THE HASH: Headlines: Top Stories of the Week 10-15-22

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4.7 • 698 Ratings

🗓️ 15 October 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by ZenGo. A roundup of the week’s most valuable crypto stories for Saturday, Oct. 15, 2022. 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: PayPal Says it's 'Not Fining People for Misinformation’ Google Partners With Coinbase to Accept Crypto Payments for Cloud Services How Market Manipulation Led to a $100M Exploit on Mango Cryptocrime rises in October An interview with Sandy Carter from Unstoppable Domains Links to the headlines: Google Partners With Coinbase to Accept Crypto Payments for Cloud Services How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango October Becomes Worst Month for Crypto Hacks With Two Weeks to Go - This episode has been produced and edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is by Matt Wigton “Angeles Crest.” - ZenGo crypto wallet is an on-chain crypto wallet with no private key vulnerability, leveraging advanced cryptography called MPC. Get started at ZenGo.com/HASH and use code HASH to get $20 back on your first purchase of $200 or more. Terms and conditions apply. See site for details. 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 is sponsored by Zengo.
0:06.1	You're listening to The Hash Headlines on the CoinDest Podcast Network.
0:11.5	Get caught up on this week's top stories from the Hash crew.
0:16.9	And just a reminder, CoinDesk is a news source and does not provide investment advice.
0:26.5	Monday's top story.
0:31.0	Pretty crazy story unfolded starting on Friday and over the weekend.
0:36.4	PayPal published an update to its AUP,
0:39.8	acceptable use policy that indicated that any PayPal user who was deemed to have been
0:46.5	spreading misinformation would be fined $2,500 by the payments platform. Very quickly, PayPal issued a statement that claimed this was
0:58.6	an error, that this policy was never intended to be implemented. We can discuss that, but we also
1:06.4	have a lot of evidence that over the years, PayPal has, whether or not it's an explicit policy,
1:13.0	done something like this to various outlets and individual users. And it's just another
1:19.6	bit of financial censorship, as Zach said. And then we have a tweet here from David Marcus,
1:25.8	formerly a high up in PayPal saying that it is betraying its mission.
1:30.9	So, yeah, we have these centralized services that are willing to take your money if it's politically convenient for them.
1:37.2	Lots to discuss here. Jen, you seem disgusted.
1:41.7	Yeah, that's one way to put it. I think this story highlights a lot of things from me. One is that so
1:47.5	many people don't read the fine print. I think I personally get emails from PayPal every week
1:54.3	talking about updates to their terms of service and I'll be honest, I don't read them all the time.
1:59.5	And this was very jarring to read.
2:01.4	The apology for the confusing language just feels like such a cop out. It read like, I'm sorry
2:08.2	you realized what the term said. And so now we didn't really mean it because it was unlikely
	...

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