THE HASH: Do Kwon Sentenced to Four Months in Montenegro Jail; Alibaba Taps Crypto Friendly Joseph Tsai as Chairman
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 20 June 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
This episode is sponsored by PayPal.
The most valuable crypto stories for Tuesday, June 20, 2023.
"The Hash" explores today's top stories in crypto, including Terraform Labs founder Do Kwon being sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. Separately, Alibaba announced Joseph Tsai, one of its founders, will step into the role of chairman at the company this September. Plus, EDX Markets, which has funding from financial heavyweights like Charles Schwab, announces the launch of its digital asset market. And, Binance has set up Lightning nodes on the Bitcoin network.
See also:
Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case
Alibaba's Crypto-Friendly Joseph Tsai Set to Become Chairman
Binance Sets Up Bitcoin Lightning Nodes to Ease Deposits and Withdrawals
This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This episode of The HASH is sponsored by PayPal. |
| 0:10.6 | This is the HASH podcast. |
| 0:13.2 | Stay informed with the latest on Bitcoin, ETH, The Metaverse, Web3, and more. |
| 0:18.5 | All on the Hash for your ears. |
| 0:22.1 | You're listening to the Coin Desk Podcast Network. |
| 0:25.8 | Hey there. |
| 0:26.8 | Welcome to Hash here on CoinDest TV and the CoinDesk Podcast Network. |
| 0:30.9 | It's a happy Tuesday. |
| 0:32.5 | I'm Zach Seward. |
| 0:33.3 | We got Wendy O. |
| 0:34.1 | We got Will Foxley and we got Chen Sanassie. |
| 0:36.8 | We're going to get you up to speed. |
| 0:38.0 | And I'm going to toss it straight to Wendy for our first story of the day. |
| 0:41.0 | What do you got? |
| 0:41.3 | Yay. |
| 0:42.4 | We finally have a good, positive media piece on Binance, which I'm very excited about |
| 0:46.9 | because it seems that many mainstream media outlets have just absolutely gone after them |
| 0:52.8 | ever since the start of last bull market and I wonder why that |
| 0:56.0 | could be. Anyways, let's talk about it. Binance sets up Bitcoin Lightning nodes to ease deposits |
| 1:00.9 | and withdrawals. They've started their Lightning nodes ahead of supporting Bitcoin's Lightning Network |
| 1:04.9 | for deposits and withdrawals and said there's still some more tech work to be done and they're |
| 1:09.2 | going to be providing an update once Lightning is fully integrated. Will, should I explain what Lightning Network is or |
... |
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