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SEC Commissioners ‘Disappointed’ in SEC Ruling on Crypto Firm Coinschedule
The SEC said Wednesday it had settled charges against Coinschedule.com operator Blotics for violating the anti-touting provisions of federal securities law. Still, commissioners Elad Roisman and Hester Peirce claim the regulator missed the chance to define which touted assets were securities.
Report: White House to Create Ransomware Task Force
The White House is creating a new task force to investigate and tackle ransomware, including cryptocurrency payments, Politico reported Wednesday, but is it just a big PR stunt? "[The White House] is just diverting attention from the fact that they're trying to regain control of the money supply," host Naomi Brockwell said. "They can do it by smearing bitcoin, as they always have done, with the criminal brush."
What’s Going on With Banking App Chime?
According to ProPublica, banking app Chime has allegedly been closing a disproportionate number of customers’ accounts, sometimes not returning their money in the process, due to an “extraordinary surge” in fraudulent deposits. “The Hash” panel explores the Chime controversy as it raises the potential flaws of our current financial system and limits of technology.
Vitalik Buterin Involved in New Documentary About Ethereum
“Ethereum: The Infinite Garden” is in the works as the first feature-length documentary about Ethereum. The film is raising 750 ETH to fund it and will feature the network's co-creator Vitalik Buterin. "The Hash" team discusses the film as an opportunity for Ethereum's story to gain wider public recognition. "You're going to see more of these Vitalik-in-public moments as Ethereum looks to kind of step into its mainstream moment," host Zack Seward said.
Compass Mining Inks Multi-Year Deal With Nuclear Fission Startup Oklo for Clean Energy
Compass Mining has signed a 20-year deal with nuclear fission firm Oklo to supply the bitcoin mining company with clean and cheap energy. “The Hash” panel discusses the novel twist on clean sources of power as the industry seeks solutions to its environmental challenges.
Why Is ShapeShift Shutting Down?
Crypto trading pioneer ShapeShift is closing its doors, handing over its legacy to a decentralized autonomous organization (DAO) controlled by holders of its FOX token. In the process, it will airdrop $98 million in crypto to decentralized finance (DeFi) investors.
Binance-Backed Travala’s Q2 Revenue Surges 141%
Binance-backed blockchain-based travel company Travala announced its Q2 revenue rose 141% over the past three months amid a rebound in global travel. “The Hash” hosts discuss Travala potentially driving crypto and blockchain tech mainstream as it gets traction in the travel industry.
European Central Bank Moves to Start Digital Euro Project
The European Central Bank (ECB) said Wednesday it would move from discussion to exploration in its plans to develop a eurozone central bank digital currency (CBDC). “The Hash” panel discusses the outlook for the digital euro, raising concerns over privacy and financial sovereignty.
Bitcoin Dips Below $32K as Bets for Fed Rate Hike Rise
Bitcoin's price dipped below $32K Wednesday amid increased bets the U.S. Federal Reserve will potentially raise interest rates earlier than expected. "The Hash" hosts discuss the future of bitcoin if it no longer behaves like the inflation hedge it is said to be. Plus, reactions to Fed Chair Jerome Powell's testimony on inflation and the state of the wider economy.
Polychain Leads $21M Round for Retail-Oriented Decentralized Exchange
Clipper, a new decentralized exchange (DEX) from crypto firm Shipyard that aims to attract retail traders with low trading fees, closed a $21 million funding round Tuesday led by digital asset investment fund Polychain Capital.