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Crypto Markets Bouncing Back Amid Geopolitical Tensions

Bitcoin and other major cryptocurrencies are trending higher Wednesday. Prosper Trading Academy CEO Scott Bauer discusses the impact of heightening China-U.S. tensions and rising inflation on the markets. Plus, his take on ether's latest rally.

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New Senate Proposal Could Give CFTC Crypto Oversight

The U.S. Senate Committee On Agriculture, Nutrition & Forestry is set to introduce a bill Wednesday allowing the Commodity Futures Trading Commission (CFTC) “exclusive jurisdiction” over digital commodities. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far and what to expect.

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Magic Eden COO on Multimillion Dollar Solana-Based Crypto Wallet Hack: 'It's an Education Thing'

Over 8,000 “hot” Solana-based crypto wallets have been compromised in an ongoing exploit amassing at least $5 million. Zhuoxun Yin, COO and co-founder of NFT marketplace Magic Eden, discusses what this means for Magic Eden and NFT application builders. "This is sort of a longer-term education piece that will continue to be a strong narrative," Yin said.

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Magic Eden COO on Ethereum Expansion, NFT Ecosystem Outlook

NFT marketplace Magic Eden is going multi-chain, integrating Ethereum-based NFTs into its previously Solana-only platform. Magic Eden’s COO and co-founder Zhuoxun Yin shares insights into the “exciting acceleration” in extending Magic Eden’s presence within the NFT and Web3 communities to “deliver the most full-featured multi-chain experience for creators and collectors.”

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Miami Mayor on Crypto Market Downturn, New Initiative to Launch 5,000 ETH NFTs

Miami Mayor Francis Suarez joins “First Mover” to discuss the recent market downturn, Miamicoin’s recent crash, and his continuous support for the crypto industry. TIME President Keith Grossman joins Mayor Suarez with more details on Miami’s plan to launch 5,000 Ethereum NFTs in collaboration with TIME, Mastercard and Salesforce. Plus, an outlook on Web3 adoption.

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Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit

The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”

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New York Dept of Financial Services Fines Robinhood Crypto $30M

The New York State Department of Financial Services fined Robinhood’s cryptocurrency trading unit $30 million for alleged violations of anti-money-laundering and cybersecurity regulations. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the penalty. Plus, insights into SEC's fraud charge on Ponzi scheme Forsage and latest on Bitfinext hack laundering suspects "Razzlekhan" and "Dutch."

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Cross-Chain Token Bridge Nomad Loses Nearly $200M in Exploit

The cross-chain token bridge Nomad was exploited Monday, with attackers draining the protocol $200 million of its funds. Halborn co-founder Steven Walbroehl explains what happened and why crypto bridge services are frequently targeted by hackers. Plus, advice for investors on how to secure digital assets.

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Netgear Partners With SuperRare to Bring NFT Art Into the Physical World

Netgear, the company best known for its Wi-Fi routers, is teaming up with NFT marketplace SuperRare to showcase NFTs on Meural digital displays. SuperRare CEO John Crain and Netgear Head of Meural Poppy Simpson share insights into the partnership, saying "We've joined forces to pioneer a new standard for streaming royalties." Plus, their take on the current state of the NFT market and what's next for the art world.

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Bitcoin Closed July Above $23K, Best Month Since October

Bitcoin climbed nearly 20% in July and closed above $23,000, recording its best month since October even as fresh U.S. economic data showed the Federal Reserve’s preferred measure of inflation rose to a new 40-year high in June.

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