Hello, ApolloXplorer!Have you seen today’s key headlines yet?<h2 id="header-0">#1. FTX asks to sell off four businesses</h2>FTX&#39;s new leadership asked a federal bankruptcy judge for permission to sell off parts of its global business early next year.It wants to sell off those it says are solvent and in good standing with regulators, including LedgerX, before they lose more value.If approved by a judge and with no objection from other stakeholders, bidding will occur in the first quarter.Source: <a href="https://www.theblock.co/post/195579/ftx-asks-court-permission-to-sell-off-four-businesses-including-ledgerx" rel="noopener noreferrer nofollow">The Block</a><h2 id="header-1">#2. Jewel Bank &amp; Polygon to launch Bermuda&#39;s first stablecoin</h2>Institutions in Bermuda, a British Overseas Territory, will soon be able to trade real-time settlements using a USD-backed stablecoin with a 1:1 peg.Jewel USD (JUSD) will be the first stablecoin to be released in the territory.It is powered by the Polygon blockchain. In the future, the bank plans to use the Polygon ecosystem for commercial and retail stablecoin-based payment solutions.Source: <a href="https://cointelegraph.com/news/jewel-bank-polygon-to-launch-bermuda-s-first-usd-backed-stablecoin/amp" rel="noopener noreferrer nofollow">Cointelegraph</a><h2 id="header-2">#3. CryptoQuant backs up Binance&#39;s reserves</h2>Blockchain analytics provider CryptoQuant has released a report analyzing Binance’s proof of reserves audit.It stated that on-chain data confirms that Binance is overcollaterized.CryptoQuant backed the findings by audit firm Mazars and stating that liabilities reported by Binance are very close to its estimation of 99%.Binance&#39;s report had been criticized as being an “Agreed-Upon-Procedure” and not a full audit.Source: <a href="https://www.coindesk.com/business/2022/12/15/cryptoquant-on-chain-data-shows-crypto-exchange-binance-isnt-exhibiting-ftx-like-behavior/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-3">#4. Dutch Central Bank says KuCoin Is operating without license</h2>The Dutch central bank issued a warning to crypto exchange KuCoin for operating without a registration in the Netherlands.De Nederlandsche Bank (DNB) said that KuCoin&#39;s Dutch subsidiary EK Global Limited (MGL) does not have a “legal registration” with the DNB.Customers of KuCoin and MGL are not in violation of the law, the central bank notedSource: <a href="https://www.coindesk.com/business/2022/12/15/dutch-central-bank-says-crypto-exchange-kucoin-is-operating-without-license-in-netherlands/" rel="noopener noreferrer nofollow">CoinDesk</a><h2 id="header-4">#5. Hong Kong debuts crypto futures ETFs</h2>The Hong Kong stock exchange launched two crypto futures ETFs on Friday.They track the Bitcoin futures contracts and Ether futures contracts traded on the Chicago Mercantile Exchange.The ETFs have raised nearly $79 million as of their debut.Source: <a href="https://www.coindesk.com/business/2022/12/15/new-bitcoin-and-ether-futures-etfs-launching-in-hong-kong/" 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: Jewel Bank & Polygon to launch Bermuda's first stablecoin, CryptoQuant backs up Binance's reserves

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