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Polychain Leads $21M Round for Retail-Oriented Decentralized Exchange

Clipper, a new decentralized exchange (DEX) from crypto firm Shipyard that aims to attract retail traders with low trading fees, closed a $21 million funding round Tuesday led by digital asset investment fund Polychain Capital.

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Why June’s Consumer Price Index Could Be Good News for Bitcoin

A key U.S. inflation report released Tuesday indicates consumer prices increased 5.4% in June from a year earlier at its biggest monthly gain since August 2008. “The Hash” hosts discuss bitcoin as a potential hedge against inflation.

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Lightning Network Could Help Bitcoin Scale Up

Some say the Lighting Network, a “layer 2” solution that exponentially cuts down the time and fees to send bitcoin, is the most important project for the most crucial asset in the blockchain space. “The Hash” panel shines the limelight on Lightning, discussing how the network could change the way investors think about bitcoin.

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Binance Is Firmly in the Regulatory Crosshairs

"The Hash" hosts discuss why Binance is the most critical centralized crypto platform to keep an eye on, with enforcement actions against the exchange hinting at what other platforms should expect. "Whatever happens to Binance through the midst of this, it's going to signal how regulators around the world are approaching crypto," host Christine Kim said.

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UK Cops Seize Nearly $250M in Crypto Tied to Money Laundering

British police announced Tuesday they seized almost $250 million in crypto amid ongoing investigations into international money laundering. “The Hash” team discusses the potentially false narrative of crypto’s role in illicit activity. “Of all the transaction volume that cryptocurrencies have, only roughly 2% is used for criminal activity,” host Christine Kim said.

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Korea Crypto Law Applies to Binance, Samsung Next Invests in Nifty’s

The head of Korea’s Financial Services Commission (FSC) says crypto laws apply to Binance. Samsung Next invests in Nifty’s, and in a new series, Forkast News will examine how NFTs could revolutionize the music business. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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UK Binance Users Locked Out From Faster Payments System

In a letter to its U.K. customers, Binance said Monday that any pound sterling withdrawals or transactions on the platform via the Faster Payments network would not be processed. CoinDesk’s Nikhilesh De weighs in on what this means for Binance and its users.

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Apifiny CEO: More Crypto Adoption Ahead

Haohan Xu of global digital asset trading network Apifiny breaks down his on-chain data on the kinds of trading volumes seen on his platform.

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Sen. Toomey: Regulators Should Not Impede the Development of Crypto

Pennsylvania Sen. Pat Toomey discusses the concerns over burdensome crypto regulations and the need for continued development of private digital currencies. “From a policymaker’s point of view, I want to make sure that we don’t impede the development of this really exciting, new category of innovation,” Toomey said. Plus, crypto investments and digital dollar.

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Brian Brooks on Binance's Global Regulatory Warnings

Amid global regulatory pressures against Binance, Brian Brooks, CEO of Binance.US, responds to whether this is a coordinated effort by regulators or something closer to a domino effect. "I think it's interesting how much attention Binance gets versus other exchanges," Brooks said, noting the intensifying regulatory scrutiny. Plus, new high-profile hires, U.S. risks for operating Binance.US, crypto regulation, stablecoins, and how China's crypto crackdowns impact the global crypto markets.

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