Asia's weekly TOP 10 crypto news (Nov 14 to Nov 20)
Author：Lily Editor：Colin Wu 1. HongKong & FTX’s weekly summary 1.1 HEX Trust reduces minimum residual exposure to FTX and Alameda to zero Link Hong Kong-based institutional custodian HEX Trust sent an investor letter stating that Terra made an important choice after its collapse in April to move away from prioritizing revenue generation and market participation and instead minimize its exposure to the overall market, thus reducing its minimum residual exposure to FTX and Alameda to zero in the first week of November. 1.2 Genesis Block has suspended trading due to the widespread impact of the FTX bankruptcy Link Genesis Block, a local crypto currency trading platform in Hong Kong, has suspended trading and shut down its OTC website on the 10th of next month due to the widespread impact of the FTX meltdown, according to a letter to its customers. Genesis Block personnel are suspected to have been directors of FTX’s Hong Kong subsidiary, and have acknowledged that a significant amoun...