Sept 2: Wall Street Wants Its Own Stablecoin as Bitcoin Miners Keep Pivoting to AI

Sept 2: Wall Street Wants Its Own Stablecoin as Bitcoin Miners Keep Pivoting to AI

Podcast Summary

Wall Street's largest banks are preparing their own stablecoin infrastructure while the London Stock Exchange Group and Kraken work toward tokenized UK stocks. Matt looks at whether bank-issued stablecoins can realistically challenge Tether and Circle, why stablecoin-yield rules could give traditional banks a competitive advantage, and how Robinhood's blockchain activity fits into the broader convergence between traditional finance and crypto-native markets.


The infrastructure story extends into AI and security. Hut 8's massive data-center agreements show how quickly Bitcoin miners are becoming AI infrastructure companies, while Ripple prepares the XRP Ledger for future quantum threats and Zcash works to make private transactions dramatically faster. Matt also examines the emerging cybersecurity risk from increasingly capable AI systems that can discover vulnerabilities in publicly accessible software, including the smart contracts, bridges and wallets securing billions of dollars in crypto.


Happy HODLing

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Episoder(887)

Nov 4: Democrats Sweep Congress

Nov 4: Democrats Sweep Congress

Democrats have swept control of the U.S. House and Senate in a historic midterm election, and Matt Diemer examines what the results could mean for cryptocurrency, artificial intelligence, and financia...

4 Nov 18min

Nov 3: Midterm Elections Arrive

Nov 3: Midterm Elections Arrive

It's Election Day in America, and Bitcoin is trading around $77,000 as investors wait to see who controls Congress. Matt examines historical stock market performance following midterm elections, why p...

3 Nov 16min

Nov 2: Midterm Elections Put Markets on Edge

Nov 2: Midterm Elections Put Markets on Edge

Bitcoin is holding near $78,000 following Binance's historic $6.3 billion security breach, and Craig Cobb from The Grow Me Co joins Daily Crypto News to explain what the charts are telling him. Craig ...

2 Nov 19min

Oct 30: Binance’s $6.3 Billion Hack

Oct 30: Binance’s $6.3 Billion Hack

Binance has confirmed an estimated $6.3 billion cryptocurrency security breach, potentially the largest crypto theft in history. Matt breaks down how the attack unfolded, why the reported losses kept ...

30 Okt 32min

Oct 29: AI Finds Bitcoin Security Flaws

Oct 29: AI Finds Bitcoin Security Flaws

Bitcoin holds near $80,000 after the Federal Reserve leaves interest rates unchanged, with U.S. spot Bitcoin ETFs reportedly attracting $424 million in inflows this week while Ethereum funds continue ...

29 Okt 11min

Oct 28: Crypto Data Breaches and Banking Concerns Grow

Oct 28: Crypto Data Breaches and Banking Concerns Grow

Bitcoin rebounds above $81,000 after holding its recent $79,000 support region, while investors await today's Federal Reserve interest-rate decision. Matt examines approximately $176 million in renewe...

28 Okt 17min

Oct 27: Ripple Wins Federal Banking Approval

Oct 27: Ripple Wins Federal Banking Approval

Bitcoin struggles to hold $80,000, falling as low as $79,400 despite approximately $110 million in Monday ETF inflows. Matt explains why losing this support level could open the door to a deeper corre...

27 Okt 11min

Oct 26: Crypto Wallet Hacks, Liquidations, and Market Fear Dominate the News

Oct 26: Crypto Wallet Hacks, Liquidations, and Market Fear Dominate the News

Bitcoin holds near $80,000 after a volatile weekend marked by leveraged liquidations, ETF outflows, and widespread fears of a market crash. Matt examines the difference between legitimate cybersecurit...

26 Okt 20min

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