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Crypto exchange Huobi saw turbulent trading in its HT token during Asian daytime hours after it confirmed a 20% staff reduction. The exchange has experienced outflows of $64 million in the past 24 hours, according to Nansen. "The Hash" group shares their hot takes on Huobi's latest development and other top stories of the day.

Tron's Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange

Community sentiment soured around Huobi, which has Tron founder Sun as an adviser, after it said it will lay off hundreds of staff in coming weeks.

Jan 6, 2023 at 9:56 a.m. UTC
CoinDesk - Unknown

NEAR Protocol: Optimized for Disruptive Developers

Sponsored by NEAR
Dec 15, 2022 at 10:11 p.m. UTC

Case for Bitcoin Weakens as Global Stockpile of Sub-Zero Bond Yields Vanishes

Back in late 2020, analysts regularly cited the towering stockpile of negative-yielding debt as a source of bullish momentum for bitcoin.

Jan 6, 2023 at 9:26 a.m. UTC

Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares

The FTX founder, who says he needs the money to pay his legal fees, is fighting rival claims to the stake by his former company and crypto lender BlockFi.

Jan 6, 2023 at 9:23 a.m. UTC

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Crypto 2023

After FTX, Where Does the Industry Go From Here? A Series Exploring What Could, and Should, Happen in the Year To Come. Presented by Bitstamp.


Discovery

Crypto Crooks 4X3

Crypto Crooks: Podcast Trailer

Crypto Crooks” will tell the stories of the biggest and wildest crypto crimes through a true-crime lens.

Dec 19, 2022
Money Reimagined Podcast Cover

The Drama of It All: A Look Back at 2022 and a Peek Into the Year to Come

Michael and Sheila in a broad conversation reflect on last year's happenings in crypto and discuss their expectations and concerns for the future.

Jan 6, 2023
BD-01-05-2023

The Fed Is Scared of Stock Market Animal Spirits

A hawkish Federal Reserve shows nervousness about market enthusiasm in the just-released FOMC minutes.

Jan 5, 2023

Markets

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Companies

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CDCROP: Weekly Unemployment Claims Rise Higher Than Expected (David McNew/Getty Images)

US Adds 223K Jobs in December, Unemployment Rate Falls to 3.5%

The jobs market remained strong/began to show signs of weakening to close out 2022.

Jan 6, 2023
CDCROP: Silvergate Bank HQ (Will Foxley/CoinDesk)

Crypto Bank Silvergate Downgraded by Wall Street Banks, Moody's After Q4 Results; Shares Slump

The Wall Street bank cut the stock to “neutral” from “overweight” and slashed its price target to $14 from $30.

Jan 6, 2023
CDCROP: Bail Hearing Held For FTX Founder Sam Bankman-Fried

Sam Bankman-Fried Seeks to Keep Grasp on $450M in Robinhood Shares

The FTX founder and former CEO says he needs the money to pay his legal fees, despite rival claims by the company and by crypto lender BlockFi.

Jan 6, 2023
AI Artwork Hong Kong Network (DALL-E/CoinDesk)

How AI Could Solve the Metaverse’s Language Problem

Onemeta AI Could Solve a Metaverse Problem: Real-Time Translation.

Jan 6, 2023

Technology

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