THE HASH: Bitcoin Mining Impact Debate Resurfaces, SushiSwap Exploit Leads to $3.3M Theft

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CoinDesk

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4.7 • 698 Ratings

🗓️ 10 April 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Monday, April 10, 2023. This episode is sponsored by Filecoin. "The Hash" tackles today's hot topics: The environmental and economic consequences of Bitcoin mining are back in the headlines and the crypto community responds. CryptoGPT is capitalizing on the big investor interest in artificial intelligence. A hacker drained millions of dollars from the DeFi exchange SushiSwap over the weekend. Plus, Bitget launches a $100 million Web3 fund. See also: Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation Sushi DEX Recovers 100 Ether After Millions Lost on Weekend Exploit S. Korean Crypto Exchange Gdac Hacked for Nearly $13M DeFi Protocol Tender.fi Hacker Returns $1.6M Following Pricing Oracle Glitch Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund - This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Connect with the Filecoin community at the Filecoin Network Base in Austin, April 24-26, ahead of Consensus 2023. Register today at networkbase.io/austin. And find us on the Consensus show floor in the Protocol Village, presented by Filecoin Foundation. See you in Austin! - Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode of The HASH is sponsored by FileCoin.
0:10.9	This is the HASH podcast.
0:13.6	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
0:18.7	All on the H hash for your ears.
0:22.2	You're listening to the Coindusk Podcast Network.
0:26.5	Hey, everyone.
0:27.7	Happy Monday.
0:28.6	You're watching The Hash on Coindex TV, and the whole squad is here.
0:33.2	Zach Seward, Wendy O, and Will Foxley are in the building.
0:38.0	I'm Jensenassie.
0:39.3	Zach, it's so nice to see your face, looking so fresh.
0:42.8	I missed you.
0:43.6	I am feeling relaxed.
0:44.9	I'm ready to dive into this.
0:46.7	Let's go talk about some buzzwords, shall we?
0:49.0	All right.
0:49.5	AI-focused blockchain crypto-GPT raises $10 million at a $250 million valuation. That is some stuff.
0:57.6	They're working on ZKs, zero knowledge stuff. They're working on AI. GPT is in the name. There is so
1:02.3	much going on here. It's just a fun one to start off a Monday with. I'm going to toss this to Will.
1:07.7	There may be some future for AI and crypto. It may be how all these AIs interact with
1:13.6	the world and their financial well-being, but I'm not sure that this is going to be the one. Let's
1:18.4	dig in. What do you think about this news? I think you're exactly spot on there. This certainly
	...

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