FTX’s FTT drops 19%+ to ~$18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+ (Sam Reynolds/CoinDesk)

November 8, 2022

Sam Reynolds / CoinDesk:
FTX’s FTT drops 19%+ to ~$18 as investors fear possible contagion from the collapse of FTX-linked Alameda; Nansen shows FTX outflows reached $450M+ — FTT has declined nearly 20% over the course of an hour, with Solana’s SOL down 17% and Serum’s SRM off 10%.

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An in-depth look at FTX and Alameda shows UST’s collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July (Nansen)

Nansen:
An in-depth look at FTX and Alameda shows UST’s collapse in May increased their reliance on FTT, leading to $4B outflows from Alameda to FTX in June and July — mins — Nansen’s research team dives into the collapse of Alameda and FTX using blockchain analytics — Key Takeaways

November 18, 2022

Solana cofounders Anatoly Yakovenko and Raj Gokal scramble to move past FTX’s stain on their token, down 96% from November 2021; FTX and Alameda bought 58M+ SOL (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg:
Solana cofounders Anatoly Yakovenko and Raj Gokal scramble to move past FTX’s stain on their token, down 96% from November 2021; FTX and Alameda bought 58M+ SOL — Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing immense scrutiny as industry watchers wonder whether …

December 29, 2022

Google Cloud says it is running a Solana validator and is indexing Solana data for BigQuery, will add Solana support to Blockchain Node Engine in 2023, and more (Stephen Graves/Decrypt)

Stephen Graves / Decrypt:
Google Cloud says it is running a Solana validator and is indexing Solana data for BigQuery, will add Solana support to Blockchain Node Engine in 2023, and more — Solana ( SOL) rose 12% on the news, changing hands at around $36.80 at time of publication.

November 6, 2022

Decentralized crypto exchange Serum, backed heavily by FTX, says it is “defunct” and points users to a community-led fork (Vishal Chawla/The Block)

Vishal Chawla / The Block:
Decentralized crypto exchange Serum, backed heavily by FTX, says it is “defunct” and points users to a community-led fork — – Solana-based exchange protocol Serum stated on Twitter it was now “defunct.” — It pointed that it was now replaced by a community fork called OpenBook.

November 29, 2022

Amazon increases its average starting pay for front-line US staff to $19+/hour, up from $18/hour; warehouse and delivery workers will earn $16/hour to $26/hour (Annie Palmer/CNBC)

Annie Palmer / CNBC:
Amazon increases its average starting pay for front-line US staff to $19+/hour, up from $18/hour; warehouse and delivery workers will earn $16/hour to $26/hour — – Amazon is bumping its average starting pay for warehouse and delivery workers to more than $19 an hour, up from $18 an hour, the company said Wednesday.

September 29, 2022

Mango Markets, a Solana DeFi platform, says a hacker stole ~$100M by manipulating its coin’s price; the hacker then passed a malicious DAO governance proposal (Taylor Locke/Fortune)

Taylor Locke / Fortune:
Mango Markets, a Solana DeFi platform, says a hacker stole ~$100M by manipulating its coin’s price; the hacker then passed a malicious DAO governance proposal — Mango Markets, a decentralized trading platform on the Solana blockchain, looks to be the latest victim of a massive hack within the crypto realm.

October 12, 2022

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