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Onchain Metric Suggests Litecoin Is Undervalued: Glassnode
An onchain metric suggests that litecoin (LTC), the 12th largest cryptocurrency by market value, is trading at discounted prices. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Unpacking Ledger’s Controversial New Bitcoin Key Recovery Feature
Paris-based hardware wallet-maker Ledger announced a new key-recovery feature this week, allowing users to recover their private keys. But opponents say that the product isn’t compatible with the concept of a hardware wallet, which promises to ring-fence private keys from prying eyes. "The Hash" panel discusses the criticism around the launch of "Ledger Recover" and the implications of privacy in crypto.
Michael Saylor Looking at Bitcoin Ordinals for App Development: Decrypt
MicroStrategy co-founder and crypto proponent Michael Saylor said his software company is interested in Bitcoin Ordinals and examining the potential of the protocol for application development, according to Decrypt. "The Hash" panel discusses Saylor's latest Bitcoin bet.
Hector Network Fight Focuses on Efficacy of DAO Governance
Community members of decentralized finance (DeFi) project Hector Network met on Discord early Thursday to discuss its possibly more centralized future. On hand was project leadership, a lawyer, and tens of HEC token holders – many of whom were skeptical of a plan they feared would dilute their influence over how Hector runs. CoinDesk attended the call. "The Hash" panel discusses the key takeaways and the legal considerations of internet-native organizations.
Coinbase Praises Canada’s Crypto Approach Amid U.S. Regulatory Pressure
Crypto exchange giant Coinbase (COIN) says it loves Canada, where the rules have been set out and companies are able to engage with the regulators, compared with the United States' lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the outlook for Coinbase and the wider implications for crypto exchanges amid intensifying regulatory pressure in the U.S.
Legal Expert Dissects Florida Gov. DeSantis' Campaign Against CBDCs
Florida Governor Ron DeSantis signed a bill last week to prohibit the use of central bank digital currencies (CBDC) in the state. Carla Reyes, assistant professor at Southern Methodist University’s Dedman School of Law, who has done work in both digital assets law and the Uniform Commercial Code (UCC) that Florida is focused on, explains why she thinks "nothing has been prohibited" by the new law.
Sky Mavis Co-Founder on Play-to-Earn Gaming Outlook
Sky Mavis co-founder Jeffrey 'Jihoz' Zirlin discusses the benefits of the play-to-earn business model and the future of Web3 gaming on the heels of Axie Infinity's card-based strategy game debuting on the Apple app store in key markets.
Sky Mavis Co-Founder Discusses Axie Infinity's Game Launch on Apple App Store in Select Regions
Sky Mavis, the creator of non-fungible token (NFT) project Axie Infinity, has launched its Axie Infinity: Origins card game on the Apple App Store in key markets. Sky Mavis Co-founder Jeffrey 'Jihoz' Zirlin shares insights into the card-based strategy game as part of its global expansion push.
Ripple Exec on Acquiring Crypto Custody Firm Metaco for $250M
Blockchain firm Ripple is buying Swiss-based crypto custody provider Metaco for $250 million. James Wallis, Ripple VP of Central Bank Engagements and CBDCs, shares insights into the acquisition.
Sky Mavis Co-Founder on Axie Infinity's Apple App Store Debut in Key Markets
Axie Infinity's AXS token is paring some gains after surging over 12% earlier this week, as Axie Infinity: Origin, a new card-based strategy game, debuted on the Apple App store in key markets. Jeffrey 'Jihoz' Zirlin, co-founder of Axie Infinity creator Sky Mavis, discusses the launch and the future of Web3 gaming.