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Key Takeaways From Crypto CEOs' Capitol Hill Hearing

The House Financial Services Committee convened Wednesday morning with executives from six major cryptocurrency companies to discuss digital assets and stablecoins. CoinDesk's Galen Moore shares insights into the main takeaways and reactions to Bitfury CEO Brian Brooks making a case for decentralization.

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Is Bitcoin Mining Still Profitable?

Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.

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MoonPay CEO on Raising $555M, $3.4B Valuation

MoonPay, a payment infrastructure provider for crypto companies, has raised $555 million in an all-equity Series A round led by Coatue and Tiger Global that values the firm at $3.4 billion. MoonPay co-founder and CEO Ivan Soto-Wright shares insights into the firm’s payment infrastructure, the latest funding round, and expansion plan.

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Tough Measures in India’s Crypto Bill, NFTs a Hot Christmas Gift

Updates to Australian crypto regulation proposed. Jail a possible penalty for violations of India’s proposed crypto bill. NFTs a hot gift this holiday season. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Crypto CEOS Testifying at Landmark Hearing

Amidst regulatory uncertainty, FTX’s Sam Bankman-Fried, Bitfury’s Brian Brooks, and Circle’s Jeremy Allaire are among the six executives speaking at today’s House Financial Services Committee hearing. CoinDesk’s Nikhilesh De discusses the potential outcomes. Plus, the Senate Banking Committee will reconvene next Tuesday to discuss stablecoins.

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Strike CEO Jack Mallers on El Salvador’s Bitcoin Adoption

Jack Mallers, Strike CEO and a top 10 winner of CoinDesk’s Most Influential 2021, shares insights into his mission to bank the unbanked that has led him to spread bitcoin adoption across El Salvador.

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Nexo Co-founder on Growing Institutional Demand for Crypto Assets

Nexo will work with Fidelity Digital Assets to provide products and infrastructure for institutional investors. The cryptocurrency lender has also made a strategic investment in Texture Capital, an SEC-registered broker-dealer catering to institutions. Nexo co-founder Kalin Metodiev shares insights into the deals and the wider crypto markets.

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Jack Dorsey's Puppet Promotes Spiral's Lightning Development Kit

Jack Dorsey and the team at Spiral, formerly known as Square Crypto, have released a mini-documentary featuring a puppet Dorsey to explain their Lightning Development Kit (LDK). "The Hash" hosts discuss the latest project turning heads in the crypto community as part of Dorsey's ongoing bitcoin advocacy.

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Craig Wright Found Not Guilty of Fraud in Bitcoin Trial

A federal jury has ruled while Craig Wright is cleared of most charges, he must pay $100 million to W&K Info Defense in intellectual property rights, a company founded by late computer scientist Dave Kleiman. “The Hash” team unpacks the jury’s decision in Bitcoin’s landmark case and why this is a continuing story to watch.

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Crypto Tumblers, Exchanges in DOJ’s Focus as It Launches New Task Force

The Department of Justice (DOJ) has introduced a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering, according to CoinTelegraph. “The Hash” panel discusses crypto under the microscope following the Biden Administration’s latest attempts to counter corruption.

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