Author: CoinDesk

A Consensus 2023 panel with Caitlin Long, Richard Booth and Oliver von Landsberg-Sadie.

The demise of three crypto-friendly banks, along with not-so-subtle pressure from U.S. regulators, exacerbated a longstanding problem. Ever since the early days of bitcoin, startups in the field struggled to obtain or keep basic bank accounts as traditional financial institutions feared regulatory and reputational consequences from associating with anything “crypto”-coded. Industry veterans discuss this perennial challenge and possible solutions.

Michael Casey, CoinDesk’s chief content officer, moderates alongside panelists:

• Richard Booth, chief compliance officer of Fortress Trust Company
• Oliver von Landsberg-Sadie, founder and CEO of BCB Group
• Caitlin Long, founder and CEO of Custodia Bank

This episode is executive produced by Jared Schwartz and edited by Ryan Huntington, with additional production assistance from Eleanor Pahl. Cover image by Kevin Ross and the theme song is "Get Down" by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.

On this episode of “Money Reimagined,” we are embarking on Part 2 of  Michael Casey and Sheila Warren’s conversation into the world of bitcoin and climate change with environmentalist and bitcoin mining OG Troy Cross, Professor of Philosophy and Humanities at Reed College and a Fellow at the Bitcoin Policy Institute.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The most valuable crypto stories for Thursday, May 25, 2023.

This episode is sponsored by Ciphertrace.

"The Hash" hosts discuss the biggest crypto stories of the day, including Tools for Humanity, the team behind Worldcoin, raising $115 million in a Series C funding round. Separately, basketball legend Shaquille O’Neal reportedly received a summons and complaint in the FTX class action lawsuit during Tuesday night's game between the Miami Heat and Boston Celtics. Meanwhile, Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral. And, crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network.

See also:

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital

Sam Altman’s Crypto Project, Worldcoin, Releases First Major Consumer Product

Binance Launching NFT Loan Feature

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

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Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

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This episode has been edited by senior producer Michele Musso and the 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.

Risk assets are down across the board, which raises concerns about Bitcoin's price. A lawsuit pertaining to smart contracts, open-source software, and token holders has been filed in response to federal sanctions on the Tornado Cash protocol.  

Today's Stories: 

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital

Black Market for Worldcoin Credentials Pops Up in China

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail

DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’

Market Watch Links: 

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?

Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama

Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis

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This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As French wallet-maker Ledger found recently, it's a struggle to maintain crypto's trustless ethos while increasing adoption.

On “Carpe Consensus,” hosts Ben Schiller, Danny Nelson and Cam Thompson recap the latest in crypto news.

• [1:04] Inside the Desk: Ledger’s hardware wallet “key recovery” feature was quickly met with criticism from the crypto community.
• [8:47] Danny’s Dungeon: Another “Bitcoin Pizza Day” has passed. What does this crypto-centric holiday mean in its 13th year?
• [13:50] Cam’s Corner: In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months, beating out Solana.

“Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Brave. 

We’re coming to you from the Brave Podcast Studio at Consensus 2023. Brave is the privacy browser used by almost 60 million people worldwide. It has everything you need to stay safe online. Check them out at brave.com.

'Consensus Conversations' host Michele Musso speaks with Josh and Jesse Berger co-founders of PKT Pal (Packetpal) a plug-and-play device that is designed for wifi sharing and mining of PKT tokens, all while keeping security a top priority.  

Josh and Jesse also are the founding community members of PKT Cash (Packet Cash) which has no company, similar to Bitcoin.

Links:

Curious how PKT cash works?

PKT Pal: PKT Cube Explainer Video

From our sponsor:

Brave is the privacy browser used by almost 60 million people worldwide. The built-in Brave Wallet is your secure passport to Web3. It supports over 100 chains, fiat purchases, swaps, NFTs, and even connects with other wallets and DApps. All right in your browser. No risky extensions, no spoofing. Learn more at brave.com/wallet.

This Episode of Consensus Conversations has been produced by senior producer Michele Musso, edited by Ryan Huntington and our executive producer is Jared Schwartz. Music is Get Down” by Elision and  Image credit: Kevin Ross.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The most valuable crypto stories for Wednesday, May 24, 2023.

This episode is sponsored by Ciphertrace.

"The Hash" hosts weigh in on the biggest stories shaping the crypto industry today, including ARK Invest founder Cathie Wood says the U.S. is 'losing' the bitcoin movement due to regulation. This comes as Elon Musk offers a warning about dogecoin. Separately, TRM Labs notes that attacks on token protocols and crypto projects dropped 70% in Q1 2023 compared to the same period last year. And, new research from both Chainalysis and Elliptic have put a number on how much fentanyl trade is done in crypto.

See also:

U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood

Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It?

Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers

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Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

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This episode has been edited by senior producer Michele Musso and the 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.

CoinDesk hosted a Survey at last month’s Consensus 2023 and despite the market turmoil over the past few months, investment managers remain steadfast in putting capital into digital assets. 

A Featured Story

Is an opinion piece by Angelo Calvello, Ph.D., co-founder of Rosetta Analytics, an investment manager that uses deep reinforcement learning to build and manage investment strategies for institutions. This featured story is titled: Consensus Survey–TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects.

On today's show, we discuss a CoinDesk conducted survey from Consensus 2023, that finds that despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets. With “60% of institutional investors and 64% of managers” believing the catalyst for investing or increasing their investment would be “clarifying the U.S. regulatory framework.”

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This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The most valuable crypto stories for Tuesday, May 23, 2023.

This episode is sponsored by Ciphertrace.

"The Hash" hosts discuss the biggest stories shaping the crypto industry today, including hardware wallet provider Ledger delaying the release of a key recovery feature. Meanwhile, Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam. Separately, new items on FTX CEO John Ray III's billing report suggest there is work underway for a reboot of the exchange. And, LabDAO, a decentralized autonomous organization focused on open-source drug discovery, has raised $3.6 million in a funding round.

See also:

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

LabDAO Raises $3.6M to Decentralize Drug Discovery

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Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

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This episode has been edited by senior producer Michele Musso and the 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.

Despite the ongoing debt ceiling death dance, Bitcoin and other tokens are trading higher. CoinDesk's "Markets Daily" has the latest news. 

Today's Stories: 

Jamie Dimon Warns QT Will Lead To More Bank Failures

Africa's First Test Run For A CBDC has Failed

South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

Market Watch Links: 

BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch 

First Mover Americas: Interest in Staking Ether Ramps Up

Crypto Market Near-Term Upside Is Likely Capped: Bank of America

Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares

This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.