Barry Silbert (DCG CEO) issues a statement, SBF sends letter to FTX employees
FTX news has gotten the attention of the main media but new revelations seem to be fading off. The next shift seems to be moving to Grayscale and GBTC. Supposedly there is going to be more news about this this week so stay tuned.
Below are some of the top sentiment changers and news
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why
Huobi (+291): Rebrands, adds a new road map and Justin Sun vows to take it to a top 3 exchange
dYdX (+284): Saw 1.2B in a 24-hour trade volume
Holochain (+166): Announced they have a Holochain Beta Release Candidate being published by Dec 15
These are a few of the top sentiment movers for today. Click on the project’s name to read more trending stories or go to the top project page here.
NFTs Sentiment Movers:
The Saudis (+55): Saw a 23.6% increase in floor price after the country’s surprising 2-1 win against Argentina
Parallel (+22): Teasing game play and new cards
Akumu Dragonz (+14): Working with a crosschain NFT project, Boryoku Dragonz
These are a few of the top sentiment movers for today. Click on the project’s name to read more trending stories or go to the top project page here.
News
Genesis hires Moelis & Company to explore what their options are, which include a potential bankruptcy
El Salvador submits bill to launch Bitcoin volcano bonds
This just doesn’t feel right. Getting charged with money laundering for writing code?
Rollup Economics launched which gives you a deeper dive into the “economic health” of different chains
Curve launches a stablecoin
Three claps for Rep Tom Emmer for getting it (clap clap clap)
He speaks, Barry sends a message to shareholders
Coinmetrics did a deep dive into how Alameda managed to lose billions of user funds
SBF sent a letter to FTX employees
FTX Timeline:
To help keep this FTX mess straight, we’ve put a summary below with a detailed timeline, affected entities, and some exhibits of running theories and onchain data around what happened.
Thanks for reading through today’s update. All of this information can be at your finger tips and for free. Head here to sign up.