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FTX's Sam Bankman-Fried Says He Could Donate up to $1B on 2024 Election
Sam Bankman-Fried, CEO of crypto empire FTX, said he intends to donate anywhere from $100 million to $1 billion during the 2024 U.S. election. "The Hash" panel discusses what to make of the crypto billionaire's comments about his big political spend.
NFL Taps Mythical Games for First Play-to-Earn Venture
In partnership with Mythical Games, the National Football League (NFL) is launching its own play-to-earn game “NFL Rivals” to be released in 2023, kicked off by the sale of 32 franchise-themed NFTs. “The Hash” team discusses the NFL’s latest crypto push reimagining the future of sports and the fan experience.
Avalanche Submits Subnet Proposal for ApeCoin DAO’s Metaverse Migration
Avalanche (AVAX) developers have asked the ApeCoin (APE) community to consider building out the Bored Ape Yacht Club (BAYC) metaverse as an Avalanche subnet. This comes weeks after the BAYC metaverse Otherside faced issues on Ethereum. "The Hash" squad discuss the pros and cons of the Ethereum mainnet and why this is a continuing story to watch.
Central African Republic Teases Plans for Crypto Hub
The Central African Republic (CAR) has unveiled plans for Project Sango, a crypto hub that would include a “crypto island” and a digital wallet to attract global crpyto enthusiasts. In April, CAR became the first African nation to adopt bitcoin as legal tender.
Wall Street: Fed Digital Dollar Spells Destruction for Banks
As the U.S. Federal Reserve considers launching a central bank digital currency (CBDC), Wall Street bankers are sounding the alarm about the potential dangers of doing so. “The Hash” team discusses the utility of CBDCs and their privacy implications amid a global race to digital money.
Coinbase Becomes First Crypto Firm to Join Fortune 500 List
Crypto exchange Coinbase has entered the Fortune 500, a ranking of the biggest U.S. companies by revenue, becoming the first cryptocurrency company to join the list. “The Hash” panel discusses why this is a watershed moment for the crypto industry.
Residents Grapple with Crypto Mining Explosion In Niagara Falls
A Blockfusion crypto mining facility in Niagara Falls, New York, was victim to an electrical explosion and subsequent fire last week, causing thousands of miners to go offline.
Beeple’s Twitter Hacked for ETH Phishing Scam
Graphic artist Mike Winkelmann, known in the NFT world as @beeple recently had his Twitter account hacked to promote a phishing attack that stole victims’ ETH funds. “The Hash” group discusses the need for education about cold storage as hacks continue to plague the crypto ecosystem, and holding Web 2 companies accountable for allowing these attacks and scams on their platforms.
How Charities Can Utilize NFTs to Maximize Fundraising
As digital assets continue to grow in popularity, non-fungible tokens (NFTs) have proven themselves as useful to charitable causes for incentivizing donations and creating communities. “The Hash” group discusses how Web 3 can be embraced for philanthropy and addresses the barriers to entry for artists.
GameStop and eBay Jump into NFTs Despite Bear Market Concerns
Video game retailer GameStop (GME) has unveiled its own self-custodial Ethereum wallet for cryptocurrencies and non-fungible tokens (NFTs), while eBay released its debut digital asset collection through a partnership with Tezos and Polygon-based platform OneOf. “The Hash” group discusses why these two legacy brands have decided to enter Web 3 amid a bear market, referencing the underwhelming performance of Coinbase’s new NFT platform.