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Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow
Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.
Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack
JBS USA Holdings Inc., the largest meat producer globally by sales, was hit with a ransomware attack and revealed that it paid hackers $11 million in bitcoin to solve the issue. "The Hash" panel continues the ongoing conversation around the role of cryptocurrency in ransomware, and the actions regulators need to take to resolve such attacks.
Bitcoin Price Rises Above $37K. What's Next?
The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.
eToro U.S. Chief on Expanding U.S. Hub to Miami; State of Crypto in Israel
Israeli-based exchange eToro plans to expand its U.S. hub in Hoboken, NJ, and build an additional branch in Miami, FL. eToro U.S. Managing Director Guy Hirsch joins "First Mover" to discuss what's in store. Plus, his main takeaways from the Bitcoin 2021 conference, how eToro is combatting the ransomware problem and the state of crypto in Israel.
Will a Digital Dollar Solve the Crypto Ransomware Problem?
Responding to recent high-profile ransomware attacks on major food and oil companies, U.S. lawmakers are amping up their criticism of bitcoin and cryptocurrencies. Dave Jevans of CipherTrace, which tracks crypto crime and anti-money laundering trends, discusses the potential solutions to cyberattacks and whether having a digital dollar is one of them.
Bitcoin Hot in Singapore; China Widens Crypto Mining Bans
Bitcoin as legal tender a hot topic in Singapore. China bans crypto mining in Changji city and Qinghai province, and over 1,000 arrested in China on crypto-related money laundering charges. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Elizabeth Warren, US Lawmakers Put Bitcoin on Trial in Senate CBDC Hearing
CoinDesk’s Nikhilesh De on the main takeaways from Wednesday’s Senate Banking Committee hearing where Massachusetts Senator Elizabeth Warren and other lawmakers grilled four witnesses about bitcoin and their views on whether to develop a U.S. Central Bank Digital Currency (CBDC) or “digital dollar.”
Americans Earned Over $4B in Bitcoin in 2020, More Than Triple the Investors in Other Countries
A new study that shows which countries have realized the most bitcoin gains reveals American investors earned over $4 billion in bitcoin in 2020, more than triple that in any other country. CoinDesk’s Director of Data and Indexes Galen Moore digs into the data.
Bitcoin Hashrate Declining Amid China Crackdown
The bitcoin hashrate tumbles amid more crypto mining operations in China shutting down. The country’s Qinghai province is the latest to announce a new crypto ban, following Xinjiang and inner Mongolia. Darin Feinstein of Blockcap, one of North America’s largest miners, weighs in.
Bitcoin Hashrate Plunging Amid China Crackdown
The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.