Market
Crypto
CryptoSlate Daily wMarket Update – Dec. 9-11: Dogecoin leads top 10 assets sell-off
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Research
Bitcoin’s 2022 realized losses is almost double the size of realized profit
Bitcoin investors' capitulation in 2022 resulted from macroeconomic and industry-specific factors that impacted the price performance of the digital asset.
Exchanges
SBF pushes FTX restart idea by issuing FTT tokens to creditors
Crypto Trader host Ran Neuner first proposed the idea on Dec. 9, adding that it would make the new exchange the "biggest exchange in the world."
Crime
SBF says he will testify before US congress on Dec. 13
SBF said there was a limit to what he could say, and he would not be as helpful as he would have liked.
Staking
Ethereum up 4% after staked ETH withdrawal revelation
According to Tim Beiko, Ethereum developers will prioritize staked ETH withdrawals for March, 2023.
Exchanges
CZ alleges FTX’s $15M made Kevin O’Leary ‘align with fraudster’
Kevin O’Leary had previously said he would invest again in the Sam Bankman-Fried and has tweeted in his defense.
Stablecoins
Coinbase asks users to convert their USDT to USDC for free
Several stakeholders in the crypto community have questioned Coinbase's motive, with some describing the move as "desperate."
Trading
Do Kwon asks if Genesis had provided $1B for SBF to attack UST
The authorities are reportedly investigating whether SBF manipulated Terra UST and Luna's price to benefit Alameda and FTX.
Analysis
Grayscale’s GBTC discount nears 50% causing further concern in community
Crypto analyst Willy Woo said selling GBTC is bullish for Bitcoin's price, as it leads to buying spot BTC.
DAOs
This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT
The donation was proposed by Bitwise's cofounder and chief technical officer, Hong Kim (known as Noun 40 on Twitter), and was passed by an overwhelming majority.
Bankruptcy
U.S. banking committee says SBF ‘must answer for the failure’ of FTX
The committee chairman Sherrod Brown wrote that if SBF failed to honor the invitation, he would be issued a subpoena.
NFTs
Winamp desktop player to support NFT audios
With the new version, users will be able to link their metamask wallet to Winamp by using Chrome, Firefox, or Brave browsers.