# FTX Mayhem: One Year Later

*Author: Bankless*
*Published: Nov 6, 2023*
*Source: https://www.bankless.com/how-to-master-the-bull-run-copy*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/11/MOD-NEWSLETTER-HEADERS--4--3.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=expansion-pack-character-classes-crypto-level-ups&email=true)

  

    FTX Mayhem: 1 Year Later

  
  

  
  Published on Nov 6, 2023

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
    UK Wants Stables
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/11/Frame-50445--10--1.png)- **🇬🇧 UK pushes for Stablecoins.** UK regulators are pushing forward proposals to bring stablecoins into the "[real economy](https://x.com/Techmeme/status/1721553199205880020?s=20)," wen USA?
- **🦧 Yuga taking on OpenSea? **The BAYC maker is partnering with Magic Eden to [build a marketplace that enforces royalties](https://x.com/MinisterOfNFTs/status/1720764194797011106?s=20). 
- **🌝 Simpsons skewer NFTs. **The Simpsons turned Bart into an NFT this week, and it honestly feels like a bottom signal. [See what NFT projects you can spot](https://twitter.com/essentialceo/status/1721387533232173327)! 

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    Illegal Shorts
  
  

  

 

📊 **Sayonara Shorts. **South Korean financial authorities [banned short-selling until next June](https://twitter.com/KobeissiLetter/status/1721528781582610560?s=20). Korean tech index KOSDAQ [posted](https://x.com/KobeissiLetter/status/1721528781582610560?s=20) its largest single-day gain in history, but the move begs the question: is crypto the only free marketplace?

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.33T
       

  
    
    ↗ 0.6%
    
  

   
    
    ↗ 4.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $34,986.85
       

  
    
    ↘ 0.1%
    
  

   
    
    ↗ 1.6%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $1,893.08
       

  
    
    ↗ 0.4%
    
  

   
    
    ↗ 4.9%
    
  

        
        

[Unlock Today's Full Market Analysis](https://www.bankless.com/sayonara-shorts)

.  .  .

 
  
    

    OPINION

  
  
    
    What Did FTX Teach Us?
  
  
  
   
     
     Bankless Writer: 
     
     [
       
    William Peaster
     
     ](https://www.bankless.com/author/william-m-peaster)
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2023/11/image--13-.png)](https://www.bankless.com/one-year-after-ftx/)*One year ago*, FTX collapsed. The industry lost plenty of money in the following days, but it **also lost plenty of trust.** 1 year later, what demons have we conquered, and **where do we still have work to do?**

[Read the Full Opinion](https://www.bankless.com/one-year-after-ftx/)
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