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.
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.
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 …
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.
Vishal Chawla / The Block:
Coinbase announces Node, a set of APIs to build on multiple blockchains, including support for NFTs; the free plan offers up to 120K daily Ethereum requests — – Coinbase Cloud has launched Node, a developer-focused revamp of its enterprise Query & Transact (QT) platform.
Matt Levine / Bloomberg:
Analysis of FTX’s calamitous balance sheet and Serum, a coin and protocol created by FTX, marked as the largest “deliverable” asset at ~$5.4B before November 8 — The box — There is so much, but I want to start with Serum. — If a troubled company has a few days …
Sarah Perez / TechCrunch:
Tumblr will add support for ActivityPub, the open and decentralized social networking protocol powering Mastodon, Instagram-like Pixelfed, PeerTube, and others — Tumblr will add support for ActivityPub, the open, decentralized social networking protocol that’s today powering social networking software …
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