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Latest from Zack Seward
Chinese Ethereum Mining Pool SparkPool to Halt All Services, Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge
“The Hash” hosts discuss today’s hot topics: The world’s second-largest Ethereum mining pool, the Chinese SparkPool, is halting all services due to the latest crypto crackdown from the Chinese central bank. SparkPool initially had stopped providing services to new Chinese users, but it has now expanded its suspension to all users. Prominent Ethereum developer Virgil Griffith pleads guilty to a conspiracy charge in Monday’s North Korea sanctions case in New York. According to President Nayib Bukele, almost a third of Salvadorans are using the bitcoin wallet Chivo. Plus, the Ethereum scaling product, the Immutable X, has raised over $12.5 million via token sales in under an hour.

Is China Central Bank’s Crypto Ban a Watershed Moment or Just Another Sell-off Excuse?
“The Hash” hosts debate and discuss today’s top stories: China’s central bank declaring all cryptocurrency transactions illegal, jolting crypto markets, Twitter is adding a bitcoin tipping feature and pushing further into the NFT world, and Time Magazine is launching a new collection of NFTs, offering “unlimited access” to its website through 2023. Plus, a new challenger to OpenSea NFT marketplace, “Artion,” has been launched, and it might be a game-changer.

76ers Become Second NBA Team to Ink Crypto Ad Patch Deal
The Philadelphia team will sport the Crypto.com logo on its jerseys starting this season.

Twitter to Add Bitcoin Lightning Tips, NFT Authentication
Tipping, including with bitcoin, will be live on iOS immediately.

Bank Of England Questions Whether a Central Bank Digital Currency Should Be ‘Programmable’
“The Hash” hosts discuss today’s hot topics: The Bank of England has called on ministers to decide whether a central bank digital currency should be “programmable,” ultimately giving the issuer control over how the recipient spends it, an apparent giveaway scam paralyzed the Bitcoin.org website, and the Grape Network, the startup that broke Solana, just raised $1.8 million. Plus, Hong Kong-based crypto unicorn Amber Group is reportedly eyeing a U.S. listing, but regulatory uncertainty remains.

Reading Between the Lines of SEC Chair Gary Gensler’s Comments on Stablecoins
“The Hash” hosts unpack what SEC Chair Gary Gensler said about stablecoins in an interview with the Washington Post, saying they’re “almost like poker chips” at the Wild West casino. Dapper Labs has reached a $7.6 billion valuation in the latest $250 million funding round. Meanwhile, Coinbase is reportedly preparing to pitch a proposed regulatory framework to federal officials. Plus, leaked slides show how Chainalysis flags crypto suspects for police.

US Government Sanctions Russia-Based Crypto Firm Suex.io in Fight Against Ransomware Attacks
“The Hash” crew discusses today’s hot topics: The U.S. Treasury’s Office of Foreign Assets Control blacklists a crypto exchange, Suex.io, for the first time, an SEC subpoena swirls at the Mainnet 2021 conference as regulatory scrutiny grows, and Nader Al-Naji aka “Diamondhands,” reveals a long-term plan for the BitClout blockchain. Plus, the European football NFT platform Sorare raises $680 million, which values the company at $4.3 billion.

Homeland Security Inks Deal With Coinbase for Its Blockchain Analytics Software
“The Hash” host discuss today’s hot topics: Homeland Security inks deal with Coinbase for its blockchain analytics software, and the Biden administration plans cryptocurrency sanctions to combat ransomware. There’s a crypto tax provision in the $1 trillion infrastructure that could be unconstitutional. Plus, is stablecoin regulation coming?

Coinbase, With 9K Institutions Already Enlisted, Launches ‘Prime’ Out of Beta
The prime brokerage offering could further cement the exchange as a leading force in institutional crypto adoption.

New Jersey Piles On: Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day
The Garden State is joining Texas in taking Celsius to task.
