a16z-backed #crypto custody startup Entropy is shutting down after four years, with founder Tux Pacific saying remaining capital will be returned to investors. #crypto
⚡️ TODAY: #Coinbase CEO Brian Armstrong calls for easier capital formation for private companies, envisions a future where firms can go public entirely onchain. #crypto
- A newly created wallet "0xcA0" bought 61,000 $ETH worth $171.15M from Binance. - The whale "0xFB7" further bought 20,000 $ETH worth $56.13M from WinterMute and now holds 100,130 $ETH worth $283.79M. Addresses:
NEW: Tom Lee says “internal deleveraging events” caused 50% of the #crypto market makers on October 10th to go out of business. Over $19 billion was liquidated in the single largest event in #crypto #crypto and we still don’t even know the whole story. 🤔