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

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4.8 • 689 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.

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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