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Lamina1 CEO on Mainstream Adoption of the Metaverse

Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” During CoinDesk's "Projects To Watch" week, Lamina1 CEO Rebecca Barkin discusses mainstream adoption of the metaverse, noting it will rely on a "cultural movement."

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Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated

So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.

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Lamina1 CEO on Building an Open Metaverse

Lamina1 is a metaverse-focused, layer 1 blockchain, the brainchild of science-fiction author Neal Stephenson and blockchain expert Peter Vessenes. Lamina1 CEO Rebecca Barkin weighs in on the state of mainstream metaverse adoption and how augmented reality could be incorporated.

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Over 1M Ether Withdrawn After Shanghai Upgrade: Beacon Chain Tracker Data

Beacon Chain tracker data shows ether (ETH) withdrawals crossed 1 million tokens even as prices touched an 11-month high following the successful Shanghai upgrade. Galaxy Digital Vice President of Research Christine Kim discusses the latest developments on the upgrade and reaction from the Ethereum community.

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House Committee Publishes Draft Version of Stablecoin Bill

The U.S. House Financial Services Committee published a draft version of a potential landmark stablecoin bill, with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency (CBDC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the first possible major piece of crypto legislation that could move in 2023.

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SEC Commissioner Peirce on Future of Crypto Regulation, DeFi Oversight

The U.S. Securities and Exchange Commission (SEC) is moving toward DeFi oversight as it reopens a proposal from last year that would now explicitly target platforms for those crypto transactions as exchanges that need to be regulated. SEC Commissioner Hester Peirce joins "First Mover" to discuss her views on decentralized exchanges and the U.S. crypto regulatory landscape at large.

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Bitcoin Could Peak at $45K Next Month: K33 Research Analyst

Bitcoin (BTC) is closely following its early 2019 surge and prices could peak at around $45,000 next month, according to Vetle Lunde, a senior analyst at K33 Research. Lunde joins "First Mover" to discuss the parallels between BTC's early surge in 2019 and the token's recent rally. Plus, insights on ether's strong performance after the Shanghai upgrade.

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Tax Implications for Investors With Funds on Failed Crypto Exchanges

In the wake of a string of crypto firm implosions in 2022, including FTX and Celsius, TurboTax tax expert Lisa Greene-Lewis explains how that may impact investors' tax filings ahead of the deadline next week.

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Ether Options Trading Volume Outshines Bitcoin After Shanghai Upgrade

Ether (ETH) continues to outperform bitcoin (BTC) following the Ethereum network’s "Shapella" upgrade. The options market tied to ether has seen more activity than bitcoin in the past 24 hours, the first instance of 2023. "Bitcoin's going to be the boring old grandpa right now in the room," Dexterity Capital managing partner Michael Safai said. Plus, Safai reacts to ether's latest price rally after topping $2,100.

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Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB

Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. Blockchain Association director of government relations Ron Hammond discusses the difference between Coinbase, Binance and Circle's engagements with lawmakers in DC. "The issue that we have in DC is that no matter the approach you take, it seems like you're still going to be at the end of a Wells notice of enforcement action," Hammond said.

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