👀 Bahamas PM: Failed to prevent FTX crash, found no "flaws" in Bahamian encryption rules ft.com
👀 US Senate Banking Committee Schedules FTX Bankruptcy Hearing theblock.com
👀 Informed Sources: FTX Bankruptcy Causes Multicoin Fund Assets to Drop 55% in Two Weeks www.blockworks.com
👀 Galaxy Digital: Untouched Genesis Lending Business and Gemini's Earn Program bloomberg.com
👀 Coinbase: No contact with Alameda and no FTX loans, the company has $5.6 billion of available cash flow. coinbase.com
👀 The American commercial bank Customers Bancorp released a statement saying that the FTX bankruptcy did not have a serious impact on the bank. businesswire.com
👀 US CFTC Commissioner: CFTC confirms that LedgerX is not on the list of failed FTX subsidiaries www.blockworks.com
⚠️ #HNT Helium is currently stopped at block 1,619,546 "after activating chain variables." The Helium core team has stated that they are working on an issue with validator statements and will provide an update when they know more.
👀 US Treasury Secretary: FTX Incident Proves Encryption Market Needs Better Oversight and Congress Should Intervene to Fill Regulatory Loopholes theblock.com
👀 Sanjian Lianchuang once again claimed that FTX and Alameda colluded to defeat Sanjian, which was debunked by the SBF. cnbc.com
👀 Cryptocurrency market maker B2C2 is in talks to buy a portion of short-term Genesis loans at a discount. www.blockworks.com
👀 Temasek: Write off the entire $275 million investment in FTX, with no direct exposure to cryptocurrencies. temasek.com.sg
👀 California Financial Regulator Suspends Salt Crypto Lending Platform License for 30 Days dfpi.ca.gov
👀 Binance to Delist SRM, RAY Leverage, and Binance Money Management Products binancezh.top
👀 Luno, a subsidiary of DCG: Genesis does not affect operations, wallet funds are on the Luno platform Discover.luno.com
👀 Circle: Circle Yield is a super collateralized fixed income product. Genesis is Circle's partner in this product. Circle Yield's total outstanding customer loan as of 11/16/22 is $2.6 million.
🤖 CryptoAttack 🇬🇧
🇺🇸 Democrats gain control of the US Senate In Nevada, Catherine Cortez-Masto won the election, giving the party 50 seats in the upper house. Even if the Republicans win in Georgia, Vice President Kamala Harris will have the deciding vote.
🇺🇸 Republicans take control of the House of Representatives