What Happened on Nov. 28th｜BlockFi Becomes Latest Crypto Company to File for Chapter 11 Bankruptcy
On November 28th, BlockFi officially filed for Chapter 11 bankruptcy. Across Protocol launched $ACX, and the airdrop is available to claim. Ethereum community made an inside joke about "$WETH depegged". Vice president of crypto exchange AAX announced his resignation. Putin called for international settlements based on blockchain and digital currencies. Game7, a Web3 gaming DAO supported by BitDAO and Forte, launched a $100 million grant program.
- Cross-chain bridge Across Protocol launches $ACX, the airdrop is available to claim.
- Ethereum community makes an inside joke about "$WETH depegged".
- Euler Finance released proposal eIP 31, which proposes to move WBTC to an explicit Wrapped Bitcoin Chainlink oracle.
- Aave decommissions low liquidity asset pools to protect against attacks.
- Asset management protocol Tranchess is live on Ethereum, launches liquid staking product $qETH.
- Abracadabra calls on Sushi for emergency assistance as faulty oracle places $10m at risk.
- Whale 0x561f has swapped 15 million $USDC for about 15 million $USDT on Curve.
- The first draft of SushiSwap's new tokenomics completed and will be presented internally next week, says SushiSwap's new CEO.
- Andre Cronje: Fantom currently owns over 450 million $FTM.
- Crypto lender BlockFi officially filed for Chapter 11 bankruptcy.
- Bitfront, the crypto exchange owned by Japanese social giant LINE, will close.
- Whale Alert: 127,351 $BTC transferred from Binance to unknown wallet.
- CZ: About 120,000 $BTC transferred from Binance is part of Proof-of-Reserve Audit.
- Action Fraud report: UK crypto fraud climbs by a third to over $270 million.
- Vice president of crypto exchange AAX has announced his resignation.
- Telegram wallet bot allows users to purchase and sell bitcoin.
Metaverse & NFTs
- Beta mainnet of NFT perpetual futures DEX nftperp is now live.
Policy & Regulation
- Civil and criminal investigations into FTX are ongoing, says Bahamas Attorney General.
- Putin calls for international settlements based on blockchain and digital currencies.
Policy and Regulation
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