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Latest from William Foxley
Crypto Markets Tumble, China’s Banks Ordered to Block Crypto Transactions, a Strike Against USDT and More
“The Hash” tackles today’s hot topics: Bitcoin drops below $30K then edges back up, the People’s Bank of China (PBOC) orders banks to block crypto transactions, author Nassim Taleb makes an about-face on bitcoin, Strike to phase out stablecoin USDT from bitcoin-based El Salvador remittances, Stronghold Digital Mining raises $105 million to turn waste coal into bitcoin, and NFTs lead to legal battles for Roc-A-Fella Records’ Dame Dash and Jay-Z.
Reports of More Forced Closures of Mining Operations in China, Michael Saylor Urges the Bitcoin Mining Council to Combat ‘Misinformation’
“The Hash” tackles today’s hot topics: China’s Sichuan province is reportedly ordering the state power grid to cut off 26 bitcoin mining farms; MicroStrategy CEO Michael Saylor’s concerns about bitcoin mining “misinformation,” Chicago’s ambition to be a cryptocurrency finance center, scammers are sending Ledger users fake hardware wallets, and CNN NFTs.
Who Is Supporting El Salvador in Its Adoption of Bitcoin as Legal Tender, DeFi Risks in Focus Following Titan Token Crash
“The Hash” tackles today’s hot topics: The World Bank denies El Salvador’s request for technical assistance on bitcoin. Crypto personalities Brock Pierce and Peter McCormack are among those offering El Salvador assistance. Mark Cuban says the Titan token crash hit him, TRM Labs raises $14 million as demand for crypto tracking grows, GOP House Campaign Arm to accept crypto, and McLaren Racing to build its NFT platform on the Tezos blockchain.
Shiba Inu, Other Tokens Soar Following Coinbase Pro Listing, Panama Considers Crypto Adoption and More
“The Hash” tackles today’s hot topics: Coinbase Pro sends Shiba Inu, other tokens soaring after adding them to the exchange, a Congressman seeks to make crypto legal tender in Panama, Travala launches Dtravel, a decentralized alternative to “Airbnb,” Wrapped BTC gaining adoption now holding more than 1% of bitcoin’s circulating supply, and Fox Entertainment reveals details of its non-fungible token (NFT) project, the first animated series curated on the blockchain.
Hedge Funds and Bigger Crypto Allocations, China Expanding Digital Yuan Tests and More
“The Hash” tackles today’s hot topics: Hedge fund giants Druckenmiller and Loeb back $70 million in funding for crypto asset manager Bitwise, why Paul Tudor Jones is excited about bitcoin as an investment, but Goldman Sachs is not, and China conducts more tests of the digital Yuan, this time for salary payments.
Is Musk Moving the Crypto Market a Sign of Its Immaturity? Does NY’s Failed Mining Bill Set a Precedent? Why Is Kim Kardashian Promoting an Obscure Coin?
“The Hash” tackles today’s hot topics: Elon Musk’s tweet moved the crypto markets again; how much should investors read into it? What regulators in Italy and Thailand are saying about crypto investments and why NY just defeated an environmental protection bill that would have clamped down on bitcoin mining. Also, Is Kim Kardashian’s new favorite coin, “Ethereum Max,” a scam?
Jack Dorsey Hints at Integrating Lightning Network Into Twitter; Binance Banking Setback and More
“The Hash” tackles today’s hot topics: Jack Dorsey dropping a strong suggestion that Twitter will accommodate bitcoin transactions via the Lightning Network, Silvergate Bank to discontinue Binance USD deposits and withdrawals, El Salvador’s bitcoin bill raising IMF concerns and the latest multi-million dollar NFT sale.
Meat Giant JBS Admits It Paid $11M in Ransom in Cyber Attack; El Salvador Explores Volcanic-Powered Bitcoin Mining and More
“The Hash” tackles today’s hot topics, quite literally, looking at volcano-powered bitcoin mining. This unusual idea is now state policy in El Salvador. Global banking regulations are also heating up for cryptocurrencies as more companies disclose bitcoin ransomware attacks. Plus, game company Dapper Labs unveils a new dollar-backed stablecoin. And, you can buy more things with crypto these days, but should you?
Official Approval Came Easily; Now the Hard Questions Follow: How Will El Salvador Adapt to Bitcoin as Money and How Will the World React?
“The Hash” tackles today’s hot topics: The implications and complications of El Salvador adopting bitcoin as legal tender, the IRS seeking funds to ramp up crypto taxation, the role of an encrypted messaging app in the enormous global crime sting called “Operation Trojan Shield,” and the SEC’s Hester Peirce warning regulators not to go overboard with crypto regulation.
Senators Grill Colonial Pipeline CEO on Ransomware Attack, Amazon Looking to Hire DeFi-Savvy Executive, El Salvador Bitcoin Update and More
“The Hash” panel tackles today’s hot topics: Is the Colonial Pipeline ransomware story the catalyst for the latest sell-off in the crypto markets? The company’s CEO, Joseph Blount, tells Congress why he authorized the bitcoin ransom payment. What El Salvador’s Commerce Secretary has to say about bitcoin and the U.S. dollar, and Amazon’s search for DeFi-savvy staff.