SoSo Daily Nov 10 | FTX Files Lawsuits to Recover Funds from Scaramucci, Storybook Brawl Developers, and Others

According to sosovalue, the price of $BTC is 76,704 USD, an increase of 0.271% from yesterday. The market cap of $BTC is 1.52 trillion USD, accounting for 54.8% of the total market cap; $BTC's 24-hour trading volume is 27.74 billion USD, making up 21% of the total trading volume.
The price of $ETH is 3,128.2 USD, up 5.71% from yesterday; the market cap of $ETH is 376.7 billion USD, representing 13.6% of the total market cap; $ETH's 24-hour trading volume is 27.85 billion USD, comprising 21.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.4% of the total cryptocurrency market cap, and their combined trading volumes constitute 42.1% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 23:50 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is X Empire. As of 23:50 today, its market cap is 0E-8, with a coin price of 0.00029380 USD, witnessing a 24-hour increase of 127%.
The second is BLOCKLORDS. As of 23:50 today, its market cap is 15.12M, with a coin price of 1.0007 USD, witnessing a 24-hour increase of 95.5%.
The third is Hamster Kombat. As of 23:50 today, its market cap is 308.42M, with a coin price of 0.0047910 USD, showing a 24-hour increase of 83.7%.
In fourth place is Beoble. As of 23:50 today, its market cap is 1.53M, its coin price is 0.0071500 USD, with a 24-hour rise of 63.6%.
In fifth place is Propy. As of 23:50 today, its market cap is 95.59M, its coin price is 1.6510 USD, increasing by 60.7% over the last 24 hours.


Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, all are up today. Notably, Meme, Layer2, and GameFi sectors are worth mentioning.
Meme sector has risen 6.94% relative to the UTC 0 time, led by gains in gnon (47.8%), fartcoin (45.4%), and mfer (44.9%).
Layer2 sector has increased 6.01% relative to UTC 0, with A8 (36.7%), mnt (20.5%), and zkf (17.6%) leading the rise.
GameFi sector has risen 5.86%, with X (123%), LRDS (99%), and HMSTR (81%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Just over a month after a bankruptcy judge approved FTX's reorganization plan, and about two years after the exchange's collapse, the FTX estate has filed some 25 adversary lawsuits against various entities in an attempt to claw back funds for creditors. Several of the noteworthy individuals include SkyBridge Capital CEO and onetime Trump administration official Anthony Scaramucci, the developers behind the game Storybook Brawl, a notorious trader who repeatedly exploited FTX, and Deltec Bank chairman Jean Chalopin, among others.
Next news:Robinhood Crypto has now launched SHIB transfers, allowing users to deposit and withdraw SHIB on its platform.
Next news:According to the official account of the People's Procuratorate of Yunnan Province, the Shidian County Procuratorate has prosecuted 10 individuals, including Li, for allegedly organizing and leading a pyramid scheme. After court hearings, the 10 defendants were sentenced to prison terms ranging from 2 to 6 years and fined between 100 thousand and 500 thousand RMB. Starting from May 2021, Li and others used "blockchain" and "virtual currency" as a guise to obtain illegal profits, claiming to purchase and hold virtual digital currency A and to issue virtual digital currencies B and C. They established 5 funding pools on online platforms, promoted slogans like "one coin one mansion" through offline meetings and WeChat groups to attract public investment, and developed downlines to profit, forming 5 levels of rebates. Investigations revealed that the pyramid scheme illegally raised a total of over 210 million RMB.
Next news:According to Wu, NFT trader john.weth shared information about the beta version of OpenSea V2 on Twitter. He disclosed that the main updates in the new version include: 1. New User Interface: A brand new homepage featuring collections with the highest trading volume for a single day, a growth leaderboard, weekly top sales, and trending collections; 2. Wallet Activity: Users can view almost all ongoing wallet activities on a single page; 3. Leaderboard: Users who provide liquidity for top NFTs will receive certain rewards; 4. Farming: OpenSea will launch a loyalty program, and top bidders will also earn points; 5. Retrospective Rewards: Users who have previously collaborated with OpenSea will receive rewards, though the specifics are yet to be determined. john.weth reminds that all content is still in the testing phase, so some features may change before the official release.
Next news:Bitcoin has fallen below 76,000 USDT, currently quoted at 75,988.40 USDT, with a daily decline of 0.69%.
Next news:Twelve days ago, a trader spent 15 SOL to purchase 28.99 million ZEREBRO. Currently, they still hold 10 million ZEREBRO, which has appreciated to 815 thousand USD.
Next news:Former Chief Equity Strategist at JPMorgan and co-founder and research head of FundStrat Global Advisors, Tom Lee, stated that Bitcoin could become a treasury reserve asset to help offset the U.S. deficit. Furthermore, Bitcoin still has the potential to reach 100 thousand this year, with significant upside potential.
Next news:J.P. Morgan expects that the Federal Reserve will end quantitative tightening in the first quarter of 2025, rather than at the end of 2024 as previously anticipated. The liquidity situation has normalized, with an increase in U.S. Treasury bill and repurchase supply, as money market funds seek to extend to longer maturities amid diminished easing expectations.
Next news:According to Bitget's market data, Ethereum has broken through 3,100 USDT, currently trading at 3,107.72 USDT, with a daily increase of 4.96%.
Next news:SEC Chairman Gary Gensler may choose to resign before the inauguration of the new president in January. If this happens, President Biden will appoint an interim chair from the remaining Democratic commissioners until Trump is inaugurated, after which Trump will appoint a new interim chair. If he does not resign, Trump can immediately appoint a new interim SEC chair after taking office on January 20. He can also nominate a new SEC commissioner to the Senate, which must be approved by the Senate. (CoinDesk)

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.