logan Paul has been named in a proposed class-action lawsuit over Non-fungible tokens (NFTs) sales for a project Paul promoted called CryptoZoo, which never materialized. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the project and the reports from YouTube journalist "CoffeeZilla."

Feb 3, 2023

The U.S. economy added 517,000 jobs in January, handily beating analysts' expectations. Wave Financial Co-Founder and CEO David Siemer reacts to the positive economic development but adds, "there's still a recession coming."

Feb 3, 2023

Counsel for former FTX CEO Sam Bankman-Fried is currently in talks with U.S. prosecutors to “resolve the outstanding issues related to Bankman-Fried’s bail conditions,” according to a court filing. Meanwhile, Proposals to subpoena FTX founder Sam Bankman-Fried, his immediate family and senior staff of the bankrupt crypto exchange have been opposed by the U.S. Trustee. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the latest on Sam Bankman-Fried and FTX's hearings.

Feb 3, 2023

The Catawba Nation, a Native American Tribe in South Carolina, is building a special economic zone specifically for crypto, recently passing regulation that enables DAOs to register and be recognized as legal entities within the Catawba Digital Economic Zone (CDEZ). Joseph McKinney, CEO of Catawba Digital Economic Zone, shares insights into the initiative and the group's crypto ambitions.

Feb 3, 2023

Banking startup LevelField is aiming to become the first FDIC-insured bank to offer digital asset services following its acquisition of Burling Bank. LevelField Financial CEO and Founder Gene Grant II discusses their offerings of cryptocurrency-related services. Plus, the significance of educating the clients on the risk of crypto transactions since it's an asset class that remains uninsured even if LevelField becomes an FDIC-insured bank.

Feb 3, 2023

Mango Markets crypto trader and alleged manipulator Avraham Eisenberg is working to negotiate bail and will stay in jail until at least Feb. 14. McMillan LLP Partner Benjamin Bathgate discusses the latest legal developments after Eisenberg has publicly admitted to draining $116 million from the crypto exchange.

Feb 3, 2023