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Former Terra-Linked Project Kujira to Launch Stablecoin
Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.
Vitalik Buterin Addresses Use Case for Tornado Cash
A day after the U.S. Treasury Department banned crypto mixer Tornado Cash, Ethereum co-founder Vitalik Buterin tweeted that he used the service to make a donation to support Ukraine. "The Hash" panel discusses the latest Tornado Cash developments and growing concerns over privacy.
US Tornado Cash Ban Will Put Great Dent Into North Korean Operations: Expert
The U.S. Treasury department has banned crypto mixer Tornado Cash, claiming it has ties to a hacking organization associated with the North Korean government.
Digital Dollar Push; Tornado Cash Blacklisted
U.S. lawmakers aim to push Fed on digital dollar. Circle freezes smart contract addresses linked to blacklisted Tornado Cash. Hodlnaut freezes withdrawals, swaps and deposits. Zipmex to release specific amounts of bitcoin and ether. Extraordinary Agent Woo production company teams up with Polygon to build NFT community.
MyEtherWallet Exec on Ethereum Merge
MyEtherWallet COO Brian Norton discusses the impact of the upcoming Ethereum merge on ether’s (ETH) rally as the cryptocurrency touches a two-month high above $1,800 early Tuesday. Plus, reactions to Tron founder Justin Sun saying he thinks the proof-of-work way of operating is an “essential” component of Ethereum.
US Crypto Privacy Clash Escalates After Tornado Cash Ban
The clash between crypto’s privacy ethos and conventional banking regulations continues to escalate on the heels of the U.S. Treasury Department banning all Americans from using decentralized crypto-mixing service Tornado Cash. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the key takeaways and regulatory implications.
Novogratz's Galaxy Digital Reports Nearly $555M in Q2 Net Losses
Michael Novogratz's crypto-focused financial services firm Galaxy Digital reported a second-quarter net loss of $554.7 million, more than triple the loss from the same period last year. BTIG Managing Director and Head of Digital Assets Research Mark Palmer discusses the earnings report and its key takeaways.
Bitcoin Briefly Passes $24K for First Time in August
Bitcoin briefly broke the $24,000 mark on Monday after a positive weekend of trading. The uptick in BTC's price was not accompanied by strong volume as has often been the case in previous rallies. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury
The Treasury Department has banned all Americans from using decentralized crypto-mixing service Tornado Cash. TRM Labs analysis shows North Korean cybercriminals used the service to launder funds in all 10 of their most recent heists, including the $620 million Ronin Bridge hack. TRM Labs Head of Legal and Government Affairs Ari Redbord explains why this is a "watershed moment" for crypto.
Novogratz’s Galaxy Digital Reports $554.7M Net Loss in Q2
Galaxy Digital reported a second-quarter net loss of $554.7 million, which was more than triple the loss from the same period last year. The firm said that the larger loss mainly stemmed from the market downturn and investments in Galaxy’s trading business. “The Hash” panel discusses the turbulent market and an outlook into Galaxy’s future.