THE HASH: Crypto Industry's Banking Crisis; 'Vitalik' NFT Collection Takes Top Spot on OpenSea

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 9 March 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The most valuable crypto stories for Thursday, March 9, 2023. The digital asset industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. "The Hash" team discusses the latest developments. Plus, a non-fungible token (NFT) collection is rapidly rising in interest and value based on its association with the co-founder of Ethereum, Vitalik Buterin, although his direct involvement in the NFT drop has yet to be established. See also: Why Financial Analysts Missed Silvergate’s Red Flags 4 Potential Winners of the Silvergate Unwind Block.one Exits Silvergate Stake, Says Portfolio Firm Has No Exposure Crypto.com Struggles to Maintain Fiat On-Ramps in the Face of Crypto Banking Crisis Bitcoin Climbs Above $22K as Powell Softens Tone on Day 2 of Congressional Testimony - This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information. 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	Audible brings your wildest adventures to life, delivering heart-pounding thrills at the touch
0:05.8	of a button.
0:07.0	Take Richard Osmond's The Thursday Murder Club, where four retirees turned amateur sleuths
0:11.8	solve crimes in the most unexpected ways, brilliantly performed by Leslie Manville.
0:17.1	Ready to unleash your adventure aside, from pulse racing suspense to epic quests, from supernatural
0:22.6	chills to far-off romances, every story comes alive through world-class narration.
0:28.5	Explore exclusive audible originals, chart-topping new releases, and unforgettable bestsellers
0:34.4	that transport you from the very first word, because the next great
0:38.2	adventure is just a listener way. Start your free 30-day trial at audible.com slash
0:43.9	Wondery, UK. That's audible.com slash Wondery UK. This is the hash podcast.
0:59.6	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
1:05.0	All on the hash for your ears.
1:08.6	You're listening to the Coin Desk Podcast Network. Welcome to CoinDest TV. I'm Zach Seward. That's
1:15.0	Jen Sanasi, Will Foxley over there in the Brick Sell. We are here to get you up to speed on all
1:19.9	it's going on in the world of crypto and more. Plenty going on. A little bit of a crypto banking crisis
1:26.2	going on. And Jen is going to take a hack at that one
1:28.8	with the first story of the day. What do you go? All right. So in the face of this crypto banking
1:32.8	crisis, crypto.com is struggling to maintain its fiat on ramps. The exchange's current banking
1:38.9	partner is only accessible to users in the European economic area. And in other news, you'll remember, we spoke about
1:45.4	Silvergate yesterday, working with the FDIC to try and stay afloat. Now they are saying that they are
1:51.8	going to voluntarily liquidate and wind down operations. Zach, I'm going to toss this one off
1:58.8	to you. Where do we go from here? Yeah, we were talking just
	...

Please login to see the full transcript.

Previous episode | Next episode

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.