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Crypto lending platform BlockFi has received an order from New Jersey’s acting attorney general (AG) to halt its Interest Account (BIA) operations in the U.S. state. CoinDesk’s Nikhilesh De discusses the implications for BlockFi and its clients. Plus, his take on Circle’s breakdown of its assets backing the stablecoin USDC.

Jul 21, 2021

FTX closes record US$900 million Series B funding round. China Mobile gets hot wallet currency management system patent. DTravel’s decentralized home-sharing platform hits 200,000 listings. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Jul 21, 2021

Bitcoin’s seven-day volatility has declined further this week, recording its lowest level since October 2020. Arcane Research says the volatility is declining as bitcoin converges toward the low end of its two-month consolidation range, concluding that a spike in price seems imminent at this critical level.

Jul 20, 2021

“Bitcoin Boomer” Gary Leland, the founder of the BitBlockBoom Bitcoin Conference, discusses why European Union (EU) policymakers proposing tighter regulation of crypto transfers is “not that big of an issue.”

Jul 20, 2021

Responding to some media outlets reporting bitcoin is due to wipe out all of its 2021 gains, Joshua Lim of digital currency prime broker Genesis discusses his assessment on bitcoin’s price direction, noting the potential correlation to Tesla draining its 2021 gains.

Jul 20, 2021

As central banks around the world race to establish a CBDC, Republican senators Marsha Blackburn, Cynthia Lummis and Roger Wicker are calling on the U.S. national team to effectively boycott China’s digital currency at the 2022 Winter Olympics in Beijing, citing privacy concerns. “CBDC nationalism could get really ugly,” host Zack Seward said.

Jul 20, 2021

Non-fungible token (NFT) marketplace OpenSea is the latest crypto unicorn with a total valuation of $1.5 billion after a $100 million Series B round that closed Tuesday, led by Silicon Valley’s best-known VC, Andreessen Horowitz (a16z).

Jul 20, 2021

The eastern European country of Georgia is partnering with Norway-based blockchain trading platform WiV Technology to put some of its wine on the blockchain, enabling investors and enthusiasts to track provenance and buy and sell associated NFTs. “How do you transfer real-world things to the blockchain?” host Naomi Brockwell asked.

Jul 20, 2021

In its latest attestation report, global payments company Circle revealed Tuesday about 61% of its stablecoin USDC is backed by “cash and cash equivalents,” meaning cash and money market funds. “The Hash” panel discusses Circle’s breakdown of its asset reserves, at least partially answering swirling questions about how USDC is supported.

Jul 20, 2021

According to The Washington Post, Israeli technology firm NSO Group’s military-grade spyware “Pegasus” was used to hack phones of journalists, activists, politicians, and two women close to murdered Saudi journalist Jamal Khashoggi.

Jul 20, 2021