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cdtv
Celsius CEO Alex Mashinsky Owes Transparency to Creditors, Says Legal Expert
Hodder Law Firm Founder Sasha Hodder discusses crypto lender Celsius Network’s Chapter 11 bankruptcy proceedings and the “need” for CEO Alex Mashinsky to clarify what the firm owes to its creditors. “Mashinsky hasn’t provided the transparency that, really, he owes everyone,” Hodder said. “We need more transparency.”
Bitcoin Erases 3 Weeks of Gains: What Happened?
Bitcoin (BTC) erased three weeks of gains after plunging 8.4%, its biggest single-digit decline in two months. CoinDesk’s Brad Keoun and Christie Harkin discuss the market sell-off. Plus, why bitcoiners should pay attention to the Tornado Cash U.S. sanction.
Bitcoin Outlook Ahead of Federal Reserve’s Jackson Hole Meeting
CoinDesk's Markets Managing Editor Brad Keoun discusses the outlook for bitcoin (BTC) as the Federal Reserve's Jackson Hole meeting is around the corner. Plus, CoinDesk's Tech Managing Editor Christie Harkin shares her insights into the state of crypto mining in a market downturn.
Bitcoin Extends 6-Day Losing Streak, Price Plunges
Bitcoin is slumping for the sixth consecutive day, seeing its biggest plunge in two months. “All About Bitcoin” host Lawrence Lewitinn breaks down the Chart of the Day.
Celsius Now Likely Has Enough Cash to Last Through Year End; FDIC Orders FTX US, Others to Cease 'Misleading' Claims
With funds coming from maturing loans and tax savings, Celsius now likely has enough cash to last through the end of 2022. Plus, the FDIC orders FTX US and four other companies to cease 'misleading' claims.
Crypto Lender Hodlnaut Discloses Singapore Police Proceedings, Layoffs
After freezing users’ assets in early August, Hodlnaut disclosed massive layoffs and pending “police proceedings” in a blog post. “The Hash” team discusses the latest crypto company facing major hurdles amid the recent market downturn.
Facebook Parent Meta Mocked Online After New Horizon Worlds Rollout
Meta's launch of "Horizon Worlds" in Spain and France this week has been mocked online, after CEO Mark Zuckerberg shared his avatar from the platform that revealed graphics of a questionable quality. "The Hash" panel discusses the latest in Meta's virtual ambitions and whether it's paying off.
Tether Slashing Commercial Paper Holdings, New Auditor Confirms
BDO Italia has reaffirmed stablecoin issuer Tether’s consolidated reserves report that showed a 58% quarterly decline in commercial paper holdings to $8.5 billion as of June 30. “The Hash” hosts discuss the BDO report and what it suggests about Tether and the current state of stablecoins.
Crypto Stocks Retreat as Bitcoin Falls Below $22K
Cryptocurrency-related stocks dropped Friday as bitcoin lost momentum along with the broader set of risk assets on macroeconomic fears. “The Hash” panel discusses the recent turbulence and the potential factors that could drive BTC’s price lower.
DOJ Calls for Examiner to Probe Bankrupt Crypto Lender Celsius
The U.S. Trustee office, which oversees bankruptcy matters, said an independent probe into Celsius' financials is needed to address "significant transparency issues" in the crypto lender's bankruptcy case, according to a court filing Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.