🌀 SBF tells investors FTX needs $8B in emergency funding: WSJ 🌀

https://blockchair.com/news/sbf-tells-investors-ftx-needs-8b-in-emergency-funding-wsj--522caeaefa

BTC: $16165 ▪️ ETH: $1143 ▪️ XRP: $0.34 ▪️ BCH: $91

FTX Announcement Regarding the Tron Credit Facility

We are pleased to announce that we have reached an agreement with Tron to establish a special facility to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets. This functionality will be enabled at 18:30 UTC, November 10, 2022.

The exact capacity of the Tron Token facility will be determined weekly and future injections will occur at 14:00 UTC. The amount to be deposited will depend on a number of factors such as withdrawal demand and funding capacity to be provided by Tron. By providing a set schedule of the amount of tokens to be introduced into the market and the corresponding time, our goal is to provide more clarity to the market allowing users to make better informed decisions.

For more details: https://help.ftx.com/hc/en-us/articles/10739365280276

Binance has shared the details of its hot and cold wallets: Over $70B in reserves

As part of ongoing commitment to transparency, Binance has shared the details of their hot and cold wallets’ reserves, including wallet address list. According to the shared data, a total of around $70B is held in $BUSD, $USDT, $BNB, $BTC, $ETH and $USDC by Binance.

FTX just pinned this message in their main telegram chat.

High possibility the red year for Bitcoin since 2013

💰FTX filed for bankruptcy last week, but the cryptocurrency exchange’s founder still thinks that he can raise enough money to make users whole, according to people familiar with the matter.

🏦 Mr. Bankman-Fried, alongside a few remaining employees, spent the past weekend calling around in search of commitments from investors to plug a shortfall of up to $8 billion in the hopes of repaying FTX’s customers, the people said. 

📉 The efforts to cover that shortfall have so far been unsuccessful.

🌀 Curve token jumps 50% amid squeeze on big short position 🌀

https://blockchair.com/news/curve-token-jumps-50-amid-squeeze-on-big-short-position--97dcfa4920

BTC: $16192 ▪️ ETH: $1132 ▪️ XRP: $0.37 ▪️ BCH: $108

📤 Vitalik Buterin transferred 40,000 Ethereum ($48M) to the address starting with “0xd04d”.

📉 Last time this happened Ethereum crashed really hard.

https://etherscan.io/address/0x220866b1a2219f40e72f5c628b65d54268ca3a9d#internaltx

During the chaos of the last few weeks, the #Ethereum market cap briefly fell below the aggregate stablecoin cap, once again.

The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B.

#glassnode

Elon Musk has confirmed that #Twitter 2.0 - The Everything App - will bring end-to-end #encryption (E2EE) for direct messages and long-form tweets to the platform.

Read: https://thehackernews.com/2022/11/elon-musk-confirms-twitter-20-will.html

Since the #Ethereum Merge, the total net coin issuance has been just +2,317 $ETH.

A total of 131,454 $ETH has been issued to PoS validators, whilst 129,137 $ETH has been burned via EIP1559.

Live Dashboard

🌀 Metallica issues crypto scam alert before the 72 Seasons album launch 🌀

https://blockchair.com/news/metallica-issues-crypto-scam-alert-before-the-72-seasons-album-launch--aa362ad6e9

BTC: $17012 ▪️ ETH: $1263 ▪️ XRP: $0.38 ▪️ BCH: $111

🌀 Bitcoin (BTC) Price Likely To Hit $20k By End Of December – Here’s How and Why 🌀

https://blockchair.com/news/bitcoin-btc-price-likely-to-hit-20k-by-end-of-december-heres-how-and-why--e0fed3d156

BTC: $17147 ▪️ ETH: $1266 ▪️ XRP: $0.39 ▪️ BCH: $110