Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. On-chain data shows FTX-Alameda ties from the start</h2>Blockchain data shows crypto exchange FTX and sister company Alameda Research were very much connected from the beginning.Niklas Polk, a research analyst at analytics firm Nansen, said that most of FTX’s FTT was found in the wallets of the exchange and Alameda.Whether FTX issued a loan to Alameda is “not directly visible on-chain” because of FTX’s centralized structure. However, Nansen implies that the $4 billion of FTT tokens Alameda deposited to FTX may have been used as a way to repay loans issued by FTX.Source: <a href="https://www.coindesk.com/business/2022/11/22/on-chain-data-shows-close-ties-between-ftx-and-alameda-were-there-from-the-start-nansen/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-1">#2. Saudi Arabia’s NFT collection soars after soccer win</h2>Sales for “The Saudis”, a Saudi Arabia-themed NFT collection increased 387% on Tuesday following the country’s surprise 2-1 win against Argentina.Argentina’s fan token (ARG) dropped 21% over the past 24 hours in contrast.Crypto tokens have become popular ahead of the World Cup. CHZ, the native token of the Chiliz blockchain that powers sports fan token creator Socios.com, surged 39% in the week before the start of the competition.Source: <a href="https://www.coindesk.com/markets/2022/11/22/saudi-arabias-nft-collection-soars-after-unexpected-soccer-win-against-argentina/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-2">#3. Tornado Cash developer to stay detained</h2>Detained Tornado Cash developer Alexsey Pertsev will spend another three months in custody in the Netherlands, on concerns that he is a flight risk.A preliminary court hearing outlined the case against Pertsev after 103 days in custody, painting Pertsev as a central figure in Tornado Cash’s operation.Advocate WK Cheng delivered his first defensive argument, highlighting several points outlining Tornado Cash’s use cases and misconceptions around its functionality.Source: <a href="https://cointelegraph.com/news/tornado-cash-developer-alexey-pertsev-to-stay-detained-until-next-yea-hearing" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-3">#4. Mango Markets hacker fails to attack Aave</h2>Avraham Eisenberg, who self-outed himself after October’s Mango Markets hack, recently borrowed 40 million CRV from Aave.This was apparently part of a scheme to dump the tokens and make away with millions in short positions — leaving Aave saddled with bad debt.While the attempt failed, Aave accrued $1.6 million in bad debt. Risk prevention firm Gauntlet announced that it would help cover the $1.6 million loss as part of its insolvency refund program for Aave.Source: <a href="https://decrypt.co/115390/mango-market-hacker-loses-millions-in-failed-aave-scheme" rel="noopener noreferrer nofollow">Decrypt</a><h2 id="header-4">#5. Institutional investors buy through crypto winter</h2>A Coinbase-sponsored survey of 140 U.S. institutional investors found 62% of institutional investors invested in crypto had increased their allocations over the past 12 months.More than half of the investors surveyed said they were currently, or planning, to use a buy-and-hold approach for cryptocurrencies.58% said they expected to increase their portfolio's allocation to crypto over the next three years. Nearly half strongly agreed that crypto valuations will increase over the long term.Source: <a href="https://cointelegraph.com/news/institutional-investors-are-buying-through-crypto-winter-survey" rel="noopener noreferrer nofollow">Cointelegraph</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: Saudi Arabia’s NFT collection soars after soccer win, Mango Markets hacker fails to attack Aave

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