💱 Twitter is rolling out crypto trading features

💱 Twitter is rolling out crypto trading features 🪦 FTX aims to rise from bankruptcy 🔧 Ethereum network's Shapella upgrade goes smoothly despite earlier fears

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Here's what recently happened in the space:

💱 Twitter is rolling out crypto trading features 

     🪦 FTX aims to rise from bankruptcy

    🔧 Ethereum network's Shapella upgrade goes smoothly despite earlier fears

Twitter is rolling out crypto trading features

According to CNBC, Twitter is going to roll out features to make it even easier for people to trade stocks, crypto, and other assets. Elon is partnering up with eToro platform to make it possible. Twitter has a search function for some stocks and basic crypto, but apparently that wasn't enough. Now users don’t even have to bother searching, just click the “View on eToro” button and it will take them directly to trading platform.

After buying Twitter last year, Elon's new vision is to turn Twitter into one of those super apps that will do everything. But whether it will become a sophisticated bouquet of services or a trash can full of stuff you don't need, only time will tell.

FTX aims to rise from bankruptcy

FTX is considering rebooting its platform. Andry Deitderich, the company's attorney, stated during a US bankruptcy court hearing that over $7.3 billion of cash and liquid crypto assets have been recovered, an increase of almost one billion dollars from the previous report. Deitderich added that the company is now brainstorming ways to revive their exchange. Imagine the impossible: retrieving Titanic from its watery grave and plugging the holes so it would sail once again, surely you're going to be *swimming* in customers, right?

FTX's lawyer also said that the company is working on a Chapter 11 plan that might be approved in 2024, it would allow the exchange to pay its creditors and offer the company a path out of bankruptcy.

It's still unclear how FTX will manage to pull this off, but if that means that regular Joe investors and holders will get their money back then we can all breathe a heavy sigh of relief.

Ethereum network's Shapella upgrade goes smoothly despite earlier fears

ETH's long awaited hardfork a.k.a the Shapella upgrade is finally live on the Ethereum mainnet, and it's almost like a Christmas miracle! After months of anticipation, ETH staked assets can now be moved from the Beacon Chain to the execution layer - a.k.a the Ethereum Virtual Machine (EVM). Withdrawals of staked Ethereum tokens are now possible, but the most important part that nothing bad really happened, even though some community members were worried that 30 billion worth of ETH unlocking will bring about a disaster.

ETH has performed very well, the weekly losses accrued earlier have been pared back and the market seems to be responding positively. In addition, a relatively low number of validators (3,996) signed up to the exit queue, meaning only 284,622 ETH tokens were available for withdrawal. This goes to show that the Ethereum community is well prepared for such unpredictable changes and the Ethereum ecosystem remains strong.