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MobileCoin CEO: 'Privacy Is a Fundamental Human Right'
Joshua Goldbard, founder and CEO of MobileCoin, shares insights into the privacy-oriented and mobile-first crypto project's payments technology, stablecoin development, and regulatory concerns. He discusses the importance of privacy in financial transactions, adding "privacy is a fundamental human right." Plus, what differentiates MobileCoin from others within the history of in-app messaging, and what the $66 million venture capital raise in August means for its users.
El Salvador Pres. Nayib Bukele: More Than Half a Million People in the Country Are Using Bitcoin Wallet
More than half a million people in El Salvador are using the country’s government-run bitcoin wallet Chivo following the adoption of the cryptocurrency as legal tender Sept. 7, President Nayib Bukele said. He also clarified 95% of Chivo's technical errors have been corrected. "The Hash" team discusses the latest on El Salvador's bitcoin adoption and what it could mean globally.
FTX to List Chiliz Tokens for Sports Fans
Sam Bankman-Fried’s crypto exchange FTX is making Chiliz fan tokens available on its platform. It will begin by offering the fan tokens for Italy’s Inter Milan $INTER and Turkey’s Galatasary Sports Club $GAL. "The Hash" squad discusses the latest move from FTX bringing new ways for sports fans around the world to engage with their favorite teams, as it continues to bring crypto and blockchain awareness to the mainstream.
Coinbase Goes Public in Its Fight With the SEC
Coinbase might be picking a fight with the U.S. Securities and Exchange Commission (SEC) over its soon-to-be-launched Lend product. The crypto exchange says the agency hasn’t clearly explained why Lend is a security and is marshaling its customer base for support.
BlockFi CEO Wants SEC to Weigh in on Crypto Lending
Zac Prince, CEO of prominent crypto lending firm BlockFi, voiced optimism that the crypto lending industry will survive despite ongoing regulatory crackdowns but said it would ultimately need a word from the feds. This comes as BlockFi's interest-bearing crypto account has come under regulatory scrutiny in at least five U.S. states. "The Hash" panel reacts, discussing the possible fate of BlockFi and the lending industry.
Litecoin Spikes Almost 20% From Fake Walmart Press Release
Litecoin's price surged nearly 20% Monday after a fake press release stated Walmart would begin accepting the cryptocurrency as payment. LTC quickly fell back to previous levels once it was revealed the announcement was a hoax. "The Hash" panel digs into the implications for the rapid ascent and descent or "pump and dump," and the impact of "adversarial media environment" on the crypto community.
South Korea’s Registration Deadline for Crypto Exchanges Could Erase $2.6B in Assets
Around $2.6 billion worth of digital assets could be wiped out when South Korea’s deadline for crypto exchange registration rolls around on Sept. 24, suggesting a majority of Korean crypto exchanges could shut down later this month.
Coinbase to Sell $1.5B of 7-Year, 10-Year Debt
Crypto exchange Coinbase announced it plans to sell $1.5 billion of debt through a private offering. The firm said the notes will become due in 2028 and 2031, and the funds will be used for general corporate purposes, which may include acquisitions.
Scaramucci’s SkyBridge Capital Launches NFT Platform at SALT 2021
Anthony Scaramucci’s SkyBridge Capital is launching NFT platform Flatter at his SALT conference in New York Tuesday. The first bundle to be sold on Flatter will be 140 bottles of “rare whiskey” decorated with a portrait of "The Mooch" himself. "The Hash" hosts discuss the latest hedge fund investing firm tapping into NFT technology as the digital collectibles market continues to thrive.
UK Post Office to Offer Crypto Purchases to Some Customers Starting Next Week
Beginning next week, the U.K.’s Post Office will offer users the ability to purchase crypto through its identity-verification service, EasyID, using a voucher system from Swarm Markets. Some suggest the integration may expose more people to decentralized finance (DeFi) through Swarm’s yield farming offering.