THE HASH: FTX Exploiter Developments; Bill Ackman Endorses Crypto Project Helium

CoinDesk Podcast Network

This episode is sponsored by minima.global and Circle.

The most valuable crypto stories for Monday, Nov. 21, 2022.

"The Hash" hosts discuss the culprit behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether (ETH) to Ren Bitcoin (renBTC), a token that represents bitcoin on other blockchains, early on Sunday. Plus, one of TradFi’s better-known investors, Bill Ackman, revealed on Twitter that he has turned a leaf and is now endorsing crypto.

See also:

More Than 50% of Bitcoin Addresses Are Now in Loss

FTX Exploiter Converts Millions in Ether to Alameda-Linked Ren Bitcoin Tokens

Bill Ackman Endorses Crypto Project Helium, Discloses Crypto Holdings

-

This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

-

Minima is a new layer 1 blockchain, designed to run in full on a smartphone. Join over 300,000 Minima node runners on the Incentive Program today, to start earning $MINIMA every day until Mainnet launch. Get your node setup and earn $MINIMA at minima.global/get-involved.

-

Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.