Laatste van Zack Seward
Binance's CZ Reportedly Met with Middle East Investors for Crypto Recovery Fund; Cathie Wood's Latest Moves
Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. Meanwhile, Cathie Wood's Ark Investment Management just bought $1.5 million worth of Grayscale Bitcoin Trust (GBTC) on Monday. "The Hash" team discuss the latest headlines impacting the crypto industry.
FTX Exploiter Developments; Bill Ackman Endorses Crypto Project Helium
The culprit behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether (ETH) to Ren Bitcoin (renBTC), a token that represents bitcoin on other blockchains, early on Sunday. Plus, one of TradFi’s better-known investors, Bill Ackman, revealed on Twitter that he has turned a leaf and is now endorsing crypto.
Why the FTX Collapse Looks an Awful Lot Like Enron; Secret Foundation Founder on Privacy Debate
"The Hash" hosts dive into the extensive and nuanced parallels between FTX and Enron, including the strange twist that Enron's former lawyer is now the new CEO of FTX. Plus, Secret Foundation founder Tor Bair shares his thoughts on the tradeoffs between open ledgers and privacy preserving approaches to blockchain.
New FTX CEO Criticizes Management of Crypto Exchange During Sam Bankman-Fried's Tenure; Next Steps for Binance
New FTX CEO John J. Ray III issued a scathing assessment of "unprecedented" poor management practices by his predecessor, Sam Bankman-Fried, in a series of filings in a Delaware court. Plus, Binance.US, the American arm of the world’s largest cryptocurrency exchange, is preparing to bid for bankrupt lending platform Voyager Digital, according to a CoinDesk source.
