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Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals

Crypto exchange Binance said it has set up Lightning nodes on the Bitcoin network to eventually offer Lightning-based bitcoin deposit and withdrawal services to users, according to a tweet on Tuesday. "The Hash" panel discusses what this means for users after Binance said it would integrate the Lightning network back in May.

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Crypto Exchange EDX Markets Sets Up Shop With Bitcoin and Ether Offerings

EDX Markets, which has funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, announced it launched its digital asset market on Tuesday. Products traded on EDX will include bitcoin, ether, litecoin, and bitcoin cash.

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Alibaba Names Crypto Friendly Joseph Tsai as Next Chairman

Alibaba (NYSE: BABA) said on Tuesday that Joseph Tsai, one of its founders, will step into the role of Chairman come September. "The Hash" panel discusses what the leadership shuffle could mean after Tsai first announced his interest in the Web3 space in December 2021 with a short tweet: “I like Crypto.”

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Terra's Do Kwon Sentenced to 4 Months Jail By Montenegro Court

Terraform Labs founder Do Kwon has been sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. The South Korean national was arrested in the Balkan nation back in March for the alleged possession of falsified documents. The Hash" panel discusses the latest legal developments for Kwon, as both South Korean and U.S. authorities have requested his extradition to face criminal charges related to the collapse of the multi-billion dollar crypto enterprise Terra in May 2022.

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Following Second Arrest, Trump NFT Project Says 'NOW' Is Time to Claim Prizes

Just days after Donald Trump became the first U.S. president to be charged with federal crimes, his two-part non-fungible token (NFT) project, Trump Digital Collectible Cards, informed collectors that it was not letting his second arrest stop them from awarding prizes. "The Hash" panel shares their reactions.

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Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say

In an emergency cease-and-desist order, the Texas State Securities Board alleged that Abra has been insolvent since at least March 31, 2023. "The Hash" panel discusses the state securities regulators' allegations on the crypto lender.

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Binance Under Investigation in France for 'Aggravated' Money Laundering

Crypto exchange Binance's French unit is under investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering," according to the Paris public prosecutor's office. Separately, Binance is leaving the Netherlands, after failing to persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines. "The Hash" panel breaks down the latest developments.

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Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents

Stablecoin issuer Tether kept its funds in four banks, two investment management firms, two gold depositories, and a gold broker and on its own sister company Bitfinex in March 2021, according to documents obtained by CoinDesk. It also had funds in commercial paper issued by various entities. CoinDesk obtained the documents after a nearly two-year legal battle after Tether filed to block the NYAG from releasing them. In a statement, Tether said it “found it suspicious” that USDT depegged after millions of dollars’ worth were sold on decentralized finance pools “on the same day” that the New York government shared the documents with CoinDesk. "The Hash" panel weighs in on the documents.

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Web3 Gaming Enters A New Era: Quality over Speculation

Emphasizing a shift in the Web3 gaming sphere, Telos Foundation's Head of Business Development AJ Dinger explains, 'quality gameplay enjoyable gameplay first is starting to come to the fore.' Following years of market anticipation where NFT and token speculation dominated, Dinger highlights a critical turning point where gameplay quality and user engagement take center stage.

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GameStop Teams Up with The Telos Foundation to Grow Web3 Gaming Strategy

Leading game retailer GameStop (NYSE: GME) is teaming up with The Telos Foundation, the organization behind the layer 1 blockchain Telos, to expand its Web3 gaming offerings. AJ Dinger, Head of Business Development at The Telos Foundation, joins "The Hash" to discuss the partnership.

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