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Bitcoin Above $18K Following US December Inflation Report
Bitcoin (BTC) saw a dip in price but remains above $18,000 following the news that annualized inflation slowed to 6.5% in December from 7.1% previously. "The Hash" panel discusses the 0.1% slip in consumer price index (CPI) and the impact of macroeconomics on the crypto industry.
Nexo Probed in Bulgaria for Alleged Money Laundering, Tax Violations
Crypto lender Nexo is being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license and computer fraud. "The Hash" panel discusses the authorities' evidence that a Nexo user has been officially declared a terrorist financer.
Gala Games’ Token Stumbles After Deleting Tweet Announcing Partnership With The Rock
Gala Games' native token, GALA, is sinking after the blockchain-based gaming platform deleted a tweet announcing a partnership with A-list Hollywood stars, including Dwayne "The Rock" Johnson. Despite the pullback, GALA is still up over 130% for the month, leading the rally among gaming tokens. "The Hash" panel discusses the latest price action.
WazirX's Proof-of-Reserves Report Shows 90% of User Assets Are in Binance Wallets
Indian crypto exchange WazirX released its proof of reserves report that disclosed 90% of its user assets are held in Binance wallets. "The Hash" panel discusses the Twitter drama between WazirX and Binance CEO Changpeng "CZ" Zhao.
China Includes Digital Yuan in Cash Circulation Data
The People’s Bank of China included the country's digital currency in calculations of the amount of currency in circulation in December for the first time, with e-CNY representing 0.13% of cash and reserves held by the central bank. "The Hash" panel discusses what this means for the adoption of central bank digital currencies (CBDC).
FTX Bankruptcy Judge Not Swayed by Letter From US Senators
A bipartisan group of four U.S. senators sent a letter to the judge in the FTX bankruptcy case calling for an independent examiner to be appointed. The judge added that the letter “will have no impact whatsoever on my decisions in this case which will only be based upon the facts and law presented by the parties." "The Hash" team weighs in on the latest bankruptcy developments for FTX.
CoinDesk's Crypto Crooks Podcast Dives Into Some of the Wildest Crypto Crimes
CoinDesk's Chief Insights Columnist David Z. Morris joins "The Hash" panel to discuss his new podcast series "Crypto Crooks," with the first season shedding light on the infamous BitConnect scam. Find the latest episode of "Crypto Crooks" wherever you get your podcasts.
Solana-Based Token Bonk Inu to Mint NFTs on Magic Eden
Bonk Inu (BONK) will offer more than 15,000 non-fungible token (NFT) collectibles on Solana marketplace Magic Eden on Tuesday, and all the tokens used to mint these NFTs will be burnt afterward. "The Hash" panel discusses the NFT mint and the state of Solana as the network recovered from FTX's collapse.
Microsoft Considers Investing Up to $10B in OpenAI: Report
Microsoft is in discussions with OpenAI, the creator of the artificial intelligence tool ChatGPT, about a potential investment of up to $10 billion, according to a Bloomberg report. "The Hash" panel discusses the future of AI technology and what this means for the broader crypto industry.
DCG Responds to Cameron Winklevoss Calling for Barry Silbert’s Removal
Digital Currency Group is responding to the open letter Gemini co-founder Cameron Winklevoss issued, stating in part on Twitter that this "is another desperate and unconstructive publicity stunt." Winklevoss asked the DCG board to remove Silbert, citing DCG's inability to find a fair resolution with creditors of DCG's Genesis unit. DCG is the parent company of CoinDesk.