meta_pixel
Tapesearch Logo
Log in
CoinDesk Podcast Network

COINDESK DAILY: Coinbase Earnings Preview; DWF Labs Dismisses a Partner After Drugging Allegations

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 30 October 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Host Christine Lee breaks down the news in the crypto industry from bitcoin's price movements to DWF Labs dismissing one of its partners after the drugging allegation. Bitcoin is trading sideways around the $72,000 level after approaching an all-time high. Plus, analysts expect a further slowdown in Coinbase's spot trading volume in the third quarter and DWF Labs fires one of its partners after drugging allegations. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today. - This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee, Jennifer Sanasie, Melissa Montañez and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Bitcoin so close to its nearly 74,000 lifetime record high.

0:05.4

This is CoinDust Daily.

0:06.8

I'm your host Christine Lee.

0:12.7

Bitcoin range bound between 71,800 to 72,800 during the U.S. morning trade Wednesday.

0:20.0

After hitting a ceiling the day before, just shy of its $73,798 lifetime high hit in March.

0:28.5

The broader digital asset market is also muted, trading flat in the last 24 hours, according to the coin S-20, with ETH gaining about 3% and Seoul losing about 2%.

0:40.4

Wall Street analysts expect a further slowdown in spot trading volume for Coinbase in the third quarter,

0:46.6

partly triggered by a lack of catalysts for crypto and an uncertain regulatory environment heading into the presidential election.

0:54.5

The crypto exchange is scheduled to report earnings post-market Wednesday

0:58.1

and is expected to experience a revenue decline of about 13% in the third quarter,

1:04.0

according to estimates on fax set.

1:06.8

Earnings per share are forecasted to be 46 cents up from 14 cents in the second quarter.

1:12.7

Crypto training firm DWF Labs firing one of its partners following social media allegations

1:18.7

that one of its employees had spiked a woman's drink at a Hong Kong bar.

1:24.1

DWF saying in a news release it dismissed a partner from quote, management and operational

1:29.8

roles effective immediately and called the allegations deeply concerning.

1:35.4

Earlier Tuesday, ex-account Hanna Not Sari posted that on October 24th, a partner at

1:41.3

DWS invited her to a bar to discuss a job opportunity and was caught on camera

1:46.7

drugging her. The post did not name the person but said police had been contacted.

1:52.4

That's it for Quinas Daily this afternoon. Check out updates on the sentencing of former

1:57.1

FTX engineering chief Nishad Singh on Quaidas.com. We'll see you next time.

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2026.