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NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage

Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.

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AMC Will Soon Accept Bitcoin for Tickets and Concessions

AMC Entertainment Holdings, America's largest movie theater chain, will begin accepting bitcoin payments for tickets and concessions by the end of the year, CEO Adam Aron said on Monday's Q2 earnings call. "The Hash" squad discusses the practicality of AMC embracing crypto and whether it is just a play to appease its online fan community by way of Reddit's Wall Street Bets movement.

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Crypto Coin Listings Exploded in 2021

In the first half of 2021, CoinMarketCap added 2,655 new crypto assets to its database to a total of 10,810 listed coins. The data aggregator and two others cited the surge to be driven by a combination of bullish price action, the influx of traditional financial institutions, influencers and celebrities to the space, a non-fungible token (NFT) boom, and the rise of meme coins. "The Hash" team digs into the data and what it reveals about the outlook for the crypto industry.

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Largest Hack in Crypto History? $600M in Crypto Potentially Stolen From DeFi Platform Poly Network

Cross-chain decentralized finance (DeFi) platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto. This figure would place the Poly Network hack among the largest in crypto history. “The Hash” hosts discuss the implications for DeFi regulation amid U.S. lawmakers reining in on the digital asset sector.

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US Senate Passes $1T Bipartisan Infrastructure Bill

After months of negotiations, the U.S. Senate voted Tuesday to approve the $1 trillion bipartisan infrastructure bill without any crypto amendment. The legislative body will now send the original provision to the House of Representatives, where a resolution is to be motioned once members return from their recess in the fall.

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Opimas CEO: ‘Huge Silver Lining for Crypto in Infrastructure Bill’

Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses why the U.S. Senate’s $1 trillion infrastructure bill could have driven crypto markets higher. ​”Within the infrastructure bill actually, there is a huge, huge silver lining for crypto, [and] I think that’s why we’re seeing bitcoin shoot up,” Marenzi said.

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What the Infrastructure Bill Could Mean for Crypto Firms

Jeff Horowitz, Chief Compliance Officer of crypto custodian BitGo, digs into the U.S. Senate's $1 trillion infrastructure bill and what it could mean for his business. "I don't see it as a day one issue for us, but as we've seen this week, really broad and narrowly defined definitions could mean a lot," Horowitz said. "To put a bill out there and figure out later is not the best way to go about sensible regulation." Plus, his insights into why the U.S. government has given a contract to Anchorage Digital over BitGo and broader crypto adoption for the institutional markets.

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Hong Kong Artists Embrace NFT’s, NFTs New Top K-Pop Merchandise

Hong Kong artists embrace NFTs. NFTs to become must-have merchandise for K-Pop fans, and an Indonesian resort offers NFT timeshares. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Senate Rejects Compromise Crypto Tax Amendment in $1T Infrastructure Bill

Perianne Boring, founder and president of lobbying group Chamber of Digital Commerce, discusses the details, reactions, and potential impacts of the Senate’s rejection of a compromise crypto tax amendment in the $1 trillion infrastructure bill. “About 2% of legislation ever introduced actually becomes law,” Boring said.

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Is the Battle Over After Crypto Amendment Blocked In Senate?

After a vote Monday, U.S. Sen. Richard Shelby (R-Ala.) filed an objection to the bipartisan compromise on a crypto tax provision in its $1 trillion infrastructure bill. The Senate is now poised to pass the version without the crypto amendment. Next, it's expected to send the bill to the House of Representatives, which prepares to take it up later this year. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses what happened during the 11th-hour debate on the crypto amendment and the implications for crypto.

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