THE HASH: DOJ Reportedly Told to Investigate Binance for Potentially Lying to Lawmakers; Lens Protocol Raises $15M
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 8 June 2023
⏱️ 26 minutes
🧾️ Download transcript
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.”
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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. |
| 0:22.0 | 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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