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Videos

Why UK Financial Watchdog Wants to Shut Down Crypto ATMs

The U.K.'s Financial Conduct Authority (FCA) has stated that crypto ATMs operating in the country are illegal due to money laundering regulations. “The Hash” hosts examine how this might affect crypto usage, noting the privacy benefits of bitcoin ATMs and the possible impact on Ukrainian refugees who are fleeing their country with their savings in cryptocurrency assets.

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South Korea Elects Crypto-Friendly Yoon Suk-Yeol as President

South Korea has now elected conservative Yoon Suk-Yeol as the next president, who campaigned on deregulating the country’s cryptocurrency industry. “The Hash” discusses the history of crypto in South Korea, which previously was subject to intense government scrutiny, and the possibility of Web 3 companies now creating operations in South Korea.

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OKCoin and Stacks Pledge $165M to Support Bitcoin-Related Projects

Cryptocurrency exchange OKCoin has pledged $165 million for an initiative called “Bitcoin Odyssey” which will work in conjunction with the Stacks Accelerator and Stacks Foundation to promote bitcoin-adjacent projects on the Stacks network. “The Hash” discusses the significance of bringing new aspects like smart contract functionality to the bitcoin blockchain since it is the most widely used decentralized network. 

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Goldman Sachs to Exit Russia Amid War With Ukraine

As Vladimir Putin continues the invasion of Ukraine, Goldman Sachs plans to exit Russia and is the first Wall Street bank to take such actions. “The Hash” examines the impact this will have on everyday Russian consumers as other American businesses like McDonald’s and Coca-Cola also suspend operations in the Russian Federation.

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Inflation Reaches 40-Year High of 7.9%, Can Bitcoin Help Consumers?

"The Hash" discusses what U.S. inflation rates at 7.9%, a level not seen in over 40 years, means for consumers in their necessary expenses and if bitcoin presents a solution to these concerns. Plus, a conversation on other assets like gold as an inflation hedge and rising oil prices following the Russia-Ukraine war. 

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Geopolitical Uncertainties Boosting Demand for Privacy Coins in 2022?

Privacy coins Monero XMR, Zcash ZEC and Secret SCRT all saw large price spikes, possibly gaining favor from certain users over other cryptocurrencies.

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President Biden Signs Executive Order Pushing for Coordinated Approach to Crypto Oversight

President Joe Biden recently signed an executive order regarding oversight of the cryptocurrency industry, acknowledging that roughly 40 million Americans own some form of crypto. “The Hash” discusses how this call for increased coordination among regulators could be positive for the crypto industry and possibly limits the SEC’s domain over decentralized technology.

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WeWork for Web 3? EmpireDAO Leases NYC Coworking Space

A decentralized autonomous organization called EmpireDAO is leasing a property in New York City to create a coworking space for crypto builders. “The Hash” discusses how this project can help bring a sense of community and human interaction to Web 3 and the state of the New York crypto scene.

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Why is Binance Eyeing Non-Crypto Acquisitions?

Binance CEO CZ recently articulated ambitions to acquire businesses from varying industries and integrate them with the crypto space, saying “The strategy is about making the crypto industry bigger.” “The Hash” discusses this announcement in the context of Binance’s investment in Forbes and speculates on what their next move might be.

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World of Women NFT Project and The Sandbox Launch $25M Inclusivity Program

The World of Women NFT project has teamed up with startup The Sandbox to launch a new program called “WoW Foundation,” an initiative that will receive $25 million to promote women in the Web 3 space through education and mentorship.

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