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Poly Network Assets Returned, OKEx Lists Baby Doge

Poly Network returns stolen assets. Indian women lead the charge in crypto exchange account sign-ups. OKEx lists Doge memecoin spin-off Baby Doge. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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SEC Chair Gary Gensler Tells Elizabeth Warren SEC Needs More Authority to Rein In Crypto

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses his reading of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s letter to Sen. Elizabeth Warren, saying he wants his agency to have greater authority and resources to crack down on the crypto sector.

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Why Did BitMEX Agree to Pay $100M Penalty to CFTC, FinCEN Settlement?

Crypto derivatives trading platform BitMEX will pay a $100 million penalty to the U.S. Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN) to resolve charges of violating the Bank Secrecy Act. 100x Group CEO Alexander Hoeptner discusses his insights into the settlement and outlook for BitMEX. Plus, his advice for crypto firms and the overall industry as crypto regulation comes to focus.

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‘Bitcoin Is A Rocket Ship,’ Says Tech Industry Veteran

Guy Gotslak, President & Co-Founder of crypto investment platform My Digital Money, ​discusses bitcoin’s next move as it remains in a long-term uptrend. “We might see a little resistance, but I believe long-term, it’s a rocket ship,” Gotslak said. Plus, why he doesn’t think crypto regulation has a significant impact on market activity.

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What US Senate’s $3.5T Budget Plan Could Mean for Crypto

U.S. senators voted along party lines to support a $3.5 trillion blueprint for President Joe Biden’s agenda. This includes the $1 trillion infrastructure bill that passed Tuesday, which included contentious tax reporting provisions on the crypto community.

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Largest Hack in DeFi History, ADA Hits Two-Month High

Poly Network suffers the largest hack in DeFi history. Small and mid-sized miners suffer in China exodus, and Cardano’s ADA hits a two-month high. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates

Coinbase posted $1.9 billion in transaction revenue in the second quarter of 2021, surpassing analyst estimates for $1.57 billion in its second-ever earnings report as a public company. The crypto exchange also noted ether was traded more than bitcoin in Q2 for the first time. CoinDesk's Nate DiCamillo digs into the report and reveals about the outlook for Coinbase and the wider industry. Plus, his insights into the latest Consumer Price Index (CPI) numbers.

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Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies

Bitcoin and ether are soaring, but some crypto traders speculate the next hot market bet: digital assets associated with visions of a decentralized Internet or Web 3.0 tokens. Vanessa Grellet, Head of Portfolio Growth at investment firm CoinFund, explains what Web 3.0 tokens are and why she believes “this is looking like the future.”

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Opimas CEO: ‘Huge Silver Lining for Crypto in Infrastructure Bill’

Octavio Marenzi, CEO of capital markets consultancy Opimas, discusses why the U.S. Senate’s $1 trillion infrastructure bill could have driven crypto markets higher. ​”Within the infrastructure bill actually, there is a huge, huge silver lining for crypto, [and] I think that’s why we’re seeing bitcoin shoot up,” Marenzi said.

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What the Infrastructure Bill Could Mean for Crypto Firms

Jeff Horowitz, Chief Compliance Officer of crypto custodian BitGo, digs into the U.S. Senate's $1 trillion infrastructure bill and what it could mean for his business. "I don't see it as a day one issue for us, but as we've seen this week, really broad and narrowly defined definitions could mean a lot," Horowitz said. "To put a bill out there and figure out later is not the best way to go about sensible regulation." Plus, his insights into why the U.S. government has given a contract to Anchorage Digital over BitGo and broader crypto adoption for the institutional markets.

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