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Bitcoin Dips Alongside Stocks, NY Crypto Mining Bill Unlikely to Pass in State Senate
"All About Bitcoin's" Week in Review panel discusses the recent bitcoin sell-off driving the price below $36K, comparing it with the current activity in the stock market. Plus, why the New York Senate Environmental Conservation Committee will not be reviewing the proposed two-year moratorium on non-renewable proof-of-work mining, and Q1 earnings reports from crypto mining firms like Argo and Marathon Digital.
Could Smart Contracts Come to Bitcoin?
CoinDesk Managing Editor for Markets Brad Keoun shares his bitcoin price outlook, discussing the prospects of a 75 basis-point interest rate hike amid the release of the April jobs report. Plus, Managing Editor for Tech Christie Harkin explains the possibility of smart contracts on the bitcoin network with the BIP119 proposal.
US Officials Add North Korea-Link Bitcoin Mixer to Sanctions List
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned North Korea-linked crypto mixing service Blender.io as part of their ongoing efforts to freeze the flow of capital from the $620 million exploit of Axie Infinity Ronin Network.
Survey: 9 Out of 10 Central Banks are Exploring CBDCs
According to a survey conducted in 2021 by the Bank for International Settlements, nine out of ten central banks globally are exploring central bank digital currencies (CBDC), with more than half of them currently developing the asset or running concrete experiments.
$36M in Seized JUNO Tokens Moved to Wrong Wallet Due to Typo
After a community vote on the Cosmos-based blockchain Juno to recover millions of dollars worth of ill-gotten JUNO tokens from an investment whale, a coding typo sent the funds to the wrong address.
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
According to the Commodity Futures Trading Commission (CFTC), the three co-founders of BitMEX have been ordered to pay $30 million for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules. “The Hash” group discusses BitMEX’s role in the early stages of the crypto space and how newer exchanges like Coinbase and Binance have dealt with regulatory tensions.
Ice Cube Addresses Anti-Semitic Tweets, Gary Vee on Social Media Censorship
N.W.A. rapper Ice Cube came to fame for his anti-establishment lyrical content in the late 1980s, but in recent years has faced backlash for his controversial Twitter presence.
BTC Slumps Below $36K, Liquidations Lead $400M In Futures Losses
GlobalBlock Market Analyst Marcus Sotiriou discusses the current state of the crypto markets as bitcoin slumps below $36K. Plus, a conversation on consumer spending habits amid rising global inflation, and crypto’s correlation to equities markets.
ClayStack CEO on Proof of Stake, DeFi Yields, Ethereum Merge
ClayStack CEO Mohak Agarwal discusses his company’s findings after compiling insights from 999 proof-of-stake crypto users. Agarwal explains the technical differences between proof-of-work and proof-of-stake, the financial benefits of DeFi yields, and Ethereum’s highly anticipated merge to PoS.
Ice Cube and Gary Vee Announce Big3 Sports NFT Project
Rapper, actor, and ‘Big3’ basketball league Co-founder Ice Cube and serial entrepreneur Gary Vaynerchuk announce their partnership in decentralized sports as Vaynerchuk acquires part ownership of the 2019 Big3 championship team Triplets via NFTs. The two discuss plans to grow the Big3 as a complimentary league to the NBA and the growing use cases for digital assets, with Ice Cube stating “the NFT revolution is here.”