November 14, 2022

 Solana Foundation’s Ties to FTX Revealed

•The Solana Foundation today shared the extent of its financial ties to FTX and Alameda Research. • SOL has lost more than half of its value since FTX revealed its...
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NFT Startup WENEW Acquired by Yuga Labs

•Yuga Labs has acquired NFT startup WENEW, co-founded by famed artist Mike “Beeple” Winkelmann. • WENEW has pursued a number of brand collaborations since launching in June 2021, including with...
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 Augmented Reality: Apple’s Newest Frontier

•Apple is building an AR headset that could arrive in early 2023. • The company is also working on a metaverse competitor. • Apple’s AR headset team has gained two...
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FTX Customers Facing The Fact Their Money Might Be Lost Forever

The risks of cryptocurrency are high, as evident in FTX’s recent collapse TL:DR •FTX customers are facing the reality that their money is lost forever. • Some clients are afraid...
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Binance to Launch “Industry Recovery Fund”

Fund set to save those ailing from the FTX debacle TL:DR •In the wake of the collapse of FTX, Binance has announced the formation of an “industry recovery fund” aimed...
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It’s The End of the FTX-Visa Partnership

TL:DR •Visa is cutting off its partnership with FTX following the latter’s bankruptcy filing last week, confirmed on Sunday. • This spells the end for FTX-branded Visa debit cards, which...
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The Troubled Year of Cryptocurrency and the Possibility of Regulation

TL:DR •US congressman Brad Sherman has blamed “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation, saying that their influence has been effective in deterring meaningful legislation. • In light...
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Why Kraken Froze the Accounts of FTX Group and Alameda Research

TL:DR •On Nov. 13, United-States-based cryptocurrency exchange Kraken announced that it had frozen the accounts associated with “FTX Group, Alameda Research, and their executives” on its exchange after engaging with...
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