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Cross-Chain Wallet XDEFI Raises $6M to Take on MetaMask, Phantom
Following a $6 million funding round from leading blockchain VC firms and DeFi power users, XDEFI, a wallet that will allow users to interact with nine different blockchains, is looking to challenge incumbent MetaMask’s reign and newer upstarts like Phantom.
Grammy-Nominated Artist BT on Turning Album ‘Metaversal’ Into an NFT Treasure Hunt
BT, a Grammy-nominated trance artist and software designer, is launching "Metaversal," an NFT album and cryptographic treasure hunt. The programmatic album is being released as an 11-tiered auction on Origin Protocol's NFT Launchpad. BT breaks down how it all works, discussing the album, its user experience, unlockable NFTs, and the future of music.
Cardano Foundation CEO on Gaining Smart Contract Capability, 'Alonzo' Hard Fork
Open-source public blockchain Cardano's ADA token has skyrocketed over 1000% YTD. Behind this surge is the completion of the "Alonzo" hard fork, a major upgrade on the Cardano network that saw the implementation of smart contract functionality, paving the way for native decentralized applications (dapps). Cardano Foundation CEO Frederik Gregaard shares insights into what "Alonzo" means for development on the blockchain, the network, and the overall digital asset ecosystem.
China Crackdown Legal Concerns, Korea Discusses Virtual Asset Law
Crypto gets a new superstar - Mr. Goxx, the hamster. China's crypto crackdown raises legal concerns. Korea discusses new virtual asset law. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Eyes Biggest Monthly Price Decline Since May
Despite trading 2.8% higher Wednesday at $42,200, bitcoin is eyeing a 10% monthly decline, the biggest loss since May. Richard Johnson, founder and CEO of FINRA and SEC-registered broker-dealer Texture Capital, discusses his outlook for bitcoin, the potential impact of China's crypto ban on the markets, DeFi, and smart contract protocols.
Kraken to Pay $1.25M Fine After Settling Charges With CFTC
Crypto exchange Kraken will pay $1.25 million to settle charges with the Commodity Futures Trading Commission (CFTC). It offered illegal margined digital asset transaction services and did not register as a futures commodity merchant (FCM) with the regulatory agency.
Bitcoin Declines From Resistance, Approaches $40K Support
Bitcoin is trapped in a narrowing price range and is trading lower after sellers responded to resistance near $45,000. Support is nearby at $40,000, which could stabilize the pullback. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
CleanSpark CEO on Impact of China’s Crypto Ban on Mining, Global Markets
Following China’s move to make crypto mining explicitly illegal within its borders, Alibaba will stop selling mining equipment on its platforms, and Bitmain will halt all machine sales to mainland Chinese miners.
Vincere Wealth Exec.: ‘The Story of the Decade Is Bitcoin Adoption’
As bitcoin slides, Isaiah Douglass, management partner at financial advisor Vincere Wealth, discusses his crypto markets outlook, explaining why “the story of the decade is adoption in bitcoin.” Plus, insights into his client base, advice for investors, and his view that bitcoin is default insurance for fixed income investors.
Revolut Reportedly Ready to Launch Its Own Crypto Token
Revolut, a fintech company with a $33 billion valuation that offers cryptocurrency buying as part of its services, is looking to launch its own cryptographic token, with the timing subject to approval from U.K. regulators. “The Hash” squad discusses the industry implications for the latest potential exchange token jumping into the land of fintech.
