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Bitcoin Briefly Passes $24K for First Time in August
Bitcoin briefly broke the $24,000 mark on Monday after a positive weekend of trading. The uptick in BTC's price was not accompanied by strong volume as has often been the case in previous rallies. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
TRM Labs Exec on Crypto Mixer Tornado Cash Blacklisted by US Treasury
The Treasury Department has banned all Americans from using decentralized crypto-mixing service Tornado Cash. TRM Labs analysis shows North Korean cybercriminals used the service to launder funds in all 10 of their most recent heists, including the $620 million Ronin Bridge hack. TRM Labs Head of Legal and Government Affairs Ari Redbord explains why this is a "watershed moment" for crypto.
Novogratz’s Galaxy Digital Reports $554.7M Net Loss in Q2
Galaxy Digital reported a second-quarter net loss of $554.7 million, which was more than triple the loss from the same period last year. The firm said that the larger loss mainly stemmed from the market downturn and investments in Galaxy’s trading business. “The Hash” panel discusses the turbulent market and an outlook into Galaxy’s future.
UAE Cracks Down on Crypto Real Estate Money Laundering
The government of the United Arab Emirates (UAE) stated on Monday that real estate agents will have to alert money laundering authorities of any property sales paid for in crypto. “The Hash” panel discusses what this means for crypto adoption and regulation in the UAE.
Avalanche and Stellar Lumens’ Tokens Spike After Robinhood Listing
Robinhood’s new addition of Avalanche’s AVAX and Steller Lumen’s XLM on Monday pumped both tokens’ prices. “The Hash” panel discusses what this means for Robinhood after the company's crypto division was fined $30 million by the New York State Department of Financial Services.
Americans Banned From Using Crypto-Mixing Service Tornado Cash
The U.S. Treasury Department banned all Americans from using decentralized crypto mixing service Tornado Cash on Monday. The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds. “The Hash” panel discusses what this means for online privacy in the crypto space.
Investigating ‘The Hackening’; Crypto Market Inflows Up
Why are cross-chain bridges so attractive for hackers? We take a deep dive with Chainalysis. Crypto market inflows on the up. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Former Federal Prosecutor on US Crypto Regulation Outlook
Grant Fondo, Goodwin Partner and former federal prosecutor, discusses the outlook for the U.S. crypto regulatory landscape amid an ongoing turf war between the CFTC and SEC. Which entity might be the most effective in offering regulatory clarity?
Bitcoin Climbs Above $24K Amid Optimism in US Equities Market
CrossTower Co-Founder and CEO Kapil Rathi discusses his crypto markets analysis and outlook as bitcoin crosses $24,000 and Wall Street looks to build on three weeks of gains for S&P 500. Plus, his take on the ongoing Binance, WazirX dispute.
Tron Founder Justin Sun on Ethereum Merge, USDD Stablecoin Outlook
Tron Founder Justin Sun discusses his support for Ethereum's proof-of-work (PoW) hard fork as the blockchain is expected to transition to a proof-of-stake consensus mechanism, an event known as The Merge. Plus, how Tron-based algorithmic stablecoin USDD will become the "first stablecoin in the EthereumPOW ecosystem" and thoughts on crypto winter.