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Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump
Binance resumed bitcoin withdrawals after a second pause, as the Bitcoin network suffers from congestion. This comes as fee rates on the bitcoin blockchain surged to a 2-year high after Taproot enabled inscriptions and BRC-20 to take up coveted block space. Sam Reynolds, CoinDesk Senior Markets Reporter for Asia, breaks down this developing story.
Coinbase CEO Says SEC Is on ‘Lone Crusade'
Coinbase CEO Brian Armstrong said the SEC is on a "lone crusade" and retreating from a suggestion he made in April that the crypto exchange may have to move offshore. "The Hash" panel discusses what to make of Armstrong's remarks and the outlook for Coinbase.
First Book on FTX and SBF's Implosion Published
Veteran crypto journalist and former CoinDesker Brady Dale has published a new book on FTX founder Sam Bankman-Fried's downfall and the longevity of decentralized finance (DeFi). Dale joins "The Hash" to share insights into his book and the lessons learned from FTX's collapse.
'Oldest Lesson of Crypto Is Still Right:' Author Brady Dale on FTX Collapse Takeaways
As part of a sneak peek into his new book "SBF: How the FTX Bankruptcy Unwound Crypto's Very Bad Good Guy," veteran crypto journalist and former CoinDesker Brady Dale discusses the lessons learned from the fall of FTX and its founder Sam Bankman-Fried.
Sam Altman’s Crypto Project, Worldcoin, Unveils First Major Consumer Product
Worldcoin, the crypto project from Sam Altman, the co-founder of ChatGPT developer Open AI, has launched a native crypto wallet built on the Ethereum sidechain Polygon called "WorldApp." "The Hash" panel discusses the latest in the world of crypto and AI, potentially bringing blockchain awareness to the mainstream.
Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs
Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives demand for block space. "The Hash" panel discusses what this means for the Bitcoin community.
State of Crypto VC Funding in 2023 in Wake of FTX Fallout
Kavita Gupta, Delta Blockchain Fund founder and GP, reacts to a recent report from Galaxy Digital, which notes that in the first quarter of 2023, venture capitalists invested $2.4 billion into crypto-focused startups and protocols, the lowest level in roughly two years. Gupta said, "after the big bubble..crypto VCs are being much smarter about where the money is going." Plus, Gupta explains why she thinks "it's a very smart time to invest."
Revolut Brazil CEO on State of Crypto Regulation in Latin America
"Brazil is a highlight in terms of how evolved it is in terms of regulation," Revolut Brazil CEO Glauber Mota said. Mota also discusses how the digital bank is opening its business in Brazil and the local regulatory environment in the country.
21.co CEO Reacts to Binance Resuming Bitcoin Withdrawals
Binance briefly paused bitcoin withdrawals for around two hours Sunday afternoon U.S. time as the number of unconfirmed transactions hit a record high. Its second pause, taking place Sunday evening U.S. time, was also for just over two hours. "What's going on right now in Bitcoin is quite unprecedented," 21.co co-founder and CEO Hany Rashwan says, reacting to this development.
Ripple's Fight Against SEC Could Cost the Firm $200M, CEO Garlinghouse Says: Report
Blockchain company Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC) is set to cost the firm around $200 million, Cointelegraph reported Monday, citing Ripple CEO Brad Garlinghouse. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in.