Welcome to this week's episode of This Week in Blockchain - Crypto!

Each week your host, Conor Svensson, founder and CEO of Web3 Labs, will provide a rundown of the major events that took place in the #crypto industry during the past week.

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Links to items discussed:

• Crypto Market Cap Surges to Record $2.7T
• Binance.US blames bitcoin flash crash to $8,200 on client algorithm
• Strike Expands Service to Allow US Users Receive Income Payment in Bitcoin
• Coinbase announces multiyear sponsorship deal with NBA, WNBA
• Facebook Turns to Coinbase, Paxos for Novi Crypto Wallet
• Senate Democrats call on Facebook to halt Diem and Novi
• Diem tells senators on the warpath over Novi: We're not actually Facebook
• FTX raises $420 million in funding round backed by 69 investors
• Sam Altman's Worldcoin wants to scan eyeballs in exchange for crypto
• Crypto Market Cap