THE HASH: Bitcoin Soars Above $21K as Investors Await US CPI Report; FTX Ventures to Take 30% Stake in SkyBridge Capital

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4.7 • 698 Ratings

🗓️ 9 September 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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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 - I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code HASH20 for 20% off the General Pass. Register now: coindesk.com/ideas This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” 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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0:00.0	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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