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Brian Brooks announced he resigned as Binance.US CEO after just four months on the job, citing “differences over the strategic direction” between him and his colleagues. His predecessor Catherine Coley has remained quiet since her replacement. "The Hash" panel discusses the possible reasons for Brooks' departure and whether Binance's intensifying regulatory pressures could have played a part.

Aug 9, 2021

Rep. Cynthia Lummis and other U.S. senators announced a compromise to the tax provision in the $1 trillion infrastructure bill Monday that would exempt crypto transaction validators from a broadened definition of “broker.” However, unless it receives unanimous consent before a final vote by Tuesday, the bill will likely be sent to the House as-is, without any amendments. "You need no senator to object to the adoption of this new language," host Naomi Brockwell said. "It's a very narrow path, and it's not clear whether this is going to be feasible."

Aug 9, 2021

“The Hash” hosts discuss the industry implications for Jeremy Allaire’s Circle, a neo-bank and stablecoin USDC issuer, intending to become “a full-reserve national commercial bank.” “This is an ambitious plan, but the idea of having an FDIC-insured digital asset bank would be very notable for the sector,” host Zack Seward said.

Aug 9, 2021

Digital asset infrastructure provider BitGo’s $4.5 million deal to be the custodian of cryptocurrency seized by the U.S. government fell through late last week. Instead, Anchorage, a smaller competitor, secured a more significant contract for $6.6 million.

Aug 9, 2021

The U.S. Senate is moving forward with a final vote on the $1 trillion infrastructure bill this week, despite no outcome being decided for any of the proposed crypto-focused amendments. This includes the bill not offering clarity on the definition of "broker." CoinDesk's Nikhilesh De discusses why the bill is likely to proceed as-is and the worst possibilities if it does.

Aug 9, 2021

Cardano’s Alonzo Purple upgrade begins onboarding users. Indian crypto exchange Unocoin offers bitcoin gift vouchers, and Axie Infinity growth continues. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Aug 9, 2021

FTX CEO Sam Bankman-Fried discusses why he doesn't think the proposed crypto provision will be amended in the Senate's $1 trillion infrastructure bill and its potential impact on the digital asset industry and the wider U.S. economy. "The way this is headed is that clarification on this is going to be sacrificed in order to get the bill moving forward," he said. Plus, his reading of bitcoin's "surprisingly bullish price movement" as it soared above $45K.

Aug 9, 2021

Teddy Fusaro, the president of crypto asset manager Bitwise, discusses his analysis and outlook for bitcoin as it rallied above $45,000. Plus, his take on market reactions to the US infrastructure bill. "It doesn't look great for what the short-term results are going to be of the effect of this lobbying effort, but it's impossible to ignore that the cryptocurrency community now has a voice," Fusaro said.

Aug 9, 2021

CoinDesk Managing Tech Editor Christie Harkin and "First Mover" Editor Brad Keoun debate a question related to the Ethereum hard fork: Is ETH burning similar to a bitcoin halving?

Aug 6, 2021

Bitcoin's price rose above $43,000 Friday for the first time since May, taking its year-to-date return to 48%. The Week in Review panel for "All About Bitcoin" discusses the week's top events that could have propelled bitcoin's rally, including Ethereum's London hard fork upgrade, growth in crypto ATM installations, and JPMorgan's in-house bitcoin fund launch.

Aug 6, 2021