π Coinbase Research: The unfortunate events surrounding FTX have undoubtedly eroded investor confidence in the area. A fix will take time, and it could most likely extend the crypto winter for a few more months, possibly until the end of 2023.
π Institutions are bearish on #BTC, as indicated by the record discount on CME futures. The discount may attract arbitrageurs.
coindesk
coindesk
CoinDesk
Institutions Take Bearish Stance on Bitcoin, Create Arbitrage Opportunity
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs.
π°π Indian AI financial services firm Lentra completes $60M Series B funding led by SIG and Bessemer Venture Partners techcrunch.com
π Zonff Partners launches Web3 Aceleap startup accelerator mp.weixin.qq.com
π₯³ Binance announced the inclusion of OpenSea NFTs in addition to the NFTs listed on the Binance NFT Marketplace. Most of the top 200 OpenSea collections using the ERC-721 standard will be integrated into Binance NFT.
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π The Luna Foundation Guard releases a technical audit by JS Held proving that LFG spent approximately $2.8 billion (80,081 BTC and 49.8 million stablecoins) to secure the UST peg without misuse or misappropriation.
π¦πͺ Judicial body created by UAE Federal Decree has adopted blockchain technology to save time and costs associated with the enforcement of commercial decisions.
cointelegraph.com
cointelegraph.com
Cointelegraph
UAE regulator adopts blockchain to speed up commercial judgments
Linda Fitz-Alan, the CEO of ADGM Courts, highlighted that the move aims to drive sustainable change in the justice sector.
πΊπΈ Reducing inflation without a recession may not be feasible, according to a Fed spokesman: βIn my 40 years at the Fed, I have never seen such a tightening that did not lead to some painful results,β says Kansas City Fed President Esther George.
π Leaked SolChicksNFT CEO messaging confirms loss of up to $20M in Treasury fund.
cryptoslate.com
cryptoslate.com
π£ Nouriel Roubini called the CEO of Binance a "walking time bomb", questioning CZ's credibility.
finbold.com
finbold.com
πΈ Sources say Temasek will write off more than $200 million in FTX investments. cls.cn
β The volatility due to the collapse of FTX only led to a short-term increase in miner sales on exchanges, the trend has already returned to normal.
cointelegraph.com
cointelegraph.com
π°π· Regulator of South Korea will issue a manual on crypto-audit. cryptonews.com
π€ Former OCC Controller Joseph Oetting joins the Board of Blockchain com. theblock.com
π According to a new report from Coinbase, the FTX crisis has eroded investor confidence and triggered a liquidity crisis in the crypto market that could very well extend the crypto winter until the end of 2023.
cointelegraph.com
cointelegraph.com