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China Highlights Crypto Crimes; Kazakh Miners Busted
Crypto related crimes exposed on China’s Consumer Rights Day. Ex-Kazakh President’s brother busted for illegal crypto mining. Bitcoin potentially inspiring a transition to renewable energy. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Former NBA Star Metta World Peace on Launching Sneaker NFTs
Metta Sandiford-Artest (formerly World Peace) is partnering with decentralized sneaker company Blanksoles to debut “Metta Designsoles,” a collection of limited edition Solana-based non-fungible tokens (NFTs) and physical sneakers. Sandiford-Artest shares insights into the drop, what it means to be stepping into the metaverse and celebrity endorsement in the crypto world.

Fed’s Jerome Powell Expected Announce Raise Hikes Plan Today
The Federal Reserve is expected to announce plans for interest rate hikes today amid soaring inflation in the U.S. CoinDesk’s Nikhilesh De gives a preview on what to expect from the news conference. Plus, a preview of Thursday’s Senate Banking Committee hearing on the role of digital assets in illicit finance.

Fed’s First Interest Rate Hike Since 2018, What That Means For Crypto
The Federal Reserve is expected to announce a quarter-point rate hike today. Ben Emons, managing director of Medley Global Advisors, discusses the potential impact of the Fed’s policy decisions on the crypto markets and the larger financial world.

EU Parliament Rejects Proposal Limiting Proof-of-Work Mining
The European Parliament has voted against a proposed rule that would have banned proof-of-work mining of cryptocurrencies like bitcoin across the European Union (EU). Patrick Hansen, head of Strategy and Business Development at Unstoppable Finance, discusses what this means for the state of crypto affairs in Europe and the world.

BTC Implied Volatility Ticks Higher Ahead of Fed Meeting
Investors’ expectations for BTC price turbulence over the next four weeks, known as implied volatility, is creeping higher ahead of the Federal Reserve’s interest rate decision tomorrow. This is a sign that traders could be setting up options positions that would benefit from BTC price swings.

Bitcoin's Next Move Ahead of Tomorrow's Fed Interest Rate Decision
Prime Trust Chief Product Officer Sara Xi discusses her outlook for bitcoin as investors await the interest rate decision from the Federal Reserve's two-day meeting. Plus, why China's latest COVID outbreak could cause inflationary pressure, and what Saudi Arabia's potential oil sale to China in Chinese yuan could mean for bitcoin.

Singapore Imposes Sanctions; Bitcoin Bucks Market Trend
Binance wins license in Bahrain. Singapore targets designated Russian banks amid sanctions. Bitcoin holds ground despite wider market falls over Ukraine and China concerns. Altcoins to keep a watch on. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

NFT Platform Immutable X Wants to Bring Blockchain Gaming to the Masses, Raises $200M at $2.5B Valuation
Non-fungible token (NFT)-scaling platform Immutable X has raised $200 million in a Series C funding round at a $2.5 billion valuation. Immutable co-founder and President Robbie Ferguson discusses how this could potentially help bring NFT gaming to the mainstream. Plus, the company’s partnership with GameStop, user demographics, the traditional gaming scene and more.

Kazakhstan Crackdown Forces 106 More Illegal Crypto Mines to Close
Kazakhstan’s crackdown on illegal crypto mines has forced another 106 miners to stop operations, following investigations by the country’s financial monitoring agency. The country represents 20% of the total bitcoin mining capacity, according to CoinDesk’s Research Analyst George Kaloudis.
