November 2022

Binance removes trading pairs for Serum’s SRM token

TL:DR •Binance has removed various trading pairs for Serum’s SRM token, including those against the Binance exchange token (BNB), Bitcoin (BTC), and Tether’s stablecoin (USDT). • This decision comes as...
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Binance Launches New Proof of Reserve System

TL:DR •Binance launches its Proof of Reserve system today, with Bitcoin at launch. • The system is designed to show evidence that Binance has the funds to cover all user...
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US States investigating cryptocurrency firm Genesis Global Capital for potential securities violations

TL:DR •Several US states are investigating crypto firm Genesis Global Capital for potential securities violations, following the collapse of FTX. • The investigation is part of a broader probe into...
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The Oxford English Word Of 2022 Could be “Metaverse”

•”Metaverse” is a contender for Oxford’s Word of the Year. • The metaverse is an online environment where people can work, socialize, and play. • Facebook changing its company name...
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FTX Founder’s Assets Seized by Turkish Authorities

•Sam Bankman-Fried, the founder of FTX, has had his assets seized by Turkish authorities amid an investigation into the collapse of the FTX cryptocurrency exchange. • The probe was launched...
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WEMIX token plunges 70% after it’s delisted by Korean exchanges.

• The decision to delist was made because the company provided “false information” in response to an investment warning. • Wemade is best known for its hit franchise The Legend...
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Could Blockchain Technology Help Us Live Longer Lives?

•The longevity industry is a new industry focused on the research and implementation of solutions and technologies to extend the lifespan of human beings. • Longevity is not yet considered...
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The Singapore police are investigating crypto lender Hodlnaut for “possible cheating and fraud.”

The probe is being conducted by the Commercial Affairs Department (CAD). If found guilty, the company could face charges of cheating and fraud. •The Singapore police have launched a probe...
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The Fall of FTX: A Miniseries in the Making

TL:DR •Amazon has ordered an 8-episode miniseries from the directors of Marvel’s “Avengers” franchise about the collapse of crypto exchange FTX. • The series will be written by David Weil...
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Binance Creates $1 Billion Fund To Help Distressed Companies In The Crypto Industry

TL:DR •Binance’s CEO, Changpeng Zhao, stated that the company would be raising a fund in order to buy distressed assets from other companies within the cryptocurrency industry. • The fund...
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