Today’s Top News ⌐◪-◪

• Bitcoin flash crashes 9% to under $26k 🔻 
  ^{_{More: Cointelegraph, Wall Street Journal, Bitcoin.com, The Block}}

• Sam Bankman-Fried is Now in Jail ⛓️
  ^{_{More: Cointelegraph, Yahoo Finance}}

• Judge Grants SEC’s Request for Appeal in Ripple Case 🤬
  ^{_{More: Cointelegraph, Fortune, The Block, CryptoSlate, Decrypt}}

• Ethereum Futures ETFs Given Thumbs Up Approval By SEC ✅
  ^{_{More: Bloomberg, Coindesk, Decrypt, CryptoSlate, The Block,}}

• OpenSea Moves to Disable Creator Fees Enforcement 😬
  ^{_{More: Cointelegraph, Decrypt, The Block}}

Peripheral Vision ⌐◪-◪

📈 Markets/Investing

• SpaceX writes off $373M in Bitcoin

• Crypto traders hit with $1B in liquidations

• Poor dude lost $55M on Ether long yesterday

🏦 Wallstreet & FinTech

• Grayscale hiring for ETF team as they await SEC decision

• PE Firm, Securitize, acquires $40B crypto platform Onramp

• Mastercard CBDC program partners with Ripple

⛓️ DeFi & Crypto Exchanges

• Coinbase suspends USDT in Canada - wtf is going on, eh?

• Celsius creditors to vote on bankruptcy escape plan

• Tether discontinues Kusama, BTC Cash SLP & Omni Layer

• Cardano founder roasts Ethereum, calling it a “dumpter fire”

• Shibarium announces $2M insurance to squash fear

⚠️ Scams & Exploits

• CEX to the rescue - freezing $600k in stolen funds from Cypher

• Zunami post-mortem reveals flash loan attack method

• Crypto lender, Exactly Protocol, hit with $7-12M bridge exploit

• Chinese international arrested in Thailand - elaborate scheme

• Money laundering going rampant on Australian crypto platforms

🖼️ NFT

• Star Trek IP approved for use in NFT

• You can now trade Pokemon cards on Polygon

• Crypto whale moves $2.5M to wallet, sweeping Mutant Apes

• DeGods nuking as NFT whale, Machi, sells 50 into the floor

• BTC Ordinals volume falls 97% since May - is the fad over?

• Magic Eden launches $1M fund to bolster Polygon NFTs

• Pixelmon’s beautifully hideous “Kevin” reborn on $BASE

🏛️ Regulatory

• Taiwan spins up new “crypto business” category

• Courts side with gov in Tornado Cash (privacy protocol) suit

• Fed shuts down Farmington Bank about stablecoin project

• Fed issues enforcement against FTX-linked bank

• Crypto travel rule creates compliance headache for UK firms

• FTX & Genesis settle for $175M payment to Alameda