GM, Crypto Enthusiasts!

Hope you are having a better end to your week than BAYC…

Yesterday, a Mailchimp breach. 

Today, domain issues for their newly launched Dookey Dash game. 

Well, on today's menu, we have:

• FTX Reboot? FTT Is Loving It!

• Genesis Bows to the Inevitable

• Cardano Gets Wheels

Round 2 for FTX?

No, you didn't read that wrong. 

We may get a sequel in the FTX saga

(thankfully, SBF won't be cast as the lead in this one).

John Ray III, the acting CEO of FTX has picked up the mantle. 

And he has already

created

a task force to investigate relaunching FTX.com. 

While most of us are likely not ready for an FTX Sequel, the FTT community is absolutely loving the idea!

Following the FTX update, FTT, the native token of FTX, 

jumped 37%

within a few hours.

Although the reopening may allow investors to repatriate their funds, the idea of FTX operating doesn't sit well with many. 

Crypto trader Dr. A has (

so very elegantly) captured most people’s sentiments with a

:

  Genesis Faces the Inevitable – Bankruptcy 

Another one bites the dust. 

Exposure to both the 3AC & FTX disasters have crippled Genesis to the point that it has filed for Chapter 11 bankruptcy protection.

How big are the losses? 

Genesis says it owes more than 100,000 creditors between $1 billion and $10 billion. 

But! 

Genesis says it has money left over to pay unsecured creditors.

🤞 

Cameron Winklevoss, a cofounder of Gemini (another DCG company)

the restructuring will help users recover their assets.

We hate to admit it, but Twitter user Sujal Jethwani is spot on when he

:

Cardano & Cars?!?Cardano had some big news at Davos.The protocol is getting wheels! (well, kinda…)eTukTuk, a Cardano based project, is revamping Sri Lanka’s tuktuks with electric batteries! This is the world's first automotive project built on ANY blockchain protocol. The project will focus on the use of electric vehicles, eTukTuks.Initial operations will begin in Sri Lanka, before looking to expand.Could this be the beginning of a push for real world change with blockchain tech?It’s hard to say now, but stories like this give us hope!

DailyCoin Meme

Cardano (ADA) Blockchain to Host eTukTuk Sustainable Transport Initiative

Traditional tuk-tuks are a significant contributor to global carbon emissions, “emitting more toxic CO2 than a passenger car,” according to...

John Ray Considers Relaunching FTX, Criticizes Sam Bankman-Fried

Following the disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, John Ray III has announced that...

Shiba Inu (SHIB) Apparel Line Presented by Snoop Dogg in Vogue Magazine

The English-Italian fashion designer John Richmond has worked with many celebrities, including critically acclaimed artists like Madonna, the Rolling Stones...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team