$1.4 billion worth of crypto has been stolen in an audacious hack targeting the Bybit exchange. This is hands down the biggest crypto hack of all time. The news was confirmed by Bybit's co-founder and CEO Ben Zhou — who said a hacker was able to take control of a cold wallet, and transfer funds to an unidentified address. Here's what we know so far.
Nov 2022
Crypto Update | The FTX Collapse Looks an Awful Lot Like Enron
With bitcoin continuing to trade sideways above its $16,000 support level, plus a look at the similarities of FTX and other infamous fraudsters, CoinDesk’s “Markets Daily” is back with its latest news roundup.
Today's Stories...Read the full show notes here.
Featured Story: The F ... Show More
18m 17s
Nov 2022
MM090: FTX fiasco rocks the crypto market
<p>In this episode, we attempt to unpack what exactly happened in the crypto market this week which was rocked by news about FTX and Binance, two of the world's largest crypto exchanges.</p><br><p>The move came as FTX CEO and founder Sam Bankman-Fried, who was hailed as something ... Show More
57m 1s
Apr 2022
So You’ve Stolen $600M. Now What?
On today’s show, Andrew Thurman, CoinDesk’s tech reporter, takes a look at another big crypto bank heist and how the getaway is often harder than the theft.
Read the full story here.
This episode is sponsored by Kava, BCB Group and Koinly.
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Kava lets you mint stablecoins, lend, ... Show More
9m 51s