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Bitcoin Below $19K After Trading Flat for the Past Week
Bitcoin (BTC) dipped below an important threshold of $19,000 after trading flat for the past week. ARK36 chairman and founder Mikkel Morch joins “First Mover” to discuss the token’s low volatility and a potential bottom.
Web3 Developers More Active Than Ever Despite Crypto Winter: Alchemy
The number of smart contracts deployed on Ethereum has increased by 40% since the end of Q1, despite a 60% price plunge this year, according to Web3 development platform Alchemy. Alchemy Head of Growth Jason Shah shares insights into the report and what it reveals about building in Web3 amid crypto winter.
South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.
UK’s New Legal Measures to Outlaw Unregulated Crypto
The U.K. government has introduced new legal measures that would regulate crypto ads and ban unauthorized crypto providers from offering services. CoinDesk Regulatory Reporter Jack Schickler discusses what this means for the crypto industry. Plus, the impact of Liz Truss' resignation on the broader market.
Algorithmic Stablecoins Could Work: Merkle Science Co-Founder
In the aftermath of the crash of TerraUSD (UST), Merkle Science co-founder and CEO Mriganka Pattnaik discusses the future of algorithmic stablecoins, saying "they could make sense in the future. We'd need a smarter ... more ethical version of Do Kwon."
"Ethereum Killers" Could Take Decades to Die Away: Paul Brody
Ernst & Young Principal Paul Brody discusses the outlook for Ethereum's challengers and DeFi at large amid an increasing ecosystem dominance of the Ethereum blockchain. "Even after the winner is clearly visible, the losers take a long time to die away ... it could go on for decades," Brody said.
Sam Bankman-Fried Suggests Bounty Cap for White Hat Hackers
FTX CEO Sam Bankman-Fried floated a plan for reducing the impact of security breaches and hacks in crypto. In a recent tweet thread and blog post, the billionaire suggested a plan for a "community standard" that requires attackers to return the vast majority of assets.
Analyst Reveals 'First Pop of the Bubble' as Bitcoin Clings to $19K
Bruno Ramos de Sousa of Hashdex joins "First Mover" to discuss the drop in venture funding for startups in the third quarter and what it means for the crypto markets. "We had our first pop of the bubble ... but this is still not over," he added.
Ethereum Has a Dominant and Unassailable Position: Paul Brody
"There's always challengers to Ethereum, but the number one challenger keeps changing," says Paul Brody, Ernst & Young Principal & Global Innovation Leader. "None of them seem to be able to cross the threshold of more than...15% market share before at some point imploding." Brody also shares his thesis on the future of Ethereum.
Crypto Is Collateral Damage: Analyst
Following the resignation of U.K. Prime Minister Liz Truss, "we're going into developing country territory," says Hashex Head of New Markets Bruno Ramos de Sousa. "Crypto in the end is collateral damage ... it doesn't matter in the big scheme of things."