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Microstrategy Now Holds Over $4.6B Worth of Bitcoin; Ledger's Institutional Moves
"The Hash" hosts explore today's biggest topics in crypto, including Michael Saylor's MicroStrategy buying over 12K bitcoin for $347 million in the last two months. Meanwhile, crypto custody firm Ledger is targeting institutions with an open, enterprise-grade trading platform. Plus, the European Commission published its legislative plans to underpin a digital euro. And, a closer look at why the floor prices of Chiru Labs' popular Azuki NFT collection fell recently.
Fidelity Reportedly Gears Up to Submit Spot Bitcoin ETF Filing; Damus Anticipates Removal From Apple App Store
"The Hash" hosts unpack today's top stories, including The Block reporting that Fidelity is expected to submit a spot bitcoin ETF filing. Meanwhile, the founder of Damus expects Apple to remove the decentralized social media platform from its App Store. Plus, the EU secured a political deal on new crypto bank-capital legislation. And, Robinhood will end support for three tokens named as securities in the SEC's recent lawsuits.
Terra Classic Revival Plans Rev Up; 2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft
"The Hash" explores today's biggest stories in crypto. including six engineers proposing a Terra Classic ecosystem revival plan for the blockchain. Meanwhile, a British man received a 5-year sentence from a federal judge on an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, Inner City Press reported. Plus, Bernstein says the U.S. has room for a compliant crypto ETF to grow market share as a bitcoin on-ramp. And Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets.
Alameda Seeks Return of $700M; Brian Armstrong's 'Super App' Vision for Coinbase
"The Hash" tackles today's hottest topics in crypto, including Alameda Research seeking the return of $700 million founder Sam Bankman-Fried appears to have paid for access to celebrities and politicians. Plus, Coinbase CEO Brian Armstrong envisions the exchange's platform to becoming a global "super app" like the popular WeChat. Meanwhile, the International Monetary Fund (IMF) states banning crypto may not be the best way of mitigating the associated risks. And, the Financial Action Task Force (FATF) says most jurisdictions are not complying with global crypto laundering norms.