CFTC Chair Testifies Before Senate on FTX; Compass Mining's Bitcoin Miner Protection Plan
Rostin Behnam, chairman of the Commodity Futures Trading Commission, is calling for lawmakers to act quickly and create a crypto regulatory framework after FTX's collapse. Plus, Compass Mining is offering its first protection product so customers can safeguard their bitcoin mining machines. And, Bitcoin self-custody firm Casa is adding Ethereum support to its platform.
Rate Hikes Might Slow Beginning December, Says Fed Chair Powell; Casa to Add Ethereum Support
The U.S. Federal Reserve will likely raise interest rates by another 50 basis points in December, Fed Chair Jerome Powell implied Wednesday. Popular Bitcoin self-custody firm Casa is adding Ethereum support to its platform. Messaging app Telegram has sold $50 million in usernames in less than a month through its blockchain-based auction platform, Fragment.
Solana-Focused Crypto Wallet Phantom Taps Ethereum, Polygon
Phantom, the leading crypto wallet in the Solana ecosystem, said Tuesday it will add support for assets on the Ethereum and Polygon blockchains, with the rollout beginning in about three months, according to a representative. "The Hash" panel discusses what this means for Solana and mainstream crypto adoption.
SuperRare Exec on Launching RarePass for Curated Art Drops
SuperRare, an Ethereum-based, decentralized digital art marketplace, is launching the "Genesis" RarePass for exclusive airdrops of curated fine art. SuperRare Chief Operating Officer Kyle Olney shares insights into the launch, mainstreaming the art collecting experience and the future of the NFT industry.
SuperRare COO on NFT Volumes in Crypto Winter: Crypto Art Is Alive and Well
Ethereum-based art marketplace SuperRare launches a subscription-like art distribution service. Chief Operating Officer Kyle Olney discusses the state of crypto art amid low NFT volumes in crypto winter, saying "there is no pullback in the [art] market."
Scammers Took Advantage of the Ethereum Merge to Make Millions: Chainalysis
A report from crypto analytics research firm Chainalysis reveals bad actors took advantage of the Ethereum Merge to make millions. Chainalysis Cybercrimes Research Lead Eric Jardine shares insights into the key findings, breaking down the number of countries affected and tips for avoiding merge scams.
Chainalysis Exec on How Bad Actors Scammed $2M From Ethereum Merge
Chainalysis Cybercrimes Research Lead Eric Jardine discusses how bad actors were able to take advantage of the Ethereum merge and drain $2 million from the ecosystem in and around the merge date. It was a "classic scam setup," Jardine said. "A 'doubling your money for free' type approach."
What to Expect From Ethereum's Shanghai Upgrade
The Ethereum network's next big upgrade "Shanghai" will make it possible to withdraw staked ETH, tying up loose ends from the historic "Merge" update. "The Hash" panel discusses the promised features of Shanghai and outlook for the Ethereum ecosystem.
Elon Musk Wants to Charge Twitter Users $8 a Month for Verification
Elon Musk wants Twitter users to pay a monthly fee to keep their blue verified checkmark. The billionaire tweeted in part, "Power to the people! Blue for $8/month." "The Hash" hosts discuss how Ethereum co-founder Vitalik Buterin and Binance's CZ are responding to the planned changes and the role crypto could play in Twitter's future.