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CoinDesk Podcast Network

THE HASH: Hash Headlines – Top Stories of the Week

CoinDesk Podcast Network

CoinDesk

Business News, News, Daily News, Tech News

4.7698 Ratings

🗓️ 23 July 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

A roundup of the week’s most valuable crypto stories for Saturday, July 23, 2022. Missed any episodes of “The Hash” this week? Today’s recap episode will get you caught up. “Hash Headlines” rounds up this week’s headline stories, including: Celsius Network outlining its next steps as the insolvent crypto lender's bankruptcy hearing starts. Court documents indicate a connection between crypto trading firm TPS Capital and Three Arrows Capital. The latest on inflation in the U.S. The arrest of a former Coinbase product manager on charges of wire fraud and insider trading. The founders of insolvent crypto hedge fund Three Arrows Capital have broken their silence in an interview with Bloomberg. This episode was edited by Eleanor Pahl and our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:52.9

You're listening to the Hash headlines on the CoinDest Podcast Network.

1:01.3

And just a reminder, CoinDesk is a new source and does not provide investment advice.

1:08.0

Hello, everyone, and welcome to The Hash.

1:11.1

You are watching us on Coin Desk TV and listening on the Coin Desk Podcast Network.

1:16.1

I'm Jen Sanasi.

1:17.3

We're joined today by Sendali, Handagama, Wendy O, Will Foxley, George Kuludis, and Adam B. Levine.

1:25.7

Will, I think you have our first story. Let's talk about Celsius.

1:30.2

They're going to bankruptcy court, and we got a nice snapshot of their current asset holdings and

1:34.7

liabilities last week, including a few interesting details. One bit, they included $600 million,

1:41.7

I believe, attributed to their token sell, CEL, but in reality, it's

1:46.7

only worth around $100, $120 million just because the asset itself, a token has depreciated

1:51.8

in price so much since Celsius blew up. Also included some interesting notes, like some mining

...

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