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Sequoia Capital marks down entire $214M FTX stake to zero

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $ 1 billion in revenue and $ 250 million in operating income. Cointelegraph.com News

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Dave Portnoy’s SafeMoon position is down 94%, claims he’s being sued by project

The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since. Cointelegraph.com News

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Bitcoin Bullish Signal: Whale Exchange Inflows Remain Down

On-chain data shows the Bitcoin whale exchange inflows have remained down after hitting a local peak a while back, a sign that could prove to be bullish for the price of the crypto. Bitcoin Whales Aren’t Sending Many Coins To Exchanges Right Now As pointed out by an analyst in a CryptoQuant post, the BTC […]

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Bitcoin tourists exit the market, Peter Schiff’s bank closes down and Voyager to restructure: Hodler’s Digest, July 3-9

Cointelegraph.com News

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Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high

SOL price is 87% down from its all-time high, but do improving fundamentals strengthen its investment thesis? Cointelegraph.com News

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Bankman-Fried faces down roomful of futures industry insiders at CFTC roundtable

The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and need for more regulatory framework. Cointelegraph.com News

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Takeaways and reviews, what went down during Miami Tech Week

One of largest VC deals so far in Q1 2022 went to Miami-Based Yuga Labs with its $ 450 million seed funding round led by Andreessen Horowitz. Cointelegraph.com News

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US and EU double down on measures against Russia potentially using crypto to evade sanctions

“The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators. Cointelegraph.com News

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Metaverse tokens surge after Meta tanks, Dorsey roasts Diem after it shuts down, a new malware can target 40 browser wallets: Hodler’s Digest, Jan. 28-Feb.5

Cointelegraph.com News

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Singapore crypto ATMs shut down after central bank crackdown

The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public. Cointelegraph.com News

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