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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.
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.
MicroStrategy Buys the Dip...Again
MicroStrategy announced the company bought another $15 million of bitcoin. "The Hash" panel discusses how CEO Michael Saylor continues to double down on BTC and the potential impact on the markets.
JPMorgan and Other Banks Plan to Issue Credit Cards to People With No Credit
A pilot program launched by JPMorgan and several major banks will issue credit cards to people with no credit scores. Instead of credit scores, the U.S. banks will share other customer data, including bank statements and other banking habits. "The Hash" panel discusses how it's connected to crypto and how traditional finance is changing in response to DeFi.
China’s Miners on Tesla’s Bitcoin 180; Animoca Brands: A Star is Born
Tesla’s Elon Musk backtracks on accepting bitcoin as payment for environmental reasons, and the Chinese mining industry reacts. A blockchain unicorn is born in Hong Kong as Animoca Brands raises $88 million in a new round of fundraising. Huobi Group launches a venture arm for blockchain and DeFi investments. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Meme Culture Driving Rise of 'Memecoins' in Asian Markets
Asian crypto exchange OKEx is listing various memecoins, including the dogecoin alternative Shib coin (SHIB). Lennix Lai, OKEx's Director of Financial Markets, joins "First Mover" to discuss the rise of memecoins in Asia and the impact of Ethereum creator Vitalik Buterin's massive memecoin donation on the markets. Plus, an update on OKEx's relationship with former CEO Star Xu.
Did Tesla's 180 on Bitcoin Payments Scare the Market?
Bitcoin prices dropped today after Elon Musk tweeted a statement indicating that Tesla would no longer accept bitcoin payments for its electric cars. Many in the crypto ecosystem blame Musk, but is the tweet really to blame for bitcoin's drop? And if it is, is it cause for concern that the behavior of individuals can so drastically impact the crypto markets? Kyle Samani of Multicoin Capital weighs in.
Bitwise's New ETF Gives Investors Exposure to "Picks and Shovels" of Crypto
Crypto asset manager Bitwise has launched an ETF that aims to give investors exposure to 30 of the top crypto and crypto-adjacent companies, including Coinbase and Microstrategy. Bitwise CIO Matt Hougan joins "First Mover" to discuss the company's new ETF "BITQ." Plus, Hougan shares his opinion on Coinbase, Bitwise's largest single holding in their new ETF.
BitMEX's Trial Date Set for Early 2022
Crypto exchange BitMEX has been in legal trouble for years, culminating in former CEO Arthur Hayes going on the run, but the law has finally caught up with BitMEX. A trial is slated to begin in March of next year. CoinDesk's Nik De breaks down what we know about the situation. Plus, an update on Diem and Tether.
Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq
Toronto-based bitcoin miner Bitfarms has received approval for common stock listing on the Nasdaq, something Bitfarms President Geoffrey Morphy says is a longtime dream that will help the company grow in the international market. Morphy weighs in on Bitfarms' expansion plans and the technological improvements Bitfarms has to make mining more eco-friendly.
