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Doodles CEO on Pharrell Partnership, First Funding Round Led by Reddit Co-Founder
Pharrell has joined popular NFT project Doodles as the new Chief Brand Officer, also serving as executive producer on Doodles’ first music release in partnership with Columbia Records. Doodles CEO Julian Holguin shares his insights, along with the latest fundraise led by Reddit co-founder Alexis Ohanian, the new Doodles 2 collection and its competition.
ProShares to List First US Short Bitcoin ETF on NYSE
Investment product provider ProShares is set to list the first U.S. exchange-traded fund (ETF) allowing investors to bet against the price of BTC. ProShares Global Investment Strategist Simeon Hyman shares insights, saying "it's really hard to short bitcoin ... so offering this is an opportunity for regular retail folks."
Big Outflows Spotted From Exchanges to Private Wallets
Big outflows were spotted Monday from exchanges to private wallets, according to data from Glassnode. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
New Crypto Bill Could Positively Impact US Bitcoin Miners
Volt Equity Head of Research Nelson Hsieh discusses a sweeping new bill intended to specify the rules and roles for crypto regulation, and its potential positive impact on U.S. bitcoin miners.
Ukraine Sells Donated CryptoPunk NFT for $100K to Support War Effort
Ukraine has sold CryptoPunk #5364, the highly valued NFT it received as a donation in March during its fundraising campaign against Russia’s attacks. Alex Bornyakov, the country’s deputy minister of digital transformation, announced the sale in a tweet. The NFT was sold to an anonymous buyer for 90 ETH, worth roughly $100,000.
FTX Backs Out of Sports Deals Amid Crypto Winter: Report
The New York Post is reporting that FTX is dropping out of discussions for certain major league sport deals amid the recent crypto market downturn. “The Hash” discusses the latest volatility and future of sports sponsorships for crypto companies.
BlockFi Receives $250M Credit Facility From FTX
Crypto lending platform BlockFi secured a $250 million revolving credit facility from FTX. BlockFi CEO Zac Prince notes the move “bolsters our balance sheet and platform strength," and added that "the proceeds of the credit facility are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan collateral) and will be used as needed."
Elon Musk Reiterates Dogecoin Support Despite Lawsuit
“The Hash” team discusses Elon Musk’s recent tweet about “supporting Dogecoin,” despite the Tesla CEO facing a $258 billion lawsuit over claims of an alleged pyramid scheme to back the cryptocurrency.
Steve Aoki on The Sandbox, NFTs, A0k1verse, and the Future of Crypto
Grammy-Nominated Artist and Producer Steve Aoki talks about his land in The Sandbox, as he described his "insane playhouse, Aoki's playhouse," the metaverse, A0k1verse, and his NFT plans with Snoop Dogg. When asked about the future of crypto Steve said, "I do" think crypto has a future.
All About the Future of The Sandbox and the Metaverse
Co-founder and COO of The Sandbox, Sebastien Borget, discusses the latest developments for his metaverse, including a digital “Times Square” and a partnership with Ledger. Borget also weighs in on the future of the Metaverse and Crypto, stating “I definitely expect more stability but also just more growth in the future.”