The government is meeting with CEOs of crypto companies to try to establish a crypto standards. The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories.
Top gains / losses (market update): 1:24
- BNB (-3.02%)
- Polkadot (-4.41%)
- ADA (5.12%)
Lummis says Fed is ‘violating the law’: 5:33
- Wyoming senator is asking colleagues to withhold support for Fed char Jay Powell (link)
- Says federal reserve is ‘violating the law’ by delaying the process of applications from crypto-native banks to receive accounts at the central bank.
House committee meeting Dec 8th: 14:58
- Several CEOs from crypto firms will be present including FTX and Coinbase (link)
- Latest from congress to explore the challenges of adopting crypto
Meta expands crypto advertisement eligibility on facebook: 21:28
- Will allow more crypto / blockchain advertisements on FB and instagram (link)
- Those allowed to run ads include: Crypto exchanges/trading , lending/ borrowing, wallet, mining infrastructure.
Square rebrands to Block: 27:59
- Dorsey says “ We will continue to build tools to help increase access to economy. (link)
- Will bring together Cash App, tbDEX, and music service Tidal.
Wired throws away 760k bitcoin in 2013: 33:28
- Considered donating to charity , but decided to destroy the keys because they thought it was useless. (link)
- Robert McMillian set up a mining rig, made 2 bitcoin a day. Felt like it was nothing more than abstraction
106m worth of metaverse land sold last week: 39:30
- Metaverse land is the next big thing in the NFT space (link)
- Sales are comparable to record sales
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