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Polygon Raises $450M to Build Web 3 Applications, Invest in Zero-knowledge Tech

Polygon, a secondary scaling solution for the Ethereum blockchain, raised $450 million in a funding round to support its plans for building Web 3 applications and investing in zero-knowledge technology. Its native MATIC token surged over 15% after the announcement. "The Hash" panel discusses the industry implications for the project's first major raise since it was founded in 2017.

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JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report

In his 30-page investigation that riffs on the 1941 film “The Maltese Falcon,” Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, slams blockchain and crypto to say bitcoin’s lofty valuations are the “stuff that dreams are made of.”

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Binance CEO Warns of ‘Massive’ SMS Phishing Scam

Binance CEO Changpeng “CZ” Zhao warned Friday of a “massive phishing scam via SMS” with a link to cancel withdrawals that leads to a website that harvests Binance users’ credentials. “The Hash” hosts discuss the latest story signaling the importance of personal security in the crypto space.

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Meta’s $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta’s metaverse strategy impact the market perception of other digital worlds? “The Hash” panel weighs in.

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Meta's $10B Loss in Metaverse Business Sending Ripple Effect Across Sectors

Metaverse-related tokens took a hit in the past two days as Meta (formerly Facebook) reported a $10 billion loss on its augmented and virtual reality (VR) division in an earnings release earlier this week. How does the setback in Meta's metaverse strategy impact the market perception of other digital worlds? "The Hash" panel weighs in.

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GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund

After hinting its plans for the metaverse in a Web 3 job posting in October, GameStop is partnering with layer 2 system Immutable X for the launch of its non-fungible token (NFT) marketplace. “The Hash” panel discusses the implications of the rollout amid continued NFT backlash in the gaming community.

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Blockchain Platform Wormhole Says It's Retrieved $324M Stolen by Hackers

Popular cross-blockchain bridge Wormhole confirmed Thursday all of its funds worth over $326 million stolen from its latest exploit had been restored, and that the bridge’s operations had resumed after the attack vector had been patched. "The Hash" team discusses the latest incident causing a stir in the Solana DeFi landscape.

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Steve Aoki on Launching NFT Membership Community A0K1VERSE

Two-time Grammy nominated producer and DJ Steve Aoki joins "The Hash" to share insights into the launch of "A0K1VERSE," an NFT-gated membership club for exclusive access to events and rewards in both the metaverse and real life. "We are building a new frontier," Aoki said. Plus, his thoughts on Web 3, celebrities riding the crypto wave, and more.

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Where Is Diem Creator David Marcus Headed Next?

David Marcus, co-founder of the Diem project (formerly Libra) originally launched from Meta (formerly Facebook), tweeted Tuesday, predicting that bitcoin will be the No. 1 asset in the next 20 years, while the No. 2 asset is yet to be determined. This comes as Silvergate Bank confirmed Monday Diem is shutting down.

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Coachella Music Festival to Launch Solana NFTs in Deal With FTX

As part of a partnership with crypto exchange FTX, the Coachella Valley Music & Arts Festival, set to return this April after a two-year hiatus, has announced a series of non-fungible tokens (NFTs) offering on-site perks and VIP access to the event. "The Hash" team discusses the latest move signaling NFTs taking off in the music industry and bringing mainstream blockchain awareness to the masses.

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