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Taylor Swift Shirked $100M FTX Sponsorship Deal, Lawyer Says

Taylor Swift dodged signing a $100 million sponsorship deal with Sam Bankman-Fried's FTX and was the only celebrity to question the crypto exchange, according to Adam Moskowitz, the lawyer overseeing a class-action lawsuit against some of FTX's celebrity endorsers. Moskowitz appeared on The Block's podcast "The Scoop" to discuss the lawsuit. "The Hash" panel discusses the latest in the ongoing FTX saga.

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Microsoft Taps Space and Time to Add Live Blockchain Data for Azure Cloud

Microsoft (MSFT) and decentralized data platform Space and Time are working together to make real-time blockchain data available to developers directly from the Microsoft Azure Marketplace. This comes as Yoz Labs, a Web3 notification platform, has raised $3.5 million to further its aim to make scalable messaging rails that would enable developers to send immediate on-chain notifications directly to users.

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Crypto Protocol Fetch.ai Unveils AI Trading Tools for Decentralized Exchanges

Fetch.ai, which develops artificial intelligence (AI) tools for crypto, is rolling out a set of enhanced trading products for decentralized exchanges (DEXs). "The Hash" panel discusses the latest move bringing together the worlds of DeFi and AI.

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Intel Ending Production of its Bitcoin Mining Chip Series

Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on Tuesday. "The Hash" panel discusses the latest blow to the bitcoin mining community and the broader implications for the tech industry.

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Crypto Lawyer Reacts to SEC Chair Gensler Declining to Call Ether a Security at Congressional Hearing

SEC Chair Gary Gensler refused to say whether ether was a security during a nearly five-hour hearing before the House Financial Services Committee yesterday. Joshua Ashley Klayman, Linklaters U.S. Head of Fintech and Head of Blockchain and Digital Assets reacts, explaining why this was "the best the industry could have hoped from him."

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Blockdaemon CEO on Future of Crypto Custody

Blockdaemon is setting sights on large institutions with its new wallet app. CEO and founder Konstantin Richter discusses the regulatory implications of third-party custodians as well as his outlook for crypto custody following the collapse of FTX.

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Bitcoin Falls Below $30K Amid Liquidations, Hot U.K. Inflation Report

Bitcoin slid more than 3% to below $30,000 on Wednesday morning. While the sell-off didn’t appear to stem from any immediate fundamental reason, Forex.com global head of research Matt Weller said an unexpectedly high U.K. March inflation figure of more than 10% may have influenced market sentiment. 

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​​SEC Chair Gary Gensler Dodges Answering Question: ‘Is Ether a Security?’

U.S. Securities and Exchange Commission Chair Gary Gensler repeatedly dodged the question on whether Ethereum is a security or a commodity in Tuesday's House Financial Services Committee hearing. Linklaters U.S. head of fintech and head of blockchain and digital assets Joshua Ashley Klayman weighs in, saying, "the fact he did equivocate on the answer is a positive for the industry." Howard Fischer, Moses Singer partner and former SEC senior trial counsel, added that this "may reflect the internal processes at the SEC."

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Ethereum Withdrawal Requests Now Face Roughly 17-Day Wait

Ethereum validators that have put in withdrawal requests following the network's Shanghai upgrade will have to wait upwards of 17 days to get their staked ether (ETH) back, according to data analytics firm Nansen. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Breaking Down House Financial Services Committee’s Stablecoin Bill Framework

The House Financial Services Committee has unveiled a draft of its stablecoin legislation, proposing a framework for issuers such as Circle and Tether to define how state and federal entities can regulate their offerings. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the potential timeline for the legislative process and what to expect from the upcoming hearing on stablecoins.

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