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

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