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Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

For the first time since 2017, some bitcoin (BTC) miners are getting paid more to process transactions on the blockchain than they’re rewarded for creating new BTC, a potentially welcome development following the battering the industry has faced lately. CoinDesk's chief insights columnist David Z. Morris joins "All About Bitcoin" to discuss.

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Africa Moves to Lightning Network, Stablecoins Amid Soaring Bitcoin Transaction Fees

Bitcoin (BTC) users in Africa are increasingly moving to the Lightning Network and stablecoins as transaction fees have soared to their highest level in nearly two years. "The Hash" panel discusses the potential repercussions of BTC's fee spike and the path ahead to widespread crypto adoption.

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NFT Project Pudgy Penguins Completes $9M Raise

Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. This comes after a leadership change that sparked an increased focus on utilizing the project's intellectual property (IP). "The Hash" panel discusses the latest in the world of digital collectibles and the considerations of IP rights.

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Private-Equity Giant Apollo is Part of Bid to Buy Bankrupt Crypto Firm Celsius

Apollo Global Management, the distressed-investing specialist that oversees more than half a trillion dollars of assets, is participating in a bid to acquire stricken cryptocurrency lender Celsius, according to a person familiar with the matter. "The Hash" panel discusses the potential outcomes and what this means for the fate of Celsius.

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Fintech Firm Digital Asset Announces Launch of Global Blockchain Network With Deloitte, Goldman Sachs

Financial technology company Digital Asset will start a privacy-enabled interoperable blockchain network designed to provide a decentralized infrastructure for institutional clients. Participants of the Canton Network include BNP Paribas (BNP), Deloitte, Cboe Global Markets (CBOE), Goldman Sachs (GS), and Microsoft (MSFT), among many others. "The Hash" panel discusses what this means for the future of enterprise blockchain tech and institutional finance.

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Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading

Ishan Wahi, a former product manager at crypto exchange Coinbase, was sentenced to two years in prison weeks after pleading guilty to insider trading charges, according to a report from Reuters. "The Hash" panel reacts to the breaking news developments.

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Phoenix Labs CEO on DeFi Giant MakerDAO's Spark Protocol Launch

MakerDAO launches Spark Protocol today, a front-end access lending protocol specifically designed for Maker's DAI stablecoin. Sam MacPherson, co-founder and CEO of Phoenix Labs, which contributes to Spark Protocol, joins "First Mover" to discuss the rollout and how Spark aims to address the potential risks of decentralized finance (DeFi). Plus, why Spark is not being offered in the U.S.

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Sam Bankman-Fried Files Pretrial Motions to Dismiss Most Criminal Charges Against Him

FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces late Monday. CoinDesk's Global Policy and Regulation Managing Editor Nikhilesh De discusses the road ahead for Bankman-Fried's legal battle.

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Ripple Executive on Crypto Regulation in Middle East VS. U.S.

Ripple is announcing plans to expand into Dubai. Navin Gupta, Ripple's Managing Director of South Asia and MENA, discusses how crypto regulation in the UAE impacted its decision. Plus, he compares the U.S. regulatory environment to the UAE, saying, "it's night and day."

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Worldcoin Core Team Member Addresses Retina Scanning Process

Worldcoin's initial rollout included a retina-scanning metal "orb" that the project used to authenticate new users, and privacy advocates heavily criticized it. Tiago Sada, Head of Product at Tools for Humanity and Worldcoin Core member, addresses these concerns as the project launches its first consumer product, World App.

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