Elon Musk and all the latest blockchain news at CCD

Tesla billionaire Elon Musk has said he still owns and "won't sell" his bitcoin, ethereum and #dogecoin—advising people not to hold dollars when inflation is high. The controversial figure has been in the crypto headlines with his admonishment of Bitcoin's energy usage, but this has not stopped him adding more than $1.5 billion worth of the cryptocurrency.

Following the removal of a paragraph in the EU's proposed MiCA regulations that effectively and harshly called for a ban on proof-of-work coins, a new paragraph has made its way in. This new paragraph is not as demanding on coins like Bitcoin, but calls for limiting the use of cryptocurrencies powered by an energy-intensive proof-of-work. However, the crypto community have reacted and called out the impracticalities of this potential decision.

Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people.

We also speak with Mark Basa from HOKK to understand what all the fuss is about when it comes to meme coins.

Would you like to sponsor the next episode of #CCD News?
Reach out to [email protected]

Follow us
Twitter: https://twitter.com/TheCCDChannel
Instagram: https://www.instagram.com/cryptochanneldirect
Facebook: https://www.facebook.com/CryptoChannelDirect

Join Concordium's Community:
Twitter: https://twitter.com/ConcordiumNet
Telegram: https://t.me/concordium_official
Discord: https://discord.com/invite/xWmQ5tp

Hosted by Claire Ross-Brown #ElonMusk #news

00:00 Intro
00:27 Crypto donations
02:28 Bitcoin escapes EU Ban
04:20 Interview with Mark Basa
09:04 Bitcoin energy usage
10:34 Elon Musk cryptic relation with crypto