Newsletter Mar 16, 2023
NFT Game Degen Zoo Goes Viral And Takes Logan Paul To School

A month after the first testnet was released to the community, Degen Zoo has become the game on every blockchain players' lips.


Sam Bankman-Fried Seeks Court's Approval To Use FTX Insurance To Cover His Legal Expenses

Bankman-Fried's legal counsel requested the court through a motion to permit insurers to advance or reimburse defense costs and fees under directors and officers (D&O) insurance policies held with Beazley and Realm Insurance.



SEC Chairman Gensler Doubles Down On Stand That Proof-Of-Stake Crypto Assets May Be Securities

Gensler's stance on proof-of-stake crypto assets as securities received an unexpected assist when the New York Attorney General's Office filed a lawsuit against the centralized cryptocurrency exchange KuCoin.

Sam Bankman-Fried, Inner Circle Allegedly Received $3.2B From Alameda Research And Other FTX Entities

FTX administrators noted that their efforts are "expected to result in the further identification of assets, liabilities and transfers."

Exclusive-U.S. Regulator Eyes Friday Bids For SVB, Signature Bank-sources

Regulators at the U.S. Federal Deposit Insurance Corp (FDIC) have asked banks interested in acquiring failed lenders Silicon Valley Bank and Signature Bank to submit bids by March 17, people familiar with the matter said on Wednesday.


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