Sam Bankman-Fried Tweets FTX 'Assets Are Fine'; OpenSea Reveals Plans for NFT Royalties

This episode is sponsored by minima.global and Circle.

As speculation mounted over the weekend about the solvency of Sam Bankman-Fried's FTX crypto exchange, the CEO tweeted in part on Monday that "FTX is fine. Assets are fine." Last week, CoinDesk published a story revealing the balance sheet of FTX sister company Alameda Research was loaded with FTX's native exchange token FTT, leading to a war of words between Alameda CEO Caroline Ellison and Binance CEO Changpeng "CZ" Zhao. Plus, a closer look at OpenSea's outlook on NFT creator royalties.

See also:

OpenSea Rolls Out Two New NFT Theft Protection Features

In Praise of White-Hat Hackers, but Overreliance Is Foolish

FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token

This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”