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Sushi Token Falls as Sushi DAO, Key Contributor Served With SEC Subpoena

Sushi DAO and Head Chef Jared Grey were served with a subpoena by the U.S. Securities and Exchange Commission, the decentralized autonomous organization revealed Tuesday. The native sushi token dropped on the news. "The Hash" panel discusses what this means for the future of DAOs and governance.

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Crypto Custody Provider Copper to Lay Off Up to 15% of Staff

Cryptocurrency custody provider Copper said up to 15% of its staff face layoffs as the firm streamlines its business amid tough market conditions affecting the crypto industry. "The Hash" panel discusses the latest fallout from crypto winter despite bitcoin's (BTC) recent rally.

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New White House Report Lays Out Issues Seen in Crypto Sector

A new report from the Biden administration looks at a number of claims and stated goals from the crypto industry, ranging from cryptocurrencies' role as investment vehicles and payment tools to its potential use in payment infrastructure. The report said that "many [cryptocurrencies] do not have a fundamental value" and noted other issues with the sector. "The Hash" panel discusses the details of the report and the outlook for crypto regulation in the country.

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American Institutions Are Increasingly Buying Bitcoin: Analyst

American business hours have been a major source of bullish pressure since the beginning of the year, according to a report from Matrixport. "Bitcoin is up around 66% year to date, but 47% of those really come during U.S. hours," said Markus Thielen, Head of Research and Strategy. Plus, Thielen explains why there are more institutions involved in the markets compared to retail.

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SVB Financial Group Bankruptcy Hearing: Key Takeaways

SVB Financial Group, the former parent company of Silicon Valley Bank and the Federal Deposit Insurance Corporation (FDIC), appears to be at odds over $2 billion in cash. Kleinberg, Kaplan, Wolff and Cohen, P.C. Partner Dov Kleiner breaks down the key takeaways from the bankruptcy hearing and what is likely to happen next.

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Inflation Crisis Lingers Ahead of Key Fed Decision: Analyst

The U.S. Federal Reserve Chairman Jerome Powell will announce the central bank's latest interest rate decision amid lingering banking and inflation concerns. eToro Investment Analyst Callie Cox shares her expectations, saying, "optically it's going to be very hard for the Fed to raise rates right now...but doesn't mean they won't do it."

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Sushi DAO and Head Chef Served With SEC Subpoena

Sushi DAO and Head Chef Jared Grey were served with a subpoena by the U.S. Securities and Exchange Commission. CoinDesk's Nikhilesh De breaks down what this means for the decentralized autonomous organization.

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Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC

A legal fight is ramping up between the FDIC and the former parent company of Silicon Valley Bank. SVB Financial said the banking regulator took "improper actions" and can't access its money held at its former unit. Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C., discusses the key takeaways from the bankruptcy hearing. Plus, reactions to Bloomberg reporting Silicon Valley Bank loans to insiders tripled to $219 million before being overtaken by regulators. 

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Decentralization in Focus

Host Joel Flynn discuses whether the developments in decentralization can bring back trust in the crypto industry. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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White House Narrows in on Crypto in New Economic Report

The White House took aim at cryptocurrencies in a new report arguing that many aspects of the digital asset ecosystem are creating issues for consumers, the financial system and the environment. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what this could mean for the future of the crypto industry. Plus, the latest on Sushi DAO and its key contributor's SEC subpoena.

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