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Korea Stands Firm on NFT Games; Laos Introduces Crypto Regulations
Bithumb approval sees Korea’s big four exchanges all fully licensed. Korea’s Game Rating and Administration Committee stands firm on NFT game ban. Laos issues new regulations for crypto miners and exchanges. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
ConstitutionDAO Outbid for First Printing of America’s Founding Document in Sotheby’s Auction
The group known as ConstitutionDAO was outbid by an unknown buyer who submitted a $43.17 million bid at Sotheby’s auction house Thursday. When the gavel banged, a first edition copy of the U.S. Constitution, one of only 13 left in existence, was in new hands.
Bitcoin Attempts Price Recovery After a Derivatives-Led Slide to Sub-$56K
Bitcoin is looking to regain its footing, having reached five-week lows early Friday in a move market participants said was driven by derivatives. Haohan Xu, CEO of crypto trading firm Apifiny, discusses his views on bitcoin's trajectory and how low it could go. Plus, whether the benefits of Taproot could already be priced into BTC.
Ethereum Blockchain Software Company ConsenSys Plans for Massive Expansion After Raising $200M
ConsenSys has raised $200 million in the latest round that valued the Ethereum backer at $3.2 billion. ConsenSys Global Fintech Co-Head Lex Sokolin shares insights into the firm's expansion, Web 3, and ETH.
Crypto Market Cap Plunges, South Korean Banks Head Into Metaverse
AntChain instigates rules to prevent NFT hype. The crypto market takes a plunge. South Korean banks jump on the metaverse bandwagon. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Key Takeaways From Confirmation Hearing for Comptroller of Currency Saule Omarova
Saule Omarova, President Biden's nominee to be the Comptroller of the Currency, faced questioning at her confirmation hearing Thursday before the Senate Banking, Housing and Urban Affairs Committee. CoinDesk's Nikhilesh De discusses the main takeaways.
Privacy Bowser Brave Launching Built-In Crypto Wallet
Crypto-centric privacy browser company Brave now has a built-in crypto wallet that deepens its foray into crypto self-custody. This comes after years of relegating to third-party wallet extensions like MetaMask. Brave, which has over 42 million monthly active users, also plans to add Solana support in early 2022. CEO and co-founder Brendan Eich shares his insights.
What’s Driving Bitcoin Price Movement?
Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks. Marc Lopresti, co-managing director at The Strategic Funds, discusses the new support and resistance levels to watch for bitcoin as indicators of a continued bull market.
Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big
Bit Digital says the entire crypto mining fleet is now out of China. Taproot upgrade unlocks greater bitcoin network utility. Singapore's Mintable aims to become the world's largest NFT marketplace. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Lawmakers Introduce Bill to Modify Crypto Tax Provision in Biden Administration’s $1T Infrastructure Law
A bipartisan group of U.S. lawmakers have introduced a bill to amend the crypto-related provisions in the bipartisan infrastructure bill signed into law earlier this week. CoinDesk’s Nikhilesh De discusses the latest on crypto regulation.