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Interlay Launches New Layer 2 Network to 'Bring Back Builder Culture in Bitcoin,' Says CEO
Decentralized blockchain network Interlay announced the release of its Minimum Viable Product of Build on Bitcoin. Interlay co-founder and CEO Alexei Zamyatin discusses the new Bitcoin layer 2 network, sharing insights into the implications for the bitcoin community and the wider crypto ecosystem.
Komainu Exec on Winning Operating License in Dubai, Global Crypto Regulation Outlook
Komainu, the cryptocurrency custody joint venture of Nomura, Ledger and CoinShares, has received an operating license from the Virtual Asset Regulatory Authority (VARA) in Dubai. Komainu Head of Strategy Sebastian Widman discusses what this means for crypto in Dubai, institutional adoption, and the state of global crypto regulation.
What the U.S. August Jobs Report Means for Crypto
The U.S. added 187,000 jobs in August versus expectations for 170,000. Meanwhile, the unemployment rate for August was 3.8% versus forecasts for 3.5%. Bitwise Crypto Analyst Ryan Rasmussen discusses the data and the implications for the crypto markets. Plus, his take on the outlook for a spot bitcoin ETF in the United States.
U.S. Court Calls ETH a Commodity While Dismissing Suit Against Uniswap
A New York court is classifying ether and bitcoin as "commodities" while dismissing a proposed class action lawsuit against Uniswap filed by a group of investors in April 2022. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the Judge's dismissal of the case and what the ruling means for the SEC's ongoing lawsuit against crypto exchange Coinbase.
SEC Delays Decision on Latest Bitcoin ETF Applications After Grayscale Victory
The U.S. Securities and Exchange Commission (SEC) delayed until October a decision on all spot bitcoin exchange-traded fund (ETF) applications, according to agency filings on Thursday. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses the potential timeline for a firm decision to be made. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).
U.S. Court Calls ETH a Commodity; Binance to 'Gradually' End Support for BUSD Products
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories in crypto today. Elon Musk's social media platform, X, obtains money or currency transmitter licenses in seven U.S. states. A New York court is classifying ether and bitcoin as "commodities", what it means for a proposed class action lawsuit against Uniswap. Plus, the timeline for Binance ending support for its BUSD stablecoin.
Scores of Friend.tech Users Remain Active Even as Trading Volumes Drop 95%
According to data from Arkham, transactional activity on Friend.tech has slumped from $16 million on August 21 to just over $700,000 today. The decentralized social app has earned over $4.2 million in fees for creators. Total users of the platform have nearly doubled in the past week, according to data from Dune Analytics, but new users have steadily dropped over this period. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Former Co-Host Drops by 'The Hash'
Former co-host of "The Hash" Benjamin Powers, who is now a technology reporter at The Messenger, joins the panel one last time to discuss the state of crypto and how the industry has changed in the past two years.
Best of 'The Hash'
"The Hash" co-hosts Jennifer Sanasie, William Foxley, and Zack Seward reflect on some of the highlights of the show from the past two and a half years.
'Crack in SEC Crypto Foundation' Evident After Grayscale Win: Keith Miller
Perkins Coie Partner Keith Miller highlights the SEC's "bad two months," punctuated by legal setbacks such as the DC Circuit Court's ruling in favor of Grayscale. "The last two months have shown these decisions and particularly shown a crack in the SEC's crypto foundation," Miller states, suggesting a more favorable landscape for spot bitcoin ETFs. Grayscale and CoinDesk are both owned by Digital Currency Group (DCG).
