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Binance Under Fire; Internet Giant Naver Takes on South Korea’s CBDC
The Asian crypto industry reacts to the US Department of Justice and Internal Revenue Service money laundering probe into Binance. In South Korea, the nation’s largest internet company plans to join Bank of Korea’s CBDC ventures. Over in Singapore, Southeast Asia’s largest lender DBS Bank expands its crypto services for its private bank clients by launching a crypto trust solution. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Lolli CEO Talks Bitcoin, the Research Triangle Raleigh-Durham-Cary Emerging As America’s Next Crypto Hub and More
Raleigh-Durham, North Carolina is already a top tech city, but could it also become a top crypto industry hub? North Carolina native, Lolli CEO Alex Adelman, discusses his upbringing and how his proximity to the Research Triangle paved the way for his journey to bitcoin and Lolli.
Charlotte, North Carolina as a Bitcoin City?
Bitcoin Charlotte founder Jacob Parrish and Old North Capital Fund founder and CEO David Seroy discuss the importance of bitcoin in a prominent banking city like Charlotte, North Carolina, and how it fits into the existing landscape of traditional finance.
Shiba Inu Trends in Chinese Social Media; Indonesia Mulls Crypto Tax
The meme coin craze takes Asia by storm as SHIB goes for best in show. A plan to tax crypto trading is being floated in Indonesia. Virtual is the new reality as Zepeto partners with The Sandbox to launch NFTs. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt
“All About Bitcoin” host Christine Lee breaks down the chart tweeted by Elon Musk Thursday, with bitcoin’s annualized estimate electricity consumption being approximately 150 TWh, or about the same size consumed by Malaysia or Egypt.
Elon Musk, Bitcoin and the Ongoing Energy Debate
Responding to Elon Musk calling the bitcoin energy usage trend “insane,” CleanSpark CEO Zach Bradford sheds light on the ongoing debate about cryptocurrency and energy consumption.
New Constructs: Coinbase Stock Could Fall to $100
Coinbase shares (COIN) have fallen over 30% since going public in April. New Constructs CEO David Trainer explains why he expects the share price to go down even further to $100.
Vitalik Buterin's Re-Gift of Shiba Inu Coin Sends Memecoins Plummeting
The creator of Ethereum, Vitalik Buterin, sent memecoin prices spiraling after he made a massive donation of an unsolicited dogecoin knockoff, Shiba Inu (SHIB), to charity. "The Hash" panel discusses the impact of Buterin's move on the crypto markets.
Elon Musk Says Tesla Suspending Bitcoin Payments, Citing Environmental Concerns
In a reversal, Tesla CEO Elon Musk says the electric car manufacturer would no longer be accepting bitcoin payments due to environmental concerns. The price of bitcoin and other cryptocurrencies dropped in response. “The Hash” panel debates the timing and what’s really behind Tesla’s U-turn.
Privacy Browser Brave Integrates .Crypto Blockchain Domains
The Brave privacy browser announced an integration with .crypto blockchain domains, which will expand access to Web 3.0. CoinDesk privacy reporter Ben Powers breaks down what this integration means for Brave users, as well as the value of a blockchain-based DNS.