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Latest from Zack Seward
Robinhood Slapped With $70M Fine, Mercado Bitcoin Raises $200M and Syndicate Gains $800K in New Investments
“The Hash” tackles today’s hot topics: Robinhood agrees to pay $70 million in a record settlement over misleading customers and system outages, SoftBank invests $200 million in Brazil crypto exchange Mercado Bitcoin, decentralized investing platform Syndicate raises $800K from 100 investors, and China renewed its crackdown on crypto before the Chinese Communist Party’s 100th birthday Thursday. Was the timing deliberate? Also, a story that’s raising a few eyebrows: former Y Combinator head Sam Altman wants to trade your retina scan for cryptocurrency.
Berners-Lee NFT Sells for $5.4M at Sotheby's
High-end digital collectibles are still fetching large sums.
Russia and China Moving Their CBDC Projects Forward, With Spain Calling for Its Own as Euro Alternative
“The Hash” tackles today’s hot topics: The Bank of Russia has reportedly named 12 banks, including Russia’s largest credit organizations, to pilot the digital ruble, Subway passengers in Beijing can now use the digital yuan to pay their fares, Spain is considering a national digital currency alternative to the Euro, the USDC stablecoin may soon expand to 10 more blockchains, NYDIG and partners announce a bitcoin ad blitz in mainstream media, and U.S. Congressman Bill Foster, who co-chairs a blockchain caucus, reportedly proposes a “cryptographic backdoor” to catch bad actors.
USDC Stablecoin Could Soon Expand to 10 More Blockchains
The stablecoin with a market cap of $25 billion is currently on four networks.
Making Bold Crypto Moves: Coinbase, ARK Invest, Tom Brady
“The Hash” tackles the day’s hot topics: Cathie Wood’s ARK Invest jumps into the bitcoin ETF race, and Coinbase debuts a savings product paying 4% APY on deposits of the stablecoin USDC. The crypto community is talking about the reported death of Mircea Popescu, one of the largest owners of bitcoin, Bitcoin’s mining hashrate has dropped to a 1-year low, and Tom Brady, along with his wife Gisele Bündchen, are now part owners of FTX.
Tom Brady, Gisele Bündchen Become Part Owners of FTX
The financial terms of the long-term partnership with Sam Bankman-Fried’s trading empire were not disclosed.
Cathie Wood's ARK Invest, 21Shares Team Up to Enter Bitcoin ETF Race
The "ARK 21Shares Bitcoin ETF" hopes to be the first to win approval from U.S. regulators.
Is Crypto Climbing Out of a Mini Bear Market? Binance Facing Pushback by Regulators and More
“The Hash” tackles today’s top stories: Bitcoin, ether, broader crypto market are flashing green. Are we climbing out of a mini bear market? Binance is facing pushback from regulators in several countries, Mexican billionaire Ricardo Salinas Pliego says he’s working for his bank to be the first in his country to accept bitcoin, Polygon’s stablecoin SafeDollar’s value falls to zero after a cyberattack, and NFTs are engaging comic book fans in novel ways.
El Salvador’s Free Crypto Offer Raising Privacy Concerns, Dfinity ICP Token Crash, Sotheby’s Auctions Jay-Z’s Debut Album NFT and More
“The Hash” tackles today’s hot topics: El Salvador’s bitcoin currency rollout to include free crypto to encourage citizen participation, Google delays Chrome’s cookie-blocking privacy plan to 2023, Dfinity’s ICP token crashes by 95% in nearly two months, Rapper “The Game” is staring down a $12 million joint class action over Paragon ICO, and Jay-Z teams up with Sotheby’s to auction a “Reasonable Doubt” NFT celebrating the 25th anniversary of the album.
The Controversial Life and Legacy of John McAfee, the Mysterious Disappearance of Africrypt Founders, $3.6B in Bitcoin and More
“The Hash” tackles today’s hot topics: The crypto community reacting to news of John McAfee’s apparent suicide in a Spanish prison, and founders of a South African crypto investment firm along with $3.6 billion in bitcoin are missing, according to Bloomberg. Andreessen Horowitz rakes in $2.2 billion for a third crypto venture fund, Huobi’s U.S. affiliate is set to go live in July, and Hong Kong cyber activists adding Apple Daily articles to blockchain platforms after the pro-democracy newspaper was forced to shut down.