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El Salvador added 150 bitcoins during the sharp decline in the crypto market

The average purchase price of the cryptocurrency amounted to $48 thousand. This happened against the background of the first cryptocurrency collapse on Saturday night. At the moment, the quotes of the asset were down to $42 thousand.

The last time El Salvador purchased bitcoin was on October 28. Then Bukele reported the purchase of 420 BTC worth about $25 million. Now the country owns 1,270 BTC worth over $60 million.
πŸ•΅οΈ A bug in the Solana library potentially allowed ~$27 million to be stolen in an hour β€” several lending protocols and a yield aggregator were at risk, the combined blocked value (TVL) of these projects reached $2.6 billion.

The bug allows millions of dollars to be stolen through a huge number of microtransactions.

After being contacted by experts, Solana and other projects eliminated possible bugs, and in some cases they proved to be non-critical.
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A major investor reduced its position in bitcoin by $500 million.

According to The Block, the withdrawal of major holders from the asset triggered a massive liquidation in the derivatives market and the decline of the first cryptocurrency to $42 thousand
Court orders self-proclaimed Satoshi Nakamoto to pay $100 million

Craig Wright, who calls himself the creator of the first cryptocurrency and is demanding that Bitcoin Core developers give him back access to early bitcoin addresses, was found guilty of unauthorized appropriation of property

A Miami jury ordered self-proclaimed bitcoin creator Craig Wright to pay $100 million in compensation to W&K Info Defense Research.
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Gaming giant Ubisoft is launching its own NFT platform Quartz and implementing it in one of its games "Ghost Recon: Breakpoint" with millions of players worldwide.

More and more game companies will be moving in-game items in their online games to NFT in the coming years, a giant industry with 3 billion users who spend about $500 million a day.

Previously the commission from all these transactions went to banks, now this money to start to settle in the cryptocurrency industry.
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🀹 Cryptocurrency fund Three Arrows Capital bought 91,477 ETH ($400 million) yesterday after CEO Su Zhu said he was disappointed with Ethereum and was ending support for the project.

Hours later, Zhu said "abandon" was the wrong choice of words and added that he still thinks Ethereum is a terrible blockchain for newcomers and that's no reason not to buy at the current discounts.

Everything you need to know about the "honest opinion of famous people"
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⚑️ Kickstarter, the most famous fundraising platform for creative, scientific, and manufacturing projects, is moving its crowdfunding platform to blockchain.

The company intends to switch completely to the new protocol in 2022, the changes to take place in such a way that users will not notice anything. Details are not available yet, but crowdfunding is to definitely no longer be the same.
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πŸ‡¨πŸ‡³ Another FUD from China, Evergrande, one of China's largest real estate operators, has defaulted on dollar-denominated debt for the first time.

This is just the beginning of complicated sell-offs and restructurings with the attendant risk to the economy. I wonder how the crypto market to react to this news now?
πŸ‘€ The user earned 3200% in one trade

At the moment, the value of the BZZ token fell by 97% (to $0.06) β€” the trader bought this asset for $600 and then transferred funds to another trading floor, where he sold assets for $19,500 at a rate of about $2.

Decrease of price on Uniswap could be caused by insufficient liquidity.
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πŸ‡ͺπŸ‡Ί The European Central Bank said Bitcoin and other traditional cryptocurrencies do not benefit the community

A member of the EU Central Bank Council claimed that while some central banks around the world, including the European Central Bank, are developing digital versions of their own fiat currencies, cryptocurrencies still show no sign of benefiting the community or the economy as a whole:

"There is no indication that crypto-assets have performed or are performing socially or economically useful functions. They are not generally used for retail or wholesale payments, they do not fund consumption or investment, and they play no part in combating climate change."
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WhatsApp to add instant cryptocurrency transfers

The messenger has launched a pilot project that allows a limited number of people in the U.S. to send and receive funds via cryptocurrency right inside the app
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Kiyosaki predicted bitcoin collapse as a result of FRS actions

The author of the bestseller "Rich Dad Poor Dad" announced again about the imminent collapse of the financial markets.

He expected the collapse of financial markets to occur in October, still it failed. The writer called the cause of the world economy’s future collapse β€” high U.S. national debt. At the same time, in the summer Kiyosaki urged to buy bitcoin, gold and silver, as these assets would help to wait out the crisis
πŸ” Fraudsters stole the private keys of 148 wallets of users of the NFT-marketplace Vulcan Forged β€” hackers took out 4.5 million PYR tokens for $112 million.

The PYR exchange rate reacted with a drop of more than 10%.

The NFT was also taken to
πŸ‘€ 90% of BTC mined β€” only 10% left to make over the next 119 years

18.899 million BTC out of 21 million BTC was extracted by miners - it took almost 12 years to reach this mark, mining the remaining coins runs until February 2140 according to halving cycles.

The price of the first cryptocurrency was growing all the time along with the circulating volume:

β€” In 2010, when about 10% of BTC was mined, the price was less than $0.10
β€” At the end of 2012, 50% of BTC was mined, and the price exceeded $7.50
β€” Bitcoin is currently trading around $48,800, down from an all-time high of $69,000.
πŸ‡©πŸ‡ͺ German savings banks, the country's largest financial group with more than €1 trillion in assets, are planning to create a digital wallet to store and trade cryptocurrencies.

Amid high inflation due to the uncontrolled printing of fiat money and the ludicrous interest offered by banks, Germans are increasingly investing their money in "riskier assets."

A spokesman for a group of banks said that at the moment, "interest in crypto-assets is huge."
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Overall cryptocurrency market capitalization per week from July 2010 to November 2021(in billion U.S. dollars)
🧬 Binance to audit roughly 150 projects whose tokens are traded on the trading marketplace β€” the audit costs will be paid by the exchange itself, and the verification to be done by analysts of CertiK and PeckShield.

The results of the audit Binance will pass on to the developers and help eliminate possible technical difficulties.
⛽️ Ethereum's high gas cost is a "measure of the network's success."

Joseph Lubin, Ethereum co-founder and ConsenSys founder, said that when a new technology becomes successful, there are always scaling problems, a "measure of success that is explained by the growth pain β€” something that cannot be avoided."

Lubin said Ethereum 2.0 would help reduce transaction costs, and added that Ethereum's scalability problem is already being addressed by Layer 2 (L2) solutions.
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Dogecoin saw a sharp rally in the market today after Elon Musk said his company β€œwill make some merch buyable” with the meme coin
🐢 Developers of "doggy" memcoin are suspected of stealing $60 million

The AnubisDAO project, which doesn't even have its own website, raised about $60 million in ETH during a token sale β€” a doggy hype that somehow got investors to pour huge amounts of money into the liquidity pool.

Twenty hours after the sale began, all the liquidity from the pool was withdrawn, and the assets invested in the project were dispersed to different addresses. Users assume that project developers were behind the incident.

AnubisDAO representatives did not comment on the allegations, but referred to "unforeseen error with Copper platform," through which the fundraiser was conducted.
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