THE HASH: Binance Reportedly Hid Extensive Links to China; North Korea Hackers Adopt New Trick to Launder Crypto
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 29 March 2023
⏱️ 24 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Wednesday, March 29, 2023.
The Hash" tackles today's hot topics: Binance hid substantial links to China for several years after the crypto exchange claimed to have left the country, according to documents reviewed by the Financial Times. New research shows that North Korean hackers are now using crypto cloud mining for their illicit activities. The U.K. drops its plans for a non-fungible token (NFT) issued by the Royal Mint. Plus, if you're a member of a decentralized autonomous organization (DAO) that is being sued, could you be liable for negligence? U.S. courts are wading into the murky topic.
See also:
Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows
Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase
North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows
Hacker vs. Hacker: North Koreans Attempt to Phish Euler Exploiter of $200M in Crypto, Experts Say
UK NFT Dropped Over Lack of Demand, Finance Minister Hunt Says
UK Treasury Cancels Plans for Government-Backed NFT
The Liability of DAOs and Their Founders Has Been Put to the Test in Court
-
This episode has been edited by Jonas Huck. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
-
Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus.
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 | This is the hash podcast. Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more. |
| 0:15.6 | All on the hash for your ears. You're listening to the Coin Desk Podcast Network. |
| 0:23.0 | Hey, everyone. |
| 0:23.9 | Happy Wednesday. |
| 0:24.9 | You're watching The Hash on Coin Desk TV. |
| 0:26.9 | And if you're using your ears, you're listening to us on the Coin Desk Podcast Network. |
| 0:30.8 | I'm Jen Sanassi. |
| 0:31.6 | We got Will Foxley on today's show and Danny Nelson, managing editor for Data and Tokens. |
| 0:36.8 | Danny, always such a pleasure to see you on The Hash. |
| 0:40.8 | Good to see you. Good to be here. |
| 0:42.2 | Will, you got our first story. |
| 0:43.8 | Danny, it looks so great this morning. |
| 0:45.2 | And technically, got to do a fact check already. |
| 0:47.9 | If you're listening and watching those, you're still using your ears either way. |
| 0:50.8 | It doesn't really matter. |
| 0:51.6 | It's true, Will, but like, come on. |
| 0:53.4 | You get what I meant. |
| 0:54.7 | Just some facts there to start off the day. Okay, it was turned over to Binance. Binance was also |
| 0:58.2 | a headlines for yesterday's top of show. Got to talk about them again. This comes from the |
| 1:02.5 | Financial Times who published a report saying that Binance hit extensive links to China for several |
| 1:07.6 | years. According to the documentation of Financial Times says that chief executive executive, Shanghai, also can refer to SCZ and other seniors at the company, |
| 1:16.2 | repeatedly told finance employees to hide the companies of Chinese presence. It's included |
... |
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 2025.