THE HASH: DOJ Reportedly Told to Investigate Binance for Potentially Lying to Lawmakers; Lens Protocol Raises $15M

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4.7 • 698 Ratings

🗓️ 8 June 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by PayPal The most valuable crypto stories for Thursday, June 8, 2023. "The Hash" explores today's hot topics in crypto: Binance may have lied to lawmakers about its business practices and the U.S. Department of Justice (DOJ) must investigate, Bloomberg reported, citing a letter from two Senate democrats. Aave's decentralized social-media platform, Lens Protocol, has raised $15 million to expand the "social layer" of Web3. Plus, stablecoin regulation is a sticking point between the G7 and G20. And, what to know about the upcoming Bitcoin halving event. See also: U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20 This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” From our Sponsor: PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new web3 applications with peace of mind knowing that PayPal has your back. Buy, Sell, Hodl, Transfer, Send, and Checkout with Crypto. All with PayPal. Get started today at PayPal.com/crypto. 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 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.
0:22.0	You're listening to the Coin Desk Podcast Network.
0:25.6	Hey, everyone.
0:26.7	You are watching The Hash on Coin Desk TV.
0:29.2	You may also be listening to us on the Coin Desk Podcast Network.
0:32.6	We are so happy to be here with you today.
0:34.7	I'm Jensen asdy.
0:35.7	We got Adam B. Levine and Will Foxley with us on a Thursday
0:40.7	and we're kicking it off with some more Binance news. Will, what do you got for us?
0:46.5	We cannot get away from the Binance or the Coinbase News. Just cannot get away from it.
0:51.7	That's okay. We'll stick with it and we'll power through it.
0:54.7	There's two U.S. senators asking for the DOJ to investigate Binance in regards to information
1:00.2	that is sent over to different departments regarding its relationship between Binance,
1:05.4	U.S. and Binance the International Agency.
1:08.3	Senators Elizabeth Warren of Massachusetts and Chris Van Hollen, also of
1:12.3	Maryland, and alleged the U.S. Attorney General Merrick Garland alleged that the crypto exchange
1:16.3	may have made false statements, including his affiliation with Binance U.S. Now, for those not in the
1:22.6	no, Binance U.S. essentially is a firm that has licensed the trading engine of finance and a few of its other
1:30.2	things, such as like its image and brand. And over the years, they've tried to be separate.
	...

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