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DeFiance Capital ‘Materially Affected’ by Three Arrows Liquidation

Crypto hedge fund DeFiance Capital has distanced itself from Three Arrows Capital, saying it was “materially affected” and “prejudiced” by the liquidation of the rival fund. “The Hash” hosts discuss DeFiance’s latest response on Twitter, which states CEO Arthur Cheong had “no visibility” on Three Arrows Capital’s financial statements or conditions.

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OpenSea Lays Off 20% of its Staff Amid Crypto Winter

NFT marketplace OpenSea has laid off about 20% of its staff as it prepares for the possibility of an extended crypto downturn. "The Hash" squad discusses the outlook for digital collectibles and the crypto job market amid an industry-wide wave of layoffs and hiring freezes.

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South Park Mocks Matt Damon, Celebrity Crypto Endorsements

South Park’s latest made-for-TV film takes aim at Matt Damon’s “Fortune Favors the Brave” commercial for Crypto.com and other celebrities who have endorsed crypto. “The Hash” panel discusses what to make of South Park’s roast and the pros and cons of celebrity endorsement.

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How Lawmakers May Respond to Celsius Network's Bankruptcy

Liquidity-strapped crypto lender Celsius Network has a $1.2 billion hole in its balance sheet, according to a new court filing. Ron Hammond, cirector of bovernment relations at lobbying trade group Blockchain Association, discusses the possible regulatory implications and potential road ahead for Celsius and crypto lending.

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Celsius Reveals $1.2B Financial Hole; Terra Subsidiary Investigated

Celsius reveals $1.2 billion hole in balance sheet. OpenSea cutting 20% of its workforce. Circle’s reserve breakdown shows $13.58 billion cash and $42.12 billion in U.S. Treasurys. ETH2 merger closer as ninth shadow fork goes live. Report says Terra subsidiary used as funds channel for overseas affiliates. Play-to-earn games shifting focus to fun. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast"

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Ethereum Surges Ahead of Merge Event

Delphi Digital Markets Associate Jason Pagoulatos discusses the potential factors driving ETH's price higher as it surges roughly 12% in the last 24 hours ahead of its merge with the Beacon Chain to transition from proof-of-work to a proof-of-stake consensus model. Plus, the impact of China's slowing GDP growth on global finance and other macro headwinds to watch.

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Vayner3 President on Future of NFT, Web3 Space

Vayner3 President Avery Akkineni shares her outlook on NFTs and Web3 amid the recent market downturn, along with the role of digital collectibles in consumer products. "The bigger and broader opportunity in Web3 for enterprises and intellectual property owners continues to be massive," Akkineni said. She added, "this is the time to build."

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What to Expect From Celsius Bankruptcy Case Hearing

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De explains what to expect ahead of Celsius Network’s bankruptcy case kicking off Monday.

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Lending Firm EquitiesFirst Owes Celsius $439M: Report

Celsius Network is owed $439 million by Indianapolis-based private lending platform EquitiesFirst, according to the Financial Times. "First Mover" hosts Christine Lee and Lawrence Lewitinn weigh in.

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Crypto Jobs: Who’s Hiring and Firing?

Since May, several crypto firms have reduced the sizes of their workforce amid the market rout while others have gone on hiring sprees.

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