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Bitcoin Defends $20K as Fed Chair Powell Calls for Crypto Regulation
Bitcoin hovers around $20,000 on the heels of Federal Reserve Chair Jerome Powell testifying before Congress on issues including inflation and crypto regulation. CoinDesk Markets Managing Editor Brad Keoun discusses his crypto markets analysis and outlook, addressing concerns of a possible recession.
Exploring Bitcoin’s Role in 2022 Midterm Elections
Engage Labs will accept and process crypto donations for federal candidates during the 2022 midterm elections. Engage Labs CEO Martin Dough-belle discusses how this works and why crypto fundraising might play a bigger role in politics.
Why Miners are Dumping Their Bitcoin Holdings
A new report by Arcane Research reveals the continued decline in crypto mining profitability has forced miners to start dumping their bitcoin (BTC) holdings. "The Hash" squad discusses the latest on the state of bitcoin mining and what it could potentially portend for market prices.
Tech Giants Create Metaverse Standards Forum for Software and Terminology Standards
Some of the biggest names in gaming and software, including Meta and Microsoft, are coming together to build the infrastructure for an interoperable metaverse. “The Hash” hosts discuss the industry implications, potential outcomes and at least one major tech player who’s missing from this group.
Michael Saylor Slams Altcoins, Urges Regulation Over Crypto’s ‘Parade of Horribles’
Microstrategy CEO and bitcoin (BTC) whale Michael Saylor is calling on regulators to tackle altcoins, or a “parade of horribles,” saying BTC is getting caught in the crossfire of a collapsing market and risky crypto industry practices. “The Hash” team reacts.
SEC’s Hester Peirce Does Not Support Bailouts for Crypto Industry
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Forbes Tuesday she does not support bailouts for the crypto industry, and the recent market crash could give the space a more sustainable foundation for the future. “The Hash” panel digs into the assessment.
FaZe Clan Exec: Crypto Will Play ‘Major Part’ in Business
Popular esports and gaming brand FaZe Clan is entering the crypto space. FaZe Clan Chief Strategy Officer Kai Henry discusses the company’s crypto and Web3 ambitions, addressing security concerns regarding the metaverse and influencer culture.
Republicans Seek to Counter Effort to Curtail Crypto Mining
Republican lawmakers wrote to the Environmental Protection Agency (EPA) last week to counter an earlier message from Democrats, urging the regulator to look more closely at the potential environmental effects of crypto mining. CoinDesk’s Nikhilesh De unpacks the latest in the U.S. crypto mining landscape.
Prime Trust CFO on $100M Raise to Expand Into New Offerings
Financial infrastructure innovator Prime Trust has raised over $100 million in a Series B funding round. Chief Financial Officer Rodrigo Vicuna shares insights into growth plans and what they mean amid a sour mood in the crypto markets.
Cardano Delays Upgrade; Shib and Doge Make Gains
Valar Ventures-backed Vauld to lay off 30% of staff. Cardano postpones Vasil upgrade, citing bugs and abundance of caution. Dogecoin gains after Musk tweet amid slow market recovery. BTC Markets first crypto firm to receive Australian financial services license. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."