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Strike Phasing Out USDT From Bitcoin-Based El Salvador Remittances, CEO Says
Strike, the digital wallet startup behind El Salvador’s bitcoin-based payment system, is phasing out its use of Tether’s USDT stablecoin as a U.S. dollar substitute, CEO Jack Mallers said. “The Hash” team explores the ongoing scandal around Tether and the wider repercussions of El Salvador’s currency law.
Roc-a-Fella Records Sues Dame Dash for Trying To Sell Jay-Z’s Debut Album as an NFT
The ongoing beef between Roc-a-Fella Records co-founders Jay-Z and Dame Dash continues into the cryptocurrency space. The record label is suing Dash for allegedly trying to sell Jay-Z’s debut album, “Reasonable Doubt,” as a non-fungible token (NFT). “The Hash” team unpacks the legal battle as part of a larger discussion about ownership and NFTs.
Author and Onetime Bitcoin Fan Nassim Taleb Publishes Paper Trashing the Cryptocurrency
Nassim Taleb, a former bitcoin admirer, has published a paper trashing the cryptocurrency. “[I]n spite of the hype, bitcoin failed to satisfy the notion of ‘currency without government’ (it proved to not even be a currency at all),” he writes.
CNN Launching NFT Featuring Moments From Network’s 41-Year History
CNN is launching a non-fungible token (NFT) collection on the Flow blockchain, featuring key moments from the cable news network’s 41-year history. “The Hash” panel digs into CNN getting into the NFT market and what this means for crypto in mainstream media.
Scammers Are Sending Fake Hardware Wallets to Ledger Users
Scammers are sending Ledger users fake hardware wallets in phishing attempts, following a 2020 data breach that exposed nearly 300,000 customer addresses. “The Hash” hosts advise how to stay protected against data breaches and avoid crypto scams.
Chicago Seeking to Be Cryptocurrency Finance Center
Is Chicago America's next cryptocurrency hub? From hosting one of the Midwest's largest crypto mining facilities to a Chicago-based bitcoin ATM operator, Illinois is emerging as the next epicenter for the digital asset space. The Prairie State also plans to issue a bill similar to Wyoming's special-purpose depository institution (SPDI) charters. "The Hash" explores Illinois' crypto ambitions.
Saylor: We Must Counter ‘Misinformation’ About Bitcoin’s Environmental Damage
At Wednesday’s Bitcoin Mining Council meeting, Microstrategy CEO Michael Saylor said a key problem in the crypto space isn’t bitcoiners, but the negative headlines about mining. “The Hash” hosts react to Saylor’s concerns about “misinformation” in bitcoin mining, discussing the larger role of the Bitcoin Mining Council.
Sichuan Becomes Latest Chinese Province to Order Bitcoin Miner Shutdown
In China's Sichuan province, the world's largest hydro-powered bitcoin mining area, Ya'an is set to shut down mining operations. "The Hash" panel discusses China's continued crackdowns on bitcoin mining operations and what this latest development means for the bitcoin community.
TRM Labs Raises $14M As Crypto Tracking Steps into Spotlight
San Francisco-based intelligence firm TRM Labs, which builds crypto-tracking software, has raised $14 million in its latest equity round. "The Hash" panel delves into cryptocurrency tracking going mainstream and the power of blockchain analysis.
McLaren to Build NFT Platform on Tezos
McLaren Racing plans to build a non-fungible token (NFT) platform on the Tezos blockchain. The platform will list NFTs illustrating McLaren Racing’s history, heritage, famous drivers, and more. “The Hash” team digs into the future of the Tezos blockchain.