Crypto winter hits NFTs; Three Arrows Capital files for bankruptcy
Three Arrows Capital files for bankruptcy in the US. Meanwhile, SBF and FTX agrees deal with option to buy for up to US$240 million.
Welcome to The Daily Forkast – July 4, 2022 – presented by Joel Flynn.
Coming up on today’s show:
Monthly NFT sales fall below US$1 billion for the first time in a year.
Meanwhile, Three Arrows Capital files for Chapter 15 bankruptcy in the US.
Sam Bankman-Fried’s FTX doubles down on BlockFi bailout.
And finally, experts weigh in on the future of stablecoins.
We’ll have more on those stories — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast July 4.