Off Chain 9/1/22: Crypto.com's $10.5m blunder, the web3 founder that gambled away $1.8m of funding, and Arbitrum's Nitro update goes live.

In this week's episode of Off Chain, we cover the following stories: * Ragnarok (metaverse gaming company) founder admits he lost $1.8mm of treasury funds speculating on ETH (essentially gambling with the treasury). * Crypto.com accidentally sent woman $10.5M instead of $100, and didn't notice for 7 months. * Arbitrum executed its much anticipated Nitro upgrade to increase speed and efficiency (on Wednesday). * Mt.Gox Repayment gets pushed to September, and 137K Bitcoin is on hold.