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The President's Working Group on Financial Markets (PWG) released a report and recommendations on stablecoins, urging lawmakers to subject stablecoin issuers to the same strict federal oversight as banks. Jeremy Allaire, CEO of stablecoin USDC issuer Circle, discusses the report's potential impact on his firm, USDC, and stablecoin regulation.

Nov 5, 2021

Canaan sues over bitcoin mining chip patent infringementIndia’s PayTM considers launching crypto-related services. Baidu and Netease file metaverse patents. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Nov 5, 2021

William Foxley, Editorial Director at Compass Mining explains his latest short documentary detailing bitcoin mining in the indigenous Navajo Nation. The indigenous people there are building bitcoin mines using renewable energy in an effort to bring about prosperity and much-needed development for the area. Could crypto help bridge the gap? Watch the full video report here: https://t.co/Bch8WVvOl1?amp=1

Nov 4, 2021

New data on bitcoin’s adjusted spent output profit ratio (aSOPR), which measures the profitability of spent bitcoin while filtering out short-term trading, reveals profit taking since July has remained significantly lower than during BTC’s rally from January to May. Some suggest this signals holders may believe in the continuation of a longer-term bull cycle.

Nov 4, 2021

Sam Trabucco, co-CEO of trading firm Alameda Research launched by crypto billionaire Sam Bankman-Fried, shares insights into bitcoin and the wider crypto markets, and Alameda’s investment thesis. Plus, his take on how bitcoin’s price could be impacted from the Wright vs. Kleiman trial and the Federal Reserve’s tapering decision.

Nov 4, 2021

The civil trial Ira Kleiman vs. Craig Wright kicked off in Miami Monday that may provide insight into some of Craig Wright’s claims that he is Satoshi Nakamoto, the inventor of Bitcoin. "The Hash" panel discuss the latest in bitcoin's trial of the century with $66 billion worth of BTC at stake.

Nov 4, 2021

Bitcoin and ether were little changed over the past 24 hours. Yet, digital currencies associated with Solana and Polkadot, both alternatives to the Ethereum blockchain, were outperforming along with gaming tokens like Axie Infinity’s AXS. "The Hash" team discusses the rise of altcoins and wider crypto markets outlook.

Nov 4, 2021

Users of crypto wallets MetaMask and Phantom, as well as the crypto swap platform PancakeSwap, have been targeted in a crypto phishing scam involving Google Ads and at least half a million dollars being stolen. “The Hash” team discusses how the scam works and how to keep your funds safe.

Nov 4, 2021

e-CNY hits 140 million users in the pilot phase. First digital renminbi money laundering case investigated. South Korea gets the metaverse bug. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Nov 4, 2021

EDM DJ Alesso has partnered with emerging NFT platform OneOf and space tourism firm World View to launch his debut NFT collection on the Tezos blockchain. Dubbed "Cosmic Genesis," it comes with stratospheric space flights for two token holders. Alesso and OneOf CEO Lin Dai share insights into the release and the potential impact of NFTs in the music industry.

Nov 4, 2021