Share this article
FTX Website Experiences Temporary Outage, Warns Users Not to Make Deposits
While the FTX US website remains operational, FTX.com is experiencing widespread outages.
Updated May 9, 2023, 4:02 a.m. Published Nov 9, 2022, 10:00 p.m.
Cash-strapped crypto exchange FTX has added a new warning to customers in the form of a bright red banner on its FTX.com website Wednesday, warning customers the exchange has halted withdrawals.
"FTX is currently unable to process withdrawals. We strongly advise against depositing," the message reads.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The message appeared after a temporary website outage on Wednesday afternoon. The website resumed functioning within several minutes, but was back down again at the time of publishing.
While FTX US's website is currently functioning fine, other websites associated with the struggling exchange have gone dark in the wake of its liquidity crisis and subsequent news that it would potentially be acquired by Binance – a plan that was scrapped on Wednesday after Binance walked away from the deal, citing "issues are beyond our control or ability to help."
FTX Ventures' website went down on Wednesday. The website of Alameda Research, the quantitative trading arm founded by FTX CEO Sam Bankman-Fried, was made private.
UPDATE (22:07 UTC): Adds more information.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Cascade Unveils 24/7 Neo-Brokerage Offering Perpetuals on Cryptos, U.S. Stocks
The platform will let retail traders use one margin account to trade round-the-clock perpetual markets.
What to know:
- Cascade has introduced a 24/7 brokerage-style app for perpetual markets spanning crypto, U.S. equities and private-asset exposure.
- The firm is pitching a single, unified margin account with direct-to-bank U.S. dollar capability for deposits and withdrawals.
- The company has raised $15 million from investors including Polychain Capital, Variant and Coinbase Ventures.
Top Stories
