FTX Exploiter Developments; Bill Ackman Endorses Crypto Project Helium

This episode is sponsored by minima.global and Circle.

"The Hash" hosts discuss the culprit behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether (ETH) to ren bitcoin (renBTC), a token that represents bitcoin on other blockchains, early on Sunday. Plus, one of TradFi’s better-known investors, Bill Ackman, revealed on Twitter that he has turned a new leaf and is now endorsing crypto.

See also:

More Than 50% of Bitcoin Addresses Are Now in Loss

FTX Exploiter Converts Millions in Ether to Alameda-Linked Ren Bitcoin Tokens

Bill Ackman Endorses Crypto Project Helium, Discloses Crypto Holdings

This episode has been edited by Nia Freeman. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”