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SHIB Plunges as Users Report Bridge Issues After Shibarium Launch
Shiba inu (SHIB) tokens are falling in the past 24 hours, as users report bridging issues after the much-hyped Shibarium network went live late on Wednesday. "The Hash" panel discusses the network's plan to position Shiba Inu as a serious blockchain project, away from the meme coin status it has enjoyed since its August 2020 issuance.
FDIC Formally Adds Crypto to its Annual Report on Risks Facing U.S. Banks
The Federal Deposit Insurance Corp. officially added crypto to its annual report on risks facing U.S. banks and says the agency is prepared to engage in “robust supervisory discussions” with the depository institutions it oversees. "The Hash" panel breaks down FDIC's 2023 Risk Review.
What FTX's Sam Bankman-Fried Is 'Freaking Out About'
A recent court filing reveals prosecutors plan on submitting personal notes from former Alameda CEO Caroline Ellison as evidence against FTX founder Sam Bankman-Fried ahead of his trial in October, which includes a list titled "Things Sam is Freaking Out About." "The Hash" panel shares their reaction to the latest legal proceedings in Bankman-Fried's case.
Hardware Wallet Maker Ledger to Let Users Buy Crypto Through PayPal Account
Crypto wallet provider Ledger is partnering with payments giant PayPal to allow users to buy crypto in its Ledger Live app with fiat currency through their PayPal accounts. Ledger Live currently offers four crypto currencies in the United States, including bitcoin (BTC), ether (ETH), bitcoin cash (BCH) and litecoin (LTC). "The Hash" panel weighs in on the partnership and the new Ledger Live integration.
Coinbase Wins Right to List Crypto Futures in U.S.
Coinbase Financial Markets secured approval from the National Futures Association (NFA) to operate a Futures Commission Merchant (FCM), which means the crypto exchange can finally list crypto futures in the U.S. nearly two years after applying. "The Hash" panel discusses the approval and the utility of Coinbase's recently-launched products as the exchange continues to face regulatory pressure in the U.S.
Bankrupt Crypto Lender Celsius to Poll Customers on New User-Owned Company Plan: Report
Bloomberg is reporting that Celsius was granted permission by a judge to begin polling account holders on its plan to restart as a new user-owned company. "The Hash" panel discusses the bankrupt crypto lender's latest attempt to repay customers.
Coinbase Expands Crypto Services Into Canada
Coinbase is expanding its crypto services to Canada. This comes after the exchange praised the country's approach to crypto, compared with the U.S.’s lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the state of crypto in the land of the maple leaf.
Who Is the Pro-Bitcoin Candidate That Just Won Argentina's Presidential Primary?
Javier Milei, a libertarian candidate who has advocated for the elimination of the central bank and spoken favorably of Bitcoin (BTC), won the primary presidential election in Argentina. "The Hash" panel weighs in on the country's recent financial conditions and whether cryptocurrency could provide a solution to rising inflation.
Europe Beats U.S. for First Spot Bitcoin ETF Launch
Europe's first spot bitcoin exchange-traded fund (ETF) is now listed on Euronext Amsterdam by London-based Jacobi Asset Management. "The Hash" weighs in on the latest wave of spot bitcoin ETF applications in the U.S., along with the environmental concerns surrounding bitcoin.
FTX's Sam Bankman-Fried Going to Jail Puts His Trial at 'Huge Disadvantage': Bernie Madoff's Former Attorney
A federal judge revoked Sam Bankman-Fried's $250 million bail, as the 31-year-old is accused by prosecutors of tampering with witnesses. Ira Lee Sorkin, former attorney for Bernie Madoff and current partner at Mintz and Gold, joins "The Hash" to discuss what the bail revocation means for the disgraced FTX founder's upcoming trial and if there are any parallels between the legal cases of Bernie Madoff and Bankman-Fried.