Tether blacklists $31.4M USDT following FTX’s alleged hack, Musk reacts
1 min readOn the night of Nov. 11, several wallet addresses linked to FTX were found transferring millions of dollars worth of cryptocurrencies without an official notice — sparking speculations ranging from the
Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.
Taking the lead in this drive, Bitfinex CTO Paolo Ardoino shared 135 cold and hot wallet addresses revealing Bitfinex’s proof of reserves.
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Proof of reserves for @bitfinex
Here is the list of the main Bitfinex walletshttps://t.co/TaS7Vy9qfPFinex holds:
– 204338.17967717 BTC (among top bitcoin holders)
– 2018.5 L-BTC (Liquid)
– ~1000 BTC on LN ??
– 1225600 ETH (among top ethereum holders)
…— Paolo Ardoino (@paoloardoino) November 11, 2022
While the move was well-received by investors, few members of the community pointed out the lack of Bitfinex’s liability figures, which makes the data incomplete for review.