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US House Sends Infrastructure Bill With Crypto Tax Provision to President Joe Biden

The U.S. House of Representatives voted to pass a bipartisan infrastructure bill Friday containing a controversial cryptocurrency tax reporting requirement. The bill now goes to U.S. President Joe Biden for his signature. "The Hash" panel discusses the specifics and implications of the latest possible blow to the crypto industry.

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Bank of China Reportedly Reveals Machine That Converts Foreign Currency to Digital Yuan

The Bank of China has revealed a machine that converts foreign currencies into digital yuan. The machine is likely to be rolled out for the 2022 Beijing Winter Olympics when the central bank digital currency (CBDC) is set to be introduced globally. It requires a passport but not a bank account.

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Elon Musk Facing $15B Tax Bill, Takes to Twitter on Whether He Should Sell 10% of His TSLA Shares

Tesla CEO Elon Musk asked his 62.7 million Twitter followers Saturday whether he should sell 10% of his Tesla (TSLA) holdings. Some suggest this is due to Musk’s impending tax bill of more than $15 billion in the coming months on stock options.

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Craig Wright Takes Stand in Bitcoin Trial With 1.1 Million BTC at Stake

Monday marks the fifth day of the civil trial between Craig Wright, a computer scientist best known for claiming to be the pseudonymous creator of Bitcoin, and the estate of Dave Kleiman, Wright's former collaborator and business partner. 1.1 million BTC is at stake, which could be worth over $67 billion. "The Hash" team discusses the latest in bitcoin's trial of the century.

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Bitcoin Cash Briefly Spikes Over 4% in 15 Minutes After Fraudulent Press Release

Bitcoin cash (BCH) saw a sharp but short-lived uptick in its value Friday after a fake press release claimed U.S. supermarket giant Kroger would be accepting the cryptocurrency as payment this holiday season. BCH rose over 4.6% from $602.63 around 11:30 UTC to $630.70 in less than 15 minutes. "The Hash" panel discusses what to make of increasing fraud-making waves in the crypto markets.

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FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming

FTX, Lightspeed Venture Partners, and Solana Ventures are investing $100 million in Web 3 gaming development. The funding will go towards gaming studios and technology integrating the Solana blockchain into video games on desktop and mobile platforms. The Hash" group discusses the implications for the initiative, one of the largest capital investments ever in the growing Web 3 gaming space.

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NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin

Incoming New York City Mayor Eric Adams said Thursday he would take his first three paychecks in bitcoin when he takes office in January. This comes as Miami Mayor Francis Suarez announced he would take his next paycheck in BTC. "The Hash" team weighs in on the possible impact of the move for New York's crypto landscape.

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Kleiman v. Wright: Bitcoin’s Trial of the Century With $66B Worth of BTC at Stake

The civil trial Ira Kleiman vs. Craig Wright kicked off in Miami Monday that may provide insight into some of Craig Wright’s claims that he is Satoshi Nakamoto, the inventor of Bitcoin. "The Hash" panel discuss the latest in bitcoin's trial of the century with $66 billion worth of BTC at stake.

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Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Bitcoin and ether were little changed over the past 24 hours. Yet, digital currencies associated with Solana and Polkadot, both alternatives to the Ethereum blockchain, were outperforming along with gaming tokens like Axie Infinity’s AXS. "The Hash" team discusses the rise of altcoins and wider crypto markets outlook.

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Metamask, Phantom Wallet Users Reportedly Targeted in Crypto Phishing Scam

Users of crypto wallets MetaMask and Phantom, as well as the crypto swap platform PancakeSwap, have been targeted in a crypto phishing scam involving Google Ads and at least half a million dollars being stolen. “The Hash” team discusses how the scam works and how to keep your funds safe.

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