THE HASH: How the Fashion Industry Connects With Crypto - Explained by Spatial Labs Founder

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CoinDesk

Business News, News, Daily News, Tech News

4.7 • 698 Ratings

🗓️ 4 November 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Friday, Nov. 4, 2022. 'The Hash' hosts discuss recent criticism of Aptos' "fair" token distribution following a wave of criticism from the project's community. In addition, Bloomberg reports that South Korean prosecutors suspect Do Kwon, the co-founder of Terraform Labs, may be in Europe. And also an interview with Founder and technologist Iddris Sandu as he explains how Spatial LABS connects the fashion industry with crypto. See also: Aptos CEO Defends 'Fair' Tokenomics That Prompted Community Backlash Terra's Do Kwon May Be in Europe: Report - This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Minima is a new layer 1 blockchain, designed to run in full on a smartphone. Join over 300,000 Minima node runners on the Incentive Program today, to start earning $MINIMA every day until Mainnet launch. Get your node setup and earn $MINIMA at minima.global/get-involved. - Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses. 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 Minima.global and Circle.
0:12.5	This is the hash podcast.
0:15.2	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
0:20.3	with stories that matter to the crypto world,
0:22.6	all on the hash for your ears. You're listening to the CoinDesk podcast network.
0:32.1	Hello, welcome to Friday's edition of the hash. We got the chief insights columnist at CoinDest, David Z. Morris,
0:38.8	joining me today. And as ever, the technology reporter, Sam Kessler, with us. We got a few
0:44.1	stories coming at you and an interview to end up the show. So stick around for that. David,
0:49.4	I'm going to throw this story. First to you, we got more Doquan alert going on right now.
0:54.7	Yeah, you felt that Doquan is getting played out. I disagree.
0:58.7	But this is a relatively small story.
1:01.1	We have an update coming via Bloomberg that it seems South Korean prosecutors have intercepted
1:06.0	a few chat messages of some sort that imply Doquan is located in Europe somewhere. And arguably,
1:12.7	more importantly, the chats also reportedly contain evidence that he was actively encouraging
1:19.3	people to manipulate some tokens that he remains involved in, apparently. You know, the second part
1:24.9	is more important because we have continued to circle around
1:28.4	the question of why South Korea exactly is pursuing Doquan. They have criminal securities charges
1:34.8	against him, but they have not laid out exactly the rationale for that. But there has been a lot
1:40.3	of suspicion that it involves market manipulation, and this seems to support that. Yeah, he's still on the run. He also, I think we may have a tweet that he made yesterday,
1:49.7	once again claiming that he's not on the run despite the fact that he hasn't disclosed his location.
1:54.4	So that's always fun. Sam, you have worked with me on some Doquan and Luna related stuff.
2:00.6	Anything interesting for you as a takeaway here?
	...

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