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9/11 Market Update

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Impossible Daily Updates #158

📖 Top-5 Reads

  1. Binance signs a non-binding LOI to acquire FTX
  2. Everything you need to know about Alameda and the collapse of FTX
  3. Thoughts on the events that have happened today
  4. Evidence that FTX might have provided a massive bailout for Alameda in Q2
  5. Brian Armstrong on FTX

🧵 Threads of day

  1. Su Zhu is back?
  2. On dealing with losses, uncertainty, protecting your assets and dealing with the extreme thoughts of "should I buy?" or "do I need to sell everything?”

📰 News

  1. Binance tops up their insurance fund to $1bn

📚 Study

  1. Stablecoin Wars heating up

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