Thousands of ether were bridged using the renprotocol, which is closely linked to embattled trading firm Alameda Research. By shauryamalwa
Whoever was behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether to Ren Bitcoin , a token that represents bitcoin on other blockchains, early on Sunday.
Funds stolen from FTX were steadily converted to ether over the past week, making the exploiter one of the largest holders of the token, asThe use of renBTC may surprise some in the crypto space: In 2021, Alameda Research – the Sam Bankman-Fried-owned trading arm at the center of a
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