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UN Development Arm: Developing Countries Should Ban Banks From Holding Crypto
Developing countries should introduce widespread restrictions on crypto usage given the risks to tax collection, monetary policy and financial stability, and ban banks from holding crypto, the United Nations’ development arm said in three reports published Thursday. “The Hash” team discusses the latest in the world of crypto regulation.

BlackRock Launches U.S. Spot Bitcoin Private Trust
BlackRock, the world’s largest asset manager, has launched a spot bitcoin (BTC) private trust for U.S.-based institutional investors. "The Hash" hosts discuss BlackRock's continued bets in crypto and why its direct BTC exposure is a "bullish sign" for the industry. Plus, the latest on BlackRock's partnership with Coinbase as the crypto exchange faces an SEC inquiry over its product offerings.

Email Marketing Firm Mailchimp Allegedly Suspends Several Crypto-Related Accounts
Mailchimp appears to have suspended the accounts of several crypto-related firms, according to the affected outlets including blockchain analytics firm Messari. In 2018, the email marketing company banned crypto firms from using its platform. “The Hash” team discusses the significance of Mailchimp’s continued crypto crackdown.

Ether Briefly Tops $1.9K After Ethereum Runs Final Testnet Merge
Ether (ETH) rose to a two-month high early Thursday and outperformed bitcoin (BTC) after the Ethereum network ran the final dress rehearsal of its upgrade known as the "merge." "The Hash" hosts discuss what to expect from Ethereum's historic transition and why this matters for the overall crypto ecosystem.

Bitcoin Spikes as US Inflation Slowed to 8.5% in July
U.S. inflation slowed in July, possibly signaling the worst of consumer-price increases is behind the economy. Bitcoin (BTC) jumped 2% in the minutes after the report. "The Hash" panel discusses the potential impact of inflation on the crypto markets and the larger financial world. "This news means that things are getting worse at a slightly slower pace than they were before," host Adam B. Levine said.

Elliptic: Crypto Criminals Laundered $540M Through RenBridge
Blockchain analytics firm Elliptic said RenBridge, a cross-chain channel used to funnel money between different blockchains, was used to launder at least $540 million in crime-related crypto funds. “The Hash” hosts discuss the latest story revealing the potential risks of blockchain bridges and how this could shape the future crypto regulation.

Anonymous User Trolls Celebs, Sends ETH From Tornado Cash
An anonymous user sent a slew of Tornado Cash transactions to high-profile Ethereum addresses Tuesday in what appears to be a troll implicating them in a potential regulatory mess. This comes as Tornado Cash was blacklisted by the U.S. Treasury department earlier this week. "The Hash" panel discuses the details and potential outcomes.

Reddit Expands Community Points Offering With FTX Pay Integration
Social media giant Reddit has formed a partnership with FTX Pay to allow users to pay gas fees on transactions using community points and purchase ether (ETH) directly on the app. “The Hash” team discusses the latest move potentially bringing Web3 to the masses.

Former Terra-Linked Project Kujira to Launch Stablecoin
Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.

Vitalik Buterin Addresses Use Case for Tornado Cash
A day after the U.S. Treasury Department banned crypto mixer Tornado Cash, Ethereum co-founder Vitalik Buterin tweeted that he used the service to make a donation to support Ukraine. "The Hash" panel discusses the latest Tornado Cash developments and growing concerns over privacy.
