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Over $13 million in NFTs was stolen after Bored Ape Yacht Club’s Discord server and Instagram account were hacked, and followers recieved an unofficial “mint” link. “The Hash” group discusses BAYC’s history of phishing attacks and how regulators might react as investors undeservingly lose valuable assets. 

25 apr 2022

Binance denies report on sharing client data with Russia. China pushes ahead with plans to showcase the e-CNY at September’s Asian Games. CBDCs and what they mean for the future of stablecoins. Investors double down on CoinDCX despite difficulties in India.

25 apr 2022

CoinDesk Managing Editor for Markets Brad Keoun discusses bitcoin’s reaction to recent statements by Fed Chair Jerome Powell about a possible interest rate hike by 50 basis points. Plus, crypto’s environmental impact as Earth Day raises ESG concerns, Justin Sun’s USDD stablecoin project and the best times of day to trade crypto. 

22 apr 2022

CoinDesk Reporter Krisztian Sandor discusses the Luna Foundation Guard’s bitcoin reserves for the UST stablecoin, noting the nonprofit organization as the “most followed whale,” holding almost as much BTC as Tesla. Sandor explains LFG’s role in the Terra blockchain ecosystem, algorithmic stablecoins, and the possible risks of UST.

22 apr 2022

Ukraine’s central bank has banned the purchase of cryptocurrency in the local currency hryvnia, but allowing crypto purchases using foreign currency up to a value of 100,000 Ukrainian hryvnia ($3,400) per month. “The Hash” group discusses the ongoing involvement of crypto in Ukraine’s efforts to maintain stability amid Russia’s invasion.

22 apr 2022

Payment processor Stripe is tapping Polygon to enable their customers to make payments using USDC stablecoin. “The Hash” group discusses Twitter’s role as the first company to test this feature, Stripe’s involvement in the crypto space and the broader use cases of stablecoins for payments.

22 apr 2022

Michael Levy, one of the first large investors in the NBA Top Shot NFT project, has raised $4.5 million in funding to launch a peer-to-peer NFT lending marketplace on the Flow blockchain called Flowty. “The Hash” group discusses the potential of the NFT lending space and the difference between Flow and other base layer chains like Ethereum and Solana. 

22 apr 2022

Shark Tank Co-Host and WonderFi Strategic Investor Kevin O’Leary discusses tech billionaire Elon Musk’s ambitions to purchase social media platform Twitter. O’Leary highlights the Twitter shareholder frustrations due to years of zero profit, describing the company as “the definition of hell on earth.”

22 apr 2022

South Korea approves fifth cash-to-crypto exchange. Crypto-friendly regulations see industry players setting their sights on the UAE. Earth Day report on the effects of energy-intensive blockchain technology on the environment. Pudgy Penguins mystery map sends NFT sales soaring. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

22 apr 2022

CoinDesk U.S. Regulatory Reporter Cheyenne Ligon discusses a recent arrest made by the Federal Bureau of Investigation of 37-year-old Chester “Chet” Stojanovich for an alleged $1.8 million crypto-mining scam. Ligon explains the details of this case and the extent to which Stojanovich lied to his customers.

22 apr 2022