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Liability of Decentralized Autonomous Organizations (DAOs) Explored in U.S. Court

A U.S. court in California has ruled in favor of plaintiffs who alleged that the bZx protocol and governance token-holding members of its decentralized autonomous organization (DAO) were negligent and liable for losses resulting from a hack that drained its treasury. "The Hash" panel discusses the case and the implications for the future of DAOs.

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North Korea Hackers Likely Exploit Cloud Mining Services to Launder Stolen Crypto: Mandiant Research

North Korean hacker group APT43 probably uses cloud mining services to launder stolen crypto, according to research by Google-owned cybersecurity firm Mandiant. "The Hash" discusses the latest in the world of crypto crime.

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UK NFT Project Dropped Over Lack of Demand: Finance Minister

The U.K. government has decided to drop the highly anticipated non-fungible token (NFT) project initially announced last April, citing a lack of demand for an NFT issued by the Royal Mint, Finance Minister Jeremy Hunt said in a Treasury Committee meeting on Wednesday. "The Hash" panel discusses what this suggests about the state of the NFT markets.

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Binance Concealed Extensive Links to China for Years: Financial Times

According to the Financial Times, Binance hid the company's presence in China for several years, contrary to claims made by its executives that the crypto exchange left the country after a local crackdown on the industry in late 2017. "The Hash" panel discusses the latest on Binance amid continued regulatory scrutiny.

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Hacker Behind Euler Finance’s $200M Exploit Returns More Funds

The attacker behind Euler Finance’s $200 million exploit returned more funds to the protocols and seemed to apologize in a series of messages sent on the blockchain. “Jacob here. I don't think what I say will help me in any way but I still want to say it. I f**d up,” the attacker said in a message encoded in a transaction, as blockchain data apparently shows.

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XRP Touches Five-Month High as Some Point to Bitcoin Commodities Mention

XRP tokens surged as much as 8% over the past 24 hours following a U.S. Commodity Futures Trading Commission (CFTC) filing against prominent crypto exchange Binance. However, a part of the bullish outlook came as some in the community said the classification of major tokens as a commodity in the CFTC filing against Binance could mean XRP tokens were, too, commodities instead of a security, as alleged by the U.S. Securities and Exchange Commission (SEC) in the ongoing Ripple v. SEC case.

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Disney Lays Off Metaverse Team

Disney is in the process of laying off 7,000 staff in an attempt to control costs and develop what CEO Bob Iger calls a "streamlined" business. The cuts include its entire 50-person metaverse team. "The Hash" panel discusses whether or not this is a significant setback for corporate adoption of Web3.

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Binance CEO Calls CFTC Lawsuit an ‘Incomplete Recitation of Facts’

In a blog post Monday, Binance CEO Changpeng "CZ" Zhao said that the company did not agree with the characterization of many of the issues alleged in the CFTC's complaint and touted the exchange’s compliance technology. "The Hash" panel discusses CZ's response and the implications for the broader crypto industry.

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Gucci, Yuga Labs Partner to Bring Luxury Fashion to the Metaverse

Gucci and Bored Ape parent Yuga Labs have signed a multi-year partnership to collaborate within Yuga Labs' Otherside metaverse and its 10KTF collection to explore collaborative opportunities between Web3 fashion and entertainment. "The Hash" panel discusses Gucci's latest Web3 push bringing luxury digital fashion into the metaverse.

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Twitter Source Code Leaked, Sparks Search for Perpetrator

According to court filings, Twitter is on the hunt for the person who leaked the platform's proprietary source code that was published on GitHub until last week. "The Hash" panel discusses the implications for the social media network and beyond.

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