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Top Binance Execs Resign Over CZ’s Handling of DOJ Investigation: Report
At least three senior officials of Binance have departed the crypto exchange this week, as the company prepares to defend itself on multiple fronts, according to a report from Fortune. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De discusses Binance founder and CEO CZ's response to the executives' departure and what their resignation means for the embattled exchange.

Report Sheds Light on Taylor Swift's Previous Sponsorship Plan With FTX; Celsius Faces New Scrutiny
“CoinDesk Daily” host Jennifer Sanasie explores the hottest stories in crypto, as bitcoin (BTC) reacts to a blowout U.S. ADP private employment report. BlackRock CEO Larry Fink discusses the future of crypto in a new interview. Bloomberg reports Celsius and its former CEO could be named in a case brought by the CFTC. And, Taylor Swift reportedly approved a sponsorship deal with FTX last year, despite previous reports that she had walked away.

NFT Creator Royalty Payments Sunk to Two-Year Low in June: Nansen
A new report from data analytics platform Nansen shows that royalty payments sunk to a two-year low in the month of June. This comes after NFT royalty payments reached their peak in April 2022, contributing to a collective 28,000 ETH in one week of creator earnings. CoinDesk's Jennifer Sanasie explains the sharp decline in "The Chart of The Day."

Unpacking Chainlink's Proof-of-Reserves Service
CoinDesk Deputy Managing Editor for Tech and Protocols Sam Kessler takes a deep dive into Chainlink's proof-of-reserves service and whether these efforts at transparency are a step in the right direction, or are merely setting up an illusion of decentralization in a fundamentally trust-based system.

Meta Launches Twitter Rival 'Threads,' Competing with Crypto's Town Square
Facebook parent company Meta has announced the initial version of "Threads," a new social media app built by the Instagram team that aims at "sharing with text." "The Hash" panel discusses its rivalry against the cryptocurrency industry's town square, Twitter, and the other competition among social media platforms.

BlackRock CEO Larry Fink Says Bitcoin Could 'Revolutionize' the Financial System
BlackRock CEO Larry Fink said crypto, specifically bitcoin (BTC), could revolutionize the financial system in a recent interview with Fox Business. "The Hash" panel shares their reaction to Fink's latest comments in the wake of BlackRock filing paperwork with the SEC on June 16 for a spot bitcoin exchange-traded fund.

Taylor Swift Previously Approved FTX Sponsorship Deal, But Sam Bankman-Fried Backed Out: NYT
"The Hash" hosts discuss a new report from The New York Times that breaks down how NFL legend Tom Brady's sponsorship deal with FTX turned sour after the exchange filed for bankruptcy. Plus, the panel reacts to Taylor Swift's reported approval of a sponsorship deal with FTX and that Sam Bankman-Fried actually backed out of the agreement.

Animoca Brands Executive Chairman Yat Siu Discusses Crypto Regulation in Hong Kong
Animoca Brands co-founder and executive chairman Yat Siu joins "First Mover" to discuss the state of crypto regulation in Hong Kong as the city establishes a task force that promotes Web3 development. The establishment of a regulatory framework "gives it legitimacy," Siu said.

Ripio CEO on Gaining Approval for Crypto Exchange License in Spain
Latin American crypto services provider Ripio has become the latest company to secure a license from the Bank of Spain to operate in Spain as an exchange. Ripio founder and CEO Sebastian Serrano discusses the move, the implications for the state of the Latin American crypto market, and the potential global regulatory challenges ahead.

FTX, Three Arrows, and SEC Oppose BlockFi Bankruptcy Proposal
Proposals put forward by defunct crypto lender BlockFi are an abuse of bankruptcy rules, according to a legal filing made by FTX, with over a billion dollars of disputed transactions at stake. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the troubled lender's plans and why the proposal is also facing objections from Three Arrows Capital (3AC) and U.S. Securities and Exchange Commission (SEC).
