COINDESK DAILY: 'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 8 November 2024
⏱️ 3 minutes
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Summary
Host Christine Lee breaks down the news in the crypto industry from the surge in Cardano's ADA token to the scrutiny Polymarket faces in France.
Cardano's ADA token surged as a top chief to Cardano founder Charles Hoskinson said there's a "high likelihood" he could become Trump's crypto advisor. Plus, France's gambling regulator is examining the operations of Polymarket and WonderFi's CEO has been released after being abducted. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee, Jennifer Sanasie, Melissa Montañez and edited by Victor Chen.
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Transcript
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| 0:00.0 | Bitcoin's new record in France considers banning polymarket. |
| 0:04.3 | This is Coin Us Daily. I'm your host, Christine Lee. |
| 0:11.6 | Bitcoin making several attempts to establish a foothold above $76,000 Friday, BTC adding 1.7% in the last 24 hours after touching its all-time high of over $76,900 |
| 0:24.9 | Thursday afternoon in the U.S. per coin-esque indices data. The broader digital asset market rising |
| 0:31.2 | in part because of outsized gains from Cardano's ADA token, which is 20% higher at about 45 cents. This as I.O.H.K. President, |
| 0:41.7 | Tamara Hassan responds to social media speculation that Charles Hoskinson, the founder of Cardano and |
| 0:47.3 | I.O.H.K. could become the crypto advisor for the incoming Trump administration. Hassan posting |
| 0:53.1 | on X, there's a high likelihood they will pick Hoskinson, would be a wise decision. |
| 0:59.2 | A French man made big money on polymarket and French regulators are not happy about it. |
| 1:04.6 | A spokesperson for France's National Gambling Authority telling Coindes, quote, |
| 1:08.9 | we are aware of this site and are currently examining |
| 1:11.9 | its operation and compliance with French gambling legislation. The Big Whale reported Wednesday that |
| 1:17.3 | the French regulator is expected to ban access to the predictions betting market site soon. The |
| 1:22.5 | scrutiny comes as the Wall Street Journal reports, a French national profited $50 million betting on Donald Trump |
| 1:29.1 | winning the U.S. election despite polls indicating the contest would be a toss-up. |
| 1:33.7 | Crypto-Twitter reacting, quote, a French guy wins $47 million on polymarket and France immediately |
| 1:39.9 | goes, thank you for the tax. We will consider banning this now. You do not hate bureaucrats |
| 1:45.4 | enough. The CEO of Wonderfi, a publicly listed crypto holding company that owns one of Canada's |
| 1:51.5 | largest crypto exchanges, has been safely released after he was kidnapped. Canada's CBC reporting |
| 1:57.5 | that Dean Skirka was forced into a car during rush hour in Toronto and was released |
| 2:02.5 | unharmed after paying a ransom of $1 million Canadian dollars worth over $720,000 U.S. |
| 2:10.1 | Skirka stating, quote, client funds and data remain safe and were not impacted by this incident. |
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