1/ With #ETH and #BTC retracing following a 20% decline in light of the @FTX_Official news, let's attempt to find some hopium from the last two weeks. 🧵
2/ @solana, a project @FTX_Official and #Alameda research were key and early supporters of, was caught in the crossfire of the FTX situation.
Solana seems to have shaken off the FTX spectre for now, returning to a market cap of $6.5B.
3/Pro-crypto candidates from both sides of the aisle won their races.
A bevy of freshman lawmakers will enter the government at a time when having pro-crypto advocates on the Hill is more important than ever.
4/ After the FTX debacle, @binance took an important step for the industry by beginning the process to make its reserves transparent.
Proof-of-Reserves audits allow anyone to verify digital holdings.
5/ For more news, insights, and analysis from the past two weeks in crypto, check out the full Bi-Weekly Recap: October 28th-November 11th from @dunleavy89.
With the plethora of lending protocols available today, tracking liquidation data can be difficult, but with Messari’s Protocol Metrics getting liquidation data across the DeFi space is as easy as getting liquidated!