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PNC Bank Planning Crypto Offering With Coinbase

PNC Bank, the fifth-largest commercial bank in the U.S. in assets, plans to work with crypto exchange Coinbase to offer crypto investment services to clients. This comes on the heels of Coinbase posting its higher-than-expected second-quarter earnings that sent prices of its COIN shares soaring.

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SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto

In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources to crack down on the crypto sector.

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Soccer Legend Leo Messi Drops First NFTs

Enter: The Messiverse. Iconic soccer player Lionel Messi is teaming up with the Ethernity platform and digital design firm BossLogic to launch his first official non-fungible tokens (NFTs). "The Hash" team discusses the latest sporting legend jumping on the NFT bandwagon, bringing blockchain awareness to the masses.

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NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage

Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.

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AMC Will Soon Accept Bitcoin for Tickets and Concessions

AMC Entertainment Holdings, America's largest movie theater chain, will begin accepting bitcoin payments for tickets and concessions by the end of the year, CEO Adam Aron said on Monday's Q2 earnings call. "The Hash" squad discusses the practicality of AMC embracing crypto and whether it is just a play to appease its online fan community by way of Reddit's Wall Street Bets movement.

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Crypto Coin Listings Exploded in 2021

In the first half of 2021, CoinMarketCap added 2,655 new crypto assets to its database to a total of 10,810 listed coins. The data aggregator and two others cited the surge to be driven by a combination of bullish price action, the influx of traditional financial institutions, influencers and celebrities to the space, a non-fungible token (NFT) boom, and the rise of meme coins. "The Hash" team digs into the data and what it reveals about the outlook for the crypto industry.

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Largest Hack in Crypto History? $600M in Crypto Potentially Stolen From DeFi Platform Poly Network

Cross-chain decentralized finance (DeFi) platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto. This figure would place the Poly Network hack among the largest in crypto history. “The Hash” hosts discuss the implications for DeFi regulation amid U.S. lawmakers reining in on the digital asset sector.

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US Senate Passes $1T Bipartisan Infrastructure Bill

After months of negotiations, the U.S. Senate voted Tuesday to approve the $1 trillion bipartisan infrastructure bill without any crypto amendment. The legislative body will now send the original provision to the House of Representatives, where a resolution is to be motioned once members return from their recess in the fall.

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Chainlink Integrates Weather Data From the Google Cloud

Chainlink, a leading provider of data feeds to blockchain-based smart contracts, has now fully added decentralized weather data from the Google Cloud. "The Hash" squad discusses the implications for Chainlink's "sophisticated integration of data into decentralized systems" as the latest example of the real-world meeting blockchain technology.

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Why Did Binance.US CEO Brian Brooks Quit?

Brian Brooks announced he resigned as Binance.US CEO after just four months on the job, citing “differences over the strategic direction” between him and his colleagues. His predecessor Catherine Coley has remained quiet since her replacement. "The Hash" panel discusses the possible reasons for Brooks' departure and whether Binance's intensifying regulatory pressures could have played a part.

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