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- Not Thankful for Those 8 Minutes 😅
Not Thankful for Those 8 Minutes 😅
🦃 Happy Thanksgiving! 🎉
On the Pod…
📉 Where did the $10 billion in lost FTX/Alameda funds go? 💸 @hosseeb and @tomhschmidt have a few theories, starting with Terra/Luna and ending with smarter traders?
Watch the full episode: youtube.com/watch?v=e4DuFe…
— Laura Shin (@laurashin)
9:11 PM • Nov 22, 2022
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?” 📉📉
Ok, I wanna know...crypto/tech will inevitably come up at the Thanksgiving dinner table... What's the one thing you *DON'T* want people asking you about?
🙅♀️🦃😂— Laura Shin (@laurashin)
9:25 PM • Nov 21, 2022
On Unchained Premium
.@different_mj came on Unchained Premium to discuss the collapse of crypto lending 📉
Here's his take on how the "two worlds of crypto" -- the technology world 👩💻 and the markets world 💰 -- led people to keep quiet about red flags re. FTX
unchainedcrypto.substack.com/p/is-the-colla…
— Laura Shin (@laurashin)
10:33 PM • Nov 23, 2022
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 $$$ Corner…
Onomy, a DeFi protocol based in Cosmos, garnered $10 million in a private token funding round.
What Do You Meme
Explaining to your family why they lost 95% with the crypto you told them to buy last Thanksgiving
— gaut (@0xgaut)
1:05 PM • Nov 21, 2022
Crypto OGs right now
— ◢ J◎e McCann 🧊 (@joemccann)
3:58 PM • Nov 23, 2022
📈 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
Lucas Nuzzi, head of research at CoinMetrics, on how Alameda lost billions of dollars of FTX user funds:
Blockchain Brett on ‘The Crypto Creator Economy’:
Hasu, cofounder of Flashbots, on the efforts of Flashbots to keep Ethereum decentralized:
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