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Did Elon Musk's Bitcoin Breakup Emoji Spook the Markets?
Bitcoin dropped to $36K today, and many are blaming the drop on Elon Musk's Twitter presence. The Tesla CEO posted a broken heart meme insinuating he was breaking up with bitcoin, but is that what's really behind bitcoin's dip? Jeffrey Wang of Amber Group joins "First Mover" to weigh in on what's driving the crypto markets.
Is Banning Bitcoin the Solution to Ransomware Attacks?
After the Colonial Pipeline ransomware attack, some on Capitol Hill are wondering whether restrictions – or even an outright ban – on bitcoin are a solution for the growing problem of ransomware attacks. CoinDesk's Nik De weighs in.
Bitcoin's Price Inches Towards $40K, Are Further Gains Ahead?
The price of bitcoin is hovering around $38K, but is the upward momentum likely to last? "All About Bitcoin's" host Christine Lee looks at the data in the "Chart of the Day."
Is the OCC About to Shake Up Its Digital Asset Guidance?
Acting Comptroller of the Currency Michael Hsu said he and his staff are looking at “everything” in the digital asset guidance issued under his predecessor, Brian Brooks. Andres Ricaurte of Mphasis thinks it’s too late to make any drastic changes, and that regulatory clarity will be beneficial to the crypto industry.
Biden Bans American Investment in 59 Chinese Firms
U.S. President Joe Biden signed an executive order today banning Americans from investing in 59 Chinese firms with ties to the military. Bitcoin mining engineer Brandon Arvanaghi shares his view on how the rising economic tensions between the two countries could impact bitcoin innovation.
Crypto-Rich Millennials Report Being Anxious and Stressed
A recent Wall Street Journal article profiled several millennials who’ve recently become wealthy from crypto and market investments. These young investors reported being anxious and stressed over concerns about preserving their money. “The Hash” panel discusses the lack of upward mobility, the financial pitfalls faced by the millennial generation and how this intersects with crypto.
Apple Co-Founder Loses Bitcoin Scam Ads Lawsuit Against YouTube
Steve Wozniak, co-founder of Apple, recently lost his case against YouTube involving ads for a crypto scam that used his name and image without permission. Similar scam ads using photos of Elon Musk, Bill Gates and others run on YouTube – and the platform will not be held responsible. "The Hash" panel discusses the Section 230 law, the nature of crypto scams and the "whack-a-mole" approach that platforms take to fighting them.
Cybersecurity Firm NortonLifeLock Will Now Allow Customers to Mine Crypto
NortonLifeLock announced it will allow customers to mine ether. The new feature, called Norton Crypto, is currently only available to some Norton 360 customers, but the company hopes to roll out the feature to all of its customers eventually. "The Hash" panel discusses what Norton's move means for the normalization of crypto and crypto mining.
Russian Political Activists Are Encouraging Crypto Donations, Education
Russian political activists aligned with Alexei Navalny are asking supporters to make donations using crypto to avoid financial surveillance. The activists are also encouraging their supporters to learn about crypto and are offering educational materials. "The Hash" panel discusses the situation in Russia and the use case of crypto as a censorship-resistant form of money.
Governments Meet Crypto Industry; Hope for Bitcoin Miners in Sichuan
Governments throughout Asia are meeting with the crypto industry to discuss how to regulate the booming industry. Chinese local media reports the authorities in Sichuan may take a more lenient approach to bitcoin mining despite Beijing’s mining clampdown. Also, BC Group’s OSL announces tie-up with SC Ventures. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
