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Arkham Intelligence reported Alameda Research pulled out crypto assets worth $204M from FTX US before filing for Chapter 11 bankruptcy on November 11.

Alabama Securities Commission is investigating Genesis Global for violation of security laws. The regulator aims to ascertain if Genesis enticed residents to invest without proper registration.‍

Binance launches Proof-of-Reserves in a bid to show transparency. The crypto community reacts to this milestone

CoinList addresses rumors of insolvency and bankruptcy...Highlights reason for pause in withdrawals.

Coinbase recorded the third-highest volume of Bitcoin withdrawals as 100K BTC tokens were pulled out of the exchange in the last 48 hours.

Justin Sun, the founder of TRON (TRX), revealed there is a possibility of crypto exchanges Poloniex and Huobi merging in the future.

Matrixport targets $100M in funding to attain a $1.5B valuation after securing $50M from its undisclosed investors.

Binance has pledged $1B as an industry recovery fund for distressed crypto companies. The fund established by the exchange will help provide financial support and serve as an avenue for restoring confidence in Web3.

Bybit announced its plans to launch a $100M support fund to help institutional traders and market makers brave the current market conditions.

Binance ready another bid for Voyager's assets while clarifying its status as not a Chinese company.

Holdnaut is under investigation by the Singapore police force due to alleged misinformation and false representation.

FTX filed a motion with the bankruptcy court to allow asset custodian BitGo to safeguard its remaining assets.

Vitalik Buterin of Ethereum suggests the need for centralized crypto exchanges to adopt cryptographic proof of funds.

BlockFi makes further platform moves after stopping customer withdrawals.

Barry Silbert, the CEO of Digital Currency Group, said the firm owes $575M to Genesis Global Capital, with these intercompany loans due in May 2023.

James Bromley reported that a large portion of FTX’s assets remain unaccounted for. He claimed that FTX has begun adding measures to safeguard its clients’ assets under the leadership of John J. Ray III.

Binance is on the radar of the Singapore police for a possible breach of local payment services rules. The exchange has been accused of actively soliciting its Singapore users, regardless of not being licensed in the country.

The Supreme Court of Bahamas ordered FTX to pay reimbursement fees to the Securities Commission of the Bahamas for holding the firm’s digital assets since November 11.

Genesis denied rumors of “imminently” submitting bankruptcy filings after failing to raise funds over the last week.

Iris Energy has unplugged many mining machines due to a loan default. The lender has demanded that the payments be made in full immediately, and the hosting arrangements with the facilities have been terminated.‍

CryptoQuant's report revealed that Binance’s Bitcoin reserves have hit the 575K mark, thus making it the exchange with the largest BTC holdings.

Three investors filed a lawsuit in the London High Court against Nexo for blocking them from withdrawing their crypto assets.

Shoba Pillay, the external examiner in the Celsius bankruptcy case, reported that the lender's Custody program lacked proper “accounting and operational controls or technical infrastructure.”

The court has approved January 3 as the bar date for all Celsius customers to file their claims. Stretto will send out a notice to all customers through emails, physical mail and notifications on the Celsius app.

Liquid Global has paused its trading services five days after suspending fiat and crypto withdrawals. This action is in accordance with FTX’s Chapter 11 bankruptcy proceedings in the Delaware Courts.

The perpetrator behind the recent FTX hack swapped 30,990 Ethereum tokens (worth $36M) for Bitcoin via RenBridge.

A spokesperson for FTX revealed that the firm has fired Co-Founder Gary Wang, CTO Nishad Singh, and Alameda’s CEO Caroline Ellison.

Bitcoin lender, Unchained Capital, has laid off 15% of its employees and restructured its management. This action is due to the prolonged bear market and not any form of exposure to FTX.

The Chair of the Subcommittee on Economic and Consumer Policy has issued a letter to FTX’s former and current CEOs requesting more details on FTX’s collapse.

The Securities Commission of the Bahamas (SCB) revealed that the agency instructed FTX to transfer assets to government wallets on November 12.

John Ray III stated that FTX suffered from a complete failure of corporate controls under Sam Bankman-Fried's leadership.

Midas Investments has publicly showcased its Proof of Liquidity, revealing addresses for $91 million AUM out of its $145 million. The platform promised to continue its efforts to update users and promote transparency.

Nexo’s latest tweets revealed that the platform does not have any exposure to Genesis after the latter suspended its loan services.

The FBI is reportedly in talks with Bahamian authorities to extradite Sam Bankman-Fried to the US for interrogation on FTX's downfall.

Genesis becomes the latest firm affected by FTX’s collapse as its lending entity halts loan originations and redemptions due to liquidity issues.

Oxygen has revealed it has significant exposure to FTX, stating that the exchange was the custodian for about 95% of the tokens in its ecosystem. The DeFi lender is now looking for ways to protect its ecosystem.

Salt has halted withdrawals and deposits due to the impact of FTX’s collapse. The firm states it will not be continuing operations until it is sure about the extent of impact and the way forward.

The Bahamian Supreme Court has approved two insolvency experts from Pricewaterhouse Coopers (PwC) to act as joint provisional liquidators overseeing FTX assets. The Commission continues its investigation and is ready to help the police if needed.

A recent report published by Glassnode revealed that the number of Bitcoin (BTC) users who have stored their BTC assets in self-custody wallets has hit an all-time high.

Kris Marszalek reported that Crypto.com only has a $10M exposure to FTX as it was able to recover $990M worth of funds from the now-bankrupt crypto exchange.

Binance seeks to set up an Industry Recovery Fund to aid crypto projects that are under the threat of a liquidity crunch.

Kraken has frozen FTX and Alameda Research’s accounts due to the recent events surrounding FTX to protect users’ funds.

FTX’s collapse has prompted Voyager to reopen the bidding process for its buyout. The company is in active discussion with other interested companies and is making efforts to ensure maximum value is returned to its customers.

Matrixport’s Earn products were affected by the insolvency of FTX, resulting in losses to 79 clients.

The curtains have finally come down on the FTX liquidity crisis, with the exchange filing for bankruptcy in Delaware’s Federal Court and Sam Bankman-Fried stepping down as its CEO.

The Bahamas Securities Commission has frozen FTX Digital Markets’ assets following allegations against the crypto exchange. As a result, FDM directors cannot make any transaction without the Commission’s approval.

BlockFi's leadership page has been taken down a few hours after the crypto lender began suspending withdrawals.

BlockFi has announced that it will limit platform activity, including clients’ withdrawals. This follows the FTX liquidity crunch and a series of reassuring tweets by BlockFi.

Sam Bankman-Fried reportedly aims to raise $4.9B from investors and other crypto platforms to aid FTX in escaping its liquidity crisis.

Tether has frozen FTX’s USD Tether (USDT) balance following instructions from law enforcement authorities. 

Sam Bankman Fried, the CEO of FTX, issued an apology and shed light on the circumstances that led to FTX facing a liquidity crunch.

Binance has disclosed its major asset holdings to the public to improve transparency and foster trust in the industry. The company is making this move the cushion the effects of the FTX bank run.

Celsius filed motions requesting the Court to extend its exclusivity period for submitting a restructuring plan.

Kraken stated that it is not affected by the FTX insolvency crisis despite possessing roughly 9,000 FTX Tokens (FTT).

Binance has pulled out of its agreement to purchase FTX after going through the latter's finances.

Ledn reported that it has not experienced any issues in its operations despite having Alameda Research as one of its counterparties

Several prominent crypto exchanges, including OKX, Bybit, and KuCoin, have announced their plans to publish Proof-of-Reserves to provide full transparency to their customers.

Solana’s troubles intensify as about $1 billion worth of unstaked tokens is set to hit the market in less than 24 hours. There is a high selloff probability by validators, resulting in a major price decline.

Binance is reportedly considering terminating its acquisition deal with FTX less than a day after signing a non-binding LOI to “save” FTX from a liquidity crunch.

This article covers what led to the downfall of FTX, the lessons, and the potential winners and losers of this event.

Jeremy Allaire compared FTX's liquidity crunch to the Lehman Brothers crisis and reassured investors that Circle does not have any exposure to FTX or Alameda Research.

Nexo has boasted of its $0 exposure to FTX amid the exchange crisis. Its small loan to Alameda, fully collateralized by digital assets, was sold off a few days ago, making them immune to any losses.

The Binance-FTX acquisition deal sparked liquidity fears in the crypto community, causing huge selloffs and wild fluctuations in the prices of crypto assets.

Iris Energy is facing default claims from its lenders over a $103 million default loan of the Non-Recourse SPVs. The firm has disagreed with the alleged notice, stating that modifications need to be made for each term of the facility.

BlockFi has stated that all its products remain fully functional regardless of the Binance-FTX deal. The lending firm, which was supposed to be acquired by FTX, will now run as an independent entity until at least July 2023.

According to the latest set of tweets by the CEOs of Binance and FTX, the two exchanges have reached an agreement wherein Binance will “fully acquire” FTX.

Brian Armstrong voiced his concerns on the crypto onboarding process proposed by the Monetary Authority of Singapore (MAS).

Finoa added support for staking NEAR and wNEAR tokens in partnership with Meta Pool.

BlockFi plans to launch interest-bearing accounts for US-based accredited investors starting in late 2022.

Friktion has launched an institutional credit product to offer undercollateralized lending to crypto and traditional companies. With its new features, there will be risk-adjusted and transparent yields on the DeFi ecosystem.

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.