The most valuable crypto stories for Tuesday, May 30, 2023.
This episode is sponsored by Ciphertrace.
“The Hash” team breaks down the biggest stories shaping the crypto industry today, including an update on criminal charges that lawyers for Sam Bankman-Fried are seeking to dismiss. Separately, a new Bloomberg report takes a closer look at the future of crypto exchange Gemini under the leadership of billionaires Tyler and Cameron Winklevoss. And, the difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue.
See also:
U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say
Gemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
The Bitcoin Mining Debate Is Ignoring the People Most Affected
Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay
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Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.
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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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