What Happened on Dec. 13th｜Bahamian Authorities Arrested SBF at Request of U.S. Government

DeFi

• Data: $BNB price drops 8.33% in 24 hours.
• Data: $MAGIC price reaches $0.8054, up 4.56% in 24 hours.
• Data: $APE staking volume has exceeded 70 million, worth nearly $300 million.

CeFi

• CZ: Binance netflows about $1.14 billion today.
• Binance temporarily pauses $USDC withdrawals.
• 300,000,000 $BUSD transferred from Binance to unknown wallet.

Metaverse & NFTs

• Data: Bored Ape Yacht Club 24 hours trading volume up 81.56%.

Policy & Regulation

• Canadian Securities Administrators to adopt stricter regulations for crypto firms.
• SEC charges SBF with defrauding investors in FTX.
• Financial Stability Board will lay out firm steps to regulate the crypto industry in early 2023.
• Bahamian authorities arrested SBF at the request of the U.S. Government.

Fundings

• DeFi infrastructure provider Sooho.io has closed a $4.5 million funding round led by Woori Technology Investment.