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Visa Launches NFT Program
Visa has announced its new “Creator Program” that will help selected small business owners in fields like music, fashion and film expand their work into the NFT space. “The Hash” team discusses former Major League Baseball player Micah Johnson’s involvement in this project and how NFTs can empower creators.
Alibaba Invests in AR; Ronin Network Hacked
Alibaba leads funding round for AR glasses maker Nreal. Hong Kong's HKEx to trial digital assets trading in “Diamond” pilot. Axie Infinity blockchain Ronin suffers $600M exploit. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Why Several US States Are Taking Legal Action Against Voyager Digital
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why several U.S. states have taken legal action against Voyager Digital for its crypto interest offerings, and how this situation resembles BlockFi’s legal issues from a year ago. Plus, a conversation on the $625 million exploit of Axie Infinity’s Ronin network and its impact on users.
Crypto Markets React to $600M Axie Infinity Exploit
Charlotte Principato, Morning Consult financial services analyst, discusses the current state of the crypto markets following the $625 million exploit of Axie Infinity’s Ronin network. Plus, a conversation on the market impact of Luna Foundation Guard’s purchase of $272 million worth of bitcoin for its stablecoin reserves.
Why You Should Keep Your Crypto on a Hardware Wallet
Arculus’ Dr. Adam Lowe discusses security concerns for crypto holders who keep their assets on centralized platforms, sharing insights on growing interest in cold storage and hardware wallets. Plus, a conversation on the role of cryptocurrency in the Russia-Ukraine war.
Traditional Investors Eye Crypto as BTC Surges Past $48K
Sound Planning Group CEO David Stryzewski shares his bitcoin price outlook, highlighting a positive sentiment in the crypto space as BTC surges above $48K. Stryzewski discusses why “bitcoin has become a new asset class” in the eyes of traditional investors and how his company introduces people near retirement to digital assets.
Bitcoin Breaks $48K to 3-Month High, Triggers Over $300M in Liquidations
Bitcoin rose to a three-month high Monday of over $48K, a level not seen since last December. The price climb triggered market-wide short liquidations worth over $300 million, which could indicate bullish momentum. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
House ‘ECASH’ Bill Can Fast Track CBDC Adoption in US
U.S. lawmakers have introduced a bill proposing a digital dollar system called “ECASH,” which does not maintain a ledger, aiming to replicate the privacy of cash transactions. “The Hash” discusses the effectiveness of a digital currency without blockchain technology, noting issues like the double-spend problem.
ETH Surges as Google Trends Shows Peak Interest in Ethereum Merge
ETH has reached a 2.5 month high as Google Trends shows an increased interest in the “Ethereum merge” to a proof-of-stake consensus mechanism. “The Hash” team discusses how this major shift to increase efficiency could impact the currently high transaction fees and other competitor blockchains.
Netflix’s ‘Crypto King’ Brings QuadrigaCX Story to the Mainstream
Netflix is set to release a new documentary titled “Crypto King,” which investigates the infamous story of Canadian crypto exchange QuadrigaCX and its founder Gerald Cotten. “The Hash” hosts discuss the legacy of QuadridgaCX and how this film might help mainstream audiences learn more about possible financial scams.