π Temasek: Write off the entire $275 million investment in FTX, with no direct exposure to cryptocurrencies. temasek.com.sg
π California Financial Regulator Suspends Salt Crypto Lending Platform License for 30 Days dfpi.ca.gov
π Binance to Delist SRM, RAY Leverage, and Binance Money Management Products binancezh.top
π Luno, a subsidiary of DCG: Genesis does not affect operations, wallet funds are on the Luno platform Discover.luno.com
π΅οΈββοΈ Over $115 million USDC from Circle at Alameda Research
π 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.
π€ CryptoAttack π¬π§
πΊπΈ 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.
πΊπΈ Republicans take control of the House of Representatives
π Coachella's NFTs sold for $1.5 million - now they're stuck on FTX
decrypt.com
decrypt.com
πΉπΊπΈ π US senators hope to introduce bill to regulate stablecoin in next few weeks coindesk
π Foundry, a miner running DCG: works independently of Genesis, and the recent announcement does not affect it twitter.com
π Uniswap NFT Product Lead Hints at Uniswap's Pudgy Penguins Partnership in Tweet twitter.com
π€ CryptoAttack π¬π§
π Gemini: The system crash was caused by an interruption in the database connection, the service is restored, the client's funds are safe. twitter.com
β οΈ Statistics: $850 million outflow from the Gemini platform in the last 24 hours
π₯³ Adidas represents his first collection of NFT Virtual Gear. Adidas generated $11 million in NFT revenue, including $6.2 million in sales and $4.8 million in royalties.
π Bankrupt Compute North sells Crusoe assets for $1.55 million
theblock.com
theblock.com
π Indonesian regulators have asked all marketplaces in the country to stop trading FTT Reuters.com
π¦πΊπ Australian Stock Exchange (ASX) refuses from a long-developed replacement for its blockchain-based settlement and clearing system CHESS. The project was first announced in 2017.
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πΊπΈπ£ Members of Congress want to hear from SBF and other crypto leaders about the sudden and total collapse of FTX