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There's a run on the crypto bank. Talk of a halt in withdrawals at FTX and what it means
Eyes are on the crypto market today as the fued between Binanace and FTX turns to full-scale warfare.
The Block reports that FTX appers to have stopped processing withdrawals, citing on-chain data.
"The last outgoing transaction from FTX on the Ethereum blockchain took place at 6:37 a.m. ET, more than two hours ago, data from Etherscan show. It's a similar story on the Tron and Solana blockchains as well, on-chain data show."
FTX's token is down 22% today.
Some backgro... Read More
Posted: Nov 8 2022, 14:21
Author Name: forexlive
Views: 103061