FTX-owned cryptocurrency exchange Liquid Global has announced the suspension of all fiat and crypto withdrawals. https://decrypt.co/114666/liquid-global-halts-withdrawals-ftx-contagion-continues https://twitter.com/liquid_global/status/1592458596750856192
Binance Labs made a $4 million strategic investment in Ultimate Champions, a free-to-play fantasy sports platform that will be deployed on the BNB Chain. https://www.binance.com/en/blog/ecosystem/binance-labs-invests-$4-million-in-ultimate-champions-to-support-innovation-in-web3-
Genesis sent letters to clients stating that it had obtained an additional equity infusion of $140M from parent company, Digital Currency Group. Genesis, with $175 million locked in FTX, is also the largest creditor to Three Arrows Capital Babel Finance.
DFX Finance, a decentralized exchange protocol for fiat-pegged stablecoins, was attacked. An unknown attacker siphoned approximately $7.5 million from DFX. https://www.theblock.co/post/185796/polychain-dfx-finance-hacked