WuBlockchain Weekly:FTX Collapse 、CEX PoR、CPI and Top10 News
Top10 News 1、FTX filed for Chapter 11, SBF resigned link FTX Group Companies Commence Voluntary Chapter 11 Proceedings in the United StatesBegin Orderly Process to Review and Monetize Assets for Benefit of Global StakeholdersJohn J. Ray III Appointed Chief Executive Officer; Sam Bankman-Fried Resigns 2、FTX Has Been Hacked,Sees Mysterious Outflows Exceeding $600M link 3、Jason Choi provides a pessimistic forecast of the fallout from the FTX event link Jason Choi, a former partner at Spartan Capital believes that users of FTX international will only get about 1% of their assets in 5-10 years because no one but Alameda will buy FTX junk assets; institutional investors will lose confidence in cryptocurrencies in the next few years and regulators will use the "FTX crash = bad cryptocurrency" argument to force tough legislation on crypto. Most projects launched/funded after 2021 will not be able to refinance, along with a massive brain drain. 4、Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis link Binance CEO Changpeng "CZ" Zhao says that his exchange is setting up an industry recovery fund to help rebuild the industry.Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative. Huobi Global also confirmed this in a tweet. 5、Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse link This week Genesis suspended withdrawals and new loan originations, and the official explanation of why is that the default of 3AC had a negative impact and FTX caused unprecedented market turmoil, resulting in unusual withdrawal requests that exceeded our current liquidity. 6、BlockFi Prepares for Potential Bankruptcy as Crypto Contagion Spreads link Crypto lender BlockFi is planning to lay off some employees and file for Chapter 11 bankruptcy protection. This follows an announcement by BlockFi that it has significant exposure to FTX and related companies, including debts owed to it by Alameda, assets held at FTX com, and undrawn amounts on its line of credit with FTX US, and will therefore continue to suspend its platform activities. 7、Most exchanges have announced reserve cold wallets, and only three mainstream exchanges have not yet done so: Gate\MEXC\Bitget link 8、Bitcoke & AAX crashed link This week, BitCoke said it was suspending withdrawals due to the cooperation of the financial officer with the investigation, but later said it understood that the financial officer was under further investigation by the police and the situation involving the case might improve. In addition, the AAX exchange suddenly announced the suspension of all operations, including trading and coin withdrawals, stating that "the current system upgrade requires our third-party partners to proofread and restore asset data for all users. Due to the current market conditions, the integration is taking longer than usual and is currently in queue for completion within 7-10 days". 9、U.S. October unadjusted CPI 7.7%, annualized Core CPI 6.3 % annualized According to Jin10, the U.S. unadjusted CPI for October was 7.7%, compared with 8% expected and 8.2% previously. U.S. October unquartered core CPI annual rate of 6.3 %, expected 6.5 %, the previous value of 6.6 %. After 7 months, it fell below 8% again, the smallest increase since January 2022. 10、Vitalik released the latest roadmap for Ethereum link Last week, Vitalik released the latest roadmap for Ethereum, adding The Scourge, a key route focused on addressing transaction review and MEV risk, to the previous five key routes. It is worth noting that these six key routes are being advanced simultaneously. Fundraising
Learn more, check out crypto-fundraising.info. Insights
FTX Event Review
Follow us Twitter: https://twitter.com/WuBlockchain Telegram: https://t.me/wublockchainenglish |
Older messages
The World Cup is approaching: Will football-themed Tokens become hot?
Thursday, November 17, 2022
Author: Maverick Editior: Colin Wu (We have no partnership or sponsorship with the projects mentioned in this article and do not provide financial advice) The merge of Ethereum POS, one of the two hot
Lawyer: Taiwan FTX Victims' Status, Causes and Subsequent Events
Thursday, November 17, 2022
Interviewee: Enlighten Law Group Interviewer: Colin Wu Up to now, among the clients we have accepted, there are about 950 people in Taiwan, and there are about four people who have lost more than $5
A look at the future innovation direction of fan tokens under the World Cup Upsurge
Wednesday, November 16, 2022
Author: @0xMavWisdom The sports industry has long been a hot demand market, and the large base of native fans and huge development prospects have made the Crypto pay attention to and build the sports
In summary: What is the real reason for the collapse of the FTX empire?
Tuesday, November 15, 2022
Written By: Colin Wu Before the FTX empire collapsed, 99.9 per cent of us thought: maybe he had a lot of connected parties, maybe he was expanding too fast, but a collapse was "not so likely"
Global Crypto Mining News (Nov 7to Nov 13)
Monday, November 14, 2022
1. Bitcoin miner Iris Energy has received a notice of default on $103 million of outstanding debt, with the lender claiming it is behind on payments scheduled for October 25 and demanding that Iris
You Might Also Like
Central African Republic’s CAR memecoin raises scrutiny
Friday, February 14, 2025
Allegations of deepfake videos and opaque token distribution cast doubts on CAR's ambitious memecoin project. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
January CEX Data Report: Significant Declines in Trading Volume Across Major CEXs, Spot Down 25%, Derivatives Down…
Friday, February 14, 2025
According to data collected by the WuBlockchain team, spot trading volume on major central exchanges in January 2025 decreased by 25% compared to December 2024. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Previewing Coinbase Q4 2024 Earnings
Friday, February 14, 2025
Estimating Coinbase's Transaction and Subscriptions & Services Revenue in Q4 2024 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing
Friday, February 14, 2025
Grayscale's Cardano ETF filing could reshape ADA's market position amid regulatory uncertainty ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
AI project trading tips: investment targets and position management
Friday, February 14, 2025
This interview delves into the investment trends, market landscape, and future opportunities within AI Agent projects. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Polymarket recorded a new high of 462.6k active users in Jan despite volume dip; Holesky a…
Friday, February 14, 2025
Polymarket recorded a new high of 462600 active users in January despite volume dip; Holesky and Sepolia testnets are scheduled to fork in Feb and Mar for Ethereum's Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Polymarket recorded a new high of 462.6k active users in Jan despite volume dip; Holesky a…
Friday, February 14, 2025
Polymarket recorded a new high of 462600 active users in January despite volume dip; Holesky and Sepolia testnets are scheduled to fork in Feb and Mar for Ethereum's Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Donald Trump taps crypto advocate a16z’s Brian Quintenz for CFTC leadership
Friday, February 14, 2025
Industry leaders back Brian Quintenz's nomination, highlighting his past efforts at the CFTC and potential to revamp crypto oversight. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
⚡10 Tips to Make a Living Selling Info Products
Friday, February 14, 2025
PLUS: the best links, events, and jokes of the week → ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Interview with CryptoD: How He Made $17 Million Profit on TRUMP Coin
Friday, February 14, 2025
Author | WUblockchain, Foresight News ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏