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NFT Platforms Continue to Attract Venture Capital Money
Investor money continues to pour into the NFT sphere. Jay-Z is among the backers of a $19 million funding round for Bitski, and the team behind the infamous Banksy burning NFT has raised $3 million to build a new NFT platform on the Solana blockchain. “The Hash” panel unpacks these latest developments.
Revolut’s UK Users Will Finally Be Able to Withdraw Bitcoin
Revolut has come under fire in the past for not allowing users to withdraw their crypto from the platform and deposit it in their personal wallets, but a new beta program in the U.K. will allow some users to do just that. “The Hash” panel discusses if other platforms will follow.
Here's Why Coinbase Ditched Its San Francisco HQ
In another sign of the increasing decentralization of work, Coinbase has announced that it is giving up its former headquarters in San Francisco and will remain full remote. "The Hash" panel discusses the impact of Coinbase going virtual on the idea of "internet money, internet workforce."
ING Report: DeFi Is More Disruptive to Banks than Bitcoin
A report published by Netherlands-based ING Bank concludes that decentralized finance (DeFi) is potentially more disruptive to the traditional banking sector than bitcoin. ING used DeFi platform Aave as a case study for its report. "The Hash" panel breaks down the contents of the report and discusses the role of institutions as "lego builders" in the DeFi sector.
Kraken Ordered to Provide IRS User Info for Transactions Over $20K
A U.S. court has ruled that Kraken must comply with a “John Doe” summons that allows the IRS to track down users who transacted more than $20K in crypto on the exchange between 2016 and 2020. “The Hash” panel discusses privacy and government crypto surveillance.
Yellen Tones Down Rate Hike Comments; Hints at US Crypto Regulatory Framework Need
During a Wall Street Journal event Tuesday, U.S. Treasury Secretary Janet Yellen clarified her previous comments on inflation, saying she’s “not predicting or recommending” rate hikes. BTC has bounced back nearly 7% in the past 24 hours.
$700M Forbes Bidder Plans Crypto Future for Storied Media Brand
Forbes has been offered $700 million to be acquired by Patrick McConlogue’s Borderless Services, a blockchain holding group. “The Hash” panel tackles the intersection and future of media and blockchain technology.
Bitcoin Coming to 300M Checking Accounts This Year
Digital asset firm NYDIG is partnering with FIS to enable hundreds of U.S. banks to offer customers the ability to buy, sell and hold bitcoin. Will this move finally bring bitcoin to the masses? “The Hash” panel’s Will Foxley calls it “some of the biggest news of the year.”
Crypto M&A Is Booming: What Happens Next?
Crypto mergers and acquisitions (M&A) are booming with the latest news from Galaxy Digital to buy BitGo for $1.2 billion and Blockchain.com to acquire artificial intelligence firm AiX to expand institutional offerings. “The Hash” panel discusses the rise in crypto M&A and where we go from here.
NY Giants Ink Sponsorship Deal With Grayscale in NFL First
The New York Giants have signed a sponsorship deal with digital asset manager Grayscale Investments, making Grayscale the first cryptocurrency partner of a major NFL team. “The Hash” panel explores the rising impact of crypto on the traditional sports industry and the way ahead.