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Blockchain
Galaxy’s Novogratz Stays Optimistic on Crypto Adoption Even as Markets Languish
Galaxy Digital CEO Mike Novogratz spoke at a conference on Wednesday, noting the company is in a “really good position to build through this downturn.” "The Hash" discusses the billionaire investor's outlook and his thoughts on crypto adoption.

UFC Taps VeChain as First Official Layer 1 Blockchain Partner
The multi-year deal was reportedly worth $100 million.

Orderly Network Raises $20M for DeFi Infrastructure on Near Protocol
The decentralized exchange offers permissionless spot and future order book trading infrastructure.

Will El Salvador Default on its Sovereign Debt in 2023?
El Salvador has an $800M sovereign bond due in January 2023 while the issuance of a $1 billion bitcoin bond is delayed. Frank Muci, LSE School of Public Policy fellow, discusses the key takeaways of his recent op-ed on El Salvador’s massive debt and the potential ramifications if it were to default.

Long Term Bitcoin Holders Have Absolute Advantage in Bitcoin Investment
BTC is down by 34% so far this year and is approaching the middle or late stage of a bear market. Plus, insights into how long-term bitcoin holders have an absolute advantage over short-term holders in BTC investment. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Solana Commits $100M to Support South Korean Crypto Projects
Solana will pump up to $100 million into South Korean crypto startups as it looks to penetrate a developer market still reeling from last month’s Terra ecosystem collapse. “The Hash” team discusses the investment and why Solana is courting South Korea’s crypto games development sector.

Ethereum’s Ropsten Testnet Has Completed its Merge
The Ethereum blockchain’s first dress rehearsal for its upcoming merge was successfully completed Wednesday. “The Hash” discusses the long-awaited milestone in Ethereum’s journey toward a new proof-of-stake (PoS) consensus mechanism.

DeversiFi Launches Cross-Chain Swaps for Bridgeless DeFi Transactions
The DEX aims to eliminate the gas fees and extra steps associated with multi-chain ecosystems, even if it sacrifices network security.

Bitcoin Falls Below $30K as Bullish Momentum Wanes
Bitcoin tumbles back below $30,000 amid liquidity pressure. TradeStation Group VP of Market Intelligence David Russel discusses his crypto markets analysis and outlook. Plus, his take on S&P 500, Chinese stocks, their impact on the global crypto markets and the rising recession risks.
