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

This episode is sponsored by minima.global and Circle.

The most valuable crypto stories for Monday, Nov. 7, 2022.

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

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

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