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It’s Tax Week at CoinDesk: What to Look Out For
CoinDesk Managing Editor for Features, Opinions and Research Ben Schiller joins “First Mover” to discuss Tax Week at CoinDesk. Readers can expect to see op-eds from leading tax experts, guides to understanding crypto taxes in different jurisdictions like the UK and India, and insights into taxes for new trends like NFT minting.
Ethereum's Vitalik Buterin Explains Why He's Against Canada Invoking Emergencies Act and Blacklisting Crypto Wallets of Protesters
CoinDesk's Christine Lee speaks to Vitalik Buterin about the challenges of transitioning into Ethereum 2.0, gas fees, layer 1 competitions as well as his views on the Canadian trucker protests.
Skale CEO Announces $100M Ecosystem Grant Program
Skale Co-Founder and CEO Jack O’Holleran joins CoinDesk TV’s Christine Lee at the 2022 ETHDenver conference to announce the new $100 million grant program for projects in the Skale ecosystem, with a specific emphasis on blockchain gaming initiatives.
'OK Boomers': Nayib Bukele Responds to Bipartisan US Senate Proposal Raising Alarms Over El Salvador's Bitcoin Adoption
U.S. Sens. Jim Risch, Bob Menendez and Bill Cassidy proposed a new act that would require a State Department report on mitigating risks to the U.S. financial system from El Salvador's adoption of bitcoin as legal tender. The legislation quickly drew a sharp rebuke on Twitter from El Salvador President Nayib Bukele calling the senators "boomers." "The Hash" hosts dive into the history of Latin America and U.S. politics. The crew also discusses the essence of this legislation and how it's less about El Salvador and more about keeping the U.S. dollar the reserve currency.
Canadian Court Orders Freeze of 'Freedom Convoy' Crypto Accounts
The Canadian "Freedom Convoy" saga continues as an Ontario court ordered the freezing of funds in over 120 crypto addresses tied to bitcoin, cardano, ethereum, litecoin and privacy coin monero. "The Hash" co-hosts examine Canada's "surprising totalitarian measures" and Kraken CEO Jesse Powell's reactions.
NuMiner's 'Best in Class' Bitcoin Mining Rig Raises Red Flags
Many in the mining industry raised eyebrows when a previously unknown company, NuMiner, claimed to have created a bitcoin mining rig far superior to the industry standard. "The Hash" crew discuss the many new questions around the story, which Will Foxley says illustrates "this part of the industry still needing more maturation."
FBI Launches New Crypto Crimes Unit
The FBI is launching the National Cryptocurrency Enforcement Team (NCET), which will investigate ransomware and other crimes with tools including blockchain analysis. CoinDesk's Nikhilesh De discusses the regulatory and industry implications of the details released so far.
Polkadot Lead Developer on Building ‘Multi-Chain Future’
Shawn Tabrizi, lead developer at Polkadot network, a framework for connecting various blockchains, shares insights into Polkadot’s possibilities of building “a cohesive, multi-blockchain future.” Plus, exploring the vulnerabilities of blockchain bridges, the fundamentals of data privacy in the Polkadot ecosystem and why 2022 could be the year of the DAOs.
Bitstamp USA CEO on Crypto Markets, Partnership With E-Sports Organization Immortals
Crypto exchange Bitstamp USA CEO Bobby Zagotta discusses the macroeconomic factors impacting the crypto markets. BTC's price is showing "pretty remarkable resilience," he said, despite plummeting Thursday to below $41,000 in the biggest daily drop in four weeks. Plus, Jordan Sherman, CEO of e-sports organization Immortals, shares insights into its partnership with Bitstamp.
Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation
Axelar, a decentralized network connecting multiple blockchains, has closed a $35 million Series B funding round at a $1 billion valuation. Axelar Network CEO & Co-Founder Sergey Gorbunov shares insights into the raise, exploring the "complicated technology" of blockchain interoperability and its role in DeFi hacks.