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Jack Dorsey Suggests Twitter Likely to Integrate Lightning Network
Twitter CEO Jack Dorsey said Thursday it is "only a matter of time" before the Bitcoin Lightning Network integrates with Twitter to accommodate BTC transactions. "The Hash" panel responds to the news.
Explosive Growth? El Salvador Explores Volcano-Powered Bitcoin Mining
Volcano-powered bitcoin mining goes from Twitter idea to official state policy in El Salvador, with President Nayib Bukele stating he would encourage volcano mining in the nation. He has instructed a state-owned geothermal electric company to make green energy available to do so. Is El Salvador becoming a bitcoin mecca? "The Hash" panel weighs in.
UK Financial Watchdog Warns ICO Crypto Is a Clone Company
Britain's financial regulator is warning users against clone company ICO Crypto, which has been identified as misusing details of a legitimate company, Swiss Re Capital Markets, to engage in phishing scams. "The Hash" panel takes a deep dive into the world of crypto scams.
You Can Buy More Things Than Ever With Crypto, but Should You?
"The Hash" team explores the pros and cons of using bitcoin as a form of payment.
Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow
Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.
Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack
JBS USA Holdings Inc., the largest meat producer globally by sales, was hit with a ransomware attack and revealed that it paid hackers $11 million in bitcoin to solve the issue. "The Hash" panel continues the ongoing conversation around the role of cryptocurrency in ransomware, and the actions regulators need to take to resolve such attacks.
Solana Labs Raises $314M in Token Sale Led by A16z, Polychain
Solana Labs has raised $314 million from top crypto venture firms, including Andreessen Horowitz and Polychain Capital. One of the most significant token sales in recent memory, it supercharges plans to build an expansive decentralized finance (DeFi) ecosystem on the Solana blockchain. Is Solana becoming a leading contender as the “ethereum killer?”
SEC’s Peirce Says Overzealous Regulation of Cryptocurrency in the US Could Hinder Innovation
SEC commissioner Hester Peirce warns regulators not to go overboard with crypto regulation, saying it could stifle innovation. “The Hash” team reacts.
Hundreds Arrested in FBI Global Sting Operation Via Encrypted App ‘Anom’
A major law enforcement operation has captured hundreds of crime rings and recovered millions in crypto. The operation involved the surveillance of 27 million messages via an encrypted messaging platform, “Anom.” “The Hash” panel discusses how law enforcement used the encrypted app and what it means for data privacy and security.
IRS Wants $32M in Funding to Enforce Crypto Taxation, Hire Contractors
The Internal Revenue Service has requested $32 million in funding to enforce crypto taxation and wants to hire specialized blockchain analytics contractors. This comes on the heels of a ProPublica report which revealed many of the wealthiest people in the world only paid little in income tax. "The Hash" panel digs into the world of tax and crypto.