Paxful's Bitcoin Peer-to-Peer Exchange Suspends Operations; Dogecoin Flips the Bird

The most valuable crypto stories for Tuesday, April 4, 2023.

Apr 4, 2023

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ABOUT

"The Hash" tackles today's hot topics: What caused Paxful to suddenly shut down its bitcoin peer-to-peer marketplace? Binance's BNB token takes a hit and then rebounds after being caught up in the Crypto Twitter rumor mill. Dogecoin spikes after Elon Musk replaces the Twitter blue bird with a Shiba Inu. Plus, the latest project by the founders of bankrupt Three Arrows Capital is now live.

Dogecoin Futures Liquidations Jump to $26M After Twitter Displays Token's Logo for Some Users

Bitcoin Drops to $27.5K While Dogecoin Spikes After Twitter Logo Change

Binance's BNB, Bitcoin Tumble After Crypto Twitter Personality Cobie's Wild Guess

Voyager-Binance.US Legal Fight Must Be Resolved by April 13, Court Documents Say

Binance's Market Share Hits Lowest Level Since November After CFTC Lawsuit, End of Zero-Fee Trading

OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders, Is Now Live

This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus.

HOSTS

Christie Harkin

Christie Harkin is CoinDesk's managing editor of technology. Prior to joining CoinDesk, Christie was the managing editor at Bitcoin Magazine. A graduate of the University of Toronto with a specialist degree in English and Linguistics, she also completed post-degree courses in publishing at Ryerson University. Before diving into Bitcoin and blockchain tech in 2015, Christie was a children's book editor and publisher. She co-founded Clockwise Press where she edited and published the Canadian Children's Book of the Year award winning picture book, Missing Nimama.
Christie holds some bitcoin and non-material amounts of other crypto tokens.

William Foxley

Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.

David Z. Morris

David Z. Morris was CoinDesk's Chief Insights Columnist. He has written about crypto since 2013 for outlets including Fortune, Slate, and Aeon. He is the author of "Bitcoin is Magic," an introduction to Bitcoin's social dynamics. He is a former academic sociologist of technology with a PhD in Media Studies from the University of Iowa. He holds Bitcoin, Ethereum, Solana, and small amounts of other crypto assets.