THE HASH: Bitcoin Soars Above $21K as Investors Await US CPI Report; FTX Ventures to Take 30% Stake in SkyBridge Capital
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 9 September 2022
⏱️ 26 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Friday, Sept. 9, 2022.
"The Hash" hosts discuss today's top stories, including bitcoin's (BTC) biggest single-day gain in two months, and FTX Ventures' investment in Anthony Scaramucci's SkyBridge Capital.
See also:
Crypto Investor FTX Ventures to Take 30% Stake in SkyBridge Capital
Bitcoin Jumps Most in 6 Months as Hopes for 2023 Rate Cut Persist
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This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This is the hash podcast. |
| 0:10.0 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with stories that matter to the crypto world. |
| 0:17.4 | All on the hash for your ears. |
| 0:20.6 | You're listening to the Coin Desk Podcast Network. |
| 0:26.5 | Hello, and welcome to the hash, CoinDest's daily show, where we discuss the big issues and |
| 0:32.6 | controversies of crypto for the day. |
| 0:34.9 | I'm here with Adam Levine and Sandali, who's, I'm so sorry, I'm forgetting |
| 0:39.9 | your last name while we're live on the air. Help me out. No worries. It's Handa Gama, but |
| 0:46.0 | suddenly is good. Stadali Handegama, who conveniently has our, uh, okay, that helps. |
| 0:52.5 | Sandali Hyundai Gama, who has our first story today about the latest in a long and |
| 0:58.3 | lengthening series of maybe bailouts by FTX. |
| 1:02.4 | Tell us more. |
| 1:04.2 | I will. |
| 1:04.8 | I liked Adam Side Eye over there. |
| 1:07.0 | FTX Ventures, which is the investment arm of Sam Bankman Freed's FTCTX Crypto Exchange, |
| 1:12.2 | has agreed to buy 30% of Skybridge capital for an undisclosed amount. |
| 1:17.8 | Skybridge is an alternative asset management firm founded by former White House Communications Director |
| 1:23.3 | Anthony Scaremucci. |
| 1:24.8 | The firm said it will use some of the funds to buy some $40 million |
| 1:29.7 | in cryptocurrencies to hold on its balance sheets. At the end of June this year, it held |
| 1:36.8 | around $2.5 billion in assets, of which $800 million were in digital assets. Earlier this |
| 1:42.9 | year, Skybridge also started a new investment |
... |
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