SBF DMs Leaked

It continues to get worse and worse for FTX

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gm, Happy Friday!

This about sums up how this week is going...

  • SBF tries to explain himself in leaked screenshots (VOX)

  • El Salvador President and Justin Sun are buying 1 Bitcoin a day (CD)

  • Blockfi files for imminent bankruptcy (Twitter)

  • Binance proposes “’Industry Recovery Fund” (TD)

  • Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says

  • Bahaman regulators ay have directed ‘unauthorized’ FTX transactions, filing says(@WatcherGuru)

  • If history does repeat itself, Bitcoin could reach a floor of $13k, about 80% down from its most previous bull run (VICA)

  • Startup Arkon Energy raises $28M for renewable Bitcoin mining (CD)

  • A long term view of Web3 (CS)

  • Layer 2 focused Matter Labs raises $200M (TD)

  • How Web3 will affect the World Cup (CD)

  • Top VC firms like Sequoia Capital to write off nearly $500 million in losses with FTX and affiliates (INFO)

  • Web3 Incubator and Fund, Blockmate Venutres, successfully raises funds and appoints financing expert Justin Rosenberg as CEO (GNW)

  • Uniswap overtakes Coinbase as second-largest exchange trading Ethereum (CS)

  • Ethereum turns deflationary for the first time since the merge (CD)

  • Matter Labs raises $200 million Series C to continue scaling Ethereum through zkSync (TC)

  • Charlie Munger says crypto is fraud and delusion (CNBC)

  • Investors sue FTX’s celebrity endorsers (CD)

  • Sony patent suggest NFT + blockchain implementation for PlayStation (VGC)

  • Cryptocurrency lender Genesis seeking emergency funding of $1B in 3 days following fall out with FTX (WGURU)

  • How do Dex Aggregators work? (TD)

  • CZ on how Binance is different than FTX (TD)

  • Learn about the worst controls of FTX including employee expense reports abuse, limited board meetings, and atrocious record keeping (@machiblgbrother)

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