Wendy O
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Sell-Off in Chinese Tech Stocks Accelerates Amid China’s Widening Tech Crackdown; What This Means for Crypto
The Hash” tackles today’s top stories: A massive sell-off of Chinese tech stocks as China’s tech crackdown deepens, Huobi shuts down Beijing entity, Amazon denies report it’s planning to accept bitcoin by the end of the year, bug detected in decoy algorithm for privacy coin Monero, crypto fintech ECO raises $60 million for high-yield USDC app, and Shopify to allow merchants to sell NFTs directly through their stores.
Tether Executives Facing DOJ Bank Fraud Probe, Bitcoin Rallies Back, Amazon’s Potential Digital Currency Adoption
“The Hash” hosts discuss today’s top stories: According to Bloomberg, Tether executives are facing a criminal probe into bank fraud by the Justice Department, Bitcoin rallies above $38K after weeks of consolidation, Amazon looks to hire a digital currency chief, Binance is joining FTX in cutting leverage limit, and Uniswap is limiting access to some tokens citing an “evolving regulatory landscape.” Nevertheless, the number of crypto ATMs surged 70% globally this year.
Blockchain Protocol Thorchain Suffers Another Hack Totaling $8M, IRS Tweaks Crypto Question on 2021 1040 Draft Form
“The Hash” hosts discuss today’s hot topics: Blockchain protocol Thorchain suffers another Hack totaling $8 million, Texas joins Alabama and New Jersey in banning BlockFi interest account (BIA) product, IRS tweaks crypto question on its 2021 1040 draft form, Reddit to scale its Ethereum-based community points with Arbitrum, and Solana is offering a $5 million fund for artists and musicians to start building on Web 3.0.
Elon Musk Says Tesla Could Resume Accepting Bitcoin, Is EU Really Banning Anonymous Crypto Wallets?
“The Hash” hosts discuss today’s hot topics: Elon Musk says “it is most likely” Tesla would resume accepting bitcoin as payment, Bloomberg reports Stellar eyeing acquisition of the 81-year-old remittance company MoneyGram, why EU may not be banning anonymous crypto wallets, Bank of Russia tells exchanges to avoid crypto-related funds, and Venmo is getting more private but not necessarily safer.
FTX Now Valued at $18B After Largest Funding Round in Crypto History, Why Blockchain Adoption May Not Solve China’s Digital Inequality
“The Hash” hosts discuss today’s hot topics: what crypto exchange FTX is planning to do with its latest $900 million funding round, could BlockFi face more regulatory scrutiny after New Jersey’s acting attorney general (AG) halts its Interest Account (BIA) operations? China’s digital inequality dilemma: open-source innovation vs. control, and bitcoin miners now have a new tool to verify their machines’ hashrate. Plus, Tom Brady has new partners for his NFT platform “Autograph.”
Private Israeli Spyware ‘Pegasus’ Hacked Into Journalists’ Phones, Circle Reveals Assets Backing USDC Stablecoin
“The Hash” panel discusses today’s hot topics: the role of the private Israeli spyware “Pegasus” in the murder of Washington Post’s columnist Jamal Khashoggi, three U.S. senators are urging Team USA not to use China’s digital yuan in the upcoming 2022 Beijing Winter Olympics, Circle reveals USDC stablecoin’s underlying assets, NFT platform OpenSea is now officially a crypto unicorn with a $1.5 billion valuation, and it’s wine o’clock on the blockchain: how Georgia is making its wine even more accessible.
Did Stimulus Checks Fuel Bitcoin Price’s Surge Last Year?, Elliptic Releases Case Study on Ransomware Attacks
“The Hash” hosts discuss today’s hot topics: Cleveland Fed releases a report saying COVID-19 stimulus checks fueled “modest” jump in bitcoin price last year, Blockchain analytics firm Elliptic’s case study on ransomware attacks, Russia’s industry group is working with regulators to bring crypto mining to the country, Turkey is reportedly getting ready for its crypto law, and crypto risk management: taming wildcat stablecoins.
Sources to CoinDesk: Bank of America Approves Bitcoin Futures Trading for Some Clients, Some Cubans Are Now Taking Crypto Donations
“The Hash” hosts discuss today’s hot topics: Bank of America is reportedly allowing access for some clients to trade bitcoin futures, Binance announces it is halting its stock token service barely three months after its launch as global regulators zooming in, Square is building a new crypto business, and OpenBazaar’s demise and the future of Web 3.0. Plus, why are some Cubans turning to crypto for donations?
White House Ramps Up to Combat Ransomware, Crypto Crowdfunding for a New Documentary About Vitalik Buterin and More
“The Hash” panel tackles today’s hot topics: the Biden administration’s new task force will go on offense and defense against ransomware attacks, a new documentary about Vitalik Buterin and Ethereum is in the works, and fantasy soccer NFT platform Sorare is reportedly raising over $500 million. Plus, why the hot fintech “neobank” startup Chime is racking up tons of customer complaints.
Bitcoin Under Pressure as Fed Chair Powell Testifies in Congress on Inflation, Economy, ECB Moves to Start Digital Euro Project
“The Hash” hosts discuss today’s hot topics: Federal Reserve chair Jerome Powell is testifying in Congress on inflation outlook and state of the economy. European Central Bank (ECB) moves to start digital euro. Why is ShapeShift shutting down? Compass mining inks deal with nuclear power startup for clean energy and a stellar second quarter for Binance-backed travel platform Travala.
