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SOL Hits Record High, Climbs Above $100 as Total Value Locked on Solana Crosses $3B
Programmable blockchain Solana’s SOL token crossed the $100 mark on Monday, drawing a three-figure price for the first time. The cryptocurrency ranked eighth largest by market cap, ahead of Polkadot and stablecoin USDC. "The Hash" team discusses their reading of the SOL rally and the potential outlook for the so-called "Ethereum killer."
Square's Jack Dorsey Plans to Build Decentralized Bitcoin Exchange
Payment giant Square plans to build a decentralized bitcoin exchange via its new division focused on creating an open developer platform, with more details TBD, said CEO Jack Dorsey. "The Hash" squad unpacks the industry implications for Dorsey's latest crypto project and the possible hurdles for rolling out such a protocol.
China to Build Global Clearing Network for Mobile Payments Using Digital Yuan
According to the People's Daily, China aims to build an international clearing and settlement network for mobile payments using the digital yuan, saying renminbi (RMB) internationalization is inevitable. Meanwhile, the central government is tightening its grip on control as it's now issuing guidance for time spent on video games. "The Hash" hosts discuss the latest on China's central bank digital currency (CBDC) pilot, its implications for global finance, and if China's political model impedes innovation.
Solana Enters List of Top 10 Cryptocurrencies by Market Cap
Solana’s SOL token is now the 8th biggest cryptocurrency by market value. Toroso Investments CIO Michael Venuto discusses his take on what could be driving the current Solana rally. Plus, his insights into the possible impact of the $1 trillion infrastructure bill on institutional interest in crypto and outlook for bitcoin exchange-traded funds (ETFs).
Crypto Firms Want Access to Federal Reserve Payment Systems
Avanti Bank and Kraken are among several crypto firms seeking direct access to the Federal Reserve’s payment systems used by traditional banks that would allow them to more quickly and cheaply process orders for digital assets. CoinDesk’s Nikhilesh De unpacks the latest trials in crypto banking and the implications for the blockchain community.
Bitcoin’s Future in Arizona
“Community Crypto” host Isaiah Jackson is joined by Alex Dischinger, Tucson Bitcoin podcast host and Bitcoin Meetup Organizer, to discuss the potential outlook for crypto adoption in Arizona. Plus, his take on the $1 trillion bipartisan infrastructure bill and its possible impact on crypto regulation.
The State of Crypto in Arizona
Alex Dischinger, host of the Tucson Bitcoin podcast and Phoenix Bitcoin Meetup Organizer, discusses the crypto landscape in the U.S. state of Arizona and its potential impact on its citizens. Plus, insights into how local bitcoin groups are keeping the community engaged during times of COVID.
Korea’s Love for Crypto Continues, Crypto Exchange Bilaxy Hacked
Data shows Korean love of crypto remains strong, despite new regulations. China banks release data on e-CNY progress. Hong Kong-based Bilaxy crypto exchange suffers US$21 million hack. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
$1T Infrastructure Bill ‘A Coming-Of-Age Moment’ for Crypto
Jarrod Loadholt, a partner at Ice Miller LLP, discusses where the crypto industry possibly sits within Washington now that the U.S. House of Representatives is considering the original provision of the Senate’s $1 trillion infrastructure bill without any crypto amendments.
Bitcoin Rises Above $48K as Dollar Drops After Powell’s Dovish Comments
Bitcoin gained Friday, and the U.S. dollar dropped in foreign exchange markets following Federal Reserve Chairman Jerome Powell’s dovish key speech at the U.S. central bank’s annual Jackson Hole conference. CoinDesk’s Galen Moore, Brad Keoun, and Christie Harkin discuss the implications for the crypto markets. Plus, the latest on bitcoin’s hashrate.
