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CoinFund’s David Pakman on DeFi, NFTs, Crypto Regulation

As China moves to crack down on crypto, particularly trading with centralized exchanges, DeFi is seeing a rise. David Pakman, a managing partner at crypto VC firm CoinFund and former partner at Venrock, discusses what long-term investment opportunities he’s seeing in DeFi and NFTs, also sharing his views on crypto regulation.

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What China’s Crypto Crackdown Means

Industry takes China’s crypto ban seriously. Markets unfazed by China ban. Exchanges look for regulatory havens. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Bobby Lee on China's Crypto Ban: 'Cryptocurrency Will Never Get Squashed,' Predicts Bitcoin Goes Up to $100-$200K by Year-End

Reacting to China's latest cryptocurrency crackdown outlawing crypto-related transactions as the country's most comprehensive and severe ban yet, Ballet CEO and former BTCC co-founder Bobby Lee discusses why bitcoin will always be around and thrive. "As a planet, cryptocurrency will never get squashed," he said. Lee also shared his take on the future of OTC trading in China as prominent crypto exchange Huobi Global announced it would stop serving existing China-based users by December 31. Plus, bitcoin's price prediction by the end of the year.

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El Salvador's Bitcoin Experiment and Expansion into Blockchain Innovation

As El Salvador continues to experiment with bitcoin and blockchain technology, the government has chosen asset tokenization company Koibanx to develop the country's blockchain infrastructure. Koinbanx CEO Leo Elduayen discusses the products they're building for El Salvador on the Algorand protocol. Fabrício Tota, director of Brazil-based crypto exchange Mercado Bitcoin, also shares his views on the impact of El Salvador's Bitcoin Law on the state of crypto in Latin America.

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The Domino Effect of El Savador’s Bitcoin and Blockchain Adoption on Latin America

Koinbanx CEO Leo Elduayen and Mercado Bitcoin Director Fabrício Tota join “Community Crypto” to discuss El Salvador’s bitcoin law and blockchain projects and their impact on adoption elsewhere, particularly in Latin America. “What El Salvador is doing is an example for the rest of the countries,” Elduayen said.

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Bitcoin Trending Lower in Lieu of China’s Crypto Crackdown

Bitcoin registered a series of lower price highs Friday, at one point shaving off $4,000 and meeting resistance at $41,000 following China’s renewed anti-crypto stance. The People’s Bank of China said bitcoin, ether and stablecoin tether do not qualify as legal tender and cannot be used in the currency market.

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Crypto Markets Jolted by China Central Bank’s Crypto Ban

The crypto markets continue to slide following China's declaration of cryptocurrency-related businesses as illegal. CoinDesk's Christie Harkin and Brad Keoun discuss the potential market impact China could have in the short-term, expanding on why this latest crypto ban could be its most severe to date. Plus, their takes on Tuesday's Evergrande scare, JPMorgan's CME trading analysis, takeaways from the Mainnet conference, and Twitter's crypto developments.

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What's Next for Crypto Markets Following China's Crypto Crackdown

CoinDesk Tech Managing Editor Christie Harkin discusses where the crypto markets could be headed next week as China tightens its crypto mining crackdowns and bans trading. Plus, CoinDesk's Markets Managing Editor Brad Keoun discusses his markets outlook since Federal Reserve Chair Jerome Powell signaled tapering could happen at the Fed's next meeting in November.

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Andre Cronje Launches New NFT Marketplace 'Artion'

After weeks of teasing the release on Twitter, Yearn Finance's Andre Cronje has launched Artion, an NFT marketplace on the Fantom blockchain designed to serve as the groundwork for a vampire attack that could be an open-source competitor to NFT giant OpenSea. "The Hash" squad discusses what it potentially reveals about the larger move to decentralize the NFT marketplace ecosystem.

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Time’s NFT Launch Sends Gas Fees Spiraling

Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.

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