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THE HASH:  Galaxy Digital Abandons $1.2B Plan to Acquire BitGo; and Another Stablecoin Tumbles After Hackers Exploit Bug

THE HASH: Galaxy Digital Abandons $1.2B Plan to Acquire BitGo; and Another Stablecoin Tumbles After Hackers Exploit Bug

FromCoinDesk Podcast Network


THE HASH: Galaxy Digital Abandons $1.2B Plan to Acquire BitGo; and Another Stablecoin Tumbles After Hackers Exploit Bug

FromCoinDesk Podcast Network

ratings:
Length:
17 minutes
Released:
Aug 15, 2022
Format:
Podcast episode

Description

The most valuable crypto stories for Monday, Aug. 15, 2022."The Hash" hosts discuss Galaxy Digital walking away from its plan to buy crypto custody firm BitGo.  Also, an update on the depegging that happened on Sunday of Acala’s native stablecoin, aUSD, tumbled after hackers exploited a bug. In a final topic Terraform founder Do Kwon speaks out on his first interview since the $45 billion collapse of Terra.See also: DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B TokensGalaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGoCrypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement_I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code HASH20 for 20% off the General Pass. Register now: coindesk.com/ideas-This episode has been edited by Michele Musso. Our 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.
Released:
Aug 15, 2022
Format:
Podcast episode

Titles in the series (100)

The top stories and best shows in the blockchain world, delivered daily from the team at CoinDesk.