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Goldman Sachs: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets. “The Hash” hosts dig into the report, discussing whether bitcoin moves in sync with the traditional markets.

Crypto Has Parallels With Subprime Mortgage Crisis, Says Paul Krugman
Longtime crypto skeptic and Nobel Prize-winning economist Paul Krugman said in an opinion piece for The New York Times Thursday he sees “uncomfortable parallels” between crypto and the subprime mortgage crisis of the 2000s.

FriesDAO Wants to Start a Crypto-Crowdfunded Fast Food Franchise
Crypto group FriesDAO is starting a $9.7 million fundraising drive to support plans for starting a fast food franchise, in a move reminiscent of ConstitutionDAO’s attempts to buy a copy of the U.S. Constitution. “The Hash” group discusses the latest in the world of decentralized autonomous organizations (DAOs) bridging blockchain and business.

Senator Warren Targets 6 More Crypto Miners for Their Energy Use
U.S. Sen. Elizabeth Warren (D-Mass.) expanded her inquiry of bitcoin miners’ energy usage and their environmental footprint, sending letters Thursday to six more miners, including Riot Blockchain and Marathon Digital Holdings. In December, Warren wrote to Greenidge Generation. "The Hash" team reacts, discussing the industry implications in the wake of China's crypto mining crackdown.

Wonderland Rattled After Co-Founder Tied to Failed QuadrigaCX Exchange
Wonderland’s TIME tokens fell 32% Thursday after blockchain sleuths revealed "Sifu," a core member of the founding team, is an alleged long-time serial scammer. With a conviction and deportation on his record, "Sifu" was also the co-founder of failed Canadian crypto exchange QuadrigaCX. "The Hash" hosts discuss the latest development turning heads in the world of DeFi.

Coinbase Close to Listing Solana Ecosystem Tokens, Sources Say
According to four CoinDesk sources familiar with the plans, Coinbase is readying withdrawals of SPL, or “Solana Program Library,” tokens comparable to Ethereum’s ERC-20. “The Hash” panel discusses the major development in Coinbase’s token onboarding strategy and what this could indicate about the state of crypto exchanges.

Warner Music Group to Launch ‘Concert Theme Park’ in Sandbox Metaverse
Warner Music Group (WMG) is entering the metaverse with a music-focused theme park in The Sandbox, featuring “concerts and musical experiences” from its star-studded roster of artists. "The Hash" squad discusses the latest major music player looking to expand its audience into virtual worlds.

Amazon Marketplace Owners Can Now Be Bought Out in Crypto
Amazon Marketplace owners who sell their business to Elevate Brands will now have the option of being paid in crypto in partnership with Coinbase Prime. “The Hash” team discusses what this means for Amazon following the industry’s first institutional mergers and acquisitions (M&A) rollup offering bitcoin as a payout option.

Turkish President Calls for Metaverse Research
Turkish President Recep Tayyip Erdoğan has ordered the ruling Justice and Development Party (AK Party) to conduct a study on the metaverse, cryptocurrencies, and social media. This comes amid Turks flocking to crypto to escape the plunging lira as inflation hits a 19-year high. "The Hash" squad reacts, discussing the significance of Turkey potentially considering a metaverse strategy.

Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke
"Grimacecoin," a token created after a McDonald’s joke tweet, surged as much as 285,641% for a few hours Wednesday. Tesla CEO Elon Musk tweeted, “I will eat a happy meal on TV if McDonald’s accepts Dogecoin," to which McDonald's replied, “Only if Tesla accepts grimacecoin,” referencing its purple mascot fashioned after a taste bud. "The Hash" panel discusses the latest instance of Musk's influence on the meme economy.
