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Why Senator Joe Manchin (D-WV) Won’t Back Build Back Better Act and How It Will Impact Crypto
CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De speaks on Sen. Joe Manchin’s (D-WV) recent disapproval of the Build Back Better Act. The bill includes several crypto tax provisions, one of which attempts to close “wash trading” loopholes for digital assets.
BTC, ETH Down Amid Rising Omicron Fears
As 2021 comes to a close, Strategic Funds Managing Director Marc Lopresti discusses his take on the current decline of the crypto markets, while still taking note of the overall year-end growth of digital assets.
FTX.US Scores Deal With Owner of Washington Wizards, Capitals in Bid to Expand DC Presence
In an attempt to be more visible to regulators, FTX.US has partnered with Washington, D.C.-based Monumental Sports and Entertainment (MSE). MSE owns the NBA’s Washington Wizards, the NHL’s Washington Capitals, the WNBA’s Washington Mystics, and Capital One Arena, where all three teams play.
JPMorgan to Develop Blockchain Payment System for Siemens
Banking giant JPMorgan has reportedly partnered with industrial group Siemens to develop a blockchain payment system. This comes after recent news of a joint blockchain initiative between HSBC and Wells Fargo for forex transactions. “The Hash” panel discusses what this project means for the ongoing narrative of enterprise blockchain and where institutional adoption could be headed.
Federal Court Dismisses Ross Ulbricht Lawsuit
Silk Road Founder Ross Ulbricht filed a lawsuit against the Federal Bureau of Prisons after being barred from using a prison email system to communicate with his family, claiming that this restriction hindered his religious obligations to his mother and father.
Justin Sun Leaves Tron to Serve as Grenada’s World Trade Organization Ambassador
Polarizing crypto entrepreneur Justin Sun is leaving his brainchild Tron blockchain and instead becoming an ambassador of the Grenada government to the World Trade Organization (WTO). “The Hash” hosts discuss Sun moving to focus on crypto legitimization in Latin American countries, the implications for the Tron Foundation and the state of crypto in Grenada.
Chainalysis: DeFi ‘Rug Pull’ Scams Pulled in $2.8B This Year
Crypto investors in 2021 lost over $2.8 billion to “rug pulls,” a colloquial term for a type of crypto scam, according to Chainalysis. This year, the rise in scams reportedly mirrored a general rise in cryptocurrency prices. “The Hash” panel discusses the latest story highlighting the growth and risks of DeFi.
Ray Dalio Gets Into Ether, Praising Crypto While Calling Cash the ‘Worst Investment’
Bridgewater Associates’ Ray Dalio, one of the world’s most prolific and successful investors, says cash is “the worst investment,” also confirming he holds ether in addition to bitcoin. “The Hash” team discusses the billionaire hedge fund titan’s comments and what that means for bitcoin and the crypto markets.
Was Tekashi 6ix9ine’s NFT Drop a Scam?
Rapper Tekashi 6ix9ine's fans are upset after finding his NFT project that dropped this spring is a "huge scam," saying they weren't given what they paid for. "The Hash" squad discusses the latest potential scheme illuminating the risks of buying into celebrity NFTs and star power.
Week Ahead: What’s Next for BTC Price, Possible Global Crypto Crackdowns, Alternatives to Bitcoin
Exploring what’s to come next week in the world of bitcoin as hopes of a Santa Claus Rally bringing BTC to $100K seem dim, and central banks around the world considering potentially banning crypto. Plus, Tesla CEO Elon Musk suggests dogecoin is better than bitcoin for payments, but is it true?