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Latest from Zack Seward
Mt. Gox Payout Update; NFT Marketplace Blur Ramps Up Royalty Battle With OpenSea
"The Hash" team discusses the biggest headlines of the day, including the two biggest creditors of Mt. Gox, the crypto exchange that failed due to a hack nine years ago, electing to get their bankruptcy recovery paid out mostly in bitcoin (BTC), according to CoinDesk sources. Plus, the battle between zero-fee non-fungible token (NFT) marketplace Blur and leading competitor OpenSea has intensified as both platforms vie for market share among NFT creators.
Interactive Brokers Offers BTC, ETH Trading for Professional Traders in Hong Kong; El Salvador's Bitcoin Embassy
The hosts of "The Hash" weigh in as Interactive Brokers (IBKR) begins offerings cryptocurrency trading to professional investors in Hong Kong. The region's Securities and Futures Commission (SFC) will reportedly allow retail trading in a select group of cryptocurrencies. El Salvador is discussing opening a "bitcoin embassy" in Texas. Warner Music Group's former CEO, Stephen Cooper, is joining the board of directors at Web3 firm OneOf. Plus, an update on The U.S. Securities and Exchange Commission's (SEC) proposed rule that would effectively require registered investment advisers to go outside the crypto industry to store digital assets.
Binance's CZ Distances Himself from BUSD Stablecoin; SEC's Latest Crypto Scrutiny
"The Hash" squad weighs in on today's top stories, including Binance’s Chief Executive Officer Changpeng “CZ” Zhao distancing himself from the Binance-branded stablecoin BUSD after regulatory action caused minting to cease. Plus, Bloomberg reports the U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms.
DigiDaigaku NFTs' Price Rises After Super Bowl Ad; Bakkt to Discontinue Consumer App
"The Hash" panel weighs in as the price of DigiDagaku's NFT project is rising on the secondary market after it aired an expensive commercial during the Super Bowl last night; Bankrupt Genesis Global Holdco unveiled the final details of a proposed plan to sell itself off alongside Genesis Global Trading to help parent Digital Currency Group pay off some of the firm's creditors. DCG is also the parent company of CoinDesk. Plus, Digital asset platform Bakkt (BKKT) will discontinue its two-year-old consumer-facing app as its focus shifts toward business-to-business (B2B) tech services.