THE HASH: Voyager Digital’s Liquidity Crisis, and Binance Signs NFT Partnership With Football Superstar Cristiano Ronaldo
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 23 June 2022
⏱️ 27 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Thursday, June 23, 2022.
"The Hash" hosts discuss Voyager Digital cutting daily-user withdrawal limit to $10,000, Coinbase phasing out "Coinbase Pro," and Binance's new NFT partnership with Cristiano Ronaldo.
This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This is the hash podcast. |
| 0:09.4 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with stories that matter to the crypto world. |
| 0:16.8 | All on the hash for your ears. |
| 0:20.0 | You're listening to the Coin Desk Podcast Network. |
| 0:24.5 | Welcome to the hash. |
| 0:25.8 | I'm Zach Seward. |
| 0:26.9 | That's Jensen Assey. |
| 0:27.8 | She's highly muted. |
| 0:28.7 | We have Wendy O up here and we have Will Foxley as well. |
| 0:32.7 | We're going to get going and we are going to get you up to speed on the stories that caught |
| 0:36.4 | our eye this morning in |
| 0:38.0 | the world of crypto. I am leading off. I will take it away. We're going to talk about Voyager |
| 0:42.7 | Digital, which is a big time crypto broker, also publicly traded in Canada. We're talking about |
| 0:48.1 | the incremental update here that they've cut their daily withdrawal limit to $10,000 down from $25,000. |
| 0:56.1 | But the big story here is that the ramifications of making a big old loan to Three Arrows Capital, they are rearing their ugly head. |
| 1:03.0 | They saw their stock price tank about 60% yesterday in stock market trading. And now there |
| 1:09.5 | are serious concerns from people in the street as to whether |
| 1:13.4 | or not they can survive this crisis. Pretty crazy to see. But now again, we are seeing the ripple |
| 1:18.8 | effects of three arrows capital not being especially solvent at the moment. So I'm going to |
| 1:25.0 | toss this straight to Will for his thoughts on the latest from Voyager. |
| 1:28.2 | What's going on here, man? What's the deal? I think Jen's back, right? Jen, you there? |
| 1:32.2 | Am I back? Can you hear me? Oh, yeah. There we go. We got Jen back. Okay, everyone had like a little |
... |
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