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'OK Boomers': Nayib Bukele Responds to Bipartisan US Senate Proposal Raising Alarms Over El Salvador's Bitcoin Adoption
U.S. Sens. Jim Risch, Bob Menendez and Bill Cassidy proposed a new act that would require a State Department report on mitigating risks to the U.S. financial system from El Salvador's adoption of bitcoin as legal tender. The legislation quickly drew a sharp rebuke on Twitter from El Salvador President Nayib Bukele calling the senators "boomers." "The Hash" hosts dive into the history of Latin America and U.S. politics. The crew also discusses the essence of this legislation and how it's less about El Salvador and more about keeping the U.S. dollar the reserve currency.
Canadian Court Orders Freeze of 'Freedom Convoy' Crypto Accounts
The Canadian "Freedom Convoy" saga continues as an Ontario court ordered the freezing of funds in over 120 crypto addresses tied to bitcoin, cardano, ethereum, litecoin and privacy coin monero. "The Hash" co-hosts examine Canada's "surprising totalitarian measures" and Kraken CEO Jesse Powell's reactions.
NuMiner's 'Best in Class' Bitcoin Mining Rig Raises Red Flags
Many in the mining industry raised eyebrows when a previously unknown company, NuMiner, claimed to have created a bitcoin mining rig far superior to the industry standard. "The Hash" crew discuss the many new questions around the story, which Will Foxley says illustrates "this part of the industry still needing more maturation."
FBI Launches New Crypto Crimes Unit
The FBI is launching the National Cryptocurrency Enforcement Team (NCET), which will investigate ransomware and other crimes with tools including blockchain analysis. CoinDesk's Nikhilesh De discusses the regulatory and industry implications of the details released so far.
Polkadot Lead Developer on Building ‘Multi-Chain Future’
Shawn Tabrizi, lead developer at Polkadot network, a framework for connecting various blockchains, shares insights into Polkadot’s possibilities of building “a cohesive, multi-blockchain future.” Plus, exploring the vulnerabilities of blockchain bridges, the fundamentals of data privacy in the Polkadot ecosystem and why 2022 could be the year of the DAOs.
Bitstamp USA CEO on Crypto Markets, Partnership With E-Sports Organization Immortals
Crypto exchange Bitstamp USA CEO Bobby Zagotta discusses the macroeconomic factors impacting the crypto markets. BTC's price is showing "pretty remarkable resilience," he said, despite plummeting Thursday to below $41,000 in the biggest daily drop in four weeks. Plus, Jordan Sherman, CEO of e-sports organization Immortals, shares insights into its partnership with Bitstamp.
Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation
Axelar, a decentralized network connecting multiple blockchains, has closed a $35 million Series B funding round at a $1 billion valuation. Axelar Network CEO & Co-Founder Sergey Gorbunov shares insights into the raise, exploring the "complicated technology" of blockchain interoperability and its role in DeFi hacks.
Metaverse Moon Date; Russian Tensions Hit Crypto
Metaverse ETF to launch in Hong Kong. India’s Mingout tries dating on the moon. Crypto market slides as Russia-Ukraine fears rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
What Is a DAO and How Can It Intersect With Government?
Scarlett Arana and Scott Spiegel of the Miami DAO project explain to “Community Crypto” host Isaiah Jackson what the definition of a DAO is and how it supports local governance in a community.
How to Start a DAO in Your City
In this episode of “Community Crypto,” host Isaiah Jackson speaks with Bitbasel’s Scott Spiegel and Scarlett Arana about their involvement with the Miami DAO initiative. Watch them lay out the framework for what it takes to build a successful decentralized autonomous organization and how to educate communities on the benefits of projects like this.