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North Korea Reportedly Stole Over $50M in Crypto to Fund Missile Program
"The Hash" team reacts to a report prepared for the United Nations revealing North Korea allegedly stole more than $50 million in crypto to help fund its missile development program. "This is the flip side of what these networks can be about," host Zack Seward said.
Polygon Raises $450M to Build Web 3 Applications, Invest in Zero-knowledge Tech
Polygon, a secondary scaling solution for the Ethereum blockchain, raised $450 million in a funding round to support its plans for building Web 3 applications and investing in zero-knowledge technology. Its native MATIC token surged over 15% after the announcement. "The Hash" panel discusses the industry implications for the project's first major raise since it was founded in 2017.
North Korea Gains From Cyberattacks; Russia Crypto Mining Tax?
Crypto cyberattacks benefit North Korea’s finances. Russian miners on alert over crypto tax. Crypto market cap rebounds above US$2 trillion mark. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
US Treasury Department Warns of NFT Risk in Art-Related Money Laundering
In a study published Friday, the U.S. Department of the Treasury warned that non-fungible tokens (NFTs) may become a tool for money laundering in the high-value art market. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest crypto focus in Washington and the outlook for NFT-specific recommendations.
Voyager CEO: ‘BTC Definitely Going Into 6 Figures by End of Year, Probably Higher’
Bitcoin has climbed near $44,000 Monday as the total global cryptocurrency market cap bounces back. Steve Ehrlich, co-founder and CEO of Voyager Digital, discusses his crypto markets analysis and outlook. “We’re definitely going into the six figures [for BTC] by the end of year, probably higher,” Ehrlich said.
Exploring the Impact of Texas Winter Storm on Crypto Mining Operations
A number of crypto miners in Texas are already shutting down some or all of their operations as the region awaits an Arctic blast that is likely to test the state’s power grid this week. CoinDesk’s Tech Managing Editor Christie Harkin discusses what this means amid increased focus on the mining community’s energy consumption.
BTC Bounces Above $40K for First Time in 2 Weeks Despite Low Volumes
January’s spot trading volume for the crypto market across major exchanges reached their lowest level since December 2020. Still, bitcoin topped $40,000 for the first time in two weeks Friday after dipping. Is this an end to the bear market? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
What's Driving Bitcoin’s Surge to $40K?
Bitcoin jumped to a two-week high Friday near $41,000 as crypto traders grew more confident the market has stabilized following a recent slump, and some analysts flagged the possibility of a short squeeze. CoinDesk's Christie Harkin and Brad Keoun review the week's top stories moving bitcoin and the wider crypto markets.
JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report
In his 30-page investigation that riffs on the 1941 film “The Maltese Falcon,” Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, slams blockchain and crypto to say bitcoin’s lofty valuations are the “stuff that dreams are made of.”
Binance CEO Warns of ‘Massive’ SMS Phishing Scam
Binance CEO Changpeng “CZ” Zhao warned Friday of a “massive phishing scam via SMS” with a link to cancel withdrawals that leads to a website that harvests Binance users’ credentials. “The Hash” hosts discuss the latest story signaling the importance of personal security in the crypto space.