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Axie Infinity Wins Big Funding Round
Axie Infinity, an online multiplayer game hosted on the Ethereum blockchain, has tens of thousands of monthly active users, and they're all interacting with the blockchain and NFTs. Sky Mavis' co-founder Jeffrey Zirlin joins "First Mover" to discuss the success of Axie Infinity, its recent $7.5M funding round, and how games can provide a more approachable entry point for newcomers to blockchain technology.
Bitcoin Rally on Pause, But Data Look Promising
Coin Metrics Senior Research Analyst Nate Maddrey breaks down how bitcoin is trading, bitcoin perpetual futures open interest, the hash rate, and market value to realized value ratio.
Dogecoin Trading Volume 'Exploding,' Surpasses Bitcoin
Coin Metrics data show Dogecoin’s trading volume has "exploded," even surpassing the trading volume of bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Are Institutions Storing Their Bitcoin Safely?
A report by global capital markets firm Opimas reveals there is room for improvement in cryptocurrency custody security. Opimas Analyst Suzannah Balluffi discusses the current state of institutional crypto holdings and cautions institutions need services that store their bitcoin more safely.
Tom Brady Has Laser Eyes for Bitcoin
Football superstar Tom Brady has updated his profile picture to have laser eyes, indicating his bullish outlook for bitcoin. "The Hash" panel discusses Brady's participation in the long-running meme and its potential impact on mainstream audiences.
Crypto Regulation Battles Are Finally Getting Mainstream Attention
The ongoing fight over crypto regulations has finally gone mainstream. The front page of the New York Times included a report on the state of federal regulations, lobbyists, and the SEC vs. Ripple case. “The Hash” panel discusses what the NYT article indicates about crypto’s mainstream attention and adoption.
Crypto Mining Firm Sells Norwegian Facility as Government Eliminates Power Subsidy
Hive Blockchain sold its mining facility in Norway after the government eliminated an electricity subsidy that provided tax relief for crypto miners. “The Hash” panel breaks down what this story indicates about the mining industry and its borderless approach to finding the most cost-effective mining locations.
Ransomware Attack Forces Major US Pipeline to Shut Down
A ransomware attack, apparently carried out by a criminal group over the weekend, forced Colonial Pipeline, which carries nearly half of the East Coast's gasoline and diesel, to shut down. CoinDesk's privacy reporter Ben Powers breaks down the situation and discusses how this demonstrates the fragility of online infrastructure and data pipelines.
After Musk Tried To Explain Dogecoin to ‘SNL’s’ Audience, the Literal Moon is Next Stop for DOGE
Elon Musk’s widely anticipated appearance on “Saturday Night Live” was met with mixed reactions. Some in the crypto community blamed his awkward performance for dogecoin’s drop, but others thought Musk’s performance spread awareness about crypto. “The Hash” panel breaks down Musk’s hosting gig and how it will impact crypto.
SNL Lights Too Bright for Dogecoin; ESG Investments Join Crypto
Dogecoin flops after Elon Musk’s “SNL” hosting gig while it drives historic trading volumes in Indian cryptocurrency exchanges. Cryptocurrency’s carbon footprint concern gives way to ESG investment opportunities. Introducing biometrics into China’s DCEP testing could up the level of privacy concerns already shown by some.