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Bitcoin’s Inflows to Cryptocurrency Exchanges Surging
Bitcoin’s inflows to cryptocurrency exchanges are surging, according to Glassnode data. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Lyn Alden Schwartzer on Bitcoin’s Correction and Outlook
Lyn Alden Schwartzer, the founder of Lyn Alden Investment Strategy, discusses bitcoin’s outlook, inflation, and the good news about bitcoin she said that Elon Musk overshadowed.
Banking App Current Picks Polkadot for its DeFi Debut
Fintech firm Current announced that it will become more active in the Polkadot space. Current will serve as a validator on the Polkadot network and plans to integrate Acala, a Polkadot-based decentralized finance (DeFi) platform, into its banking app.
FTC Reports Tenfold Surge In Cryptocurrency Scams Year-Over-Year
Consumers have lost roughly $80 million to cryptocurrency scams since last October, according to a new Consumer Protection Data Spotlight released by the Federal Trade Commission (FTC). “The Hash” panel unpacks what to know about crypto scams and how to avoid them.
Venmo Reportedly Halting Some Payments Referring to Palestine
Paypal’s Venmo is halting transactions for some payments that refer to Palestine, according to Rest of World. A number of Venmo users say their payments to the “Emergency Palestinian Relief Fund” are stalled.
Coinbase Launching a Media Arm, Axios Reports
“The Hash” team digs into the evolving world of crypto media in light of a recent scoop from Axios that shows Coinbase is planning to launch its own media arm.
Fox Creating New Animated Blockchain Series With ‘Rick and Morty’ Creator Dan Harmon
Fox announced it is partnering with “Rick and Morty” creator Dan Harmon to develop a new animated series called “Krapopolis,” the entertainment giant’s first-ever animated series curated entirely on the blockchain. This coincides with news that Fox will launch “Blockchain Creative Labs,” a new non-fungible token (NFT) company.
Banks Take on Enterprise Blockchain; WeMade Entrusts Crypto to KODA
Banks are headlining blockchain and distributed ledger technology developments in Singapore as Deutsche Bank and Singapore and Hashtacs, or STACS, announce the completion of Project Benja, which tested an end-to-end bond lifecycle management. In Korea, game developer WeMade is entrusting its USD $130 million crypto holdings to the Kookmin bank-backed custody service KODA.