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Will PayPal’s Stablecoin Shake Up Crypto Legislation Talks in Washington?
For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins. "The Hash" panel discusses the parallels between Libra and fintech giant PayPal's newly launched PayPal USD (PYUSD). Plus, a closer look at how lawmakers are reacting to PayPal's dollar-pegged stablecoin debut.

Worldcoin Activity Suspended in Kenya Over Security and Privacy Concerns
According to a Facebook statement, Kenya's Ministry of the Interior has suspended the operations of Worldcoin as the country's financial, security and data protection services investigate the project. "The Hash" panel shares their thoughts on the legitimacy of the identity crypto protocol co-founded by OpenAI's Sam Altman.

Zuckerberg Says Meta Has 'Exciting Roadmap' With Threads, AI Products in Pipeline
Mark Zuckerberg, founder and CEO of Facebook parent Meta, says the firm isn't giving up on the metaverse anytime soon. This comes as Meta's metaverse division Reality Labs reported $276 million in sales and $3.7 billion in losses for Q2 2023. Journey Chief Metaverse Officer Cathy Hackl discusses her take on Meta's vision for the metaverse and artificial intelligence (AI).

Legal Expert Weighs in on Gemini's Lawsuit Against DCG
Crypto firm Gemini sued Digital Currency Group last week, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis, which held funds for Gemini tied to the latter company's Earn program. Hodder Law Firm Managing Partner Sasha Hodder discusses the key takeaways. Plus, what to make of Twitter threatening to sue Facebook parent company Meta over the Threads app. CoinDesk and Genesis are both owned by DCG.

Legal Expert Addresses Twitter's Lawsuit Threat Against Meta Over Threads
Sasha Hodder, founder and managing partner of Hodder Law Firm, addresses Twitter's threat of legal action against Facebook parent company Meta. "If it's true that these people went over there and took their trade secrets that they learned for years at Twitter, and then handed it over to Facebook and built this program using the same source code, certainly there would be some remedies available Elon, under various trade secret laws," Hodder said.

Twitter Threatens Legal Action Against Meta After Threads Debut
"The Hash" hosts discusses the hype around Threads, a new social media app built by the Instagram team at Facebook parent company Meta. Plus, Twitter's response to the competition as Mark Zuckerberg says Threads has drawn 30 million users just a day after the launch of its initial version.

Meta Launches Twitter Rival 'Threads,' Competing with Crypto's Town Square
Facebook parent company Meta has announced the initial version of "Threads," a new social media app built by the Instagram team that aims at "sharing with text." "The Hash" panel discusses its rivalry against the cryptocurrency industry's town square, Twitter, and the other competition among social media platforms.

Meta Faces Record $1.3B Privacy Fine From E.U.
Facebook parent Meta Platforms was fined a record privacy penalty of $1.3 billion by European Union lawmakers for mishandling U.S. user information. "The Hash" panel discusses the fine and the potential use cases of Web3 for data privacy protection.

Meta to Lay Off 10K Employees, End Support for NFTs on Instagram, Facebook
Meta Platforms Inc. is planning on cutting around 10,000 jobs in another round of layoffs. Separately, the parent company of Facebook and Instagram is winding down its integration of non-fungible tokens (NFTs) on its platforms. “The Hash” panel weighs in on the latest news from the tech giant.

Facebook Parent Meta Exploring Decentralized Text-Based App: Report
Meta Platforms (META), the parent company of Facebook, is working on a decentralized text-based app, according to a report by TechCrunch on Friday. "The Hash" panel discusses Meta's latest push towards decentralized social media and the potential outcomes.
