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CoinDesk Podcast Network

THE HASH: Headlines | Top Stories of the Week 08-21-23

CoinDesk Podcast Network

CoinDesk

Tech News, Business News, Daily News, News

4.7698 Ratings

🗓️ 26 August 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

A roundup of the week’s most valuable crypto stories for Saturday, Aug 26, 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: Friend.tech Becomes Massive Ether Money Machine Coinbase Squares Circle Sam Bankman-Fried's Defense Strategy FTX Wants Galaxy to Manage its Crypto Billions Links to the headlines:  Friend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join In Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains Will SBF’s ‘Blame-the-Lawyers’ Strategy Work? FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions 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 CoinDisk podcast network.

0:09.6

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

0:15.3

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

0:24.6

Mondays, coin desk is a new source and does not provide investment advice. Monday's top story.

0:28.4

This is the most exciting story because we're currently in a crypto bear market.

0:33.0

Crypto is going to zero.

0:34.0

Same with Bitcoin.

0:34.8

That's not financial advice.

0:36.2

That's a joke for the trolls.

0:37.9

But when I first saw this come out, I thought it was fiend tech. And I'm starting to kind of get

0:42.4

that vibe on crypto Twitter from some folks, because a lot of people are talking about privacy.

0:46.6

But we'll get into that. So friend tech becomes massive ether money machine as NBA players,

0:51.9

phase clan join in. And then Frentec also gains 100,000

0:55.3

users in days, even in depths of a bear market. So if you guys don't know, Frentec is a social

1:00.1

tokenization protocol. It's built on base, which is CoinBases open source blockchain. There's no

1:05.4

token affiliated with that. So if you see another base coin floating around, it's not affiliated

1:09.7

with base or Coinbase. So please be careful. Do your due floating around, it's not affiliated with base or coin

1:11.4

base.

1:12.4

So please be careful.

1:13.4

Do your due diligence.

1:14.4

And it's from invite only.

1:15.4

So if you don't have a friend code, you can't join.

...

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