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China Starts Testing Digital Yuan for Salary Payments
China’s Xiong’an New Area, a district located approximately 60 miles southwest of Beijing and a testing ground for new economic ideas, will start allowing digital yuan for wage payments. “The Hash” team unpacks China’s ongoing pilot programs around the digital yuan and their possible impact on the global central bank digital currencies (CBDCs) markets.
Goldman Sachs: Crypto Not a 'Viable Investment'
Goldman Sachs has concluded that in a new report for its clients, cryptocurrencies are "not a viable investment" for diversified portfolios, but didn't Goldman Sachs just relaunch its crypto trading desk in March? "The Hash" team explores what may be going on with the investment banking company's inconsistent sentiments around digital assets.
Bitcoin’s Taproot Upgrade Gets Its 90% Mandate
Bitcoin's Taproot upgrade, which opens up possibilities for privacy, multi-signature wallets, security, and scaling, has finally achieved its activation lock-in with a 90% mandate. But who will actually adopt this and integrate the improvements it offers? "The Hash" team weighs in.
Bitcoin Tops $40K as Musk Says Tesla May Accept Crypto in Future
Bitcoin's price after Tesla CEO Elon Musk said the electric car company would resume accepting bitcoin for payments once it can be mined with at least 50% green energy. "The Hash" panel reacts.
What Does Thai, Italian Regulators Cracking Down on Crypto Mean?
The Thai SEC is banning meme, fan, and exchange tokens, as well as non-fungible tokens (NFTs). Meanwhile, in Italy, regulators are reportedly concerned about the unsupervised spread of cryptocurrencies. "The Hash" panel explores the international regulatory framework around crypto investments.
Kim Kardashian Is Promoting ‘Ethereum Max’ on Social Media
Kim Kardashian posted an ad for “Ethereum Max” on her Instagram story to an audience of 228 million followers, and some say this is the biggest crypto promotion of all time. But what exactly is “Ethereum Max,” and is it a scam? “The Hash” panel looks into the world of crypto and celebrity endorsements.
New York Crypto Mining Bill Dies in Assembly After Passing State Senate
An environmental protection bill that would have clamped down on bitcoin mining has died in the New York state assembly. "The Hash" team explains why this happened and what it means for the bitcoin mining community.
IMF Says It Has Legal and Economic Concerns as El Salvador Makes Bitcoin Legal Tender
A spokesperson for the International Monetary Fund (IMF) said El Salvador’s plans to adopt bitcoin as legal tender raises “macroeconomic, financial, and legal issues.” The team for “The Hash” considers the potential impact of IMF’s signals of resistance and the influence IMF holds over developing countries.
‘CryptoPunk’ NFT Sells for $11.8M at Sotheby’s
A rare “CryptoPunk” non-fungible token (NFT) sold for $11.8 million on Thursday at Sotheby’s. “The Hash” team discusses the sale as part of a larger conversation about the demand and future of NFTs.
Silvergate Bank to Discontinue Binance USD Deposits, Withdrawals
Crypto-friendly Silvergate Bank has discontinued Binance deposits and withdrawals. “The Hash” weighs in on the state of the crypto banking sector and what may be going on with Binance.