23 Nov 202212:48
Project update
Crypto Events Recap, November 22-23

Crypto Events Recap, November 22-23

SolanaDeFi protocols TVL has declined significantly as a result of the FTX/Alameda debacle, falling from about $1.37B at the beginning of November to about $465M on Nov 15th for a loss of over $900M. (source)

Curve DAOReleased the official code and whitepaper of Curve Finance’s stablecoin called crvUSD. (source)

Magic Eden

Added support for non-fungible tokens on the Polygon network. (source)

ThirdverseRaised $15M in a round led by MZ Web3 Fund as well as 8DAO, B Dash Ventures, Fenbushi Capital, and others. (source)

HashFlare Founders were arrested in Estonia this week for alleged $575M wire fraud and money laundering. (source)

SynapseLaunched the first cross-chain bridge to a Cosmos-based chain Canto. (source)

Fenbushi CapitalBo Shen, founding partner at Fenbushi capital, private crypto wallet was hacked for $42 million. (source)

MonkeyLeagueUnveiled the World Cup Breeding Contest with a total of 25K in MBS prizes plus SFT MonkeyCup trophies. (source)

InsurAceLaunches a new crypto deposit insurance program titled ‘Crypto Deposit Insurance Scheme’. (source)