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Rep. Davidson on Role of Crypto Mining in Upcoming Elections
Rep. Warren Davidson (R-Ohio) discusses his outlook on the role crypto mining will play in the upcoming election. Plus, the Congressman reacts to presidential candidate Robert F. Kennedy Jr. voicing his thoughts on the White House's effort to establish a punitive tax on crypto mining in the U.S.

Nearly $275 Million in Ether Burnt This Month Amid Deflationary Trend
During the last month, over 143,830 ether worth $275 Million has been burnt, according to tracker ultrasound.money. The network is forecasted by the tracker to burn 2,441,000 ether this year, or approximately $4.5 billion worth. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

Sotheby’s to Auction Off More NFTs Seized From 3AC, Including Landmark Dmitri Cherniak Work
Sotheby's is set to auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing high-value NFTs like Dmitri Cherniak's Ringers #879 (often referred to as "The Goose") out from the vault for the first time since 2021. "The Hash" panel discusses the latest move potentially bringing crypto and digital collectibles to the mainstream.

BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs
Bitcoin Miladys, the Bitcoin-based derivative of the popular Miladys NFT collection, introduced its BRC-721E token standard in collaboration with Bitcoin-based NFT marketplace Ordinals Market and Bitcoin wallet Xverse. The token standard is said to act as a bridge between the Ethereum and Bitcoin networks, allowing traders to convert their ERC-721 NFTs to BRC-721E tokens on Bitcoin. "The Hash" panel discusses what this means for the future of NFTs and bitcoin.

Nansen Cuts 30% of Staff To Reduce Expenses; Binance Says it Needs to 'Focus on Talent Density'
Nansen, a blockchain data analytics platform, announced a 30% reduction in headcount on Tuesday as it looks to cut costs alongside a continuing slump in cryptocurrency markets. Meanwhile, crypto exchange Binance said it needs to "focus on talent density across its organization" as it responded Wednesday morning to a report of job cuts. "The Hash" panel discusses what to make of the continued crypto layoffs in the latest fallout of the ongoing bear market.

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?
"The Hash" hosts unpack the results of a wager made between Joe Lubin, co-founder of Ethereum and the founder of ConsenSys, and bitcoin advocate Jimmy Song, at CoinDesk's Consensus 2018 conference that hinged on how far Ethereum adoption would get by now.

SEC Settles Insider Trading Charges With Former Coinbase Employee
The U.S. Securities and Exchange Commission settled charges with a former Coinbase (COIN) product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments.

Astaria CTO on NFT Lending Platform Roll Out to Public
Non-fungible token (NFT) lending platform Astaria is launching publicly after a lengthy closed beta period. Joseph Delong, CTO at Astaria, joins "First Mover" to discuss the state of NFT lending and why the platform allows NFT holders to lease their assets to traders who may not be able to afford a blue-chip NFT in a single purchase.

Bitcoin Slumps Back Towards $27K as Fed's Mester Favors Unabated Tightening
Bitcoin (BTC) ran into selling pressure after a top Federal Reserve official said there is no compelling case to halt the liquidity tightening. CoinRoutes CEO and co-founder Dave Weisberger shares his crypto markets analysis as the House is slated to vote on a debt ceiling bill.

Rep. Davidson on Debt Ceiling Outlook, State of Crypto Regulation
The U.S. debt limit deal is approaching a vote in the House, after passing a key test on Tuesday. Rep. Warren Davidson (R-Ohio) joins "First Mover" to discuss the potential impact of the deal and his outlook on crypto regulation in the U.S.
