Sollet Bitcoin (soBTC), a so-called “wrapped” asset supposedly backed 1-to-1 with bitcoin, plummeted $10,000 at around 2:00 p.m. Eastern Standard Time, according to DeFi protocol Raydium. It had already spent much of the day trading below its bitcoin peg on the news that FTX had filed for bankruptcy protection.
![The State of Eth2, Jan 2021 [ENG/普通话]](https://storage.googleapis.com/ethereum-hackmd/upload_47c90a1331094cf794adf6539a7f8205.jpg "The State of Eth2, Jan 2021 [ENG/普通话]")
