Hash clip

Indian crypto exchanges are in survival mode, cutting costs wherever possible, re-negotiating partner contracts, suspending employee pay-hikes, conducting lay-offs, exploring new revenue models and rebranding themselves, all in an effort to extend their financial runways. "The Hash" panel discusses the ongoing fallout of crypto winter and the implications for India's state of crypto.

May 30, 2023

Bankrupt crypto lender Genesis Global Capital and exchange platform Gemini are asking a U.S. court to dismiss a lawsuit by the Securities and Exchange Commission alleging the two sold unregistered securities, court filings from Friday show. Genesis and CoinDesk are owned by the Digital Currency Group (DCG). Separately, a new Bloomberg report takes a closer look at the future of crypto exchange Gemini under the leadership of billionaires Tyler and Cameron Winklevoss.

May 30, 2023

Crypto markets reacted tepidly to solid economic data, a potential sign that good-economic-news-equals-bad-news for digital asset prices narrative is beginning to shift. "The Hash" panel discusses the changing narrative around bitcoin’s connection to economic growth and the implications for global finance.

May 26, 2023

The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether. Data from Glassnode shows that as of Thursday, 14.85% of all ether was held in wallets owned by centralized exchanges. "The Hash" panel discusses their outlook for the Ethereum network, also citing the continued impact of the historic Shapella upgrade.

May 26, 2023

A lawyer says basketball legend Shaquille O'Neal has finally been served in a case involving FTX and the celebrities who appeared in their ads. Adam Moskowitz, Managing Partner at The Moskowitz Law Firm, who is also the lawyer representing some FTX investors in the proposed class action lawsuit against the bankrupt crypto exchange, discusses the case and the state of celebrity endorsements in the crypto space. CoinDesk reached out for comment to Shaquille O'Neal and Kaseya Center but did not hear back.

May 26, 2023

Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral. "The Hash" panel breaks down the new service and what it means for NFT holders.

May 25, 2023

Shaquille O'Neal has been served again in a class-action lawsuit against FTX and founder Sam Bankman-Fried. The NBA legend reportedly received a summons and complaint during Tuesday night's game between the Miami Heat and Boston Celtics. "The Hash" panel shares their reactions.

May 25, 2023

Tools for Humanity, the team behind Worldcoin, has raised $115 million in a Series C funding round led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global. "The Hash" panel discusses the future of the decentralized open-source protocol co-founded by OpenAI CEO Sam Altman.

May 25, 2023

Crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network, whose assets were previously valued at around $2 billion, according to court filings. "The Hash" panel discusses what this means for Celsius' bankruptcy case.

May 25, 2023

Tesla CEO Elon Musk spoke virtually at The Wall Street Journal's CEO Council Summit in London, with the news outlet reporting the billionaire said he's "not advising anyone to buy crypto or bet the farm on dogecoin." "The Hash" panel shares their reactions to Musk's latest comments.

May 24, 2023