THE HASH: FTX Phishing Attack Concerns; Future of Web3 Amid Hollywood Strikes

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4.7 • 698 Ratings

🗓️ 20 July 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Thursday, July 20, 2023. "The Hash" tackles today's hot topics, including several FTX users being targeted by a potential phishing attack after being sent a "reset password" request. Sam Bankman-Fried and FTX are also getting spoofed in a new animated comedy. StoryCo Co-Creator J.P. Alanís joins the show to discuss the future of Web3 entertainment amid the actors' strike in Hollywood. And, the U.S. Federal Reserve has launched its long-awaited instant payments service. See also: FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears Sam Bankman-Fried and FTX Get Spoofed in New Animated Comedy Starring T.J. Miller Hollywood’s Angry Creators Show Why Web3 Is Needed Fed Dramatically Speeds Up U.S. Payments With 'FedNow' Service, but Downplays Any Tie to CBDCs This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” 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.
0:10.4	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
0:15.7	All on the hash for your ears.
0:19.2	You're listening to the Coin Desk Podcast Network. Hey there. Welcome to the hash
0:25.1	live on CoinDest TV. Real time. It's real interesting. You never know what's going to happen.
0:30.2	I'm Zach Seward. We got Jen Sanassie. We got Will Foxley, and we are here to get you up to speed,
0:35.2	as always on the days. Crypt crypto news that stood out to us.
0:38.3	So I'm starting off today.
0:39.5	We got a pair of FTX stories.
0:41.3	Let's do this thing.
0:42.4	So FTX seemingly collapsed in a day, but the bankruptcy process does not play out as quickly.
0:49.4	We got two stories here.
0:51.4	First up, FTX users potentially targeted in a possible fishing attack. This is an
0:57.2	email sent to users from an official looking address saying reset your password. It's a little bit
1:02.0	suspicious, a little bit sketchy. We're not sure at this point based on the reporting if it's real
1:06.5	or if it was an attack out there by unsuspecting former FTX customers. That's one. Two,
1:13.6	FTCS bankruptcy process seeking to claw back $71 million from FTX's life sciences arm. FTCF
1:20.9	and SBF specifically, we're very keen on funding a lot of life sciences research that could
1:25.2	potentially do much good for the world. But FTCS
1:28.6	unwound and now the bankruptcy proceeding is trying to get back as much money as possible for its
1:33.8	many creditors. A couple of nuggets here, one on the Opsic end, one on the slow march toward justice.
1:40.8	I'm going to throw it to Will for his initial thoughts on this double shot of FTCS news.
	...

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