CryptoBlog n.921
???? FTX-backed DEX Serum calls itself 'defunct,' promotes community fork Serum, a decentralized crypto exchange backed by FTX, notified its 215,000 Twitter followers the project is “defunct” after the crypto exchange giant's sudden collapse — while pointing users towards a community-led fork of the project. The Serum program on mainnet became defunct" following FTX's implosion, Serum tweeted. "As upgrade authority is held by FTX, security is in jeopardy, leading to protocols like Jupiter and Radium moving away,” it added, referring to two DeFi projects on the Solana blockchain. It pointed that it was now replaced by a community fork called OpenBook.
CryptoBlog n.920
BlockFi, who previously was rescued by FTX, filed for bankruptcy. The company has $256.9m on hand, which will be used to retain employees "for business-critical functions." The company cites FTX US as the 2nd largest creditor with unsecured claims of $275m. Also, BlockFi owes $30m to the US SEC. The company has over 100k creditors, assets between $1b and $10b, and liabilities in the same range.
CryptoBlog n.919
Elon Musk just tweeted that Apple has threatened to withhold Twitter from its App Store with no explanation. Elon Musk tweeted in another tweet by saying, "does Apple hate free speech in America?"
CryptoBlog n.918
As initially set to drop on November 27, Ethernity website has announced that the drop will now take place on December 2. The Lionel Messi‘s, "Time Machine Collection," will celebrate his historic career with a next-gen NFT experience.