What Happened on Nov. 23rd｜Curve Finance's Stablecoin Whitepaper Released on Github

DeFi

• Curve Finance released the whitepaper of its stablecoin on Github. Source
• Liquid staking protocol Stride's $STRD airdrop is available to claim. Source
• Curve Finance is deployed on Celo. Source
• Aave: Liquidations were successful, but $1.6 million bad debt remained in the protocol. Source
• Cross-chain DEX aggregator THORSwap integrates with Trader Joe. Source
• LayerZero-based cross-chain bridge Stargate launched $MAI Pools. Source
• dYdX updated the progress of dYdX Chain. Source

CeFi

• Binance announces Hooked Protocol ($HOOK) token sale on Binance Launchpad. Source
• OKX publishes Proof of Reserves. Source
• Coinbase will list BENQI ($QI). Source
• Crypto lender BlockFi has put client loans into forbearance. Source
• Binance has now resumed deposits for USDC (SOL). Source
• U.S. Congressman Tom Emmer said the collapse of FTX was not a failure of crypto, but a failure of business ethics, government oversight, and regulation. Source
• Genesis has hired restructuring advisors to explore all possible options. Source
• CZ denies seeking Middle East cash for the industry recovery fund. Source
• SBF says collateral crashed by $51 billion as FTX fell. Source

Infrastructure

• Ronin launches testnet for developers Saigon. Source
• Composable Finance's Kusama parachain, Picasso, is scheduled to go live on November 25th. Source

Metaverse & NFTs

• Crypto custodian Aegis Trust is offering an insurance policy for NFT. Source
• The Sandbox, World Tourism Forum Institute and TourismX are collaborating to develop Tourismverse. Source

Policy & Regulation

• New York governor Hochul signs moratorium to curb crypto mining. Source
• Australia's markets watchdog sues fintech company Block Earner. Source
• FTX is allowed to hide the identity of its 50 biggest creditors. Source

Fundings

• Cosmos-based DeFi protocol Onomy closed a $10 million funding round from Bitfinex and others. Source