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EU Markets Regulator Reportedly Calls for Ban on Proof-of-Work Crypto Mining
Energy-intensive proof-of-work crypto mining should be banned in the European Union (EU), according to the vice chair of the European Securities and Markets Authority (ESMA) Erik Thedéen. “The Hash” panel discusses the differences between proof-of-work and proof-of-stake mining following the latest bitcoin energy debate.
JPMorgan: Ethereum Losing NFT Market Share to Solana
Ethereum's dominance in non-fungible tokens (NFTs) is shrinking because of congestion and high gas fees, JPMorgan said in an analyst report. "The Hash" team discusses their assessment of the findings and why Ethereum might still be the superior blockchain.
An NFT Restaurant Soon to Open in New York City
VCR Group, a hospitality and restaurant group that includes serial entrepreneur Gary Vaynerchuk, is opening a luxury “seafood-inspired” dining club in Manhattan in 2023. To gain access to “Flyfish Club,” members must have a flyfish non-fungible token (NFT).
Betting on Web 3, Microsoft to Acquire Activision Blizzard for $68.7B In Biggest Gaming Deal in History
Microsoft is buying video game company Activision Blizzard, the maker of “Call of Duty,” for nearly $69 billion in a potential bet on Web 3. This comes amid gamers turning their backs on non-fungible tokens (NFTs).
Crypto.com’s Stolen Ether Being Laundered via Tornado Cash
The $15 million in ether (4,600 ETH) stolen from Singapore-based Crypto.com is currently being laundered via Tornado Cash, an ETH mixing protocol, according to on-chain data. "The Hash" team discusses the latest hacking victim of 2022 and the revelations about the potential role of money laundering in mixing services.
Is El Salvador President Nayib Bukele Really the Bitcoin Hero We Need?
New reporting has found strong evidence Salvadoran President Nayib Bukele sought to undermine freedom of speech in the Central American nation, contradicting Bitcoin’s core values.
Dogecoin Surges as Payments Go Live on Tesla Store
Dogecoin (DOGE) payments went live on the Tesla store during Asian hours Friday, with prices seeing an 11% increase shortly afterward. This comes after Tesla CEO Elon Musk said the electric-car maker would accept dogecoin as payment for its merchandise in December. Earlier this year, Tesla started accepting bitcoin.
US Lawmaker Proposes Bill to Prohibit Fed From Issuing CBDCs Directly to the Public
Rep. Tom Emmer (R-MN) has introduced a bill aimed at preventing the Federal Reserve from issuing a central bank digital currency (CBDC) directly to U.S. consumers. "The Hash" hosts break down the proposal and what it could mean for crypto regulation in the potential issuance of a digital dollar.
'Blockchain City' CityDAO Falls Victim to $95K Hack via Discord
CityDAO, the experiment into decentralized land ownership, has fallen victim to a $95,000 hack by fraudsters on gaming instant messaging site Discord. "The Hash" team reacts, discussing the implications for security precautions.
Wikipedia Editors Vote Against Classifying NFTs as Art
"The Hash" team reacts to a group of editors on Wikipedia, the free user-generated encyclopedia, voting against classifying NFTs as a form of art. The debate has since been shelved until a later date. Can non-fungible tokens (NFTs) be classified as art?