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Crypto Markets Jolted by China Central Bank’s Crypto Ban
The crypto markets continue to slide following China's declaration of cryptocurrency-related businesses as illegal. CoinDesk's Christie Harkin and Brad Keoun discuss the potential market impact China could have in the short-term, expanding on why this latest crypto ban could be its most severe to date. Plus, their takes on Tuesday's Evergrande scare, JPMorgan's CME trading analysis, takeaways from the Mainnet conference, and Twitter's crypto developments.
Twitter to Add Bitcoin Lightning Tips, NFT Authentication
“The Hash” team discusses CEO Jack Dorsey’s continued infatuation with crypto as part of a larger push to monetize content creators and bring blockchain awareness to the mainstream. Twitter users on Apple’s iOS can now connect third-party tipping services to their profile, including the ability to link both Bitcoin and Lightning Network addresses.
Bitcoin Could Become Payment Option for Twitter’s Tip Jar Feature
A new report revealed that Twitter could soon enable users to tip content creators using bitcoin following the latest update to its “Tip Jar” feature in its beta code, indicating that users will be given bitcoin tutorials.
Twitter Picks Crypto Developer Jay Graber to Run Decentralized Social Media Wing 'Bluesky'
Crypto developer Jay Graber, who contributed to the privacy coin project Zcash until October 2018, will lead Twitter's "Bluesky" initiative to help create a decentralized social media protocol. "The Hash" hosts discuss the possible future of Twitter and social media following the social networking site's latest step towards decentralization.
Twitter CEO Jack Dorsey Getting Philosophical
Twitter CEO Jack Dorsey, a vocal crypto advocate, shared Austrian economist Murray Rothbard’s book “Anatomy of the State” in a tweet that was received positively by bitcoiners but confused some libertarians. “The Hash” panel discusses Dorsey introducing voluntarist ideas to the masses and the implications for the politics of Twitter and the overall crypto community.
Square Is Building Bitcoin Hardware Wallet
“We’re doing it,” Twitter CEO Jack Dorsey announced Square is building a bitcoin hardware wallet. "The Hash" hosts react to Square's move into hard wallet. Co-host William Foxley raised questions on the high saturation of the hardware market, saying, “I don’t understand why Square wouldn’t emphasize building options in Cash App. If they’re going for convenience, they have Cash App; a lot of features to add there to make it more robust.”