This episode is sponsored by PayPal
The most valuable crypto stories for Monday, June 5, 2023.
“The Hash” unpacks today’s top stories moving the crypto markets: The Securities and Exchange Commission (SEC) sued crypto exchange Binance and its CEO Changpeng “CZ” Zhao on allegations of violating federal securities laws Monday. Meanwhile, Richard Teng has been appointed to oversee Binance’s regional markets outside the U.S. Plus, centralized storage and wallet service Atomic Wallet was drained of nearly $35 million worth of various tokens. And, Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador.
See also:
SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations
El Salvador’s Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
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This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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