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Bitcoin Price Briefly Drops Below $26K as Crypto Traders Suffer $1B in Liquidations
Bitcoin (BTC) is trading near $26,000, as the largest cryptocurrency by market cap is on track for its worst weekly decline since the collapse of FTX. "The Hash" panel discusses the state of crypto amid bitcoin's latest sell-off along with current sentiment across the industry. Plus, insights on the absence of a court decision between the SEC and Grayscale. CoinDesk and Grayscale are both owned by Digital Currency Group (DCG).

Caitlin Long on Custodia Bank Launch, State of Crypto Regulation
Crypto-friendly Custodia Bank announced a week ago that it launched to business customers in a number of states. Custodia Bank founder and CEO Caitlin Long joins "First Mover" to discuss the details of the launch and her reaction to major news in the crypto industry from the plunge in bitcoin to Prime Trust filing for bankruptcy protection. Plus, insights into the legal battle between Custodia Bank and the Federal Reserve.

SEC Can Argue for Right to Appeal XRP Ruling in Ripple Case, What's Next?
Judge Analisa Torres has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the new developments in Ripple's legal battle against the agency and the next steps of the case.

Layer-1 Blockchain ZetaChain Secures $27M in New Funding Round
Layer 1 blockchain ZetaChain just raised $27 million in a new funding round, in a bid to bring universal interoperability to crypto. Brandon Truong, head of product at the protocol, joins "First Mover" to discuss their plan with the funds and the state of decentralized applications on the platform.

Bitcoin Price Tumbles Below $26.5K as August Turns Ugly
Bitcoin has slumped over 7% in the past 24 hours to below $26,500, marking one of the biggest drops in recent months. Hashnote CEO Leo Mizuhara discusses the plunge in BTC and why a relatively boring August is now seeing a downturn as Wall Street becomes more risk-averse.

Caitlin Long Reacts to Bitcoin Falling 10% This Week
Caitlin Long shares an update on Custodia Bank, along with her reaction to bitcoin's (BTC) sharp downturn in the past 24 hours. “There's a lot more adoption offshore than there is onshore...in other parts of the world, where folks are using bitcoin for payments, they're not here to speculate,” Long added.

Binance to Shut Down 'Connect' Service; State of Crypto in Singapore and Australia
Host Angie Lau takes a deep dive into the state of Binance as the crypto exchange shut down its buy-and-sell service Binance Connect just one year after its launch. Plus, insights on crypto developments from Singapore to Australia. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Bitcoin Slumps Below $28K; Genesis, FTX Strike Deal for $175M Bankruptcy Claim
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin (BTC) trades below $28,000. FTX’s Alameda Research strikes a deal with bankrupt crypto company Genesis, according to new court filings. Valkyrie Digital Assets is doubling down on ether futures products. And, a closer look at where is PayPal pressing pause on crypto transactions.

Sei Blockchain's New Token Tumbles After Airdrop
Data from CoinGecko shows that the token of the just-launched layer-1 blockchain Sei has plunged after its airdrop, pushing the market cap to $314.8 million. Early adopters flooded X, formerly known as Twitter, with complaints about the meagerness of token allocations, all while recipients appeared to dump their holdings on the market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

a16z Crypto CTO on ZK Projects ‘Jolt’ and ‘Lasso,’ State of Crypto Tech Research
Venture-capital giant Andreessen Horowitz (a16z) is jumping into crypto tech research with the release of a pair of open-source software projects aimed at speeding up the core tech behind zero-knowledge (ZK) proofs. a16z crypto chief technology officer Eddy Lazzarin joins "The Hash" to discuss the latest projects titled "Jolt" and "Lasso." Plus, Lazzarin's outlook on AI and infrastructure developments in the crypto space.
