THE HASH: Bitcoin Miner Core Scientific Files for Bankruptcy; Paxful Removes ETH From Platform
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 21 December 2022
⏱️ 28 minutes
🧾️ Download transcript
Summary
This episode is sponsored by Bitstamp and the Galaxy Brains Podcast.
The most valuable crypto stories for Wednesday, Dec. 21, 2022.
"The Hash" group discuss today's top stories, including another domino falling during crypto winter as bitcoin miner Core Scientific files for chapter 11 bankruptcy. Plus, a creditor committee that includes crypto exchange Gemini has presented a plan to Genesis and Digital Currency Group (DCG) to “provide a path for the recovery of assets." DCG is the parent company of CoinDesk. And, Paxful CEO Ray Youssef announces ether's (ETH) removal from his marketplace.
See also:
Genesis, DCG Creditors Propose Plan to Resolve Liquidity Issues, Gemini Says
Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform
Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders
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This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Galaxy Brains: Whether it’s breaking down market volatility or analyzing the latest development, come for the latest market insights from our in-house trading professionals and renowned experts from across the industry. Stay for the occasional rap from host Alex Thorn. Check out the latest episodes here: https://www.galaxy.com/research/podcasts/galaxy-brains/?utm_source=Hash&utm_medium=podcast&utm_id=CoinDesk
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Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. |
| 0:49.6 | This episode of The HASH is sponsored by BitStamp and the Galaxy Brains podcast. |
| 1:02.4 | This is the HASH podcast. Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more, |
| 1:10.0 | with stories that matter to the crypto world, |
| 1:12.3 | all on the hash for your ears. |
| 1:16.0 | You're listening to the Coin Desk Podcast Network. |
| 1:26.3 | Hey there, Hash fans. You're watching Coin Desk TV. It's Wednesday. It's the winter solstice. |
| 1:31.4 | It's going to be dark pretty early today. But happy winter solstice. Happy Wednesday. Thanks for being here. |
| 1:37.0 | I'm Zach. Jen, Will, Wendy, we're the hash. We're going to toss it to Will with some bankruptcy. |
| 1:45.5 | Oh, sorry, Wendy with some bankruptcy news. |
| 1:48.6 | Wendy, who is at this time? |
| 1:50.5 | Who's filing for bankruptcy protection? |
| 1:53.4 | How dare you, sir? |
... |
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