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What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
The Basel Committee is asking banks to increase capital requirements for bitcoin exposure, and the International Monetary Fund (IMF) is cautioning against bitcoin risks. U.S. lawmakers are also critical of bitcoin, with Massachusetts Senator Elizabeth Warren urging the government to confront crypto threats “head-on.”
BTC Rises Above $38K After Global Regulator Gives Greenlight to Banks to Hold Bitcoin and Other Digital Assets
Bitcoin hits highs above $38K early Thursday after The Basel Committee, which sets international banking standards, gives banks the green light to hold bitcoin and other digital assets. CoinDesk's Christine Lee breaks down the data.
Cryptocurrency’s Environmental Concern
Argo Blockchain CEO Peter Wall addresses bitcoin's growing energy problem in light of recent developments around El Salvador exploring volcano-powered bitcoin mining and China's continued crackdowns on bitcoin mining operations. Plus, his comments on Argo's recent stock performance and outlook.
Explosive Growth? El Salvador Explores Volcano-Powered Bitcoin Mining
Volcano-powered bitcoin mining goes from Twitter idea to official state policy in El Salvador, with President Nayib Bukele stating he would encourage volcano mining in the nation. He has instructed a state-owned geothermal electric company to make green energy available to do so. Is El Salvador becoming a bitcoin mecca? "The Hash" panel weighs in.
UK Financial Watchdog Warns ICO Crypto Is a Clone Company
Britain's financial regulator is warning users against clone company ICO Crypto, which has been identified as misusing details of a legitimate company, Swiss Re Capital Markets, to engage in phishing scams. "The Hash" panel takes a deep dive into the world of crypto scams.
You Can Buy More Things Than Ever With Crypto, but Should You?
"The Hash" team explores the pros and cons of using bitcoin as a form of payment.
Dapper Labs Unveils Flow-Native Stablecoin, 'FUSD', With Other ERC-20-Like Tokens to Follow
Dapper Labs, the creator behind the Flow blockchain and NBA Top Shot, announced Thursday it would launch a Flow-native stablecoin called FUSD. This is the first token on Flow that exists similar to how ERC-20-like tokens exist on Ethereum. "The Hash" team explores the new development and what it means for the DeFi space.
Meat Supplier JBS Paid $11M in Bitcoin to Hackers After Ransomware Attack
JBS USA Holdings Inc., the largest meat producer globally by sales, was hit with a ransomware attack and revealed that it paid hackers $11 million in bitcoin to solve the issue. "The Hash" panel continues the ongoing conversation around the role of cryptocurrency in ransomware, and the actions regulators need to take to resolve such attacks.
Bitcoin Price Rises Above $37K. What's Next?
The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.
eToro U.S. Chief on Expanding U.S. Hub to Miami; State of Crypto in Israel
Israeli-based exchange eToro plans to expand its U.S. hub in Hoboken, NJ, and build an additional branch in Miami, FL. eToro U.S. Managing Director Guy Hirsch joins "First Mover" to discuss what's in store. Plus, his main takeaways from the Bitcoin 2021 conference, how eToro is combatting the ransomware problem and the state of crypto in Israel.