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CoinDesk Podcast Network

COINDESK DAILY: Tokens on WazirX Trade at Discount; Italy's Top Banks Complete Digital Bond Issuance on Polygon

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 19 July 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Host Jennifer Sanasie breaks down the news in the crypto industry from the tokens trading at a discount on WazirX after the exploit to top banks in Italy completing a digital bond issuance using blockchain rails.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as tokens on WazirX were trading at a steep discount following the exploit of the exchange. Plus, Galaxy Digital has acquired substantially all the assets of blockchain node operator CryptoManufaktur LLC and Italy’s top banks CDP and Intesa Sanpaolo completed a digital bond issuance using blockchain rails.

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and 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

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0:51.4

The North Korea linked exploiter that drained $230 million from Indian crypto exchange, Walser X, has converted most of those funds to ether, according to blockchain tracker look on chain.

1:02.2

The exploiter holds more than 59,097 eth as of this morning, worth around $200 million and another $15 million in various alts.

1:13.1

As a Friday morning, almost all tokens listed on the exchange traded at steep discounts to their global and local prices, a sign of poor

1:18.3

liquidity and immense selling pressure. The Bitcoin rupee dominated trading pair was down

1:23.0

22% in the past 24 hours, and the Shiba-inu-Rupi pair was down 30%.

1:27.8

Galaxy Digital has acquired substantially all the assets of blockchain node operator,

1:33.1

crypto-manufacter, LLC, in a deal that will increase the company's Ethereum assets under stake by about 43%.

1:40.3

CMF started in 2020, was originally launched to build infrastructure for the blockchain

1:44.5

Oracle project Chainlink and later expanded into running automated proof-of-stake node

1:49.2

deployment infrastructure on Ethereum.

1:51.4

The deal comes with about a billion dollars of Ethereum assets under stake, rising galaxies

1:56.0

total to $3.3 billion.

...

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