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DCG sends letter to investors clearing up some misconceptions, but raised a few more?

We hope you had a great extended holiday weekend. Amber Group Co-Founder passed away. Bitboy traveled to the Bahamas to try and capture SBF to interview or get him arrested. Money is flowing off of exchanges and Alameda allegedly withdrew a large amount of customer funds off FTX US a couple days before FTX filed for bankruptcy.

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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

Flow (+149): Crossed a record breaking number of daily transactions and users EOS (+155): Released a “State of the Network” report and said all is wellUSDT (+216): More FUD surfacing as it’s that time of the year

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

NFTs Sentiment Movers:

Meebits (+31): Meebit vs BAYC painting becomes a playable level on Token Fighter, which is coming to XBox/PlaystationnBlocksmith Labs (+31): Phantom wallet bought some NFTs on Black Friday and Blocksmith Labs was one of themOtherdeed for Otherside (+14): Announced an event at Art Basel

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

News

Amber Group’s co-founder, Tiantian Kullander, passed away unexpectedly, may he rest in peace.

DCG published a letter to investors clearing up several misconceptions but raises new questions around the promissory note

BitBoy travels to the Bahamas to “hunt down SBF” and get him to talk or get him arrested.

If there is one thing FTX mess has taught us, it’s don’t keep your coins on exchanges and people are listening

Turns out the mainstream media isn’t doing what the people want from them?

Alameda reportedly withdrew most of the funds from FTX US days before FTX filed for bankruptcy. Claw back possible?

Bahamas Attorney General finally made a statement which said multiple government agencies are conducting civil and criminal investigations into FTX.

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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What are VCs talking about?

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