⁠New tool mirrors Optimism NFTs to Ethereum mainnet for use in verified apps

NFTs from Layer 2 were not previously recognizable to apps like Twitter.

https://ct.com/b4gv

⁠Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July

Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him.

https://ct.com/b4gx

⁠Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday

BTC bears are set to profit from this week's $710 million options expiry, which could be used to add further sell pressure to Bitcoin price.

https://ct.com/b4gy

⁠FTX US announces it may halt trading on its platform in a few days

According to the FTX US, “Withdrawals are and will remain open.”

https://ct.com/b4h0

⁠White House says 'prudent regulation of cryptocurrencies' is needed, hinting at situation with FTX

According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.

https://ct.com/b4h2

⁠FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for

Hedge funds and asset managers are deploying digital asset teams, but lack of regulatory clarity is holding them back.

https://ct.com/b4h3

⁠FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

https://ct.com/b4h9

⁠Chainlink Labs offers Proof of Reserve service for embattled exchanges

The company claimed its PoR product can restore trust in crypto exchanges through greater transparency, but not everyone is convinced.

https://ct.com/b4hd

⁠Breaking: Bahamas securities regulator freezes FTX assets

The Bahamas Securities Commission said FTX's assets could not be moved without the approval of a Supreme Court-appointed liquidator.

https://ct.com/b4hl

⁠Crypto gaming needs to be fun to be successful — money doesn't matter

Contrary to what you might believe, monetary rewards in gaming are bad for player retention. Developers need to take player psychology and game design into account.

https://ct.com/b4hn

⁠Genesis Trading reveals $175M of funds are locked in FTX

Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy.

https://ct.com/b4hs

⁠BlockFi limits platform activity, including a halt on client withdrawals

"We intend to communicate as frequently as possible [...] but anticipate that this will be less frequent than what our clients and other stakeholders are used to."

https://ct.com/b4hu

⁠Cathie Wood's ARK adds $12.1M in Coinbase shares amid turbulent markets

Ark Investments topped up its Coinbase stock shortly after FTX's liquidity issues were revealed, which came after Coinbase stated that it had “minimal exposure” to the troubled trading platform.

https://ct.com/b4hx

⁠US senators commit to advancing crypto bill despite FTX collapse

The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital asset industry.”

https://ct.com/b4i5

⁠California regulators to investigate FTX crypto exchange collapse

The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it takes this oversight very seriously.

https://ct.com/b4ie

⁠Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTX

A rumor suggesting that FTX CEO Sam Bankman-Fried has been arrested is circulating on social media.

https://ct.com/b4ii

Have we made it through the worst?

The market is looking green this Friday, but it has a long way to go before reaching pre-FTX crisis levels.

Get the full picture here: https://buff.ly/2XiFyft

⁠Hodlers in loss sit on 50% of BTC supply after $5.7K Bitcoin price dip

Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets.

https://ct.com/b4ix

⁠New York Fed collaborates with Singapore MAS to explore CBDCs

A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions.

https://ct.com/b4j2

⁠FTX contagion victim Deepak.eth puts NFT collection up for sale

Deepak.eth, the founder of the blockchain infrastructure Chain, listed their NFT collection for sale on OpenSea starting at 8,000 ETH.

https://ct.com/b4j7

⁠Traders take a neutral position after Ethereum futures contracts see massive liquidations

ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations.

https://ct.com/b4ja