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Goldman to Spend Big on Crypto After FTX Fallout; Silvergate Slides Further After Letter From Sen. Warren
Investment banking giant Goldman Sachs (GS) is looking to spend tens of millions of dollars on crypto firms whose valuations have been hit after the implosion of FTX, Reuters reported Tuesday. Senators Elizabeth Warren (D-Mass.), John Kennedy (R-La.) and Roger Marshall (R-Kan.) asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research.
Jack Dorsey's Block Invests in East African Bitcoin Miner Gridless
Gridless, a bitcoin mining company helping generate new sources of energy in East African rural communities, secured $2 million in a seed investment round led by bitcoin VC firm Stillmark and Block, a payments company led by Twitter co-founder Jack Dorsey. "The Hash" hosts discuss what this means for the global bitcoin mining industry.
Goldman Sachs to Spend Big on Crypto Post FTX: Report
Goldman Sachs (GS), one of the world's largest investment banks, is looking to spend "tens of millions" of dollars on crypto firms whose valuations have been hit after the implosion of crypto exchange FTX, according to Reuters. "The Hash" panel discusses why Goldman sees a need for trustworthy and established players in the crypto market.
Crypto Wallet Maker Ledger Teams Up With iPod Creator Tony Fadell
Crypto wallet maker Ledger has partnered with Tony Fadell, the well-known creator of Apple’s iPod and the co-founder of thermostat company Nest, to create its new Ledger Stax hardware wallet. "The Hash" panel discusses the latest move mainstreaming crypto wallets and the ethos of self-custody while highlighting the potential risks.
Scottie Pippen on Crypto Outlook: 'If I'm Not Going Big, I'm Not Going at All'
On the heels of his upcoming special sneaker NFT drop, NBA Hall of Famer and six-time champion Scottie Pippen discusses entering the crypto space and why he hasn't bought any coins. "I was a little scared," Pippen said. "If I'm not going big, I'm not going at all."
Scottie Pippen on Inspiration for NFT Sneaker Collection
Six-time NBA champion Scottie Pippen and Orange Comet CEO Dave Broome introduce the exclusive, limited Pippen sneaker NFT collection and where they drew inspiration from. "This shoe will be totally different from any other shoe I've ever worn," Pippen said. "No one has ever seen these before."
Nexo to Depart US After Talks With Regulators Hit ‘Dead End’
Crypto lender Nexo said it would stop offering products and services in the U.S. in the coming months as their discussions with both state and federal regulators had come to a "dead end." CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.
Molly White on Why Crypto Critics Matter
In the year of crypto winter, the critics have been proven right more often than wrong. Molly White, creator of "Web3 is Going Just Great," and a winner of CoinDesk's Most Influential 2022, discusses the importance of crypto skeptics and the latest revelations about the industry.
Are We Near a Crypto Bottom?
eToro Crypto Consultant Glen Goodman discusses why we may be near the bottom of the crypto bear market as the latest Google Trends data shows increasing searches for "bitcoin is dead" and "crypto is dead.” Plus, the latest on institutional investments and bitcoin's dominance in the crypto market.
Scottie Pippen on NFT Sneaker Collection Launch: 'We're the Trailblazers'
NBA Hall of Famer Scottie Pippen joins "First Mover" to discuss his crypto journey and partnering with Web3 firm Orange Comet in launching a limited NFT sneaker collection inspired by his basketball career. "We're bringing something different... we're the trailblazers," Pippen said. Plus, Orange Comet CEO Dave Broome discusses the future of the NFT industry in the wake of FTX's collapse.