The market is still fumbling in the aftermath of the FTX debacle. However, CZ’s recovery fund announcement boosted morale on the pricing charts. Let’s find out more.
Bitcoin
According to recent data, an estimated 190,000 BTC have been withdrawn from exchanges in the week following the news of FTX’s liquidity crisis.
Ethereum
Regulators are scrutinizing the crypto space with even more of a keen eye after the FTX bankruptcy, and experts are claiming that Ethereum’s switch to proof-of-stake had “put a huge target” on Ethereum’s back.
DeFi
Liquidity hub Serum had to be forked as it was compromised when a hack targeted the crypto exchange FTX.
Altcoins
Binance CEO Changpeng Zhao said in an AMA that most people should not invest in the crypto market now but should continue to hold.
Technology
Changpeng Zhao has revealed that his crypto exchange Binance will act as the ‘guinea pig’ for Vitalik Buterin’s Proof-of-Reserves protocol.
Business
In a sign that the FTX coll
We współpracy z: https://cryptodaily.co.uk/2022/11/crypto-weekly-roundup-silvergate-stumbles-cz-s-fund-and-more
