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GALA Tumbles Amid Concerns Over Crypto Hack Fears
Chaos ensnared Gala Games late Thursday as fears of a potential billion-dollar hack – or maybe a rug pull – drove its native GALA token down 20%. "The Hash" hosts discuss what we know so far and what this means for the Gala Games ecosystem.
Aptos CEO Defends 'Fair' Tokenomics After Community Backlash
The CEO of Aptos, the layer 1 blockchain led by former Meta employees that went live last month, has defended the project's "fair" token allocation following a wave of criticism from its community. "The Hash" panel discusses the latest in the world of tokenomics.
Terra Co-Founder Do Kwon May Be in Europe: Bloomberg
South Korean prosecutors have indicated the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, according to Bloomberg. This comes as Kwon denied being on the run. "The Hash" panel discusses the latest in the aftermath of the $60 billion collapse of the Terra ecosystem.
Crypto Wallet for Twitter on Pause?
"If Twitter turns into a protocol ... we don't necessarily need to use the Twitter official wallet," says Mask Network CEO Suji Yan. He discusses Elon Musk's involvement with Twitter as the social media giant is reportedly halting its work on a crypto wallet.
Why This Analyst Has a Buy Rating on Coinbase
Coinbase transaction revenue continues to be significantly impacted by macroeconomic and crypto market headwinds, which it expects to continue into 2023, as well as trading volume moving offshore, the company said in its shareholder letter. Needham & Co. Vice President John Todaro weighs in.
Coinbase CEO: USDC Could Become a ‘De Facto Central Bank Digital Currency’
Coinbase CEO Brian Armstrong predicts that USDC will likely "end up being kind of a de facto central bank digital currency in the U.S.," he said on the crypto exchange's earnings call. Needham & Co. Vice President John Todaro weighs in.
Bitcoin Higher After October Jobs Report
261,000 U.S. jobs were added in October, beating economists' forecasts. The unemployment rate rose to 3.7% versus expectations for 3.6%. Medley Global Advisors Managing Director Ben Emons discusses the impact of the latest economic data on the crypto markets.
The Big Problem With Web3
Host Joel Flynn explains why Mark Zuckerberg’s vision of the future is still some way off. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Canada Launches Consultation on Crypto, Stablecoins and CBDCs
Canada's federal government announced a consultation on "cryptocurrencies, stablecoins and central bank digital currencies," in a fiscal update published Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto adoption and regulation in the country.
Twitter Reportedly Halts Work on Crypto Wallet
Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kickstarted last week by its new owner, Elon Musk, according to online publication Platformer. Mask Network CEO Suji Yan shares his insights about the future of Twitter, as Bluesky, the decentralized social network initiative backed by Twitter founder Jack Dorsey, gets thousands of signups for its beta version's waitlist.