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Latest from Zack Seward
Galaxy Digital Abandons $1.2B Plan to Acquire BitGo; Acala’s Stablecoin Tumbles After Hackers Exploit Bug
“The Hash” hosts discuss today’s top stories including Galaxy Digital walking away from plans to buy crypto custody firm BitGo. And an update on polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, aUSD, depegging on Sunday.
Suspected Tornado Cash Developer Under Arrest Reportedly Identified; Pudgy Penguins NFT Prices Surge
According to The Block, the developer who was arrested in Amsterdam and is suspected of being involved in the sanctioned Tornado Cash protocol is Alexey Pertsev. “The Hash” team discusses the latest developments. Plus, sales of Pudgy Penguin non-fungible tokens (NFT) heat up after the project announced it would be licensing select NFTs to be made into physical toy collectibles.
Mailchimp Reportedly Suspends Several Crypto-Related Accounts; BlackRock Launches Spot Bitcoin Private Trust
Mailchimp appears to have suspended the accounts of several crypto-related firms, according to the affected outlets. Plus, one week after announcing a partnership with Coinbase, the world’s largest asset manager, BlackRock, is releasing a spot bitcoin (BTC) private trust for U.S. clients. “The Hash” team breaks down these top stories and more.
Bitcoin Pops as U.S. Inflation Slows Down; Someone Is Trolling Celebs by Sending ETH From Tornado Cash
Crypto markets responded positively after the slower-than-expected inflation reading. Plus, an anonymous crypto user transferred small amounts of ether (ETH) from a sanctioned address to stars and prominent crypto figures. “The Hash” team discusses these stories and more.
Vitalik Buterin on Tornado Cash Use Case; Reddit Teams Up with FTX Pay
Ethereum co-founder Vitalik Buterin posts on Twitter that he has used Tornado Cash to make a donation to support Ukraine. Plus, social media giant Reddit has formed a partnership with FTX Pay to allow users to pay gas fees on transactions using community points. “The Hash” panel discusses these top stories and more.
Crypto Mixing Service Tornado Cash Blacklisted; Novogratz’s Galaxy Digital Reports Q2 Net Loss
The U.S. Treasury Department is banning all Americans from using decentralized crypto mixing service Tornado Cash. Plus, cryptocurrency-focused financial services firm Galaxy Digital (GLXY.TO) reports second quarter earnings amid recent market turbulence. “The Hash” team discusses those stories, and more.