Winklevoss owned Gemini shows assets, FIAT holdings, and reserves in new 'Trust Center'

Andre Cronje said that Fantom invested about $4 million into DeFi yields and grew its treasury to over $51 million in 2021, crypto exchanges dismiss growing insolvency rumors post-FTX fallout, and much more in this edition of CryptoSlate Wrapped Daily.

Dunamu recorded sales of about $204 million, an operating profit of $125.5 million, and a net profit of $120 million in Q3.

Bitcoin supply per whale has been following the price movements since 2014.

Coinbase Wallet is stopping support for Ripple's XRP, Bitcoin Cash (BCH), Ethereum Classic (ETC), and Stellar (XLM).

As of Nov 29, over 80% of deflationary gains have been wiped out, pushing ETH back towards inflation.

Nexo released a page of its proof of reserve indicating it had $3.4 billion in customer deposits. Through a Twitter thread, the exchange explained its reserves, treasury management practices and its refusal to extend uncollateralized loans to popular digital assets managers.

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Bitcoin volatility was lingering at all-time lows before the FTX collapse.

Amidst filing for bankruptcy, BlockFi is yet to know whether its trustees will manage to recover over $10 billion in outstanding liabilities.

Insolvency rumors concerning centralized exchanges like Binance, KuCoin, and Nexo persist following BlockFi's Chapter 11 bankruptcy filing on Nov. 28.

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

Ripple CTO David Schwartz said BlockFi might have gotten a loan from FTX to pay off the SEC's settlement.