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This episode of Markets Daily is sponsored by Cracken.

It This episode of Markets Daily is sponsored by Cracken. It's Wednesday, August 9th, 2020, and this is Markets Daily from CoinDusk.

George Kulut is here again with a featured story. On today's show, we're taking a look at

LIBOR. And just a reminder, Coinondesk is a news source and does not provide

financial advice.

I'll be reading an opinion piece by Demetri Gushchen, the chief operating officer and co-founder

of Endotech.io, titled,

Crypto's path forward could follow the financial world's departure from LIBOR.

The world is officially done with the London Interbank Offered Rate, or LIBOR,

which was a benchmark lending rate that drove the financial industry, and therefore the

business world,

for more than four decades. Starting this month, the secured overnight financing rate,

...