Cryptocurrency

Coinbase Makes Strategic Investment in Crypto Exchange Zipmex: Report
According to The Block, Coinbase Global (COIN) has agreed to make a strategic investment in Singapore-headquartered cryptocurrency exchange Zipmex. “The Hash” discusses the outlook for the crypto exchange amid a hiring pause.

Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish
Galaxy Digital CEO Mike Novogratz spoke at a conference on Wednesday, noting the company is in a “really good position to build through this downturn.” "The Hash" discusses the billionaire investor's outlook and his thoughts on crypto adoption.

Will El Salvador Default on its Sovereign Debt in 2023?
El Salvador has an $800M sovereign bond due in January 2023 while the issuance of a $1 billion bitcoin bond is delayed. Frank Muci, LSE School of Public Policy fellow, discusses the key takeaways of his recent op-ed on El Salvador’s massive debt and the potential ramifications if it were to default.

Ethereum’s Ropsten Testnet Has Completed its Merge
The Ethereum blockchain’s first dress rehearsal for its upcoming merge was successfully completed Wednesday. “The Hash” discusses the long-awaited milestone in Ethereum’s journey toward a new proof-of-stake (PoS) consensus mechanism.

Twitter Exec. On Jack Dorsey Resignation, Decentralized Social Media, Web 3, and More
CoinDeskTV’s Christine Lee sat down with Esther Crawford, Twitter Product Lead for Creators, at the 2021 Miami Art Basel. The two discuss Jack Dorsey’s resignation and Parag Agrawal’s appointment as CEO, Twitter’s ambitions to decentralize social media through their protocol Blue Sky, and the integration of digital assets like cryptocurrency and NFTs into Twitter.

Why GameStop Is Entering the NFT and Crypto Markets
In its continued effort to turn around the videogame retail chain, GameStop has announced its plans to launch a marketplace for NFTs while pursuing cryptocurrency partnerships.

Tom Brady on Crypto: ‘I Don’t Think It’s Going Anywhere’
During a keynote conversation with FTX CEO Sam Bankman-Fried at Consensus 2021, seven-time Super Bowl champion Tom Brady talked about his company Autograph, why he’s a big believer in crypto and how it fits into his mantra of staying ahead of the curve.

Brian Brooks: 'Bad Idea to Politicize the Banking System'
During a 1:1 discussion at Consensus 2021, former Acting Comptroller of the Currency Brian Brooks, now CEO of Binance.US, emphasized the idea of a bank that is "custodying fine art collections or rare wines gets access to the Fed but a bank that is custodying crypto private keys can’t" has no justification outside of political ideology.

NSC Director: Biden Administration Hasn't Determined Holistic Policy Approach to Virtual Currency
Speaking at Consensus 2021, Carole House, National Security Council Director for Cybersecurity and Secure Digital Innovation, said the executive branch hasn't taken a position of banning or making virtual currency illegal, but it has said it has the same obligations as any other financial activity, including preventing terrorist financing and money laundering.

PayPal Exec: Third-Party Wallet Transfers Coming to PayPal, Venmo Soon
Speaking at Consensus 2021, Jose Fernandez da Ponte, PayPal's VP & GM of Blockchain, Crypto and Digital Currencies, confirmed that the global payments giant will soon let users withdraw cryptocurrency to third-party wallets.
