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China's Crypto Warning and Impact on Crypto Prices
China's warning about crypto investing is being blamed by many as the reason for this week's bitcoin slide, but Darius Sit, the co-founder of Singapore-based QCP Capital, says the warning is nothing new. Sit joins "First Mover" to discuss the Asian crypto markets and the latest market moves. Plus, he explains his cautious outlook on crypto in the second half of the year.
How Will a U.S. Treasury Department Proposal Affect Crypto Markets?
In a report released Thursday, the Treasury Department said it plans to require businesses to disclose crypto transactions over $10K to the IRS. CoinDesk's Nik De breaks down the proposal and explains its potential impact on the crypto markets. Plus, an update on the US Digital Dollar project.
Are Global Regulations on Exchanges Tightening?
Some in the crypto industry are calling for more regulation to help crypto companies and investors transact in a safer and more compliant way. Stephen Stonberg, the interim CEO of Bittrex, joins “First Mover” to discuss the impact of regulations on Bittrex and the products it offers, including tokenized stocks.
Crypto Market Rebound; Sotheby’s Next NFT Auction Targets Millennial Spenders
The total global cryptocurrency market cap bounces back and is flirting around $1.8 trillion. Experts tell Forkast.News that bitcoin is acting as a “safe haven” for the market, and ether’s long-term potential may be more attractive for some.
76er Danny Green Auctioning Off an NFT of His 2020 Championship Ring
NBA player Danny Green is getting into the NFT game. Green has partnered with NFT startup New Renaissance to create and auction an augmented reality hologram NFT of his 2020 championship ring. Green joins “First Mover” to discuss the project and his motivations for creating the NFT. “It’s not about the money,” Green said.
Crypto Startup 'Eco' Bringing DeFi to the Masses with A-List Celebrity Investors
Crypto banking app "Eco" closed a $26 million funding round in March, with A-list stars like Tiffany Haddish, Diddy, and Kevin Durant being among its investors. "The Hash" panel discusses how Eco works and the benefit of keeping its crypto products on the backend. Plus, how big-name investors like those involved in Eco's funding round influence the crypto space.
Dapper Labs Leads $1.14M Seed Round Investment in ‘Tibles’ NFT Platform
Tibles, an online collectible platform that will focus on pop culture and “geek” culture, is attracting big-name investors, including Dapper Labs. “The Hash” panel discusses Tibles’ structure and how it fits into the ever-changing and expanding world of NFTs.
Top Senator Wants OCC to Rethink Bank Charters for Crypto Firms
Senator Sherrod Brown (D-OH) is "concerned" about the banking charters granted to crypto firms Paxos, Anchorage, and Protego and has requested that the new acting OCC chief Michael Hsu reevaluate the issue and decisions by Hsu's predecessor, Brian Brooks. "The Hash" hosts discuss the potential impact for crypto regulation.
Flash Loan Attack Causes DeFi Token Bunny to Crash By 95%
It's a bad day for Bunny whales. A hacker used PancakeSwap to manipulate the DeFi Bunny market, causing it to crash by 95%. "The Hash" panel discusses what attacks like this mean for both new and old investors.
Is Crypto Miami for Real?
Miami is gaining more attention from the crypto community, and the city's mayor is selling it as a "cryptocurrency capital." How does the beach town set itself apart from other crypto hotspots such as Zug, Switzerland? "The Hash" panel discusses the so-called "meme strength" around Crypto Miami.