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Ultime da Jennifer Sanasie
Celsius Network Might Turn its Debt Into Crypto ‘IOU’ Tokens; Crypto Mining Woes Linger
Bankrupt crypto lender Celsius Network appears to be considering a plan to turn its debt into crypto “IOU” (“I Owe You”) tokens. Plus, what Compute North’s bankruptcy filing means for giants like Marathon Digital, as a BTIG analyst downgrades the stock from buy to neutral.
Jamie Dimon Calls Crypto Tokens ‘Decentralized Ponzi Schemes’; Lebanon’s Banks Remain Closed Indefinitely
“The Hash” hosts discuss JPMorgan Chase CEO Jamie Dimon’s latest comments slamming crypto tokens during the banking executive’s congressional testimony on Wednesday. Plus, a closer look at why banks in Lebanon are closing their doors for the foreseeable future.
What Cardano’s Highly Anticipated Vasil Hard Fork Will Bring; Iran to Start Testing a Digital Rial Soon
“The Hash” hosts discuss the Cardano hard fork expected to take place on Thursday, Sept. 22. Plus, a closer look at the Central Bank of Iran’s plans to start a central bank digital currency (CBDC) pilot soon.
Crypto Market Maker Wintermute Hacked for $160M; MicroStrategy Buys 301 More Bitcoins
Cryptocurrency market maker Wintermute has lost $160 million in a hack relating to its decentralized finance (DeFi) operation, according to a tweet from the company’s founder and CEO Evgeny Gaevoy. Plus, a new SEC filing reveals MicroStrategy bought 301 bitcoins (BTC) between Aug. 2 and Sept. 19 for about $6 million.
Ethereum Already Showing Signs of Increased Centralization; El Salvador’s Debt Rating Downgraded
In the hours following long-awaited Ethereum Merge on Thursday, over 40% of the network’s blocks were added by just two entities: Coinbase and Lido. Plus, seven months after lowering El Salvador’s long-term foreign currency issuer default rating (IDR), Fitch Ratings has downgraded it again.