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Aave’s Decentralized Social Media Platform Arrives on Polygon
DeFi lender Aave’s long-teased decentralized social media platform, Lens Protocol, is going live on the Polygon blockchain mainnet. Weeks ago, Aave founder Stani Kulechov was temporarily suspended from Twitter for proclaiming himself “interim CEO of Twitter.” “The Hash” team discusses the timing and the possible outcomes.
N3TWORK Studios Raises $46M in Funding Round Led by Griffin Gaming
Blockchain video game developer N3TWORK Studios raised $46 million in a Series A funding round led by Griffin Gaming Partners to help develop its first two crypto-native games. "The Hash" hosts discuss the latest in the crypto game economy in the push for play-to-earn gaming.
LimeWire Partners With Universal Music Group for Music NFT Licensing
LimeWire, previously a peer-to-peer music sharing platform, has signed a deal with Universal Music Group to relaunch as a digital music collectibles marketplace built on Algorand. “The Hash” panel discusses LimeWire jumping on the Web 3 bandwagon and what this reveals about the future of the music industry.
Robinhood Plans ‘Web 3’ Crypto Wallet for DeFi Traders, NFT Buyers
Robinhood plans to roll out a new standalone, self-custodial crypto wallet focused on DeFi by the end of 2022. The "Web 3 crypto wallet" will cater to more "advanced" crypto users, living separately from the trading firm's existing wallet. "The Hash" squad discusses the industry implications for Robinhood's latest move in the midst of market downturn.
Bitcoin Mining Appears to Have Survived Ban in China
China, once the world’s second largest crypto miner, has re-emerged as a major bitcoin mining hub despite last year’s ban. According to the Cambridge Centre for Alternative Finance (CCAF), miners have engaged in underground activity in the country.
Citi: Fallout From Terra Collapse Unlikely to Hit Wider Financial System
Citi's analysts said the recent weakness in bitcoin and equities, triggered in part by the collapse of the Terra ecosystem, seems contemporaneous and doesn’t show any lag or lead effect. "The Hash" hosts discuss the details of the bank's notes and outlook for global finance.
Elon Musk: Twitter Deal 'Cannot Move Forward' Pending Fake Account Data
Tesla CEO Elon Musk said his $44 billion acquisition of Twitter will be on hold until he has more clarity on the platform's "calculation" of fake or spam accounts. "The Hash" panel discusses the latest in the ongoing Musk-Twitter saga as Musk continues to rail against the bots.
A16z Addresses Crypto Industry Downturn in Inaugural ‘State of Crypto’ Report
Venture capital firm Andreessen Horowitz (a16z) has released its inaugural “State of Crypto” report that includes cyclical information relevant to the current downturn in crypto, according to draft materials provided to CoinDesk. “The Hash” team reacts, discussing their key takeaways. “The overwhelming conclusion here is, we’re still early,” host Zack Seward said.
Nayib Bukele Announces 44 Countries to Meet in El Salvador to Discuss Bitcoin
El Salvador president Nayib Bukele said on Twitter 44 countries will meet in the country on Monday to discuss “financial inclusion, digital economy, banking the unbanked, the Bitcoin rollout and its benefits.”
Terra's $38.5M Nationals Sponsorship Unfazed by UST Turmoil
Terra protocol's dramatic death spiral last week did not significantly impact its presence at the ballpark of Major League Baseball’s Washington Nationals. Terra signed a DAO-approved, five-year advertising deal with the Nationals in February for $38.5 million. "The Hash" panel discusses the latest in the Terra saga and what it reveals about the reality of major crypto sponsorship deals.