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Latest from William Foxley
Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents
"The Hash" hosts unpack today's top stories: Binance's French unit undergoes investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering". The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. Separately, crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday. Plus, new documents obtained by CoinDesk under a Freedom of Information Law request, offer a rare but limited window into the reserves behind USDT. And, the latest on former President Donald Trump's NFT project.

BlackRock Close to Filing for Bitcoin ETF Application; Telos Foundation Exec on Gamestop Partnership
"The Hash" hosts take a deep dive into today's hot topics in crypto: BlackRock, the world's biggest asset manager, is close to filing an application for a Bitcoin ETF, according to a CoinDesk source. The Hong Kong Monetary Authority put pressure on 3 major banks to take on crypto exchanges as clients, the Financial Times said. Apple (AAPL) has rejected the latest version of non-custodial Lightning-enabled bitcoin wallet Zeus, according to a tweet by Zeus founder Evan Kaloudis. Plus, Telos Foundation Head of Business Development AJ Dinger joins the show to discuss its new partnership with Gamestop.

U.S. Treasury Explores Privacy Concerns of Digital Dollar; $200M Flash Loan From MakerDAO Makes $3 Profit
"The Hash" explores today's top stories in crypto: the U.S. Treasury Department is studying how the use of the digital dollar could be kept private. MicroStrategy (MSTR) founder Michael Saylor said the crypto industry is destined to be bitcoin (BTC)-focused in the wake of recent enforcement actions by U.S. regulators. An arbitrage bot flash loaned $200 million worth of the dai stablecoin (DAI) from MakerDAO on Wednesday, making a $3.24 profit after transaction fees. Digital payments firm Strike is expanding its Lightning Network-based cross-border payments service to Mexico.

Hinman Documents Released Amid Ongoing Ripple vs SEC Lawsuit; Snoop Dogg’s New NFT Drop
"The Hash" hosts tackle today's hot topics in crypto: Recently revealed emails tied William Hinman, the former director of the SEC’s Division of Corporation Finance, were published Tuesday by Ripple in its ongoing defense against an SEC lawsuit. eToro will delist four cryptocurrencies in the U.S. next month. Puppynet has crossed more than 20 million transactions from 16 million wallets. Plus, Transient Labs, Inc. Chief Operating Officer Chris Ostoich join to discuss Snoop Dogg's new 'Passport Series' NFT drop.

A16z Chooses London for First Office Outside U.S.; Robinhood’s May Crypto Trading Volume Falls 68%
The hosts of "The Hash" weigh in on some of the biggest crypto stories of the day. Venture capital giant Andreessen Horowitz (a16z) chose London for its first office outside the U.S., saying the U.K. government is willing to create policies that encourage startups to pursue decentralization. Separately, a recent report from JPMorgan says without a more solid legal framework, cryptocurrency activity will probably continue moving outside the United States. Meantime, Robinhood (HOOD) is reporting a steep decline in crypto trading volume in May. Plus, Disco wants people to think harder about their online reputation and personal data.
