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President of El Salvador Says He’s Submitting Bill to Make Bitcoin Legal Tender
Milestone in monetary history? El Salvador is looking to be the world’s first sovereign nation to adopt bitcoin as legal tender, says El Salvador President Nayib Bukele. “The Hash” team unpacks Bukele’s announcement, raising questions of whether or not bitcoin can be a valuable financial tool under authoritarian regimes.
The Pandemic Is Ending, People Are Spending: Here’s What It Means for Crypto
Several recent reports have highlighted the trend of “revenge spending” as the coronavirus pandemic comes to an end. “The Hash” panel discusses the economic implications of a boom in spending and how it will impact the crypto markets.
The Supreme Court Is Redefining What ‘Authorized Access’ Means in Computer Fraud Cases
The U.S. Supreme Court overturned the precedent set by Van Buren v. United States, which created a notoriously ambiguous definition for “exceeds authorized access,” language in a law that allows the government to prosecute computer crime.
Is Elon Musk Breaking Up With Bitcoin?
Bitcoin’s price fell after Elon Musk tweeted a breakup meme, adding a broken heart emoji and #Bitcoin, leading Crypto Twitter to speculate on what the Tesla CEO’s cryptic tweet means. “The Hash” panel debates whether Musk is breaking up with bitcoin, and the dangers of having self-appointed leaders in the leaderless and decentralized crypto space.
Grand Theft Auto 6 Is Rumored to Feature In-Game Crypto
According to tweets from a prominent leaker, the new Grand Theft Auto will feature an in-game cryptocurrency. While the rumors have not been confirmed, the inclusion of crypto in one of the biggest game franchises in history would represent a mainstream acceptance of cryptocurrencies. "The Hash" panel weighs in.
Coinbase Retail Customers Can Now Buy Dogecoin
Coinbase will begin allowing retail users to purchase dogecoin, and is kicking off a $1.2M giveaway to promote the memecoin's availability. "The Hash" panel discusses the role of joke coins in the crypto space and whether it is responsible for platforms like Coinbase to promote them.
Crypto-Rich Millennials Report Being Anxious and Stressed
A recent Wall Street Journal article profiled several millennials who’ve recently become wealthy from crypto and market investments. These young investors reported being anxious and stressed over concerns about preserving their money. “The Hash” panel discusses the lack of upward mobility, the financial pitfalls faced by the millennial generation and how this intersects with crypto.
Apple Co-Founder Loses Bitcoin Scam Ads Lawsuit Against YouTube
Steve Wozniak, co-founder of Apple, recently lost his case against YouTube involving ads for a crypto scam that used his name and image without permission. Similar scam ads using photos of Elon Musk, Bill Gates and others run on YouTube – and the platform will not be held responsible. "The Hash" panel discusses the Section 230 law, the nature of crypto scams and the "whack-a-mole" approach that platforms take to fighting them.
Cybersecurity Firm NortonLifeLock Will Now Allow Customers to Mine Crypto
NortonLifeLock announced it will allow customers to mine ether. The new feature, called Norton Crypto, is currently only available to some Norton 360 customers, but the company hopes to roll out the feature to all of its customers eventually. "The Hash" panel discusses what Norton's move means for the normalization of crypto and crypto mining.
Russian Political Activists Are Encouraging Crypto Donations, Education
Russian political activists aligned with Alexei Navalny are asking supporters to make donations using crypto to avoid financial surveillance. The activists are also encouraging their supporters to learn about crypto and are offering educational materials. "The Hash" panel discusses the situation in Russia and the use case of crypto as a censorship-resistant form of money.