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OpenSea Lays Off 20% of its Staff Amid Crypto Winter
NFT marketplace OpenSea has laid off about 20% of its staff as it prepares for the possibility of an extended crypto downturn. "The Hash" squad discusses the outlook for digital collectibles and the crypto job market amid an industry-wide wave of layoffs and hiring freezes.
South Park Mocks Matt Damon, Celebrity Crypto Endorsements
South Park’s latest made-for-TV film takes aim at Matt Damon’s “Fortune Favors the Brave” commercial for Crypto.com and other celebrities who have endorsed crypto. “The Hash” panel discusses what to make of South Park’s roast and the pros and cons of celebrity endorsement.
Celsius CEO: Bankruptcy Filing Is 'The Right Decision'
Celsius co-founder and CEO Alex Mashinsky responds to the crypto lender filing for bankruptcy protection, noting in a press release that it's the "right decision for our community and company.” "The Hash" panel discusses his statement and the future of the company.
CoinFLEX Restarts Withdrawals With 10% Limit
After suspending withdrawals in June, physical futures crypto exchange CoinFLEX is now allowing customers to withdraw 10% of their account balances, excluding its flexUSD (FLEXUSD) stablecoin. “The Hash” team weighs in on CoinFLEX’s latest guidelines and what it could mean for the crypto industry at large.
Polygon Joins Disney’s Accelerator Program to Develop AR, NFT and AI Experiences
Ethereum scaling tool Polygon is continuing to expand its Web3 infrastructure through its participation in Disney’s 2022 Accelerator program, designed to spur the growth of innovative companies around the world. "The Hash" squad discusses Polygon's latest moves and the potential outcomes.
Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs
Crypto miner CleanSpark has purchased 1,061 bitcoin mining rigs that are already in operation at hosting firm Coinmint’s facility in New York. In June, the Las Vegas-based miner bought contracts for another 1,800 mining rigs. “The Hash” hosts unpack what this means for the bitcoin mining ecosystem.
Charlie Munger: Crypto Is ‘An Investment in Nothing,’ Avoid it Like ‘an Open Sewer’
In an interview with The Australian Financial Review, billionaire investor Charlie Munger calls crypto an “investment in nothing.” “The Hash” panel reacts to the Berkshire Hathaway vice chairman’s latest criticism of digital assets.
What 9.1% Inflation Means for Your Wallet and Crypto
The U.S. Consumer Price Index (CPI) rose 9.1% in June, accelerating from May's 8.6% pace to a fresh 40-year high. "The Hash" panel unpacks the latest inflation report and discusses what this means for everyday consumers, investors and crypto markets.
Mila Kunis-Linked Web3 Studio Exploring Entertainment NFTs; Tony Hawk Skates Into the Metaverse
Toonstar, the Web3 animation studio that co-produces The Gimmicks with Mila Kunis’ company Sixth Wall is hoping to take Web3 mainstream through entertainment non-fungible tokens (NFT). Separately, famed skateboarder Tony Hawk announces plans to create the “largest virtual skatepark ever made” in The Sandbox.
Vitalik Buterin Strikes Back at Proof-of-Stake Critics
Ethereum co-founder Vitalik Buterin took to Twitter to defend the blockchain’s historical move to proof-of-stake (PoS), responding to critics suggesting digital assets secured by such consensus mechanisms are securities. “The Hash” team discusses Buterin’s comments ahead of the upcoming merge.