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FTX Crypto Exchange Raises Record $900M Funding Round, Firm Valued at $18B

Sam Bankman-Fried's crypto exchange FTX has raised a record-breaking $900 million in a Series B round, bringing its total valuation to $18 billion. "The Hash" panel discusses the "expansion potential" of FTX's ever-growing empire. "Investors clearly think there's another Coinbase in the making," host Zack Seward said. "There's room for another big centralized exchange to serve the market, and Coinbase is not going to be the only one to do it."

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Tom Brady’s NFT Platform Autograph Partners With Lionsgate and DraftKings

Autograph, the non-fungible token (NFT) platform co-founded by Tom Brady launching this summer, has inked partnerships with entertainment company Lionsgate and sports betting firm DraftKings. It has also signed an exclusive, multi-year NFT deals with fellow iconic sports stars. "The Hash" group discusses the rising tide of NFT platforms, imagining the future of digital collectibles.

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Ethereum Co-Founder Anthony Di Iorio on Shifting Away From Crypto Space

Ethereum co-founder Anthony Di Iorio is selling his current venture, Decentral, to start a philanthropic foundation in the next year, but some suggest he’s leaving the crypto industry for good. Di lorio clarifies although his focus has changed, he will “always” be involved.

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CoinFund Targets ‘Early Mainstream Adoption’ With $83M Venture Fund

New York-based crypto venture firm CoinFund has headlined seven fundraising rounds so far this year in liquidity staking and blockchain gaming as part of an $83 million fund. CoinFund CEO Jake Brukhman discusses how the third fund, “Ventures,” is focused on “early mainstream adoption” and “taking blockchain mainstream.”

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BlockFi Receives Cease and Desist Order From New Jersey Attorney General

Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’s Nikhilesh De discusses the implications for BlockFi and its clients. Plus, his take on Circle’s breakdown of its assets backing the stablecoin USDC.

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FTX Closes Record Fundraiser, China Mobile Gets Hot Wallet Patent

FTX closes record US$900 million Series B funding round. China Mobile gets hot wallet currency management system patent. DTravel’s decentralized home-sharing platform hits 200,000 listings. 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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Bitcoin 7-Day Volatility Declines to Lowest Level Since October

Bitcoin’s seven-day volatility has declined further this week, recording its lowest level since October 2020. Arcane Research says the volatility is declining as bitcoin converges toward the low end of its two-month consolidation range, concluding that a spike in price seems imminent at this critical level.

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‘Bitcoin Boomer’: EU Proposing Ban on Anonymous Crypto Transactions ‘Not That Big of An Issue’

“Bitcoin Boomer” Gary Leland, the founder of the BitBlockBoom Bitcoin Conference, discusses why European Union (EU) policymakers proposing tighter regulation of crypto transfers is “not that big of an issue.”

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Bitcoin Close to Wiping Out All 2021 Gains?

Responding to some media outlets reporting bitcoin is due to wipe out all of its 2021 gains, Joshua Lim of digital currency prime broker Genesis discusses his assessment on bitcoin’s price direction, noting the potential correlation to Tesla draining its 2021 gains.

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US Senators Ask Team USA to Boycott China’s Digital Yuan at 2022 Olympics

As central banks around the world race to establish a CBDC, Republican senators Marsha Blackburn, Cynthia Lummis and Roger Wicker are calling on the U.S. national team to effectively boycott China’s digital currency at the 2022 Winter Olympics in Beijing, citing privacy concerns. “CBDC nationalism could get really ugly,” host Zack Seward said.

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