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3AC Foreclosure Concerns Grow; Fed Boost Short Lived

BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1. Hong Kong Monetary Authority joins with Bank of Israel to investigate CBDC cybersecurity. China media watchdog: NFTs are digital publications and need to be censored. Should NFT collectors be buying insurance? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Tether Denies Asian Commercial Paper Backing Claims, Exposure to Three Arrows Capital

Tether, the firm behind the crypto market’s largest stablecoin USDT, is denying claims that its commercial paper portfolio is 85% backed by Chinese or Asian commercial paper. “The Hash” discusses the latest developments, along with a vague tweet from the founder of Three Arrows Capital.

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Binance’s CZ on Crypto in China

Changpeng “CZ” Zhao, founder and CEO of the world’s largest crypto exchange Binance, discusses the state of crypto in China after its crackdown on digital assets, and why the ban won’t be lifted any time soon. Plus, advice for navigating crypto winter.

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Bitcoin Falls Below $30K as Bullish Momentum Wanes

Bitcoin tumbles back below $30,000 amid liquidity pressure. TradeStation Group VP of Market Intelligence David Russel discusses his crypto markets analysis and outlook. Plus, his take on S&P 500, Chinese stocks, their impact on the global crypto markets and the rising recession risks.

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Foundry Exec on Crypto Mining Industry Outlook

Foundry SVP of Mining Strategy Kevin Zhang shares insights into the state of bitcoin mining operations in New York, China, and Kazakhstan, and their impact on the global mining industry.

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StepN Co-Founder Addresses Concerns Over Hit 'Move-to-Earn' NFT Game

StepN Co-Founder Yawn Rong shares insights into the pitch and concept for Stepn, the new Solana-based move-to-earn game that lets users buy and trade NFT sneakers, and rewards them for walking or running in the real world. Plus, addressing concerns the game is a "ponzi scheme" and its plans to effectively ban gameplay in China this July.

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Terra 2.0 Delayed; India’s Non Fungible League

“Move-to-earn” app StepN to limit service in China. Can Terra 2.0 win back the trust of investors? Philippines eyes taxing crypto by 2024. Comic Con India to launch Non Fungible Man NFT hero. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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E-CNY Use Widens in Chinese Schools; Terra Faces Audit

Hydropower plant in China’s Hubei province fined for powering crypto mining. China expands use of digital yuan on school campuses. South Korean regulator to audit Terra and related financial businesses. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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The State of Crypto Mining in China, Europe and Texas

Quantum Economics Bitcoin Analyst Jason Deane discusses the state of cryptocurrency mining in China following Cambridge University’s report about the industry going underground within the country. Plus, a conversation on crypto regulation in the European Union and why Deane believes Texas is becoming the “mining capital of the world.”

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Do Kwon’s Taxing Questions; China’s Underground Mining

Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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