THE HASH: PayPal's Big Crypto Market Splash; How Is MicroStrategy's Bitcoin Bet Turning Out?

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 7 August 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Monday, August 7, 2023. "The Hash" tackles today's hot topics, including PayPal entering the crypto market with its own U.S. dollar-pegged stablecoin. Huobi is denying reports that several executives were arrested in China. Local news organizations report that Kenyan police raided the Nairobi warehouse of Worldcoin over the weekend. And, a closer look at MicroStrategy's bitcoin holdings since Michael Saylor exited his CEO position a year ago. See also: PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum I Have 1M Questions About the PayPal Stablecoin. Here Are 5 Huobi's Stablecoin Reserves Down 30% Amid Reports of Executive Arrests Worldcoin Nairobi Warehouse Raided by Kenyan Police: Reports Michael Saylor’s Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago 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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0:43.9	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.
1:13.3	Hey there, happy Monday.
1:15.1	Welcome to the hash here on CoinDest TV.
1:17.2	Thanks for watching us.
1:18.4	Thanks for listening to us if you prefer the podcast.
1:21.3	A lot of good stuff on the Coin Desk Podcast Network as well.
1:24.5	I'm Zach Seward.
1:25.3	That's Will Foxley, Jen Sanasi.
1:27.3	We're here to take you on a little
1:28.9	sprint through the crypto news of today, Monday, August 7th. Let's do it. I'm starting us off. PayPal.
	...

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