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UK Judge Awards Craig Wright One British Pound in Libel Lawsuit Damages
U.K. High Court Judge Martin Chamberlain has ruled that Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, advanced false evidence in his defamation case against Peter McCormack. The judge awarded Wright only nominal damages of one British pound. Law firm Anderson Kill Partner Preston Byrne discusses the key takeaways and next steps.
NFT Marketplace Magic Eden Announces Ethereum Expansion
Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.
Coinshift Partners With Deepak Chopra-Linked DAO for Treasury Management
DAO tooling startup Coinshift has partnered with EarthFund, a crypto crowdfunding company linked to self-help guru Deepak Chopra that creates decentralized, philanthropic communities, to manage its ecosystem of treasuries. "The Hash" team discusses the emerging trend of crypto for social good.
Hackers Drain Nearly $200M From Cross-Chain Token Bridge Nomad
Nomad bridge suffered an attack on Monday as hackers drained the protocol of virtually all of its funds to a total of nearly $200 million. "The Hash" panel discusses the latest crypto hack, how investors should protect their digital assets and the potential risks of cross-chain bridge models.
Miami Mayor on Crypto Market Downturn, New Initiative to Launch 5,000 ETH NFTs
Miami Mayor Francis Suarez joins “First Mover” to discuss the recent market downturn, Miamicoin’s recent crash, and his continuous support for the crypto industry. TIME President Keith Grossman joins Mayor Suarez with more details on Miami’s plan to launch 5,000 Ethereum NFTs in collaboration with TIME, Mastercard and Salesforce. Plus, an outlook on Web3 adoption.
Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit
The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”
New York Dept of Financial Services Fines Robinhood Crypto $30M
The New York State Department of Financial Services fined Robinhood’s cryptocurrency trading unit $30 million for alleged violations of anti-money-laundering and cybersecurity regulations. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the penalty. Plus, insights into SEC's fraud charge on Ponzi scheme Forsage and latest on Bitfinext hack laundering suspects "Razzlekhan" and "Dutch."
Cross-Chain Token Bridge Nomad Loses Nearly $200M in Exploit
The cross-chain token bridge Nomad was exploited Monday, with attackers draining the protocol $200 million of its funds. Halborn co-founder Steven Walbroehl explains what happened and why crypto bridge services are frequently targeted by hackers. Plus, advice for investors on how to secure digital assets.
Flippening Ahead?; NFT Sales Fall Again
Ethereum overtakes Bitcoin in options market, prompting suggestion the flippening is imminent. Binance clarifies details of compliance efforts. Singapore court gives Vauld three months protection from creditorsNFT sales limp into July with a 25% drop from June as broader crypto slump spreads. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
U.S. Senators Introduce Bipartisan Bill to Simplify Crypto Transactions for Everyday Purchases
Senators Pat Toomey (R-Pa.) and Kyrsten Sinema (D-Ariz.) introduced a new bipartisan bill that would simplify the use of digital assets for everyday purchases. Coin Center Executive Director Jerry Brito shares insights into the proposed legislation and what this means for mass adoption.
