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BitGo Now Has $64B in Assets Under Custody, CEO Attributes Growth to Institutional Interest
BitGo, the cryptocurrency custody provider being acquired by Galaxy Digital, has seen its assets under custody (AUC) swell to over $64 billion due to rising institutional interest in the space. BitGo CEO Mike Belshe discusses the firm’s growth, plans, and institutional activity.
What Will a Metaverse Embassy for Barbados Look Like?
The island nation of Barbados is preparing to legally declare digital real estate sovereign land by establishing a metaverse embassy. Barbados Ambassador to the United Arab Emirates Gabriel Abed shares insights into the initiative. What does it mean to have an embassy in the metaverse? How will Barbadians use it and benefit from it?
Is Bitcoin's Taproot Upgrade Already Priced In?
Jason Deane, a Bitcoin analyst at Quantum Economics, discusses his views on the impact of Taproot on bitcoin's price as the technical upgrade went into effect Sunday. "There are a lot of people forecasting 6 figures," Deane said. "I think it's possible."
Canadian Miner Hut 8 Revenue Surged Over 700% in Q3
Canadian cryptocurrency miner Hut 8's third-quarter revenue was $40 million, rising about 767% from last year and beating the average analyst estimate of $34.8 million. Hut 8 Mining Chief Financial Officer Shane Downey shares insights into the firm's growth and plans. Plus, his take on the impact of Bitcoin's Taproot upgrade and China's crypto crackdown on Hut 8's business operations.
DEX Aggregator ParaSwap Launches PSP Token Following ENS Airdrop Excitement
On the heels of the ENS token distribution, exchange aggregator ParaSwap has launched its PSP governance token. PSP enables users to stake in liquidity pools in exchange for platform rewards and participate in its newly formed decentralized autonomous organization (DAO) governance. “The Hash” squad discusses the latest continuation of Airdrop season in DeFi land.
Crypto Venture Firm Paradigm Announces $2.5B Fund, Industry’s Largest
“The Hash” panel discusses the latest in the world of crypto venture capital (VC) as Paradigm, the venture firm launched by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, now has $2.5 billion for investing in the next generation of leading crypto projects.
Barbados to Become First Sovereign Nation With an Embassy in the Metaverse
The Barbadian Ministry of Foreign Affairs and Foreign Trade has signed an agreement with the popular crypto-powered digital world Decentraland to establish a digital embassy. “The Hash” hosts discuss Barbados working to develop digital sovereign land in what could be seen as a historic step toward the legitimization of the metaverse.
What to Know About Taproot, Bitcoin's Long-Anticipated Upgrade That Just Activated
The Bitcoin Taproot upgrade, which aims to improve privacy and efficiency on the blockchain network, went live Sunday. "The Hash" team discusses the significance of Bitcoin's most significant network upgrade in four years and what it means for the bitcoin community.
Titan Investment: 'Bitcoin's $60K-$100K Run Will Be Moved by Retail'
Following the activation of Bitcoin's long-awaited Taproot upgrade, Gritt Trakulhoon, an analyst at Titan, discusses his bitcoin analysis and outlook. "Right now, you can see that the run from $30K to $60K for bitcoin was .. moved by institutions," Trakulhoon said. "I believe $60K to $100K will be moved by retail."
Taproot Goes Live, Hong Kong Crypto Kidnap
Chinese official expelled over crypto mining. Bitcoin's Taproot upgrade goes live. Hong Kong police make arrests after crypto kidnapping. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."