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Tornado Cash Devs Facing 'Scary Set of Allegations': Legal Exec

The crypto industry is grappling with Tornado Cash developers Roman Storm and Roman Semenov being charged with money laundering and sanctions violations. FalconX deputy general counsel Purvi Maniar says "it's very disappointing to see allegations that the benefits of the technology are being used in a negative way to violate U.S. law."

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Powell Says Fed Is 'Prepared to Raise Rates Further if Appropriate' During Jackson Hole Speech

In his opening remarks for the Kansas City Fed’s Jackson Hole Economic Policy Symposium, Federal Reserve Chair Jerome Powell addresses the current state of inflation and why the central bank is "prepared to raise rates further if appropriate" in order to bring inflation down.

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Tornado Cash Indictment 'Very Disappointing' for Crypto Industry: Legal Exec

Tornado Cash developers Roman Storm and Roman Semenov were charged with money laundering and sanctions violations earlier this week. FalconX deputy general counsel Purvi Maniar shares her reaction, explaining why it's "very disappointing to see allegations that the benefits of the technology are being used in a negative way to violate U.S. law." Plus, insights into FTX's bankruptcy case and the future of crypto regulation.

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U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges

The U.S. Treasury Department published a nearly 300-page proposed rule for crypto tax reporting that unveils the definition of a "broker" in the digital asset space. Miners are exempt from the tax rules, but "some" decentralized finance platforms will not be, said the proposed guidance. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the highlights from the documents.

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Powell's Jackson Hole Speech Will Likely 'Impact' Crypto Markets: Strategist

Bitcoin is trading around $26,000 ahead of U.S. Federal Reserve Chair Jerome Powell's speech at Jackson Hole. Sacha Ghebali, director of strategy and business development for The Tie, discusses what to expect from the annual economic symposium and its potential impact on the crypto markets.

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Solana Foundation Strategy Head on Shopify Integration, Crypto Payments Outlook

Shopify customers can now pay in stablecoin USD Coin (USDC) via an integration with Solana Pay, the payment protocol on the Solana blockchain. Solana Foundation head of strategy Austin Federa discusses the partnership and USDC's benefits for merchants. Plus, what the future holds for crypto payment adoption and real-world use cases of the Solana ecosystem.

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North Korean Hackers May Cash Out Stolen Crypto; State of Crypto in Hong Kong

Host Angie Lau takes a deep dive into the state of crypto in Asia as Hong Kong Virtual Asset Exchange (HKVAX) becomes the third licensed crypto operator in the city. Plus, the Federal Bureau of Investigation (FBI) warns that North Korea-based hackers Lazarus Group and APT38 may attempt to cash out stolen bitcoin (BTC) worth more than $40 million. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

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Donald Trump NFTs Surge; FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as bitcoin and ether remain below levels that are likely to inflict "maximum pain" on buyers of August expiry option contracts. Bankrupt crypto exchange FTX wants to start selling, staking and hedging its crypto holdings. Plus, what is causing prices and volumes of Donald Trump’s NFT collections to surge?

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'Napoleon Dynamite' Star Jon Heder Reflects on FTX Collapse, Focus on 'Altruistic Philosophy'

Verified Labs co-founder Jon Heder, who is also an actor known for the smash hit comedy “Napoleon Dynamite," reflects on the FTX implosion after being cast in the animated parody inspired by the crypto exchange's collapse. "It's pretty much Greek to me," Heder said. "I'm trying to make sense of it all as we go along."

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Bitcoin Traders Move Past $1B Liquidation Event

Market intelligence platform Santiment notes that bitcoin's (BTC) price flirted with $26,800 in the past 24-hours, as large holders are returning to the market. The comes a week after $1 billion worth of crypto futures were liquidated after a sudden sell-off that hit trading volumes and the broader market recovery. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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