Class Action suit accuses Silvergate in aiding and abetting with FTX transfer of customer funds
Former FTX Executive’s charity turned a donation into 9 figures via insider trading. Coinbase responds to SEC’s claims on Stablecoins. Circle hasn’t received a Wells notice after it was reported they did. Monad closes seed round. New class action suit claims Silvergate helped FTX transfer customer funds.
Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.
Below are some of the top sentiment changers and news
Projects Sentiment Rankings:
Top
These are the top of mind coins today for crypto twitter.
This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page
Bottom
These are the most negative coins today on crypto twitter.
Paxos is getting sued by the SEC because of BUSD
BUSD and Paxos ended relationship
A new lawsuit has claimed Silvergate of “aiding and abetting” of FTX’s transfer of customer funds to Alameda
Celsius is seeking to recover millions allegedly transferred to CEO and other Executives
An oracle attack happened to DeFiYield which estimated in $120M stolen from the protocol
Projects Sentiment Movers:
Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.
Ripple (+216): Donated $1M in XRP to support victims of Turkey-Syria Earthquake
Phantom Wallet (+80): Announced that you will be able to import other wallets over to Phantom soon
Chiliz (+97): Chiliz builds Layer 1 blockchain on Ankr
These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above
Trending from yesterday 👍
News
Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.
Coinbase releases a strong worded statement regarding SEC and Stablecoins
It was reported that Circle received a Wells notice, then retracted that they haven’t received one by same reporter
Extremely bullish that projects are still receiving funding given the market conditions and uncertainty on regulations coming from US Government. Monad announces $19M seed round
Jake Chervinsky lays out an incredible thread on the current state of crypto policy
SEC looking to make all of our lives a little more difficult
A newly proposed class action lawsuit accuses Silvergate Bank of aiding and abetting with FTX in the transfer of customer funds to Alameda. This could be huge
A former FTX Executive’s Charity generated profits from Insider Trading when they turned a $600k donation of FTT into roughly $150M