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TradeStation Exec: Paradigm Shift in Labor Market Could Have Contributed to ShapeShift’s Shutdown
James Putra, TradeStation Head of Innovation Labs, discusses crypto leader ShapeShift decentralizing its corporate governance as signaling a paradigm shift to mobile labor forces. “The labor markets have fundamentally changed,” Putra said, adding, “[you] can earn a good income and not have to be tied to one central vehicle.”
India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon
Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandwagon. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Erik Voorhees on Why ShapeShift Is Shutting Down
Erik Voorhees, ShapeShift founder and CEO, discusses why the crypto trading pioneer is transforming from a traditional equity-based VC-backed corporate entity to a decentralized autonomous organization (DAO). “Regulatory friction absolutely has a part in this decision,” Voorhees said. Plus, what’s next for ShapeShift’s shareholders, employees, and customers.
Short-Term Return on Investment: Bitcoin Down 40%, Gold Remains Resilient
Is gold or bitcoin a safe-haven asset? Over the past few months, bitcoin’s returns have declined nearly 40%, while gold’s returns have only fallen roughly 1%. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Paraguay to Join El Salvador in Bitcoin Adoption?
El Salvador’s bitcoin adoption appears to be influencing lawmakers across Latin America to begin exploring their own crypto strategy. Paraguay is unveiling a crypto bill, but its proposed laws are nothing like those of El Salvador. Juanjo Benitez Rickmann, CEO of Bitcoin.
Arca CIO: ‘No Bad Time to Buy Bitcoin’
Data shows bitcoin is one of this year’s worst-performing digital assets, but Jeff Dorman, CIO of crypto-asset manager Arca, says he still has a bullish outlook.
Compass Mining Inks Multi-Year Deal With Nuclear Fission Startup Oklo for Clean Energy
Compass Mining has signed a 20-year deal with nuclear fission firm Oklo to supply the bitcoin mining company with clean and cheap energy. “The Hash” panel discusses the novel twist on clean sources of power as the industry seeks solutions to its environmental challenges.
Why Is ShapeShift Shutting Down?
Crypto trading pioneer ShapeShift is closing its doors, handing over its legacy to a decentralized autonomous organization (DAO) controlled by holders of its FOX token. In the process, it will airdrop $98 million in crypto to decentralized finance (DeFi) investors.
Binance-Backed Travala’s Q2 Revenue Surges 141%
Binance-backed blockchain-based travel company Travala announced its Q2 revenue rose 141% over the past three months amid a rebound in global travel. “The Hash” hosts discuss Travala potentially driving crypto and blockchain tech mainstream as it gets traction in the travel industry.
European Central Bank Moves to Start Digital Euro Project
The European Central Bank (ECB) said Wednesday it would move from discussion to exploration in its plans to develop a eurozone central bank digital currency (CBDC). “The Hash” panel discusses the outlook for the digital euro, raising concerns over privacy and financial sovereignty.