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What to Expect From Tuesday’s Crypto Hearings in DC
CoinDesk’s Nikhilesh De discusses what to expect from two crypto-focused hearings commencing Tuesday: the first by the U.S. Senate Banking Committee discussing the topic of “Cryptocurrencies: What are they good for?” and the second by the House Financial Service Committee on CBDCs.
Mila Kunis on Launching New Animated NFT Show ‘Stoner Cats’
A new animated web series, “Stoner Cats,” launches Monday, featuring Mila Kunis, Ashton Kutcher, Ethereum founder Vitalik Buterin, Jane Fonda, and others.
Lightning Network Gets Boost From El Salvador’s Bitcoin Law
Bitcoin committed to Lightning channels has grown about 30% since El Salvador's bitcoin law passed, according to CoinDesk Research. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Holds Above $32K as Sentiment Improves
Cryptocurrencies are mostly higher on Friday as bullish sentiment returns into the weekend, with bitcoin trading around $32K at press time.
BlockFi Pursuing Plans to Go Public Despite Regulatory Scrutiny
CoinDesk "First Mover" editor Brad Keoun and research analyst George Kaloudis discuss what to watch for next week as crypto lender BlockFi reportedly aims to go public amid growing regulatory scrutiny. Plus, exploring bullish signals for institutional interest in the crypto markets as JPMorgan announces it now offers clients access to some crypto funds, including GBTC.
Reddit to Scale Its Ethereum-Based Community Points System With Arbitrum
Social media platform Reddit has selected rollup technology Arbitrum to scale its Ethereum-based Community Points system.
IRS Tweaks Crypto Question Language on 2021 Individual Tax Form Draft
In its 2021 draft of the 1040 Individual Income Tax Return form, the U.S. Internal Revenue Service (IRS) has more clearly stated how crypto assets should be taxed than 2020. “The Hash” hosts discuss the possible impact of IRS’ efforts to tackle crypto tax evasion.
Solana Offers $5M Fund for Creators to Start Building on Web 3.0
The Solana Foundation and two of the network’s leading platforms, Audius and Metaplex, are putting $5 million towards the Solana Creator Fund to lure 1,000 musicians and artists into building on Web 3.0. "The Hash" panel discusses how the fund may contribute to the future of Web 3.0, exploring the power of the Solana blockchain as a potential source of income for creators.
Why Are US Regulators Cracking Down on BlockFi?
Texas joins Alabama and New Jersey in alleging that BlockFi’s interest-bearing product (BIA) might violate state securities laws. “The Hash” panel discusses the potential factors driving national enforcement actions against the crypto lending platform and whether the federal government is likely to step in.
How Crypto Is Changing The Gaming Business
Jeffrey (Jihoz) Zirlin, co-founder of Sky Mavis, the game developer behind popular blockchain-based trading and battling game Axie Infinity, discusses how new economies of "play-to-earn" are transforming the world of traditional video gaming. "What we're seeing is gaming's massive potential to be a trojan horse for crypto adoption," Zirlin said.