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China Arrests 93 for Crypto-Related Money Laundering; Bank of America Says Crypto Is Acting as Risk Asset
Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China's Hunan province arrested 93 people for allegedly laundering up to RMB 40 billion ($5.6 billion) using crypto. Digital assets continue to act as risk assets, falling as global interest rates rise, Bank of America (BAC) said in a research report Friday.
Bitcoin Back Above $19K as Recession Concerns Loom
Bitcoin (BTC) trading up slightly Monday after slumping to lows under $19,000 over the weekend as concerns over a potential global recession heighten, triggered by high interest rates and energy shortages. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Binance Eyes License to Operate in Japan: Report
According to Bloomberg, Binance is eyeing a license to operate in Japan four years after exiting the country. "The Hash" team discusses what this means for the world's largest crypto exchange by trading volume and why Japan is seeing renewed interest in crypto.
Disney's NFT Interest Appears to Increase With New Job Posting
The Walt Disney Company is seeking an "experienced corporate attorney" to work on "emerging technologies," including non-fungible tokens (NFTs), the metaverse, blockchain and decentralized finance (DeFi). "The Hash" hosts discuss what Disney's latest job posting could mean for the entertainment giant's future crypto initiatives.
Crypto Doesn’t Have Same Level of Ethics as Private Equity, Billionaire Says
The Financial Times reports that billionaire co-founder of Thoma Bravo, Orlando Bravo, said he was disappointed that some ethical standards in parts of the crypto industry are not at the same level "we're all used to in private equity." "The Hash" panel discusses the article and Bravo's views on bitcoin (BTC).
Interpol Issues Red Notice for Do Kwon: Report
Interpol has issued a red notice for Terraform Labs co-founder Do Kwon, according to Bloomberg. “The Hash” panel discusses what this means for the wider crypto ecosystem.
What Are Some Other Types of Distributed Ledger Technology?
Blockchain is not the only distributed ledger technology, what else is there? Plus, does an Ethereum proof-of-work fork make sense? Answers to these questions and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Can Tech Elites ‘Earn Enough Money to Insulate Themselves?’: A Conversation With 'Survival of the Richest' Author
Douglas Rushkoff, author of “Survival of the Richest: Escape Fantasies of the Tech Billionaires”, believes that tech billionaires are under the impression that "they can earn enough money to insulate themselves." Plus, the significance of creating value with bitcoin for people instead of solely focusing on the token's monetary value.
Dollar Strength a Symptom of Fed, They 'Outhawked the Hawks': Wave Financial
Wave Financial's Nauman Sheikh discusses his crypto markets analysis and outlook on the impact of the U.S. Federal Reserve's hawkish monetary policy.
Can Tech Giants Escape the ‘Apocalypse’ of Their Own Making?
Douglas Rushkoff, author of “Survival of the Richest: Escape Fantasies of the Tech Billionaires”, joins “First Mover” to discuss his latest book about tech elites’ attempt to escape the “apocalypse” of their own making. Plus, a conversation on cynicism and echo chamber paranoia.