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Deribit Exec Addresses the Flurry of Recent Exploits in Crypto Industry
"It seems to almost be the cost of doing business nowadays," says Deribit's chief commercial officer following a $28 million hot wallet hack on its platform. He discusses the growing problem of hacks in the crypto space.
Singapore Regulator Grants Licenses to Stablecoin Issuers Circle and Paxos
The Monetary Authority of Singapore (MAS) has granted stablecoin issuer Circle an in-principle license that allows it to operate as a payments company in the country. Circle received its approval the same day fellow stablecoin issuer Paxos received its own license. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the significance for the regulatory framework in Singapore.
Dogecoin and Meme Tokens Are in Season in India
Dogecoin has been on the rise since Elon Musk's official takeover of Twitter. "DOGE is still probably the top traded crypto in India right now," says WazirX co-founder Nischal Shetty. He discusses the growing trend of meme tokens in India.
$40M in Insurance 'Will Not Be Touched' to Recover Lost Funds in Hot Wallet Hack: Deribit Exec
A hacker drained $28 million from Deribit's hot wallet. Deribit Chief Commercial Officer Luuk Strijers shares insights into Deribit's reserves and how the cryptocurrency options and futures exchange plans to cover the losses.
WazirX Exec on Future of Crypto Regulation in India
WazirX and Shardeum co-founder Nischal Shetty discusses the current state of crypto in India and why framing global crypto regulation is a priority as the nation prepares to take over the G-20 group presidency next month.
Blockchain Startup Shardeum Raises $18M in Seed Funding
Shardeum, a layer 1 blockchain co-founded by WazirX co-founder Nischal Shetty, has raised $18.2 million in a seed funding round from more than 50 investors. Nischal Shetty joins "First Mover" to discuss the details and whether they are in competition with the BNB Chain.
Deribit Exec on $28M Hot Wallet Hack
Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million drained from its hot wallet. Deribit Chief Commercial Officer Luuk Strijers discusses the details so far and the growing problem of crypto hacks on the rise.
Bitcoin Trading Flat Above $20K Ahead of Fed’s Interest Rate Decision
Bitcoin (BTC) is holding its ground above the $20,000 threshold as investors await another key interest rate decision from the U.S. Federal Reserve. WazirX co-founder Nischal Shetty discusses his outlook on the markets and the state of crypto in India. Plus, details on his blockchain startup Shardeum raising $18 million in seed funding.
Twitter Bot Issue Goes Beyond People Trying to Pump Coins: Binance Exec
Binance Chief Strategy Officer Patrick Hillmann addresses Twitter's bot issue, saying "these AI bots are out there ruining our reputation as an industry." He also discusses the future of Twitter under Elon Musk.
Binance Aims to Be Twitter's 'Strategic Partner on All Things Web3': Binance CSO
Binance Chief Strategy Officer Patrick Hillmann says the crypto exchange, which invested $500 million in Elon Musk's Twitter, aims to be the strategic partner on all things Web3. "We would be that critical partner along with every single step of the innovation process."