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China
SBF’s Voyager Debt Emerges; Celsius Reshuffles Board
Alameda Research owes $377 million as Voyager Digital’s second largest borrower. Genesis confirms exposure to Three Arrows Capital. Celsius Network reshuffles board as it fights to stay afloat. South Korea’s Uprise said to have lost US$20 million in client funds on LUNA short. South Korea to cooperate with U.S. on Terra investigation. China’s "Instagram" gets into virtual fashion with users strutting their stuff in NFT clothes. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
La empresa de software Meitu perdió hasta 52,3 millones de dólares en el primer semestre debido a la caída de los Precios de criptomonedas.
El desarrollador de la aplicación había comprado 940,89 BTC y 31.000 ETH en la primavera de 2021.
El CEO de Cripto que no quiere el trabajo
Suji Yan, de MASK Network, está construyendo y financiando Web3 y espera que esto le permita descentralizar su función. Esta sesión de preguntas y respuestas forma parte de la Semana del Futuro del Trabajo.
Huobi Global podría recortar más del 30% de su plantilla debido a que la represión china provoca una caída de los ingresos
La decisión de China de prohibir el comercio de Cripto el año pasado provocó una fuerte caída en los ingresos de Huobi.
CoinFLEX Freezes Withdrawals; Investors Deserting Singapore
CoinFLEX latest crypto exchange to freeze withdrawals, while Voyager cuts limit amid 3AC exposure. Chinese police say crypto being used to launder drug money. Retail investors desert exchanges in Singapore amid bear market and government warnings. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
SBF Agrees Second Bailout; Pride in the Metaverse
Bitcoin, cryptocurrencies return to red with soaring U.K. inflation. Sam Bankman-Fried steps in to bail out BlockFi.Indian tax authorities to discuss 28% GST on crypto trading next week. Chinese regulators vow to prevent further crypto risks. Pride events head into the metaverse, offering a new safe space for the LGBT community. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
3AC Foreclosure Concerns Grow; Fed Boost Short Lived
BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1. Hong Kong Monetary Authority joins with Bank of Israel to investigate CBDC cybersecurity. China media watchdog: NFTs are digital publications and need to be censored. Should NFT collectors be buying insurance? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Pionero en Asia: ¿Una alternativa china a las stablecoins basadas en dólares? Ampliar el uso del CNH presenta desafíos; BTC se mantiene por encima de los $20,000.
El token es una versión de la moneda china diseñada para uso offshore; otras criptomonedas se mezclan en transacciones ligeras.
Tether Denies Asian Commercial Paper Backing Claims, Exposure to Three Arrows Capital
Tether, the firm behind the crypto market’s largest stablecoin USDT, is denying claims that its commercial paper portfolio is 85% backed by Chinese or Asian commercial paper. “The Hash” discusses the latest developments, along with a vague tweet from the founder of Three Arrows Capital.
Binance’s CZ on Crypto in China
Changpeng “CZ” Zhao, founder and CEO of the world’s largest crypto exchange Binance, discusses the state of crypto in China after its crackdown on digital assets, and why the ban won’t be lifted any time soon. Plus, advice for navigating crypto winter.