FTX's former Engineering Chief looking for deal, Velas loses major deal

Pretty quiet day on the news front in crypto yesterday, which feels good. Velas blockchain loses major deal. Former FTX Engineering Chief seeks cooperation with Feds. Ethereum devs announce anticipated activation date for Shanghai. Stay safe out there, see you tomorrow!

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

  • No surprise why FTX and Celsius are here

  • Huobi Korea is taking action to separate itself from its parent company and contemplating a name change after parent company’s proof-of-reserves concludes that 43% of the reserves were self issued Huobi Token

  • Ferrari exited it’s multi-year partnership with Velas blockchain

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

Gala (+137): Acquired Ember Entertainment which have popular games like Dragon Strike and Meow Match which will be integrated into the blockchainXRP (+181): Flare airdropped FLR tokens to anyone that held at least 1 XRP token when snapshot was takenWoo Network (+121): Set to burn almost 24% of supply

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

Ethereum devs announce their target for activation of Shanghai and staked ETH withdrawals

The Mango Market manipulator, Avraham Eisenberg, is getting charged by the CFTC now as well

I have a feeling the entire SBF/FTX drama is going to be a blockbuster movie some day and our kids will think it’s all made up.

Ferrari ends its crypto partnership with Velas after suffering a loss of $30M

Former FTX Engineering Chief, Nishad Singh, is seeking a cooperation deal from authorities