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Cathie Wood Says U.S. Is 'Losing' the Bitcoin Movement; Crypto’s Fentanyl Trade Worth Tens of Millions
"The Hash" hosts weigh in on the biggest stories shaping the crypto industry today, including ARK Invest founder Cathie Wood says the U.S. is 'losing' the bitcoin movement due to regulation. This comes as Elon Musk offers a warning about dogecoin. Separately, TRM Labs notes that attacks on token protocols and crypto projects dropped 70% in Q1 2023 compared to the same period last year. And, new research from both Chainalysis and Elliptic have put a number on how much fentanyl trade is done in crypto.
Ledger Delays Key-Recovery Service After Uproar; Bitcoin-Based NFTs Popularity Increases
"The Hash" hosts discuss the biggest stories shaping the crypto industry today, including hardware wallet provider Ledger delaying the release a key recovery feature. Meanwhile, Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam. Separately, new items on FTX CEO John Ray III's billing report suggest there is work underway for a reboot of the exchange. And, LabDAO, a decentralized autonomous organization focused on open-source drug discovery, has raised $3.6 million in a funding round.
Tornado Cash Attacker Submits Proposal to Undo Attack; Bitcoin Pizza Day Turns Sour
"The Hash" hosts weigh in on the top stories shaping the crypto world day, including a closer look at why the Tornado Cash token (TORN) is higher, after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s (DAO) governance state looks to reverse the malicious changes. Meanwhile, move-to-earn game STEPN is integrating Apple Pay. Plus, Bitcoin Pizza Day has taken a negative turn, as rug pulls dampen the anniversary of what's thought to be the first commercial bitcoin transaction.
Coinbase Praises Canada’s Crypto Approach; Ledger’s New Bitcoin Key Recovery Feature Debate Swirls
The hosts of "The Hash" discuss some of the biggest crypto headlines shaping the sector today, including Coinbase (COIN) saying it loves Canada, where the rules have been set out, compared with the U.S.’s lack of clarity. Separately, experts weigh in on an update from Ledger's new key-recovery feature. And, MicroStrategy co-founder and Executive Chairman Michael Saylor tells Decrypt the company is intrigued with how Ordinals could lead to software innovation.
Ledger Defends Recovery System; Ripple Starts Platform for Central Banks to Issue Their CBDCs
The hosts of "The Hash" weigh in on the biggest stories shaping the crypto industry today, including Ripple starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Separately, crypto wallet maker Ledger seemingly digs itself into a deeper hole while answering questions about the firm's new wallet recovery service on Twitter. Plus, a Santiment report reveals that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.
U.S. Crypto Firms Moving Offshore 'Welcome' in France; Florida Gov. DeSantis' Campaign Against CBDCs
"The Hash" hosts discuss today's top stories, including crypto companies fleeing U.S. regulatory uncertainty being welcomed by officials in France. Separately, why some lawyers say Florida Gov. Ron DeSantis' CBDC ban may be a toothless effort. Plus, Tether will regularly buy bitcoin (BTC) for its stablecoin reserves using a portion of its profits starting this month.
