Author: CoinDesk

The most valuable crypto stories for Tuesday, Jan. 24, 2023. 

"The Hash" hosts discuss today's top stories, including Bloomberg reporting that Binance mistakenly kept collateral for some of the crypto assets it issues in the same wallet as funds belonging to its customers. This comes as Reuters reports that Binance processed $345.8 million worth of bitcoin (BTC) transactions for Bitzlato. Plus, the FBI says a pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge.

See also: ​​

FBI: North Korean Hackers Behind $100M Horizon Bridge Theft

North Korean Hacking Group Tied to $100M Harmony Hack Moves 41,000 Ether Over Weekend

Binance Mistakenly Mixed Crypto Exchange's Customer Funds With B-Token Collateral: Bloomberg

Binance Processed $346M of Bitcoin Trades for Crypto Exchange Bitzlato: Reuters

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This 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.

This week, we meet the online influencers who enticed victims into the BitConnect farce, and the pyramid-scheme model that allowed them to make millions doing it. 

"Crypto Crooks" is sponsored by Chainalysis.

It takes a village to scam the world. Or at least some YouTube channels. 

In the penultimate episode of “Crypto Crooks: BitConnect,” we talk to Scott Shaffer, who kept close tabs on the BitConnect team both before and after the collapse on his YouTube Channel, “Crypto Jedi.” He watched a series of charismatic, powerful YouTubers invite viewers into their pyramid scheme, getting richer with every fish they caught. And ultimately, he watched their greatest coup of all: turning their victims … into scammers themselves. 

Clips: 

• BitConnect Annual Ceremony 2017
• What happened to Carlos Matos and Bitconnect?
• TREVON JAMES: MY FINAL BITCONNECT RANT! 
• THE TRUTH About BitConnect, CryptoNick, Trevon James, and Craig Grant 

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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, Rob Mitchell, 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.

Signature Bank is pulling back services to Binance and other major crypto firms. 

On today’s episode, NLW breaks down the latest news from the weekend, including:

• Signature Bank limiting services, and what it means for the industry as a whole
• U.S. government seizing $700 million of assets associated with Sam Bankman-Fried 
• Genesis first-day bankruptcy hearing information 

(Genesis and CoinDesk are both subsidiaries of Digital Currency Group.)

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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.

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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 sponsor today is “Swoon” by Falls. Image credit: Craig Hastings/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.

Jaime Schmidt, Co-Founder of BFF and Club CPG joins the podcast to share her journey as a serial entrepreneur. From founding Schmidt’s Naturals to Club CPG to BFF, Jaime drops insight on how creating products and brands for niche interest groups has proven successful and that it doesn’t need to be a one-size-fits-all.

Jaime Schmidt has had great success across multiple endeavors and is recently known for co-founding BFF, whose mission is to educate women and non-binary people and onboard them into the world of Web3. She joins the podcast this week to share how she’s successfully launched brands in the Web2 and Web3 space and discusses how patience and timing are key in allowing communities to grow and extract the most value from their Web3 experiences.

Links mentioned from the podcast: 

• In pivotal case, Metabirkins to move to trial
• Jaime’s Book: Supermaker: Crafting Business on Your Own Terms
• Jaime’s Twitter
• Jaime’s Instagram
• BFF Website
• BFF Twitter
• BFF Instagram

Follow us on Twitter: 

• Sam Ewen
• Avery Akkineni
• CoinDesk
• Vayner3

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.

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 Monday, Jan. 23, 2023. 

"The Hash" group discusses today's top stories, including layer 1 blockchain Aptos’ APT token rising roughly 250% in the last two weeks. This comes as Cardano network saw a brief outage on Sunday that was automatically fixed within minutes. Plus, leaders of Argentina and Brazil will discuss a common currency this week and crypto app Tribes has raised $3.3 million in a pre-seed funding round.

See also: ​​

Aptos Token Price Doubles in Two Weeks Amid Strong NFT Interest

Brazil’s Second-Largest Private Bank Launches First Tokenized Credit Note

Cardano Network Quickly Recovers After Brief Node Outage

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This 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.

Why innovation is likely to come from unexpected places.

On this week’s “Long Reads Sunday,” NLW reads:

“Worldwide Grassroots Projects Can Lead Crypto Recovery” by Michael J. Casey

“Remembering Hal Finney on the 14th Anniversary of the First Bitcoin Transaction” by Daniel Kuhn 

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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.

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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 sponsor today is “Swoon” by Falls. Image credit: Mikhail Seleznev/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.

A roundup of the week’s most valuable crypto stories for Saturday, Jan. 21, 2023. 

Missed any episodes of “The Hash” this week? Today’s recap episode will get you caught up.

“Hash Headlines” rounds up this week’s headline stories, including:

• FTX Execs Donated Money to 196 Legislators
• FTX Token Surges as New FTX Head Reportedly Says Crypto Exchange Could Be Revived
• The Final Straw for Genesis

Links to the headlines:  

Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses

New FTX Head Says Crypto Exchange Could Be Revived: Wall Street Journal

Genesis Owes Over $3.5B to Top 50 Creditors 

Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure

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This 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.

A report after the World Economic Forum wraps up.

On this edition of the “Weekly Recap,” NLW looks at the discussions around crypto and blockchain from the World Economic Forum’s annual gathering in Davos, Switzerland. 

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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.

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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 sponsor today is “Swoon” by Falls. Image credit: GanzTwins/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.

The most valuable crypto stories for Friday, Jan. 20, 2023.

"The Hash" group discuss today's top stories: Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection in New York after being pummeled by two of 2022's biggest industry collapses. Both Genesis and CoinDesk are owned by the Digital Currency Group. Plus, the latest leadership confirmation at one of the largest crypto exchanges, Huobi.

See also: ​​

Genesis Owes Over $3.5B to Top 50 Creditors 

Crypto Trading Firm Cumberland DRW Disputes Genesis Exposure

Huobi, Confirming Justin Sun as Leader, Takes Aim at 'Rat Trading'

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This episode has been edited by Adrian Blust. 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.

The bankruptcy filing came late Thursday night.

After weeks, if not months, of speculation, Genesis has finally filed for Chapter 11 bankruptcy protection, citing more than $5.1 billion in liabilities. On today’s episode, NLW looks at the implications of the filing plus the battles to come. He also covers the FTX hearing on the suitability of representation by Sullivan & Cromwell.  

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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.

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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 sponsor today is “Swoon” by Falls. Image credit: ZargonDesign/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.