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Wallet Maker Ledger Launches Crypto-Linked Debit Card
Ledger, best known for its hardware wallets, is introducing a crypto debit card available for use in more than 50 million retailers and online stores. Cardholders will be allowed to open a line of credit to get cash to spend on the card, using cryptocurrency as collateral, with rates starting at 0%. "The Hash" squad discusses the latest initiative meeting growing demand for crypto as a medium of exchange.
CIA Director Confirms Crypto Projects
At Monday’s Wall Street Journal CEO Council Summit, Central Intelligence Agency (CIA) Director William Burns confirmed the agency has “set in motion several different projects focused on cryptocurrency.” “The Hash” hosts discuss the industry and regulatory implications for the CIA diving into the digital asset space amid burgeoning questions about its involvement in ransomware.
Crypto Fans Rejoice, Gamers Revolt as Ubisoft Announces NFT Plans
Gaming giant Ubisoft is building NFTs into its latest “Tom Clancy” title, and the announcement was met with backlash Tuesday from a crypto-wary public. “The Hash” team discusses the outlook for Web 3 gaming amid NFT integrations like Ubisoft’s potentially being a catalyst for mainstream adoption among other incumbent gaming institutions.
Meta’s WhatsApp to Trial Novi Digital Wallet
Meta, formerly Facebook, is launching a limited trial of its Novi digital wallet within its WhatsApp messaging platform. This follows a U.S.-Guatemala remittance pilot with USDP and the Novi wallet launched in October. “The Hash” panel discusses the latest integration between WhatsApp and Meta’s crypto efforts.
Terraform Labs CEO on US Crypto Regulation: ‘It’s Not That Interesting’
Amidst a legal battle with the U.S. SEC, CEO of Terraform Labs Do Kwon and a top 10 winner of CoinDesk’s Most Influential 2021, discusses his take on the impact of U.S. crypto regulation on his business operations and the global industry.
Crypto CEOs Defend Industry in Capitol Hill Hearing
CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee to share their opinions on regulation. CoinDesk’s Nikhilesh De discusses the key takeaways and reacts to comments made by Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, and Rep. Brad Sherman (D-Calif.) on crypto regulations.
AVAX’s Ava Labs President on Crypto Markets As Avalanche, Layer 1 Tokens Soar
John Wu, President of Ava Labs, best known for building the “layer 1” Avalanche blockchain, discusses the outlook for layer 1 tokens and the wider crypto markets. This comes as gas fees on “layer 2” solution Ethereum remain near all-time highs. Meanwhile, Ava Labs has been chosen for Mastercard’s Crypto Accelerator Program.
Ethereum Layer 2 Polygon Continues to Expand Scaling Technologies
Polygon’s MATIC token surged after 21Shares announced the launch of a crypto exchange-traded product (ETP) linked to MATIC's performance on Euronext exchanges. Polygon's Dean Thomas shares insights into the latest movements at the Polygon blockchain, which Thomas describes as "an index fund with Ethereum scaling solutions." Plus, what the Bitwise Polygon (MATIC) fund means for the Polygon ecosystem.
Banks Stablecoin Project, Watch for Fed Taper in 2022
Binance Asia Services takes an 18% stake in HG Exchange. Korea’s Shinhan Bank and South Africa’s Standard Bank show off stablecoin project. Fed tapering a potential crypto market catalyst in 2022. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
House Financial Services Committee Meets on Crypto Regulation
The House Financial Services Committee is hosting six crypto executives, including Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, and Coinbase Inc. CEO Alesia Haas today in a wide-ranging hearing on digital assets and stablecoins. “The Hash” panel discusses what to expect and the potential impact on the U.S. crypto regulatory landscape.