https://www.theblock.co/post/184486/binances-cz-shares-two-big-lessons-after-ftx-collapse
Binance CEO Changpeng “CZ” Zhao shared what he said were two big lessons after confirming earlier in the day that FTX had agreed to sell its non-U.S. assets to the rival exchange amid a liquidity crunch.
"Never use a token you created as collateral," he wrote on Twitter. "Don’t borrow if you run a crypto business. Don't use capital 'efficiently.' Have a large reserve."
He said that Binance had never used its BNB token for collateral and has never taken on debt. The news earlier in the day triggered a broad selloff in crypto markets, as traders worried about broader contagion.
"Stay #SAFU," he said, referring to a term used by crypto enthusiasts to denote that "funds are safe."
Singapore’s MAS is pushing forward with an ambitious asset tokenization plan, creating frameworks and commercial networks to integrate blockchain into traditional finance. With a test network for digital Singapore dollar transactions and global partnerships, Singapore aims to lead the tokenization market by 2030.
AnaisTaiwan is introducing new crypto regulations set to take effect in January 2025, focusing on compliance registration, stricter asset listing rules, and enhanced scrutiny for virtual asset service providers. The regulations aim to protect consumer interests by improving asset custody practices and establishing clear guidelines while emphasizing accountability and transparency in the crypto sector.
Weatherly新加坡主权基金淡马锡控股（Temasek Holdings）支持的区块链创投公司Superscrypt正筹备第二支创投基金，计划融资逾1亿美元，淡马锡将成为该基金的主要投资者和合作伙伴。
WeiliangMetaWin suffered a significant breach, losing around $4 million from its hot wallets due to a loophole in its frictionless withdrawal system. The attack has raised concerns in the crypto community about security vulnerabilities, prompting immediate action from the company to halt all withdrawals and reassure users that most withdrawal capabilities have since been restored.
Weatherly罗伯特·清崎警告称，随着俄克拉荷马州一银行的倒闭，债券和商业房地产市场也可能随之崩溃，投资者需保持警惕。
AlexTelegram game Tomarket has lifted some airdrop bans on players previously accused of cheating, but key details remain unclear, such as the number of reinstated players, token listing date, and total supply. Could more adjustments be on the horizon?
Catherine中国央行副行长陆磊罕见提到比特币创始人中本聪，称其值得“高度尊敬”。他指出，比特币已演变为昂贵的数字资产，逐渐脱离传统货币的流通属性。
MiyukiThe lawyer claims winners were chosen for their stories, not randomly, making this an unregistered lottery. It's unclear if Musk or America Pac members might face jail if charges proceed.
KikyoOpenSea is planning a major relaunch in December 2024 to reclaim its position in the NFT market after facing stiff competition from rivals like Blur.
AnaisGemini has launched an ad campaign emphasizing crypto's significance in the US election, with both Donald Trump and Kamala Harris discussing digital asset policies. This initiative reflects the increasing importance of crypto in political discourse and its potential electoral impact.
Catherine
