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Bitcoin Now Legal Tender in El Salvador, Marking World First

Bitcoin's price fell 11.3% Tuesday as the cryptocurrency officially became legal tender in El Salvador, three months after the Bitcoin Law passed the country’s legislature. President Nayib Bukele tweeted he was “buying the dip” with “150 new coins added." The team of "The Hash" discusses El Salvador leading the world into bitcoin and the implications for the crypto community, global economy and beyond.

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Former Libra Director Joins Polkadot Builder

Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, as COO. "The Hash" group discusses what this could signal about the future of Diem and Polkadot and the possible impact on stablecoin regulation.

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FTX.US Launches NFT Minting Platform

Crypto derivatives exchange FTX launched a minting platform Tuesday for non-fungible tokens (NFTs) on its U.S. arm, FTX.US. Founder and CEO Sam Bankman-Fried's "Test" NFT sold for $270,000. "The Hash" squad discusses the potential outlook for digital collectibles and FTX as it becomes the latest crypto exchange to dabble into the booming NFT market. 

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Valkyrie CIO on Bitcoin as BTC Becomes Legal Tender in El Salvador

Bitcoin is now officially a legal tender in El Salvador. The cryptocurrency is declining after testing resistance near $52,000 on Monday, with initial support seen at the $50,000 breakout level. Steven McClurg, CIO and co-founder of asset management firm Valkyrie, discusses his crypto markets analysis and outlook. Plus, his take on altcoins and bitcoin ETFs.

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What Could Liquid Exchange Do Now to Prevent Future Crypto Hacks?

Seth Melamed, COO of Liquid Group, discusses Liquid Exchange’s $90 million hack and measures the firm is taking to prevent hacks like this from happening again. Plus, his reasons why he doesn’t think El Salvador’s bitcoin law is sustainable and whether he foresees Asia potentially adopting BTC as legal tender.

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SEC Reportedly Investigating Uniswap Labs

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating the developer of decentralized exchange Uniswap. The regulator is allegedly seeking information about how investors use it and how it is marketed. CoinDesk’s Nikhilesh De discusses the potential outlook for DeFi regulation following the latest sign indicating U.S. regulators intend to wield greater oversight.

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Solana Hits All-Time High, FTX’s NFT Marketplace Spammed

Solana hits an all-time high. FTX’s NFT marketplace spammed. Kim Kardashian called out over crypto speculation. 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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Voyager Digital CEO on $900M Token Swap and Merger

Voyager Digital CEO Stephen Ehrlich discusses what's next for his crypto brokerage company following the $900 million token swap between its original VGX token and LGO, a token originating from a French digital asset exchange that his firm acquired last year. Plus, insights into why he expects an uptrend in bitcoin's price in September and throughout the rest of the year, institutional investments, and regulatory concerns.

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The Difference September Makes for Bitcoin

If history is any indication, September may not be the best month for bitcoin, but other months look great. How do the months compare one to another over the years? The pattern may surprise you. Michael Casey breaks down the Chart of the Day.

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The Latest NFT Fad Is a Text-Based Fantasy Game Building Block

“The Hash” squad discusses the evolving world of non-fungible tokens (NFTs), with the latest craze among the simplest and the strangest yet: “Loot: (for Adventurers),” a text-based NFT side project from social media network Vine co-founder Dom Hofmann, that randomly generates a list of items ostensibly intended for players of a fantasy video game.

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