Not Thankful for Those 8 Minutes 😅

🦃 Happy Thanksgiving! 🎉

On the Pod…

What’s Poppin’?

Former FTX CEO Sam Bankman-Fried said the exchange could have returned large value to customers if it didn’t file for bankruptcy.

Ethereum developers have launched a multiclient withdrawal feature on the developer net.

A dormant BTC-e wallet moved 10,000 coins to personal wallets and two exchanges on Wednesday.

Aave plans to recapitalize the protocol to get rid of bad debt and proposed freezing some assets to promote migration to V3.

Happy Thanksgiving! 🎉

My Thanksgiving poll is over… Hope no one asks you why BTC is down, or as someone said in the comments, “how much money did you make this year?” 📉📉

On Unchained Premium

In Other News…✍️✍️✍️

  • FTX wants BitGo to hold its remaining digital assets during the bankruptcy proceedings.

  • Binance aims to raise around $1 billion for its recently announced "industry recovery fund."

  • Sam Bankman-Fried said he will speak at the New York Times Dealbook Summit in New York City on Nov. 30. 

  • Besides its bid for assets of lending platform Voyager Digital, crypto exchange CrossTower is considering making further acquisitions.

  • ApeCoin’s own custom marketplace, built by Snag Solutions, was launched yesterday.

  • Bo Shen, the founding partner of venture capital firm Fenbushi Capital, lost as much as $42 million in crypto from his personal wallet from a hack.

Today in Crypto Adoption...

  • The Bank of Japan (BoJ) plans experiments on a digital yen with three megabanks in the country.

  • DBS, a bank in Singapore, became the first bank in the region to perform atrade on JPMorgan’s blockchain Onyx.

The $$$ Corner…

  • Onomy, a DeFi protocol based in Cosmos, garnered $10 million in a private token funding round.

What Do You Meme

📈 Your Market Update 📉

  • BTC is up .24%, trading at $16,590

  • ETH is up 2.91%, trading at $1,200

  • BTC dominance: 36.87%

  • Crypto market cap: $865 billion

*All data as of today, 5 am ET

Recommended Reads

  1. Lucas Nuzzi, head of research at CoinMetrics, on how Alameda lost billions of dollars of FTX user funds: 

  2. Blockchain Brett on ‘The Crypto Creator Economy’:

  3. Hasu, cofounder of Flashbots, on the efforts of Flashbots to keep Ethereum decentralized:

⛓️ Join Unchained Premium to get access to:

  • Behind-the-scenes interviews, in which I talk with crypto experts and entrepreneurs to learn all about the latest developments in the industry.

  • A subscriber-only Telegram group, where you can talk with the other members of the Unchained community, build a network in crypto, and talk directly with me and the Unchained team!

  • And now, a new offering: transcripts of all the shows, for subscribers only.

If you liked what you read: