Did jump trading restore $320 million to wormhole?

LONDON, Feb 3 (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.

What happened to wormhole?

Photo by screengrab / Wormhole LONDON — 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. This advertisement has not loaded yet, but your article continues below.

Why is jump crypto putting up 120K ETH?

As outlined by Jump Crypto’s spritely 25-year-old president, Kanav Kariya, the group is also focused on partnering and participating in the growth of the ecosystem. It’s essentially planting its own harvest. Jump put up 120k of it’s own ETH because we believe in Wormhole and want to support it in this stage of its development.

What is jump crypto?

In September 2021, the firm formally announced the launch of Jump Crypto to focus specifically on trading digital assets, though the division had reportedly been operating in stealth for the past six years. And like the mothership, this division is doing a whole lot more than simply flipping coins for quick cash.