SBF out on bail, DeGods and y00ts bridging to another chain

Welcome back, we hope you had a great holiday and were able to get away from the screens for a bit. SBF was released on a $250M bond, will be confined to his parents house. Caroline Ellison said she knew what they were doing was wrong but continued to do so. Monthly fees being generated by dApps and blockchain still look really promising. DeGods/y00ts bridging to different chains.

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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.

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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.

• No surprise why FTX is here.

• Nexo’s agreement is potentially buy Vauld has been cancelled five months after signed

• Ripple has continued SEC suit and influencers are speculating about it

• BitKeep wallet hacked, DAI used to hide funds, which in turn created negative sentiment for Maker

• Someone back in October spammed Zcash blockchain and it turns out that they were exploiting an issue with shielded tx to fill blocks with a single tx cost

  This is the ranking snapshot at time of writing. It is updated hourly at Twitter sentiment ranking page bottoms:

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why

Step Finance (+177): Has seen a 500% growth in users the last 6 months
Waves (+102): Announced the USDN resolution plan, which means they will donated $15M in total of each projects token directly to Neutrino backing
Huobi (+121): Partners with RocketX to provide a next level trading experience

These are a few of the top sentiment movers for yesterday. Click on the project’s name to read more trending stories.

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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.

SBF released on bail, will be confined to his parents house in California. Some speculation that the judge that granted bail had gotten paid by SBF/FTX through her husband’s company. Recusing herself after bail had been granted.

ETtech @ETtech

FTX founder @SBF_FTX to be released on a $250 million bond Prosecutors have accused him of stealing billions of dollars in FTX customer funds to plug losses at his hedge fund, Alameda Research.

economictimes.indiatimes.comFTX founder Bankman-Fried to be released on a $250 million bondSam Bankman-Fried will be released on a $250 million bond package while he awaits trial on fraud charges related to the collapse of the FTX crypto exchange, a federal magistrate judge said on Thursday.

Umbrella @umbrella_uni

The judge that granted SBF bail was getting paid by SBF through her husbands firm. Only recuses herself after granting bail. Why not before? This is a bad look for the justice department in the US. Is this trial even going to go ahead and will we see a fair trial?

Number of Bitcoin on exchanges reaching mid-2018 levels. Self custody is king.

Knew it was wrong, but yet… still misled people? Hmm

Top Solana NFT projects, DeGods plans to bridge to Eth and y00ts to Polygon

Wow, this is really really cool to see. A chart of monthly fees for crypto projects

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