Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. Binance rejects Alameda’s buyout offer</h2>Binance has rejected Alameda Research’s offer to buy out the exchange&#39;s FTX holdings for $22 per token.The offer came from Alameda Research CEO Caroline Ellison after Zhao said Binance would be liquidating its FTT position due to “post-exit risk management” as part of “learning from LUNA”.Zhao said Binance would try to sell the tokens in a way that “minimizes market impact” and said the token sales would take “a few months to complete”.Soure: <a href="https://cointelegraph.com/news/binance-ceo-not-interested-in-alameda-s-offer-to-buy-up-its-ftt-holdings" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-1">#2. BitDAO asks Alameda for proof of funds</h2>BitDAO has asked Alameda to prove that they continue to hold 100 million BIT tokens after the token slipped 20%.The BIT tokens were acquired by Alameda in November 2021 by converting 3.36 million FTT tokens. The deal required Alameda to hold BIT for at least three years.&#34;BitDAO community is questioning the sudden dump of $bit token caused by Alameda dumping and breaching the 3 yr mutual no sale public commitment,&#34; Bybit&#39;s co-founder Ben Zhao tweeted.Source: <a href="https://www.coindesk.com/markets/2022/11/08/bitdao-community-asks-alameda-for-proof-of-fund-after-tokens-sudden-20-drop-threatens-to-dump-ftt/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Huobi accuses pNetwork of GALA exploit</h2>Crypto exchange Huobi Global has accused pNetwork of earning a $4.5 million profit from the recent pGALA crash.On Nov. 3, a suspected attacker minted $2 billion worth of GALA on BNB Smart Chain and dumped a portion of the tokens on PancakeSwap for 12,977 BNB (~$4.5 million at the time).Huobi claims that pNetwork’s action was not a white hat move and only an excuse by the team “to avoid legal consequences.”Source: <a href="https://cointelegraph.com/news/gala-token-exploit-not-a-white-hat-act-huobi-global" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. Bank of Korea tested CBDCs</h2>The Bank of Korea (BoK) has developed and tested a program that facilitates cross-border remittances by linking different CBDCs from other countries.It recently completed a 10-month experiment into a digital South Korean won. During the project, the bank also tested the use of its CBDC to purchase NFTs.In July, BoK had announced it was working on &#34;real world&#34; tests of a CBDC with ten commercial banks.Source: <a href="https://www.coindesk.com/policy/2022/11/07/bank-of-korea-tested-nft-trading-remittances-with-cbdc-report/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-4">#5. Circle to add Solana support for Euro Coin</h2>Stablecoin issuer Circle will add Solana network support next year for its euro-based stablecoin, euro coin (EUROC).Circle said that the move to Solana will improve on-chain foreign-exchange functionality.Euro coin was introduced in June on Ethereum and is backed by a mix of cash and European government debt. It has a market cap of $80 million, compared with USDC&#39;s market cap of $42 billion.Source: <a href="https://www.coindesk.com/business/2022/11/07/usdc-issuer-circle-to-add-solana-support-for-euro-coin-in-2023/" rel="noopener noreferrer nofollow">CoinDesk</a>--The ApolloX app is available on Apple Store or Google Play <a href="https://apollox.onelink.me/rf4R/newscryptowndl" rel="noopener noreferrer nofollow">here</a>.Stay up to date with ApolloX!<a href="https://t.me/apollox_com" rel="noopener noreferrer nofollow">Telegram</a> |<a href="https://twitter.com/ApolloX_com" rel="noopener noreferrer nofollow"> Twitter</a> |<a href="https://www.facebook.com/ApolloXcom" rel="noopener noreferrer nofollow"> Facebook</a> |<a href="https://www.instagram.com/apollox_com/" rel="noopener noreferrer nofollow"> Instagram</a> | <a href="https://apollox.link/blog-discord" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://apollox.link/blog-APXNewsStation" rel="noopener noreferrer nofollow">ApolloX News Station</a> | <a href="https://coinmarketcap.com/community/profile/ApolloX" rel="noopener noreferrer nofollow">CMC</a>

Crypto News of the Day: BitDAO joins Alameda drama, Huobi accuses pNetwork of profiting from pGALA crash

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