What Happened on Nov. 14th｜Binance to Form Industry Recovery Fund

DeFi

• ATOM 2.0 proposal was rejected. Source
• SlowMist tweeted that some users suffered from an airdrop scam. Source
• Liquid staking protocol Rocket Pool is live on Loopring. Source
• Chiliz will allocate 38 million $CHZ to individual users owning $CHZ on FTX. Source
• Alameda Research exits the Klaytn Governance Council. Source
• Yield aggregation platform Tulip Protocol pauses lending deposits. Source

CeFi

• Binance is forming an industry recovery fund, says CZ. Source
• CZ: Binance never shorted $FTT. Source
• CZ: Binance will try to disable all API keys that was used by Skyrex. Source
• CZ: Suggest users to delete API keys shared with third-party platforms. Source
• Binance reopened deposits of $FTT. Source
• Binance will remove 4 $FTT trading pairs on November 15th. Source
• Crypto.com recovers $990M from FTX and withdrawals are working as expected, says CEO. Source
• CrossTower is working on a revised offer for the assets of bankrupt Voyager Digital. Source
• AAX exchange suspended operations, needs 7-10 days to restore user assets. Source
• Visa has terminated global debit card agreements with FTX. Source
• GameStop is winding down its relationship with FTX US. Source
• Citi report: Correlation between equity markets, Bitcoin weakens following FTX collapse. Source

Infrastructure

• Decentralized oracle Band Protocol delists $FTT. Source
• Cross-chain DeFi protocol Umee will launch Cosmos-based oracle network Ojo. Source

Metaverse & NFTs

• YGG launches new Reward Vaults. Source

Policy & Regulation

• FTX collapse is being investigated by Bahamian authorities. Source

Fundings

• Yuga Labs acquires NFT platform Wenew and its NFT collection 10KTF. Source
• Binance Labs leads the pre-seed funding round for Web3 cybersecurity company Ancilia. Source