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NFT Platform Recur to Wind Down Due to 'Unforeseen Challenges' in Business Landscape
NFT startup Recur announced plans to shut down its Web3 platform due to "unforeseen challenges and shifts in the business landscape," according to a recent post on X (formerly Twitter). This comes after Recur had a $50 million Series A funding round back in 2021. "The Hash" panel weighs in on the state of NFT markets as the crypto winter drags on.

Billionaire Investor Mark Cuban Says OpenSea Making NFT Creator Fees Optional Is a 'Huge Mistake'
NFT marketplace OpenSea plans to "sunset the OpenSea operator filter" and "move to optional creator fees on all secondary sales for new collections," according to a recent post on X (formerly Twitter). Billionaire investor Mark Cuban called the move a "huge mistake" as an OpenSea investor. "The Hash" panel shares their reactions and what this could mean for Web3 creators.

Why Did Ethereum Co-Founder Vitalik Buterin Send $1M Worth of Ether to Coinbase?
Data from Ethereum blockchain scanning website etherscan shows that Vitalik Buterin deposited 600 ether (ETH), which is worth roughly $1 million, to crypto exchange Coinbase. "The Hash" panel discusses the potential reasons behind the Ethereum co-founder's recent transaction.

Friend.tech Interest Grows as Social Platform Gains 100K Users in Days
Friend.tech, which lets X (formerly Twitter) personalities issue shares on its app for access to a closed group chat, has made over $1.04 million in fees, set at 5% of the value of each transaction over the past 24 hours. "The Hash" panel discusses the increasing interest in the social tokenization protocol as NBA player Grayson Allen and a FaZe Clan co-founder join the platform.

Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
A group of crypto investors and developers lost a lawsuit funded by Coinbase that sought to argue the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service designed to make crypto transactions anonymous. "The Hash" panel weighs in on the latest developments for Tornado Cash.

Mastercard Creates a Forum for Crypto Players to Discuss CBDCs
Payments giant Mastercard has created a forum where crypto industry players can discuss and collaborate on central bank digital currencies, injecting its influential voice into the CBDC conversation as nations around the world consider whether to digitize their money. "The Hash" panel discusses their outlook on the utility and adoption of CBDCs.

Ether Futures ETFs Are Poised for Approval by U.S. Regulators: Bloomberg
Bloomberg reports that securities regulators are poised to approve ether (ETH) futures ETFs for trading in the U.S. "The Hash" panel discusses the firms that have joined the race to list these exchange-traded funds and whether they could receive the greenlight from the U.S. Securities and Exchange Commission.

Bitcoin Price Briefly Drops Below $26K as Crypto Traders Suffer $1B in Liquidations
Bitcoin (BTC) is trading near $26,000, as the largest cryptocurrency by market cap is on track for its worst weekly decline since the collapse of FTX. "The Hash" panel discusses the state of crypto amid bitcoin's latest sell-off along with current sentiment across the industry. Plus, insights on the absence of a court decision between the SEC and Grayscale. CoinDesk and Grayscale are both owned by Digital Currency Group (DCG).

a16z Crypto CTO on ZK Projects ‘Jolt’ and ‘Lasso,’ State of Crypto Tech Research
Venture-capital giant Andreessen Horowitz (a16z) is jumping into crypto tech research with the release of a pair of open-source software projects aimed at speeding up the core tech behind zero-knowledge (ZK) proofs. a16z crypto chief technology officer Eddy Lazzarin joins "The Hash" to discuss the latest projects titled "Jolt" and "Lasso." Plus, Lazzarin's outlook on AI and infrastructure developments in the crypto space.

Tether to Discontinue Support for Bitcoin Layer Omni Due to Lack of Demand
Tether said that it will stop support for Omni, a Bitcoin layer used for USDT transfers since 2014. The stablecoin issuer will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement. "The Hash" panel discusses the discontinuation of legacy products as cycles rotate in the crypto industry.
