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THE HASH: Headlines | Top Stories of the Week 07-17-23

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 22 July 2023

⏱️ 23 minutes

🧾️ Download transcript

Summary

A roundup of the week’s most valuable crypto stories for Saturday, July 22, 2023.  Missed any episodes of “The Hash” this week? Today’s recap episode will get you caught up. “Hash Headlines” rounds up this week’s headline stories, including: Ripple's Court Victory in its Fight Against the SEC  Nasdaq Drops Plans for Crypto Custody Service FTX users Targeted by Potential Phishing Attack SBF Accused of Leaking Private Diary of Caroline Ellison to the New York Times.  Links to the headlines:   SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears SBF Accused of Leaking Caroline Ellison's Private Diary by U.S. DOJ 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

You're listening to the Hash Headlines on the CoinDisc Podcast Network.

0:08.8

Get caught up on this week's top stories from the hash crew.

0:15.8

And just a reminder, CoinDesk is a new source and does not provide investment advice.

0:26.3

Tuesday's top story.

0:36.2

SEC Gary Gensler, disappointed by part of Ripple, still assessing opinion and AI could play big role in the future financial crisis.

0:38.2

So I was just reading the little prompt that I had here because it pretty much sums it up. So basically what happened yesterday at an

0:41.9

event in D.C., Gary Gansler said he's disappointed with the court's decision in the Ripple case

0:46.2

regarding retail investors. But he's pleased that the part found that the institutional sale of

0:51.2

XRP did violate federal securities laws.

0:58.3

And then he went on to talk about AI, believes AI could destabilize the global economy if big tech monopolizes its development for financial market applications.

1:02.1

But the good thing about AI is, we all know that Gary Gensler is incapable of doing his job.

1:06.0

So people in AI that are working in that industry, they'll have no problem innovating

1:09.9

in the United States,

1:11.1

probably for the next 10 years because by the time the public servants get it together

1:15.0

and come up with some form of regulation, it will already have destroyed the United States

1:18.8

of America. So, congratulations, public servants.

1:22.4

I love a good Wendy O rant on a Taco Tuesday. It doesn't get much better than that.

1:27.3

Also, welcome back to the show,

1:28.6

Zach. You didn't get a proper welcome back. We missed you. Yeah, we missed you. Sorry, Zach. I was so concerned

1:34.4

about Gary. I had to just go off on him and saying, I love the pink. You look very touristy.

1:39.0

You look like, um, you look like you're on vacation still. You look like an 80s dad. Thanks. That's pretty much what I am.

1:45.2

But yeah, this is, there's so much has happened since I've been away.

...

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