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FTT Token Surges Following FTX's Revival Proposal Supported by Sam Bankman-Fried

FTX's exchange token FTT is skyrocketing over the last 24 hours after Sam Bankman-Fried tweeted his support of a plan to restart FTX by issuing a new FTT token and giving it to creditors and depositors. Matrixport Head of Research and Strategy Markus Thielen weighs in on this price jump, calling it the "second leg of [Bankman-Fried's] scam strategy."

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Gnosis Chain Co-Founder Compares its PoS 'Merge' to Ethereum's Recent Upgrade

Privacy-focused Gnosis Chain executed its own proof-of-stake "merge." Co-founder Martin Köppelmann tweeted that the upgrade was "as boring as the Ethereum Merge." He joins "First Mover" to explain how this merge is different from that of Ethereum's transition to proof-of-stake. "In our case, we didn't use proof-of-work previously," Köppelmann said.

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Polygon Studios CEO on Solana, Investment in Space

Polygon Studios CEO Ryan Wyatt, who is one of CoinDesk's Most Influential 2022, weighs in on Solana. "This space is really fragile and really nascent," he says. But, he explains why he is bullish about a multi-chain future.

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SEC Urges US-listed Companies to Disclose Crypto Damage

The U.S. Securities and Exchange Commission (SEC) issued letters to companies flagging the need to disclose any potential impacts from mayhem in the crypto markets. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in.

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Crypto Mining Woes

A cash crunch and high energy costs are hitting miners. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Sam Bankman-Fried Agrees to Testify Before Lawmakers

Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, has said in a tweet that he'll testify before the House Financial Services Committee at a Dec. 13 hearing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect from the meeting and insights on SEC's letter that urges companies to disclose crypto damage to investors.

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Privacy-Focused Gnosis Chain Executes Proof-of-Stake ‘Merge’ of its Own

Privacy-focused Gnosis, one of the first sidechains to Ethereum, conducted its own version of the Merge to replace its proof-of-authority (PoA) chain with its Gnosis proof-of-stake (PoS) beacon chain. Gnosis co-founder Martin Köppelmann joins "First Mover" to discuss the significance of the upgrade and how it compares to the Ethereum Merge.

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Bitcoin Above $17K as Wholesale Price Inflation Is Hotter Than Expected

Bitcoin (BTC) is trading around $17,100 after a new wholesale inflation report is hotter than expected. Matrixport Head of Research and Strategy Markus Thielen discusses what this latest economic data means for the crypto market. Plus, insights on the surge in FTT token after Sam Bankman-Fried showed his support for an FTX revival plan.

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Polygon Studios CEO on Partnership With Starbucks

Polygon’s business-development team has managed to land partnerships with major brands entering the Web3 space, including Nike, Reddit, Meta and Robinhood. Polygon Studios CEO Ryan Wyatt, who made CoinDesk's Most Influential 2022 list, discusses the details of their latest collaboration with Starbucks and his outlook for mainstream adoption of crypto.

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Things Are About to Get Weird: Samson Mow

JAN3 founder and CEO Samson Mow weighs in on the state of the crypto industry amid lingering crypto contagion concerns. When it comes to his outlook on bitcoin, Mow says "things are about to get weird."

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