Hash clip

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Forbes Tuesday she does not support bailouts for the crypto industry, and the recent market crash could give the space a more sustainable foundation for the future. “The Hash” panel digs into the assessment.

22 июн. 2022 г.

Ukraine has sold CryptoPunk #5364, the highly valued NFT it received as a donation in March during its fundraising campaign against Russia’s attacks. Alex Bornyakov, the country’s deputy minister of digital transformation, announced the sale in a tweet. The NFT was sold to an anonymous buyer for 90 ETH, worth roughly $100,000.

21 июн. 2022 г.

The New York Post is reporting that FTX is dropping out of discussions for certain major league sport deals amid the recent crypto market downturn. “The Hash” discusses the latest volatility and future of sports sponsorships for crypto companies.

21 июн. 2022 г.

Crypto lending platform BlockFi secured a $250 million revolving credit facility from FTX. BlockFi CEO Zac Prince notes the move “bolsters our balance sheet and platform strength," and added that "the proceeds of the credit facility are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan collateral) and will be used as needed."

21 июн. 2022 г.

“The Hash” team discusses Elon Musk’s recent tweet about “supporting Dogecoin,” despite the Tesla CEO facing a $258 billion lawsuit over claims of an alleged pyramid scheme to back the cryptocurrency.

21 июн. 2022 г.

A New York City office building went on sale for $29 million, with the rights to purchase the property listed as a non-fungible token (NFT) on OpenSea. The listing’s price, however, was set in ether (ETH), which has plummeted over 40% since the start of June.

16 июн. 2022 г.

Tron’s TRX token rose as much as 27% in the past 24 hours as its ecosystem stablecoin decentralized USD (USDD) inched closer to its intended $1 peg. “The Hash” group discusses founder Justin Sun injecting over $2 billion this week to support the Tron market.

16 июн. 2022 г.

Investors pulled out about roughly $1.6 billion this week from Tether’s dollar-pegged USDT stablecoin, according to price tracker CoinGecko. “The Hash” group discusses the outlook for the stablecoin market after the Terra’s UST meltdown.

16 июн. 2022 г.

“The Hash” group discusses Microsoft founder and environmental advocate Bill Gates’ recent criticism of cryptocurrencies after he stated that NFTs are based on the “greater fool” theory.

15 июн. 2022 г.

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.

15 июн. 2022 г.