Tuesday, December 6, 2022

Kaiko: as FTX disintegrated, trading volume at the largest crypto exchanges jumped 23% to $705B in November, mainly driven by a 30% jump on Binance (David Pan/Bloomberg)

David Pan / Bloomberg:
Kaiko: as FTX disintegrated, trading volume at the largest crypto exchanges jumped 23% to $705B in November, mainly driven by a 30% jump on Binance  —  Digital-asset exchange Binance Holdings Ltd. saw a substantial boost in trading activity as Sam Bankman-Fried's FTX crypto empire collapsed in November.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...