Author: CoinDesk

The most valuable crypto stories for Thursday, March 2, 2023. 

Three U.S. senators have written to Binance, the world's largest crypto exchange by trading volume, asking for details about its money-laundering controls and accusing Binance of being a "hotbed of illegal financial activity," according to a Wall Street Journal report. Plus, a closer look at why shares of crypto-friendly lender Silvergate Capital are plunging.

See also:

Before Silvergate and After Silvergate

Binance a 'Hotbed of Illegal Financial Activity,' U.S. Senators Claim

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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.”

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Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

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

The failing bank has been abandoned by Coinbase, Paxos and Circle.

In today's episode, NLW discusses Silvergate Bank's painful collapse. In order to understand the industry's banking resources, he examines where the bank came from, why it became important to the industry and how it faltered.

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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso 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: Henrik5000 / Getty Images, modified by CoinDesk. 

Join the discussion at discord.gg/VrKRrfKCz8.

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.

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

Exploring the wide range of NFT use cases and future of Web3 media with Daisy Alioto, CEO of Dirt Media.

On “Carpe Consensus,” hosts Ben Schiller, Danny Nelson and Cam Thompson bring listeners up to speed on the latest news in crypto. Plus: Daisy Alioto, CEO of Dirt Media, describes building a Web3 publication from the ground up.

• [2:00] Inside the Desk: The offering of Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens might be securities, a federal judge ruled.
• [7:22] Cam’s Corner: Guest Daisy Alioto breaks down the rollout of Dirt’s NFT subscription service, building a Web3 community and the future of media.
• [21:41] Sam Ewen, head of CoinDesk Studios, describes how blockchain technology might save IRL events and how Microcosms, the Consensus NFT project, plays into that vision.
• [27:25] Danny’s Dungeon: Solana faced a late-night network mishap last weekend. Danny documents his journey to get the news out.

Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

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“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.

The most valuable crypto stories for Wednesday, March 1, 2023. 

Tensions have gone public between Aptos and Sui, two startup blockchains staffed by teams of individuals who emerged from Facebook's defunct Diem stablecoin project. Plus, "The Hash" hosts discuss Coinbase CEO Brian Armstrong's latest opinion piece published on CNBC. The crypto exchange executive explains how the U.S. can strengthen its status as a geopolitical powerhouse.

See also:

Disinvitation From Denver Crypto Conference Reveals Tensions Between Aptos, Sui Blockchains

Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns

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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.”

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Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

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

Singh has pleaded guilty to six counts and has agreed to cooperate with investigators. 

The latest big news, in the wake of FTX's collapse: Nishad Singh, former head of engineering, has pleaded guilty to six charges as well as a “no contest” to civil charges from the Securities and Exchange Commission and Commodity Futures Trading Commission. In today’s episode, NLW explores what we've learned from the charges, including new revelations about FTX's 2021 revenue.

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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso 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: erhui1979/ Getty Images, modified by CoinDesk. 

Join the discussion at discord.gg/VrKRrfKCz8.

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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.

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

Avery, Sam and Carly Reilly, the host of "Overpriced JPEGs," break down the events and ticketing industry and why NFTs and the blockchain can help rewrite the system.

Carly Reilly, the host of "Overpriced JPEGs," joins Avery and Sam on a joint episode to discuss how NFTs and the blockchain are changing IRL (in-real-life) experiences for attendees. They also introduce Microcosms, CoinDesk’s first NFT Pass for Consensus, VeeCon 2023 and the Overpriced Happy Hour tour. Reilly’s podcast touches on Web3, the metaverse and emerging technology and if non-fungible tokens are overpriced JPEGs or technology that will change the world.

Links mentioned from the podcast:

• Carly Reilly's Twitter
• Overpriced JPEGs’ Twitter
• Overpriced JPEGs Podcast
• Overpriced JPEGs NFT
• VeeCon 2023
• Microcosms, a Consensus 2023 NFT by Fahad Karim

Follow us on Twitter:

• Sam Ewen
• Avery Akkineni
• CoinDesk
• Vayner3

From our sponsor:

Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

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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.

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

Kamz is joined by Ketaki Shriram, Chief Technology Officer at Krikey, and Mariam Nusrat, founder and CEO of Gaming Revolution for International Development (GRID), to discuss the landscape of Web3 gaming and women leadership.

Shriram is a scientist, film producer, and wildlife photographer interested in the impact of immersive worlds on human behavior. She is currently the chief technology officer at Krikey, an AR gaming tools service she co-founded with her sister. Krikey recently closed its Series A round, led by Reliance Jio, India's biggest telecom operator. Shriram received her BA, MA, and PhD at the Stanford Virtual Human Interaction Lab. She previously worked at Google [x] and at Meta Platforms’ Reality Labs. Shriram was selected for the Forbes 30 Under 30 2020 Class in the Gaming category. You can learn more here: krikey.ai.

Nusrat was named to the “Forbes Next 1000 List,” which honors startups and businesses with less than $10 million in sales but limitless potential to inspire. She’s also building Breshna.io, a platform that empowers users to create, share and monetize their own purposeful Web3 video games, with no code and at lightning speed. Think Tik-Tok for video games.

Ketaki and Mariam discuss:

🎮 Why gaming in the Web3 space

👭 Why it’s important for women to become Web3 gamers

🕹️ The advantages of Web3 gaming for women

🎲 How you can start building your own Web3 games

Follow me on Twitter @KamalaAlcantara to stay up to date on the show and join our weekly Twitter Space!

This episode was produced and edited by Michele Musso with executive producer Jared Schwartz. Our theme song is ‘Twennysomething’ by Daniele Musto. Other music used is ‘Mind and Soul’ by Stefano Vita and ‘Electrolove’ by Lunareh. 

Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

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, Feb. 28, 2023. 

"The Hash" panel discusses the top headlines shaping the crypto industry today, including a closer look at why metaverse project Gamium’s native token GMM is climbing after the project announced deals with social-media giant Meta Platforms and telecommunications firm Telefonica. Separately, a 10-K filing reveals that Robinhood Markets received an investigative subpoena from the U.S. Securities and Exchange Commission regarding its crypto operations shortly after the FTX crypto exchange filed for bankruptcy protection in November.

See also:

Metaverse Token Gamium Surges 340% After Meta and Telefonica Partnership Announcement

Robinhood Received Crypto-Related Subpoena Request From SEC: 10K

Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters

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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.”

-

Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.

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

Yuga Labs announced TwelveFold, a generative art collection inscribed to Bitcoin.

In today’s episode, aside from fist-shaking at SEC Chairman Gary Gensler, NLW discusses an announcement from Bored Ape Yacht Club creator, Yuga Labs, that it is creating a generative art collection for Bitcoin with Ordinal inscriptions. As part of an emerging Bitcoin Builder moment, he argues, the move makes sense.

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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso 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: Noam Galai/ Getty Images, modified by CoinDesk. 

Join the discussion at discord.gg/VrKRrfKCz8.

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.

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

This week, we dig into the rise of Do Kwon, the enormous appeal of his almost magical algorithmic stablecoin – and the far less charmed reality underlying his machinations from the very start.

"Crypto Crooks" is sponsored by Chainalysis.

Do Kwon said he could print money out of thin air. Who could resist a sell like that? 

Welcome back to “Crypto Crooks.” This season, over the course of four episodes plus a bonus fifth on recent developments, we tackle Do Kwon and his so-called algorithmic stablecoin. We’re starting with the seductive appeal of the concept. Everyone, from crypto’s bigwig financiers to hundreds of thousands of retail depositors, was buying into the dream. 

But the fatal flaws of this collective fantasy were evident from the very start. It was only a matter of time before the death spiral began. 

Clip:

• Pomp & Mike Novogratz Bitcoin Fireside Bitcoin 2022 Conference 

Episode transcripts are available at coindesk.com/podcasts/crypto-crooks. 

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Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, web3 companies, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and business intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.

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“Crypto Crooks” is a CoinDesk Podcast Production. The executive producer is Jared Schwartz, with additional production by Eleanor Pahl, Nora Battelle, Jonas Huck, and Moon Beast. Fact-checking is by Amber Von Schassen, and sound design and music are by Altus Noumena. This show is written and voiced by David Z. Morris.

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