NFT Insider

2022-11-17 02:58:17 A report by Kelsey Piper from the Vox exposed a thread of messages that were shared between the reporter and SBF.

A quick take from the exchanged messages are that;

SBF maintained his position where FTX has never invested the deposits of customer funds on the exchange;
Alameda borrowed way more money from FTX's balance sheet for investments than he realized.
and that he regrets listening to everyone and filing for chapter 11 bankruptcy

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2022-11-17 02:11:35 Adidas Originals is launching its first NFT Collection called the "Virtual Gear."

VP of Adidas studios said that they would focus on serving the community, collectors, and the emergence of style and culture in this new age of originality.

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2022-11-16 23:31:02 Notable stakeholders like Tom Brady, Stephen Curry, Kevin O'Leary, Shaquille O'Neal, and other celebrities that endorsed the fallen crypto exchange FTX are now a part of the class action suit.

In addition, other media outlets have reported that SEC and Justice Department have already launched investigations into FTX during its voluntary bankruptcy filing.

Other notable names include:
Gisele Bündchen
Udonis Haslem
David Ortiz
Golden State Warriors LLC
Trevor Lawrence
Shohei Ohtani
Naomi Osaka
Larry David

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2022-11-16 22:06:00 Blockchain security firm Beosin Alerts reported that the recent hacker that exploited the FTX exchange just last week made a fortune and is now the 35th largest Ethereum holder at an estimated $288 million and around $338 million in crypto assets.

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2022-11-16 21:50:25 Crypto Lending company Salt said it paused deposits and withdrawals because the collapse of FTX has impacted its business.

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2022-11-16 21:50:10 The U.S. and Bahamian authorities are discussing with the FBI the possibility of extraditing SBF to the U.S. for questioning.

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2022-11-16 21:49:45 According to Biden, yesterday's rockets that hit Poland were "unlikely" to have been fired from Russia. It was most likely an accident by Ukrainian air defense. Open / Comment

2022-11-16 21:49:12 The NFT market continues to develop both quantitatively and qualitatively. The current "crypto winter" is not preventing the creation of new collections - not only by crypto enthusiasts, but also by world-class artists.

For example, the NFT Metamorphoses collection on the TON blockchain is digital art in the ART-FASHION style.

This is the first collection at TON based on works exhibited in Europe. Metamorphoses works of art are 2048 handcrafted, non-generative NFTs.

The appearance of such a level of NFT on the TON blockchain contributes to its popularization and speaks of its attractiveness both for the creators of collections, and for the holders and connoisseurs of art.

The positive trend towards an increase in the number of high-quality, highly artistic collections on all blockchains may mean that NFTs are indeed turning into the art of the future, and not just existing as a short-term hype.

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2022-11-16 06:10:23 Crypto.cоm CEO Kris Marszalek has taken Social Media as a stage holding an AMA session to reassure customers that their funds are safe and that company is in good standing.

This comes from some Tweets over the last weekend stating that Crypto.cоm could be next to follow FTX and that the exchange mistakenly sent more than 80% of their ETH holdings or about $400 million worth of crypto to another crypto exchange.

Even CZ of Binance has commented on Twitter that an exchange suddenly moving large amounts of crypto like that "is a clear sign of problems." He added, "Stay away."

As we see the crypto market trembling before our eyes, investors are advised to take serious caution before stationing their money in an exchange.

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2022-11-16 03:42:01 Although FTX has collapsed, FTX Ventures' contributions are still being announced.

Joepegs NFT marketplace on the Avalanche blockchain announced the completion of a $5 million funding round co-led by FTX Ventures and Avalanche Foundation.

“The funding from FTX Ventures was completed in June and have since been transferred out of FTX prior to recent bankruptcy events,” the team said in a statement.

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