'The Hash' tackles today's top crypto stories, including social tokenization protocol Friend.tech becoming a massive revenue maker among crypto protocols in just over two weeks. Ethereum co-founder Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase. Billionaire investor Mark Cuban takes aim at NFT marketplace OpenSea's plans to sunset enforcement of creator royalties. And, NFT platform Recur announces it will shut down in phases.
Much-Hyped Shibarium Network's Turbulent Start; Tether to Stop Support for Bitcoin Layer OmniHardware Wallet Maker Ledger Teams Up With PayPal; What FTX's Sam Bankman-Fried Is 'Freaking Out About'Bankrupt Crypto Lender Celsius Reportedly Wants to Poll Customers; Coinbase's International PushZack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief.
, before attending Columbia’s Graduate School of Journalism.Jennifer Sanasie is an anchor and producer at CoinDesk. She is a seasoned journalist, entrepreneur, and Web3 enthusiast who has made a significant impact in various industries. Jennifer previously anchored and produced at News24, the largest digital publisher in Africa. She has over a decade of experience reporting in the U.S., Canada and South Africa.
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Weekend Wrap: $50M NFT platform shutters, OpenSea's 'HUGE mistake' and moreA once promising NFT project Recur shutters operations, billionaire Mark Cuban says OpenSea made a HUGE mistake for cancelling royalty fee enforcements, and a fake friend tech project drains $226K in liquidity.
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Coach leaves Cuban team at Little League World Series without explanationOfficials will not say if it is considered a defection.
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Cuban coach had help leaving Little League World Series complex, official saysA magazine reports Jose Perez has been located in Spain.
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'Rooted in Deception:' 'Bored Ape' NFT Investors Sue Sotheby's Auction HouseInvestors who purchased Bored Ape Yacht Club NFTs at highly inflated prices during the 2021 NFT craze have filed a lawsuit against the Sotheby's auction house and other defendants, alleging deceptive practices. The Bored Ape co0llection, like most NFTs, have cratered in values in the years since the craze.
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Bored Ape Investors Sue Yuga Labs, Sotheby's, 28 Others as NFT Prices Plunge: ReportSotheby's called the allegations in the lawsuit baseless and noted that it is prepared to defend itself in court.
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NFT Platform RECUR to Shut Down After Raising $50M Two Years AgoThe platform plans to transfer all NFT media and metadata to a decentralized storage protocol to allow users access their NFTs even after the closure.
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