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The Hash
OPNX Issues New Governance Token; European Parliament Study Examines Crypto Assets
"The Hash" panel breaks down today's top stories shaping the crypto markets, including bankruptcy claims exchange OPNX issuing a new governance token dubbed "Open Exchange token" (OX), which is designed to reduce trading fees on the platform. Separately, a new study from the European Parliament says cryptocurrencies should be treated as securities by default. And, blockchain Sui signs a multi-year deal with Red Bull Racing.

Binance 'Reevaluating' Roles After Reported Job Cuts; Who Won the Ethereum Wager Between Joe Lubin and Jimmy Song?
"The Hash" hosts take a deep dive into today's top stories moving the crypto markets, including Binance saying it needs to "focus on talent density across its organization," as it responded Wednesday morning to a report of job cuts. Separately, a new blockchain token standard is allowing traders to convert their Ethereum-based non-fungible tokens (NFTs) to NFTs on the Bitcoin network. And, "The Hash" unpacks the results of a wager made at Consensus 2018 that hinged on how far Ethereum adoption would get by now.

Prosecutors Address Criminal Charges Against Sam Bankman-Fried; Future of Winklevoss Twins' Gemini Exchange
"The Hash" team breaks down the biggest stories shaping the crypto industry today, including an update on criminal charges that lawyers for Sam Bankman-Fried are seeking to dismiss. Separately, a new Bloomberg report takes a closer look at the future of crypto exchange Gemini under the leadership of billionaires Tyler and Cameron Winklevoss. And, the difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue.

Lawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low
"The Hash" hosts weigh in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges has hit a low not seen since July 2016 as staking saps up available ether. Separately, the potential sign that good-economic-news-equals-bad-news for digital asset prices narrative is beginning to shift. Plus, the lawyer representing some FTX investors, Adam Moskowitz, joins "The Hash" to discuss basketball legend Shaquille O'Neal being served in a class action lawsuit regarding FTX and its celebrity endorsements.

Sam Altman’s Crypto Project Worldcoin Raises $115M; Lawyer Says Shaq Is Served in FTX Lawsuit
"The Hash" hosts discuss the biggest crypto stories of the day, including Tools for Humanity, the team behind Worldcoin, raising $115 million in a Series C funding round. Separately, basketball legend Shaquille O’Neal reportedly received a summons and complaint in the FTX class action lawsuit during Tuesday night's game between the Miami Heat and Boston Celtics. Meanwhile, Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral. And, crypto consortium Fahrenheit has won a bid to acquire insolvent lender Celsius Network.

Cathie Wood Says U.S. Is 'Losing' the Bitcoin Movement; Crypto’s Fentanyl Trade Worth Tens of Millions
"The Hash" hosts weigh in on the biggest stories shaping the crypto industry today, including ARK Invest founder Cathie Wood says the U.S. is 'losing' the bitcoin movement due to regulation. This comes as Elon Musk offers a warning about dogecoin. Separately, TRM Labs notes that attacks on token protocols and crypto projects dropped 70% in Q1 2023 compared to the same period last year. And, new research from both Chainalysis and Elliptic have put a number on how much fentanyl trade is done in crypto.

Ledger Delays Key-Recovery Service After Uproar; Bitcoin-Based NFTs Popularity Increases
"The Hash" hosts discuss the biggest stories shaping the crypto industry today, including hardware wallet provider Ledger delaying the release a key recovery feature. Meanwhile, Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam. Separately, new items on FTX CEO John Ray III's billing report suggest there is work underway for a reboot of the exchange. And, LabDAO, a decentralized autonomous organization focused on open-source drug discovery, has raised $3.6 million in a funding round.

Tornado Cash Attacker Submits Proposal to Undo Attack; Bitcoin Pizza Day Turns Sour
"The Hash" hosts weigh in on the top stories shaping the crypto world day, including a closer look at why the Tornado Cash token (TORN) is higher, after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s (DAO) governance state looks to reverse the malicious changes. Meanwhile, move-to-earn game STEPN is integrating Apple Pay. Plus, Bitcoin Pizza Day has taken a negative turn, as rug pulls dampen the anniversary of what's thought to be the first commercial bitcoin transaction.

Coinbase Praises Canada’s Crypto Approach; Ledger’s New Bitcoin Key Recovery Feature Debate Swirls
The hosts of "The Hash" discuss some of the biggest crypto headlines shaping the sector today, including Coinbase (COIN) saying it loves Canada, where the rules have been set out, compared with the U.S.’s lack of clarity. Separately, experts weigh in on an update from Ledger's new key-recovery feature. And, MicroStrategy co-founder and Executive Chairman Michael Saylor tells Decrypt the company is intrigued with how Ordinals could lead to software innovation.

Ledger Defends Recovery System; Ripple Starts Platform for Central Banks to Issue Their CBDCs
The hosts of "The Hash" weigh in on the biggest stories shaping the crypto industry today, including Ripple starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Separately, crypto wallet maker Ledger seemingly digs itself into a deeper hole while answering questions about the firm's new wallet recovery service on Twitter. Plus, a Santiment report reveals that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.
