This week the market took a major dive in what many are referring to as "Black Monday." Meanwhile, Elon musk and his companies are hit with a $258 billion dollar class action lawsuit over the memecoin "Dogecoin." We do a deep dive into how web3 companies are responding to the markets steep crash, and why you may not want to take financial advice from celebrities.

00:01 - Welcome

00:40 - Weekly Headlines

05:00 - Companies respond to "Black Monday"

05:14 - Crypto-Firm "Celsius" cripples customers

• Omid Malekan, Adjunct Professor at Columbia Business School

08:15 - Coinbase lays off 18% of their workforce

• Sam Kessler, Journalist at Coindesk

12:00 - Trusting Celebrity Endorsements 

12:28 - Don't take financial advice from celebrities

• Emily Stewart, Writer at VOX

12:33 - Marketing moving forward in Web3

• Brendon Gahan, Creative Agency "Mekanism"

20:25 - What is Ethereum, and how will its collapse change the future of the space?

• Jeff Kelley - Cofounder of "Edge of NFT" podcast and NFT.LA