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'Bitcoin Request for Comment' Tokens Skyrocket to $137M in Market Value

Interest in "Bitcoin Request for Comment," or BRC-20, tokens built with Ordinals and stored on the Bitcoin base blockchain, has skyrocketed, lifting their market value by several hundred percent. "The Hash" panel discusses the latest development making waves in the Bitcoin community.

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Sports Illustrated Unveils NFT Ticketing Platform on Polygon

U.S. sports media company Sports Illustrated is launching a non-fungible token (NFT) ticketing platform called "Box Office" built on the Polygon network, an Ethereum scaling tool. "The Hash" panel discusses the future of NFT ticketing and live entertainment powered by blockchain technology.

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DCG's CFO Resigns as Crypto Conglomerate Repays $350M Loan

Crypto conglomerate Digital Currency Group (DCG) said Chief Financial Officer Michael Kraines stepped down in April and revealed that it fully repaid a $350 million senior secured term loan during the first quarter. "The Hash" panel discusses the industry implications. DCG is the parent company of CoinDesk.

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Coinbase and Gemini Open Offshore Crypto Derivatives Exchanges

U.S.-based crypto trading firm Coinbase is opening a derivatives exchange in Bermuda as part of an international expansion plan that comes as the publicly traded company faces regulatory headwinds at home. Gemini also announced the launch of its own international crypto derivatives exchange. "The Hash" panel discusses what this suggests about the state of crypto business operations and regulation in the U.S.

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New Report Sheds Light on Korean Crypto Market Trends

A new report from Matrixport reveals there is a dominance of altcoins in South Korea currently. Matrixport's Head of Research and Strategy Markus Thielen breaks down which of these tokens are translating into success outside of Korea, citing Ripple's XRP and Aptos Labs' APT token.

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Poloniex Agrees to $7.6M Settlement With OFAC

Poloniex LLC, a U.S. entity previously affiliated with the Poloniex crypto exchange, will remit $7.59 million to settle sanctions violation allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC). STORM Partners Managing Partner Sheraz Ahmed reacts to this development, saying, "A lot of the exchanges are going to be looking back at what they are doing and this is an opportunity for them to come clean."

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Number of Stablecoins Held on Exchanges Drops to 2-Year Low: Glassnode

The number of stablecoins, or dollar-pegged cryptocurrencies, held in addresses tied to centralized exchanges extended its decline to reach the lowest since May 2021 in a sign of increasing investor aversion to risk, according to Glassnode. Matrixport's Head of Research and Strategy, Markus Thielen, weighs in on the current state of stablecoins.

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3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator

According to an official notice, OPNX has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange. CoinDesk's Jack Schickler discusses what the April 18th notice means for the bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC).

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Bitcoin Dips Ahead of U.S. Federal Reserve Decision on Interest Rates

Cryptocurrencies dipped across the market ahead of another key interest rate decision from the Federal Reserve. The latest market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Breaking Down the Crypto Trends in South Korea

Matrixport's Head of Research and Strategy, Markus Thielen, joins "First Mover" to discuss crypto asset evaluation and trends in the Korean market, focusing trading activities on crypto exchange Upbit and the recent surge in XRP token.

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