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Strike Offers 'No Fee' Bitcoin Buys, Goes Head-to-Head With Coinbase

CoinDesk's Nikhilesh De explains what it means for the regulators as Jack Mallers' payments platform Strike is now competing against Coinbase to offer U.S. customers to buy and sell bitcoin with almost no trading fees.

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WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO

Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Bitcoin Mining Council Says Sustainable Power Mix on the Rise

According to a new survey by the Bitcoin Mining Council, bitcoin mining has increased to 56% sustainable energy consumption in the second quarter of this year. Councilmember Jaime Leverton of crypto mining firm Hut 8 digs into the data on sustainable mining, discussing bitcoin's heated energy debate. Leverton also addresses concerns that Hut 8 is a "dirty miner," affirming Hut 8 is "looking at programs to involve carbon offsets, and build out a framework... to become more sustainable over time."

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Bitcoin Gaining Traction Amid ESG Concerns in Crypto Investment

Bitcoin’s environmental concerns could slow big investors’ push into the cryptocurrency, but the outlook for bitcoin is still incredibly positive, Arca CEO Rayne Steinberg suggests. "Further institutional adoption... are continuing the pace," Steinberg added. Plus, the impact of China's continued crypto crackdowns on mining and the wider crypto community.

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Ohio Congressman: Bitcoin Poses No Threat to US Dollar

Rep. Warren Davidson, Ohio Congressman and House Financial Technology Task Force Ranking Member, discusses the contentious crypto conversations in Congress: Bill Foster proposing cryptographic backdoors to reverse crypto transactions. "Foster's clearly on one side, and I'm on the other," Davidson said. He also explains how closely lawmakers are focusing on the role of stablecoins on exchanges, suggesting tether (USDT) should be regulated as a security measure. Plus, reactions on the rise of central bank digital currencies (CBDCs) around the world.

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Bitcoin: Seven-Day Moving Average of Active Addresses at Lowest Level Since April

As cryptocurrency markets struggle to gain traction, new data reveals a declining number of bitcoin active addresses. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Where Will the Miners Go Following China’s Renewed Crypto Crackdown?

The calendar may provide a clue to China’s recent crypto crackdowns, with some saying it is at least plausible the Chinese authorities would send a strong warning to the crypto industry in the weeks leading up to July 1, the 100th anniversary of the Chinese Communist Party.

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Decentralized Investing Platform Syndicate Could Make DAOs the Next New Thing

Decentralized investing platform Syndicate has raised $800K from some 100 investors, including Circle's Jeremy Allaire and CoinShares' Meltem Demirors. The platform aims to democratize investing by making it easier to spin up decentralized autonomous organizations (DAOs). What exactly are DAOs and could Syndicate make them the next new trend in crypto?

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Robinhood Slapped With $70M Fine

The Financial Industry Regulatory Authority (FINRA) said on Wednesday it is fining Robinhood nearly $70 million to settle allegations, claiming the investing platform neglected its duty to supervise trades, maintain its technology and protect customers. "The Hash" hosts unpack FINRA's largest fine in history, and what it means for Robinhood and its users.

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Brazil’s Mercado Bitcoin Exchange Raises $200M From SoftBank

Mercado Bitcoin, Brazil's largest exchange and one of the largest in Latin America, has raised $200 million in series B funding from the SoftBank Latin America Fund. "The Hash" panel discusses the booming interest for cryptocurrencies in Latin America and the implications for global crypto markets.

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