FTX Was Hacked (Don’t Use FTX Products)
FTX halted withdrawals. Then on Friday, Nov 11th FTX was hacked. Currently, neither FTX nor FTX.US are safe to use. Withdrawals aren’t active on either platform and neither app is safe to use at the moment.
News
Cryptocurrency news from around the world and beyond. We cover what happening with cryptocurrency today. We cover things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new projects, upcoming forks, etc.
FTX.US is Down and Withdrawals Stopped
FTX.US is not directly impacted by the FTX shutdown. I can personally confirm this as I have been able to place trades and make withdrawals as of today.
FTX Global Halts Withdrawals Leaving Many Stuck
FTX Global has halted withdrawals leaving many stuck. While it is currently unknown if withdrawals will begin again or if there will be some sort of bailout, past situations hint that while relief should be coming, it won’t be coming any time soon. UPDATE: FTX.US is not currently safe to use. See FTX hack. This… Read More
The ETH Merge Fork (ETHW)
Ethereum’s merge resulted in a PoW fork called ETHW. You can set your metamask for this network using the following info.
Luna Fork
Luna forked creating a new asset called Luna 2. Meanwhile existing Luna is called Luna Classic.
Robinhood Adds Compound, Polygon, Shiba Inu, and Solana
Robinhood has expanded the cryptocurrencies tradable on its platform to include Compound, Polygon, Shiba Inu, and Solana.
Super Bowl Crypto Referral Links
Here is a list of referral links for the crypto companies that showed commercials at the Super Bowl including Binance, FTX, Coinbase, and Crypto.com.
Whales Capitulate as Crypto Rallies
According to one metric, CDD (Coin Days Destroyed), which tracks coins that have been dormant, we just saw one of the biggest capitulation events ever. Right before Bitcoin rallied.
LedgerX is Now FTX.US Derivatives
LedgerX is now FTX.US Derivatives. That means there are now US-based options, futures, and swaps under the FTX.US brand.
Bitcoin Breaks its All Time High Above $64k
Bitcoin has broken above its previous all-time high of $64k and is currently trading above $66k in price discovery.