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FM Clip
Congress Is Not Done With the GameStop Hearings
Wednesday, the House Financial Services Committee will hold another hearing on the GameStop trading frenzy. Nik De on what to expect from the newest hearing. Plus, developments in the SEC's case against Ripple.
What’s Happening With the Mt. Gox Settlement?
U.S. securities attorney Jonathan Dunsmoor, who was a plaintiff in the infamous Mt. Gox hack, provides an update on the case against the exchange and its ex-CEO, Mark Karpeles. “I think the likelihood of us all getting ripped off is very great,” said Dunsmoor. Plus, how to stop the next exchange hack.
What’s Behind the Pullback After Bitcoin’s New All-Time High?
Bitcoin hit an all-time high this weekend, breaking through $61K, before dropping back to $56K on Monday morning. CoinDesk senior reporter Omkar Godbole weighs in on what’s behind the drop in price.
CFTC Reportedly Probing Binance
Bloomberg reports the CFTC is probing Binance for the same reason as the agency’s investigation of Bitmex – allegedly allowing U.S. customers to trade derivatives. Nikhilesh De discusses what this may mean for both Binance and the crypto world in general.
Ethereum Co-Founder: 'Right Now, I Don't Think There Is an Ethereum Killer Out There'
For all the hype about "Ethereum killers," Anthony Di Iorio, Ethereum co-founder and founder of Decentral and the Jaxx wallet, says there isn't one, yet. Di Iorio weighs in on the current state of Ethereum and what he believes it will have to do to keep up with new competitors. Plus, his take on NFTs and Beeple.
Bitstamp: ‘Regulation Is Coming to Crypto’
Bitstamp’s Hunter Merghart says regulation is coming to crypto. “You can either fight it, or you can try to work with the regulators to develop a framework that helps the entire industry grow,” said Merghart. Plus, how Bitstamp ensures it can handle high traffic during the bull market.
What’s Next for Beeple After Dizzying $69M NFT Sale?
Beeple has skyrocketed from a relatively unknown graphic designer to one of the most valuable living artists in history after yesterday’s sale of his work “Everydays: The First 5000 Days” for $69M.
Diginex Subsidiary Becomes First Nasdaq-Listed Company to Launch Own Token
Crypto exchange EQUOS has announced the launch of a native token, EQO. This will make EQUOS, a subsidiary of Diginex, the first Nasdaq-listed company to launch its own token. Richard Byworth, CEO of EQUOS and Diginex, joins “First Mover” to discuss the EQO origin token and how it will work on the exchange.
NFTs Have Become the Latest Way to Steal Art
It’s the Wild West in the NFT sphere, and theft is the newest form of lawlessness. People are making non-fungible tokens of other people’s art and tweets, and there isn’t much that can be done about it.
Could Regulatory Clarity Remove Barriers to Crypto Innovation?
Rep. Warren Davidson (R-Ohio), one of the authors of a new bipartisan bill in Congress that aims to provide regulatory clarity to the crypto industry, shares his insights on the current state of governmental regulation. “That’s the thing this space needs, is clarity,” said Davidson. “Not no regulation, but a light touch to provide certainty.”