DEFI WORLD

2022-11-26 13:19:53 Binance has launched a service for confirming reserves using Merkle Tree. Any user can check the safety of the coins he deposited.

Belgian Financial Services and Markets Authority: if cryptocurrencies do not have an issuer and they are issued by computer code, then they are not securities.

The Binance SAFU Insurance Fund is 44% backed by their own token.

ApeCoin staking will not be available to US residents.

Maker DAO, creator of the DAI stablecoin, has announced that it will liquidate all of its renBTC and close the vault.

Rumors: Justin Sun wants to merge Poloniex and Huobi exchanges into one platform.

Amazon has ordered the filming of an eight-episode series about the collapse of FTX. Open / Comment

2022-11-24 22:46:08 After the FTX crash, the total locked value of DeFi protocols on Solana dropped three times from $1.37 billion to $465 as of November 15th.

Binance US will once again offer to buy the assets of the bankrupt crypto lender Voyager.

Singapore police suspected Hodlnaut crypto-lending platform of fraud, which suspended withdrawals of customer funds.

The MetaMask wallet has been seen collecting personal data about the owners of Ethereum (ETH) and ERC-20 tokens.

Cryptoquant co-founder Ki Yong Ju called on HitBTC to freeze the account that received bitcoins from the BTC-e/WEX wallet. Open / Comment

2022-11-24 14:36:47 Kaiko: weekly trading volumes on the top 11 centralized crypto exchanges have halved to $100 billion compared to the previous week.

Glassnode: 136,992 BTC have been withdrawn from centralized crypto exchanges in the last 30 days.

Ark Invest founder Cathy Wood still believes in $1 million bitcoin by 2030.

Pantera Capital: The next BTC halving will take place on April 20, 2024.

Chainalysis is included in the list of FTX creditors. Twitter users are accusing the company known as a developer of tools for tracking transactions on the blockchain for deliberately withholding information about the deplorable state of FTX and Alameda. Open / Comment

2022-11-24 14:35:24 225 Million XRP Moved By Whales; Price Up By 6%

https://bit.ly/3EXuDRe Open / Comment

2022-11-23 00:27:36 Reuters: Sam Bankman-Fried, his parents and top managers of FTX and Alameda own 19 luxury properties worth $121 million.

Bloomberg: Genesis is ready to file for bankruptcy if it can't find investments to restore liquidity.

CoinShares: The number of open short positions in bitcoin has reached a two-year high.

The US authorities have set a date for the first hearing in the FTX case. It will be held by the US Senate Agriculture Committee on December 1.

Court documents: Bankrupt crypto exchange FTX and its affiliates have $1.24 billion in cash on their balance sheets.

Justin Sun may purchase assets from FTX.

Mining company Iris Energy has disabled most of the devices after a default notice that two of its divisions received. Open / Comment

2022-11-20 21:14:32 During the week from November 12 to November 18, $5.4 billion in Ethereum and standard tokens were withdrawn from crypto exchanges.

Cardano founder Charles Hoskinson presented the new Midnight blockchain and Dust token with smart contracts and a backdoor for auditors and regulators.

Ethereum founder Vitalik Buterin suggested using zk-SNARKs to check the data on the reserves of cryptocurrency exchanges.

Cryptocurrency investment company Grayscale refused to confirm the presence of bitcoins and Ethereum on its balance sheet. Open / Comment

2022-11-18 18:07:33 Binance has temporarily suspended the creation of deposits in USDC (SOL) and USDT (SOL). After verification, USDT deposits issued on the Solana blockchain were restored.

KuCoin, ByBit, and OKX have also stopped creating USDT and USDC deposits on the Solana blockchain.

USDC issuing Circle CEO Jeremy Aller called for urgent regulation of stablecoins after the collapse of FTX.

Nansen: outflow from Gemini exchange was 7.6 times greater than inflow, net outflow was $500 million.

El Salvador President Nayib Bukele promises to buy 1 BTC every day starting November 18th.

Former FTX CEO Sam Bankman-Fried took out $1 billion in personal loans from one of his companies, Alameda Research. Open / Comment

2022-11-17 09:53:50 Gemini Earn has suspended withdrawals due to withdrawal closures on the Genesis platform. Genesis Capital was stuck with $175M on FTX and was hit by the 3AC collapse in the spring.

Trust Wallet has integrated Binance Pay and Coinbase Pay, and now you can withdraw crypto from Binance to Trust Wallet without commission.

Chainalysis has introduced a new Storyline tool for analyzing transactions in DeFi protocols, cross-chains and Web3.

Hardware wallet makers Trezor and Ledger saw a 2-3x increase in sales after the FTX crash.

Vitalik Buterin: You can believe that everything centralized is evil by default, but DeFi also has risks. These are errors in the smart contract code. Open / Comment

2022-11-16 15:49:13 Lookonchain analysts studied the balances of the Gate exchange and came to the conclusion that they could hide the $230 million hack in 2018.

FTX-owned crypto exchange Liquid Global has suspended all withdrawals.

Visa has stopped issuing a crypto card in partnership with FTX.

OKX will create a $100 million fund to support those affected by the collapse of FTX.

Reuters: The New York Fed, together with Citigroup, HSBC, MasterCard, Well Fargo and others, is launching a 12-week digital dollar pilot project.

Samson Moe on Ethereum: You can build on top of bitcoins without issuing a shitcoin. For this, there is Lightning and Liquid BTC. Open / Comment

2022-11-16 15:45:52 Breaking: Binance Gets FSP License In Abu Dhabi Amid FTX Crisis
https://bit.ly/3X3FTCO Open / Comment