In June of 2021, El Salvador made history as the first nation to adopt Bitcoin as a national currency alongside the US dollar. Since then, El Salvador’s President Nayib Bukele has announced multiple national Bitcoin purchases throughout the last year. In this piece we will be looking at President Bukele’s bullish decision to purchase 1 Bitcoin per day for the nation of El Salvador.

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El Salvador set to Purchase 1 Bitcoin per day

As of today, the FTX and FTX US exchanges are no longer supported by Cryptohopper. Bots and paper trading for FTX and FTX US have been disabled by Cryptohopper due to FTX filing for chapter 11 bankruptcy. In developing news, FTX and FTX US was hacked, potentially compromising ALL FTX software.

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Cryptohopper has Delisted FTX and FTX US

Binance and FTX have been formidable rivals in the centralized crypto exchange markets for some time now. FTX became one of the world’s most powerful exchanges within a relatively short period of time (3 years). Yesterday however, FTX was forced to reach out to crypto giant Binance, in a surprising turn of events, amidst a liquidity crisis on the FTX exchange. In this piece, we’ll look at how this will affect retail investors on the FTX and FTX.US exchanges. We’ll also look at how Binance’s intent for acquisition of the FTX exchange may affect crypto in the coming months.

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Binance Agrees to Purchase FTX

One of the biggest differences between the haves and have-nots of the world is how each of these social classes saves their money. Wealthy people stay wealthy by diversifying their funds across a multitude of assets. In this piece, we’re going to talk about the importance of investing your wealth safely and effectively!

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Why Invest in Assets Instead of Holding Cash?

We are happy to announce the release of the Killer Whale Classic Bear Template! The Killer Whale Classic Bear Template is designed to be used in place of the Killer Whale Classic Template during bearish market conditions. The Killer Whale Classic Bear template will automatically trigger when the market is going into a downtrend, protecting your crypto assets, and helping you weather the storm!

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Killer Whale Bear Templates Have Arrived!

In this piece we discuss Ethereum deposits and withdrawals during the merge. Spot trading of Ethereum shouldn't be affected, so all your favorite Killer Whale products should work just fine while the merge is taking place! Check out the video in the article for more info!

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Ethereum Merge Set to Take Place Next Week! (With Video)

In this video we look at current crypto news. We discuss the Helium and Dish Network partnership, Bitcoin Amsterdam, and look at some footage from the most recent crypto convention the Killer Whale Team attended. Follow the link in the article to watch on YouTube!

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Killer Whale AMA Recap (Video) August, 28th 2022





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**FTX Hack**

As if the current situation with FTX wasn’t already bad enough, FTX software may contain malware. This was discovered by the cyber security branch of the Kraken Exchange, after more than 400 million dollars was drained from FTX on Friday night. The funds were stolen from user cold storage wallets with private user keys. According to the evidence, it’s likely that the FTX hack was an inside job, perpetrated by an FTX employee. As of now, the name of the suspect has not been released.

User funds on FTX and FTX US are insured against theft. Any FTX users who’s crypto was stolen from their account can expect a refund. For the time being however, FTX and FTX US have frozen all transactions on the exchange until further notice. 

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It’s never easy to deliver bad news, however we will continue to provide updates as this story unfolds.

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# [Killer Whale Crypto](https://killerwhalecrypto.com/)
**CHANGE THE WAY YOU TRADE**




Cryptohopper has Delisted FTX and FTX US

As of today, the FTX and FTX US exchanges are no longer supported by Cryptohopper. Bots and paper trading for FTX and FTX US have been disabled by Cryptohopper due to FTX filing for chapter 11 bankruptcy. In developing news, FTX and FTX US was hacked, potentially compromising ALL FTX software.

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