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Bored Ape Yacht Club Discord Server Hacked, $360K Worth of NFTs Stolen
The Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday, with the attacker stealing 200 ETH ($360,000) worth of NFTs. “The Hash” discusses the outlook for Discord after BAYC co-founder tweeted the social platform “isn’t working for Web 3 communities.”

‘Move-to-Earn’ App Stepn Suffers Cyber Attack After Upgrade
Stepn, a “move-to-earn” application on the Solana blockchain that rewards users in crypto from walking or jogging, suffered multiple distributed denial of service (DDOS) attacks following a recent upgrade. “The Hash” panel discusses the significance after users were recommended to “get some rest.”

NY Governor Hochul Expected to Sign Bitcoin Mining Moratorium
The New York State Senate passed a bill last Friday targeting proof-of-work (PoW) mining that now moves on to Governor Kathy Hochul for consideration. BaSIC President Clark Vaccaro discusses the potential outcomes, addressing lawmakers’ concerns about crypto’s carbon footprint.

Bitcoin Back Above $31K, Ethereum Merge Around the Corner
Osprey Funds Founder and CEO Greg King shares insights into institutional buying trends as BTC bounces back above $31,000 with most other major cryptocurrencies also trending higher. Plus, his take on Ethereum’s upcoming merge.

Yuga Labs Suffers Discord Server Hack, 200 ETH in NFTs Stolen
The Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday, with the attacker draining 200 ETH ($360,000) worth of NFTs. Josh Fraser, Origin Protocol co-founder, discuses the details of the hack, the potential security risks of Discord, and the future of Web 3 communities.

What to Expect From Consensus 2022 by CoinDesk
This week, CoinDesk’s Consensus 2022 festival gathers the brightest minds in the blockchain and the digital asset space in Austin, Texas. CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De shares a preview.

StepN Hit by DDOS Attack; S Korea’s Metaverse Studies
Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Bitcoin Mining Stocks Decline Over 50%
Bitcoin mining stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA) declined by more than 50% on average as BTC’s price slumped following last year’s bull run. Data suggests bitcoin supply held in miner addresses have mainly been net outflows since April. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

CFTC Sues Gemini Over Bitcoin Futures Case From 2017
The Commodity Futures Trading Commission (CFTC) sued Gemini Trust on allegations of “misleading statements and information” made by the exchange’s staff during their 2017 launch trading of a BTC futures contract. Jones Day Financial Markets Partner Josh Sterling discusses why the lawsuit is a “forward looking” lesson for crypto regulation.

New York Senate Passes Bitcoin Mining Moratorium, Citing Environmental Concerns
The New York State Senate passed a bitcoin mining moratorium, banning proof-of-work (PoW) mining operations powered by carbon-based energy sources for two years. CoinDesk’s Managing Editor of Technology Christie Harkin discusses what this means for the mining community in New York and beyond.
