What Happened on Dec. 29th｜FTX Used $200M of Customer Funds for Two Venture Investments, SEC Says

DeFi

• Liquidity protocol Vader is sunsetting, and will return protocol's funds to $VADER and $USDV holders.
• Wombat Exchange partners with Frax Finance.
• Data: Uniswap total trading volume over $620 billion in 2022.
• Token distribution platform Streamflow is live on Aptos mainnet.

CeFi

• FTX Japan has released an update on the return of user assets.
• Late Nexon CEO's $6.7 million worth of cryptocurrencies was stolen by hackers.
• Binance to perform wallet maintenance for BNB Beacon Chain (BEP2).

Metaverse & NFTs

• Data: NFT project Pudgy Penguins floor price drops back to 6.5 $ETH.

Policy & Regulation

• California regulator warns of 17 crypto websites suspected of fraud.
• SEC: FTX diverted $200 million of customer money for two venture deals.
• Former Tongan MP: Newly appointed Fijian Prime Minister is a Bitcoin supporter.

In-Depth Reading

• Leveraging Telegram, Can TON Chain Stand Out in 2023?
• The Rise of GAINS and the Fall of DFYN in the Polygon Ecosystem: Ratings Analysis