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How Is Michael Saylor's Bitcoin Bet Looking Since He Stepped Down as CEO of MicroStrategy?
Michael Saylor's bitcoin bet seems to be paying off, as the largest crypto by market cap is trading around $29,000. It's a stark change to when the bitcoin bubble had burst and questions circulated about how painful things might get for MicroStrategy, given that it had taken on debt to buy it. "The Hash" panel discusses Saylor's digital asset investment strategy.
Sam Altman's Crypto Project Worldcoin Faces More Scrutiny in Kenya
Worldcoin's warehouse in Nairobi was raided by the Kenyan police over the weekend, according to report from the local news organization. "The Hash" panel discusses Kenya's latest efforts to crack down on the project after the country suspended its operations recently. Plus, insights on the privacy concerns surrounding the identity crypto protocol co-founded by OpenAI's Sam Altman.
Huobi Denies Reports of Executive Arrests as Stablecoin Reserves Sink
Nansen data shows that crypto exchange Huobi’s stablecoin reserves dipped by 33% in the last week, with traders withdrawing $49 million in stables. This comes as a spokesperson for Huobi denied reports that several executives were arrested in China over the weekend. "The Hash" panel discusses the latest developments at Huobi and the state of crypto regulation in China.
PayPal Is Launching Its Own U.S. Dollar-Pegged Stablecoin
PayPal (PYPL) announced the global payments giant is issuing its own U.S. dollar-pegged stablecoin. The Ethereum-based token will soon be available to PayPal U.s. users and is the first time a major financial company is issuing its own stablecoin. "The Hash" panel weighs in on PayPal's latest move into the realm of crypto.
Curve Finance Sees 'About 70%' of Stolen Funds Recovered After Exploit: Nansen Analyst
Whitehats hackers and attackers have returned over 73% of all funds stolen from Curve Finance after its early August exploit. Nansen analyst Sandra Leow recaps the events of what happened with Curve, which saw the platform lose millions of dollars worth of various tokens, causing contagion effects in the broader ecosystem.
What's Next for 'Razzlekhan' and Her Husband After Bitfinex Guilty Plea?
Ilya Lichtenstein, husband of Heather "Razzlekhan" Morgan, admitted that he was the hacker behind the multi-million-dollar exploit of crypto exchange Bitfinex in 2016, according to a report from CNBC. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down their respective plea details and what's next for the infamous couple.
Coinbase 'Has an Uphill Climb' Against SEC: Former SEC Senior Trial Counsel
Coinbase is asking a judge to dismiss a lawsuit from the SEC. This comes as the regulator sued Coinbase in June, alleging the crypto exchange violated federal securities laws. Howard Fischer, Moses Singer partner and former SEC senior trial counsel, shares his insights into Coinbase's latest legal arguments and potential outcomes.
Crypto Trader Expects 'Regulatory Clarity' Needed for Bitcoin Breakout
"The Crypto Trader" author Glen Goodman discusses his technical analysis of bitcoin (BTC) as the largest cryptocurrency by market cap remains stagnant around $29,000 and its price hasn't risen more than 4% in a single day since June 21.
Curve Finance Recovers 73% of Exploited Funds
Curve Finance has recouped roughly 73% of funds stolen during a hack, which saw the platform lose over $73 million worth of various tokens, according to blockchain security company Peck Shield. Nansen analyst Sandra Leow discusses her take about the early August exploit and the implications for the wider DeFi ecosystem.
Worldcoin's Nairobi Warehouse Reportedly Raided by Kenyan Police
Kenyan police raided the Nairobi warehouse of identity and cryptocurrency protocol Worldcoin on Saturday, confiscating documents and machines, local news organizations reported. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn weigh in.
