What Happened on Nov. 17th|Multiple Exchanges Suspend Deposits for Solana-Based $USDC and $USDT

TI Research

On November 17th, Uniswap has been down for several hours due to the Cloudflare routing issue. StarkNet's ERC20 token contract is deployed on Ethereum Mainnet. Multiple exchanges suspend deposits for Solana-based $USDC and $USDT. Circle: $USDC on Solana is operating as expected. SBF doesn't speak on FTX's behalf after resignation, says FTX new CEO. Chainlink NFT Floor Pricing Feeds are live on Ethereum. Coinbase will list Lido DAO ($LDO).

DeFi

  • Uniswap has been down for several hours due to the Cloudflare routing issue. Source
  • StarkNet's ERC20 token contract is deployed on Ethereum Mainnet. Source
  • Coinbase enables instant deposits with TrueLayer. Source
  • Decentralized synthetic asset trading platform Kwenta launches $KWENTA. Source
  • zkSync will reserve 2/3 of potential future token to its ecosystem if released. Source
  • Avalanche-based DEX Trader Joe launches Liquidity Book AMM. Source
  • $FLARE exploiter has transferred about 4,006 $BNB to Tornado Cash. Source

CeFi

  • Circle: $USDC on Solana is operating as expected. Source
  • Binance has resumed deposits for USDT (SOL). Source
  • Binance temporarily suspended deposits of USDC (SOL) and USDT (SOL). Source
  • FTX advisors found $740 million of crypto in FTX cold wallet. Source
  • New FTX CEO condemns management of the crypto exchange during SBF's tenure. Source
  • SBF doesn't speak on FTX's behalf after resignation, says FTX new CEO. Source
  • SBF claims FTX had $13B of leverage. Source
  • SBF claims FTX would resume withdrawals within a month if he hadn't filed for bankruptcy. Source
  • FTX Accounts Drainer has bridged 900 $ETH (about $1.075 million) via Anyswap. Source
  • Gemini restores service to the exchange. Source
  • Coinbase claims zero exposure to Genesis Trading. Source
  • Tether claims zero exposure to Genesis. Source
  • Circle tweeted that Genesis is a counterparty to Circle Yield. Source
  • Kraken claims a total of $1M exposure to other crypto businesses. Source
  • Temasek writes down $275M investment in FTX and FTX US. Source
  • Nouriel Roubini: CZ is a ‘walking time bomb’. Source
  • CZ: Some people like to get attention by attacking famous people. Source
  • Elon Musk: Coverage of FTX event on Twitter much faster than old-school media. Source
  • Coinbase will list Lido DAO ($LDO). Source
  • Coinbase added $EGLD to the listing roadmap. Source

Metaverse & NFTs

  • Chainlink NFT Floor Pricing Feeds are live on Ethereum. Source

Policy & Regulation

  • Bahamas Prime Minister: Nation’s regulatory framework is solid. Source
  • Binance denies UK lawmaker's allegation it deliberately tripped up FTX. Source

Fundings

  • Web3 gaming and entertainment studio Heroic Story has raised $6 million in a seed round with Multicoin Capital involved. Source
  • Web3 platform Virtualness closed over $8 million in the seed round with Polygon Ventures involved. Source
  • Decentralized derivatives trading protocol Veax closed a $1.2 million pre-seed round with Circle Ventures involved. Source

Solana

USDT

Stablecoins

Exchanges

FTX

SBF

Binance

CZ

Uniswap

DeFi

Lido

Coinbase

TI Research

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