Orphan Block

2022-11-14 15:02:16 Kraken freezes FTX and Alameda accounts, 'maintains full reserves'.

Kraken has frozen accounts owned by FTX Group, Alameda Research and their executives following their filing for Chapter 11 bankruptcy protection. "Kraken has spoken with law enforcement regarding a handful of accounts owned by the bankrupt FTX Group, Alameda Research and their executives," the U.S.-based crypto exchange tweeted today, adding: "Those accounts have been frozen to protect their creditors."

Kraken added that its other clients' funds are not affected and that it "maintains full reserves." Open / Comment

2022-11-14 12:02:11 Breaking: AAX, a derivatives exchange established in Hong Kong in 2019, suddenly announced that it would suspend all operations, including trading, withdrawals, etc.

It will take 7-10 days to proofread and restore user assets. AAX's trading volume ranks in the top 20 in coingecko. Open / Comment

2022-11-13 20:30:41 Open / Comment

2022-11-13 18:00:55 For the last couple of days, people have been moving BTC, which they haven't touched in years. Even the smart money that was buying the uptrend in May 2020 is on the move.

These may be early signs that the bottom of the capitulation is near. Those who survive it will be rewarded. Open / Comment

2022-11-13 15:01:28 What do you need to remember after the FTX situation?

First, never store or entrust your funds to an exchange. An exchange is a custodial vault, in other words, you do not have full control over your funds.

Second, store your cryptocurrency in hardware or wallets, only they are safe enough for long-term storage. I recommend using Ledger and Trezor hardware wallets.

Third, don't buy tokens you're not sure about. LUNA and FTT are far from the last tokens that will drop to near zero, so choose only time-tested coins like Bitcoin Open / Comment

2022-11-13 12:01:22 Trust Wallet, something's cooking

Just recently, Trust Wallet posted a tweet implying that use of the wallet is free!

The quote is "$8 for Twitter, $0 for Trust Wallet."

There are lots of comments under the post and here's one of them:

"Okay, I got a free wallet and then what? Where's the fun?"

Trust Wallet's answer:

"Surprise next week."

Trust Wallet definitely needs to figure something out, catching up with MetaMask, which has launched a portfolio, bridges and will demonstrate its own token soon.

If you look at TWT's rate, it's doing great with the overall market situation, CZ won't let its brainchild sink for the DeFi sector, which it actively enters. Open / Comment

2022-11-12 21:01:01 Open / Comment

2022-11-12 18:55:22 BlockFi has suspended withdrawals in response to the ongoing FTX crisis.

Sam Bankman-Fried previously agreed to supply BlockFi $400 million in credit as part of a bailout, which now looks to be in total jeopardy. Open / Comment

2022-11-12 16:02:01 CoinList has sent e-mails to its users.

«CoinList has no material exposure to FTX, FTT, Alameda or any credit exposure to any affiliate of FTX. We do not perform any actions with users’ funds unless explicitly authorized by the user…» Open / Comment

2022-11-12 11:30:31 FTX CEO Sam Bankman-Fried sold equity in the firm at a 50% discount to employees in the spring.

Could have waited and got an even bigger discount Open / Comment