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Troubled crypto lender Genesis owes its creditors over $3 billion prompting its parent company, Digital Currency Group, to look at asset sales to pay off the debt, according to the Financial Times. DCG is the parent company of CoinDesk. Plus, cryptocurrency brokerage Blockchain.com said it's letting go of 28% of its workforce as crypto's cruel winter continues.

Jan 12, 2023

Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Jan 12, 2023

Disgraced former chief of FTX Sam Bankman-Fried denied stashing away billions of dollars and gave his take on what happened to his bankrupt crypto exchange in a lengthy new post on Substack published Thursday. "The Hash" panel weighs in on Bankman-Fried's further defense of the collapse of his crypto empire.

Jan 12, 2023

NFT creators and collectors saw opportunities to present their digital assets to Instagram, one of the largest social media platforms in the world, since its parent company Meta Platforms began testing out non-fungible token (NFT) sharing early last year. "The Hash" panel discusses what this means to mainstream adoption of NFTs.

Jan 12, 2023

Bitcoin (BTC) saw a dip in price but remains above $18,000 following the news that annualized inflation slowed to 6.5% in December from 7.1% previously. "The Hash" panel discusses the 0.1% slip in consumer price index (CPI) and the impact of macroeconomics on the crypto industry.

Jan 12, 2023

Crypto lender Nexo is being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license and computer fraud. "The Hash" panel discusses the authorities' evidence that a Nexo user has been officially declared a terrorist financer.

Jan 12, 2023

Disgraced former chief of FTX, Sam Bankman-Fried, denied stashing billions and gave his take on what happened to his bankrupt crypto exchange in a lengthy new post on Substack published Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De joins "First Mover" to discuss.

Jan 12, 2023

Rep. Jim Himes (D-Conn.) discusses how the collapse of crypto exchange FTX impacted how Congress views the crypto space. "The players in this industry no longer have the benefit of the doubt," Himes said.

Jan 12, 2023

Host Joel Flynn dives into Web3 domains and blockchain-based websites. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Jan 12, 2023

FTX Japan customers may be able to withdraw their funds as of mid-February, according to a blog post from Liquid by FTX, which would make them some of the first customers of the collapsed crypto exchange to get their money back. CoinDesk Executive Director of Global Content Emily Parker discusses how the Japanese regulatory framework made it possible.

Jan 12, 2023