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Latest from William Foxley
White House Slams Crypto As 'Too Risky'; Sushi DAO Served With SEC Subpoena
"The Hash" tackles today's hot topics: A new White House annual economic report devotes an entire section to criticizing crypto. Sushi DAO is served an SEC subpoena. Copper is the latest crypto company announcing layoffs. Plus, why is the usage of Nigeria's digital currency, eNaira surging?
Florida Gov. DeSantis Proposes Ban on CBDCs; Tax Man Cometh for NFTs
"The Hash" tackles today's hot topics: Treasury Secretary Janet Yellen says the U.S. will intervene to protect smaller banks if necessary. Florida Governor Ron DeSantis is proposing a law to ban CBDCs. India's central bank wants privacy protections in place for retail CBDC users. Plus, the IRS wants to tax non-fungible tokens (NFTs) just like other collectibles.
Balaji's $1M Bitcoin Bet; Sen. Warren Calls Fed Chair Powell a Failure
"The Hash" tackles today's hot topics: What bitcoin futures are signaling. Former Coinbase CTO Balaji Srinivasan wagers a bet that bitcoin will hit $1 million in 90 days. Warren Buffett has reportedly been in touch with the Biden White House as the regional banking crisis unfolded. Plus, Sen. Elizabeth Warren calls Fed Chairman Jerome Powell a failure.
First Republic Bank's Stock Sinks Even After Big Bank Bailout, Salesforce Partners With Polygon on Web3 Projects
"The Hash" tackles today's hot topics: 11 major banks take action to rescue First Republic Bank. So why is First Republic's stock still selling off? Time Magazine reports that leaders of the Effective Altruism movement were repeatedly warned about Sam Bankman-Fried's character years before FTX collapsed. Plus, Salesforce is teaming up with Polygon for NFT-based loyalty programs.
Date Set for Staked ETH Withdrawals, FDIC Reportedly Demands Buyers of Signature Bank to Give Up Crypto
"The Hash" tackles today's hot topics: Will any potential buyer of Signature Bank be mandated to give up the bank's crypto business? Ethereum's long-awaited Shanghai upgrade now has an official target date. The Federal Reserve sets a launch date for instant payments. Plus, a U.S. bankruptcy judge rejects the government's request to halt Binance.US' buy of Voyager Digital's assets.