What Happened on Nov. 22nd｜Magic Eden Expands Support for Polygon NFTs

DeFi

• Decentralized trading platform Spin will conduct an airdrop for its early adopters. Source
• Maker Protocol adds $rETH as a new collateral type. Source
• Solana-based AMM Raydium integrates with Serum V3 fork Open Book. Source
• Cardano-based decentralized stablecoin Djed will hit the mainnet in January. Source

CeFi

• Gemini continues to work with Genesis and DCG to help Gemini earn users to redeem their funds. Source
• Genesis's fundraising target has been reduced from $1 billion to $500 million. Source
• Coinbase adds Benqi ($QI) and Kava ($KAVA) to its listing roadmap. Source

Infrastructure

• Chainlink Staking v0.1 will go live on the Ethereum mainnet on December 6th. Source
• Polygon Avail testnet enters Phase 2, plans to onboard 100 new validators. Source
• Oracle network Pyth adds support for Aurora. Source
• Cross-chain protocol Synapse is deployed on Canto. Source
• MEV infrastructure provider Skip Protocol is now live on Evmos. Source

Metaverse & NFTs

• Magic Eden adds support for Polygon NFTs. Source
• Game maker Rockstar Games bans NFTs on third-party servers. Source
• GameStopNFT tweeted that GameStop Wallet is now available for iOS and will add new features. Source
• TopGoal will partner with Binance to launch a football metaverse. Source

Policy & Regulation

• Hong Kong Monetary Authority: Stablecoin volatility can spillover to traditional finance. Source
• U.S. Senators urge fidelity to drop Bitcoin retirement plan after FTX crash. Source
• U.S. prosecutors opened probe of FTX months before its collapse. Source

Fundings

• NFT utility platform Tropee closed a $5 million funding round led by Tioga Capital. Source