Coinlive Weekly (November seven – November 13): seven FTX Days Changed the Entire Cryptocurrency World

Last week was the worst time in the cryptocurrency industry’s 13-yr historical past, all since of a single organization, a single particular person, that the local community totally trusted for what they did in the previous, but turned out to be a thief. .

Change in the worth of the primary cryptocurrencies in contrast to seven days in the past, statistics collected at 13:45 on eleven/13/2022. Source: Coin360

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Coinlive Originals – Articles to study

Coinlive Television

DeFi discussion ep.69: Ethereum and the “bottlenecks” when moving to Proof-of-Stake

Weekly information:

Central stage 🔥

The quick collapse of FTX:

US inflation October 2022 fell sharply, the rate of BTC recovered somewhat

CZ Binance: The recent crisis could get worse

Vitalik Buterin: Consequences of the “most serious” FTX situation in historical past

Great Cap

Ethereum (ETH) reached deflationary state, burned all the coins created by The Merge

Stablecoin USDT loses its peg The deepest $ one from LUNA-UST

BitMEX Closure of the BMEX exchange listing programme

Solana announced the release routine of three,500 “homemade” Saga smartphones – Preparing to assistance EVM

StratoZero Alameda Research’s proposal to purchase back STG tokens

DeFi and degree two

– Update on Solenda just after FTX fluctuations

starknet Launch of governance organization StarkNet Foundation

MetaMask Launch of the Bridge Aggregator cross-chain bridging platform

– Stablecoin MI M depeg just after the adverse information of FTT

Avalanche launched a $four million liquidity stimulus package deal for gmx extension

NFT, Games and Metaverse 🖼🎮🌐

Offshore Launch of NFT royalty checker toolkit

Large organizations

Binance “lead by example”, release proof to continue to keep $ 70 billion in consumer deposits

– The investment fund was awarded the quick LUNA contract blocked $ forty million on FTX

– Continually quite a few organizations state “Solidarity” from FTX

Crypto “big boys” in the US voice to reassure the local community just after the FTX crisis

– Bitcoin mining firm Energy of the iris risking to default on the debt

Legal and Reception

America Seizure of 50,000 Bitcoins associated to the Silk Road situation

United States Senate Accelerate the cryptocurrency regulation bill just after the FTX situation

LBRY loses situation towards SEC on fees of violating federal securities laws

Korea total NFT and CBDC trading check

Synthetic currency68

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