CoinMarketCap Announcements

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Welcome to our official updates, news, and content-only channel! To chat with the community, head to @CoinMarketCap (https://coinmarketcap.com/alexandria/article/coinmarketcap-official-social-channels)

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**Wombex Finance is Airdropping on** [**#CMC**](?q=%23CMC) **to celebrate New Year!** ***πŸ”₯***

Wombex Finance is Airdropping on #CMC to celebrate New Year! πŸ”₯

Wombex allows #DeFi users to boost their yields and governance power WombatExchange on #BSC.

Complete the tasks on #CMC and earn $WMX token!
πŸ‘‰ Details: https://coinmarketcap.com/currencies/wombex-finance/airdrop/?utm_source=Telegram&utm_campaign=Wombex_Airdrop_TG&utm_id=Wombex_Airdrop

**CMC Proof-of-Reserve Update** ***✨***

CMC Proof-of-Reserve Update ✨

Transparency is just one click away!
Your users will thank you for this later!! πŸ˜‰

Exchanges, you are now able to send us both your #ProofofReserves & Liability data.

Hit that Submit Button right away! πŸ”˜

#cryptonews, November 30:Editor's Note: Put the Microphone Down
Another day, another SBF interview πŸ‘€
'I didn't see illegal drug use' 🧐
Kraken slashes 30% of workforce 🚨

πŸ‘‰Details: https://coinmarketcap.com/alexandria/article/coinmarketcap-news-dec-1-should-sbf-put-the-microphone-down-and-walk-away

CoinMarketCap Alexandria

CoinMarketCap News, Dec 1: Should SBF Put the Microphone Down and Walk Away? | CoinMarketCap

He's continuing to tweet and give interviews in a cringeworthy, overly honest but yet still misleading way that leaves a bad taste in your mouth.

[**#cryptonews**](?q=%23cryptonews)**, November 30:**Editor's Note: Put the Microphone Down

πŸ”Ή#Serum’s Exposure to Threat
πŸ”ΉResponse From #Solana’s DeFi community
πŸ”ΉOpenBook Program Statistics
πŸ”ΉThe Future of #DeFi on Solana

All dissected in SolanaFM's research column on #CMC πŸ‘‡

Details: https://coinmarketcap.com/alexandria/article/openbook-the-solana-dex-birthed-from-ftx-s-downfall

CoinMarketCap Alexandria

OpenBook: The Solana DEX Birthed From FTX’s Downfall | CoinMarketCap

Analyzing Serum’s exposure to threats, the response from Solana’s DeFi community, OpenBook Program Statistics, and the future of DeFi on Solana.

***πŸ”Ή***[#Serum](?q=%23Serum)’s Exposure to Threat

✨Alexandria's Analysis ✨
Miami nightclubs suffer in bear market πŸ₯‚: A new report suggests that nightclubs in Miami have seen a marked decline in big spenders ever since the value of major cryptocurrencies plummeted, dragging NFTs down with them

πŸ‘‰Details: https://coinmarketcap.com/alexandria/article/miami-nightclubs-are-suffering-after-crypto-bubble-burst

πŸ‘₯ Follow News on "CMC Community"
πŸ’° Track Profits on "Portfolio"
πŸ“Š /p View Coin-Price within Telegram

CoinMarketCap Alexandria

Miami Nightclubs Are Suffering After Crypto Bubble Burst | CoinMarketCap

The FT spoke to one hotel group that said crypto entrepreneurs were willing to blow $500,000 on renting a club exclusively for an evening β€” spending "insane" amounts of money.

***✨*****Alexandria's Analysis** ***✨***

✨Alexandria's Analysis ✨
Kraken gets off lightly with sanctions fine πŸ’Έ: The penalty it's now paid? $362,000. That's just 0.133% of what it could have been β€” and shows that it's often worth confessing when mistakes are made.

πŸ‘‰Details: https://coinmarketcap.com/alexandria/article/kraken-settles-iran-sanctions-fine-with-99-8-discount

πŸ‘₯ Follow News on "CMC Community"
πŸ’° Track Profits on "Portfolio"
πŸ“Š /p View Coin-Price within Telegram

CoinMarketCap Alexandria

Kraken Settles Iran Sanctions Fine with 99.8% Discount | CoinMarketCap

The San Francisco-based cryptocurrency exchange managed to avoid a collision with the Treasury Department's sanctions office that took such a hard line against the Tornado Cash mixer.

***✨*****Alexandria's Analysis** ***✨***

#CMCCommunity Spotlight ✨.

Guest post by Venus Protocol:
The Venus Protocol v4 Proposal is out! πŸš€

πŸ‘‰ Details: https://coinmarketcap.com/community/articles/637d047c38e8b54c28f2b7da

Coinmarketcap

Guest Post by Venus Protocol: The Venus Protocol v4 Proposal is out! | CoinMarketCap

$XVS #DeFi #VenusProtocol #BNBChain

[**#CMCCommunity**](?q=%23CMCCommunity) **Spotlight** ***✨*****.**

✨Alexandria's Analysis ✨
China unrest sparks Bitcoin selloffs πŸ“‰: The world's biggest cryptocurrency was trading at $16,231.45 at the time of writing on Monday.

πŸ‘‰Details: https://coinmarketcap.com/alexandria/article/china-unrest-sparks-bitcoin-selloffs-with-some-analysts-setting-target-of-10-000

πŸ‘₯ Follow News on "CMC Community"
πŸ’° Track Profits on "Portfolio"
πŸ“Š /p View Coin-Price within Telegram

CoinMarketCap Alexandria

China Unrest Sparks Bitcoin Selloffs, with Some Analysts Setting Target of $10,000 | CoinMarketCap

It isn't just the crypto markets that have been reacting to these protests, with selloffs also seen on the stock market.

***✨*****Alexandria's Analysis** ***✨***

✨Alexandria's Analysis ✨
FTX faces criminal probe in Bahamas… 🚨: Ryan Pinder also defended how the country's regulators handled the exchange's implosion.

πŸ‘‰Details: https://coinmarketcap.com/alexandria/article/the-bahamas-attacks-ftx-s-new-ceo-and-says-it-is-not-to-blame-for-exchange-s-collapse

πŸ‘₯ Follow News on "CMC Community"
πŸ’° Track Profits on "Portfolio"
πŸ“Š /p View Coin-Price within Telegram

CoinMarketCap Alexandria

The Bahamas Attacks FTX's New CEO β€” and Says It Is Not to Blame for Exchange's Collapse | CoinMarketCap

Pinder vowed that any companies or individuals that have broken Bahamian law will be held accountable β€” and said the demise of FTX shows the need for "strong cross-border cooperation."

***✨*****Alexandria's Analysis** ***✨***

✨Alexandria's Analysis ✨
55% of Bitcoin addresses are in the red πŸ“‰: That leaves 44% in the black and just 1% at break even, at the price of $16,156 when IntoTheBlock took its most recent snapshot.

πŸ‘‰Details: https://coinmarketcap.com/alexandria/article/55-of-bitcoin-addresses-are-in-the-red

πŸ‘₯ Follow News on "CMC Community"
πŸ’° Track Profits on "Portfolio"
πŸ“Š /p View Coin-Price within Telegram

CoinMarketCap Alexandria

55% of Bitcoin Addresses Are in the Red | CoinMarketCap

What's more, a huge number of investors now face long bankruptcy limbo, with funds likely lost following the collapse of FTX.

***✨*****Alexandria's Analysis** ***✨***