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Jack Dorsey Expected to Step Down as Twitter CEO, Democratic Senators Oppose Biden’s OCC Nominee Saule Omarova

CoinDesk’s Nikhilesh De reacts to reports Twitter CEO Jack Dorsey is expected to leave his position as head of Twitter. Separately, according to Axios, five Democratic senators expressed to the White House last week their opposition of Saule Omarova as Head of the Office of the Comptroller of the Currency (OCC).

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Metaverse Startup The Sandbox Co-Founder on Business Model, Expansion Plan and Facebook Competition

On the heels of closing a $93 million Series B funding round led by SoftBank earlier this month, metaverse startup The Sandbox Co-founder and COO Sebastien Borget discusses whether Meta, formerly Facebook, is a potential threat to the future of Web 3. Plus, insights into the advantages of owning decentralized, NFT-based virtual real estate and the launch of The Sandbox Alpha.

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The Giving Block Co-Founders on 'Crypto Giving Tuesday'

November 30, 2021 is Crypto Giving Tuesday, the year’s biggest one-day celebration hosted by The Giving Block, bringing together the crypto community and nonprofits for crypto fundraising and giving. The Giving Block co-founders Pat Duffy and Alex Wilson share insights into the campaign, benefits of participating, and their charitable goals.

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Bitstamp Exec on India’s Plan to Ban ‘Private Cryptocurrencies’

The Indian government is still seeking to ban most cryptocurrencies under a long-awaited bill that will be submitted for consideration. Bitstamp U.S. Chief Compliance Officer Thomas Hook discusses the potential impact on Bitstamp, which supports credit and debit purchases of digital assets in India. Plus, his thoughts on the Kleiman vs.

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Bitcoin Faces Resistance Around $57K, Altcoins Recover From 7-Day Lows

Bitcoin is meeting the $57,000 resistance level during U.S. trading hours Wednesday as altcoins and other layer 1 tokens recovered from seven-day lows. New data on bitcoin dominance continued to signal a bias toward altcoin exposure. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Apple Files Lawsuit Agains Israeli Spyware Maker for Surveilling Apple Users

Apple has filed a lawsuit against Israeli tech company NSO Group for allegations of surveillance and targeting of Apple users. NSO Group is best known for creating and selling sophisticated, state-sponsored spyware “Pegasus.” “The Hash” squad discusses Apple’s latest efforts to strengthen privacy protections and what it suggests about the need for blockchain tech.

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Metaverse Platform The Sandbox’s SAND Token Surges 25% After Adidas Teases Partnership

SAND, the native cryptocurrency of the blockchain-based virtual world The Sandbox, has rallied 25% in the past 24 hours, hitting record highs above $7 and taking the weekly gain to 70%. This comes after Adidas seemed to confirm a relationship between the two companies. Is the metaverse going mainstream?

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IMF: Bitcoin Should Not Be Legal Tender in El Salvador

The International Monetary Fund (IMF) stated bitcoin should not be used as legal tender in El Salvador, saying its plans to acquire more BTC will require a “very careful analysis” of implications for its financial stability. It also questioned President Nayib Bukele’s announcement of a $1 billion bitcoin-backed bond.

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OCC Wants Banks to Seek Permission Before Offering Crypto Services

The U.S. Office of the Comptroller of the Currency (OCC) published an interpretative letter Tuesday telling banks to be very clear they can provide crypto services before they do so. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways. Plus, Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee, is seeking more information about stablecoins.

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Bitcoin's Next Move After Dipping Below $56K

Greg King, Founder & CEO of crypto investment firm Osprey Funds, discusses his crypto markets analysis and outlook as bitcoin has tumbled below the $56,000 support level. Is there a potential threat we could be triggering liquidations in the short-term? Plus, insights into his firm launching NFT-focused investment vehicles by early next year.

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