Jump Trading Sells Ethereum: Smart Move or Sign of Trouble?
Jump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
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Jump Trading’s massive Ethereum sell-off coincided with the Japanese market crash, raising questions about its strategy and market exit.
Crypto user Michael lost the wallet password for 43.6 bitcoins stored in 2013, then worth only $5,300, now nearly $3 million. With the help of hardware hacker Joe Grand and his friend Bruno, they discovered an exploitable vulnerability and successfully cracked the password.
Wormhole, once under Jump Crypto, the digital-asset unit of Jump Trading, has emerged as an autonomous entity amid its parent firm's downsizing in the unpredictable crypto landscape.
The attack is the latest in a series of breaches, and users have already lost an estimated $35 million
He also asserted that the person he was caught with was innocent.
Coinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
According to reports, GameStop has hired 20 members for its new NFT department, and is about to reach cooperation with two encryption companies on NFT game development.