THE HASH: Celsius Network Might Turn its Debt Into Crypto ‘IOU’ Tokens; Crypto Mining Woes Linger
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 23 September 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Friday, Sept. 23, 2022.
"The Hash" hosts discuss the bankrupt crypto lender Celsius Network as it appears to be considering a plan to turn its debt into crypto “IOU” (“I Owe You”) tokens. Plus, what Compute North's bankruptcy filing means for giants like Marathon Digital, as a BTIG analyst downgrades the stock from buy to neutral.
See also: Celsius Network Might Be Planning to Turn Its Debt Into Crypto ‘IOU’ Tokens
Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts
Compute North Files for Bankruptcy as Crypto-Mining Data Center Owes up to $500M
Utah Man Charged With 7 Felonies in Connection to Alleged $1.7M Crypto Mining Scam
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This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. This is the hash podcast. |
| 1:00.0 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with stories that matter to the crypto world. |
| 1:07.3 | All on the hash for your ears. |
| 1:10.6 | You're listening to the Coin Desk Podcast Network. |
| 1:15.4 | Good morning. It's Friday. I hope you guys had a good Thursday. Jen, how you doing? Great |
| 1:21.6 | Thursday. Getting ready for the weekend. You're doing good. That's good to hear. Sam, how you doing? |
| 1:27.5 | Doing good. Thank you both for having me. Good, good long week. You're doing good. That's good to hear. Sam, how you doing? Doing good. |
| 1:28.2 | Thank you both for having me. |
| 1:30.2 | Good. |
| 1:30.9 | Yeah, great to see you guys on the hash. |
| 1:32.6 | We got a lot of topics to cover. |
| 1:34.0 | You know, it's a little more relaxed feeling. |
| 1:35.7 | You got a great September Friday going on right now. |
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