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Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
An independent examiner for the U.S. bankruptcy court in New York said in a Tuesday filing that crypto lender Celsius Network misled its investors and occasionally used new customer funds to pay for other customers’ withdrawals– the usual definition of a Ponzi scheme. "The Hash" panel discusses the examiner's report and what it reveals about how Celsius operated.
The Debate Over NFTs on Bitcoin
"The Hash" panel discusses the debate around a newly-launched NFT protocol on Bitcoin and what this will mean for the Bitcoin ecosystem.
Premier League Inks Deal With Sorare To Expand NFT Offerings
The English Premier League has linked up with digital trading card company Sorare in a multi-year licensing deal to expand its non-fungible token (NFT) offerings. "The Hash" panel weighs in on the crypto platform's partnership with a major sports league in a market downturn.
Amazon May Launch NFT Initiative Soon: Report
Amazon is rumored to be unveiling an NFT initiative, part of the retail giant's larger push into Web3, according to a report from Blockworks. "The Hash" panel discusses what it means to Web3 developments and if the reported Spring timeline will come to fruition.
Binance Partners With Mastercard to Launch Prepaid Crypto Card in Brazil
Binance has launched a prepaid crypto card in Brazil in partnership with Mastercard, the crypto exchange said Monday. "The Hash" panel discusses the product and what it means for mainstream crypto adoption.
Sen. Ted Cruz Proposes Capitol Hill Vending Machines Accept Crypto
Sen. Ted Cruz (R-Texas) has proposed requiring vendors on Capitol Hill to accept cryptocurrency as payment. "The Hash" panel discusses Cruz's latest pro-crypto advocacy and the implications for crypto on Capitol Hill.
South Korean Crypto Exchange Bithumb Under Investigation For Price Manipulation: RPT
The offices of Bithumb were raided on Thursday as part of an investigation into price manipulation of an unidentified coin listed on the South Korean crypto exchange, Yonhap reported. This comes as Bithumb Chairman Kang Jong-Hyun and two other executives were charged with fraud. "The Hash" hosts discuss the latest in the world of global crypto regulation.
Bitcoin Miner Argo Blockchain Faces Lawsuit Over Alleged Misleading Statements in U.S. Share Sale
Argo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), is facing a class-action lawsuit over alleged misleading statements made during the initial public offering (IPO) of its American depositary shares (ADS) in 2021. "The Hash" panel discusses what this means for the bitcoin mining industry.
Crypto Bank Silvergate Halts Preferred Stock Dividend
Crypto-focused bank Silvergate Capital (SI) suspended dividend payments on its preferred stock to preserve capital. "The Hash" panel discusses the latest fallout of crypto winter as contagion effects continue to ripple across the industry.
Polygon Q4 Transaction Volatility Linked to FTX Collapse, ZK Rollup Testing: Nansen
According to Nansen, the Ethereum scaling tool Polygon saw wide swings in daily transactions and active addresses during the fourth quarter as users scrambled to move funds during the epic meltdown of Sam Bankman-Fried’s FTX crypto exchange. The tremendous addition of daily addresses was also partly due to Polygon’s zero-knowledge EVM public testnet launch. "The Hash" panel discusses the report and the outlook for Polygon.