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Discord Retreats on Crypto, NFT Implementation After User Backlash

Reacting to wide user protest, Discord Inc. has backtracked on considering linking its popular chat app to the Ethereum blockchain three days after it first teased the idea. “The Hash” team reacts, discussing what to make of the pushback from the gaming community.

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Sotheby’s to Allow Live Bidding in Ether for Works by Banksy

Sotheby's will allow live bidding in ether in an upcoming virtual exhibition Nov. 18 to be held at its "headquarters" in Decentraland. Auctioneer Oliver Barker will be fielding real-time bids for street artist Banksy's "Trolley Hunters" and "Love Is In The Air" (2006). "The Hash" hosts discuss the latest in the 277-year-old British auction house's ongoing experiment with crypto.

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Bitcoin Retreats From All-Time High, Ether Follows

Bitcoin is down 5% in the last 24 hours after peaking at an all-time high of around $68,950 Wednesday. Ether also reached an all-time high Wednesday, hitting $4,851, but is down a little over 2% on the day. Rich Rosenblum, co-founder and president of GSR Markets, discusses the potential factors driving lower prices.

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Removing BitLicense Is New York City Mayor-Elect Eric Adams’ ‘First Order of Business’

The next mayor of New York City, Eric Adams, has expressed his support for CityCoins’ NYCcoin program. Could Adams’ endorsement see some more pro-crypto amendments to New York’s controversial 2015 BitLicense regulations? “No doubt, [Eric Adams] is trying to get BitLicense [regulations] lessened or removed,” CityCoins’ Patrick Stanley said.

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Crypto Surges on US Inflation Rise, Korean Investors Win Damages

Tencent CEO sees opportunity in the metaverse. Crypto surges after the fastest US inflation rise in 30 years. Korean court rules in favor of hacked investors. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Miami Creating Digital Wallets, Giving Bitcoin Yield as Dividend to Residents, Says Mayor Francis Suarez

Pro-crypto Miami Mayor Francis Suarez shares insights into the city’s crypto ambitions as its MiamiCoin program has already generated some $20 million in less than three months. Suarez told CoinDesk for the first time, Miami will be the “first city in America to give a bitcoin yield as a dividend directly toward residents.”

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Why Rising Inflation Could Be Good for Bitcoin

Bitcoin rises to a fresh all-time high after the U.S. Bureau of Labor Statistics releases the October consumer price index (CPI) number, the highest since 1990. CoinDesk's Galen Moore discusses why the inflation increase "would be good for bitcoin," adding "[inflation] tends to seem to drive bitcoin and the stock market apart." Plus, reasons behind Coinbase's user numbers and revenue decline for the third quarter.

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Where Is Bitcoin Headed Next After Closing in on $69K?

Bitcoin broke $69,000 on some exchanges for the first time. Chief Business Officer at Blockchain.com Lane Kasselman discusses the potential catalyst behind the price surge and the possible headwinds for bitcoin ahead. Plus, insights into his firm's growth and noteworthy statistics as it celebrates its 10th anniversary.

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Bitcoin Rallies to New Record High After CPI Release

New data on bitcoin's hourly price chart shows a rally to new record highs in the wake of a hotter-than-expected October reading in the U.S. consumer price index (CPI). The report showed the cost of living in the U.S. rose 6.2% in October from a year earlier, the fastest since 1990. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Hits New All-Time High as Inflation Spikes 6.2% in October, Highest CPI Number Since 1990

Bitcoin has hit a new record high of $69,000 in some exchanges after the U.S. consumer price index jumped 6.2% in the last 12 months through October, the highest rate since 1990. “The Hash” team discusses what rising inflation could mean for bitcoin crypto markets and the overall financial sector.

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