Daily Crypto Report

"Facebook's Diem Pivots " May 14, 2021

Listen Later

Today’s blockchain and cryptocurrency news

Brought to you by ungrocery.com

Bitcoin is down .5% at $50,625

Ethereum is up slightly at $3,999
and Binance Coin is down slightly at 606.

Dogecoin up 29%

Polygon up 24%
Ethereum classic, up 21%

Facebook’s Libra project pivots to Diem, pivots back to the US, and pivots to a USD stablecoin.

The IRS warns that the agency can seize people’s crypto assets to settle unpaid taxes.

DeFi protocol xToken exploited for $24.5M.

The Colonial Pipeline paid the $5M crypto ransom soon after the attack.

Links:

  • IRS Seizing Crypto Assets to Pay Off Tax Debts, Official Says
  • Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom - Bloomberg
  • Attacker uses flash loans in $24.5 million exploit of DeFi protocol xToken
  • xToken on Twitter: "Our initial report on today's exploit. More details in the coming days. https://t.co/ZadHCUTqEK" / Twitter
  • Diem Announces Partnership with Silvergate and Strategic Shift to the United States

    • Learn more about your ad choices. Visit megaphone.fm/adchoices

    ...more
    View all episodesView all episodes
    Download on the App Store
    Daily Crypto ReportBy Daily Crypto Report
    • 4.1
    • 4.1
    • 4.1
    • 4.1
    • 4.1

    4.1

    30 ratings

    More shows like Daily Crypto Report

    View all
    Masters in Business by Bloomberg

    Masters in Business

    2,182 Listeners

    FantasyPros - Fantasy Football Podcast by iHeartPodcasts

    FantasyPros - Fantasy Football Podcast

    10,679 Listeners

    Ron Paul Liberty Report by Ron Paul Liberty Report

    Ron Paul Liberty Report

    2,260 Listeners

    CRYPTO 101 by Bryce Paul & Brendan Viehman

    CRYPTO 101

    39 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,792 Listeners

    CoinDesk Podcast Network by CoinDesk

    CoinDesk Podcast Network

    643 Listeners

    The Pomp Podcast by Anthony Pompliano

    The Pomp Podcast

    1,836 Listeners

    Thinking Crypto News & Interviews by Tony Edward

    Thinking Crypto News & Interviews

    253 Listeners

    Bitcoin News Alerts | Daily BTC News by Bitcoin News Alerts

    Bitcoin News Alerts | Daily BTC News

    602 Listeners

    What Bitcoin Did by Danny Knowles

    What Bitcoin Did

    276 Listeners

    Markets Outlook by CoinDesk

    Markets Outlook

    136 Listeners

    Crypto Banter by Crypto Banter

    Crypto Banter

    45 Listeners

    Coin Stories with Natalie Brunell by Natalie Brunell

    Coin Stories with Natalie Brunell

    452 Listeners

    Raoul Pal: The Journey Man by Real Vision Podcast Network

    Raoul Pal: The Journey Man

    131 Listeners

    Daily Crypto News by Matt Diemer

    Daily Crypto News

    63 Listeners