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Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit

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Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company, who initially identified a transfer of roughly $100 million over the Ethereum blockchain. Further investigation
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Hodler’s Digest, Nov. 28-Dec. 4

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Jack Dorsey has stepped down as Twitter CEO Twitter co-founder
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Crypto Analyst Michaël van de Poppe Details Path Ahead for Polygon, Harmony and VeChain

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Cryptocurrency analyst and trader Michaël van de Poppe is looking at three altcoins and outlining the path forward after the recent market correction. Starting with Polygon (MATIC), Van de Poppe tells his 150,000 YouTube subscribers that the Ethereum (ETH) scaling solution could potentially hit a new high of $2.70. “…Overall we are making higher lows.
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Are the Crypto Markets on the Verge of an Altseason? Here Are the Metrics To Watch, According to Blockchain Researcher

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As the crypto markets move sideways, a prominent blockchain researcher is analyzing whether another “altseason” could be on the horizon. Head of research blockchain intelligence firm IntoTheBlock Lucas Outumuro notes in a recent newsletter that Ethereum’s (ETH) price against Bitcoin (BTC) has just hit a 42-month high. He points out that the last two times
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Popular Metaverse Altcoins See $100,000,000 Worth of Virtual Real Estate Sales in One Week: Report

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Virtual real estate is booming in the metaverse as popular altcoins saw millions of dollars in land sales over seven days. A new report published by DappRadar finds that sales of virtual non-fungible token (NFT) land on leading metaverse crypto assets The Sandbox (SAND) and Decentraland (MANA) totaled just over $100 million. SAND, a blockchain-based
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Blockchains need to move toward standards for interoperable asset transfers

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Cross-chain asset transfer has been around for several years. The concept developed almost as soon as multiple blockchains were developed and began to gain adoption. In its initial application, the transfers focused on swaps between the chain’s native assets and tokens, which led later to several decentralized exchanges. While exchange of assets has its utility,
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Here’s What’s Next for Ethereum Rivals Solana and Avalanche, According to Analyst Nicholas Merten

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Prominent crypto analyst Nicholas Merten is taking a look at two layer-1 digital assets stacked up against the Ethereum (ETH) trading pair. In a new strategy session, the host of DataDash tells his 486,000 YouTube subscribers where he thinks smart contract platforms Avalanche (AVAX) and Solana (SOL) are headed. According to Merten, it is better
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