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China
SEC Chair Gary Gensler to Appear Before Senate Banking Committee on Regulating Crypto
CoinDesk’s Nikhilesh De discusses what to expect from Tuesday’s Senate Banking Committee hearing as U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is scheduled to testify regarding the SEC’s role in crypto regulation. Plus, reactions to Gensler suggesting the SEC could ban certain Chinese companies from trading in the U.S.

FTX Hit by Hack Rumor, Korea Updates Crypto Death Note
FTX, Animoca Brands and Litecoin hit by fake news and scams. Korea issues updated crypto exchange death note. China NFT backlash grows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Chinese Financial Commentator Fired Over Crypto Comments: Report
Prominent voices have increasingly become the target of China’s crackdown on crypto.

China’s Hebei Province Launches Crypto Mining and Trading Crackdown
The northern Chinese province will be regularly monitoring IT systems for crypto mining activity.

Laos Authorizes Six Companies to Start Crypto Mining
The southeast Asian country banned crypto trading in 2018.

E-CNY Problems to Be Solved, China Sees Warning Over NFT Hype
People’s Bank of China outlines e-CNY problems to be solved. China opinion piece voices warning over NFT hype. Solana competitors on the rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Ethereum Hashrate Reaches All-Time High
Computing power on the network has rebounded from China’s mining crackdown as demand picks up.

Korea Crypto Damage Assessed, Initium’s News-Based NFTs Sells Out
South Korea’s crypto regulation damage is assessed. Initium media’s news-based NFT collection sells out. China’s Bitmain seals crypto mining deal with ISW Holdings. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Bitmain to Send 56,000 Antminers to US State of Georgia Under ISW Deal
It will cost $62 million to bring 200 MW to the Georgia facility.

Bitcoin Price Plunges, Metaverse Actions Heats Up in China
Bitcoin takes a plunge. A regulator says crypto crackdown is needed in Hong Kong. Metaverse action heats up in China. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
