THE HASH: Sam Bankman-Fried Apologizes, Promises FTX.US Customers' Funds Are 'Fine'

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4.7 • 698 Ratings

🗓️ 10 November 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by minima.global and Circle. The most valuable crypto stories for Thursday, Nov. 10, 2022. "The Hash" hosts discuss today's top stories: Sam Bankman-Fried apologized on Twitter as the FTX crisis deepened, Tron network’s native TRX token momentarily surged some 4,000%, from 6 cents to $2.50, on embattled crypto exchange FTX, and SEC's Gary Gensler speaks out on the state of crypto regulation during an interview on CNBC. See also: Tether Freezes $46M of USDT Held by FTX Following Law-Enforcement Request - This episode has been edited by Nia Freeman. 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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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.4	This episode is sponsored by minima.global and Circle.
1:02.3	This is the hash podcast.
1:05.0	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
1:10.0	with stories that matter to the crypto world,
1:12.3	all on the hash for your ears.
1:15.9	You're listening to the Coin Desk Podcast Network.
1:23.2	Hello, welcome to CoinDest TV.
1:25.3	It is another crazy day here in the world of Crypto News,
1:28.2	and we're going to do our best to situate you in what is going on. There's so much going on.
1:33.9	We talked yesterday about a potential acquisition of FTX by finance, as was reported later in the
1:39.7	day. And as we mentioned at the time, we mentioned at the time that it was looking unlikely,
1:43.4	and as was announced later in the day, it did not happen.
	...

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