Capitulation Sign? 🧐
Plus: Bahamas regulators' defense, the supply of BTC on exchanges, Putin's proposal, Coinsquare's data breach and more... 🗞️
On the Pod…
Gabriel Haines on How He Came to Make His Hilarious, Yelling Crypto Videos
What’s Poppin’?
Bitcoin’s Supply on Exchanges Falls to 4-Year Low
by Samyuktha Sriram
The amount of Bitcoin held on exchanges has fallen under 7% for the first time since November 2018.
Alameda Withdrew $204M From FTX US in Final Few Days Before Collapse: Report
by Samyuktha Sriram
Research from Arkham shows that Alameda Research withdrew the most funds from FTX US in the days leading up to its collapse.
Civil and Criminal Investigation into FTX is Ongoing: Bahamas Attorney General
by Samyuktha Sriram
The Bahamas Attorney General Ryan Pinder defended the actions of the country’s regulators following FTX’s insolvency.
Vladimir Putin Proposes Blockchain-Based Cross Border Settlement
by Samyuktha Sriram
Russian President Vladimir Putin has called for a new system of international settlements based on blockchain and digital currencies.
Crypto Exchange Coinsquare Suffers Data Breach
by Juan Aranovich
Canadian crypto exchange Coinsquare suffered a data breach, but assets and customer funds are safe.
Forward to your crypto-curious friends!
Laura joins TED's Simone Ross for a live conversation about all things crypto.
What will the guys on The Chopping Block discuss this week? Tune in Wednesday on YouTube to find out!
In Other News…✍️✍️✍️
The Alabama Securities Commission and other states are investigating Genesis Global Capital.
Binance delisted three trading pairs of Serum, a token tied to FTX.
Tiantian Kullander, cofounder of Amber Group, died in his sleep.
Cryptocurrency-related fraud in the United Kingdom rose by 32% in one year, according to a report by the Financial Times.
Binance released its proof-of-reserves system, which started with BTC.
Today in Crypto Adoption...
Ripio, a crypto exchange based in Argentina, expands its operations into the United States.
The $$$ Corner…
Institutional staking platform Kiln raised $17.6 million in an equity round led by Illuminate Financial. .
XDao, a multichain DAO builder, closed a $2.3 million seed round at a $50 million valuation.
What Do You Meme
📈 Your Market Update 📉
BTC is down 1.96%, trading at $16,201
ETH is down 3.13%, trading at $1,170
BTC dominance: 36.67%
Crypto market cap: $848 billion
*All data as of today, 5 am ET
Recommended Reads
‘White Man’ by Arthur Hayes:
Rohit Krishnan on VCs
korpi on LUSD:
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