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Crypto Exchange Bybit to Cut 30% Staff Amid Crypto Winter
Crypto exchange Bybit will implement another round of job cuts, 30% of all staff, as it tries to refocus its operations amid a "deepening bear market," CEO Ben Zhou announced on Sunday in a Twitter post. "The Hash" panel discusses the latest fallout of crypto winter.
Reddit Avatar Tokens Set Minting Record
Collectible Avatars, a set of art tokens based on the Polygon blockchain by social network Reddit, set a minting record of more than 255,000 unique avatars on Saturday, data queried by Dune Analytics shows. "The Hash" hosts discuss the latest in the world of NFTs.
Stablecoin Issuer Circle Scraps Plan to Go Public
Circle, the company behind stablecoin USDC, has terminated its agreement with special-purpose acquisition company Concord Acquisition Corp., thereby stepping back from its plan to go public. The stablecoin issuer had announced plans to go public in July 2021, with a valuation of $4.5 billion. The valuation was later doubled when the firms amended their terms in February. "The Hash" panel discusses what this means for the future of mainstream stablecoin adoption as crypto contagion continues to spread.
Sam Bankman-Fried Is a 'Master of Deflection': Legal Expert
Murphy & McGonigle founder James Murphy reacts to former FTX CEO Sam Bankman-Fried's unprecedented media tour, saying he's a "master of deflection" by not directly answering reporters' questions. "You see this often with con men who really believe that they can convince the world of what they're saying."
Have Retail Investors Lost Faith in Altcoins?
Arca Head of Research Katie Talati says retail investors have "definitely not" lost faith in altcoins, even following the collapse of FTX. But, she referenced layer 1s that don't "have necessarily a lot of unique features about them ... may not be investable."
CoinDesk's Most Influential 2022 Reflects 'Huge Passion' and 'Loss of Faith' In Crypto
CoinDesk released its 11th annual definitive list of the biggest change makers in crypto and Web3 – Most Influential 2022. Head of Magazine Ben Schiller discusses the "mixed bag" of influential figures, reflecting the ups and downs of this year.
Innovation vs Regulation
Could Hong Kong and Singapore rival the U.S. together? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Most Influential 2022: The People Who Defined the Year in Crypto
CoinDesk unveiled its 2022 Most Influential list, the definitive list of the biggest change makers in crypto, blockchain and Web3 this year. CoinDesk Head of Magazine Ben Schiller discusses the rankings and partnerships with artists to immortalize on-chain a number of winners. Plus, insights into the launch of "Consensus Magazine" and how viewers can claim DESK tokens.
Most Influential 2022 NFT Collection
CoinDesk has partnered with 14 truly incredible artists to immortalize on chain some of the Most Influential 2022, whose NFT portraits will be made available in an exclusive auction being held on Coinbase NFT. CoinDesk Head of Magazine Ben Schiller discusses the highlights.
Questions Lawmakers Should Ask Sam Bankman-Fried: Legal Expert
Former FTX CEO Sam Bankman-Fried tweeted that he will testify before the House Financial Services Committee after "learning and reviewing what happened" to his insolvent crypto exchange. James Murphy, securities Lawyer and founder of law firm Murphy & McGonigle, outlines the questions he thinks lawmakers should ask SBF.
