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Latest from Sam Reynolds
Genesis Owes Over $3.5B to Top 50 Creditors
Genesis has over 100,000 creditors among the three of its companies that declared bankruptcy.
SSV DAO Starts $50M Fund to Push Ethereum's Decentralization Plan
The ecosystem fund follows SSV's $10 million grant pool announcement last year to help teams develop staking projects on Ethereum.
OKX Publishes Proof-of-Reserves Report Showing $7.5B in ‘Clean Assets’
The report shows reserves are largely spread among bitcoin, ether and USDT.
First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K
A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects.
SHIB Surges 20%, DOGE up 5% as Traders Continue to Ape Into Meme Coins
Nansen data shows heavy DEX trading on SHIB tokens.
First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day
ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged.
First Mover Asia: Bitcoin Tops $21.3K as Cryptos' 2023 Feel-Good Story Continues
ALSO: Sam Reynolds writes that the surge of FTX’s FTT Token is part of a trend in which investors send prices of certain tokens higher even as their projects fail or flounder.
First Mover Asia: Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K
ALSO: Sam Reynolds writes that Ark Invest's Cathie Wood is correct in thinking that, despite market uncertainty, disruptive innovation technologies that address issues have gained traction.
ARK Buys $2.5 Million in Coinbase Shares as COIN Continues Rally
ARK has purchased $7.5 million in Coinbase shares this week, or approximately $28.25 million during the last month.
Crypto.com Cuts 20% Workforce as Firm Braces for Crypto Winter
The exchange is the latest among the major crypto firms to announce layoffs.
