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FTX, Lightspeed, Solana Ventures to Invest $100M in Web 3 Gaming
FTX, Lightspeed Venture Partners, and Solana Ventures are investing $100 million in Web 3 gaming development. The funding will go towards gaming studios and technology integrating the Solana blockchain into video games on desktop and mobile platforms. The Hash" group discusses the implications for the initiative, one of the largest capital investments ever in the growing Web 3 gaming space.

NYC Mayor-Elect Eric Adams to Take First 3 Paychecks in Bitcoin
Incoming New York City Mayor Eric Adams said Thursday he would take his first three paychecks in bitcoin when he takes office in January. This comes as Miami Mayor Francis Suarez announced he would take his next paycheck in BTC. "The Hash" team weighs in on the possible impact of the move for New York's crypto landscape.

Crypto Markets Trading Flat; What’s Next?
Bitcoin has traded mostly sideways over the past two weeks. Steve Ehrlich, CEO of publicly listed crypto broker Voyager, discusses his crypto markets analysis and outlook for bitcoin, altcoins, and meme coins. Plus, insights into the five-year partnership with Mark Cuban’s Dallas Mavericks.

Circle CEO Jeremy Allaire on Impact of Biden Administration’s Stablecoin Report
The President's Working Group on Financial Markets (PWG) released a report and recommendations on stablecoins, urging lawmakers to subject stablecoin issuers to the same strict federal oversight as banks. Jeremy Allaire, CEO of stablecoin USDC issuer Circle, discusses the report's potential impact on his firm, USDC, and stablecoin regulation.

Canaan Sues Over Patent Infringement; PayTM Considers Crypto Services
Canaan sues over bitcoin mining chip patent infringementIndia’s PayTM considers launching crypto-related services. Baidu and Netease file metaverse patents. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Could Crypto Bridge the Financial Gap for Native Americans?
William Foxley, Editorial Director at Compass Mining explains his latest short documentary detailing bitcoin mining in the indigenous Navajo Nation. The indigenous people there are building bitcoin mines using renewable energy in an effort to bring about prosperity and much-needed development for the area. Could crypto help bridge the gap? Watch the full video report here: https://t.co/Bch8WVvOl1?amp=1

Profit Taking Since July Remains Lower Than During BTC’s Rally From January to May
New data on bitcoin’s adjusted spent output profit ratio (aSOPR), which measures the profitability of spent bitcoin while filtering out short-term trading, reveals profit taking since July has remained significantly lower than during BTC’s rally from January to May. Some suggest this signals holders may believe in the continuation of a longer-term bull cycle.

Alameda Research Co-CEO on Bitcoin, Crypto Markets, Inflation
Sam Trabucco, co-CEO of trading firm Alameda Research launched by crypto billionaire Sam Bankman-Fried, shares insights into bitcoin and the wider crypto markets, and Alameda’s investment thesis. Plus, his take on how bitcoin’s price could be impacted from the Wright vs. Kleiman trial and the Federal Reserve’s tapering decision.

Kleiman v. Wright: Bitcoin’s Trial of the Century With $66B Worth of BTC at Stake
The civil trial Ira Kleiman vs. Craig Wright kicked off in Miami Monday that may provide insight into some of Craig Wright’s claims that he is Satoshi Nakamoto, the inventor of Bitcoin. "The Hash" panel discuss the latest in bitcoin's trial of the century with $66 billion worth of BTC at stake.

Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH
Bitcoin and ether were little changed over the past 24 hours. Yet, digital currencies associated with Solana and Polkadot, both alternatives to the Ethereum blockchain, were outperforming along with gaming tokens like Axie Infinity’s AXS. "The Hash" team discusses the rise of altcoins and wider crypto markets outlook.
