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University of Toronto Researcher: El Salvador's Bitcoin Experiment 'Tells Very Concerning Story'
The Citizen Lab at the University of Toronto's Munk School has published a research paper investigating the Pegasus spyware hacking of media and civil society in El Salvador. Senior Researcher John Scott-Railton shares insights into the key findings. "What has been happening in El Salvador on the technical side tells a very concerning story," Scott-Railton said. Plus, what's the appeal of El Salvador President Nayib Bukele?
What to Expect From Bitcoin Mining Hearing on Capitol Hill
The Subcommittee on Oversight and Investigations of the Committee on Energy and Commerce will hold a hearing Thursday to discuss the energy impact of blockchains. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De shares a preview.
What Crypto Startups Is FTX Planning to Invest In With New $2B Venture Fund?
Crypto derivatives exchange FTX has set up FTX Ventures, a $2 billion fund to invest in crypto-industry startups. The full funding came from FTX and its founder, Sam Bankman-Fried. Amy Wu shares insights into FTX Ventures and what investment opportunities she’s continuing to watch.
An NFT Restaurant Soon to Open in New York City
VCR Group, a hospitality and restaurant group that includes serial entrepreneur Gary Vaynerchuk, is opening a luxury “seafood-inspired” dining club in Manhattan in 2023. To gain access to “Flyfish Club,” members must have a flyfish non-fungible token (NFT).
Betting on Web 3, Microsoft to Acquire Activision Blizzard for $68.7B In Biggest Gaming Deal in History
Microsoft is buying video game company Activision Blizzard, the maker of “Call of Duty,” for nearly $69 billion in a potential bet on Web 3. This comes amid gamers turning their backs on non-fungible tokens (NFTs).
Crypto.com’s Stolen Ether Being Laundered via Tornado Cash
The $15 million in ether (4,600 ETH) stolen from Singapore-based Crypto.com is currently being laundered via Tornado Cash, an ETH mixing protocol, according to on-chain data. "The Hash" team discusses the latest hacking victim of 2022 and the revelations about the potential role of money laundering in mixing services.
Binance Partners With Gulf Energy, Polygon’s Upgrade Live
Binance partners with Gulf Energy to establish a Thai crypto exchange. Korean public broadcaster opens metaverse studio for election. Polygon’s mainnet upgrade goes live. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
What Is Bitcoin Headed Next After It Sustains $40K Support?
Edward Moya, a senior market analyst at OANDA, discusses bitcoin’s next move as it sustains $40,000 support and his take on the correlation between macro trends in the crypto markets and stock markets.
Brian Brooks on Crypto Regulation: 'Why Do We Feel the Need for More Constraint vs. More Innovation?'
Brian Brooks, former Acting Comptroller of the Currency and current CEO of bitcoin mining firm Bitfury, discusses his views on the potential problems with an increased focus on U.S. stablecoin and crypto regulation from lawmakers. "Why can't we let the existing regulatory regime work?" Brooks said. "Why do we always feel the need for more constraint versus more innovation?" Plus, his take on Trump-era crypto policy and the energy impact of blockchains.
Korean Lawmaker Accepts Crypto; Australian Open Enters Metaverse
Chinese University launches virtual campus. Korean lawmaker accepting crypto donations. Australian Open welcomes virtual visitors to metaverse experience. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”