What Happened on Nov. 16th|zkSync Developer Raises $200M

TI Research

On November 16th, Genesis Global Capital suspended redemptions and new loan originations. Paradigm's investment in FTX has been written down to zero, the co-founder confirmed. Maker launched an infrastructure to teleport $DAI across multi-chain. The majority of the top 200 collections on OpenSea that use the ERC-721 standard will be integrated into Binance NFT Marketplace. Matter Labs closed a $200 million Series C funding round led by Blockchain Capital and Dragonfly.

DeFi

  • Luna Foundation Guard releases an audit report, saying all its funds were used to defend $UST's peg instead of being embezzled. Source
  • Aave is live on Layer2 privacy solution Aztec. Source

CeFi

  • Genesis Global Capital is temporarily suspending redemptions and new loan originations. Source
  • FTX has $8 billion in liquid assets liabilities, says SBF. Source
  • SBF: FTX US had enough to repay all customers. Source
  • Salt has halted withdrawals and deposits, citing the impact of the collapse of FTX. Source
  • Argus says Alameda traded on insider information. Source
  • Paradigm's investment in FTX is written down to zero, says co-founder. Source
  • Catheon Gaming lost $20 million in the May 2022 $USTC incident. Source
  • Bybit discloses main users asset wallets, with around $1.91B holdings. Source
  • New York Federal Reserve partners with major banks to start a digital dollar pilot. Source
  • WSJ: SBF still trying to raise new funds in the face of bankruptcy. Source
  • Crypto exchange Liquid disables deposits. Source
  • 20 million $USDC has been transferred from Binance to FTX-related address. Source
  • BlockFi is preparing for a possible Chapter 11 bankruptcy protection filing. Source

Infrastructure

  • Maker launches an infrastructure to teleport $DAI across multi-chain. Source
  • DeFi Wonderland will launch decentralized oracle Price Protocol. Source
  • Digital asset management platform Safe will launch a $1M grant program to support building self-custody solutions. Source

Metaverse & NFTs

  • The majority of the top 200 collections on OpenSea that use the ERC-721 standard will be integrated into Binance NFT. Source
  • Yuga Labs launches NFT museum donation initiative. Source
  • Aptos announced a partnership with Game Studio NPIXEL. Source

Policy & Regulation

  • Japan's financial regulator is investigating the impact of the FTX incident on local crypto exchanges. Source
  • Binance secures approval from Abu Dhabi regulators. Source
  • ASIC suspended FTX Australia's AFS license. Source

Fundings

  • Matter Labs closed a $200 million Series C round of funding led by Blockchain Capital and Dragonfly. Source
  • DEX Jumbo closed a $3.5 million round of funding led by Pantera Capital and Huobi Ventures. Source
  • NFT fraud detection company Yakoa has closed a $4.8 million funding round led by Brevan Howard Digital. Source

DeFi

Exchanges

Lending

FTX

Binance

Fund Raising

Layer 2

Marketplace

Terra

Ethereum

OpenSea

Paradigm

Dragonfly

Policy and Regulation

TI Research

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