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Crypto Payments Company Wyre Faces Chill of Crypto Winter: Report

Crypto payments company Wyre may be shutting down soon, according to a new report from Axios. CEO Ioannis Giannaros reportedly told employees in an email in part, "We will need to unwind the business over the next couple of weeks." "The Hash" hosts discuss the lingering crypto contagion concerns companies are facing.

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Swan Bitcoin CEO on This Year's Biggest Bitcoin Developments, SBF Extradition

Swan Bitcoin CEO Cory Klippsten highlights the 10 biggest developments for Bitcoin this year. Plus, his reaction to FTX founder Sam Bankman-Fried being extradited from the Bahamas to New York to face federal fraud charges, and his take on renewed crypto contagion concerns.

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Большие надежды майнеров Bitcoin на Латинскую Америку омрачены Парагваем

Потенциал отрасли в регионе был широко представлен на конференции в Канкуне (Мексика) в прошлом месяце, однако законопроект, благоприятствующий майнингу Криптo в Парагвае, был отклонен на прошлой неделе.

Palacio legislativo de Paraguay. (Eliza Gkritsi/CoinDesk)

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Accessing Decentralized Money Markets and Lending Platforms

As cryptocurrency becomes more widely adopted and additional real-world assets become tokenized, SALT Lending co-founder Shawn Owen joins I.D.E.A.S. 2022 to discuss the significance for people to securely hold and borrow against their crypto assets, citing the ongoing crypto contagion triggered by the Terra LUNA collapse.

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Paul Brody on Crypto Outlook as Contagion Fears Linger

Ernst & Young Principal and Global Innovation Leader Paul Brody discusses his outlook for crypto's road ahead in 2023 and explains why he thinks there will be "no lessons learned" from this year's contagion. Plus, insights on the future of Ethereum and his upcoming production launch of Nightfall in partnership with Polygon.

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Things Are About to Get Weird: Samson Mow

JAN3 founder and CEO Samson Mow weighs in on the state of the crypto industry amid lingering crypto contagion concerns. When it comes to his outlook on bitcoin, Mow says "things are about to get weird."

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Vayner3 President on Connecting Traditional Brands with Web3

Vayner3, the Web3 arm of Gary Vaynerchuk's VaynerMedia, is onboarding mainstream companies like KFC and Crocs into the world of Web3. Vayner3 president Avery Akkineni, who also made CoinDesk's Most Influential 2022 list, joins "The Hash" to discuss the corporate appetite for Web3 and how the space could evolve in the wake of the recent crypto contagion.

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Stablecoin Issuer Circle Scraps Plan to Go Public

Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.

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Analyst Explains Why Crypto Investors Are 'Demotivated' Right Now

Edward Moya, senior market analyst of the Americas at OANDA, discusses bitcoin investment activity in the wake of FTX's collapse and the wider crypto contagion. "You're not seeing a whole lot of investment come in," Moya said, adding that traders are "demotivated to get back in."

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The Case for Crypto Literacy as BlockFi Follows FTX Into Bankruptcy

A new crypto literacy quiz reveals there is still a significant crypto knowledge gap in the U.S., with 91% of respondents still needing to receive a passing score. Coinme CEO & Co-founder Neil Bergquist discusses the key takeaways and the need for crypto literacy education amid lingering contagion concerns.

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