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

TI Research

icon On November 18th, Sui Testnet Wave 1 goes live. Uniswap Labs released Permit2 and Universal Router. Tether: there is no risk inherent to Solana $USDT. Across Protocol will launch $ACX on November 28th.

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
DeFi Ethereum FTX Public Chain Stablecoins Uniswap Layer 2 Tether Alameda Research Policy and Regulation Fund Raising a16z Binance
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