Jump Trading replaces stolen Wormhole funds after $320 million crypto hack


FILE PHOTO: Representations of the virtual currency Bitcoin stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/File Photo

LONDON (Reuters) - The cryptocurrency arm of Jump Trading said on Thursday it had restored more than $320 million to crypto platform Wormhole after the decentralized finance site was hit with one of the largest crypto heists on record.

In a tweet, Jump Crypto said they chose to replace the stolen money "to make community members whole and support Wormhole now as it continues to develop."

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

As TikTok runs out of options in the US, this billionaire has a plan to save it
Google says it could loosen search deals in US antitrust case
Is Bluesky the new Twitter for teachers in the US?
'Metaphor: ReFantazio', 'Dragon Age', 'Astro Bot' and an indie wave lead the top video games of 2024
Opinion: You can pay for white noise, but you don’t need to
Rumble to receive $775 million strategic investment from Tether
OpenAI unveils 'o3' reasoning AI models in test phase
Qualcomm secures key win in chips trial against Arm
US finalizes up to $6.75 billion in chips awards for Samsung, Texas Instruments, Amkor
Potential TikTok bidder seeks a CEO, prepares business overhaul

Others Also Read