While Crypto Market stay red, FTX landed one low blow after another.
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Top Cryptocurrency prices today: Major cryptos decline, while Dogecoin continues trend.
Bitcoin's price hovered around $18632.50, and its market share is currently 38.17 percent.
Early on November 13, major cryptocurrencies were up while the market valuation of all cryptocurrencies fell by 0.69 percent, to $848.55 billion, from the previous day. On the other hand, over the past day, the entire volume of the cryptocurrency market fell by 42.69 percent, to $55.22 billion.
The price of bitcoin was approximately $18632.50, and its market share is currently 38.17 percent, up 0.23 percent from the previous day.
Ethereum was down 1.05 per cent to $1,259. ETH’s market stood at 154.1 billion, and its trading volume decreased by 28.6 per cent to $18.1 billion.
Dogecoin (DOGE) gained 5.4 per cent to $0.09207. But its 24-hour trading volume fell by 21.4 per cent to $1.5 billion.Shiba Inu has decreased by 3.7% to $0.000009704.
In other news, it appears that some FTX users have discovered a means to withdraw funds through a back door in the Bahamas. As FTX gated consumer withdrawals over the past five days, analysis by data firm Argus uncovered odd trading patterns. The majority of anomalies involved so-called NFTs, or digital collectibles. According to Argus, the patterns indicate that "desperate" consumers were turning to FTX users in the Bahamas for assistance
"FTX Has Been Hacked": The Crypto Disaster Gets Worse as the Exchange Witnesses Mysterious Outflows of Over $600M
FTX representatives appeared to confirm Telegram rumours of a hack by advising customers to delete their FTX .
After declaring bankruptcy just hours earlier, hundreds of millions of dollars were syphoned off the cryptocurrency exchange, worsening the fall of FTX, already one of the most spectacular financial disasters in history.
Late on Friday, more than $600 million was stolen from FTX's cryptocurrency wallets. Soon after, FTX announced that it had been compromised in its official Telegram channel and advised users not to install any new updates and to remove all FTX apps.
"A hack was made on FTX. FTX apps include viruses. Take them out. The chat window is open. Don't visit the FTX website since it could download Trojans "In the FTX Support Telegram channel, an account administrator posted something. FTX General Counsel Ryne Miller pinned the tweet.
Miller revealed in a tweet hours later that due to the Friday bankruptcy, FTX US and FTX.com had been transferring all of their digital assets to cold storage. After discovering fraudulent transactions, the process was sped up this evening, he claimed.