THE HASH: First Republic Bank Seized and Sold to JPMorgan Chase; Tron’s Justin Sun Apologizes After Binance CEO Fires Warning

The most valuable crypto stories for Monday, May 1, 2023.

This episode is sponsored by Ciphertrace.

“The Hash” tackles today’s hot topics: The crypto case after First Republic is seized by regulators and sold to JPMorgan Chase in the largest bank failure since the 2008 financial crisis. Crypto entrepreneur Balaji Srinivasan explains his rationale for his $1M bitcoin bet and updates his timeline. Tron’s Justin Sun apologizes after Binance’s Changpeng Zhao fires a warning after Sun’s recent token transfer. Plus, get ready for a new show where “Shark Tank” meets crypto.

See also:

Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout

Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days

Consensus 2023: Balaji’s Bold Bets

Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab

‘Shark Tank’ but Make It Crypto: CoinMarketCap Launching Competition TV Show

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 Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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