CNBC
Fanatics Reportedly Sells 60% Stake in Candy Digital to Galaxy Digital-Led Group
Sports apparel and memorabilia firm Fanatics is selling its 60% stake in sports-focused NFT company Candy Digital to a group led by Galaxy Digital, according to CNBC. "The Hash" panel discusses the latest blow to the digital collectibles industry amid a continued market downturn.
Bitcoin Mining Difficulty Surges to All-Time High; Paul Tudor Jones Still Holding Bitcoin
Bitcoin mining difficulty has surged to an all-time high, putting additional pressure on miners amid weakening prices and higher energy costs. Billionaire Paul Tudor Jones told CNBC he still has a “minor allocation” to bitcoin (BTC). Iranian Bitcoin advocate Ziya Sadr was arrested by Iranian security forces last month, according to multiple sources.
eToro Consultant on Powell’s Jackson Hole Speech: ‘Hawkish as Hell’
Cleveland Federal Reserve President Loretta Mester expects interest rates to rise above 4% in the coming months, according to a CNBC report. eToro Crypto Consultant Glen Goodman explains why the Fed is struggling with taming inflation. Plus, his reactions to Chairman Jerome Powell's Jackson Hole speech.
Crypto Exchange FTX Saw $1 Billion in Revenue Last Year: Report
Sam Bankman-Fried’s crypto exchange FTX posted $1.02 billion in revenue last year, jumping 1,000% from $89 million in the prior year, CNBC reported, citing internal documents it had viewed. FTX CEO Sam Bankman-Fried later tweeted that the numbers were “correct ballpark.” “The Hash” panel discusses the evolution of FTX’s brand and its hiring strategy.
Report Reveals Behind-the-Scenes Concerns at Celsius Before Bankruptcy Filing
According to an investigation by CNBC, trouble at crypto lender Celsius has been brewing for years before the company filed for chapter 11 bankruptcy. “The Hash” hosts break down the report, some key takeaways and the reported revelations about Celsius Network’s red flags.
FBI Says LinkedIn Is Being Used for Crypto Scams: Report
Most of the scammers have been traced to Southeast Asia. One group of victims said they lost hundreds of thousands of dollars each.
Tether General Counsel Tells CNBC Audit Is 'Months' Away
A day after rival stablecoin issuer Circle released more data about the assets behind USDC, Tether executives went on CNBC’s online show Tech Check to answer questions about its own token, USDT.
Warren Says Yellen Left No Room for Ambiguity in 'Speculative' Bitcoin Comments
Democratic Senator Elizabeth Warren backed recent comments from Treasury Secretary Janet Yellen during an interview with CNBC on Tuesday.
Jim Cramer Thinks 'Every' Corporate Treasurer Should Be Thinking Bitcoin
The CNBC host said it's almost irresponsible not to include bitcoin on balance sheets following Tesla's buy.
Wall Street, Big Tech Clamp Down on GameStop-Style Pumps; Biden Admin 'Monitoring' Situation
Market chaos fueled by a large group of Reddit traders faces strong opposition from Wall Street.
