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White House ‘Aware Of’ Silvergate Situation, Spokeswoman Says

White House press secretary Karine Jean-Pierre said the Biden administration is monitoring Silvergate Bank's (SI) situation, comparing it with those at other crypto companies and saying President Joe Biden has called on Congress to take action in this area. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses Jean-Pierre's comments.

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Yuga Labs Co-Founder on Competition in the NFT Marketplace

NFT trading volumes reached $2 billion in February, according to Web3 data platform DappRadar’s latest industry report. Yuga Labs co-founder Greg Solano weighs in on the increasing competition in the NFT marketplace following the rise of Blur.

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What Silvergate Woes Mean For Stablecoins

Digital assets data provider Kaiko says Silvergate Capital's decision to shutter its instant settlement service SEN, which was popular among large investors, will boost the role of stablecoins and their issuers in crypto trading. Maple Finance Head of Capital Markets Quinn Thompson discusses Kaiko's assessment and the outlook for stablecoins.

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Alameda Sues Grayscale and DCG To Allow Redemptions, Reduce Fees

FTX sister company Alameda Research has filed a lawsuit against crypto asset manager Grayscale Investments seeking injunctive relief to realize what it claims is over $250 million in asset value for the FTX Debtor’s customers and creditors. "First Mover" hosts weigh in on the latest developments. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

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Uniswap Labs COO on Mobile Wallet Outlook: Apple Is ‘Deliberately Opaque’

Uniswap Labs is launching a mobile crypto wallet that is now available as a limited early release, but a recent tweet from Uniswap Labs states in part, "Apple won’t green-light our launch, & we don’t know why." Uniswap Labs Chief Operating Officer Mary-Catherine Lader shares her reaction.

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This Revolution Could Change Web3

As multi-chain NFTs take off, Forkast Labs launches a vital new way to measure value on the blockchain. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Yuga Labs’ First Bitcoin NFT Auction Raises $16.5M

Bored Ape Yacht Club's parent company Yuga Labs generated $16.5 million from its auction of 288 NFTs in its TwelveFold collection based on the Ordinals protocol. Yuga Labs co-founder Greg Solano discusses the company's interests in Bitcoin NFTs and the controversy around the Ordinals protocol. Plus, insights on competition in the NFT marketplace and outlook on Bored Ape Yacht Club.

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BTC, ETH Trading Flat Ahead of Powell Testimony

Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahead of U.S. Federal Reserve Chair Jerome Powell speaking before Congress on Tuesday. Plus, insights into the stablecoin market.

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Grayscale Bitcoin Trust at Issue in Court

The Grayscale Bitcoin Trust discount to net asset value has fallen to its lowest level in a month, ahead of oral arguments in federal court related to Grayscale's lawsuit against the U.S. Securities and Exchange Commission. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).

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TeraWulf Starts Nuclear-Powered Bitcoin Mining With Nearly 8,000 Rigs at Nautilus Facility

TeraWulf has begun operations at its Nautilus Cryptomine facility – the first nuclear-powered bitcoin mining facility in the U.S. – with nearly 8,000 mining rigs online representing computing power, or hashrate, of about 1.0 exahash per seond (EH/s). TeraWulf Chief Strategy Officer Kerri Langlais shares insights into the company's plans and outlook for the bitcoin mining industry amid the bear market.

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