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Short Sellers Ramping Up Bets Against Tether Amid Market Meltdown
Institutional investors are increasingly shorting tether (USDT), the world’s largest stablecoin, amid a wider market sell-off and on the heels of TerraUSD (UST)’s collapse. “The Hash” hosts discuss why Wall Street could be betting big against tether and what this means for the industry.

FTX Token DAO Raises $7M From Community of Sam Bankman-Fried Fans
A community dedicated to FTT, the native token of crypto exchange FTX, has raised $7 million (250,000 FTT), which will be converted into an ecosystem fund for community-led projects across DeFi and crypto education. "The Hash" team discusses the latest in Sam Bankman-Fried's crypto empire.

Digital Toy Platform Cryptoys Raises $23M From A16z, Dapper Labs, Mattel
Digital toy platform Cryptoys has raised $23 million from Andreessen Horowitz (a16z), Dapper Labs and toy manufacturing giant Mattel to bring NFTs to kids in the form of colorful characters via Flow blockchain. “The Hash” team discusses the latest in the worlds of toys, Web3 and gaming, and the questions of intellectual property (IP).

Moody’s Downgrades Coinbase’s Debt on Profitability Concerns
Ratings agency Moody’s has downgraded Coinbase’s corporate debt, also placing its debt ratings under review for further downgrades. “The Hash” hosts discuss the potential limits of applying Wall Street analytics to crypto markets, and what this reveals about the Coinbase’s fate as the crypto exchange gets caught in a bear cycle.

Gucci Invests in DAO of NFT Marketplace SuperRare to Launch Digital Art Vault
Gucci is buying into its first decentralized autonomous organization (DAO) via a new partnership with non-fungible token (NFT) marketplace SuperRare. “The Hash” hosts discuss Gucci’s continued bets in Web3 and the outlook for luxury brands entering the crypto space.

Binance Signs Football Star Cristiano Ronaldo for NFT Push
Crypto exchange Binance has entered an exclusive multi-year non-fungible token (NFT) partnership with football legend Cristiano Ronaldo. “The Hash” squad discusses the latest celebrity NFT push potentially bringing Web3 and digital collectibles to global sports fans.

Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
Crypto broker Voyager Digital reduced its daily withdrawal limit to $10,000 from $25,000 after detailing its exposure to struggling hedge fund Three Arrows Capital (3AC). Shares of Voyager Digital fell more than 60%. "The Hash" panel discusses the ripple effects of 3AC's continued downturn.

Coinbase Phasing Out ‘Coinbase Pro’ for ‘Advanced’ Mode in Main App
Crypto exchange Coinbase will phase out its trader-focused “Coinbase Pro” in favor of “Advanced Trade,” a similar exchange service that lives alongside Coinbase’s other crypto investment products, unlike Pro. “The Hash” panel discusses the latest move from Coinbase and what this means for accessibility.

Why Miners are Dumping Their Bitcoin Holdings
A new report by Arcane Research reveals the continued decline in crypto mining profitability has forced miners to start dumping their bitcoin (BTC) holdings. "The Hash" squad discusses the latest on the state of bitcoin mining and what it could potentially portend for market prices.

Tech Giants Create Metaverse Standards Forum for Software and Terminology Standards
Some of the biggest names in gaming and software, including Meta and Microsoft, are coming together to build the infrastructure for an interoperable metaverse. “The Hash” hosts discuss the industry implications, potential outcomes and at least one major tech player who’s missing from this group.
