U.Today - Blockchain sleuth PeckShield has published an X post, sharing that it had spotted another lump of cryptocurrency stolen from the battered just recently.
This time, the FTX hacker made a transaction that carried approximately 288.8 Bitcoin worth almost $10 million.
Here's how much crypto was stolen from FTX in total
EthereumImmediately after that, the hacker became the largest holder of the second most popular cryptocurrency. Later that November, the exploiter shifted 50,000 ETH to another wallet and then converted them into Ren Bitcoin (RenBTC), an Ethereum-powered version of Bitcoin.
Attempts to swap stolen ETH this year
The cyber criminal then turned to another chain – Threshold Network – and cross-chained the ETH into the Bitcoin network. At that time, the hacker still owned around 110,000 ETH worth $180,000,000 at that time.
After ThorSwap got suspended, Bitcoin maximalist Max Keiser took this as a chance to bash DeFi as "heavy centralized," unlike BTC.
171,800 ETH sent to major U.S. exchanges
COINAfter showing remarkable growth of 18.14% within a week (between Oct. 20 and Oct. 26), Ethereum reached a local high of $1,848 (following the flagship crypto Bitcoin, which soared above the $34,000 level). That surge of Ethereum was followed by a meager 2.84% drop over the past week.
Still, the second largest cryptocurrency continues to maintain the $1,800 level at the time of this writing.