Top Exchanges Halted Solana-Only USDC, USDT Trading [ Crypto Espresso 11.18.22 ]

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• Exchanges Turn to Proof-of-Reserves Audits to Restore Trust

Centralized crypto exchanges are scrambling to improve industry transparency.

https://coinmarketcap.com/alexandria/article/exchanges-turn-to-proof-of-reserves-audits-to-restore-trust

• Terra/LUNA Stablecoin Collapse Also Killed FTX: Report

Blockchain evidence shows that FTX’s FTT token combined with trading losses both hid and worsened the financial condition of Sam Bankman-Fried’s empire.

https://coinmarketcap.com/alexandria/article/terra-luna-stablecoin-collapse-also-killed-ftx-report

• Bahamas Regulators Seize FTX Funds as Jurisdictional Battle Looms

Bahamas regulators seek to take partial if not total control of the proceedings from U.S. courts, outraging FTX’s newly appointed restructuring management team.

https://coinmarketcap.com/alexandria/article/bahamas-regulators-seize-ftx-funds-as-jurisdictional-battle-looms

• Is Crypto Really Fleeing Centralized Exchanges? Chainalysis Begs to Differ

Looking at Bitcoin flows, the blockchain intelligence firm sees the biggest change as moving funds from one centralized exchange to another.

https://coinmarketcap.com/alexandria/article/is-crypto-really-fleeing-centralized-exchanges-chainalysis-begs-to-differ

• No Explanation Hours After Top Exchanges Halt Solana-Only USDC, USDT Trading

The only change is that Binance restarted Solana USDT — without explanation.

https://coinmarketcap.com/alexandria/article/no-explanation-hours-after-top-exchanges-halt-solana-only-usdc-usdt-trading

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