What Happened on Nov. 18th｜Sui Testnet Wave 1 Goes Live

DeFi

• Uniswap Labs released Permit2 and Universal Router. Source
• Convex Finance goes live on Arbitrum. Source
• Across Protocol will launch $ACX on November 28th. Source
• 103,366,617 $USDC burned at $USDC Treasury. Source

CeFi

• Tiger Global will raise $6 billion for its new venture fund after writing down the investment in FTX. Source
• Alameda Research and its affiliates had about $5.1 billion in liabilities as of September 30th. Source
• Crypto lender Vauld has $10 million stuck on FTX. Source
• Fintech company Dave says no customers exposed to FTX. Source
• Chainalysis confirmed as FTX creditor. Source
• Silvergate CEO: $BTC is separate from the rest. Source
• Tether: there is no risk inherent to Solana $USDT. Source

Infrastructure

• Sui Testnet Wave 1 goes live. Source

Policy & Regulation

• Bitstamp gets a crypto license from the Bank of Spain. Source
• Securities Commission of The Bahamas assumes control of assets of FTX Digital Markets. Source
• Australia to revamp cryptocurrency rules after FTX collapse. Source
• UK Parliamentary Treasury Committee member: Binance submits insufficient evidence on FTX collapse. Source

Fundings

• Web3 builders network Buildspace raises $10M Led by a16z. Source
• Web3 startup Anode Labs closed a $4.2 million funding round led by Lerer Hippeau. Source