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FM Clip
US Congress Organizing Hearing on Crypto Mining
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De shares his insights on an upcoming Congressional hearing that will examine the environmental impact of crypto mining, especially on the bitcoin network. The Oversight and Investigations subcommittee of the House Energy and Commerce Committee is currently drawing up a list of witnesses while the date still has yet to be set.

Australian Open Serves Up Its Own NFTs in the Metaverse
Ridley Plummer, Australian Open Metaverse and NFT project manager, along with Decentraland Head of Partnerships Adam de Cata, speak on the Australian Open’s ambition to open Melbourne Park up to the world through an experience in the Decentraland Metaverse alongside an NFT series.

Kazakh Riots Hit Miners, Fed Hits Crypto Market
Kazakhstan riots hit crypto mining. Fed rate hike signal hits crypto markets. Volatility is not necessarily a bad thing for markets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Will This DAO Succeed in Revamping Blockbuster for Web 3.0?
Following ConstitutionDAO, BlockbusterDAO also aims to buy a piece of history — the Blockbuster brand. The organization’s founder speaks on their ambition to turn the fallen video rental chain into a decentralized film streaming service that will empower consumers and benefit artists for equitable compensation.

Harvard Business School Professor on Sperax USDs Stablecoin Launch
Harvard Business School Professor of Business Administration and National Bureau of Economic Research Fellow Marco Di Maggio speaks on the newly launched Sperax USDs stablecoin, which has caught the attention of investors, including international DJ Steve Aoki. Di Maggio discusses the framework of this algorithmic stablecoin in comparison to others and regulatory concerns.

CoinDesk Joins Court Case Seeking NY Attorney General Office’s Tether Documents
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to discuss CoinDesk’s involvement in a legal proceeding between the New York Attorney General’s office (NYAG) and Tether in pursuit of documents regarding the reserves backing $78.4 billion of stablecoins. De explains why this case matters to the public interest and what can be expected in the coming months.

Bored Ape NFT Frenzy, Play-to-Earn Sustainability Questioned
China’s e-CNY pilot app goes public. Bored Apes spark NFT frenzy. Play-to-earn sustainability in question. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Ex-ConsenSys Ventures Head: Why a Multichain Ecosystem Is Needed
Kavita Gupta, Ex-ConsenSys Ventures head and Delta Blockchain Fund founder, explains why her fund believes in the importance of a multi-chain ecosystem and the growing applications of blockchain technology.

CFTC Fines Polymarket $1.4M for Unregistered Swaps
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why the Commodity Futures Trading Commission (CFTC) recently fined crypto betting service Polymarket $1.4 million for unregistered swaps. Plus, his perspective on the Bank of Mexico’s plans to launch a Central Bank Digital Currency (CBDC) by 2024.

China Cryptopunk Sale, Use Cases Key to DeFi
Kakao and Naver’s move into Singapore stalls. Cryptopunk NFT sells for over US$820,000 in Shanghai. Real-world applications key to crypto world in 2022. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
