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Bankrupt Crypto Lender Celsius Resumes Withdrawals for Certain Custody Accounts
Bankrupt crypto lender Celsius Network is allowing withdrawals of assets in certain custody accounts. Eligible users will be able to withdraw all the funds in their accounts up to a certain limit, the company said in an earlier blog post. "The Hash" panel discusses the latest in the downfall of Celsius Network.
DappRadar: NFT Trading Volumes Hit $2B Last Month
According to Web3 data platform DappRadar’s latest industry report, NFT trading volumes reached $2 billion in February – the highest number since before the meteoric crash of Terra and its UST and LUNA tokens in May 2022. CoinDesk Reporter Cam Thompson joins "The Hash" panel to discuss the state of the digital collectibles industry, citing the success of the Yuga Labs ecosystem and the Blur NFT marketplace.
ConsenSys to Launch zkEVM Public Testnet March 28
ConsenSys, a top software firm working on the Ethereum blockchain, is rolling out a zero-knowledge Ethereum Virtual Machine (zkEVM) public testnet on March 28, intensifying the race among top crypto firms to be first to go fully live with the fast-emerging technology. "The Hash" panel discusses what this means for the Ethereum community.
'Snow Crash' Author Neal Stephenson Weighs in on ChatGPT, AI
"Snow Crash" author Neal Stephenson, who coined the term "metaverse" and "avatar" in 1992, shares his thoughts on artificial intelligence (AI) and whether there should be boundaries on the technology. "Mostly what we've tended to see is its use in creative applications, which I don't think is at all interesting," Stephenson said.
Bitcoin's Long Liquidations Surge as Prices Slide
Exchanges liquidated longs, or bullish bitcoin futures, worth over $62 million during Asian hours, according to data from Glassnode. That's the highest amount since August. Forex.com Global Head of Research Matt Weller provides his analysis.
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
U.S. Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.) are questioning government policies controlling how financial firms handle their accounting for cryptocurrency. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down their letter to the regulators. Plus, the latest on Voyager's bankruptcy hearings.
Mass Adoption of Virtual Experiences ‘Already Happened’: Author Neal Stephenson
"Snow Crash" author Neal Stephenson, who coined the term “metaverse,” discusses the state of adoption of virtual experiences with reference to developments in the gaming industry.
Ethereum’s Shanghai Upgrade's Impact on Ether Price
Crypto markets are eagerly anticipating the Shanghai tech upgrade, the next major development scheduled for April, since last year's Merge. Forex.com Global Head of Research Matt Weller shares insights into ETH's supply and the outlook for Ethereum ahead of Shanghai. "What the market hasn't made a jump to yet is... Ethereum already hit its peak ETH supply," Weller said.
Bitcoin, Ether Fall as Market Continues To Digest Silvergate
Bitcoin (BTC), ether (ETH) and most other major cryptocurrencies are sinking as customers fled crypto bank Silvergate. Forex.com Global Head of Research Matt Weller discusses the reaction from the broader crypto market and his outlook on Ethereum ahead of the Shanghai upgrade. Plus, why bitcoin long liquidations hit the highest level since August, according to Glassnode data.
Breaking Down Crypto’s March Pullback
Host Joel Flynn shares insights into risk returning amid sideways trade. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."