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The First ‘Move-to-Earn’ NFT Game Raises $8.3M
Genopets, a Solana-based NFT “move-to-earn” game where players are rewarded for the steps they take in real life, combining free-to-play and play-to-earn style gameplay, has raised $8.3 million in a seed funding round led by Konvoy Ventures and Pantera Capital. "The Hash" squad discusses the latest development in the world of crypto gaming signaling mainstream blockchain awareness and disruption of traditional gaming.
ProShares Launching Bitcoin Futures ETF on NYSE Tuesday
"The Hash" team reacts to ProShares' bitcoin futures ETF beginning trading on the New York Stock Exchange (NYSE) Tuesday, following the SEC's approval of a bitcoin futures ETFs Friday. What does this mean for the crypto industry and for the prospective investors getting access to the price movements of bitcoin?
New York Attorney General Directs Two Crypto Lending Platforms to Cease Activities
New York Attorney General (NYAG) Letitia James has ordered two crypto lending platforms to cease their activities, which were determined to be unregistered and unlawful. Three further platforms were asked to provide information about their activities and products.
Facebook Wants to Hire Up to 10K People in EU to Build 'Metaverse'
Facebook is looking to hire 10,000 people in Europe to build out a metaverse program, catered for everyone. "The Hash" hosts discuss the implications for Facebook getting into the metaverse, an area growing in interest from VCs, and what it could mean for Europe's tech industry during a time of increased scrutiny of the company by EU and U.K. regulators.
Jack Dorsey: Square Considering Building a Bitcoin Mining System Soon
Ben Gagnon, chief mining officer at Toronto-based bitcoin miner Bitfarms, discusses the reactions and industry implications for Jack Dorsey's Square considering building a bitcoin mining system soon. Plus, insights into Bitfarms's growth strategy amid rising crypto mining expansion in the U.S. following China's mining ban.
CME Sees Record Open Interest in Bitcoin Futures Ahead of ETF Debut
The amount of money locked in the bitcoin futures contracts on the Chicago Mercantile Exchange (CME) surged to record highs on Friday as the U.S. Securities and Exchange Commission (SEC) greenlighted futures-based exchange-traded funds (ETF) tied to bitcoin. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims
The Commodity Futures Trading Commission (CFTC) fined Bitfinex and Tether more than $42 million on allegations the USDT stablecoin was not fully backed at all times and Bitfinex violated a previous agency order. "The Hash" hosts discuss the charges and the outlook for stablecoin regulation.
FinCEN: Ransomware Payments in 2021 Already Dwarf Last Year’s Total
The Financial Crimes Enforcement Network (FinCEN), the U.S. government’s financial crimes watchdog, said payments tied to ransomware attacks in 2021 are already exceeding 2020′s total, with more than $590 million in the first half of this year outstripping a 2020 total of $416 million. "The Hash" team discusses the latest development in the bitcoin narrative about criminal activity in crypto.
Why Shiba Inu Has Been More Resilient Than Some SHIB Haters Would Like to Admit
While institutional investors have largely ignored dogecoin killer shiba inu (SHIB), the meme-token is rising thanks to its SHIB Army grassroots community. “The Hash” squad discusses the SHIB phenomenon and why this is a continuing story to watch.