Raydium, a decentralized exchange operating on Solana protocol is under trouble. It appears that an account on Solana is draining multiple liquidity pools on that very DEX. 

Binance cryptocurrency exchange announced on their website that they will be delisting MITH. While the Mithiril developers are not complaining about that, they are asking the crypto exchange to return their deposit which was whopping 200,000 BNB. This BNB, according to the MITH developers would help Mithril to operate in coming future. 

Starting December 15^th 2022, non KYC users will be able to withdraw mere $20000 unless they opt for KYC (know your customer). Previously, this was 2 BTC, which is about $34000 right now. Most of the centralized cryptocurrency exchanges have enforced compulsory KYC on their platforms and Bybit was one of few to allow users to withdraw without doing any sort of KYC.

Popular derivatives cryptocurrency exchange, Bybit has announced it will, unfortunately, have to lay off 30-percent of its active workforce. This is second layoff being done by Bybit with one layoff already done back in June 2022.

Myriad community members have reported they not able to withdraw from Coinlist, which is largest crypto crowdfunding platform. Reason given by Coinlist? Their custody partner is undergoing maintenance from past one week.

Metamask has announced that it will soon start collecting users’ IP addresses. It is probably required for future KYC / AML compliance. Let us enjoy the ride towards regulations, I do not know if that is good or bad, but it is probably inevitable. addresses.

Mario Nawfal has exposed unethical behavior by FTX and its founder, Sam Bankman in taking down the Celsius project. He says that before the Celsius addresses got frozen, Mario saw myriad coordinated attacks.

Kyber Network has announced its partnership with Lido Finance that will bring best wstETH liquidity to the Ethereum mainnet. Kyber Swap has already shown stellar results with their wstETH and stMATIC campaigns on three other blockchains, Polygon, Arbirtrium and Opitmism.

Rumors are brewing that Binance may not be coming to rescue FTX cryptocurrency exchange and its users. Poor books are to be blamed. This could be the black swan event in cryptocurrency space.

FTX cryptocurrency exchange has asked Binance for help, two competitors in the space and to protect users, Binance has signed a non binding LOI where they promise to take over FTX and help them in this liquidity crisis. In the meantime, price of FTX’s own token, FTT has absolutely crashed to new lows.