Barry Silbert (DCG CEO) issues a statement, SBF sends letter to FTX employees

FTX news has gotten the attention of the main media but new revelations seem to be fading off. The next shift seems to be moving to Grayscale and GBTC. Supposedly there is going to be more news about this this week so stay tuned.

Below are some of the top sentiment changers and news

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why

Huobi (+291): Rebrands, adds a new road map and Justin Sun vows to take it to a top 3 exchangedYdX (+284): Saw 1.2B in a 24-hour trade volumeHolochain (+166): Announced they have a Holochain Beta Release Candidate being published by Dec 15

These are a few of the top sentiment movers for today. Click on the project’s name to read more trending stories or go to the top project page here.

NFTs Sentiment Movers:

The Saudis (+55): Saw a 23.6% increase in floor price after the country’s surprising 2-1 win against ArgentinaParallel (+22): Teasing game play and new cardsAkumu Dragonz (+14): Working with a crosschain NFT project, Boryoku Dragonz

These are a few of the top sentiment movers for today. Click on the project’s name to read more trending stories or go to the top project page here.

News

Genesis hires Moelis & Company to explore what their options are, which include a potential bankruptcy

El Salvador submits bill to launch Bitcoin volcano bonds

This just doesn’t feel right. Getting charged with money laundering for writing code?

Rollup Economics launched which gives you a deeper dive into the “economic health” of different chains

Curve launches a stablecoin

Three claps for Rep Tom Emmer for getting it (clap clap clap)

He speaks, Barry sends a message to shareholders

Coinmetrics did a deep dive into how Alameda managed to lose billions of user funds

SBF sent a letter to FTX employees

FTX Timeline:

To help keep this FTX mess straight, we’ve put a summary below with a detailed timeline, affected entities, and some exhibits of running theories and onchain data around what happened.

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