Trading
NFTs
Winamp desktop player to support NFT audios
With the new version, users will be able to link their metamask wallet to Winamp by using Chrome, Firefox, or Brave browsers.
Exchanges
Third party auditor confirms Binance Bitcoin reserve is over collateralized
The financial auditor Mazars focused on Binance users’ Bitcoin holdings across several blockchains
Analysis
Chainlink down 6% as holders stake $76M in 24 hours
CryptoSlate data shows that LINK fell by 5.93% over the last 24 hours to $6.83753.
Mining
Ethereum merge might have resulted in 40% loss for Hive Blockchain revenue
The firm has started mining Ethereum Classic and repurposed its Ethereum mining facilities for Bitcoin mining.
Analysis
FatManTerra alleges Terraform Labs dumped $450M UST over 3 weeks before its collapse
FatmanTerra tweeted that TFL's narrative that UST was attacked is false because the developers weakened the decentralized stablecoin curve pool.
Staking
Over $20M staked as ApeCoin staking goes live
North American ApeCoin holders have been geoblocked from staking their tokens because of regulatory concerns.
Banking
Silvergate addresses FTX’s exposure, reassure stakeholders
Silvergate CEO wrote that the financial institution conducted significant due diligence on FTX and Alameda Research before onboarding them as clients.
Regulation
U.S. House Committee says SBF has sufficient knowledge to testify
Waters said SBF's several media interviews and his previous role as the bankrupt exchange CEO had shown the committee that he has enough information to testify before it.
Stablecoins
Stablecoin usage remain high despite crypto winter
Clemente said stablecoins use cases offer capital efficiency in crypto and givies access to USD to those without banking.
Lending
Nexo bows out of US on regulatory uncertainty
Nexo stated that its "18 months of good-faith dialogue with U.S. state and federal regulators" had not yielded desired results.
Tokenization
15% of 1inch token supply worth over $100 million to be unlocked on Dec. 30
Some members of the community have expressed fears that the upcoming unlock could lead to the dumping of the DEX token.
Legal
Sam Bankman-Fried may not testify before US Congress on Dec. 13
In his several media interviews, SBF has maintained that he knew nothing about what caused FTX collapse, attributing it to mistakes detected late.
