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Binance Mixed Crypto Exchange's Customer Funds With B-Token Collateral By Mistake: Bloomberg
Binance, the world’s largest crypto exchange by trading volume, mistakenly kept collateral for some of the crypto assets it issues in the same wallet as funds belonging to its customers, Bloomberg reported Tuesday, citing an unidentified Binance spokesperson. "The Hash" panel discusses the details of the report and what it means for Binance as crypto exchanges face increased scrutiny after FTX's collapse.
Binance Processed $346M Worth of Bitcoin Trades for Bitzlato: Reuters
Binance, the world's largest crypto exchange by trading volume, processed $345.8 million worth of bitcoin (BTC) transactions for crypto exchange Bitzlato, Reuters reported Tuesday, citing data by blockchain research firm Chainalysis. "The Hash" panel discusses the latest developments after Bitzlato's founder was recently arrested in Miami.
Web3 Social Wallet Tribes Founded by Former Coinbase Engineer Raises $3.3M
Tribes, a new Web3-native messaging and group wallet app founded by a former Coinbase engineer, has raised $3.3 million in a pre-seed funding round led by Kindred Ventures, South Park Commons and Script Capital. "The Hash" panel discusses the latest from Tribes and the outlook for Web3.
Layer 1 Blockchain Aptos’ APT Token Price Doubles in Two Weeks
Layer 1 blockchain Aptos’ APT token is jumping in the last 14 days, even as the broader crypto market grapples with bankruptcies, lawsuits and a decline in overall sentiment. "The Hash" panel discusses the potential factors driving the rally and the state of the broader digital asset space.
Cardano Network Recovers After Short-Lived Node Outage
The Cardano network had a brief outage on Sunday that was automatically fixed within minutes with no singular root cause determined as of writing time, developers wrote in a GitHub post. Cardano’s native ADA token is up nominally in the past 24 hours. "The Hash" panel discusses what this suggests about the resilience of Cardano.
Brazil and Argentina to Discuss Possible Common Currency, Coinbase CEO Suggests Move to Bitcoin
As officials from Brazil and Argentina are considering the development of a potential common currency, Coinbase CEO Brian Armstrong suggested on Twitter, "if they would consider moving to Bitcoin," adding that would "probably be the right long term bet." "The Hash" hosts discuss the potential currency plan and the prospects of integrating crypto.
Crypto Exchange Huobi Confirms Justin Sun as Leader
Singapore-based exchange Huobi confirmed Thursday that Tron founder Justin Sun is not just a member of the Global Advisory Board, but is leading the exchange. The exchange also addressed concerns of so-called rat trading. "The Hash" panel discusses what this means for Huobi amid lingering crypto winter concerns.
Cameron Winklevoss Threatens to Sue DCG After Genesis Files for Bankruptcy
"The Hash" panel reacts to Gemini CEO Cameron Winklevoss threatening legal action against Digital Currency Group CEO Barry Silbert and DCG over the repayment of a $900 million loan. This came minutes after Genesis filed for Chapter 11 late Thursday night in New York. DCG is the parent company of CoinDesk and Genesis.
Bankrupt Crypto Lender Genesis Claims $5.1B in Liabilities
Crypto lending firm Genesis held $5.1 billion in liabilities in the weeks following its freeze on withdrawals last November, according to court documents signed by interim CEO Derar Islim. This comes as three of the institutional crypto brokerage's entities filed for Chapter 11 protection late Thursday. "The Hash" panel discusses the latest in Genesis' bankruptcy. DCG is the parent company of CoinDesk and Genesis.
Ethereum Development Company Flashbots Reportedly Seeks to Raise $50M, Eyes Unicorn Status
Ethereum research and development firm Flashbots is in discussions over a potential fundraise of up to $50 million and could reach unicorn status, according to a report by The Block. "The Hash" panel discusses what this means for the Ethereum community.