meta_pixel
Tapesearch Logo
Log in
The Breakdown

Bitmain power struggle / Russian crypto intrigue / Don't call it a QE

The Breakdown

Blockworks

Investing, Business

4.8806 Ratings

🗓️ 31 October 2019

⏱️ 16 minutes

🧾️ Download transcript

Summary

Today was a quick news briefing: Bitmain power struggles as Jihan Wu pulls a coup to return China bans anti-blockchain sentiment  Russian crypto intrigue that could confirm the US' worst fears Coinlist raises $10m from Jack Dorsey (among others) The latest Fed action Watch: https://www.youtube.com/nathanielwhittemorecrypto

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to another Crypto Daily 3 at 3.

0:04.0

What's going on, guys? It is Wednesday, October 30th.

0:08.0

And so for the last few days, obviously I think anyone who's been hanging out has seen,

0:13.0

we've been a little bit more analysis-y, to use a word that doesn't exist.

0:18.0

You know, with the Libra hearing last week and then China going

0:22.5

blockchain crazy right after that, it's made sense to kind of be a little bit more interpretive

0:28.2

of the news and try to make sense of what it actually means and what conversations we should

0:32.3

be having and so on and so forth. But in the meantime, a ton of actual, just straight up,

0:36.8

actual factual news has been happening

0:38.5

as well. And so today I wanted to do something kind of the reverse of what we've been doing,

0:43.4

where we just go a little bit quicker through five different topics, pieces of news that I think

0:50.0

have been coming out. So we're going to talk about Ji Han Wu's coup at Bitmain and the drama surrounding

0:55.0

that. We're going to talk about just the latest out of China with regard to blockchain, because

0:59.8

that continues to come fast and furious. Third, we're going to talk about Russia. There's some

1:03.6

interesting crypto intrigue there. Fourth, we're going to talk about funding for coin list,

1:08.4

including from Jack, Dorsey. And fifth, we're going to talk about,

1:12.1

just very briefly touch on the latest news out of the Fed. So let's start with Bitmain, right?

1:18.6

So it's funny, like I had literally just gotten done on the 3 at 3 and narrative watch talking

1:24.7

about how the narrative of China as it relates to digital currencies

1:28.6

and digital assets in this whole space more broadly had upleveled from just kind of mining

1:34.5

companies going at each other's throats. When I turn around and all of a sudden, Jihon Wu has

1:40.2

basically plotted a coup and executed a coup to come back and kind of gotten rid of his

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Blockworks, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Blockworks and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.