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GK8 was put on the block following Celsius’s bankruptcy.

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A delay in updating price data on BNB-related derivative tokens allowed some exploiters to piggyback off a previous attack.

The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 2, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The collapse was described as the “fastest big corporate failure in American history,” in a court filing.

FTX has approved its Japanese subsidiary’s plan to restart withdrawals for customers.

Trader Joe locks up over $95 million worth of tokens as of Friday and is among the most popular Avalanche-based products.

Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company’s website.

Dogecoin has trounced bitcoin with a 40% surge in the past 10 days. In the past, outsized gains in DOGE have paved the way for a broader market sell-off.

The attacker was able to mint 6 quadrillion aBNBc tokens, which they eventually turned into around 5 million USDC

ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors continued interest in crypto and may offer hope for the industry’s rebound.

Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

CFTC Commissioner Kristin Johnson is pushing for her agency to work on policies to further tighten custody of customer assets as the CFTC sanctions another crypto Ponzi scheme.

The widget allows customers to more easily use crypto to engage with businesses and content creators across the world.

Friday’s employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to Federal Reserve Chair Jerome Powell.

Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said that while new legislation allowing his agency greater spot market oversight over crypto should move swiftly, lawmakers should also ensure there are no “gaps.”

The top marketplace for Solana NFTs moved to an optional creator royalty model last month.

In a bid to alleviate worries for retail investors, Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s proof-of-reserve system following the collapse of FTX.

The exchange made the announcement in a Thursday Twitter thread, saying Apple is demanding Coinbase pay a 30% tax on gas fees used to transfer all NFTs.

Deputy Treasury Secretary Wally Adeyemo said such regulations were important to ensure the protection of investors, consumers and financial stability.

The lawmaker begs the industry to leave the “bad boats” to burn out at sea and ditch the word “crypto” following FTX collapse.

Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting.

Orca, a Solana-based decentralized exchange (DEX), has integrated with payments heavyweight Stripe to to power its fiat-to-crypto transactions.

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The New York Department of Financial Services (NYDFS) published a proposed regulation on Thursday that lays out how the state regulator would assess New York-regulated crypto companies for costs associated with their supervision.

The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma.

A deal to buy Digivault, which is winding down operations, would include a crypto license in the United Kingdom.

Those undaunted by the contagion could potentially take advantage of steep discounts.

The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The country first set out its vision of becoming a global crypto hub in April.