This episode is sponsored by minima.global and Circle.The most valuable crypto stories for Wednesday, Nov. 2, 2022."The Hash" team discuss the latest wave of reported layoffs at cryptocurrency exchange BitMEX, crypto-focused financial-services firm Galaxy Digital, and crypto venture capital company Digital Currency Group (DCG). DCG is the parent company of CoinDesk. Plus, more details on Ethereum's next major upgrade, dubbed "Shanghai."See also: Crypto Exchange BitMEX Cuts Staff as It Pivots Back to Derivatives StrategyThe Next Major Ethereum Upgrade, Shanghai, Now Has a TestnetThis episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”-Minima is a new layer 1 blockchain, designed to run in full on a smartphone. Join over 300,000 Minima node runners on the Incentive Program today, to start earning $MINIMA every day until Mainnet launch. Get your node setup and earn $MINIMA at minima.global/get-involved. -Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.