The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds.

The FTX wallet drainer address has been meticulously swapping assets and using bridges to launder stolen funds.
Blockchain detective ZachXBT has provided evidence refuting recent speculation about the identity of the FTX hacker and their supposed memecoin activity.
According to Chainalysis, “Reports that the funds stolen from FTX were actually sent to the Securities Commission of The Bahamas are incorrect.”
While long-term solutions will need the involvement of multisig and social recovery wallets, Buterin pointed out two alternatives for the short-term — custodial and non-custodial exchanges.
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market.
Warren Buffett said that “What we learn from history is that people don’t learn from history.” Crypto traders can change that.
Ethereum co-founder Joseph Lubin said that while the Merge set a high standard for climate mitigation, the crisis still requires more radical change.
Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a “non-redeemable” investment.
On-chain data flashed positive for DEXs and an increase in protocol revenue, even as markets corrected due to FTX’s insolvency.
ETH price hovers at a key support level and while it is softening, data shows pro traders are reluctant to go short.
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse.
Crypto donations expose charities to a "new demographic of funders" that they can’t afford to miss out on.
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy.
The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions on the network.
Crypto.com CEO confirmed the return of the funds and reassured the investors that new processes and features were implemented to prevent a reoccurrence.
