Celsius reveals US$1.2B financial hole; Terra subsidiary investigated
Description
1. Celsius reveals US$1.2 billion hole in balance sheet
2. Opensea cutting 20% of its workforce
3. Circle’s reserve breakdown shows US$13.58B cash and US$42.12B in U.S. Treasurys
4. Eth2 merger closer as ninth shadow fork goes live
5. Report says Terra subsidiary used as funds channel for overseas affiliates
6. Play-to-earn games shifting focus to fun
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 15th.
Speakers
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Marrtin Hoon, CEO, Metaone
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Gabby Dizon, Co-Founder, Yield Guild Games
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Gen Kanai, Director of Strategic Partnerships, Animoca Brands
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Joel Flynn, Chief Correspondent, Forkast News