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Cat-Themed Memecoins Soar; India Supreme Court's YouTube Hacked to Promote XRP

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as cat-themed tokens saw gains after the U.S. Federal Reserve cut rates by 50 basis points. Plus, the YouTube page of India’s Supreme Court was hacked to promote XRP, and SocGen's crypto unit will roll out its euro stablecoin on the Solana blockchain.

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Finance

YouTube Page of India's Supreme Court Hacked to Promote XRP

The channel streams hearings of notable court cases but temporarily showed promotional videos of XRP and Ripple Labs before being taken down.

Supreme Court of India. (Shutterstock)

Videos

Ethereum's 'Next Wave' of Adoption Is Coming: Optimism Unlimited Chief Growth Officer

Optimism Unlimited Ltd. Chief Growth Officer Ryan Wyatt, who previously worked at Polygon Labs and YouTube, discusses his new role at an operating subsidiary of the Optimism Foundation. Wyatt discusses Optimism's competitive advantages against other layer 2 blockchains in the Ethereum ecosystem, along with possible partnership plans and insights into the future of decentralized Web3 gaming.

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Videos

YouTube Metrics Help Time Crypto Markets: Delphi Digital

Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends, according to data tracked by Delphi Digital. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

Can You Use Crypto YouTube Channels to Time the Market? Yes, Says Delphi

Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends.

YouTube, laptop, notebook (TymonOziemblewski/Pixabay)

Videos

Logan Paul Named in Proposed Class Action Suit for CryptoZoo ‘Rug Pull’

YouTube star and professional wrestler Logan Paul has been named in a proposed class-action lawsuit over Non-fungible tokens (NFTs) sales for a project Paul promoted called CryptoZoo, which never materialized. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the project and the reports from YouTube journalist "CoffeeZilla."

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Videos

Crypto.com CEO Dismisses Balance Sheet Concerns

In a live question session hosted on YouTube, Kris Marszalek, CEO of crypto exchange Crypto.com, said the company’s balance sheet is strong and its exposure to FTX was limited to $10 million, down from a possible $1 billion in business the two exchanges previously had together. "The Hash" panel discusses the outlook for Crypto.com amid FTX contagion fears.

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Opinion

BitBoy Lost His Lawsuit the Instant He Filed It

The YouTube cryptocurrency promoter is only drawing more attention to the pump and dump-filled oeuvre he'd rather suppress.

Sometimes even the best-laid plans backfire. (Warner Bros.)

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