Crypto Pulse #35 - FTX files for bankruptcy, SBF steps down as CEO. Friday, 11th Nov 2022 | Powered by GenShards.
11 Nov 2022, 18:11
Crypto Pulse #35 - FTX files for bankruptcy, SBF steps down as CEO 📧
Friday, 11th Nov 2022 | Powered by GenShards
🌎 Here's all you need to know about what's been up in the Web3-sphere lately
👉 Read the issue | 🐧 Read tweet thread |👇Read highlights below
⛰Macro Landscape
📌 FTX files for bankruptcy in the US, Sam Bankman Fried steps down as CEO (source)
📌 Many major stablecoins lost their dollar pegs amid the FTX saga, but most have recovered again as markets stabilize (source)
📌 Cathie Wood's Ark Invest has scooped up another $21.4M in Coinbase stock, amidst shaky market conditions (source)
📈 Markets and Ecosystem
📌 BTC fell as low as $15.5k, in a $200B wipeout from the crypto markets amidst the FTX saga (source)
📌 Solana has postponed token unlock amid double-dip fears, developers remain unaffected (source)
📌 FTX investors and partners include names like Tom Brady, Steph Curry & Blackrock (source)
🀄️ NFTs, Metaverse & Gaming
📌 OpenSea has pledged to enforce NFT royalties after backlash from creators (source)
📌 What are fractional NFTs - and what do they mean for investing in real-world assets? (source)
📌 In light of the FTX saga, BAYC NFT prices have taken a hit (source)
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Next issue drops Tuesday - stay tuned ! 📺
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