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Since filing for bankruptcy on November 11, the bankrupt cryptocurrency exchange FTX.com has lost around US$415 million in cryptocurrencies to hacks. Important Facts According to the company disclosure to creditors, an "unauthorized third party" took over US$323 million from FTX international exchange and US$90 million from FTX US. Alameda Research, the brokerage division of the exchange with headquarters in the Bahamas, had another US$2 million stolen from it. The sum that was stolen represents a portion of the US$5.5 billion in liquid assets that FTX designated for recovery. These assets include US$1.7 billion in cash, US$3.5 billion in cryptocurrencies, including FTX Token (FTT), and US$300 million in liquid securities. The exchange was hacked and lost more than US$372 million, according to the new FTX CEO John Ray, who made the announcement a few days after FTX declared bankruptcy in November. On November 11, FTX filed for Chapter 11 bankruptcy in the United States, shocking the industry after it was discovered that there had been inadequate transparency on liquidity and customer funds had been improperly used. Sam Bankman-Fried, the founder and former CEO of FTX, has been charged with eight offences, including conspiracy to commit money laundering and wire fraud. Earlier this month, Bankman-Fried entered a not-guilty plea to the accusation of fraud. The US$2.1 billion Binance got in BUSD and FTT when it sold its share in FTX in Q3, 2021, is being considered as a clawback by FTX advisers. Changpeng Zhao, CEO of Binance, has asserted that the business will continue to be stable even after making a US$2.1 billion return. According to its bankruptcy declaration in November, the bankrupt exchange owes its 50 largest creditors a total of around US$3.1 billion. Additionally, FTX disclosed that the company has over 100,000 debtors.

On Tuesday, cryptocurrencies increased. The market capitalization of all cryptocurrencies was $850.9 billion, with a volume of around $43 billion during the previous day. BitcoinBitcoin, the biggest and most used virtual currency in the world, increased by 3.2 percent to $17,179.7. It was valued at $331.3 billion on the market. There were around $17.4 billion worth of transactions. EthereumEthererum, also known as Ether, which is the second-largest virtual currency, increased 9.1% to $1,324.1 at the most recent count, with a market capitalization of $162.1 billion. In the previous day, Ethereum trades were worth over $7.6 billion. DogecoinDogecoin, a virtual currency based on memes, increased by 7.5 percent to $0.1. The market price of it was $10,2 billion. There were around $825.6 million worth of transactions. Solana Solana increased 46.4 percent to $16.1 and now has a $6 billion market worth. In the previous 24 hours, Solana trading volume was $1.7 billion. Shiba InuShiba Inu gained 7.5 percent and now has a $4.8 billion market cap. In the previous 24 hours, there were roughly $360.9 million worth of trades. Polygon The market capitalization of Polygon, which increased 8.9% to $0.8, was $7.4 billion. In the previous 24 hours, there were $406.8 million in trades.

BONK, a meme coin, has managed to register quadruple-digit gains in 7 days, with a 1,600 percent spike in the last week. But what exactly is BONK, and why is it marching to the moon? Follow along to find out. At a time when the entire digital asset industry is reeling from the harsh crypto winter, you did think it was impossible for a coin to post quadruple-digit gains in just seven days. However, a meme coin called BONK has done just that, with a 1,600% increase in the last week. But what exactly is BONK, and why is it marching to the moon? BONK: What exactly is it? BONK, Solana first dog-inspired meme coin, was released on December 25. BONK is described in the project whitepaper as a Solana "community coin" that will be used "across the many great DApps" on the network. In this regard, the coin has already seen 50 network integrations in the last two weeks. The coin is also described in the whitepaper as a project "for the people and by the people." This ideology was exemplified by BONK airdrop, which distributed half of the coin 100 trillion supply to the Solana community. To begin, 20% of the supply was airdropped to Solana non-fungible token (NFT) holders. Another 10% of the supply was allocated to Solana blockchain NFT creators and artists. Finally, 15% of the supply was airdropped to Openbook early traders, while the remaining 5% was distributed to Solana Developers. On the Solana network, Openbook is a newly launched decentralized exchange. It will take the place of Serum, Solana SBF-backed decentralized exchange. According to the whitepaper, the main reason for the launch of BONK was to dispel the negativity surrounding Solana and restore liquidity to the network decentralized exchanges. Solana has been in a state of shock since the FTX debacle. SOL, the network native cryptocurrency, lost 97 percent of its value in 2022, with the FTX crash being one of the primary causes. However, BONK was launched to turn things around, and it has done a pretty good job so far. BONK skyrockets by 4,000%, dragging SOL along for the ride BONK increased by 4,438 percent from $0.0000001078 on December 30 to $0.000004892 on January 5. To put this in context, on December 25, some Solana app developers received 5 billion BONK. This stockpile was worth less than $1,000 at the time. According to a Decrypt report, these coins were worth nearly $122,000 at the peak of last week surge. The hype surrounding the massive airdrop, which saw almost the entire community receive a massive stack of BONK coins, was one of the major reasons for the spike. This was exacerbated by a series of token burns, which resulted in further price increases. For example, on January 3, the network announced a 1 billion BONK token burn. The following day, the project announced that all tokens assigned to projects leaving Solana would be burned as well. In this regard, DeGods 500 billion BONKs would be permanently removed. Finally, BONK announced early this morning that the 5 trillion tokens assigned to the BONK Team would be destroyed. This could be the cause of BONK massive price increase. Furthermore, the BONK spike has provided buoyancy for Solana. SOL, the blockchain native cryptocurrency, has increased by nearly 45 percent in the last seven days. BONK has experienced tremendous growth, but will it be sustainable? There no telling how much and how quickly meme coins can rise or fall. BONK growth is currently out of control. On December 24, for example, only 205 wallets contained BONK. However, by January 5, this figure had risen to 100,000 users. Continued burn activity could push the token price even higher. BONK was trading at $0.000001992 at the time of writing, down 54% in the previous 24 hours. However, the coin was up 1,651 percent in the last seven days. And, because the token value is so low, there is room for growth. However, meme coins are notorious for their wild volatility, so do your research and only invest what you can afford to lose completely.

Today cryptocurrency price: The majority of cryptocurrencies rose on Wednesday. The global crypto market cap was $821 billion, with $35.6 billion in volume in the previous 24 hours. "Most cryptocurrencies rose on Wednesday as a result of Institute for Supply Management (ISM) data showing a decrease in demand and a reduction in manufacturing input. This gave investors hope that the Fed would lower interest rates "Mudrex CEO and Co-Founder Edul Patel stated. Bitcoin (BTC) Bitcoin, the world largest and most popular virtual currency, gained 0.8 percent to $16,834.9. Its market capitalization was $324.5 billion. The total trade volume was $18.3 billion. Patel said of Bitcoin, "Bitcoin has traded above the $16,800 mark in the last 24 hours. However, it was unable to rise above the $17,000 mark. If BTC can break through its immediate resistance at $16,900, the next target is $17,000. While the support level is now at $16,750." Ethereum Ethererum, or Ether, the second largest virtual currency, rose 2.5 percent to $1,255.1, with a market capitalisation of $153.7 billion. In the last 24 hours, Ethereum trade volume was $6.3 billion. DogecoinA meme-based virtual currency, increased by 2.3 percent on Thursday. Its market capitalization was $9.7 billion. The total trade volume was $378.1 million. Shiba InuShiba Inu market capitalisation increased by 2.6 percent to $4.6 billion. In the last 24 hours, the trade volume was $148.1 million. SolanaWith a market capitalisation of nearly $4.9 billion, Solana fell 3.3 percent to $13.2. Solana trade volume in the last 24 hours was $1 billion. Polygon Polygon market capitalisation increased by 1.5 percent to $7 billion. In the last 24 hours, the trade volume was $299.9 million.

For WBTC and WBTC investors and holders, 2023 is going to be a fantastic year since we will be bringing exciting news and prospects for our esteemed investors throughout the new year. At the start of 2023, WE HAVE BIG NEWS FOR THE WBTC FAMILY. 1. We are introducing the VIP Affiliate Wallet in January 2023, which has fresh and fantastic features. 2. The VIP Affiliate Wallet, which holds and stacks the Five most widely used currencies (BTC,BTG,BCH,BSV and WBTC) and uses a decentralized form of dividend distribution, is the first decentralized affiliate programme in the history of the globe. 3. In the event that you retain and stack currencies, VIP Affiliate Wallet will give you dividends right away. 4. In January 2023, we are going to launch VIP AFFILIATE WALLET - WhiteBitcoin (WBTC) Website. 5. This New Year (2023), WhiteBitcoin Organization Launch Advance Blockchain the main thought behind introducing WhiteBitcoins to the crypto circulation was to reduce excessive pressure for Bitcoin transactions on the Blockchain Network. This allows the WhiteBitcoin(WBTC) to be transferred on decentralized exchanges and allows WBTC cryptocurrency to launch its alternative blockchain in the future, which would help reduce bitcoin transaction fees and time. In this alternative blockchain, you can transfer bitcoin from one blockchain to another blockchain without a bitcoin fee deduction, a small fee will deduct from the WBTC. Thus, this unique amalgamation of the two best things has opened many opportunities for the people. 6. The hard fork that the WBTC organization is performing this New Year will allow the WBTC organization to grow to greater heights. 7. In 2023, we will list WhiteBitcoin (WBTC) on three more new international exchanges.

On Wednesday, cryptocurrency prices rose. The global crypto market cap was $809.9 billion, with $27 billion in volume in the previous 24 hours. BitcoinBitcoin, the world largest and most popular virtual currency, rises 0.4 percent to $16,747.3, remaining below $17,000. Its market capitalization was $321.8 billion. The total value of trade was $14.1 billion. "Bitcoin is attempting to break through the $16,800 resistance level, and if it succeeds, bullish investors may be encouraged to make additional moves. The trade volume increased slightly, indicating that bullish sentiment is currently stronger than bearish sentiment "Mudrex CEO and Co-Founder Edul Patel stated. EthereumEthererum, or Ether, the second largest virtual currency, was up 2.3 percent at $1,242.2 at the last count, with a market capitalisation of $150 billion. In the last 24 hours, Ethereum trade volume was $3.7 billion. Patel stated about Ethereum, "The $1,250 barrier has been a point of difficulty for Ethereum. The next point of resistance to keep an eye out for, if it succeeds, would be $1,300." DogecoinA virtual currency based on memes, increased 1.2 percent on Wednesday. It had a market value of $9.4 billion. The value of the trade was $299.7 billion. Solana Solana increased by 25.1% to $13.9 and now has a $5.1 billion market value. In the previous 24 hours, Solana trading volume was $1.3 billion. Shiba Inu Shiba Inu gained 1.5 percent and now has a $4.5 billion market worth. In the previous 24 hours, there were $82.7 million in transactions. PolygonThe market capitalization of Polygon increased by 3.5 percent to $0.8, reaching $7 billion. In the previous 24 hours, there were $207.7 million in transactions.

Most cryptocurrencies moved higher on Tuesday. The worldwide crypto market cap remained at $805.9 billion, with a volume of $23.6 billion in the beyond 24 hours. BitcoinThe world biggest and most well known virtual cash, Bitcoin, rose 0.7 percent to $16,678.2. Its reasonable worth remained at $321.2 billion. The exchange volume was at $12.1 billion. "The tight combination in Bitcoin signals hesitation among the bulls and the bears. In the event that BTC breaks beneath the $16,256 level, selling could expand, prompting retesting the help levels. Be that as it may, assuming the cost breaks above $17,061, we will probably see an extreme fight between the bulls and the bears," Edul Patel, President and Prime supporter of Mudrex. EthereumThe second biggest virtual money, Ethererum or Ether, rose 1.6 percent to $1,214.2 with a market capitalisation of $148.6 billion. The exchange volume of Ethereum was $3.7 billion the most recent 24 hours. On Ethereum, Patel said, "Then again, Ethereum has broken its closest obstruction level at $1,205 in the beyond 24 hours. In the event that purchasers can hold the acquired drive, ETH might ascend towards the $1,236 level." Dogecoin Meme based virtual money, Dogecoin, bounced 3.2 percent on Tuesday. Its fairly estimated worth remained at $9.5 billion. The exchange volume was at $390.2 million. SolanaSolana flooded 12.3 percent to $11.1 with a market capitalisation of $4.1 billion. The exchange volume of Solana was $574.1 million the most recent 24 hours. Shiba InuShiba Inu rose 1.4 percent with a market capitalisation of $4.5 billion. The exchange volume was $83.4 million the most recent 24 hours. PolygonPolygon climbed 3.9 percent to $0.8 with a market capitalisation of $6.8 billion. The exchange volume was $191.1 billion the most recent 24 hours.

Bitcoin and Ethereum rose on Monday, while other cryptocurrencies fell. The global crypto market capitalization stands at $795.2 billion, with a figure of $17.4 billion in the past 24 hours. Bitcoin The world largest and most popular cryptocurrency, Bitcoin, rose 0.2% to $16,576.6. Its market value stood at $319.3 billion. The business value is $9.4 billion. Ethereum The second largest currency, Ethereum or Ether, rose 0.1% to $1,196.2 with a market capitalization of $146.4 billion. Ethereum market value was $2.5 billion in the last 24 hours. Dogecoin Cryptocurrency Dogecoin fell 0.6% on Monday. Its market value stands at $9.2 billion. The business value is $197 million. Solana Solana fell 1.3% to $9.9 on a market capitalization of $3.6 billion. Solana market value is $189.3 million in the last 24 hours. Shiba Inu Shiba Inu fell 0.1% from a market capitalization of $4.4 billion. The trading volume was $56.5 million in the last 24 hours. Polygon Polygon fell 0.3% to $0.8 on gross sales of $6.6 billion. The trading volume was $110.1 billion in the last 24 hours.