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Bitcoin Holds Above $32K as Sentiment Improves
Cryptocurrencies are mostly higher on Friday as bullish sentiment returns into the weekend, with bitcoin trading around $32K at press time.
BlockFi Pursuing Plans to Go Public Despite Regulatory Scrutiny
CoinDesk "First Mover" editor Brad Keoun and research analyst George Kaloudis discuss what to watch for next week as crypto lender BlockFi reportedly aims to go public amid growing regulatory scrutiny. Plus, exploring bullish signals for institutional interest in the crypto markets as JPMorgan announces it now offers clients access to some crypto funds, including GBTC.
Reddit to Scale Its Ethereum-Based Community Points System With Arbitrum
Social media platform Reddit has selected rollup technology Arbitrum to scale its Ethereum-based Community Points system.
IRS Tweaks Crypto Question Language on 2021 Individual Tax Form Draft
In its 2021 draft of the 1040 Individual Income Tax Return form, the U.S. Internal Revenue Service (IRS) has more clearly stated how crypto assets should be taxed than 2020. “The Hash” hosts discuss the possible impact of IRS’ efforts to tackle crypto tax evasion.
Solana Offers $5M Fund for Creators to Start Building on Web 3.0
The Solana Foundation and two of the network’s leading platforms, Audius and Metaplex, are putting $5 million towards the Solana Creator Fund to lure 1,000 musicians and artists into building on Web 3.0. "The Hash" panel discusses how the fund may contribute to the future of Web 3.0, exploring the power of the Solana blockchain as a potential source of income for creators.
Why Are US Regulators Cracking Down on BlockFi?
Texas joins Alabama and New Jersey in alleging that BlockFi’s interest-bearing product (BIA) might violate state securities laws. “The Hash” panel discusses the potential factors driving national enforcement actions against the crypto lending platform and whether the federal government is likely to step in.
How Crypto Is Changing The Gaming Business
Jeffrey (Jihoz) Zirlin, co-founder of Sky Mavis, the game developer behind popular blockchain-based trading and battling game Axie Infinity, discusses how new economies of "play-to-earn" are transforming the world of traditional video gaming. "What we're seeing is gaming's massive potential to be a trojan horse for crypto adoption," Zirlin said.
Sky Mavis Co-Founder on Future of Blockchain Games
“Community Crypto” host Isaiah Jackson is joined by Jeffrey (Jihoz) Zirlin, co-founder of game developer Sky Mavis, to discuss what the future holds for blockchain games and non-fungible tokens (NFTs). Plus, the social experience of Sky Mavis’ flagship NFT pet game Axie Infinity and the potential risks of playing to earn.
Blockchain Protocol THORChain Suffers Another Hack Totaling $8M
Cross-chain decentralized exchange THORChain has been hit by another exploit, this time costing around $8 million. Last week, the protocol was drained of around 4,000 ether in a separate incident. “The Hash” panel discusses the potential risks of investing in DeFi as the sector becomes increasingly subject to major crypto hacks.
Crypto Venture Studio Thesis Raises $21M to Keep Building
Thesis, the crypto incubator behind the Fold crypto rewards app and the decentralized Keep protocol, has raised $21 million in a Series A funding round led by Polychain Capital and others. Thesis CEO Matt Luongo discusses the studio’s plans following the raise.