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Ransomware Group REvil Demands $70M in Bitcoin From 200 US Firms

Russian-based ransomware hacking group REvil is demanding $70 million in bitcoin from at least 200 U.S. companies, and President Biden says he's ordering a full investigation on the attack. Esteban Castaño, CEO of crypto-tracking software firm TRM Labs, discusses crypto's role in these ransomware attacks and how TRM Labs can help prevent crypto fraud and financial crimes.

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Barclays Blocks Payments to Binance in UK

U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Authority (FCA)’s announcement that Binance cannot conduct regulated activities in the country.

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How Bitcoin’s Hashrates Affect Its Price

Crypto miners in China are migrating elsewhere in response to the country’s continued crackdowns. ​CrossTower Research Analyst Martin Gaspar discusses the impact of bitcoin’s hashrate on its price and why this matters. “Bitcoin’s price and hashrate have been very correlated over time… so they tend to move with each other,” Gaspar said.

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Bitcoin Under Pressure?

Bitcoin is trading under pressure as currency markets price in prospects of an upbeat U.S. nonfarm payrolls release, which could amplify concerns of an early unwinding of stimulus by the Federal Reserve. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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What’s Next After Bitcoin Hit With Worst Q2 Price Drop?

Bitcoin registers its worst second-quarter performance since 2018 and remains rangebound heading into the weekend. CoinDesk’s Christie Harkin and Brad Keoun discuss the week’s top stories moving the crypto markets: the reported death of billionaire bitcoin advocate Mircea Popescu and NYDIG bringing crypto purchases to 650 banks with NCR.

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Are Greater Rewards Going to Bitcoin Miners Outside of China?

CoinDesk Managing Tech Editor Christie Harkin and "First Mover" Editor Brad Keoun joins "All About Bitcoin" host Christine Lee for a global outlook on next week's crypto markets activity and whether the worst is China crackdowns are behind us.

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Robinhood Going Public; What S-1 Filing Reveals

Robinhood has filed a preliminary prospectus with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). "The Hash" panel looks at what its S-1 filing revealed about the fintech firm.

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Strike: No Fee Bitcoin Trading Coming to the US

Jack Mallers' payments company Strike is letting its U.S. customers buy and sell bitcoin for almost zero transaction fees, going head-to-head with Coinbase, Square's Cash App, and PayPal. As Strike sets forth to be the cheapest and easiest platform to purchase BTC, "The Hash" panel discusses the fierce race to no-fee bitcoin trading.

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Global Regulatory Warnings Against Binance Persist

Thailand’s financial regulator has filed a criminal complaint against Binance, alleging that the crypto exchange unlawfully operates a digital asset business without a license.

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Charlie Munger: America Can Learn From Communist China

"The Hash" team reacts to Berkshire Hathaway's Charlie Munger suggesting America can learn from Communist China regarding financial regulation. The hosts voice their skepticism towards Munger's "hypocritical" and "ridiculous" statement.

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