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BitMEX Co-Founder Arthur Hayes Issues Altcoin Warning, Says Everything but Bitcoin and Ethereum Could Crash Up to 90%

Arthur Hayes, the former chief executive of crypto derivatives exchange BitMEX, is issuing a warning to investors, saying that all crypto assets apart from Bitcoin (BTC) and Ethereum (ETH) could see devastating losses. In a new article, Hayes says that if BTC and ETH dip below $30,000 and $2,000 respectively in the coming months, he’d

LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain

The hack was first identified by PeckShield, a blockchain security company, based on the suspicious transfer of ERC-20 tokens from LXC to an unknown Ethereum (ETH) wallet. Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform.  hot wallet compromised? @lcx

Bitcoin and Ethereum Primed To Rise to These Levels in 2022, According to Bloomberg Strategist Mike McGlone

Bloomberg’s senior commodity strategist thinks both Bitcoin (BTC) and Ethereum (ETH)  are primed to surge in 2022 despite the crypto market’s recent struggles. In a new analysis, Mike McGlone says both BTC and ETH have solid bases to build on. He predicts they will remain dominant among cryptos in 2022, with Bitcoin moving toward $100,000

Vitalik Buterin gives thumbs down to cross-chain applications

In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on Ethereum, Solana on Solana, etc.) provides a certain degree of immunity against 51% attacks. Even if hackers manage to censor or

Terra (LUNA), Avalanche (AVAX) and Four Additional Ethereum Rivals Mounting Serious Challenge to ETH in 2022: JPMorgan Analysis

Analysts at global banking giant JPMorgan say that Ethereum (ETH) competitors will challenge the top altcoin’s decentralized finance (DeFi) dominance of the crypto markets this year. In a recent report, analysts led by JPMorgan managing director Nikolaos Panigirtzoglou say that ETH’s 70% market share of the DeFi space will continue to drop because the blockchain’s