THE HASH: Much-Hyped Shibarium Network's Turbulent Start; Tether to Stop Support for Bitcoin Layer Omni

THE HASH: Much-Hyped Shibarium Network's Turbulent Start; Tether to Stop Support for Bitcoin Layer Omni

The most valuable crypto stories for Thursday, August 17, 2023. "The Hash" team discusses the hottest stories in crypto, including SHIB tokens slipping, as users report bridging issues after the much-hyped Shibarium network went live. Stablecoin issuer Tether said that it will discontinue support for Omni, a Bitcoin layer used for USDT transfers since 2014. And, a16z crypto chief technology officer Eddy Lazzarin discusses why new projects from the VC firm are focused on ZK proofs, a type of cryptography that can help scale blockchains. See also: SHIB Plunges 9% on Apparent Shibarium Bridge Issues Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand VC Firm a16z Wades Into Crypto Tech Research with ZK Projects ‘Jolt’ and ‘Lasso’ This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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ElizaOS Founder Shaw Walters on Closing the Foundation, the Burwick Lawsuit, and Why Crypto Is Failing Builders  | Markets Outlook

ElizaOS Founder Shaw Walters on Closing the Foundation, the Burwick Lawsuit, and Why Crypto Is Failing Builders | Markets Outlook

In his first interview since declaring the ElizaOS token dead, Eliza Labs Founder Shaw Walters sits down with CoinDesk's Jennifer Sanasie to lay out what he says actually happened. He also makes a bro...

8 Aug 24min

CLARITY Act Delayed: What It Means for Markets | Markets Outlook

CLARITY Act Delayed: What It Means for Markets | Markets Outlook

With the CLARITY Act pushed to September and $130 million drained in the Coldcard exploit, Crypto Market Analyst Ray Salmond joins Jennifer Sanasie on Markets Outlook to unpack Fed rate odds, Bitcoin’...

7 Aug 17min

Clarity Act Stalls Again as Senate Breaks for Recess | CoinDesk Daily

Clarity Act Stalls Again as Senate Breaks for Recess | CoinDesk Daily

Is CLARITY dead? The U.S. Senate is set to break for summer recess without voting on the Clarity Act, pushing the crypto market structure bill to September at the earliest. With passage odds slipping...

7 Aug 1min

AI Storage Stocks Crash: Is Capital Rotating? | CoinDesk Daily

AI Storage Stocks Crash: Is Capital Rotating? | CoinDesk Daily

Sandisk and Western Digital shares fell after record earnings. Sandisk and Western Digital both fell despite record quarterly results, a sign the AI trade may be stalling. With gold climbing and bitc...

6 Aug 1min

JPEG Trading's Kevin March on Tokenized Stocks, DeFi Lending, and the Future of Prediction Markets

JPEG Trading's Kevin March on Tokenized Stocks, DeFi Lending, and the Future of Prediction Markets

JPEG Trading Co-Founder Kevin March joins CoinDesk's Sam Ewen to break down how his firm is building end-to-end liquidity for new crypto assets and why DeFi lending is the innovation most likely to ma...

6 Aug 24min

SpaceX Shares Tumble Despite Earnings Beat | CoinDesk Daily

SpaceX Shares Tumble Despite Earnings Beat | CoinDesk Daily

SPCX tumbles despite beating earnings estimate. SpaceX reported its first quarterly results as a public company, beating on revenue but falling 11% as investors focused on heavy capital spending. Its...

5 Aug 1min

Is Money Flowing to AI? First U.S. Spot Bitcoin ETF Is Set to Close | CoinDesk Daily

Is Money Flowing to AI? First U.S. Spot Bitcoin ETF Is Set to Close | CoinDesk Daily

Hashdex to shut down its spot Bitcoin ETF. Hashdex is shutting down and liquidating its spot bitcoin ETF, in what appears to be the first liquidation of a U.S. spot bitcoin fund. Inflows have dried u...

4 Aug 1min

SEC's Hester Peirce’s Parting Advice for Crypto

SEC's Hester Peirce’s Parting Advice for Crypto

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on the current state of crypto and the industry's evolution before digging into the George Santos CFTC settlement and the C...

4 Aug 22min

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