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Putting it on the Diamond Chain: Tiffany and Co Reveals $50K CryptoPunk Pendant
Luxury jewelry brand Tiffany and Co. (TIF) is selling 250 customized, diamond-encrusted pendant necklaces for 30 ETH (around $50,000) each exclusively to holders of the famed avatar collection CryptoPunks. “The Hash” hosts discuss the significance of the luxury industry’s latest leap forward into Web3.
American Express Leads the Latest $8.4M Funding Round for NFT Platform OneOf
Sustainability-focused non-fungible token (NFT) platform OneOf has raised $8.4 million in a strategic funding round that included Amex Ventures, the venture capital arm of American Express. The credit card company will host an exclusive pop-up event that includes OneOf NFTs. “The Hash” panel discusses the outlook for corporate NFTs amid continued interest from TradFi titans.
Binance’s KYC Cost Exchange ‘Billions in Revenue,’ Says Compliance Officer
Three leading members of Binance’s compliance team opened up to Reuters about what it takes to deal with fraud, money laundering, terrorist financing and bad press for the world’s largest crypto exchange. “The Hash” team unpacks the report and what it reveals about Binance behind the scenes.
ETH Merge Delay Concerns; Buterin’s Clown Call
Concerns over Ethereum delays surface, while Tether CTO says it will be supported. Ethereum cofounder calls Bitcoin bull Michael Saylor ‘a total clown’ and Meta’s metaverse attempts will ‘misfire’. CoinFlex cuts staff to reduce costs by 60%. US FDIC issues advisory over crypto deposits and insurance. Report alleges S. Korean Busan Bank employee embezzles US$1.1 mln, invests in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Netgear Partners With SuperRare to Bring NFT Art Into the Physical World
Netgear, the company best known for its Wi-Fi routers, is teaming up with NFT marketplace SuperRare to showcase NFTs on Meural digital displays. SuperRare CEO John Crain and Netgear Head of Meural Poppy Simpson share insights into the partnership, saying "We've joined forces to pioneer a new standard for streaming royalties." Plus, their take on the current state of the NFT market and what's next for the art world.
Bitcoin Closed July Above $23K, Best Month Since October
Bitcoin climbed nearly 20% in July and closed above $23,000, recording its best month since October even as fresh U.S. economic data showed the Federal Reserve’s preferred measure of inflation rose to a new 40-year high in June.
Utah Congressional Candidate January Walker on Why Blockchain Voting Matters
U.S. midterm elections are coming up this November. January Walker, United Utah Party candidate for Utah's fourth Congressional District, shares insights into running against incumbent Republican Rep. Burgess Owens as a third party candidate and the role of blockchain technology in her campaign.
UK Court Releases Verdict on Craig Wright v Peter McCormack
A U.K. court ruled that Dr Craig Wright advanced false evidence in his defamation case against Peter McCormack, and the Australian scientist who claims to be Satoshi Nakamoto will receive damages of just £1. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De break down the latest of the trial.
Bitcoin Heading for Biggest Monthly Gain Since October
Bitcoin is heading for its biggest monthly gain since October, increasing roughly 19% in July. CoinDesk Markets Managing Editor Brad Keoun breaks down the Chart of the Day and explains how bitcoin is reacting to recession concerns in the wake of fresh economic data.
Will U.S. Recession Woes Impact Price of Bitcoin?
Bitcoin is flirting with $24,000 amid rising inflation and recession concerns. CoinDesk markets reporter Helene Braun joins “All About Bitcoin” to explain how politicians are defining a recession in this current economic environment. Plus, a closer look at how the Federal Reserve is impacting the crypto market.