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CoinDesk Podcast Network

THE HASH: Ledger Delays Key-Recovery Service After Uproar; Bitcoin-Based NFTs Popularity Increases

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 23 May 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

The most valuable crypto stories for Tuesday, May 23, 2023.


This episode is sponsored by Ciphertrace.


"The Hash" hosts discuss the biggest stories shaping the crypto industry today, including hardware wallet provider Ledger delaying the release of a key recovery feature. Meanwhile, Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam. Separately, new items on FTX CEO John Ray III's billing report suggest there is work underway for a reboot of the exchange. And, LabDAO, a decentralized autonomous organization focused on open-source drug discovery, has raised $3.6 million in a funding round.


See also:

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

LabDAO Raises $3.6M to Decentralize Drug Discovery


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Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

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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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0:49.7

This episode of The HASH is sponsored by CipherTrace, a mastercard company.

1:09.0

This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more.

1:11.6

All on the H Hash for your ears.

1:15.6

You're listening to the Coin Desk Podcast Network.

1:18.9

Hello and welcome to the show.

1:21.2

That show being The Hash here on CoinDest TV.

1:22.2

Thanks for being here.

1:23.2

I'm Zach Seward.

1:27.4

We got Wendy O, Will Foxley, and Jen Sannasi in the house.

1:30.5

We're going to talk about some crypto news, including something from FTX. It wouldn't be a Taco Tuesday without referencing some insanity regarding FTX.

1:38.0

So, FTCS's CEO's legal billings continue to hint at 2.0 reboot.

1:44.2

And now we've got something from the New York Times.

...

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