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Wendy O
Últimas de Wendy O
Binance's CZ Distances Himself from BUSD Stablecoin; SEC's Latest Crypto Scrutiny
"The Hash" squad weighs in on today's top stories, including Binance’s Chief Executive Officer Changpeng “CZ” Zhao distancing himself from the Binance-branded stablecoin BUSD after regulatory action caused minting to cease. Plus, Bloomberg reports the U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms.
DigiDaigaku NFTs' Price Rises After Super Bowl Ad; Bakkt to Discontinue Consumer App
"The Hash" panel weighs in as the price of DigiDagaku's NFT project is rising on the secondary market after it aired an expensive commercial during the Super Bowl last night; Bankrupt Genesis Global Holdco unveiled the final details of a proposed plan to sell itself off alongside Genesis Global Trading to help parent Digital Currency Group pay off some of the firm's creditors. DCG is also the parent company of CoinDesk. Plus, Digital asset platform Bakkt (BKKT) will discontinue its two-year-old consumer-facing app as its focus shifts toward business-to-business (B2B) tech services.
SEC's Gensler Warns Crypto Firms to Comply With Rules After Settlement with Kraken
"The Hash" panel weighs in as U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is warning other platforms to "take note" of crypto exchange Kraken's move to halt its staking service in the country and cough up a $30 million fine. This comes as SEC Commissioner Hester Peirce issued a public dissent to her agency’s latest enforcement action. Plus, a closer look at PayPal's bitcoin holdings. And, a popular song released by Rihanna offered as a non-fungible token (NFT) through a Web3 music startup.
LocalBitcoins to Close Down Amid 'Very Cold' Crypto Winter; Coinbase CEO Suggests SEC May Ban Crypto Staking
"The Hash" squad discuss today's top stories, including bitcoin exchange LocalBitcoins gearing up to close this month. This comes as Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission (SEC) would like to ban retail investors from engaging in cryptocurrency staking, the income-generating technique at the core of running proof of stake blockchains including Ethereum. Plus, Tether, issuer of the world's largest stablecoin, reported a $700 million fourth-quarter profit.
Binance Setting Up Consortium to Try to Rebuild Trust in Crypto: Source; AI-Focused Token Interest Spikes
"The Hash" panel discusses the latest headlines in the crypto industry, including a closer look at why tokens utilizing AI technology have been on a tear recently. Some are sold on the hype, while some remain wary. Plus, Binance is helping assemble a consortium of crypto companies to rebuild trust in the industry and is taking on an active role in coming regulations, according to a CoinDesk source.
Judge Denies Bankman-Fried's Bail Modification Proposal; Super Bowl Will Not Have Crypto Ads This Year
"The Hash" team discusses today's top headlines, including a federal judge rejecting a joint request to modify Sam Bankman-Fried's bail conditions to allow him to use certain messaging tools. Separately, Indian cryptocurrency exchange WazirX says allegations made by Binance are "false and unsubstantiated." Plus, why viewers won't see any crypto ads in this year's Super Bowl.