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PayPal Is Launching Its Own U.S. Dollar-Pegged Stablecoin

PayPal (PYPL) announced the global payments giant is issuing its own U.S. dollar-pegged stablecoin. The Ethereum-based token will soon be available to PayPal U.s. users and is the first time a major financial company is issuing its own stablecoin. "The Hash" panel weighs in on PayPal's latest move into the realm of crypto.

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Could FTX's Sam Bankman-Fried Go to Jail Ahead of His Trial?

Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and therefore he should be "detained pending trial," according to the latest filing from the U.S. Department of Justice. "The Hash" panel weighs in on the legal road ahead for the disgraced FTX founder.

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Curve Exploiter Starts Returning Some Stolen Crypto, Raising Hope for Recovery

The exploiter responsible for draining $61 million assets held on decentralized exchange Curve Finance has returned some of the stolen crypto after engaging in talks with one of the victims on Friday, blockchain data shows. "The Hash" panel discusses what this means for the future of DeFi as anxious investors yanked out assets as a precaution.

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Miami Mayor Francis Suarez: I've 'Never Been a Fan' of CBDCs

Miami Mayor and Republican presidential candidate Francis Suarez joins "The Hash" to discuss his thoughts on Florida Governor Ron DeSantis' proposal to ban central bank digital currencies (CBDCs) if elected president. "Nobody wants the Federal government or any government knowing where you have your money...it's a violation of our rights of privacy," Mayor Suarez said.

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Miami Mayor Francis Suarez on Accepting Bitcoin Donations, Concerns Over CBDCs

Bitcoin and crypto have become unexpected talking points on the U.S. Presidential campaign trail. Miami Mayor Francis Suarez joins "The Hash" panel with an update on his Presidential bid and accepting bitcoin donations for his campaign. Plus, how Suarez plans to "set the ground rules" for the crypto industry if elected and why he's "never been a fan" of central bank digital currencies (CBDCs).

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Husband of 'Razzlekhan' Admits to Being Bitfinex Hacker: CNBC

New York resident Ilya Lichtenstein, who is the husband of Heather "Razzlekhan" Morgan, revealed himself as the hacker who executed an multi-million-dollar exploit of crypto exchange Bitfinex in 2016 while pleading guilty to money laundering conspiracy charges during his court appearance. "The Hash" panel shares their reactions to the latest developments.

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Patreon Temporarily Halts Payouts After 'Issue' With Payoneer System on Platform

Patreon, a subscription-based platform that connects content creators with their supporters, said that it has identified an issue with its Payoneer payouts system and has temporarily disabled payouts to creators. "The Hash" panel discusses the latest details regarding the incident and whether it could be resolved with the adoption of crypto technology.

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Twitter Bots Pumped Alameda-Linked Tokens After FTX Listing: Report

According to a report from Network Contagion Research Institute (NCRI), five tokens linked to Alameda Research, including BOBA, GALA, IMX, RNDR, and SPELL, were pumped by a legion of Twitter bots after FTX listed them. "The Hash" discusses the surge in the tokens' price and what this could mean for the ongoing FTX bankruptcy case.

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Coinbase's Layer 2 Blockchain 'Base' Opens to the Public on Aug. 9

Coinbase (COIN) announced that its layer-2 blockchain named Base will be open to the public next week. Built with Optimism's OP Stack, Base went live for developers in July for testing and users will be able to bridge their ether (ETH) to the blockchain on Thursday. "The Hash" panel weighs in on the new development at the crypto exchange.

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Aave Should Block Curve Token Borrowing, Risk Management Firm Argues

Risk management firm Gauntlet posted a proposal to Aave community members, suggesting the ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing borrowing activity. "The Hash" panel weighs in on the aftermath of the Curve Finance exploit that has put the entire DeFi ecosystem under stress since Sunday.

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