News for hackers. Stuff that matters.

A comment on FTX Appears to Have Stopped Processing Withdrawals, On-Chain Data Show. Parent comment

Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by jefftk on Tuesday November 08, 2022 @10:41AM (#33520174)
The article seems to be based on https://etherscan.io/tokentxns?a=0x2faf487a4414fe77e2327f0bf..., which does seem to have only incoming transitions.

Is this FTX changing their patterns for which accounts they use for withdrawals, and then this being interpreted as withdrawals being halted?

[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by edf13 on Tuesday November 08, 2022 @10:43AM (#33520191)
Plenty of OUT tx: https://etherscan.io/address/0x2faf487a4414fe77e2327f0bf4ae2...
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by smoldesu on Tuesday November 08, 2022 @10:44AM (#33520203)
Every single "OUT" TX appears to be for 0 eth?

Upon further inspection, it actually looks like the only transactions they're processing are the ones from their own wallet. The entire TX history looks really suspicious to me.

[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by edf13 on Tuesday November 08, 2022 @10:47AM (#33520253)
Are we looking at the same thing?

E.g a very recent TX with some ETH going out: https://etherscan.io/tx/0x5a282187181907995b37c0df1888dfe364...

[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by throw03172019 on Tuesday November 08, 2022 @10:51AM (#33520306)
Doesn’t it display as 0 ETH if it’s an ERC20 transaction?
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by smoldesu on Tuesday November 08, 2022 @10:53AM (#33520335)
Really couldn't tell you, I haven't been serious about crypto since 2014 :p

That being said, does FTX even allow custodial ERC20 transactions? I'd be surprised if they did.

[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by joyfylbanana on Tuesday November 08, 2022 @10:52AM (#33520328)
Dude, those are transfers for ERC-20 tokens...
[ Parent | on HN ]
Re:FTX Appears to Have Stopped Processing Withdrawals, On-Ch... by jefftk on Tuesday November 08, 2022 @10:54AM (#33520346)
It looks like your link is for ETH, and mine (copied from the article) is for tokens.
[ Parent | on HN ]