THE HASH: Date Set for Staked ETH Withdrawals, FDIC Reportedly Demands Buyers of Signature Bank to Give Up Crypto

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4.7 • 698 Ratings

🗓️ 16 March 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Thursday, March 16, 2023. "The Hash" tackles today's hot topics: Will any potential buyer of Signature Bank be mandated to give up the bank's crypto business? Ethereum's long-awaited Shanghai upgrade now has an official target date. The Federal Reserve sets a launch date for instant payments. Plus, a U.S. bankruptcy judge rejects the government's request to halt Binance.US' buy of Voyager Digital's assets. See also: Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report Voyager-Binance.US Pause Denied by Bankruptcy Judge - This episode has been edited and produced by Adrian Blust. 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

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0:00.0	This is the hash podcast.
0:10.2	Stay informed with the latest on Bitcoin,
0:12.5	eat, the Metaverse, Web3, and more.
0:15.4	All on the hash for your ears.
0:18.9	You're listening to the Coin Desk Podcast Network.
0:25.1	Hey, everyone.
0:26.2	It's The Hash on Coin Desk TV.
0:28.0	Maybe you're listening to us.
0:29.3	And in that case, you're on the Coin Desk Podcast Network.
0:32.3	I'm Jen Sanasi on today's show.
0:34.3	We got Will Foxley, Adam B. Levine, and Zach Seward, who was doing a little
0:38.9	dance in the corner over there. Zach, we're kicking it up right to you. There is an update
0:45.6	with the Shanghai upgrade. We're here for the technology, and we're here to provide you updates on
0:50.2	the technology. Ethereum, the world's leading smart contract blockchain, it's poised for a major upgrade known as Shanghai,
0:56.7	and now we have an official date, April 12th.
1:00.5	Now, Shanghai is the one that lets people who stake their eth
1:04.3	way back in December 2020 to finally withdraw that eth,
1:10.0	potentially leading some validators to pull their stake,
1:14.1	while also potentially inducing others to come in and commit their ETH to securing the newly
1:20.3	proof of stake, blockchain known as Ethereum. A lot of people speculating whether or not this
1:25.0	is going to impact price at all. I think some
1:27.9	folks say maybe. Some folks say not so much, but that's what we will discuss here on the show right
	...

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