THE HASH: Much-Hyped Shibarium Network's Turbulent Start; Tether to Stop Support for Bitcoin Layer Omni
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 17 August 2023
⏱️ 26 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Thursday, August 17, 2023.
"The Hash" team discusses the hottest stories in crypto, including SHIB tokens slipping, as users report bridging issues after the much-hyped Shibarium network went live. Stablecoin issuer Tether said that it will discontinue support for Omni, a Bitcoin layer used for USDT transfers since 2014. And, a16z crypto chief technology officer Eddy Lazzarin discusses why new projects from the VC firm are focused on ZK proofs, a type of cryptography that can help scale blockchains.
See also:
SHIB Plunges 9% on Apparent Shibarium Bridge Issues
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
VC Firm a16z Wades Into Crypto Tech Research with ZK Projects ‘Jolt’ and ‘Lasso’
This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. This is The HASH podcast. |
| 1:00.1 | Stay informed with the latest on Bitcoin, Eith, The Metaverse, Web3, and more. |
| 1:05.5 | All on the HASH for your ears. |
| 1:08.9 | You're listening to the Coin Desk Podcast Network. |
| 1:13.0 | Hey there, welcome to The Hash on CoinDest TV. |
| 1:16.1 | I'm Zach Seward. |
| 1:16.9 | That's Jen Sanasi. |
| 1:17.7 | That's Will Foxley. |
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| 1:25.1 | We're going to start with some meme coin news, and I think Jen |
| 1:29.0 | is going to lead us off, so take it away. All right. The SHIB token plunged 9% on apparent |
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