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Aave Pauses Lending Markets For 17 Ethereum-based Tokens

Aave has temporarily frozen lending markets for 17 Ethereum-based tokens. According to the approved proposal, these are low-liquidity asset pools, and their freezing will reduce the risk profile for highly volatile assets.‍

Alameda Research Withdrew $204M From FTX US Before Filing For Bankruptcy

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

Vitalik Buterin Shares Lessons the Crypto Industry can take from FTX’s Collapse.

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

FTX Hacker Converts Over 30K Ethereum Tokens Into Bitcoin

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

Bitcoin Sees Record Increase In Number Of Holders Who Use Self-Custody Wallets

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.

Binance Publicly Shares Major Asset Holdings To Improve Transparency

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.

Binance’s Acquisition Of FTX Causes Crypto Prices To Plummet

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

China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

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.

J.P. Morgan Executes First DeFi Live Trade On Public Blockchain

J.P Morgan has successfully taken its first DeFi trade on the public blockchain. It employed tokenized deposits and verifiable credentials to ensure the success of the trade.

Wealthsimple Launches Staking Services For Ethereum And Solana

Wealthsimple added support for staking Ethereum and Solana assets.

Ethereum’s Rally Causes Lido DAO To Rise By 12%

Ethereum’s recent rally caused the price of the LDO token to surge by 12%.

58% Of Hong Kong And Singapore Elites Own Crypto Assets

A study published by KPMG China and Aspen Digital revealed that a majority of Singapore and Hong Kong elites are increasingly investing in digital assets. 

SEC Chairman Warns About Centralization In The Crypto Market

In his recent speech, Gary Gensler, the SEC Chairman, revealed his opinions on the increasing centralization in the crypto ecosystem.

Israel To Test Blockchain-Based Digital State Bonds

Israel’s Ministry of Finance and Tel Aviv Stock Exchange (TASE) plan to perform live testing of tokenized government bonds.

Ethereum’s Post-Merge Censorship Issue May Hit New Highs

The introduction of MEV-Boost relays following the Merge has led to a significant increase in Ethereum ecosystem censorship. The recently reported 51% censored blocks mark a significant step towards full censorship.

Morgan Stanley Reports Crypto Ecosystem Is Steering Away From Decentralization

According to Morgan Stanley's report, the crypto ecosystem is drifting away from decentralization, with Ethereum's transition from a PoW to a PoS model causing the token to become more centralized.

Google Teams Up With Coinbase To Enable Cloud Service Payments Using Crypto

During Google's Cloud Next conference, the tech giant announced its partnership with Coinbase to allow certain clients to pay for cloud services using crypto.

Miners Face More Trouble as Bitcoin Mining Difficulty Hits New Highs

Bitcoin mining difficulty has reached a new high, increasing by 13.55% over the previous figure. Part of the rising difficulty is attributed to Ethereum's "Merge" upgrade, which freed up more space for Bitcoin miners.

Staking Rewards to Host World’s First Staking Summit In November

Leading Data Aggregator Staking Rewards is set to host the world’s first Staking Summit this November. The event will have industry experts in attendance and cover topics centered around Staking and Proof of Stake.

Cake DeFi Adds Support For Ethereum Staking

Cake DeFi launched an Ethereum staking product that provides returns of 5% APY. The yields from this service will be automatically compounded to users’ wallets every 12 hours.

Celsius’s Top 3 Executives Withdrew $56M Before Company’s Bankruptcy

A new court record reveals that the top three executives of the now defunct crypto lending platform, Celsius, withdrew about $56.2 million before the company halted withdrawals and filed for bankruptcy.

DeFi Lender Euler Finance Set to Start Accepting USDT as Collateral

Euler Finance will now be accepting USDT as collateral for loans. The proposal, supported by 88% of the voters, has made Euler the largest Ethereum-driven lending protocol that allows users to take loans with USDT.

Lido Staked Ether (stETH) Regains ETH Peg

Lido Staked Ether (stETH), which previously lost its peg to Ethereum (ETH), has recovered. This follows the DAO’s decision to raise stETH's APR after Ethereum's Merge.

Deutsche Telekom To Support Ethereum Staking By Running Validator Nodes

T-Mobile’s parent company Deutsche Telekom will operate validator nodes to allow its clients to participate in Ethereum staking 

Vitalik Buterin Outlines Ethereum’s Priorities After Merge

Ethereum founder has shared what he thinks the next two big priorities for the network should be. He also hopes developers don’t have to rush through protocol changes again and the community becomes more pragmatic.

U.S. Regulators Sue Nexo For Failing To Register Yield Product

Regulators from eight states, including California, filed a lawsuit against Nexo for not registering its “Earn Interest Product,” citing that Nexo’s offerings need to be treated as securities. 

Vanity Address Loses Almost $1M To Crypto Theft

A vanity address generated with Profanity has lost approximately $950,000 worth of cryptocurrencies in a recent attack. The attacker transferred the stolen ETH into the sanctioned mixer, Tornado Cash.

Crypto Sleuths Reveal MEVbots Uses Backdoor To Drain Users’ Ethereum Assets

An investigation into MEVbots’ arbitrage trading bot uncovered the existence of a backdoor that allows random addresses to siphon Ethereum funds.

Ethereum Coin Mixer Tornado Cash Is Finally Unbanned On GitHub

Tornado Cash is finally back up on GitHub after its ban by OFAC. While GitHub is yet to make an official statement, many Ethereum developers have lauded this move.

GMX Allegedly Hit By A Price Manipulation Exploit

Decentralized exchange GMX reportedly suffered from a price manipulation exploit targeting the AVAX/USD pair, with the platform's estimated losses exceeding $500K.

Nic Carter Comments on White House Crypto Mining Climate Implication Report

The White House OSTP released a report addressing crypto mining’s impact on the climate. However, it did not sit well with Nic Carter, who stated they did not address all the necessary issues and cited unworthy sources.

Santiment Reveals 46.15% Of Ethereum’s PoS Nodes Are Controlled By Two Addresses

Data from Santiment disclosed only two addresses contributed to over 45% of Ethereum’s PoS nodes, giving rise to concerns of centralization.

Binance US Launches High-Yield Ethereum Staking Ahead Of Ethereum Merge

With the anticipated happening of the Merge event, Binance US has launched a high-yield staking product for users. But there is a caveat stating that rewards may change depending on factors like transaction fees.

Upgrade Bug Renders Compound Finance’s cETH Market Unusable

The Compound platform upgrade appears to have temporarily hit a stumbling block, halting the cETH market. This isn't a new occurrence on the platform, but would they fix this bug faster?

New YouHodler’s “Dual Assets” - For Easy and Simple Staking

YouHodler recently launched Dual Assets, a DeFi product that combines high-yielding DeFi techniques with the simplistic nature of TradFi platforms. Dual Assets promises better risk management and higher returns.

Compound Launches New Version 3 Protocol Upgrade

The DeFi platform released a streamlined protocol version that enhances security, capital efficiency, and user experience. This upgrade eliminates complexity while ensuring that Compound remains an effective tool for DeFi borrowers.

BendDAO Suffers Financial Crisis As Ethereum Reserves Run Out

Data shows that the Ethereum wallet of BendDAO contained only 0.75 WETH today, indicating that they could become insolvent.

Blockchain Investigator Claims Ronin Bridge Hackers Moved $625M To Bitcoin Network

The perpetrators behind one of the largest crypto hacks allegedly used Tornado Cash as one of the several means to conceal the transactions and transfer the $625M worth of USDC and Ethereum tokens to the Bitcoin network.

Bitcoin Declines By 15% As Crypto Market Nears Worst Weekly Close Since June

The crypto market seems to be taking another hit as Bitcoin and altcoins have had a bad week.

Miners To Make A Choice As Ethereum Merge Approaches

Experts weigh in on the impact of the upcoming Ethereum Merge on mining pools and miners.

Gemini Adds Support For Polygon Staking

Gemini begins providing staking rewards for Polygon and announces support for ETH staking just as the Ethereum community prepares for the blockchain's transition from a Proof-of-Work to a Proof-of-Stake protocol.

Binance To Support Ethereum Merge And May List Fork Tokens

The notable Ethereum “Merge” event could lead to many forks and Binance is open to listing them on the exchange.