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Why Shiba Inu Has Been More Resilient Than Some SHIB Haters Would Like to Admit
While institutional investors have largely ignored dogecoin killer shiba inu (SHIB), the meme-token is rising thanks to its SHIB Army grassroots community. “The Hash” squad discusses the SHIB phenomenon and why this is a continuing story to watch.
Bitcoin Climbs Above $60K After Report SEC Won’t Block Futures ETF
Bitcoin jumped above $60,000 for the first time in almost six months following a report a bitcoin futures ETF could clear the U.S. Security and Exchange Commission (SEC).
DeFi Pushes North America to Become World’s Second-Biggest Crypto Market
Growth in DeFi has driven North America to become the world's second-largest crypto market. New research by crypto intelligence firm Chainalysis reveals East Asia's share of global crypto transaction volume started dropping in April 2020, long before China's crackdown this year. "The Hash" panel discusses the findings and the role of DeFi in leading the way for crypto adoption.
Bank of England Deputy Governor Warns Crypto Could Cause 2008-Level Meltdown
Jon Cunliffe, the Bank of England’s deputy governor for financial stability, warns that cryptocurrencies could spark a global financial crisis. “The Hash” hosts challenge his arguments. “Crypto is not the problem,” host Naomi Brockwell said. “Crypto is the solution.”
Morgan Stanley CEO Says Crypto Isn’t a Fad, Though Not Seeing Much Client Demand
James Gorman, CEO of Morgan Stanley, said cryptocurrency isn’t a fad and is not going away. Though, he said his bank isn’t seeing much client demand. In April, the firm confirmed it is offering wealth management clients exposure to bitcoin through a pair of external crypto funds.
Polkadot Sets Date for Hotly Anticipated Parachain Auctions
The much-anticipated parachain auction process, where projects are allocated slots for building on the Polkadot smart contract blockchain, is slated to begin on Nov. 11. “The Hash” squad discusses the outlook for the Polkadot network following the latest step signaling the vision for an interconnected blockchain framework could be realized soon.
Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support
Payments company Stripe, whose API supports millions of digital storefronts, has begun assembling a crypto engineering team to chart its future in digital assets. In an industry first, Stripe supported bitcoin in 2014 but abandoned the service four years later.
Stronghold Digital Sets IPO Price at $16-$18 a Share
Stronghold Digital, a bitcoin mining firm that converts coal waste into power for its operations, plans to raise $94 million and $106 million in an IPO. According to a filing with the SEC, it plans to sell about 5.9 million shares at $16-$18 per share for acquisitions of mining rigs and power-generating assets.
Dapper Labs Signs Multi-Year Partnership With NBA Star Kevin Durant’s Boardroom
Boardroom, a sports media company created by NBA star Kevin Durant and his investment firm Thirty Five Ventures, has agreed to a two-year partnership with Dapper Labs to help create original NBA Top Shot Moments and video content. This comes as JAMBB raised $3.5 million to build a comedian-focused NFT marketplace on the Flow blockchain. "The Hash" group discusses NFT video moments as the latest emerging trend to watch.
Andreessen Horowitz Reportedly Plans to Meet With Washington Policymakers Over Web 3
Venture capital (VC) firm Andreessen Horowitz (a16z) is reportedly planning to meet with leaders in Washington over the regulation of the next generation of the internet, commonly known as Web 3. "The Hash" panel discusses the possible outcome for Web 3 technologies and regulations, the role of VCs in policymaking at Capitol Hill, and the wider U.S. crypto regulatory landscape.