futurewithcrypto.com
Elon Musk, a multibillionaire businessman who recently purchased Twitter in an effort to realise its full potential
Image credit- google images
Acknowledged Twitter's role in real-time growth tracking for FTX.
Image credit- google images
On the evening of November 11, it was discovered that a number of wallet addresses connected to FTX had secretly transferred hundreds of millions of dollars' worth of cryptocurrency.
Image credit- google images
Rumors spread about everything from the involvement of hackers to the start of bankruptcy proceedings for FTX.
Image credit- google images
The fund transfers were a part of an ongoing hack within hours, according to FTX's Telegram confirmation.
Image credit- google images
Tether actively blacklisted $31.4 million worth of Tether when FTX confirmed the hack on Telegram, as seen above in the usdt ticker down $1.00 token related to the transaction.
Image credit- google images
The blacklisted USDT tokens, according to blockchain explorer ZachXBT, consisted of $3.9 million USDT on Avalanche and $27.5 million USDT on Solana.
Image credit- google images
Elon Musk, a multibillionaire businessman who recently purchased Twitter in an effort to realise its full potential, acknowledged Twitter's role in real-time growth tracking for the FTX.
Image credit- google images
Tether stopped hackers from moving the allegedly stolen USDT tokens to other accounts or exchanging them for other cryptocurrencies by placing the tokens on a blacklist.
Image credit- google images
Tether may burn the blacklisted USDT as part of the remedy and reissue the same quantity of the asset to the original owner.
Image credit- google images