FM Clip

CrossTower Co-Founder and CEO Kapil Rathi discusses his crypto markets analysis and outlook as bitcoin crosses $24,000 and Wall Street looks to build on three weeks of gains for S&P 500. Plus, his take on the ongoing Binance, WazirX dispute.

Aug 8, 2022

Tron Founder Justin Sun discusses his support for Ethereum's proof-of-work (PoW) hard fork as the blockchain is expected to transition to a proof-of-stake consensus mechanism, an event known as The Merge. Plus, how Tron-based algorithmic stablecoin USDD will become the "first stablecoin in the EthereumPOW ecosystem" and thoughts on crypto winter.

Aug 8, 2022

Neutrino USD (USDN), an algorithmic stablecoin of the Waves ecosystem, lost its U.S. dollar peg 38 times since 2020. Waves Founder and Lead Developer Sasha Ivanov addresses the criticisms surrounding algorithmic stablecoins, discussing the “drastic” difference between Terra’s UST and USDN.

Aug 5, 2022

A report by the Labor Department on Friday showed U.S. employers added 528,000 jobs, exceeding economists’ average estimate, with the unemployment rate remaining at 3.5%. Bitcoin’s price fell modestly following the report. Hxro co-founder & CEO Dan Gunsberg discusses what this means for crypto and whether bitcoin has bottomed out.

Aug 5, 2022

Congresswoman Maxine Waters (D-Calif.), chairwoman of the House Committee on Financial Services, alongside several other House democrats on the committee, wrote to the 20 largest crypto companies operating in the U.S. requesting details on their diversity and inclusion practices. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

Aug 5, 2022

A CoinDesk investigation revealed how the Macalinao brothers used a web of bogus identities to create the illusion of a developer community, juicing value on the Saber protocol and Solana blockchain. CoinDesk Deputy Managing Editor Tracy Wang discusses the key takeaways and the impact on the future of DeFi.

Aug 5, 2022

Ether (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen discusses the potential factors behind the ETH rally and its impact on the overall markets. “I think Ethereum could definitely be a silver lining here,” Allen said.

Aug 4, 2022

Approximately 8,000 crypto wallets were hacked Tuesday with at least $5 million worth of Solana-based tokens drained from unsuspecting users. Ledger Enterprises Global Head Alex Zinder weighs in on the exploit and how Ledger protects its customers. “Security is really the precursor to mass adoption and scalability,” Zinder said.

Aug 4, 2022

A bipartisan group of U.S. lawmakers are proposing a bill identical to a proposed amendment they submitted last year, that would clarify the definition of a "broker" in a 2021 infrastructure law imposing new crypto tax reporting requirements. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

Aug 4, 2022

Michael Saylor, one of the most prominent bitcoin backers in corporate America, handed the chief executive officer role at MicroStrategy (MSTR) to a deputy and became executive chairman, putting his focus exclusively on managing the firm's bitcoin investment. This comes after MicroStrategy took a $918 million loss from its bitcoin holdings. IDX Digital Assets CIO Ben McMillan discusses the outlook for MicroStrategy and Saylor's bitcoin advocacy.

Aug 3, 2022