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I det här avsnittet får vi lyssna på Göran som är professor i tillämpad kvantfysik, mikroteknologi och nanovetenskap vid Chalmers. Han arbetar dessutom vid Wallenberg Centre for Quantum Technology som koordineras från Chalmers, med målet om att bygga Sveriges första kvantdator.Han kommer berätta nästan allt vi behöver veta om kvantdatorer just nu - ett hett område på börsen, minst sagt.I december i fjol kablade Google ut nyheten om att de gjort ett genombrott inom Quantum Computing, kvantberäkning. Det skapade en kvantfeber på börsen som lyfte snittaktien i sektorn över 800% på ett halvår. Det gick så långt så att Googles chef för Quantum AI menade att det är ett bevis för att parallella universum existerar. I det här avsnittet ska vi djupdyka ned i ämnet kvantdatorer, viktiga begrepp, teknologiska framsteg liksom möjliga framtida tillämpningsområden och när i tiden vi kan få se praktiska tillämpningar.Det sägs att naturen lyder under kvantfysiska lagar - så för att förstå världen behöver vi kvantdatorer - för med dem kan vi lösa problem som är i princip omöjliga idag. Vi kan upptäcka nya läkemedel, nya material, simulera klimatförändringar, skapa starka krypteringar och mycket mer. 2023 uppskattades kvantmarknaden vara värd 800 MUSD enl. Maximise Market Research. Den siffran spås öka 216x fram till 2040 för att då vara värd 173 bUSD enl. McKinsey vilket kan ge totala ekonomiska ringar på vattnet motsvarande 900 bUSD till 2 000 bUSD. Delikat lyssning på dig,Nicklas Hosted on Acast. See acast.com/privacy for more information.
From Alice Water's founding the Edible Schoolyard, to students working in gardens with their peers, Berkeley offers many opportunities to be involved with farm-to-table experiences. For this episode of The Buzz, we look into these initiatives and opportunities and how they work to keep students involved in the community. This episode was produced by Zazie Duchene and edited by Manushi Shah. Dylan Dasgupta and Julia Brimmer reported.
In crypto news today the SEC and Gary Gensler have dropped their cases on Paxos BUSD stablecoin and Stacks STX Hiro signaling capitulation. Germany completes selling its Bitcoin stash worth $2.9 billion.
A daily update on what's happening in the Rocket Pool community on Discord, Twitter, Reddit, and the DAO forum. 0:00 - Welcome Rocket Pool news 0:41 - 1.13.7 update https://discord.com/channels/405159462932971535/918351974406172723/1261043277931745280 https://discord.com/channels/405159462932971535/1261050625039401023 2:52 - Langers has tokenomics feedback https://discord.com/channels/405159462932971535/1215788197842255972/1260440707349352469 8:17 - Stop delegating to Patches and Waq https://discord.com/channels/405159462932971535/405163713063288832/1260618137959927819 https://discord.com/channels/405159462932971535/405163713063288832/1260618597131092058 https://discord.com/channels/405159462932971535/405163713063288832/1260756518970855424 https://discord.com/channels/405159462932971535/405163713063288832/1260731307449651211 https://delegates.rocketpool.net/delegates/0xb74006917f66E4b7f005713f061d1f20Ef2A029C https://discord.com/channels/405159462932971535/1260975013004050492 https://discord.com/channels/405159462932971535/405163713063288832/1260981034904846418 18:02 - Shf has GMC Town Hall notes https://discord.com/channels/1109303903767507016/1109303904547655724/1260654223738142790 Staking news 21:12 - Joe drops NodeSet screenshot https://discord.com/channels/405159462932971535/405163713063288832/1260624432326774876 https://discord.com/channels/968587363536220252/1153574664174579842/1260624074036609044 22:48 - Airdrop hunting Symbiotic https://discord.com/channels/405159462932971535/405163713063288832/1260520130224324680 Ethereum news 24:20 - Vitalik's megaETH investment https://www.techopedia.com/megaeth-explained-why-did-vitalik-buterin-invest-in-megaeth 25:58 - Uniswap take advantage of Chevron https://x.com/minariklaw/status/1810792306079047932 27:30 - Google Doc competitor on Ethereum https://x.com/drjasper_eth/status/1811024592384790710 29:10: Goldman to tokenize on Ethereum? https://x.com/nategeraci/status/1811036630918029350 https://x.com/delzennejc/status/1811051108682584524? 31:00 - Metamask takes custody? https://x.com/chainargos/status/1810974349136122270 In other news 32:23 - SEC drops BUSD security case https://x.com/zoomerfied/status/1811400051891097612?s=46 35:22 - Crypto frontends compromised https://x.com/compoundfinance/status/1811328333063520683 https://x.com/0xngmi/status/1811375305258320123 37:50 - Crypto infiltrated? https://x.com/llamaonthebrink/status/1810722093350125704 40:41 - Trump to speak at bitcoin conference https://x.com/bitcoinmagazine/status/1811181306438660375 41:50 - Rocket Fuel t-shirt 43:23 - Deukey's new baby https://discord.com/channels/405159462932971535/405163713063288832/1260760315587465307
It's a legal-heavy episode today, but first, Bitcoin has rejected the $60,000 price level once again, pushing the Crypto Fear & Greed Index into “extreme fear” for the first time since January 2023. Nevertheless, with 90% odds of a September interest rate cut by the US Federal Reserve and stocks and gold reacting accordingly, it could be just a matter of time until BTC is back on the ascent. On the legal side of crypto, a US Supreme Court ruling could be a “game changer” for crypto, the SEC has dropped its action against Paxos and the Binance USD token, and Coinbase demands to see Gary Gensler's private messages.Further reading:Bitcoin index falls to ‘extreme fear' as BTC fails twice to breach $60KGerman gov't Bitcoin wallet drops to 5,800 BTC after major saleBitcoin price struggles as investors expect Fed interest rate cuts — Why?Bitcoin price will hit $330K this bull cycle — AnalystSupreme Court ruling ‘changes the game' for US crypto firmsSEC will not pursue enforcement action against PaxosJudge has ‘strong views' about Coinbase inquiry into Gensler's private msgsSo, grab yourself a coffee, and let's get into it!Rise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.
03rd July: Crypto & Coffee at 8
0:08 — Zahra Billoo serves as the Executive Director of the Council on American-Islamic Relations, San Francisco Bay Area (CAIR-SFBA) office. Molly Sampson, BUSD parent. 0:33 — Jack Poulson is an independent journalist writing about the intersection of technology and the military. He is also the Executive Director of Tech Inquiry, a tech accountability non-profit organization. The post Department of Education Will Investigate Berkeley Unified District for Anti-Palestinian, Anti-Arab and Islamophobic Discrimination; Plus, New Documents Reveal Latest Israeli Plan to Control Gaza War Narrative in the United States appeared first on KPFA.
Epicenter - Learn about Blockchain, Ethereum, Bitcoin and Distributed Technologies
Long regarded as an impending black swan, Tether has successfully weathered out the contagion and bank runs caused by Luna's collapse in the depths of the 2022-2023 bearmarket. Since then, a large portion of Tether's reserves has been shifted to treasury bills, which are the closest dollar proxy, positioning Tether among the top 20 holders of T-bills, worldwide. However, navigating the Tether FUD was not the first rodeo for Paolo Ardoino, as he has also previously led Bitfinex, which successfully recovered after a $72M hack, back in 2016. The worldwide adoption of USDT, especially in emerging markets and developing economies, serves as a testament to Tether's commitment to create a product with tangible real-life applications.Topics covered in this episode:Paolo's backgroundHow Bitfinex succeededDEX vs. CEX UXEntrepreneurship and company cultureFounding Tether and its use casesExpanding Tether's cross-chain supportTether's reserves and long-term visionStablecoin wars: BUSD & USDCDecentralized stablecoins and bank runsThe potential of diversifying physical backingHolepunch & Keet - the P2P renaissanceIncentivising P2P interactionsEpisode links:Paolo Ardoino on TwitterTether on TwitterBitfinex on TwitterHolepunch on TwitterKeet on TwitterSponsors:Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.ioChorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.oneThis episode is hosted by Brian Fabian Crain & Friederike Ernst.
04th December: Crypto & Coffee at 8❌End of Binance BUSD
Crypto News Consensus, where we break down everything happening in crypto! Every week, various 100x Club members join the panel for a conversation about what's happened this last week in crypto and web3! -- What does BUSD's death & CZ's retirement mean for BNB Chain? -- Are the ETFs getting pushed back to March? -- 100k Bitcoin in 2024 -- Did OpenAI discover AGI? & more! As always, we want to stress that nothing in this is financial investment advice. Our goal with these conversations is to give everyone listening one more tool in their belt to utilize while they do their own research and learn more about crypto. Find us: https://linktr.ee/the100xpodcast Find our speakers this week: Austin Rikley: https://twitter.com/AustinRikley Cesar Martinez: https://twitter.com/poppabigmac 100x Podcast Partners are not endorsements to purchase or invest. They are projects or brands who have (at a minimum) purchased ad space in our podcast (which is how we fund the podcast's operations). We meet with them, often have them on the podcast so you can hear from them directly, and often find additional ways to support each other (like introducing us to other cool guests). Please do your own research. Our Current Partners: Astrabit Trading: https://astrabit.io/ MyGeoTokens: https://mygeotokens.com/
幻冬舎の暗号資産(仮想通貨)/ブロックチェーンなどweb3領域の専門メディア「あたらしい経済 https://www.neweconomy.jp/ 」がおくる、Podcast番組です。この番組は「CoinTrade」の提供でお届けします。 ーーーーー 【番組スポンサー】 「CoinTrade」は上場企業グループで金融庁登録済みの暗号資産販売所。トレードはもちろん、預けるだけで暗号資産が増やせるステーキングサービスでは、国内最多の10銘柄を取り扱っています。そして期間限定で、無料口座開設で2000円相当の暗号資産が貰えるキャンペーンや、初めてのステーキングサービス申し込みと取引で2,000円相当のAVAXが貰えるキャンペーンを開催中。今なら合計4,000円相当の暗号資産が貰えるチャンスです。ステーキングなら「CoinTrade」! 詳細は以下のリンクをチェック ーーーーー https://www.gentosha.co.jp/t/nect/ ーーーーー 【解説したニュース】 ・KyberSwap事件のハッカー、報奨金の取引条件として同社完全支配を要求 ・米マイクロストラテジー、880億円相当のビットコイン追加購入。合計保有数174,530BTCに ・グレイスケール、現物BTC投資信託「GBTC」の運用効率化で契約更新 ・積水化学、蘭ブロックチェーントレーサビリティ「サーキュライズ」と業務提携 ・ワームホールが約331億円の資金調達、Wormhole Labs設立も ・デジタル資産投資プラットフォームのFasset、ドバイでVASPライセンス取得 ・アニモカブランズが「オープンネットワーク」エコシステムに出資、TON最大のバリデータに ・IoT向けDLTプラットフォーム「IOTA」がアブダビに財団設立、約148億円の資金提供も ・バイナンス、BUSDのサポートを12月に終了へ ーーーーー 【関連リンク】 ニュースの詳細や、アーカイブやその他の記事はこちらから https://www.neweconomy.jp/
Today's blockchain and cryptocurrency news Bitcoin is down slightly at $37,883 Eth is down slightly at $2,045 Binance Coin is up slightly at $228 Bitcoin's price surge liquidates $29M in shorts Binance will discontinue BUSD in mid December FTX receives court approvals to sell trust assets AntPool to refund $3M Bitcoin transaction fee if claimed. Forbes 30-under-30 lists 14 crypto-related leaders Forbes introduces Hall of Shame, SBF tops list. Get 15% off OneSkin with the code DCR at https://www.oneskin.co/ #oneskinpod Learn more about your ad choices. Visit megaphone.fm/adchoices
The crypto space witnesses key developments—Charlie Munger, a vocal Bitcoin critic, passes away at 99. Binance announces the removal of BUSD and its conversion to fDUSD. Philippines SEC blocks access to Binance, and Amazon introduces Q Chatbot for business. Coinbase might share Bitcoin trading data with the CFTC, leading to a surge in Coinbase stock. Meanwhile, the UK plans penalties for unpaid crypto taxes. Standard Chartered remains optimistic, predicting Bitcoin's path to $100K by the end of 2024.________News Links
Last week in crypto, bitcoin moved significantly, reaching a 2023 all time high and continued to hover around the $35k mark throughout this week. Vietnam has emerged as a rapidly growing space for crypto, despite the State Bank of Vietnam's strict prohibition on the use of cryptocurrencies as payment, the sector continues to grow, especially in areas like remittances and international transactions. The Vietnamese government is now addressing the regulatory challenges, with the establishment of the Vietnam Blockchain Association and discussions around Decision 1255, aimed at formulating a comprehensive legal framework for virtual assets. Some see the future of crypto regulations in Vietnam as cautiously optimistic, with the government studying the domain and the industry actively preparing for potential changes. Sam Bankman-Fried, founder of FTX, continued his testimony. Over 60 people attended the hearing, showing continued interest, though fewer than the previous days. Bankman-Fried seemed more composed in his responses but maintained a tone reflecting his reluctance to be there. Challenges surfaced when questioned about regaining control of FTX after its bankruptcy filing. His defense attorney, provided a more relaxed atmosphere during cross examination. The trial transitions to closing arguments, with the jury expected to deliberate on wire fraud and other charges, possibly starting this week. This week, according to data from on-chain analysis firm Spotonchain, the FTX wallet has sent over $13M in different altcoins to numerous crypto exchanges as of November 1st 2023. This is part of a court-ordered liquidation process, allowing FTX to sell nearly $3.4B in crypto assets in weekly batches starting from $50M a week. Binance, is discontinuing selected margin trading pairs on Binance Margin, with removals set for November 9. Major cryptocurrencies like Cardano (ADA), Polygon (MATIC), Avalanche (AVAX), Bitcoin Cash (BCH), Chainlink (LINK), Shiba Inu (SHIB), and Dogecoin (DOGE) are among those affected. The decision is part of Binance's strategy to completely end BUSD stablecoin support by February 2024. Users won't be able to engage in isolated margin borrowing for these cryptocurrencies from November 3, and Binance Margin will close positions, conduct automatic settlements, and cancel pending orders on the specified pairs by November 9.
Epicenter - Learn about Blockchain, Ethereum, Bitcoin and Distributed Technologies
Stablecoins represent a safe haven against crypto's volatility, allowing participants to remain in the market, without off-ramping to fiat. While the major stablecoins are centrally issued (e.g. USDT, USDC, BUSD), there is a pressing need for an algorithmic variant or a synthetic dollar asset. (DAI is somewhere in between since approximately 50% of its collateral is USDC). After Luna's collapse, many jumped to point out its design flaws, yet such a concept would be crucial for crypto's decentralisation and self-sustainability. Arthur Hayes proposed an interesting concept of NAKA synthetic dollar (NUSD), backed by Bitcoin and its inverse perpetual swap short. However, yield generation on $BTC is significantly lower than that of $ETH. A sustainable yield would help balance the cases in which funding rates would be negative (a minority in crypto).We were joined by Guy Young, co-founder of Ethena, to discuss the stablecoin landscape and their synthetic eUSD, backed by staked ETH and its inverse perpetual swap.Topics covered in this episode:Guy's background and founding EthenaThe history of stablecoinsThe stablecoin trilemma and transparencyeUSD synthetic dollar mechanicsEthena's insurance fund and hedgingMinimising the impact of depeggingLeveraging centralised liquidity while maintaining self custody through MPCUser experienceRisk factorsCEX vs. DEX: liquidity, infrastructure, UXThe potential of fixed return ratesSupply & rates equilibriumEpisode links:Guy Young on TwitterEthena Labs on TwitterArthur Hayes' article proposing the Naka synthetic dollarThis episode is hosted by Felix Lutsch. Show notes and listening options: epicenter.tv/518
Guy Young, the founder and CEO of Ethena, joins the show to talk crypto-backed stablecoins. How Ethena began with an Arthur Hayes blog post The origins of synthetic stablecoins on Bitmex The difference between Hayes' Nakadollar and the Ethena design Why synthetic stablecoins have failed in the past and how Ethena addresses this How staked ETH as the underlying collateral opens up a new design space How Ethena mitigates their exposure to exchanges with off-exchange custody Guy's backstory and entrance into crypto Why the circumstances are favorable for the success of a synthetic stable today Why the short leg of the Ethena position has to rely on CeFi for now Where the yield from ETH positive funding ultimately comes from Limits to scale on Ethena on the short leg of the trade and ETH staking Guy's explanation for where the yield from being long ETH comes from Correlation dynamics between the ETH yield and the funding rate Why it's important that crypto yields are somewhat negatively correlated with tradfi yields What protects the system when funding flips negative? How the system can react to constraints in ETH funding and ETH staking The possibility of adding Bitcoin as a collateral type Why Ethena distinguished the stablecoin and the yield-bearing component Rebasing versus accruing yield tokens How they think about different stETH derivatives Ethena versus stETH-backed overcollat stablecoins Why the supply of stablecoins is shrinking Will major stablecoin issuers become interest bearing? Ethena's regulatory strategy The BUSD security analysis from the SEC and how interest bearing affects that Why end users deserve yield in exchange for taking on the counterparty risk of holding a stable Why Guy is excited by Paypal USD Guy's prediction for stablecoin interest-bearing market cap Further reading: Arthur Hayes, Dust on Crust
In the wake of FTX's collapse, Binance – already the biggest exchange in the world by a large margin – has continued to grow. But a series of challenges, including billions of dollars worth of customer outflows, the winding down of its stablecoin BUSD and the SEC and CFTC lawsuits related to its U.S. operations have challenged its market dominance. Steven Ehrlich, director of research at Forbes Crypto, joins the show to discuss how Binance has been dealing with a deluge of bad news and how it plans to forge a path forward. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: how the collapse of FTX impacted Binance and its market dominance how Binance has been losing market share over the past few months why Steven believes that Binance.US is in a "very tenuous situation" whether Binance is feeling stronger now that the SEC experienced a partial loss in the Ripple case the consequences of consumers losing trust in Binance, according to Steven the speculation around the recently filed sealed motion filed by the SEC whether the theory that Binance is the next FTX has some merits how Binance.US needs to recuperate some market volume to increase its revenue Thank you to our sponsors! Crypto.com Arbitrum Foundation Thales DAO Toku Guest Steven Ehrlich, director of research at Forbes Crypto Links WSJ: Binance, the Biggest Player in Crypto, Is Facing Legal Risks Over Russia More Binance Executives Leave, Including Some Overseeing Russia How the Binance CEO Operates: Weigh the Risk, Calculate the Reward What Is Happening With Binance? Binance Lays Off Over 1,000 Employees Some Binance.US Crypto Trading Was a Mirage, the SEC Alleges Binance.US Legal, Risk Executives Leave the Crypto Exchange Reuters: Crypto exchange Binance hit by executive exodus Paxos receives U.S. SEC notice over Binance's stablecoin 'BUSD' Binance CEO's trading firm received $11 billion via client deposit company, SEC says The Block: Binance.US can't grow until CZ sells stake, fixes regulatory issues: sources Binance to end support for BUSD, encourages conversion to FDUSD Mastercard, Binance end crypto card partnership in four countries Binance withdraws crypto license application in Germany CoinDesk: SEC's Secret Binance Court Filing Has Observers Bracing for Bad News John Reed Stark's post on X CFTC: CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange Learn more about your ad choices. Visit megaphone.fm/adchoices
In the wake of FTX's collapse, Binance – already the biggest exchange in the world by a large margin – has continued to grow. But a series of challenges, including billions of dollars worth of customer outflows, the winding down of its stablecoin BUSD, and suits with the SEC and CFTC related to its U.S. operations have challenged its market dominance. Steven Ehrlich, director of research at Forbes Crypto, joins the show to discuss how Binance has been dealing with a deluge of bad news and how it plans to forge a path forward. Show highlights:How the collapse of FTX impacted Binance and its market dominanceHow Binance has been losing market share over the past few monthsWhy Steven believes that Binance.US is in a "very tenuous situation"?Whether Binance is feeling stronger now that the SEC experienced a partial loss in the Ripple caseThe consequences of consumers losing trust in BinanceThe speculation around the recently filed sealed motion filed by the SECWhether Binance is following in the footsteps of FTX How Binance.US needs to recuperate some market volume to increase its revenueThank you to our sponsors!Crypto.com | Arbitrum Foundation | Thales DAO | TokuGuest | Steven Ehrlich - Director of Research at Forbes Crypto.Links | WSJ: Binance, the Biggest Player in Crypto, Is Facing Legal Risks Over RussiaMore Binance Executives Leave, Including Some Overseeing RussiaHow the Binance CEO Operates: Weigh the Risk, Calculate the RewardWhat Is Happening With Binance?Binance Lays Off Over 1,000 EmployeesSome Binance.US Crypto Trading Was a Mirage, the SEC AllegesBinance.US Legal, Risk Executives Leave the Crypto ExchangeReuters:Crypto exchange Binance hit by executive exodusPaxos receives U.S. SEC notice over Binance's stablecoin 'BUSD'Binance CEO's trading firm received $11 billion via client deposit company, SEC saysThe Block:Binance.US can't grow until CZ sells stake, fixes regulatory issues: sourcesBinance to end support for BUSD, encourages conversion to FDUSDMastercard, Binance end crypto card partnership in four countriesBinance withdraws crypto license application in Germany CoinDesk: SEC's Secret Binance Court Filing Has Observers Bracing for Bad NewsJohn Reed Stark's post on X CFTC: CFTC Charges Binance and Its Founder, Changpeng Zhao, with Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives ExchangeUnchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today we are revisiting my conversation with Austin Campbell. After my interview with Mike Dudas, I had asked, who is the smartest person I can talk to about Stablecoins? He instantly responded, you need to speak with Austin, and as you'll hear, I think he's right. Austin spent 15 years in traditional finance before managing $22bn of Stablecoin reserves for Paxos. Today, he's an Adjunct professor at Columbia Business School and the managing partner at Zero Knowledge Consulting. In this conversation, Austin helps me break down the nuts and bolts of how Stablecoins work. We also discussed the lessons crypto should learn from the traditional finance world and how the current US regulatory crackdown will shape the ecosystem going forward. Please enjoy this Stablecoin primer with Austin Campbell. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here ----- Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes [00:03:21] - [First question] - What can be learned from TradFi and applied to crypto [00:05:13] - The basics of Stablecoins and why they are important [00:07:39] - The logistics and mechanics of Stablecoins from the ground up [00:17:14] - Time-delay and infrastructure problems when trading with Stablecoins [00:21:18] - Liquidity, time sensitivity, and credit risk for issuers and buyers of Stablecoins [00:24:59] - The roles, challenges, and faults of regulators in the space [00:33:04] - The extent to which he sees regulators favored versus fouled by crypto natives [00:34:50] - The SEC's imposition that qualified custodians are needed to exchange crypto assets [00:37:53] - His takes on news regarding Paxos and the BUSD [00:43:01] - Concerns regarding Binance and its Stablecoin consolidations [00:46:30] - Aspects of global Stablecoin regulation he's optimistic about [00:49:01] - Why the US may not be a promised land for crypto [00:50:21] - The positives and potential impact of Stablecoins broadly, despite the pushback [00:54:03] - The possibility of traditional assets using crypto rails [01:00:04] - What he's most excited to see built over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to the Crypto News Consensus, where we break down everything happening in crypto! Every week, various 100x Club members join the panel for a conversation about what's happened this last week in crypto and web3! This week: Greyscale Beats SEC | US Judge Says ETH Not a Security | SEC Delays All ETFs | SEC Changes Rules for NFTs | The Fall of Pepe | BUSD Dead?! As always, we want to stress that nothing in this is financial investment advice. Our goal with these conversations is to give everyone listening one more tool in their belt to utilize while they do their own research and learn more about crypto. Find us: https://linktr.ee/the100xpodcast Find our speakers this week: Matthew Walker: https://twitter.com/hawaiianmint Austin Rikley: https://twitter.com/AustinRikley Cesar Martinez: https://twitter.com/poppabigmac Find our Sponsors: Astrabit: https://astrabit.io/ Talent by Obsidian: https://www.obsidianfi.com/web3-talent-by-obsidian#form
In this episode, we discuss the latest news in the crypto world, including:Vivek Ramaswamy's comments on Bitcoin and the future of crypto innovation.Coinbase and PayPal's partnership on a new stablecoin called PYUSD.Binance's decision to phase out support for its own stablecoin, BUSD.Robinhood Wallet's expansion of its crypto offering to include Bitcoin, Dogecoin, and Ethereum swaps.Chainlink and Swift's completion of tokenization tests with major banks.Lufthansa's launch of travel NFTs in partnership with Polygon and UpTrip.Limewire's addition of AI tools to its music NFTs.Ben Armstrong's response to allegations made against him by Bitboy Crypto.#crypto#bitcoin#ethereum#nft#stablecoin#binance#coinbase#paypal#lufthansa#limewire#bitboy#cryptodad__________News Links
In this episode, my dear friend Dale. Trump makes an appearance on X with a presidential mugshot that leaves little room for misinterpretation.
The National Academy Foundation (aka. NAF) brings educational programs to high schools to teach subjects that are not a part of most standard curricula. In Burbank Unified School District (aka. BUSD), students can take courses in Medicine, Engineering, and our favorite, Business! These specialized tracks focus on preparing students for the real world with experiences like job interviews, field trips, and hands-on work experience and internships. And in charge of it all is our guest, Alyson Edge, BUSD's NAF Academy Director. We're also joined by Jasmine Dixon, our Community Education Program Coordinator at Gain Federal Credit Union, and Joanna Tomlinson, our Marketing Project Specialist who share their insight on Youth Education efforts in our community and the collaboration between NAF and Gain. To Know More visit TheBetterBankingPodcast.com Follow us on social: Facebook: GainCreditUnion Twitter: @gainfcu Instagram: @gainfcu The views and opinions expressed by hosts and guests of The Better Banking Podcast are not those of Gain Federal Credit Union. Gain is insured by the NCUA and an Equal Housing Lender. NMLS #407810. ©2023 Gain Federal Credit Union
Matt and Nic return for another week of deals and news. In this episode: Token disclosure practices Matt tries pickleball Sequoia is breaking up into parts Will Chinese and American capital markets be severed? What's in the proposed House market structure bill? Coinbase sues Coinbase and Binance How does the SEC think BUSD is a security? The SEC approves Prometheum as a crypto broker dealer Prometheum's CCP ties Did Gensler solicit Binance to advice them before he ran the SEC? What's going on with Prime Trust? Content mentioned: Tommy Tuberville in the WSJ, Crypto communism has a new meaning Sponsor notes: Coin Metrics STATE OF THE NETWORK - Token Unlocks & Free Float Supply Shocks in Digital Asset Markets In this issue of Coin Metrics' State of the Network, we analyze the impact of token unlocks and free float supply shocks through the lens of various unlock events to explore the behavior of participants under different market conditions
You are missing out on a community of like-minded folks discussing the big and little topics of the day - https://md1.to/mdtg MetaLawMan on Twitter: "BREAKING: SEC sues @Coinbase In May of 2021, SEC Chairman Gary Gensler testified ( https://md1.to/gyha3 ) DeFi Llama + ChatGPT ( https://md1.to/alhy2 ) Adam Cochran - 1/20 Breakdown of the SEC Coinbase complaint - ( https://md1.to/4jo60 ) @GaryGensler to @CNBC this morning: “We don't need more digital currency. We already have digital currency, it's called the US Dollar, it's called the Euro, it's called the Yen. They're all digital right now.”" / Twitter ( https://md1.to/mog3t ) Joe Weisenthal - Polygon (Matic) is a security. - ( https://md1.to/5n71l ) CFTC Chair Benham just gave the following response on how crypto can bolster financial inclusion - ( https://md1.to/2xa66 ) The SEC is arguing that if you provide a wallet that can be used to acquire any token available onchain, YOU ARE OFFERING AND SELLING THOSE TOKENS to users of the wallet, regardless of whether you actually handle any of the tokens - ( https://md1.to/16aqh ) Jake Chervinsky on Twitter: "I sense two reactions to the SECs cases - ( https://md1.to/htx79 ) gabrielShapir0 on Twitter: "Probably the most interesting thing in the Binance complaint is the claim that BUSD is a security. - ( https://md1.to/tjnnx ) Higher Bitcoin Transaction Fees Spur Good Month for Miners - Blockworks ( https://md1.to/vyjd2 ) UK Considers ‘Crypto Tsar' to Head Up Regulation - Blockworks ( https://md1.to/k1mlo ) Mission: DeFi EP 97 - Can $R be the decentralized stablecoin we need? David Garai of Raft thinks borrowing against staked $ETH is the way to go | Mission: DeFi ( https://md1.to/raftep ) How to Build a Crypto Exchange Post-Coinbase – Preston Byrne ( https://md1.to/gmelt ) Volcano Energy Secures $1B in Commitments, Including From Tether, For 241 MW Bitcoin (BTC) Mine in El Salvador ( https://md1.to/8xp9l ) Gas.zip ( https://www.gas.zip/ ) Origin Ether (OETH) ( https://www.oeth.com/ ) Raft – Generate R stablecoin against your stETH with Raft ( https://www.raft.fi/ ) Joe Cawley and Brad Nickel cover the DeFi news of the day, new opportunities in the space including liquidity pools, yield farming, staking, and much more. This is not financial advice. Nothing said on the show should be considered financial advice. This is just the opinions of Brad Nickel, Joe Cawley, and our guests. None of us are financial advisors. Trading, participating, yield farming, liquidity pools, and all of DeFi and crypto is high risk and dangerous. If you decide to participate, do your own research. Never count on the research of others. We don't know what we are talking about and you can lose all your money. Never invest more than you can afford to lose, because you probably will lose it all. --- Support this podcast: https://podcasters.spotify.com/pod/show/missiondefi/support
Episode summary: Evacuations in Minnesota occur after fiery derailment of train that carried ethanol. Republican tells lobbyists it's “hackish” to blame bank failures on deregulation. The Washington Post and Ipsos ask nearly 400 AR-15 owners why they own the rifle. Anti-Obamacare law comes back to bite Republicans on abortion. BUSD hears wrenching allegations of abuse. HOSTS: Cenk Uygur (@CenkUygur) & Ana Kasparian (@AnaKasparian)SUBSCRIBE on YOUTUBE: ☞ https://www.youtube.com/user/theyoungturksFACEBOOK: ☞ https://www.facebook.com/theyoungturksTWITTER: ☞ https://www.twitter.com/theyoungturksINSTAGRAM: ☞ https://www.instagram.com/theyoungturksTIKTOK: ☞ https://www.tiktok.com/@theyoungturks
Episode summary: Nashville shooter was ex-student with detailed plan to kill. Maxwell Frost slams Republican "cowards" who won't back gun control in fiery floor speech: "Not giving a damn." Conservatives blame transgender hormone drugs for Nashville shooting. "We're going away": A state's choice to forgo medicaid funds is killing hospitals. BUSD hears wrenching allegations of abuse. HOSTS: Cenk Uygur (@CenkUygur) & Ana Kasparian (@AnaKasparian)SUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/user/theyoungturksFACEBOOK: ☞ http://www.facebook.com/theyoungturksTWITTER: ☞ http://www.twitter.com/theyoungturksINSTAGRAM: ☞ http://www.instagram.com/theyoungturksTIKTOK: ☞ https://www.tiktok.com/@theyoungturks
In crypto news today the CTFC sues Binanace and its CEO CZ and states Bitcoin, Ethereum, Litecoin, Tether, BUSD are commodities. MicroStrategy buys more Bitcoin.Chinese banking giants seeking partnerships with Bitcoin and crypto firms in Hong Kong after China mainland ban.
Today's blockchain and cryptocurrency news Bitcoin is up slightly at $22,368 Ethereum is up 1% at $1,596 Binance Coin is up .5% at $298 Filecoin up 20% Aptos up 18% Litecoin up 15% SVB crisis mitigated. Crypto-friendly Signature bank was shuttered over the weekend. CZ rotates 1B in BUSD to BTC, ETH, BNB Euler Finance flash loan attack Learn more about your ad choices. Visit megaphone.fm/adchoices
In-person at ETH Denver, crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest crypto news. This week, Kyle Samani, scion of Solana, joins the show. Show highlights: why Coinbase decided to launch Base, a layer 2 on Ethereum and whether developers are building on it how Coinbase might make money from it whether it will be a permissioned, KYC'ed chain that requires users to reveal their identities Kyle's opinion on the allegedly fraudulent operations of FTX, in which his firm, Multicoin Capital, was an investor how due diligence changed in the investing space after the collapse of FTX what the future of Paxos looks like now that its primary source of revenue, BUSD, was impacted why Kyle thinks the latest nearly 20-hour outage of Solana is different from previous outages what he's excited about in Solana now how Jump, a VC firm, was able to “hack back” $150 million in previously stolen assets after a court order Hosts Haseeb Qureshi, managing partner at Dragonfly Tarun Chitra, managing partner at Robot Ventures Tom Schmidt, general partner at Dragonfly Guest Kyle Samani, managing partner at Multicoin Capital Disclosures Links Base Unchained: Coinbase Launches Ethereum Layer 2 Network ‘Base' Video Solana Unchained: Solana Attempts Two Chain Restarts After Near 20-Hour Outage FTX Unchained: FTX's Nishad Singh Charged With Fraud After Guilty Plea Wormhole Coindesk: Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack Learn more about your ad choices. Visit megaphone.fm/adchoices
A settlement with Kraken, a proposed custody rule, and lawsuits against Paxos and Terraform Labs. “This week has been a very long year,” said Polygon Labs Chief Policy Officer Rebecca Rettig. She joins Coinbase Chief Legal Officer Paul Grewal to interpret what's going on with the SEC. Is it just one big push to cripple the crypto industry? “The fact that we're all … trying to read tea leaves speaks to a failure in the system that relies upon one-off enforcement actions rather than a public rulemaking process,” said Grewal. Show highlights: how the implosion of FTX sped up regulatory actions whether the SEC will go after other staking services why the statement that crypto firms should just register with the SEC is “disingenuous” what seems to be behind the decision to target the BUSD stablecoin whether SEC enforcement actions will be detrimental to innovation in the U.S. what features would make stablecoins securities why the SEC is alleging that the UST stablecoin is a security why “expansion of jurisdiction” is at the heart of the SEC's proposed crypto custody rules why Paul thinks that forcing crypto innovation offshore could become a national security issue for the U.S. Thank you to our sponsors! Crypto.com FTSE Halborn NYU Guests: Paul Grewal, Chief Legal Officer at Coinbase: Twitter Rebecca Rettig, Chief Policy Officer at Polygon Labs: Twitter Links WIRED: Confusion Spirals in Crypto as the US Cracks Down Unchained: Circle Told NYDFS That Paxos-Issued BUSD Wasn't Fully Backed SEC Wants Tougher Rules for Crypto Custody SEC Sues Do Kwon and Terraform Labs WSJ: Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token Regulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin Bloomberg: US Crackdown Seeks to Push Crypto Back to the Fringes of Finance SEC: Pocketful of Quarters, Inc. Statement on Safeguarding Advisory Client Assets Proposal CoinDesk: SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms Jesse Powell's tweet Learn more about your ad choices. Visit megaphone.fm/adchoices
RMD - Required Minimum distributions. Should you take them early in the year?Qualified Dividends - Did you know that most stock dividends quality for special lower tax rates?BUSD - Another crypto currency is strugelling.
Mike Selig, counsel at Willkie Farr, has plenty to talk about this week, with a slew of actions from Gary Gensler's SEC putting the future of crypto in the U.S. in question. From Kraken's custodial staking settlement to action against BUSD issuer Paxos, the former CFTC law clerk voices concern that coordination among regulators could choke off the industry's growth. Hear how Selig thinks Gensler's SEC is working to bring crypto markets “within the regulatory perimeter.” Show highlights: whether regulators are using the FTX case to go against crypto as a whole what likely caused the NYDFS action against Paxos for BUSD whether there's a coordinated effort to undermine the crypto markets how issuers could argue that stablecoins aren't securities why there are limited implications for staking as a whole after Kraken's SEC settlement how the regulators are “discouraging access and participation in crypto markets at the banking level” the differences between Gary Gensler's SEC and that of his predecessor, Jay Clayton how the Gensler administration is skeptical of governance and DAOs why the SEC's crypto custody rule proposal is refreshing, albeit not perfect Thank you to our sponsors! Crypto.com Guest Mike Selig, counsel at Willkie Farr Twitter Links Unchained: Circle Told NYDFS That Paxos-Issued BUSD Wasn't Fully Backed SEC Wants Tougher Rules for Crypto Custody CoinDesk: SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms WSJ: Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token Regulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin - WSJ The Block: SEC action against Paxos paints regulatory target on stablecoins Tom Wan on the ramifications of Paxos being ordered to stop issuing BUSD Bloomberg: US Crackdown Seeks to Push Crypto Back to the Fringes of Finance Learn more about your ad choices. Visit megaphone.fm/adchoices
Matt and Nic return for another week of news and deals. In this episode: Is peak FUD in? Is this the ‘custody rule rally'? OTB is keeping the deals of the week House is probing the connections between FTX and the SEC SBF is banned from using a VPN Is SBF a secret sports fan? SBF's bail cosigners are unmasked SBF VC investors are hit with a class action lawsuit SEC sends Paxos a Wells notice Circle dispells Wells notice rumors Is the SEC going after all stablecoins or just BUSD? What does Reves say about stablecoins being securities? Tether is the beneficiary of the crackdowns in the US Can US regulators really go after Tether? How Paypal deposits are like stablecoins What's in the SEC's custody rules? Changes to market structure if the SEC's custody rules go through Binance suggests that they are ready to settle up with US regulators
In today's episode of Empire, we start with a deep regulatory discussion with Kristin Smith and Rebecca Rettig to explore Gary's attack on crypto. We cover the SEC's attack against Kraken and BUSD, tokens as securities, market implications, what to expect next and more! Santi and Jason co-pilot the last 25 minutes to discuss Blur's airdrop, the battle for NFT market share, the L2 wars and Flashbots' new MEV-Share product. This episode covers everything you need to know from this wild week! - - Timestamps: (00:00) Introduction (02:55) An attack on Stablecoins? (06:34) Kraken and staking services (10:22) Why is Gary gunning for crypto? (14:09) The Implications and path forward (27:37) What if tokens were deemed securities? (32:30) Blockworks Research (34:05) How should crypto companies respond? (40:22) Regulation segment recap (51:25) Blur's airdrop, OpenSea losing market share (59:10) L2 Wars, Flashbots MEV-Share, Sushi Studios - - Follow Santi: https://twitter.com/santiagoroel Follow Jason: https://twitter.com/JasonYanowitz Follow Kristin: https://twitter.com/KMSmithDC Follow Rebecca: https://twitter.com/RebeccaRettig1 Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources Blockchain Association https://twitter.com/BlockchainAssn Polygon https://twitter.com/0xPolygon Empire podcast with Rebecca Rettig and Jake Chervinsky https://spoti.fi/3YTMfoh Flasbots MEV-Share article http://bit.ly/3S7g9TO Categorizing different zk implementations (a Twitter thread) https://twitter.com/pseudotheos/status/1622698514475061252?s=20 - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Ron Hammond of the Blockchain Association joins me to talk government enforcement actions against Crypto, SEC Kraken Staking, Paxos BUSD, Stablecoins, FTX and Sam Bankman-Fried, Gary Gensler, Crypto regulations and hearings and more.
Today's blockchain and cryptocurrency news Bitcoin is up slightly at $24,576 Ethereum is up .5% at $1,687 Binance Coin is up slightly at $319 Green market sees 6mo high for BTC, causes 200M in liquidations. SBFs bail co-signers revealed: friends of parents from work. Tornado Cash dev Alexey Pertsev still behind bars in NL. Blur escalates fight with OpenSea USDT gains on BUSD's decline. Learn more about your ad choices. Visit megaphone.fm/adchoices
0:00 Predictions 7:37 Mass Shootings 8:31 Ohio Gas Cloud 17:21 Ford Electric Trucks 28:18 Dogecoin 33:16 Illinois Schools 48:03 Energy Crisis 56:40 War 1:09:47 Pure Blood Dating 1:20:14 Wind Turbine Collapse - Michigan State mass shooter was let off an earlier felony charge by a left-wing DA - Fighter jet audio confirms mystery objects being shot down were birthday balloons - More chemicals revealed in the Ohio train crash and intentional IGNITION of the vinyl chloride - Massive media cover-up continues as fish and animals die off, humans exposed to cancer chemicals - Thousands of farms impacted, food production will suffer for years - Biden admin pushing banks to cut off all financial ties to entire #crypto industry - Binance stablecoin BUSD shut down by regulators; billions of dollars leave Binance - ZERO literacy demonstrated by students in #Chicago public schools - Switzerland suffering high inflation as energy costs skyrocket - Europe has spent nearly $1 trillion subsidizing electricity costs for citizens - French historian: World War III has already begun, spiraling out of control - Russia deploys nuclear armed ships into the Baltic Sea - Illinois Democrats pushing to REQUIRE EV charging stations in all new homes - But you won't be ALLOWED to own a gas stove - Democrats have no clue how the power grid operates - Ancient human relatives ran tool shops 1.2 MILLION years ago - Pureblood dating site called "Unjected" also serves as clean blood bank and fertility bank - Wind turbines keep falling over because green energy libtards don't understand physics For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, Polygon Chief Legal Officer Marc Boiron joins the show to examine the SEC's recent enforcement ramp-up. why Marc thinks NYDFS coming after Paxos is the most interesting thing to analyze in the SEC-BUSD spat whether the SEC and NYDFS actions against Paxos were coordinated whether a stablecoin is a security and why the SEC might be inclined to go after Paxos how a stablecoin could resemble a money market fund whether the SEC action against BUSD consolidates Tether's dominance why Robert is nervous about the ramifications of the Paxos situation for all of crypto the unique characteristics of Kraken's staking services that led to settlement with the SEC the meaning of the settlement for other custodial staking services and staking in general why Robert voted in favor of the Uniswap governance proposal why Haseeb is fine with how a16z voted in the proposal how on-chain governance should be approached Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Robert Leshner, founder of Compound Tom Schmidt, general partner at Dragonfly Capital Guest Marc Boiron, chief legal officer at Polygon Links Disclosures BUSD shutdown WSJ: Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token Regulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin The Block: Gensler: SEC has been 'clear' on cryptocurrencies Unchained: Circle Told NYDFS That Paxos-Issued BUSD Wasn't Fully Backed SEC vs. Staking Ethereum ETH Staking Deposits Kraken to Discontinue Unregistered Offer and Sale of Crypto Asset Staking-As-A-Service Program and Pay $30 Million to Settle SEC Charges Coinbase's staking services are not securities. And here's why. - Blog Uniswap governance drama Unchained episode on the topic: Chris Blec on Why He Believes a16z's Uniswap Vote Exposes DeFi as a Farce - Ep. 454 Wormhole vs. LayerZero posts Wormhole LayerZero Explanation video from Unchained Learn more about your ad choices. Visit megaphone.fm/adchoices
On today's episode, NLW updates on the Paxos situation. Paxos made a statement that it is willing to fight the Securities and Exchange Commission in court over whether BUSD is a security. The main part of the episode is focused on January's inflation data, which came in slightly higher than expected. NLW argues it's not enough for the Federal Reserve to consider shifting course. Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW - 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 BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Ibrahim Akcengiz/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
Join Craig, Rhys and Lou for this week's traders chat, where they discuss the actions the SEC have taken to crack down on staking in the USA, and how Binance's stable coin, BUSD is in trouble with the law. They chat about the charts and what we could expect this week in the markets as well. Learn How To Trade FREE eBook: https://bit.ly/2VoIDzDFREE Online Course: https://bit.ly/2WVD77X Discounts and Promotions Create a Bitget account and receive 10% off your trading fees: https://bit.ly/tcbgpcReceive the Crypto Cradle trading strategy plus more here: https://tradercobb.com/bitget-partnership/ Join the Trader Cobb Community! Discord: https://discord.gg/tradercobbYouTube: http://bit.ly/34M6GrdFacebook: http://bit.ly/2q1JBSCTwitter: http://bit.ly/33x7gsIInstagram: http://bit.ly/2K8vrWJLinkedIn: http://bit.ly/2PZTB9PTradingView: http://bit.ly/33FsXak Hosted on Acast. See acast.com/privacy for more information.
Last week, rumors swirled that Paxos was the next target for regulatory action. On Sunday, the Wall Street Journal reported the Securities and Exchange Commission was preparing a suit accusing the company of issuing an unregistered security. Then on Monday, the New York-regulated company announced it would cease issuing Binance USD after the state banking regulator said Paxos couldn't do so in a safe and sound manner. - 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 BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: ZU_09/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
The most valuable crypto stories for Tuesday, Feb. 14, 2023. "The Hash" squad weighs in on today's top stories, including Binance's Chief Executive Officer Changpeng “CZ” Zhao distancing himself from the Binance-branded stablecoin BUSD after regulatory action caused minting to cease. Plus, Bloomberg reports the U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms.See also: Binance Hires Former Gemini-Exec as Chief Compliance Officer: BloombergStablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory PressureSEC to Make It Harder for Hedge Funds to Work With Crypto Firms: BloombergThis episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Year-over-year CPI came in at 6.4% compared to an expected 6.2%.On today's episode, NLW updates on the Paxos situation. Paxos made a statement that it is willing to fight the Securities and Exchange Commission in court over whether BUSD is a security. The main part of the episode is focused on January's inflation data, which came in slightly higher than expected. NLW argues it's not enough for the Federal Reserve to consider shifting course. -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 BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Ibrahim Akcengiz/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Paxos announced it will cease issuing BUSD after action by the NYDFS.Last week, rumors swirled that Paxos was the next target for regulatory action. On Sunday, the Wall Street Journal reported the Securities and Exchange Commission was preparing a suit accusing the company of issuing an unregistered security. Then on Monday, the New York-regulated company announced it would cease issuing Binance USD after the state banking regulator said Paxos couldn't do so in a safe and sound manner. -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 BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: ZU_09/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today's blockchain and cryptocurrency news Bitcoin is down .5% at $21,646 Ethereum is down .5% at $1,484 Binance Coin is down 1.5% at $291 Coinbase CEO Brian Armstrong says the firm will defend its staking "in court" if necessary. SEC suing Paxos over BUSD. Limit Break QR code snafu during Super Bowl. UAE CBDC in the works. Wormhole exploiter may be staking ETH. Learn more about your ad choices. Visit megaphone.fm/adchoices
Today on “The Breakdown,” NLW catches up on some crypto cleanup stories from earlier in the week. He looks at community reactions to research uncovering that at times in 2020 and 2021 Binance peg BUSD was undercollateralized by as much as $1 billion, as well as to the latest fire and fury around Silvergate Bank. Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW - 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 BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Antonio Masiello/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
The company admitted to some process challenges in the past, but says things are fixed now.Today on “The Breakdown,” NLW catches up on some crypto cleanup stories from earlier in the week. He looks at community reactions to research uncovering that at times in 2020 and 2021 Binance peg BUSD was undercollateralized by as much as $1 billion, as well as to the latest fire and fury around Silvergate Bank. -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 BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Swoon” by Falls. Image credit: Antonio Masiello/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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Tonight, Dee and Anand discuss Drake's new album, Revolve's earnings, Meta's layoffs, Twitter's leadership, Binance's FTX exit, Powerball's $1.9B pot, and America's midterm elections. Timeline of What Was Discussed: Drake brings the country together. (0:57) Congrats to Revolve! (15:31) Layoffs are coming over at Meta. (20:40) We are a ‘meme' society. Are you an Elon lover or hater? (30:30) FTX is a house of cards. (58:01) Powerball: Real or fraud? (1:01:00) Go Vote! (1:04:50) Related Links/Products Mentioned All the People Drake Disrespected on ‘Her Loss'— And Their Responses Earnings Beat: Revolve Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models — Simply Wall St Facebook Parent Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week Twitter Rolls Out Blue Check Marks for Paying Customers Twitter Now Asks Some Fired Workers to Please Come Back Jack Dorsey breaks his silence, owns 'responsibility for why everyone is in this situation' at Twitter Nets give Kyrie Irving six requirements to fulfill before he can return to team, per report FiveThirtyEight 2022 Midterm Election Forecast — FiveThirtyEight Donald Trump Prepares to Launch 2024 Campaign As part of Binance's exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash (BUSD and FTT). - CZ Binance on Twitter FUCK I LOVE THIS APP - GANDALF on Twitter Powerball jackpot grows to $1.9 billion after no winning ticket sold Connect with Group Chat! Watch The Pod For The Gram Tweet With Us Exclusive Facebook Content We're @groupchatpod on Snapchat