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Vitalik Buterin Burns $6B in SHIB Tokens to Relinquish Unwanted 'Power'
Ether creator Vitalik Buterin burned $6 billion in SHIB tokens he was gifted, claiming he did not want the power that came with owning half the available supply of SHIB. "The Hash" panel discusses Buterin's move and the scrutiny that many in the crypto community place Buterin under.
New Lawsuit Dunks on Dapper Labs’ NBA Top Shot NFTs
The NBA NFTs under scrutiny. A woman is suing Dapper Labs on allegations that the company’s NBA Top Shot “Moments” NFTs are unregistered securities. Is it a money grab or an opportunity to establish rules in the NFT space? “The Hash” panel debates.
Tax Day: What You Need to Know for Your Crypto Investments
Tax Day is here, but do you know how to report your crypto earnings and investments? Amy Kim, chief policy officer at the Chamber of Digital Commerce, joins "First Mover" to discuss some of the most common tax mistakes that crypto investors make and the rules and regulations that might impact your crypto investments.
‘Fear’ Gets the Best of Bitcoin; Youtube Hit ‘Charlie Bit Me’ is Now an NFT; KAWS Launches New Project That Accepts Cryptocurrencies
Bitcoin is tumbling with market sentiment shifting from FOMO to FUD. Singapore-based crypto exchange Bybit spots a rare negative Bitcoin funding rate amidst falling crypto prices, but NFT adoption is holding strong as the 2007 Youtube hit “Charlie Bit Me” gets tokenized on the blockchain.
Elon Musk's Tweets Send Bitcoin Price on Roller Coaster Ride; Opportunity for the Rise of Altcoins?
Bitcoin price plummets after Elon Musk hinted that Tesla may dump its bitcoin holdings. Lindsay Joo of Bitbull Capital weighs in on Musk's motivations and the potential upside opportunity for altcoins.
Bitcoin’s Environmental Challenge: Proof-of-Stake vs. Proof-of-Work
Tesla’s decision to stop accepting bitcoin payments due to environmental concerns has reignited the bitcoin energy debate. Will the proof-of-stake network be better for the planet? John Wu of Ava Labs weighs in on the debate and discusses Avalanche, a proof-of-stake blockchain that Wu sees as a complementary to Ethereum.
The Bitcoin Wallet Used by Colonial Pipeline Hackers Is Identified; Now What?
Is bitcoin really untraceable? As blockchain analytics firms such as Elliptic and Chainalysis show, bitcoin transactions are not as secret as some people think. CoinDesk’s Nik De breaks down the story of how Elliptic identified the bitcoin wallet used by DarkSide, the hacker group behind the Colonial Pipeline shutdown.
Supermodel Emily Ratajkowski Sells First NFT to “Reclaim” Her Image
Actress and model Emily Ratajkowski is auctioning her first NFT at Christie’s, in what she describes as an effort to reclaim control over her image. “The Hash” panel discusses digital ownership and NFTs as a form of empowerment.
There’s Now Almost Zero Correlation Between Dogecoin and Bitcoin
Dogecoin has taken on a life of its own. The memecoin used to be correlated with the price of bitcoin, but data gathered by CoinDesk’s research team shows the correlation between the two cryptocurrencies has dropped to nearly zero. “All About Bitcoin” host Christine Lee breaks it down in the Chart of the Day.
Understanding Elon Musk's Outsized Crypto Market Influence
One tweet from Elon Musk can send the crypto markets soaring or, in the case of Tesla's reversal on bitcoin payments, spiraling. Dogecoin has jumped 22 percent after Musk tweeted that he was working with developers to improve the memecoin's network transaction efficiency. Why does Musk have such an impact on the crypto markets? "All About Bitcoin's" Week in Review panel discusses. Plus, a discussion of Coinbase's first earnings report.