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Hong Kong-Based About Capital to Acquire Crypto Exchange Huobi Global, Justin Sun and 4 Others Named Global Advisors
Crypto exchange Huobi Global, one of the biggest token trading outposts in the Asia markets, said late Friday that it has agreed to be purchased by Hong Kong-based investment company About Capital Management's M&A fund. "The Hash" team discusses the potential motivations behind the acquisition and the possible outcomes.
MobileCoin Launches ‘Electronic Dollars’ Stablecoin
Privacy-focused crypto and payments firm MobileCoin has partnered with stablecoin platform Reserve to launch a stablecoin dubbed “Electronic Dollars” (eUSD). “The Hash” hosts discuss how eUSD works and the implications for privacy, global payments and the larger stablecoin market.
PayPal Says It’s Not Fining Users for Misinformation
“The Hash” panel discusses PayPal walking back its Acceptable Use Policy (AUP) notice that would have fined users $2,500 for spreading “misinformation,” claiming the update “went out in error.”
The Digital Rupee: India Central Bank’s Plans
Host Joel Flynn discusses why cryptocurrency exchange WazirX is hopeful on India’s central bank plans. That story and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”
Binance Hackers 'Could Have Drawn More Funds' if They Were More Organized: Chief Communications Officer
Following the $100 million exploit of Binance's BNB Smart Chain, the company's Chief Communication Officer Patrick Hillmann says the hackers could eventually be traced back to a state actor supported by a foreign entity. He shares new details on what Binance has learned about the hack.
Binance Exec on the Company’s M&A Outlook
Binance CEO Changpeng Zhao (CZ) said the company may spend over $1 billion this year on deals. Chief Communications Officer Patrick Hillmann says “we’re going to continue to keep our powder dry” amid this bear market, while discussing the attractive projects they see in the space.
Opimas CEO ‘Not surprised’ About Bitcoin’s Correlation to Gold
Bitcoin’s correlation with gold hits its highest level in over a year. Opimas CEO Octavio Marenzi says he’s “not surprised” by this correlation, because “the arguments of buying either one are very similar” in this market. But, he adds that this correlation won’t be permanent.
How Oracles Bridge TradFi Players and the Crypto Ecosystem
Jump Crypto Strategic Initiatives and Special Projects lead Stephen Kaminsky previews his presentation at the upcoming I.D.E.A.S. 2022 summit by CoinDesk. Plus, he discusses how traditional finance players can join the crypto ecosystem through oracle providers.
BNB Chain Hack Like ‘Attacking Someone at the Joint of a Bone,’ Says Binance Exec
BNB Smart Chain continued operations following last weekend’s exploit where hackers stole $100 million from the platform. Binance Chief Communications Officer Patrick Hillmann discusses the details of the hack, the vulnerabilities of DeFi and what’s next.
Bitcoin Slips Below $20K as October Doldrums Continue
Bitcoin (BTC) has yet to find inspiration in what has historically been a strong month, trading flat at $19,300. Opimas CEO and founder Octavio Marenzi discusses his crypto outlook ahead of the CPI report this week. Plus, insights into the correlation between bitcoin and gold.