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As part of an effort to combat high gas and oil prices for Americans, U.S. President Joe Biden has ordered the release of 50 million barrels of oil held in the nation's Strategic Petroleum Reserve. "The Hash" panel discusses the potential repercussions for the crypto industry.

Nov 23, 2021

“The Hash” hosts react to crypto exchange Binance trying to rebuild its wallet to fix a technical issue resulting in numerous erroneous dogecoin transactions and frozen user accounts. The incident caught the attention of Tesla CEO Elon Musk, who started a Twitter war with Binance CEO Changpeng “CZ” Zhao.

Nov 23, 2021

Just three months after a $16 million seed round, Royal, the music tokenization platform launched by crypto-friendly DJ and entrepreneur Justin "3LAU" Blau, closed a $55 million Series A raise led by Andreessen Horowitz (a16z). "The Hash" team discusses the implications for tokenized royalties and the wider role of blockchain in the traditional music industry.

Nov 23, 2021

According to last week's research note from Morgan Stanley, metaverse gaming and non-fungible tokens (NFTs) could represent a revenue opportunity of $56 billion for the luxury market by 2030. The bank expects the total NFT market to grow to $300 billion by that year. Meanwhile, Mogran Stanley says Facebook stock is the best way to get exposure in Metaverse, adding that it's “all upside and would be another layer-cake of multi-year monetization.” The Hash" squad discusses the outlook for the luxury sector as it increasingly collides with the world of crypto. 

Nov 22, 2021

El Salvador plans to build “Bitcoin City,” an entire city based on bitcoin located along the Gulf of Fonseca near a volcano. President Nayib Bukele also said he plans on issuing a $1 billion “bitcoin bond,” a tokenized financial instrument developed by Blockstream on the Liquid Network.

Nov 22, 2021

U.S. President Joe Biden has nominated Jerome Powell for a second term as the Federal Reserve chair, after much speculation that Fed Governor Lael Brainard could replace him to lead the central bank for the next four years. Brainard will be the Fed’s vice chair when the nomination is officially signed.

Nov 22, 2021

ConstitutionDAO tried and failed to purchase one of 13 copies of the U.S. Constitution at Thursday’s Sotheby’s auction. The decentralized autonomous organization (DAO) ‘s $40+ million in ETH wasn’t enough to seal the deal and was ultimately outbid by another buyer for $43.2 million.

Nov 19, 2021

Macy's is releasing a series of parade-themed NFTs this Thanksgiving Day, with plans to donate the proceeds to charity. 9,500 NFTs will be sold through Sweet's NFT marketplace, built atop Polygon, featuring some of the parade's iconic, giant balloons dating to the 1920s. "The Hash" panel discusses the significance of the iconic Macy's Thanksgiving Day Parade marching its way to the blockchain.

Nov 19, 2021

Bitcoin is recovering to above $58,000 at press time from the low of $55,666 reached during the early European trading hours, the lowest level since Oct. 13. "The Hash" team discusses whether this could signal a bear market or just a healthy price correction.

Nov 19, 2021

TIME Magazine will hold ether on its balance sheet for the first time as part of a deal with crypto investment firm Galaxy Digital to educate readers about the metaverse. The publication is rolling out a “TIME 100 Companies” list for the metaverse and a weekly newsletter as part of the partnership. "The Hash" squad discusses the latest continuation of TIME's expansion into the world of crypto.

Nov 18, 2021