BREAKDOWN: Internet Shut Down, Bitcoin Mining Offline as Kazakhstan’s Political Crisis Escalates

BREAKDOWN: Internet Shut Down, Bitcoin Minin...

COINDESKCOINDESK

Up next

SpaceX Shares Tumble Despite Earnings Beat | CoinDesk Daily

SPCX tumbles despite beating earnings estimate. SpaceX reported its first quarterly results as a public company, beating on revenue but falling 11% as investors focused on heavy capital spending. Its 18,712 bitcoin lost roughly $195 million in value during the quarter. CoinDesk's ...  Show more

 . 1min 37sec
Is Money Flowing to AI? First U.S. Spot Bitcoin ETF Is Set to Close | CoinDesk Daily

Hashdex to shut down its spot Bitcoin ETF. Hashdex is shutting down and liquidating its spot bitcoin ETF, in what appears to be the first liquidation of a U.S. spot bitcoin fund. Inflows have dried up as investors chase AI returns, with the spot bitcoin ETFs posting net outflows ...  Show more

 . 1min 40sec

Recommended Episodes

Russian Banks Cut Off From SWIFT, Central Bank Reserves Blocked as West Responds
The Breakdown

This episode is sponsored by Nexo, Arculus and FTX US. Today on “The Breakdown,” NLW looks at what we learned over the weekend about the U.S. and European Union’s response to the Russian invasion of Ukraine. The West significantly increased its economic pressure on Russia, remo ...  Show more

 . 20min 55sec
A $4.2T Asset Manager Just Said Governments Will Buy Bitcoin
The Breakdown

On today’s episode, NLW looks at the latest from governments and crypto, including: India’s prime minister calling for global cooperation to “fight” crypto Pakistan’s security agency blocking crypto sites  The U.K., Singapore and Spain introducing new rules around crypto adve ...  Show more

 . 17min 9sec
Genesis and Gemini Earn Halt Withdrawals as FTX Contagion Spreads
The Breakdown

This episode is sponsored by Nexo.io, Circle and Kraken.   On today’s episode, NLW covers the latest fallout from the FTX collapse. Genesis Capital has paused withdrawals and loan origination, which has also led to Gemini pausing its Earn program. NLW also covers the latest in ...  Show more

 . 16min 27sec
Why One Stablecoin Is Being Backed by Bitcoin
The Breakdown

This episode is sponsored by Nexo, Arculus, and FTX US.   Today on “The Breakdown,” NLW looks at: The latest from Russia, including skepticism about the effectiveness of the first round of sanctions  Updates on Canada’s use of the Emergencies Act to freeze protest-associate ...  Show more

 . 17min 40sec