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Crypto VC Electric Capital Taps Former SEC Chair Jay Clayton as Advisor: Report
Electric Capital, a crypto-focused venture capital firm that raised $1 billion for two new funds earlier this year, has named former Securities and Exchange Commission (SEC) Chairman Jay Clayton as an advisor, according to Bloomberg. "The Hash" hosts discuss the news as it appears the trend of regulatory experts sliding over to jobs in the crypto industry continues.
YouTuber BitBoy Crypto Sues Atozy for Defamation
YouTuber Ben Armstrong, known as BitBoy Crypto, filed a lawsuit against fellow YouTuber Erling Mengshoel, Jr., who uses the alias Atozy. In the suit filed Aug. 12, Armstrong cites Mengshoel’s Nov. 8, 2021, video “This Youtuber Scams His Fans …
Samsung Securities, Others Eye Launching Crypto Exchanges in 2023: Report
Seven large traditional brokerages in South Korea, including Samsung Securities, have started laying the groundwork to launch their own crypto exchanges in the first half of next year, according to Korean outlet NewsPim. “The Hash” panel discusses what this means for South Korean crypto adoption and regulation.
Coinbase Allegedly Failed to Secure User Accounts, Faces Class Action Lawsuit
Coinbase is facing a class action lawsuit after the crypto exchange allegedly failed to properly secure customers’ accounts, leaving it vulnerable to theft and unauthorized transfers. “The Hash” panel breaks down the lawsuit and outlook on investor protection in the crypto sector.
Tom Brady's Autograph Launches New NFT 'Signature Experiences’ for Fans
NFT platform Autograph, co-founded by legendary quarterback Tom Brady, is launching a new "Signature Experiences" product that grants fans access to exclusive events and merchandise. "The Hash" panel discusses what this means for the future of fan experiences.
Mark Cuban Calls Out SEC Chair Gensler Over Crypto Regulation Comments
In a recent Wall Street Journal op-ed, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler stated in part that "there’s no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology." "The Hash" panel discusses Gensler's stance and why billionaire Mark Cuban is calling him out on Twitter.
Bored Ape NFTs Nearing Mass Liquidations on BendDAO
Dozens of Bored Ape Yacht Club non-fungible tokens (NFT) used as collateral for loans on NFT lending platform BendDAO sit perilously close to being forcibly sold, and there's worry that could trigger even more liquidations. "The Hash" panel discusses the outlook for Bored Apes and NFT lending at large amid a cooling digital collectibles market.
Uniswap Blocks 253 Crypto Addresses Related to DeFi Crimes
Decentralized exchange (DEX) Uniswap has blocked 253 crypto addresses possibly linked to sanctioned crypto mixer Tornado Cash or to stolen funds. “The Hash” hosts discuss what this suggests about the state of DeFi as the crackdown on Tornado Cash continues.
Protest Against Tornado Cash Developer’s Arrest
More than 50 people gathered in Amsterdam’s Dam Square Saturday to protest the arrest of blockchain developer Alexey Pertsev. He was arrested Aug. 10 on suspicion of involvement in the Tornado Cash protocol that was sanctioned earlier this month by U.S. authorities.
Crypto Exchange FTX Saw $1 Billion in Revenue Last Year: Report
Sam Bankman-Fried’s crypto exchange FTX posted $1.02 billion in revenue last year, jumping 1,000% from $89 million in the prior year, CNBC reported, citing internal documents it had viewed. FTX CEO Sam Bankman-Fried later tweeted that the numbers were “correct ballpark.” “The Hash” panel discusses the evolution of FTX’s brand and its hiring strategy.