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Dubai Unveils Metaverse Strategy, Aims to Attract Over 1,000 Firms
Dubai has revealed its metaverse strategy, outlining its plans to attract more than 1,000 blockchain companies to the city and support more than 40,000 virtual jobs by 2030. Could Dubai become one of the world’s top metaverse economies? “The Hash” squad weighs in.
Court Documents Indicate a Connection Between TPS Capital, Three Arrows
TPS Capital claims that it is independent of Three Arrows Capital (3AC), but legal disclosures as part of bankruptcy proceedings show a web of transactions and familiar faces between the two firms. “The Hash” discusses the latest in 3AC’s fallout.
Report Reveals Behind-the-Scenes Concerns at Celsius Before Bankruptcy Filing
According to an investigation by CNBC, trouble at crypto lender Celsius has been brewing for years before the company filed for chapter 11 bankruptcy. “The Hash” hosts break down the report, some key takeaways and the reported revelations about Celsius Network’s red flags.
Future of Crypto Regulation as New SEC Commissioner Is Sworn In
The SEC announced Jaime Lizárraga, former Senior Advisor to House Speaker Nancy Pelosi, has been sworn into office as a commissioner by Chair Gary Gensler.
Ether Futures See $230M in Liquidations as Merge Pushes ETH to $1.5K
Ether (ETH) price briefly climbed above $1,500 as the merge approaches. “The Hash” panel discusses the outlook on ether’s future and debate whether the price gain is a fake pump in the bear market. Plus, a conversation on proof-of-stake blockchain’s environmental impacts.
Crypto VC Investments Dropped 26% in First Half of 2022
Venture capital investments in crypto companies were down 26% in the first half of the year from a record $12.5 billion to $9.3 billion, but the number of deals increased, according to Crunchbase data.
Binance Fined $3.4M by Dutch Central Bank
The Dutch Central Bank has fined cryptocurrency exchange Binance 3.3 million euros ($3.4 million) for continuing to offer services to Dutch citizens without required registration, according to a release on Monday. “The Hash” panel discusses the penalization.
What to Expect From Crypto Lender Celsius' Bankruptcy Proceedings
"The Hash" panel discusses what customers should expect ahead of the first hearing in the Celsius bankruptcy case, as the insolvent crypto lender has said that it will give customers an option of staying "long crypto" or receiving a discounted cash settlement. Plus, a conversation on the company's $1.2 billion hole in its balance sheet.
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.
Report: Celsius Owed $439M by Lending Firm EquitiesFirst
Embattled crypto lending firm Celsius is owed $439 million by Indianapolis-based private lending platform EquitiesFirst, according to a Financial Times report. "The Hash" panel discusses the latest developments.