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Bitcoin Back Above $31K, Ethereum Merge Around the Corner
Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.
Yuga Labs Suffers Discord Server Hack, 200 ETH in NFTs Stolen
The Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday, with the attacker draining 200 ETH ($360,000) worth of NFTs. Josh Fraser, Origin Protocol co-founder, discuses the details of the hack, the potential security risks of Discord, and the future of Web 3 communities.
What to Expect From Consensus 2022 by CoinDesk
This week, CoinDesk’s Consensus 2022 festival gathers the brightest minds in the blockchain and the digital asset space in Austin, Texas. CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De shares a preview.
StepN Hit by DDOS Attack; S Korea’s Metaverse Studies
Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Mining Stocks Decline Over 50%
Bitcoin mining stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA) declined by more than 50% on average as BTC’s price slumped following last year’s bull run. Data suggests bitcoin supply held in miner addresses have mainly been net outflows since April. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
CFTC Sues Gemini Over Bitcoin Futures Case From 2017
The Commodity Futures Trading Commission (CFTC) sued Gemini Trust on allegations of “misleading statements and information” made by the exchange’s staff during their 2017 launch trading of a BTC futures contract. Jones Day Financial Markets Partner Josh Sterling discusses why the lawsuit is a “forward looking” lesson for crypto regulation.
New York Senate Passes Bitcoin Mining Moratorium, Citing Environmental Concerns
The New York State Senate passed a bitcoin mining moratorium, banning proof-of-work (PoW) mining operations powered by carbon-based energy sources for two years. CoinDesk’s Managing Editor of Technology Christie Harkin discusses what this means for the mining community in New York and beyond.
New York Senate Passes Bitcoin Mining Moratorium
The New York State Senate passed a bill targeting proof-of-work (PoW) mining in an effort to address some of the environmental concerns about cryptocurrencies. CoinDesk's Managing Editor for Global Policy and Regulation Nikhilesh De discusses the potential impact on the local crypto community and the mining industry at large.
Meet the Tech Expert Urging Washington to ‘Resist Pressure’ From Crypto Industry
This week, 26 tech experts and academics wrote to U.S. lawmakers criticizing cryptocurrency and blockchain technology to counter lobbying efforts by the crypto industry. One of the signatories and author of “Attack of the 50-Foot Blockchain” David Gerard shares his insights into the purpose and key takeaways of the letter.
NFT & Web 3 Attorney on the First NFT Insider Trading Case
The U.S. Department of Justice charged former OpenSea staffer Nate Chastain for wire fraud and money laundering on allegations he misused confidential information to trade NFTs. NFT & Web 3 Attorney Moish Peltz discusses his take on the charges, the legal considerations of digital collectibles, and the potential outcomes.