Nearly 8,000 digital wallets have been drained of just over $5.2 million in digital coins including solana's sol token and USD Coin, according to Elliptic.
The economy has shifted so abruptly in 2022 that most of the big employment trends from the Covid era have reversed, creating major challenges for employers.
It's been a rough week for crypto, from cross-chain bridge hacks draining hundreds of millions of dollars to the SEC coming after crypto Ponzi schemes.
CEO Steven Ehrlich made over $30 million disposing of Voyager equity as the now-bankrupt crypto lender's shares neared an all-time high in spring 2021.
PayPal stock has been cut in half in 2022, but it's getting a vote of confidence from hedge fund Elliott Management, which is also a big Pinterest investor.
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