A meme coin user turned $4.8K into $1.1M through speculation on the AI agent token CENTS.
The first purchase was made at a market cap of $150K mcap; overall, they sold half of their position at $687K, with unrealized profits amounting to $413K.
CENTS emerged as a new contender for growth last night and surged after being promoted by one of the top meme AI traders, Him (who discovered $fartcoin at $30K mcap, which peaked at $130M).
Him himself, of course, bought around a $200K mcap, and made the first mention on Twitter at $6M.
He rode the wave from $6M to $50M.
Linea token at the end of 2025?
The Product Lead of the Linea blockchain and ConsenSys mentioned the end of 2025 as a realistic date for the project’s full decentralization.
In the meantime, don’t forget to complete quests, add liquidity, and earn XP, dear users.
👀While crypto assets tumbled, the Nasdaq 100 and the S&P 500 jumped by a whopping 8.8% and 5.9%, respectively.
As such, BTC’s 30-day rolling correlation with U.S. equities fell to just .17, its lowest level since November 2021, before recovering to .4.
🔴 Chiliz has allocated 38 mln CHZ to provide up to $10,000 in compensation to each FTX user affected by a recent hack.
Читать полностью…📊FTX owes more than $5.0bn USD, $1.41bn BTC, $800mm Tether and $670mm ETH, along with loans to BlockFi, Genesis and LayerZero totaling close to $9.0bn outstanding
Читать полностью…🌴 FTX spent $74 million on real estate in the Bahamas this year
And according to the FT, FTX had only $900 million in liquid assets and $8.9 billion in liabilities. Of that $900 million, $470 million came from Robinhood stock.
😀 Binance is forming an industry recovery fund and invites everyone to participate
Will give money to those facing problems.
Bitcoin has responded by rising. 📈
SBF and two FTX associates are currently being detained by authorities in the Bahamas.
Читать полностью…🤯 Polychain-backed DFX Finance hacked for $7.5 million.
DFX Finance, a decentralized exchange protocol for fiat-pegged stablecoins, reported that it was attacked at 2:21 pm ET. An unknown attacker siphoned approximately $7.5 million from DFX, according to estimates from security researchers at BlockSec.
The attacker took advantage of an insecure flash-loan mechanism offered by DFX Finance on the Ethereum blockchain. A flash loan is a feature in which a large amount of cryptocurrency can be borrowed with no collateral, only if those funds are returned in the same transaction.
⏺#news ⏺
📝 FTX and related companies filed for bankruptcy.
💰 Alameda has $10-50 billion in assets and liabilities.
👣 FTX's head of institutional sales resigned and spoke about FTX's financial situation.
👂 The SEC chairman helped FTX work on legal loopholes to gain a regulatory monopoly, said U.S. Congressman Tom Emmer.
❌ Cyprus suspended FTX's license because of a liquidity crisis.
🌚 Cryptocurrency lender BlockFi suspended withdrawals because of FTX.
❄️ The Bahamas froze FTX assets.
‼️ The SEC began investigating Sam Bankman-Fried for securities violations.
⛔️ U.S. lawmakers called for tighter regulation of the crypto industry because of the FTX collapse.
💶 Tether released a new USDT security audit report. Stablecoin has returned its peg to the dollar.
⏺#news⏺
📊 Bitcoin renewed its all-time high exactly one year ago, on November 10, 2021. Yesterday it hit another bottom at below $15,600.
📉 Arthur Hayes expects SOL at $3, BTC at $10,000-15,000, ETH at $750-1,000.
🔍 Crypto-asset prices exactly one year ago, November 10, 2021. .
❌Binance refused to buy FTX, but Sam still has hope of raising capital.
💸 FTX has an $8 billion deficit. Without an outside infusion, there is no way to save the exchange.
💫 FTX transferred at least $4 billion to Alameda.
🤝 FTX turned to American Kraken for help.
⚡️ U.S. inflation was 7.7% (y/y).
🔶 Binance published its reserves - there's about $70 billion in crypto assets.
💶 USDT was losing its peg to the dollar today amid rumors of a USDT short by Alameda.
💲 Tether froze 46,360,701 USDT FTX at the request of law enforcement.
⛔️ Alameda Research is winding down trading, Sam Bankman-Fried said. He also admitted defeat in the fight with CZ.
👀 FTX began processing withdrawal requests, network data shows.
⚡️ Binance backs out of FTX deal - WSJ
"We had hoped we could support FTX customers, but the problems are beyond our capabilities," Binance said.
UPD: Binance's official comment:
💬 "After due diligence and recent news about misuse of customer funds and a U.S. investigation, we have decided that we will not buy FTX."
#news
❌ Binance is leaning toward not buying FTX. Bitcoin reacted by updating the bottom: falling below $17,000.
✅ Changpeng Zhao said that Binance did not plan to take over FTX, everything happened spontaneously. He also said that the exchange added to its SAFU insurance fund to the equivalent of $1 billion.
🤔 Why did FTX/Alameda start having problems? This is the version that emerged.
👻 SOL is in trouble because of FTX/Alameda.
⛔️ Crypto․com suspended USDC and USDT deposits and withdrawals on the Solana network.
💬 Coinbase, Circle, Tether and others spoke about the limited impact of FTX on their business.
💠 Following Binance Huobi, Bitget, Gate, OKX, KuCoin and Poloniex said they would publish their reserves to increase transparency.
🚧 Sam Bankman-Fried fell off the billionaire list after his estimated personal fortune dropped 94% from $15 billion to $990 million in one day.
🌚 U.S. regulators are investigating the FTX empire, looking into its handling of client funds and lending.
🌪 The U.S. Treasury Department has linked the Tornado Cash mixer to North Korea's nuclear program.
👣 Meta is cutting staff by 13% - that's over 11,000 employees.
🦊 Metamask launched a crosschain bridge aggregator.
A moment of reminiscing about weak hands and the inability to always be right in the meme market.
Wanted an easy flip for +39 SOL in 5 minutes?
Now it’s 3433 SOL of missed profit.
For $act, two colleagues in the group — one missed out on $2M profit, the other on $3M.
16% of MicroStrategy shares are shorted, and 20% of Bitcoin miner CleanSpark shares are also shorted.
BTC is in price discovery over the weekend. How do you think both stocks will open on Monday?
⚽️ Cristiano Ronaldo will launch an NFT collection on Binance this Friday
NFTs will be sold at prices starting at 77 BUSD for the usual rarity.
⏺#news ⏺
💸 Binance experienced a large outflow of funds.
✅ Crypto․com CEO said that the exchange coped with a large flow of withdrawal requests.
🌚 Media: Alameda was involved in insider trading.
🤬 Admitted: Alameda used FTX customers' money. Also, the CEO of FTX said he attacked the head of Binance for nothing.
❄️ Elon Musk is preparing us for a long crypto-zima.
🌚 OKX follows Binance in creating a $100 million fund to support troubled projects.
💲 Circle Payments added support for Apple Pay.
❗️ AAX said it will open a withdrawal if it can raise additional capital by the end of the week.
❌ FTX-owned Japanese licensed exchange Liquid has stopped withdrawals.
⚽️ Cristiano Ronaldo will launch an NFT collection on Binance this Friday.
🔹⚪️ CZ hinting at Crypto,com and Gate,io not being safe after weird transactions taking place.
I recommend taking your money out of these platforms. There is no reason whatsoever to keep your coins there, especially amidst all of this.
🗯“If an exchange have to move large amounts of crypto before or after they demonstrate their wallet addresses, it is a clear sign of problems.”
✅ Crypto․com CEO said that the exchange has coped with a large flow of withdrawal requests
That's good.😊
⛔ AAX Exchange has stopped all operations, including trading and withdrawal of funds
Verification and recovery of client assets will take 7-10 days.
AAX is a top-20 derivatives exchange. It has been frequently advertised on Etherscan.
📝 Thoughts from investor/writer, Robert Kiyosaki:
💬 "Bitcoin? Was I worried? No. I am a bitcoin investor, just like I am an investor in physical gold, silver and real estate. I am NOT a TRADER or a flipper. When bitcoin reaches a new bottom in the $10,000 to $12,000 zone - I will be excited, not anxious. I'm betting against the Fed, Treasury and Biden. And I'm betting on bitcoin, gold and silver."
👀 FTX has been hacked.
The admin of the FTX community chat states that FTX has been hacked, all funds are gone, and FTX apps have malware.
Over $383m are being transferred to Anon wallet.
👉🏻 Do not go to the site or use the app❗️
⚡️ JUST IN :
👀 Bankman-Fried apologizes, says FTX has more assets than client deposits.
Tether Begins Freezing FTX USDT at the Request of Law Enforcement While Investigations Occur: Tether Exec
🤡SBF: Alameda Research Is Winding Down Trading
🤨FTX started processing withdrawal requests, network data shows
UPD: The cryptocurrency community notes that withdrawals are not going to everyone, but only to new addresses or hot addresses at Binance, OKX and Bitfinex.
⚡️⚡️ Binance is inclined to back out of the FTX purchase
According to a source familiar with the matter, BInance wants to back out of completing the deal after conducting a review of FTX's internal data and credit obligations.