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Christie's Exec. on Booming NFT Market, NFTs Up 5900% YTD
British auction house Christie's continues to bet on crypto and NFTs, following a record $69 million Beeple NFT sale in March. Noah Davis, head of digital art and online sales at Christie's, discusses insights into the booming NFT market, which is up 5900% year-to-date, the significance of a historic institution like Christie’s embracing digital art, and if this new tide is bringing younger buyers to the auction house.
Week Ahead: What’s Next for El Salvador’s Bitcoin Law With Lightning Network Playing Big Role
CoinDesk’s Tech Managing Editor Christie Harkin and Markets Managing Editor Brad Keoun discusses what’s to come next week in the world of bitcoin as the price of BTC consolidates and El Salvador has officially rolled out its Bitcoin Law with the Lightning Network playing a critical role.
What Caused This Week's Flash Crash?
The Week in Review panel for "All About Bitcoin" discusses the potential catalyst for this week's crypto markets flash crash. Plus, taking a look at this past week's stories making waves in the cryptocurrency space: BTC mining difficulty is recovering, node adoption for Taproot has gone over 50%, and the SEC is cracking down on Coinbase.
El Salvador Already Bought 550 BTC
El Salvador is on a bitcoin buying spree, having purchased 550 BTC as the Central American country’s bitcoin law went into effect Tuesday, officially adopting bitcoin as legal tender. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week
Beginning next week, the U.K.’s Post Office will offer users the ability to purchase crypto through its identity-verification service, EasyID, using a voucher system from Swarm Markets. Some suggest the integration may expose more people to decentralized finance (DeFi) through Swarm’s yield farming offering.
El Salvador’s Bitcoin Law and Impact on Remittances
El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC. “The Hash” panel discusses the potential impact of El Salvador’s bitcoin adoption on its remittance payments and the country’s wider economy.
Has Surveillance Become a Way of Life 20 Years After 9/11?
Saturday is the 20th anniversary of the September 11 attacks. “The Hash” panel reflects on its history and present legacy that has been left since, discussing its impact on today’s surveillance age and bitcoin’s emergence.
Algorand Foundation Launches $300M DeFi Innovation Fund
The Algorand Foundation has launched a 150 million ALGO (US$300 million) fund to support innovation in decentralized finance (DeFi) applications such as exchanges, money markets and NFT platforms on the Algorand network. “The Hash” squad discusses the details and implications for the larger DeFi landscape.
Crypto.com CEO on Striking Lucrative Multi-year Sponsorship Deal With Paris Saint-Germain
European soccer giant Paris Saint-Germain (PSG) named crypto exchange Crypto.com as its official cryptocurrency platform partner. Crypto.com CEO Kris Marszalek shares insights into the details and implications of the agreement, which will include issuing exclusive PSG-branded NFTs. Plus, reactions to Coinbase potentially facing a SEC investigation over its crypto yield product.
Cardano Smart Contracts Set for Sunday, CrossTower Launches in India
Cardano prepares for smart contract deployment on Sunday. CrossTower launches crypto trading platform in India. Animoca’s blockchain gaming platform The Sandbox launches Pororo The Little Penguin NFTs. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”