
Nearly $300M liquidated in 12 hours as market turns red
Concerns around the liquidity of FTX and Alameda Research fueled contagion fears, bringing the crypto market down and causing huge liquidations.

Follow Binance news, including exchange updates, listings, legal developments, product launches, and market impact across global crypto trading.

FTT's value is at the risk of a drastic sell-off, considering that around 60% of its supply is currently on exchanges.

The tweet threat appears to be a response to rumors and speculation of liquidity issues at FTX and Alameda Research, which may have led to Binance's decision to sell its FTT.

As Lebanon's economy struggles and people lose trust in banks, they are relying on Bitcoin and Tether to store funds and make payments.

CZ confirmed that Binance is not involved with Twitter crypto integrations currently, and that time is needed for Elon Musk to finalize a roadmap on what he wants.

Over the past 24 hours, the top 50 DOGE investors bought $70 million worth of tokens while $177 million worth of tokens flowed into Binance.

Roughly $760 million was stolen in October through 44 hacks across 53 protocols — making it the worst month for crypto hacks in 2022.



