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Artist Reflects on Journey From the Traditional Art World to NFTs
NFT artist Bobby Lee joins "The Hash" to share his journey that led him from the traditional art world to the Web3 space. He weighs in on the state of the non-fungible token marketplace and how digital creators are adapting to the ever-changing art industry.
PEPE Drops 17% as Investors Are Spooked by Strange Transfers
PEPE is plummeting roughly 17% in the last 24-hours, as strange transfers spooked investors. More than 16 trillion tokens flowed out of the PEPE multisig wallet, shortly after on-chain sleuths noted troubling changes to the oversight of how that vault-like wallet handles transaction approvals. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Why Is Meme Coin PEPE Tumbling?
PEPE's price is plunging after millions of dollars worth of the meme coin flooded crypto exchanges on Thursday, drawing attention to strange action in the project's multisig, among the single-largest holders of the joke cryptocurrency. "The Hash" panel discusses the troubling changes to the oversight of a key wallet.
Vivek Ramaswamy Seen as Most Formidable Trump Challenger by Blockchain Bettors
Blockchain bettors didn’t appear to change their odds-making much as a result of Wednesday’s debate, but crypto betting platforms do show that Vivek Ramaswamy, a Bitcoin-friendly entrepreneur who won plaudits for his performance, has overtaken Florida Governor Ron DeSantis in the past week as the clear frontrunner to challenge Trump. "The Hash" panel discusses the intersection between crypto and the U.S. Presidential election.
Tornado Cash Devs Facing 'Scary Set of Allegations': Legal Exec
The crypto industry is grappling with Tornado Cash developers Roman Storm and Roman Semenov being charged with money laundering and sanctions violations. FalconX deputy general counsel Purvi Maniar says "it's very disappointing to see allegations that the benefits of the technology are being used in a negative way to violate U.S. law."
Powell Says Fed Is 'Prepared to Raise Rates Further if Appropriate' During Jackson Hole Speech
In his opening remarks for the Kansas City Fed’s Jackson Hole Economic Policy Symposium, Federal Reserve Chair Jerome Powell addresses the current state of inflation and why the central bank is "prepared to raise rates further if appropriate" in order to bring inflation down.
Tornado Cash Indictment 'Very Disappointing' for Crypto Industry: Legal Exec
Tornado Cash developers Roman Storm and Roman Semenov were charged with money laundering and sanctions violations earlier this week. FalconX deputy general counsel Purvi Maniar shares her reaction, explaining why it's "very disappointing to see allegations that the benefits of the technology are being used in a negative way to violate U.S. law." Plus, insights into FTX's bankruptcy case and the future of crypto regulation.
U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges
The U.S. Treasury Department published a nearly 300-page proposed rule for crypto tax reporting that unveils the definition of a "broker" in the digital asset space. Miners are exempt from the tax rules, but "some" decentralized finance platforms will not be, said the proposed guidance. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the highlights from the documents.
Powell's Jackson Hole Speech Will Likely 'Impact' Crypto Markets: Strategist
Bitcoin is trading around $26,000 ahead of U.S. Federal Reserve Chair Jerome Powell's speech at Jackson Hole. Sacha Ghebali, director of strategy and business development for The Tie, discusses what to expect from the annual economic symposium and its potential impact on the crypto markets.
Solana Foundation Strategy Head on Shopify Integration, Crypto Payments Outlook
Shopify customers can now pay in stablecoin USD Coin (USDC) via an integration with Solana Pay, the payment protocol on the Solana blockchain. Solana Foundation head of strategy Austin Federa discusses the partnership and USDC's benefits for merchants. Plus, what the future holds for crypto payment adoption and real-world use cases of the Solana ecosystem.
