Market
Analysis
Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May
Kwon said the audit proves that Terra's failure is different from recent crypto failures where operators misused customers' funds.
Crypto
CryptoSlate Daily wMarket Update – Nov. 15: Top 10 assets trade flat as market lull continues
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
DeFi
DeFi protocol Oxygen held 95% of supply on FTX
DeFi protocol Oxygen said it is shocked by the events at FTX and claimed to only have access to publicly available information about the bankrupt exchange.
Exchanges
UK Treasury Committee to probe Binance’s role in FTX collapse
UK lawmakers questioned why Binance revealed it was selling $500 million worth of FTT tokens and has asked the exchange to submit internal documents.
Bankruptcy
Bahamas supreme court appoints liquidators for FTX assets
FTX stated that it could potentially have more than one million creditors.
Crypto
CryptoSlate Daily wMarket Update – Nov. 14: XRP leads flat top 10 performance
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Bear Market
Solana Foundation reveals minimal exposure to FTX
FTX and Alameda had bought over 50 million SOL from the Solana Foundation between 2020 and 2021.
Analysis
Retail traders massively withdraw their BTC from exchanges
Glassnode data, as analyzed by CryptoSlate, showed that retailers are taking out their coins from exchanges at the most aggressive rate, with the withdrawals coming mostly from Crypto.com.
Exchanges
Singapore’s MAS says FTX does not operate in the country
The financial regulator argued that it did not have have cause to list FTX on its Investor Alert List.
Crypto
CryptoSlate Daily wMarket Update – Nov. 11-13: Crypto markets in a lull following FTX hack
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Bear Market
Binance to launch ‘recovery fund’ for strong projects with liquidity crisis
Tron founder Justin Sun and famed Celsius investor Simon Dixon said they intend to support the initiative.
Research
Research: FTX implosion leads to aggressive Bitcoin accumulation for investors
Data analyzed by CryptoSlate shows that all categories of Bitcoin investors aggressively accumulated throughout the week.