👀 TRON DAO Reserve will buy USDT for a total of $1 billion. twitter.com

🗣 The CEO of KuCoin officially denies the rumors about the “insolvency” of the exchange.
finbold.com

🤔 Did CZ really have intentions to buy FTX?.
www.blockworks.com

👀 Peter Brandt: Bitcoin's next lows could be $13,800 or even $10,350.
www.u.today

🤝 Defrost Finance partners with Degis.
medium.com

👀 About 11% of CoinShares' total net assets are on FTX, worth about $30.3 million. twitter.com

📝 Coinbase adds Vulcan Forged PYR (PYR) to the roadmap.

🥳 12 projects selected for Season 5 of the Binance Labs Incubation Program covering infrastructure, zkDID, DeFi, tools, security, gaming, and payments sectors.
binance.com

🗣 Explanations SBF.

🗣SBF: Alameda Research is curtailing trading.

🤔 Cryptoquant CEO: Isn't that illegal?

1/ FTX only allows withdrawals for TRX and TRC20.
2/ Users exchange assets for TRX to request a withdrawal.
3/ The price of TRX goes up about 50x on FTX.
4/ Justin deposits TRX on FTX and sells them.
5/ FTX users sell TRX on other exchanges at a significant loss.

🥶 FTX wallet with 46,360,701 USDT frozen by Tether on the TRON blockchain.

📊 Nearly 50% of ENS revenue now comes from domain renewals.

🙋‍♂️ Binance adds support for credit/debit card payments via Apple Pay and Google Pay.
binance.com

🇯🇵 The Japan Financial Services Agency ordered the local division of FTX to suspend operations.

🇺🇸🗽 Fed's Evans: it's time slow down Fed rate hike rate

👀 FTX used client accounts to fund risky bets, according to the WSJ.

👀 12 projects selected for Q5 Binance Incubator Incubation Plan binance.com

🥳 With Tether FUD, more people are selling USDT and USDT borrowing APY has increased significantly.

The basic logic is to deposit USDC/ETH and other assets in Aave/Compound as collateral, borrow USDT, and then sell USDT on Curve to exchange for USDC. If USDT is hot, then USDC can be exchanged for USDT.

👀 Axios: FTX approaches Kraken for potential rescue deal theblock.com