Kryll and FTX, a thread.
10 Nov 2022, 14:41
Kryll and FTX, a thread ๐งต
As you probably know, the last few days have been very rough in the crypto space due to the loss of one of the biggest exchanges in the market, #FTX.
Same news in other sources
1KryllKRL #846
10 Nov 2022, 14:58
Hello all,
As you probably know, the last few days have been very rough in the crypto space due to the loss of one of the biggest exchanges in the market, #FTX.
We would like to begin by expressing, through this message, our deepest support for those affected by the FTX bankruptcy.
Secondly, we wanted to reassure you regarding Kryll's situation with regard to these events:
- Kryll was not exposed to FTX.
- We would like to remind you that Kryll is non-custodial, which means that you have full possession of your funds.
- The $KRL you have on the platform are stored in a cold wallet as well as on the deposit smart contracts.
We do not and will NEVER use these funds for corporate purposes.
- We will of course continue to work hard to improve the products offered by Kryll and continue building during this bear market.
Important note: FTX will be (temporarily) removed from the Kryll.io platform as an exchange while we learn more. The strategies/bots that any of you are currently running on FTX will not be stopped. You have the liberty to choose what to do.
Stay #SAFU ๐
Hello all,.
Hello all,
As you probably know, the last few days have been very rough in the crypto space due to the loss of one of the biggest exchanges in the market, #FTX.
We would like to begin by expressing, through this message, our deepest support for those affected by the FTX bankruptcy.
Secondly, we wanted to reassure you regarding Kryll's situation with regard to these events:
- Kryll was not exposed to FTX.
- We would like to remind you that Kryll is non-custodial, which means that you have full possession of your funds.
- The $KRL you have on the platform are stored in a cold wallet as well as on the deposit smart contracts.
We do not and will NEVER use these funds for corporate purposes.
- We will of course continue to work hard to improve the products offered by Kryll and continue building during this bear market.
Important note: FTX will be (temporarily) removed from the Kryll.io platform as an exchange while we learn more. The strategies/bots that any of you are currently running on FTX will not be stopped. You have the liberty to choose what to do.
Stay #SAFU ๐