Since the beginning of the year, the total locked value of DeFi protocols has fallen by 68% to $96 billion. US Federal Reserve Chairman Jerome Powell: the downturn in the crypto market should be used to develop regulation of cryptocurrencies. FTX wins $1.42 billion auction of bankrupt lending platform Voyager Digitals assets. Deribit cryptocurrency derivatives exchange closes $40 million funding round. Chinese billionaire and former head of Bitmain Jihan Wu has created a $250 million fund to buy troubled assets from miners. Robinhood has released a beta version of a non-custodial Web3 wallet. Access will be given to 10,000 users. 3.2K views14:11