DeFi Insight | Unpacking the endless FTX nightmare
November 14, 2022
Today’s DeFi data&news Brought to you by DeFi Insight
“ If you haven’t followed the events around FTX at all, I recapped a play-by-play in The Shocking Collapse of the FTX Empire this past Wednesday on how the chaos has transpired. But crypto moves at the speed of sound, and this week has been moving at Star-Wars-level lightspeed, so there have been plenty of updates since.” @Source
LATEST NEWS
| DEX/CEX/AMM
▪ Binance Forming an Industry Recovery Fund, Says CZ
▪ CZ: Binance Will Try to Disable All API Keys Used by Skyrex
▪ FTX’s Balance Sheet, Hack Paint Dim Picture for User Recovery
▪ FTX’s Freefall Into Bankruptcy Shows Why Case File Is Empty
▪ Crypto.com CEO: Exposure to FTX Below $10M
▪ Founder of Chiliz: 38 million CHZ have been allocated to FTX individual users for compensation
▪ FTX’s new CEO says its assets have been “unauthorized access” and is cooperating with law enforcement
▪ FTX collapse being scrutinized by Bahamas authorities
▪ Solana liquidity hub Serum to be forked after possible compromise in FTX hack
▪ Big investors are giving up on crypto markets going mainstream
▪ Paradigm marks down FTX investment to zero: Sources
| LAYER2
▪ zkSync Announces ETH Lisbon Hackathon Winning Projects
| STABLECOIN
▪ Data: USDT circulation dropped by about $3 billion in the past 4 days
| ENS
▪ The total number of ENS independent addresses exceeded 600,000
| NFT
▪ FTX’s Implosion Is Crushing The Solana NFT Ecosystem
Data & Analysis
▶ Total Value Locked (TVL)
The current total locked volume of DeFi on the entire network is US $42.33 billion, a 24-hour decrease of 3.69%.
| TOP 10 Chains by TVL
| Top 10 Projects by Latest TVL
| Top 10 Projects by the TVL Growth in the Last 24h
▶ Protocol Revenue
| Top projects by cumulative total revenue ( 24H) _Blockchains (L1)
| Top projects by cumulative total revenue ( 24H) _Dapps (L2)
DEEP DIVE
▪ The Aftermath of FTX’s Downfall
▪ Analysis of FTX’s Balance Sheet
▪ Analysis of Alameda and FTX Chapter 11 Bankruptcy Filing
▪ Mapping Out Alameda Research & FTX Ventures’ Portfolio
▪ Trust Crisis — How far will the Centralized Exchanges Transparency Go?
▪ The Casino and the Genie
REPORT
▪ Layer by Layer: Canto Sees Growth but Also Centralization _theblockresearch
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding.
- New blockchains in the Cosmos IBC ecosystem have been emerging throughout 2022, due in part to continued updates to the Cosmos SDK and IBC functionality.
- Among the fastest growing IBC chains is the DeFi-focused Canto chain, which has seen a significant capital influx in recent months.
- At the same time, Canto’s sudden growth has revealed some of the key challenges of bootstrapping a new ecosystem, with a largely centralized governing body that poses a long-term risk for the security of the network if left unaddressed.
▪ The Sandbox Special Report: Understanding LANDs Potential _dappradar
About:
DeFi Insight is a your source for top DeFi and Crypto news and updates.
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The information presented should be considered developing news and not investment advice.
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