[ad_1] <br><div><article><div class="code-block code-block-2" style="margin: 8px 0; clear: both;"> <a target="_blank" rel="nofollow noopener" href="https://link.cryptoslate.com/v12" class="placement"> <noscript><img width="600" height="500" style="max-width: 300px" src="https://cryptoslate.com/wp-content/uploads/2022/11/haru-invest-5-coins-new.jpg" alt="Haru Invest"/></noscript><img class="lazyload" width="600" height="500" style="max-width: 300px" src="https://cryptoslate.com/wp-content/uploads/2022/11/haru-invest-5-coins-new.jpg" alt="Haru Invest"/> </a></div><p>Solana-based decentralized prime brokerage platform Oxygen Protocol revealed on Nov. 15 that 95% of its <a target="_blank" href="https://cryptoslate.com/coins/maps/" rel="noopener">MAPS</a> and <a target="_blank" href="https://cryptoslate.com/coins/oxygen/" rel="noopener">OXY</a> tokens provide have been held on bankrupt crypto change FTX.</p><blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">1/ The MAPS and Oxygen groups are shocked by occasions referring to FTX Group’s chapter proceedings.</p><p>— Oxygen – Decentralized Prime Brokerage (@Oxygen_protocol) <a target="_blank" href="https://twitter.com/Oxygen_protocol/status/1592609191960596480?ref_src=twsrc%5Etfw" rel="noopener">November 15, 2022</a></p></blockquote><p>The assertion stated the struggling crypto agency didn't have any fairness in its enterprise, but it surely held a good portion of its tokens.</p><blockquote><p>“(FTX) acted because the custodian for over 95% of the general provide of our ecosystem tokens — each locked and unlocked.”</p></blockquote><p>The MAPS and Oxygen crew expressed shock in regards to the FTX chapter incidents, including that they solely have entry to publicly accessible info.</p><p>Oxygen Protocol stated it was contemplating all choices to guard its ecosystem. The DeFi protocol stated it has employed authorized advisors to help within the course of.</p><p>In the meantime, the crypto neighborhood seems to be unsurprised by the most recent revelations. A number of feedback prompt that Sam Bankman-Fried managed the protocol and that he was tweeting the bulletins.</p><blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr">That is your first Tweet since April 2022 stfu</p><p>— ZachXBT (@zachxbt) <a target="_blank" href="https://twitter.com/zachxbt/status/1592614260009758722?ref_src=twsrc%5Etfw" rel="noopener">November 15, 2022</a></p></blockquote><p>ZachXBT identified that this was the protocol’s first tweet since April 2022.</p><p>Maps and Oxygen protocol have been initiatives backed by Alameda Analysis. In January 2021, Alameda Analysis <a target="_blank" href="https://cryptoslate.com/this-company-is-bringing-defi-to-140-million-users-thanks-to-a-50-million-round-of-venture-capital/" rel="noopener">led</a> a $50 million funding spherical in Maps.me. It additionally led a $40 million funding spherical in Oxygen in February 2021.</p><p>Studies revealed that MAPS and OXY accounted for a good portion of Alameda’s stability sheet.</p><p>In response to CryptoSlate information, OXY has shed 46% of its worth over the past seven days, buying and selling for $0.0202 as of press time. MAPS can be down roughly 47% and valued at $0.062 as of press time.</p><div class="edge-cta hidden"><h2>Get an <span>Edge</span> on the Crypto Market 👇</h2><p>Grow to be a member of CryptoSlate Edge and entry our unique Discord neighborhood, extra unique content material and evaluation.</p><div class="cols"><p> <span class="img chart"/> <strong>On-chain evaluation</strong></p><p> <span class="img price"/> <strong>Value snapshots</strong></p><p> <span class="img context"/> <strong>Extra context</strong></p></div> <a target="_blank" href="https://cryptoslate.memberful.com/checkout?plan=43765" class="btn join" rel="noopener">Join now for $19/month</a> <a target="_blank" href="https://cryptoslate.com/edge/" class="btn" rel="noopener">Explore all benefits</a></div></article></div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMiRmh0dHBzOi8vY3J5cHRvc2xhdGUuY29tL2RlZmktcHJvdG9jb2wtb3h5Z2VuLWhlbGQtOTUtb2Ytc3VwcGx5LW9uLWZ0eC_SAUxodHRwczovL2NyeXB0b3NsYXRlLmNvbS9kZWZpLXByb3RvY29sLW94eWdlbi1oZWxkLTk1LW9mLXN1cHBseS1vbi1mdHgvP2FtcD0x?oc=5">Source link </a>