CoinDesk Podcast Network - THE HASH: Crypto Lender BlockFi Declares Bankruptcy Following the Collapse of FTX

This episode is sponsored by minima.global and Circle.


The most valuable crypto stories for Monday, Nov. 28,  2022.

"The Hash" team discusses the latest developments on BlockFi as the crypto lender announced it is filing for Chapter 11 bankruptcy protection, a day after suspending withdrawals amid the fallout from bankrupt FTX's collapse. In the meantime, BlockFi plans to restructure its operations. Also, Binance is getting more investors interested in its $1B raise for an industry recovery initiative. 


See also

Ether Drops as Large Investor Moves 73K ETH to Binance

BlockFi Files for Bankruptcy as FTX Contagion Spreads

California Finance Regulator Revokes BlockFi's Lending License

Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse

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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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Minima is a new layer 1 blockchain, designed to run in full on a smartphone. Join over 300,000 Minima node runners on the Incentive Program today, to start earning $MINIMA every day until Mainnet launch. Get your node setup and earn $MINIMA at minima.global/get-involved

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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.

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CoinDesk Podcast Network - BREAKDOWN: BlockFi Files for Bankruptcy, Becoming Latest FTX Domino

BlockFi has over 100,000 creditors.

This episode is sponsored by Nexo.io, Circle and Kraken.

On today’s episode, NLW returns to his usual daily programming with a review of crypto contagion that took place during the last week. He looks at BlockFi, which filed for Chapter 11 bankruptcy protection in New Jersey today, as well as Genesis and FTX itself. 

(Genesis Global Capital is a subsidiary of Digital Currency Group, the parent company of CoinDesk.) 

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Nexo Pro allows you to trade on the spot and futures markets with a 50% discount on fees. You always get the best possible prices from all the available liquidity sources and can earn interest or borrow funds as you wait for your next trade. Get started today on pro.nexo.io.

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Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.

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Kraken, the secure, trusted digital asset exchange, is our sponsor for today’s show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. You’re covered by industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com.

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“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 sponsors today is "Back To The End" by Strength To Last. Image credit: PM Images/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.



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The Daily Signal - TOP NEWS | Protests in China, Religious Freedom Fight in Senate, and Trans Activist Becomes Hospital Chaplain | Nov. 28

On today’s Daily Signal Top News, we break down:


  • Protests break out in China over the weekend over severe COVID-19 lockdown measures.
  • The Buffalo, New York gunman, who killed 10 people in May, pleads guilty. 
  • The Senate holds a vote on the so-called Respect for Marriage Act. 
  • A transgender activist is hired as a chaplais at a children’s hospital, The Federalist Reports. 
  • The White House announced its Christmas decor theme



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Motley Fool Money - China Protests Hit U.S. Stocks, NFL Viewing Hits New Record

Apple's manufacturing challenges are just one of the story lines coming out of the recent protests in China.

(0:21) Jason Moser discusses: - Black Friday's new record of $9 billion spent - How other retailers are competing with Amazon - NFL viewing on Thanksgiving Day setting new records

(9:33) Bill Mann discusses: - Rising unemployment among China's young adults - How municipalities are "drowning in debt" - The challenges of sourcing ingredients and manufacturing in China for U.S. companies like Apple and Procter & Gamble

Stocks mentioned: WMT, TGT, KSS, AMZN, ETSY, W, AAPL, SBUX, MCD, PG, YUMC

Host: Chris Hill Guest: Jason Moser, Bill Mann, Engineer: Dan Boyd

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Federalist Radio Hour - Inside The ‘Covert World’ Of High-Tech Policing

On this episode of The Federalist Radio Hour, Christopher Slobogin, professor of law at Vanderbilt University, joins Federalist Culture Editor Emily Jashinsky to discuss his new book "Virtual Searches: Regulating the Covert World of Technological Policing" and explain how regulations can protect Americans from unconstitutional search and seizures in the digital age.

You can find Slobogin's book here: https://nyupress.org/9781479812165/virtual-searches/

The Commentary Magazine Podcast - Are the Authoritarians Losing It?

James B. Meigs, our Tech Commentary columnist, joins the podcast today to talk about the protests in China and how they relate to what we know about the Chinese government’s response to COVID—and our own government’s response. Plus, is Elon Musk just acting crazy or is he up to something interesting? Give a listen. Source

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CoinDesk Podcast Network - GEN C: The Inevitability of Web3 With CMO of Vista, Ricky Engelberg

After ushering Nike into the digital era, CMO Ricky Engelberg discusses how he’s helping both businesses and creators understand the importance of community, innovation and brand management in his current role at Vista.

On this week’s podcast, Sam and Avery touch on the latest news in Web3, from JPMorgan registering a trademark for cryptocurrency wallets to Coachella’s lifetime NFTs stuck on FTX. This week’s guest, Ricky Engelberg talks about how to make onboarding people into Web3 easier, including not using the word phygital.

Links mentioned from the podcast:

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From our sponsor:

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 GENC to get 15% off your pass. Visit coindesk.com/consensus

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"Gen C" features hosts Sam Ewen and Avery Akkineni, with editing by Jonas Huck. Executive produced by Jared Schwartz and produced by Adrian Blust, Uyen Truong and Eleanor Pahl. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

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CBS News Roundup - World News Roundup: 11/28

A dramatic rescue as a small plane gets tangled in power lines. Struggling to get home from the holiday. Jay Leno back on stage. CBS News Correspondent Steve Kathan has today's World News Roundup.

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