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Sequoia Capital marks down entire $214M FTX stake to zero

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The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.

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Coin Market

Cantor Fitzgerald agreed to acquire 5% stake in Tether for up to $600M: Report

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The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.

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FIFA, Mythical Games collaborate to launch blockchain game FIFA Rivals

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Mythical’s CEO John Linden anticipates that FIFA Rivals could attract over 100 million gamers into the Web3 space.

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Coin Market

Is Bitcoin heading back to $90K? Solana ETFs, and more: Hodler’s Digest, Nov. 17 – 23

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A crypto trader mulls over whether Bitcoin will retrace back to $90,000, Solana ETF filings flood in and more: Hodlers Digest

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