THE HASH: BIS Warns DeFi May Exacerbate Volatility; Gemini Back Online After Being Down for Over 7 Hours

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CoinDesk

News, Business News, Tech News, Daily News

4.7 • 698 Ratings

🗓️ 16 December 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by Bitstamp and the Galaxy Brains Podcast. The most valuable crypto stories for Friday, Dec. 16, 2022. "The Hash" team discusses some of the top news stories shaping the crypto markets today. New papers from the Bank for International Settlements (BIS) said that decentralized finance (DeFi) could lead to bumpier financial markets and may not fix problems of large intermediaries dominating. Plus, crypto exchange Gemini is back online after being down for over seven hours due to scheduled maintenance, the firm said. See also: DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Bitstamp is the longest-running crypto exchange and was recently rated #1 in the world by CryptoCompare. Regulation, transparency, and security are pillars that ensure customers' funds are safe; it’s the Bitstamp way. Learn more about how your crypto is always yours at bitstamp.net. - Galaxy Brains: Whether it’s breaking down market volatility or analyzing the latest development, come for the latest market insights from our in-house trading professionals and renowned experts from across the industry. Stay for the occasional rap from host Alex Thorn. Check out the latest episodes here: https://www.galaxy.com/research/podcasts/galaxy-brains/?utm_source=Hash&utm_medium=podcast&utm_id=CoinDesk 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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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.6	This episode of The HASH is sponsored by BitStamp and the Galaxy Brains podcast.
1:02.4	This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
1:10.1	with stories that matter to the crypto world,
1:12.4	all on the hash for your ears.
1:15.9	You're listening to the Coin Desk Podcast Network.
1:21.0	Hey there, it's me, Zach Seward.
1:22.9	You're watching The Hash on CoinDest TV.
1:24.9	Happy Friday.
1:25.6	It's one day after those Trump NFTs
1:28.0	NFTs dropped and got the whole place worked up. Oh my goodness. Anyway, I'm with Adam Levine,
1:34.8	Jensenassie, and Will Foxley. We're going to talk about maybe a bit more boring stuff to start.
1:40.0	Adam, take it away. Yeah, thanks, Zach. Our first story of the day, I swear I speak English,
	...

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