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Craig Wright Found Not Guilty of Fraud in Bitcoin Trial
A federal jury has ruled while Craig Wright is cleared of most charges, he must pay $100 million to W&K Info Defense in intellectual property rights, a company founded by late computer scientist Dave Kleiman. “The Hash” team unpacks the jury’s decision in Bitcoin’s landmark case and why this is a continuing story to watch.
Crypto Tumblers, Exchanges in DOJ’s Focus as It Launches New Task Force
The Department of Justice (DOJ) has introduced a new task force to address potential illicit activities on crypto exchanges and other services that can serve as avenues for money laundering, according to CoinTelegraph. “The Hash” panel discusses crypto under the microscope following the Biden Administration’s latest attempts to counter corruption.
TRM Labs Raises $60M as Visa, Amex Play Catch-Up on Crypto Tracking
Blockchain investigations firm TRM Labs has raised $60 million in its Series B funding round. Contributors included credit card companies like American Express and Visa and payments firms like Block (formerly known as Square) and PayPal. Is crypto tracking going mainstream?
SushiSwap CTO Threatens to Quit, Demands More Autonomy and Compensation
Joseph Delong, chief technology officer of SushiSwap, announced he would leave the popular Ethereum-based decentralized exchange unless the core team is given more autonomy and increased compensation. “The Hash” hosts discuss the outlook for Sushi following the latest escalation in its ongoing infighting.
Is DeFi’s Decentralization Just an Illusion?
In its latest quarterly review, the Bank for International Settlements (BIS) said decentralized finance (DeFi) has a centralization problem, and policymakers should use it to regulate the sector. "The Hash" team digs into the report and what it illuminates about the potential risks of DeFi. Could open finance undermine financial stability?
Meta Builds Tool to Fight Revenge Porn Using Unique Digital Fingerprints
Meta, the parent organization of Facebook, has teamed up with the U.K.-based nonprofit Revenge Porn Helpline to stop the spread of non-consensual intimate images via a “hash-matching technology.” “The Hash” squad discusses how it works and the possible repercussions for user privacy.
Ether-Bitcoin Ratio Rises to 3 1/2-Year High as Crypto Crashed
Bitcoin tanked last week, pulling the broader crypto market lower. Meanwhile, the ether-bitcoin ratio rose 13%, reaching a three-and-a-half-year high and registering its best weekly performance since May. Is the "flippening" approaching? "The Hash" panel discusses the potential factors behind the crazy crypto markets' action.
ConstitutionDAO Raising Funds for Free Ross Movement
ConstitutionDAO, the group that raised $47 million last month to buy a copy of the U.S. Constitution but failed, is now pledging funds for the Free Ross Movement. The Free Ross organization is selling an NFT collection of Silk Road founder Ross Ulbricht's works with charitable aims. "The Hash" squad discusses the latest instance of decentralization technology breaking barriers to entry.
Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans
Goldman Sachs is reportedly among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions. "The Hash" panel discusses the latest continuation of Wall Street's embrace of the crypto industry.
Are Memes the Future of Money?
Shiba inu (SHIB) and dogecoin (DOGE) are just two of many meme coins that have made headlines this year in the crypto space, but are they setting the trend for the future of money? “The Hash” hosts discuss the phenomenon behind the meme economy and community.