Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined

Cointelegraph

Published Nov 11, 2022 03:00PM ET

Updated Nov 12, 2022 06:00PM ET

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

The second week of November could have been a bullish week, as Consumer Price Index data released on Nov. 10 indicates lower-than-expected inflation. This resulted in a significant rally for traditional stocks, but the crypto ecosystem is currently fighting its own demon.

h3 Solana TVL drops 32.4% as FTX turmoil rocks ecosystem/h3 h3 Chainlink Labs offers proof-of-reserve service for embattled exchanges/h3 h3 DeFi faces criticism for denying user access based on wallet content/h3 h3 Report: GALA token exploit resulted from public leak of private key on GitHub/h3 h3 DeFi market overview/h3

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