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Sam Bankman-Fried agrees second bailout; Pride in the metaverse

Cryptocurrencies return to the red as inflation in the UK soars. Meanwhile, Sam Bankman-Fried agrees to bail out BlockFi for the second time.

Welcome to The Daily Forkast – June 23, 2022 – presented by Joel Flynn.

Coming up on today’s show:

Bitcoin, cryptocurrencies return to red with soaring UK inflation.

Meanwhile, Sam Bankman-Fried steps in to bail out BlockFi.

And in India, tax authorities to discuss 28% GST on crypto trading next week.

Over in China, Shenzhen financial regulators vow to prevent further crypto risks.

And finally, Pride events head into the metaverse, offering a new safe space for the LGBT community.

We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast June 23.