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Binance Discontinues South Korean Won Trading Pairs, Payment Options
Although South Korea is not among the long list of countries whose financial watchdogs have issued warnings against Binance, the crypto exchange said it would discontinue trading pairs and payment options using the South Korean won effective immediately, along with P2P merchant applications and Korean language support. "The Hash" hosts discuss the possible future of Binance following its latest attempt to take the initiative in its regulatory positioning.

Samsung Plans to Participate in South Korea’s CBDC Pilot
Samsung Electronics will reportedly take part in the Bank of Korea (BOK)'s central bank digital currency (CBDC) pilot with a focus on remittances. The electronics giant plans to test the functionality of the pilot with its Galaxy smartphone and look at whether transactions can be completed without internet availability. "The Hash" squad discusses the implications for tech innovation in the crypto space in South Korea, which was once hailed as the next global blockchain hub.

Beijing Signals Yearslong Tech Crackdown as Investors Reevaluate China Bets
Once the world's largest bitcoin mining hub, China has been cracking down on crypto mining in recent months. On Wednesday, its central government issued a five-year plan that calls for even stricter regulation across tech industries. Still, this continued push to rein in tech goes far beyond crypto and has led global investors to reconsider their exposure to China. "The Hash" hosts discuss the potential repercussions for business operations in China and the future of the crypto industry.

Is Crypto Moving to Puerto Rico?
Relocating to Puerto Rico to avoid taxes is simpatico to crypto’s goals. Both are attempts to outrun the state and build an alternative system. “The Hash” panel discusses their take on the wave of wealthy crypto adopters moving to “tax haven” Puerto Rico as they look to take advantage of the island’s generous incentives.

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit
Another day, another decentralized finance (DeFi) hack. DAO Maker, a fundraising platform for upcoming crypto projects that has no relation to the more widely known MakerDAO, was exploited Thursday, resulting in a loss of more than $7 million. "The Hash" team discusses the potential downside of DeFi's composability: with great possibility comes great risk.

Lionel Messi’s Paris St. Germain Transfer Included Crypto Fan Tokens
Argentinian soccer legend Lionel Messi’s signing-on fee to French club Paris St. Germain (PSG) from FC Barcelona included a payment in crypto fan tokens provided by blockchain-based fan-token provider Socios.com. “The Hash” group discusses their take on Messi continuing to experiment with crypto and what this could signal about the future of mainstream adoption.

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit
Another day, another decentralized finance (DeFi) hack. DAO Maker, a fundraising platform for upcoming crypto projects that has no relation to the more widely known MakerDAO, was exploited Thursday, resulting in a loss of more than $7 million. “The Hash” team discusses the potential downside of DeFi’s composability: with great possibility comes great risk.

Changing Crypto Trading Patterns Reveal the Market’s Power Shift to the West
A recent blockchain analysis revealed that on Coinbase, Gemini and Kraken, exchanges that are more popular among users in the West, the average weekend bitcoin trading volume is growing relative to the average weekday volume, pointing to a dramatic shift in trading patterns this year from Asia to North America and Europe.

What’s Going On With Poly Network?
An address associated with the hacker who allegedly drained cross-chain decentralized finance (DeFi) platform Poly Network of roughly $600 million Tuesday has started to return the funds. “The Hash” panel discusses what’s going on with Poly in the largest hack in crypto history and what it could indicate for the future of DeFi regulation.

PNC Bank Planning Crypto Offering With Coinbase
PNC Bank, the fifth-largest commercial bank in the U.S. in assets, plans to work with crypto exchange Coinbase to offer crypto investment services to clients. This comes on the heels of Coinbase posting its higher-than-expected second-quarter earnings that sent prices of its COIN shares soaring.
