Newsletter Subject
FTX Co-founder and SBF’s High School Friend Gary Wang Takes the Stand
From
coinmarketcap.com
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spotlight@newsletters.coinmarketcap.com
Sent On
Fri, Oct 6, 2023 12:34 PM
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Latest News, Data, Community Updates and More. ͏ ͏
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Latest News, Data, Community Updates and More.
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(-0.13%)
24 Hour Volume $25.83B
(+7.89%)
Notable Movers [(AVAX) $10.69](~/AAQRxQA~/RgRnAoOgP0SuaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2F2YWxhbmNoZS8_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1tYXJrZXRhY3Rpdml0eSZsaWQ9NGtpcWhmdGh1NTY1VwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) (+3.80%)
Notable Movers (DeFi) [(KNC) $0.715](~/AAQRxQA~/RgRnAoOgP0S9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2t5YmVyLW5ldHdvcmstY3J5c3RhbC12Mi8_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1tYXJrZXRhY3Rpdml0eSZsaWQ9N2ZqNDMyOWVob28wVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) (+6.08%) Bitcoin Dominance 49.73% [(+0.04%)](~/AAQRxQA~/RgRnAoOgP0SraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JpdGNvaW4_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1tYXJrZXRhY3Rpdml0eSZsaWQ9MDdrOTR5czFnb3pxVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)
Bitcoin Price [(BTC) $27,660.77 (-0.26%)](~/AAQRxQA~/RgRnAoOgP0SraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JpdGNvaW4_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1tYXJrZXRhY3Rpdml0eSZsaWQ9bzJiNmQ4Z21lZTBwVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)
Ethereum Price [(ETH) $1,631.13 (-0.56%)](~/AAQRxQA~/RgRnAoOgP0SsaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2V0aGVyZXVtP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bWFya2V0YWN0aXZpdHkmbGlkPW8yZHA3Nm83azFmelcDc3BjQgplHaD-H2Wi1Q27Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)
Cardano Price [(ADA) $0.2641 (+1.53%)](~/AAQRxQA~/RgRnAoOgP0SsaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2NhcmRhbm8vP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bWFya2V0YWN0aXZpdHkmbGlkPTY4dDJ4d3FvcGszNFcDc3BjQgplHaD-H2Wi1Q27Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) It's Friday â or to SBF, it's the fourth day of his ongoing criminal trial. The FTX trial continues to develop, as former FTX co-founder Gary Wang and Paradigmâs Matt Huang disclose explosive revelations. But first, let's get you up to speed on todayâs top stories: - [FTX co-founder: Alameda had unlimited funds](~/AAQRxQA~/RgRnAoOgP0T3aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZnR4LWNvLWZvdW5kZXItZ2FyeS13YW5nLXRlc3RpZmllcy1zYXlzLWFsYW1lZGEtYWxsb3dlZC10by13aXRoZHJhdy11bmxpbWl0ZWQtZnVuZHM_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1uZXdzbGlua3MmbGlkPXh6cWwzejExZDc1YVcDc3BjQgplHaD-H2Wi1Q27Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ð¬ - [Paradigm Matt Huang on FTX-Alameda ties](~/AAQRxQA~/RgRnAoOgP0T4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcGFyYWRpZ21zLW1hdHQtaHVhbmctbGVkLWJ5LXNiZi10by1iZWxpZXZlLWFsYW1lZGEtZGlkLW5vdC1oYXZlLXByaXZpbGVnZWQtdHJlYXRtZW50P3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bmV3c2xpbmtzJmxpZD1rcm01NXJsNmpxMHFXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) 𤨠- [FTX staff found $65B Alameda loophole](~/AAQRxQA~/RgRnAoOgP0TyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd3NqLWZ0eC1lbXBsb3llZXMtZGlzY292ZXJlZC1kb2xsYXI2NWItYWxhbWVkYS1sb29waG9sZS1tb250aHMtYmVmb3JlLWNvbGxhcHNlP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bmV3c2xpbmtzJmxpZD1hZDVrZjcwaGNleXhXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ðµï¸ââï¸ - [Sui announces $51M fund for DeFi growth](~/AAQRxQA~/RgRnAoOgP0TeaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3VpLXBsYW5zLXRvLWxhdW5jaC1kb2xsYXI1MTNtLWZ1bmQtdG8tZ3Jvdy1kZWZpLWVjb3N5c3RlbT91dG1fc291cmNlPWNvaW5tYXJrZXRjYXAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249ZGFpbHluZXdzbGV0dGVyJnV0bV9jb250ZW50PWVuJnV0bV90ZXJtPW5ld3NsaW5rcyZsaWQ9aGU3aG95dWdxajZnVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ð¸ - [JPEX rebrands as DAO after $182M scam](~/AAQRxQA~/RgRnAoOgP4QBAWh0dHBzOi8vY29pbm1hcmtldGNhcC5jb20vYWNhZGVteS9hcnRpY2xlL2hvbmcta29uZ3MtZG9sbGFyMTgybS1qcGV4LXNjYW5kYWwtZXhjaGFuZ2UtcmVicmFuZHMtdG8tYS1kYW8tdXNlci1mdW5kcy1sb2NrZWQtZm9yLXR3by15ZWFycz91dG1fc291cmNlPWNvaW5tYXJrZXRjYXAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249ZGFpbHluZXdzbGV0dGVyJnV0bV9jb250ZW50PWVuJnV0bV90ZXJtPW5ld3NsaW5rcyZsaWQ9djlrMXlxaXA5MXZmVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ð¤ Alright, let's unpack all that! [FTX Co-founder Gary Wang Testifies, Says Alameda Allowed To âWithdraw Unlimited Funds.â](~/AAQRxQA~/RgRnAoOgP0T3aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZnR4LWNvLWZvdW5kZXItZ2FyeS13YW5nLXRlc3RpZmllcy1zYXlzLWFsYW1lZGEtYWxsb3dlZC10by13aXRoZHJhdy11bmxpbWl0ZWQtZnVuZHM_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1uZXdzbGlua3MmbGlkPWM1MHh5dGJ0emVjblcDc3BjQgplHaD-H2Wi1Q27Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) In his testimony during the Sam Bankman-Fried trial, former FTX co-founder Gary Wang revealed Alameda Research had unlimited access to customer funds on the cryptocurrency exchange. He testified that SBF and members ... [Read more](~/AAQRxQA~/RgRnAoOgP0T3aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvZnR4LWNvLWZvdW5kZXItZ2FyeS13YW5nLXRlc3RpZmllcy1zYXlzLWFsYW1lZGEtYWxsb3dlZC10by13aXRoZHJhdy11bmxpbWl0ZWQtZnVuZHM_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1uZXdzbGlua3MmbGlkPXh3NXk0cHNjbXYxaFcDc3BjQgplHaD-H2Wi1Q27Uht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)! [Paradigmâs Matt Huang: Led by SBF To Believe Alameda Did Not Have Privileged Treatment](~/AAQRxQA~/RgRnAoOgP0T4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcGFyYWRpZ21zLW1hdHQtaHVhbmctbGVkLWJ5LXNiZi10by1iZWxpZXZlLWFsYW1lZGEtZGlkLW5vdC1oYXZlLXByaXZpbGVnZWQtdHJlYXRtZW50P3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bmV3c2xpbmtzJmxpZD1rdDIzNWY5cHcwZzZXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) During his testimony on the third day of SBF's fraud trial, Paradigm co-founder Matthew Huang revealed Bankman-Fried resisted investor board seats at FTX. Huang engaged with SBF before Paradigm's $125 million stake in ... Click here to [read more](~/AAQRxQA~/RgRnAoOgP0T4aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvcGFyYWRpZ21zLW1hdHQtaHVhbmctbGVkLWJ5LXNiZi10by1iZWxpZXZlLWFsYW1lZGEtZGlkLW5vdC1oYXZlLXByaXZpbGVnZWQtdHJlYXRtZW50P3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bmV3c2xpbmtzJmxpZD02MzRodjFiMDFhZ3RXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)! [WSJ: FTX Employees Discovered $65B Alameda Loophole Months Before Collapse](~/AAQRxQA~/RgRnAoOgP0TyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd3NqLWZ0eC1lbXBsb3llZXMtZGlzY292ZXJlZC1kb2xsYXI2NWItYWxhbWVkYS1sb29waG9sZS1tb250aHMtYmVmb3JlLWNvbGxhcHNlP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bmV3c2xpbmtzJmxpZD10ZmZhNWl5N2ZlZzVXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) A group of FTX U.S.-based employees from the LedgerX team acquired by FTX in 2021 discovered a code backdoor allowing Alameda up to $65 billion in negative balances using customer funds, according to the WSJ. Examining FTX's ... Check it out [here](~/AAQRxQA~/RgRnAoOgP0TyaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd3NqLWZ0eC1lbXBsb3llZXMtZGlzY292ZXJlZC1kb2xsYXI2NWItYWxhbWVkYS1sb29waG9sZS1tb250aHMtYmVmb3JlLWNvbGxhcHNlP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09bmV3c2xpbmtzJmxpZD1jdWs4aGRpMjdub2pXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)! [Sui Plans To Launch $51.3M Fund To Grow DeFi Ecosystem](~/AAQRxQA~/RgRnAoOgP0TeaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3VpLXBsYW5zLXRvLWxhdW5jaC1kb2xsYXI1MTNtLWZ1bmQtdG8tZ3Jvdy1kZWZpLWVjb3N5c3RlbT91dG1fc291cmNlPWNvaW5tYXJrZXRjYXAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249ZGFpbHluZXdzbGV0dGVyJnV0bV9jb250ZW50PWVuJnV0bV90ZXJtPW5ld3NsaW5rcyZsaWQ9cnp6M3p6NmVqN2VkVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) The Sui Foundation has announced a $51.3 million ecosystem fund to expand its DeFi ecosystem. The funds will support DeFi developers and DeepBook, its on-chain central limit order book platform seeking to match Nasdaq's ... Read the full story [here](~/AAQRxQA~/RgRnAoOgP0TeaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3VpLXBsYW5zLXRvLWxhdW5jaC1kb2xsYXI1MTNtLWZ1bmQtdG8tZ3Jvdy1kZWZpLWVjb3N5c3RlbT91dG1fc291cmNlPWNvaW5tYXJrZXRjYXAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249ZGFpbHluZXdzbGV0dGVyJnV0bV9jb250ZW50PWVuJnV0bV90ZXJtPW5ld3NsaW5rcyZsaWQ9NDE2eDlnbzZrOWx6VwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! [Hong Kongâs $182M JPEX Scandal: Exchange Rebrands to a DAO, User Funds Locked for Two Years](~/AAQRxQA~/RgRnAoOgP4QBAWh0dHBzOi8vY29pbm1hcmtldGNhcC5jb20vYWNhZGVteS9hcnRpY2xlL2hvbmcta29uZ3MtZG9sbGFyMTgybS1qcGV4LXNjYW5kYWwtZXhjaGFuZ2UtcmVicmFuZHMtdG8tYS1kYW8tdXNlci1mdW5kcy1sb2NrZWQtZm9yLXR3by15ZWFycz91dG1fc291cmNlPWNvaW5tYXJrZXRjYXAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249ZGFpbHluZXdzbGV0dGVyJnV0bV9jb250ZW50PWVuJnV0bV90ZXJtPW5ld3NsaW5rcyZsaWQ9ZHA4aW8xczJvMHJrVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) Hong Kong exchange JPEX is trying to redefine itself as a DAO after a police investigation into an estimated $182 million crypto theft and operating without a license. In a new blog post, JPEX claimed 68% of users supported ... Click here to [read more](~/AAQRxQA~/RgRnAoOgP4QBAWh0dHBzOi8vY29pbm1hcmtldGNhcC5jb20vYWNhZGVteS9hcnRpY2xlL2hvbmcta29uZ3MtZG9sbGFyMTgybS1qcGV4LXNjYW5kYWwtZXhjaGFuZ2UtcmVicmFuZHMtdG8tYS1kYW8tdXNlci1mdW5kcy1sb2NrZWQtZm9yLXR3by15ZWFycz91dG1fc291cmNlPWNvaW5tYXJrZXRjYXAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249ZGFpbHluZXdzbGV0dGVyJnV0bV9jb250ZW50PWVuJnV0bV90ZXJtPW5ld3NsaW5rcyZsaWQ9Y3U0Yms0cjI3djVjVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~)! CoinMarketCap's Glossary: [The DAO](~/AAQRxQA~/RgRnAoOgP0SraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2dsb3NzYXJ5L3RoZS1kYW8_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1nbG9zc2FyeSZsaWQ9djBsYjR3bW5uemMzVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) The DAO is the first decentralized autonomous organization, which was created by a group of developers in April 2016. [What Is The DAO?](~/AAQRxQA~/RgRnAoOgP0SraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2dsb3NzYXJ5L3RoZS1kYW8_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1nbG9zc2FyeSZsaWQ9cDJtODNyYXM1MndvVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [SIM Swap Attacks Target Friend.tech Users, Drained $385K in Ether After Earlier Attacks Worth $178K](~/AAQRxQA~/RgRnAoOgP4QBAWh0dHBzOi8vY29pbm1hcmtldGNhcC5jb20vYWNhZGVteS9hcnRpY2xlL3NpbS1zd2FwLWF0dGFja3MtdGFyZ2V0LWZyaWVuZHRlY2gtdXNlcnMtZHJhaW5lZC0zODVrLWluLWV0aGVyLWFmdGVyLWVhcmxpZXItYXR0YWNrcy13b3J0aC0xNzhrP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09YWNhZGFteSZsaWQ9YzFqcXFwYnFvdHBvVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) SIM Swap Attacks Target Friend.tech Users, Drained $385K in Ether After Earlier Attacks Worth $178K A recent wave of SIM swap attacks hit users' accounts on leading decentralized social network Friend.tech this week. [Read More](~/AAQRxQA~/RgRnAoOgP4QBAWh0dHBzOi8vY29pbm1hcmtldGNhcC5jb20vYWNhZGVteS9hcnRpY2xlL3NpbS1zd2FwLWF0dGFja3MtdGFyZ2V0LWZyaWVuZHRlY2gtdXNlcnMtZHJhaW5lZC0zODVrLWluLWV0aGVyLWFmdGVyLWVhcmxpZXItYXR0YWNrcy13b3J0aC0xNzhrP3V0bV9zb3VyY2U9Y29pbm1hcmtldGNhcCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1kYWlseW5ld3NsZXR0ZXImdXRtX2NvbnRlbnQ9ZW4mdXRtX3Rlcm09YWNhZGFteSZsaWQ9anh0ZmZmc2J4em1qVwNzcGNCCmUdoP4fZaLVDbtSG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [What Is SocialFi? The Latest Crypto Narrative](~/AAQRxQA~/RgRnAoOgP0TOaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2hhdC1pcy1zb2NpYWxmaS10aGUtbGF0ZXN0LWNyeXB0by1uYXJyYXRpdmU_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1hY2FkYW15JmxpZD1tazhtY2ZhdWU1MGdXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) What Is SocialFi? The Latest Crypto Narrative Discover the latest trend in crypto, SocialFi, and how it works. Learn more about trending SocialFi protocols like friend.tech and why it is so popular. [Read More](~/AAQRxQA~/RgRnAoOgP0TOaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvd2hhdC1pcy1zb2NpYWxmaS10aGUtbGF0ZXN0LWNyeXB0by1uYXJyYXRpdmU_dXRtX3NvdXJjZT1jb2lubWFya2V0Y2FwJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPWRhaWx5bmV3c2xldHRlciZ1dG1fY29udGVudD1lbiZ1dG1fdGVybT1hY2FkYW15JmxpZD1yOWowczljOHFraWxXA3NwY0IKZR2g_h9lotUNu1IbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Thanks for reading! Have a great day â more news next week! 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