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Digital Bank Revolut Is Launching Crypto Investments in Brazil
Digital bank Revolut, which already offers crypto investments across Europe, is now open for business in Brazil. Revolut Brazil CEO Glauber Mota discusses the company's expansion into Latin America and shares his outlook on the adoption of digital assets in Brazil.
Solana Labs CEO: Wasn't Sure the Ecosystem Would Survive After FTX
Former FTX CEO Sam Bankman-Fried was a big supporter of Solana, previously investing in its native token SOL. Solana Labs CEO and co-founder Anatoly Yakovenko weighs in on FTX's "outsized" influence on the ecosystem and what its collapse meant for Solana.
Bitcoin Ordinals Controversy Brews; Montana's Governor Signs New Crypto Mining Bill Into Law
Independent freelance software developer Super Testnet tweeted on Friday, "I did not break ordinals, just crashed the ordinal explorer used by unisat and ordinalswallet (that explorer is now fixed) and uncovered a bug in another that lets you misnumber inscriptions." Separately, Montana's governor has signed a bill into law that effectively preserves the rights of crypto miners in the state.
Biden Administration Pushes for Punitive Tax on Crypto Mining
Troy Cross, professor of Philosophy and Humanities at Reed College and Fellow at Bitcoin Policy Institute, joins "All About Bitcoin" to discuss the energy usage of bitcoin mining and the White House's proposal to push for a punitive tax on crypto mining tax.
Bitcoin's Average Transaction Fee Jumps: Data
On Wednesday, the average fee per Bitcoin transaction rose to $7.25, the highest since July 2021. For comparison, the rate so far this year has fluctuated between roughly 50 cents and $4, data from BitInfoCharts shows. CoinDesk Senior Research Analyst George Kaloudis presents “The Chart of The Day.”
MeWe CEO on the Future of Privacy-Focused Social Networks
Social networking app MeWe is taking measures to help its users take control of their identity data. MeWe CEO and Chairman Jeffrey Edell joins "The Hash" to share insights into bringing the Frequency blockchain's self-sovereign identity to MeWe's 20 million users and the importance of privacy protection. Plus, his take on the future of Web3 in Hollywood.
SpartacusDAO Leader Barred From Touching $35M in Investor Funds
A federal judge is upholding a freeze on $35 million in crypto assets held by SpartacusDAO, a crypto investment project whose leader faces a lawsuit from disgruntled investors in its SPA token. "The Hash" panel discusses the latest chapter in a multimillion-dollar battle that started on Discord.
Bitcoin’s Activity Pushes Average Transaction Fee to Nearly 2-Year High
A spike in transactions on the Bitcoin blockchain involving Ethereum-style tokens and non-fungible token (NFT)-like "inscriptions" has driven up congestion on the network, pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue. "The Hash" panel discusses the milestone and its implications for the Bitcoin ecosystem.
New York Attorney General Seeks New Crypto Powers for State Regulators
The New York Department of Financial Services would have stronger authority to regulate digital assets, with exchanges having to reimburse customers if they’re the victims of fraud, under a bill proposed by Attorney General Letitia James on Friday. "The Hash" panel discusses the potential outcomes and how this might shape future crypto regulation.
Coinbase Earnings: Q1 Revenue Grows 23% to $773M From Q4
Crypto exchange Coinbase reported Q1 revenue of $773 million, exceeding analysts’ estimates of $655 million. Chase White, Compass Point Research senior research and policy analyst, weighs in on Coinbase's latest earnings results, as trading volume came in at $145 billion versus analyst estimates of $147.7 million for the quarter.