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Paxful's Bitcoin Peer-to-Peer Exchange Suspends Operations; Dogecoin Flips the Bird

The most valuable crypto stories for Tuesday, April 4, 2023.

April 4, 2023
Neha Narula
Director
Digital Currency Initiative
Neha will join CoinDesk's Michael Casey for "Remember Why We're Here: Crypto's True Purpose."
Neha Narula
Director
Digital Currency Initiative
Consensus 2023 Logo
Neha will join CoinDesk's Michael Casey for "Remember Why We're Here: Crypto's True Purpose."

"The Hash" tackles today's hot topics: What caused Paxful to suddenly shut down its bitcoin peer-to-peer marketplace? Binance's BNB token takes a hit and then rebounds after being caught up in the Crypto Twitter rumor mill. Dogecoin spikes after Elon Musk replaces the Twitter blue bird with a Shiba Inu. Plus, the latest project by the founders of bankrupt Three Arrows Capital is now live.

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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.”

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus.