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Ethereum Builder ConsenSys Raises $450M as MetaMask Tops 30M Users

Ethereum application and infrastructure builder ConsenSys has raised $450 million at a $7 billion valuation. A new batch of investors joined the Series D round including rappers 21 Savage and Young Thug. "The Hash" crew dissects this funding round amid the controversy and lawsuits surrounding the firm, and what this raise means for its flagship products MetaMask and Infura.

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A Post-Dollar World? Saudi Arabia Reportedly Considers Accepting Yuan Instead of Dollar for Chinese Oil Sales

Saudi Arabia is reportedly in talks with Beijing to price some of its oil sales to China in Chinese currency yuan instead of the U.S. dollar. This could dent dollar’s dominance in the global market.

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Shanghai Police Bust $16M Pyramid Scheme Involving Crypto

Police in Shanghai busted more than 10 people in connection with a $16 million pyramid scheme involving cryptocurrencies. It's the city's first cracked case of this sort. "Crypto scams lend itself to what crypto is," says research analyst George Kaloudis. "The Hash" panel dives into this story that again shows the importance of doing your own research.

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Here’s Why the Crypto Market Remains Flat

Bitcoin and other major cryptocurrencies continue to flatline amid the growing Russia-Ukraine crisis and rising inflation in the U.S. Michael Safai, managing partner at quantitative trading firm Dexterity Capital, discusses his reading of the crypto markets and where we’re headed next. Plus, what to expect as investors await the Federal Reserve’s interest rate decision tomorrow.

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Ukraine Launches New Crypto Donation Website, Raises $48M in 1 Day

Bohdan Opryshko, chief operating officer at staking platform Everstake, shares insights into his partnership with the Ukrainian government and crypto exchange FTX for the launch of a new crypto donations website "Aid for Ukraine." The collective effort has already raised over $48 million. Plus, the wider role of crypto in the escalating Russia-Ukraine conflict.

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Fed's Upcoming Interest Rate Hike Could Move Bitcoin Price

Joe DiPasquale, BitBull Capital CEO, shares his bitcoin price analysis as an expected Fed rate hike later this week raises inflation concerns among investors. Plus, a look into the current state of the Hong Kong stock index as it sinks to a six-year low amid a recent COVID-19 outbreak and its potential impact on broader global markets. 

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Swan Bitcoin CEO on EU Bitcoin Bill, Usage of Crypto Amid Russia-Ukraine Conflict

Cory Klippsten, Swan Bitcoin CEO, joins “All About Bitcoin” to discuss a recently rejected proposal in the European Parliament that sought to limit proof-of-work mining due to environmental concerns. Plus, a conversation on how Swan’s technology can facilitate seamless on-ramping into the bitcoin ecosystem and key takeaways from Klippsten’s new book “Bitcoin: Your Bright Orange Future.” 

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How Much Electricity Does Bitcoin Mining Actually Use?

Christine Lee presents data illustrating the environmental impact of the Bitcoin network, looking specifically at global energy consumption and regional carbon emissions. As regulators often target cryptocurrency ESG concerns, Lee highlights areas of the world where bitcoin mining uses emission-free electricity.

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Solana NFT Marketplace Magic Eden Raises $27M in Series A

Magic Eden, an NFT marketplace on the Solana blockchain, has raised $27 million in a Series A funding round led by Paradigm along with Sequoia and Solana Ventures. “The Hash” hosts discuss the growth of the Solana ecosystem as a competitor to Ethereum and the increasing trading volume of NFTs. 

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Mila Kunis-Backed Short Series ‘The Gimmicks’ Is Launching NFTs

A new animated adult series, “The Gimmicks”, backed by actress Mila Kunis’ Sixth Wall production company, is launching NFTs on the Solana blockchain this Friday to bring viewers into the creative process. “The Hash” hosts discuss the growth of use cases for non-fungible tokens and the perks of different chain ecosystems.

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