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Digital Asset
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE.
Bakkt to Suspend Consumer App After Two Years, Shifts Focus to B2B Tech Services
Digital asset platform Bakkt's announcement comes amid increased scrutiny from regulators over retail-based platforms in the interest of consumer protection. "The Hash" panel discusses the outlook for Bakkt as part of a larger shift away from retail towards institutional adoption.
DeFi's Current Functionality 'Barely Scratches the Surface,' Bank of America Says
The correction in digital asset markets last year led to a shift in focus and capital from speculative trading to projects with real-world functionality, but decentralized finance’s (DeFi) current functionality "barely scratches the surface," Bank of America (BAC) said in a research report Wednesday. The banking giant added that developer activity and adoption are part of the key to success. "The Hash" panel discusses the key takeaways of the report.
India's Crypto Tax Amendment Could Punish Evaders With Jail Time, Attorneys Say
In 2022 India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector.
Layer 1 Blockchain Aptos’ APT Token Price Doubles in Two Weeks
Layer 1 blockchain Aptos’ APT token is jumping in the last 14 days, even as the broader crypto market grapples with bankruptcies, lawsuits and a decline in overall sentiment. "The Hash" panel discusses the potential factors driving the rally and the state of the broader digital asset space.
Carbonbase CEO on Using Blockchain to Fight Climate Change
Carbonbase CEO Max Song discusses using blockchain to empower enterprises, individuals and communities to offset carbon emissions and create a more sustainable world. Plus, insights on China's potential pivot in the digital asset space.
Metropolitan Bank to End Crypto-Related Services
Metropolitan Commercial Bank is to end crypto-related services because of "recent developments" in the digital asset industry. Meanwhile, Jefferies downgraded Signature Bank from buy to hold as its crypto businesses shrink. "The Hash" panel discusses how the FTX contagion will impact the banks that have expanded into crypto.
Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill Amid FTX Fallout
U.S. Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.) are introducing a bill to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency. "The Hash" hosts discuss the proposal in what could be a potential blow to the digital asset industry.
Investing in Digital Assets That Drive Structural Change
RadicalxChange Foundation's President Matthew Prewitt joins I.D.E.A.S. 2022 to discuss the issues around existing forms of money from dollars to bitcoins and how blockchain could potentially solve those issues with the creation of new digital asset classes and identity structures.
