Sources: crypto derivatives exchange Deribit raised ~$40M from existing investors at a $400M valuation; source: it raised $100M in 2021 at a $2.1B valuation (Yogita Khatri/The Block)

Svea Herbst-Bayliss / Reuters:
Sources: a majority of Twitter’s shareholders have voted in favor of the $44B sale to Musk, whose $54.20 per share deal looks pricey in the current environment  —  A majority of Twitter Inc’s (TWTR.N) shareholders have voted in favor of the social media company’s $44 billion sale to Elon Musk …

Yogita Khatri / The Block:
OneKey, which claims only its hardware wallet has a certified secure chip and 100% open-source code, raised a ~$20M Series A led by Dragonfly and Ribbit Capital  —  – Hong Kong-based crypto hardware wallet maker OneKey has raised $20 million in Series A funding.

Yogita Khatri / The Block:
Immunefi, which helps crypto services create bug bounty programs, raised a $24M Series A led by Framework Ventures  —  – Immunefi has raised $24 million in Series A funding led by Framework Ventures.  — The startup hosts bug bounty programs by crypto projects and earns a 10% commission on bounty payouts.

Yogita Khatri / The Block:
On-chain data: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET  —  – Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data.  — The last outgoing transaction from FTX took place at 6:37 a.m. ET on the Ethereum blockchain.

Gillian Tan / Bloomberg:
The Coterie, which lets founders access funds from Coatue, a16z, and others to sidestep illiquid stock, raised a $40M Series A led by a16z at a $100M+ valuation  —  Andreessen Horowitz led a $40 million funding round for The Coterie, valuing the financial technology platform at more than $100 million.

Angus Berwick / Reuters:
Sources: spreadsheets shown by SBF to FTX’s regulatory and legal teams show that at least $1B of client funds that moved from FTX to Alameda is unaccounted for  —  At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter.