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Key Takeaways From Powell’s Testimony to Congress and Implications for the Crypto Industry

Jerome Powell speaks at a House Financial Services Committee hearing today as he continues his semi-annual testimony before Congress. As CoinDesk Managing Editor, Global Policy & Regulation Nikhilesh De reports, at the Senate Banking Committee hearing yesterday Powell addressed questions about inflation, economic inequality and the digital dollar.

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New Frontier of Digital Art? ‘Nyan Cat’ NFT Traded for $600K

Meet the artist who created the longtime internet sensation “Nyan Cat” that sold as a non-fungible token (NFT) for 300 ETH. Artist Chris Torres joins “First Mover” to discuss the wild world of NFTs and what they mean for artists.

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Abra CEO Bill Barhydt: The Tether and Bitfinex Legal Case was a ‘Distraction’

Abra CEO Bill Barhydt commented on Tether’s $18.5 million settlement, saying the whole case was “a distraction” for the crypto space with no impact on bitcoin at all. He also explains why he anticipates more investigations.

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Voyager CEO: Bitfinex, Tether’s $18.5M Settlement With NYAG ‘Extremely Positive Sign’ for Crypto Ecosystem

Voyager Digital CEO and co-founder Steve Ehrlich comments on the impact of the New York Attorney General’s settlement with Bitfinex and Tether.

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Using Crypto Mining to Heat Your Home: Hot Trend or Hot Air?

A miner blogs that he heats his home by mining cryptocurrencies and is able to cut his electricity bill by half in the process. “The Hash” reacts.

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MicroStrategy CEO Michael Saylor Says Bitcoin Is Not for Spending, It’s for Saving

MicroStrategy CEO Michael Saylor said that bitcoin is for saving as a 10-year investment. “The Hash” panel weighs in on the ongoing debate regarding the use cases for the world’s most valuable cryptocurrency.

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Facebook vs. Australia: Which Actually Won in the News and Power Battle?

Facebook is restoring news sharing in Australia after reaching a deal on a new media law. “The Hash” panel debates the power dynamics at play.

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Bitfinex, Tether Settle With NY AG for $18.5M: Cloud Lifted?

“The Hash” panel discusses the Bitfinex and Tether settlement with the New York Attorney General’s office, and whether or not a dark cloud looming over the crypto industry has truly been lifted.

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Trading Bots Preying on Ethereum ‘Extracted’ $107M in 30 Days

A new research report suggests trading bots lurking on perceived flaws in the Ethereum network have “extracted” at least $107 million in the past 30 days. “The Hash” panel discuss what this means.

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The State of Crypto in Germany

Crypto and decentralized finance (DeFi) is booming around the world. Henrik Gebbing, co-founder of Finoa, joins “First Mover” to share his insights about the cryptocurrency market in Germany and the future of institutional investment in the European market.

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