Latest from Sam Reynolds
Crypto Exchange OKX Says It's Turning Over $157M in Frozen FTX and Alameda Assets
FTX bankruptcy lawyers say $694 million in liquid assets have been identified before OKX’s announcement.

The Liability of DAOs and Their Founders Has Been Put to the Test in Court
Decentralized autonomous organizations (DAO) are beginning to look like general partnerships in the eyes of U.S. courts.

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat but ether is up, on potentially favorable comments by the CFTC before Congress.

Disney Lays Off Metaverse Team: Report
Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.

First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Plus: Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?

First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.

First Citizens to Buy Silicon Valley Bank: Bloomberg
SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.

Pioneiro na Ásia: Bitcoin está pronto para uma fase de consolidação
TAMBÉM: Sam Reynolds escreve que as plataformas de derivativos descentralizadas estão tendo problemas de liquidez. A escassez pode resultar da atual cautela dos comerciantes de Cripto , mas pelo menos uma parte interessada está otimista de que a situação mudará.

First Mover Asia: Bitcoin è pronto per una fase di consolidamento
INOLTRE: Sam Reynolds scrive che le piattaforme di derivati decentralizzati stanno avendo un problema di liquidità. La carenza potrebbe derivare dall’attuale cautela dei trader Cripto , ma almeno ONE delle parti interessate è ottimista sul fatto che la situazione cambierà.
