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President Bukele Confirms El Salvador Will Not Require Bitcoin Acceptance
El Salvador President Nayib Bukele confirmed the use of bitcoin as legal tender would not be mandatory. In contrast to the original Bitcoin Law, the government will not force any of the nation’s residents to receive it as a form of payment.
What Drove Bitcoin Over $50K?, 'Golden Rules' for Financial Advisors
Onramp Invest CEO Tyrone Ross dives into crypto markets, sharing his thoughts on what drove bitcoin through the psychological $50K barrier. An investment advisor focused on digital assets, Ross also has advice for other financial advisors whose clients are interested in cryptocurrencies.
Professor Jailed for Crypto Scam, Cryptopunks Trading Volume Soars
A South Korean professor and presidential campaign advisor jailed over a crypto scam. The Philippines says Axie Infinity earnings are subject to tax, and Cryptopunks' NFT trading volume soars. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Blockstream CEO on Mining in North America, Plans for the $210M Raise
Adam Back, CEO of Blockstream, the latest crypto company to become a unicorn, shares the Bitcoin infrastructure firm’s plans for spending its new $210 million raise and thoughts on possible changes in crypto mining.
BitGo CEO Talks Bitcoin, Crypto Regulation, WBTC
Over the past 30 days, bitcoin is up about 40%, trading at just below $50,000, although it is likely to face resistance towards the $55,000 mark. Mike Belshe, CEO of crypto custodian BitGo, discusses the potential catalyst for the rally and how much of the current regulatory environment has to do with the crypto markets. Plus, his outlook on the growth of wrapped bitcoin (WBTC).
Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision
In the days following bad bitcoin-related press from Beijing and Washington, capitals of the number one and two largest economies in the world, bitcoin did strikingly different things: it dropped 30% on the China news in May, while it ran up 6.7% on the U.S. tax provision in August. CoinDesk's Galen Moore breaks down the Chart of the Day.
What OnlyFans Stopping Sex Acts and Politicizing Payments Means for Crypto
OnlyFans, an online subscription platform primarily used by performers selling adult sexual content, announced it would prohibit pornographic material beginning October 1 due to pressure from banks and payment providers.
Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K
Visa has bought a female CryptoPunk for around $150,000, taking a step into non-fungible tokens (NFTs) as it seeks to learn more about the burgeoning market. “The Hash” panel discusses the payments technology giant ramping up its experimentation around crypto assets. Could it pave the way for the rise of institutional NFTs?
‘Happy Ending’ to DeFi’s Largest Hack
The attacker who hacked more than $600 million from the China-based Poly Network platform has released the private key for the remaining $141 million of the stolen cryptocurrency, putting a "happy ending" to the weeks-long saga. "The Hash" hosts discuss the key takeaways from the largest hack in decentralized finance (DeFi) history as it comes to an end.
Most Executives Reportedly See Digital Assets as Strong Fiat Alternative in Next 5–10 Years
76% of executives around the world think digital assets will be a “strong alternative to or replacement for” fiat in the next five to 10 years, according to a new survey by Deloitte. Cybersecurity, regulation and privacy were seen as the biggest obstacles to global crypto adoption.