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Crypto Finance Firms are Lending, But Who’s Borrowing?
More and more crypto lenders are getting into the lending game, but who is taking out loans using crypto as collateral? Babel Finance’s Yulong Liu says borrowers range from crypto miners to professional trading desks. Plus, he shares his plans to use the $40 million raised in the most recent funding round.

Preakness Launches First Horse Racing NFTs
The Preakness horse race is getting into the NFT game. The famous race has partnered with NFT agency Medium Rare to create NFTs of some of the race's most iconic moments, including its historic Woodlawn Vase trophy. Medium Rare's Adam Richman joins "First Mover" to discuss the value of NFTs to horse racing and other industries.

Binance CEO Downplays Reports of Money-Laundering Investigation
The Binance cryptocurrency exchange is reportedly under investigation by the DOJ and IRS, but founder and CEO Changpeng Zhao says the headlines sound more dramatic than the story actually is. CoinDesk’s Nikhilesh De breaks down what we know about the investigations so far. Plus, why will it take Coinbase six weeks to list dogecoin (DOGE)?

Saving For Retirement? There’s a New Player in Crypto IRA
Noble Gold Investments is launching MyDigitalMoney.com, an online platform that will allow users to put cryptocurrencies into IRAs. Collin Plume of Nobel Gold joins “First Mover” to discuss the benefits of crypto IRAs and how they can help investors defer capital gains taxes.

Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Lolli CEO Talks Bitcoin, the Research Triangle Raleigh-Durham-Cary Emerging As America’s Next Crypto Hub and More
Raleigh-Durham, North Carolina is already a top tech city, but could it also become a top crypto industry hub? North Carolina native, Lolli CEO Alex Adelman, discusses his upbringing and how his proximity to the Research Triangle paved the way for his journey to bitcoin and Lolli.

Charlotte, North Carolina as a Bitcoin City?
Bitcoin Charlotte founder Jacob Parrish and Old North Capital Fund founder and CEO David Seroy discuss the importance of bitcoin in a prominent banking city like Charlotte, North Carolina, and how it fits into the existing landscape of traditional finance.

Shiba Inu Trends in Chinese Social Media; Indonesia Mulls Crypto Tax
The meme coin craze takes Asia by storm as SHIB goes for best in show. A plan to tax crypto trading is being floated in Indonesia. Virtual is the new reality as Zepeto partners with The Sandbox to launch NFTs. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt
“All About Bitcoin” host Christine Lee breaks down the chart tweeted by Elon Musk Thursday, with bitcoin’s annualized estimate electricity consumption being approximately 150 TWh, or about the same size consumed by Malaysia or Egypt.

Elon Musk, Bitcoin and the Ongoing Energy Debate
Responding to Elon Musk calling the bitcoin energy usage trend “insane,” CleanSpark CEO Zach Bradford sheds light on the ongoing debate about cryptocurrency and energy consumption.
