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Stripe to Add USDC Stablecoin Payments Via Polygon
Payment processor Stripe is tapping Polygon to enable their customers to make payments using USDC stablecoin. “The Hash” group discusses Twitter’s role as the first company to test this feature, Stripe’s involvement in the crypto space and the broader use cases of stablecoins for payments.
NBA Top Shot Whale Launches NFT Lending Platform 'Flowty' With $4.5M in Funding
Michael Levy, one of the first large investors in the NBA Top Shot NFT project, has raised $4.5 million in funding to launch a peer-to-peer NFT lending marketplace on the Flow blockchain called Flowty. “The Hash” group discusses the potential of the NFT lending space and the difference between Flow and other base layer chains like Ethereum and Solana.
Kevin O’Leary Calling Twitter ‘Hell on Earth’ for Shareholders
Shark Tank Co-Host and WonderFi Strategic Investor Kevin O’Leary discusses tech billionaire Elon Musk’s ambitions to purchase social media platform Twitter. O’Leary highlights the Twitter shareholder frustrations due to years of zero profit, describing the company as “the definition of hell on earth.”
Crypto Industry Looks to the UAE; Crypto’s Environmental Concerns
South Korea approves fifth cash-to-crypto exchange. Crypto-friendly regulations see industry players setting their sights on the UAE. Earth Day report on the effects of energy-intensive blockchain technology on the environment. Pudgy Penguins mystery map sends NFT sales soaring. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
New York Man Arrested for Alleged $1.8M Crypto Mining Scam
CoinDesk U.S. Regulatory Reporter Cheyenne Ligon discusses a recent arrest made by the Federal Bureau of Investigation of 37-year-old Chester “Chet” Stojanovich for an alleged $1.8 million crypto-mining scam. Ligon explains the details of this case and the extent to which Stojanovich lied to his customers.
Earth Day 2022: Kevin O’Leary Discusses Crypto Mining and ESG
Kevin O’Leary discusses regulatory concerns regarding the environmental impact of crypto mining as the world observes Earth Day. O’Leary explains how projects like Bitzero in Norway are utilizing renewables like nuclear and hydro power. Plus, a conversation about the Canadian political landscape and the country’s crypto ecosystem.
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
Trust company Anchor Digital was cited recently by the Office of the Comptroller of the Currency (OCC) for failing to properly incorporate an anti-money laundering procedure in 2021. CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how the firm will comply with the Bank Secrecy Act moving forward.
Huobi Exec on Crypto in China Following Crypto Ban
Huobi Financial Officer Lily Zhang discusses her crypto markets analysis and outlook, sharing insights into the state of digital assets in China following the country's crypto ban. Plus, the impact of rising rates on markets and reactions to Tron's Justin Sun announcing the launch of decentralized algorithmic stablecoin USDD.
Hex Trust CEO on State of Crypto in Asia and Expansion Plans
Hex Trust CEO and Co-founder Alessio Quaglini discusses current trends in the Asia crypto markets, noting the regional impact of the China ban. Plus, a conversation about what Hex Trust plans to do with the $88 million the firm recently raised for crypto custody focused on the gaming sector.
US Sanctions BitRiver; Apecoin Steals Doge’s Thunder
Russian crypto miner BitRiver added to U.S. sanctions list. Chinese court says NFT marketplaces obliged to review copyright. Apecoin takes the spotlight as “Doge Day” fails to shine. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
