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Blackrock Partners With Coinbase to Offer Crypto Services to Institutions
BlackRock, the world's biggest asset manager, has formed a partnership with publicly traded crypto exchange Coinbase (COIN) to make crypto directly available to institutional investors. COIN shares soared as much as about 40% on the news. "The Hash" panel discuss what this means for mainstream adoption.

New Senate Committee Plan Could Grant CFTC Primary Crypto Jurisdiction
The Senate's agriculture committee, which oversees the Commodity Futures Trading Commission (CFTC), introduced a bipartisan bill Wednesday that would grant the CFTC "exclusive jurisdiction" over cryptocurrency trades that meet commodities law. "The Hash" discusses the latest in the U.S. crypto regulatory landscape amid an ongoing turf war.

Broker Robinhood Cuts Workforce by 23%, Shares Jump
Online trading brokerage Robinhood (HOOD) is cutting headcount by 780 workers, or about 23% its employees, in order to further streamline costs amid a continuing decline in monthly active users on the platform. In a press release, Robinhood CEO Vlad Tenev said it was due to “deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash." "The Hash" team discusses the fate of Robinhood and where it could be headed next.

Report: Facebook Shifting Away From News, Betting Big on Creator Economy
Facebook is scaling back from its news tab and bulletin newsletter platform as the social media giant focuses more on the creator economy, according to a Wall Street Journal report. "The Hash" panel hosts discuss what this suggests about the future of Meta and online news.

Solana Wallets Drained in Multimillion Dollar Exploit
An unknown attacker drained funds from over 8,000 internet-connected “hot” wallets on the Solana network including Phantom, Slope and TrustWallet to a total estimated loss of around $8 million. “The Hash” panel discusses the outlook for the Solana ecosystem as the latest victim of a major crypto exploit.

NFT Marketplace Magic Eden Announces Ethereum Expansion
Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.

Coinshift Partners With Deepak Chopra-Linked DAO for Treasury Management
DAO tooling startup Coinshift has partnered with EarthFund, a crypto crowdfunding company linked to self-help guru Deepak Chopra that creates decentralized, philanthropic communities, to manage its ecosystem of treasuries. "The Hash" team discusses the emerging trend of crypto for social good.

Hackers Drain Nearly $200M From Cross-Chain Token Bridge Nomad
Nomad bridge suffered an attack on Monday as hackers drained the protocol of virtually all of its funds to a total of nearly $200 million. "The Hash" panel discusses the latest crypto hack, how investors should protect their digital assets and the potential risks of cross-chain bridge models.

Putting it on the Diamond Chain: Tiffany and Co Reveals $50K CryptoPunk Pendant
Luxury jewelry brand Tiffany and Co. (TIF) is selling 250 customized, diamond-encrusted pendant necklaces for 30 ETH (around $50,000) each exclusively to holders of the famed avatar collection CryptoPunks. “The Hash” hosts discuss the significance of the luxury industry’s latest leap forward into Web3.

American Express Leads the Latest $8.4M Funding Round for NFT Platform OneOf
Sustainability-focused non-fungible token (NFT) platform OneOf has raised $8.4 million in a strategic funding round that included Amex Ventures, the venture capital arm of American Express. The credit card company will host an exclusive pop-up event that includes OneOf NFTs. “The Hash” panel discusses the outlook for corporate NFTs amid continued interest from TradFi titans.
