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AI-Focused Token Interest Spikes in Wake of ChatGPT Popularity

Cryptocurrency tokens utilizing artificial intelligence (AI) technology have been on a tear in the past months, with most tokens up an average of 80% in the past week alone, according to CryptoSlate data. Much of the recent surge in AI tokens emerged after the public launch of chatbot ChatGPT and image generation software Dall-E in mid-2022. "The Hash" hosts discuss the recent rally and what this means for the crypto industry.

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What SEC's Enforcement Action on Kraken Could Mean for Crypto Industry

Crypto exchange Kraken will pay a $30 million settlement fine to the U.S. Securities and Exchange Commission (SEC) and halt its staking service for U.S. customers. Former SEC Attorney and Ketsal partner Zachary Fallon says the agency's enforcement action shows the SEC's "increasing focus on intermediaries in this space."

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PayPal Held $604M in Crypto For Its Customers as of Year-End 2022

PayPal (PYPL) held a total of $604 million of bitcoin (BTC), ether (ETH), litecoin (LTC) and bitcoin cash (BCH) for its customers as of Dec. 31, according to its annual report to the U.S. Securities and Exchange Commission (SEC). The payments company has been allowing customers to buy and sell crypto since October 2020, though it has only recently begun to disclose specific holdings of different coins in its SEC filings. "The Hash" panel discusses what this means for PayPal's crypto ambitions.

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SEC Chair Gary Gensler Addresses $30M Settlement with Kraken

U.S. Securities and Exchange Commission Chair Gary Gensler joined CNBC's "Squawk Box," warning other platforms to "take note" of crypto exchange Kraken's move to halt its staking service in the country and cough up a $30 million fine. This comes as SEC Commissioner Hester Peirce said Friday that the SEC did not attempt to consult with the crypto industry before launching this week’s unregistered securities crackdown on staking-as-a-service. "The Hash" panel discusses the latest developments surrounding U.S. crypto regulation.

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Rihanna Song Offered as NFT With Royalty Sharing Ahead of Super Bowl

A popular song released by music artist Rihanna was offered as a non-fungible token (NFT) through Web3 music startup anotherblock on Thursday, allowing holders to receive partial streaming royalties. The NFT drop comes ahead of Rihanna's Super Bowl LVII halftime performance on Sunday. "The Hash" panel discusses the latest move bringing together the worlds of crypto, sports, and entertainment.

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Compound Labs Founder Reacts to Contentious Uniswap Vote Result

Compound Labs Founder Robert Leshner reacts to voting ending on the proposal to deploy Uniswap v3 on the BNB Chain using the Wormhole bridge. Leshner, who voted in favor of the deployment, shares his reactions to the result and explains why he thinks this move will be a net positive.

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Super Bowl LVII Won't Be a 'Crypto Bowl' Like Last Year

In 2022, crypto companies spent a combined $54 million on Super Bowl ads, according to MediaRadar. This year, expensive crypto ads with famous faces won't be part of the big football game broadcast. "Brands are weary to associate themselves with crypto...whether it's fair or not," said Adweek Senior Reporter Patrick Kulp. He shares more insights into the lack of crypto ads this year.

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DFD Partners President Shares His Outlook on Crypto In 2023

Despite the U.S. Federal Reserve's continued hawkish calls for further rate hikes, DFD Partners president Bilal Little believes investors could soon see the early innings of the next bull cycle. Little explains his outlook and shares his price prediction for bitcoin (BTC) by the end of 2023.

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Kraken Facing SEC Scrutiny Is 'Not a Condemnation of Staking At Large': Former SEC Attorney

Crypto exchange Kraken will end its U.S. crypto-staking service and pay a $30 million fine to settle with the U.S. Securities and Exchange Commission (SEC). Former SEC Attorney and Ketsal partner Zachary Fallon weighs in on the developments, noting this is not a condemnation of staking at large, where users can validate transitions on a proof-of-work chain.

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Bitcoin's Price Falls Under $22K

Host Joel Flynn discusses whether the recent drop in bitcoin's price is the start of a sustained downtrend or a healthy correction. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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