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IBM, Maersk to Wind Down Shipping Blockchain TradeLens by Early 2023
Maersk and IBM will wind down their shipping blockchain TradeLens by early 2023, ending the pair’s five-year project to improve global trade by connecting supply chains on a permissioned blockchain. "The Hash" panel discusses the significance and the future of enterprise blockchain.

Bitcoin Is on 'Road to Irrelevance’: European Central Bank Staffers
Ulrich Bindseil, director general market infrastructure and payments at the European Central Bank (ECB), along with Adviser Jürgen Schaff, called the current price action in the crypto markets "an artificially induced last gasp before the road to irrelevance," among other jabs at the industry. "The Hash" team discusses what this means for crypto in Europe and beyond.

Genesis Creditors Hire Lawyers to Help Prevent Bankruptcy Filing: Bloomberg
Genesis Global Trading's creditors have hired restructuring lawyers to help find a way prevent the crypto brokerage from having to file for bankruptcy, Bloomberg News reported on Wednesday, citing people with knowledge of the situation. "The Hash" hosts discuss the outlook for Genesis.

Kraken Lays Off 30% of Global Staff Amid Crypto Winter
Crypto exchange Kraken is cutting 30% of its global workforce – around 1,100 people – in response to the crypto market downturn. This comes as it reached a settlement with the Treasury Department over serving customers in Iran. "The Hash" panel discusses the latest in a string of continued layoffs across the industry.

AAX Likely Moving Toward Legal Procedure, Former Exec Predicts
Hong-Kong based crypto exchange AAX closed out its derivatives position. The company said in a statement on Nov. 19 that the firm "has a chance ... of resuming normal operations." Former AAX VP and Head of Research Ben Caselin says "that's definitely not my sentiment observation," adding the exchange is likely moving to a legal procedure.

Bitcoin Likely Bottoming at $12K Amid Continued Contagion Risks
DFD Partners President Bilal Little shares his outlook for a bitcoin (BTC) bottom before a rally up toward $22,000.

A Central Bank for Crypto?
"If there was a central bank for crypto, which seems to be what Binance is trying to create ... we wouldn't see the scope of problems that we're seeing today," says Howard Fischer, Moses Singer LLP partner and former SEC senior trial counsel. He points out the irony of crypto's call for regulation amid ongoing contagion and bankruptcy hearings.

SEC Concerned About What BlockFi Settlement Represents to Investors: Former SEC Senior Trial Counsel
Crypto lender BlockFi owes the U.S. Securities and Exchange Commission (SEC) $30 million stemming from a prior settlement on allegations it violated securities law through its interest account offering. Moses Singer LLP Partner and Former SEC Senior Trial Counsel Howard Fischer discusses what this means for the SEC.

Philippines’ Blockchain Future
Host Joel Flynn takes a deep dive into The Philippines' hope to become Asia’s blockchain hub. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Bitcoin Nearing $17K Despite BlockFi Bankruptcy Filing
DFD Partners President Bilal Little discusses his outlook for bitcoin (BTC) as the cryptocurrency rises toward $17,000 despite ongoing concerns about FTX fallout and macroeconomic uncertainties.
