Bitcoin Ends the Week Higher; New Developments in FTX Hack Mystery

Has the FTX hack been solved. And Larry David speaks out about that infamous Super Bowl ad. You're watching Coin Desk Daily. I'm your host, Jen Sani Bitcoin is ending the week at $42,622 as of 9 a.m. today. That's after new jobs data was released this morning. The US added 353,000 jobs versus economist forecasts for 100 and 80,000. This comes less than two days after central bank rates mostly plateaued. On Wednesday, the US Federal Reserve held its policy steady leaving its benchmark fed funds rate on changed on Thursday. The Bank of England also left its key interest rate. Steady. Victor who is a producer on this show here at Coin Desk. Made this meme inspired by the web comic White Ninja to reflect some of the market hopes of a rate cut this March. If you're listening to this and not watching, basically, this meme is showing that rates are just not moving and we want them to move. And so we just wish that there was someone out there poking them uh long the FTX hack might just be solved. The US federal government charged three people with a years long phone hacking conspiracy that culminated in the infamous theft of $400 million from FTX as it was collapsing. Robert Powell Carter Roan and Emily Hernandez have been accused of conspiracy to commit wire fraud and identity theft in their operation of a sin swapping ring that targeted 50 victims from March 2021 to April 2023. The trio allegedly gained access to an employee of FTX through AT&T and transferred out millions of dollars worth of crypto. And speaking of FTX, Larry David is speaking about his infamous FTX super Bowl commercial. The comedian was self easing when asked this week about starring in the ad for the crypto exchange previously run by Sam Bakeman Fried, which collapsed months after it aired. He told the associated press in part, quote, like an idiot. I did it and quote, that's it for coin desk daily. Get more updates on coindesk.com and we'll see you next time.