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Adding to the existing number of protocol hacks in the crypto industry, Jimbos Protocol has not escaped the sights of the attackers as it has suffered an attack resulting in a loss of a large amount of funds.According to PeckShield, a blockchain security unit, Jimbos Protocol, the liquidity protocol of
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"This trend is anticipated to persist, particularly considering that deflationary forces are expected to propel the price of Ether significantly," analysts at Binfinex previously shared with CoinDesk. "Prior to this upgrade, potential stakeholders may have been deterred from staking their ether tokens due to concerns about their funds being locked
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Hedging activity of market makers, who are always on the opposite of investors' trade, seems to have kept prices rangebound off late. Source
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The proposal looks as though it will pass when voting closes on May 26, though it's unclear when the action will be executed. However, if it does, the malicious code will be removed and the governance of Tornado Cash's DAO will go back to token holders. Source
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The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was 6.2%. This means gains in core prices, excluding food, energy, and tobacco, accelerated by 6.8% last month from 6.2% in March. Source
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The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The recently enabled withdrawal flexibility in ETH staking, courtesy of the Shapella upgrade, mitigates its perceived risk for many investors," Bitfinex's analysts noted. "Prior to this upgrade, potential stakeholders may have been deterred from staking their ETH tokens due to concerns about their funds being locked for an unacceptably long
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Litecoin has chalked out a double-digit price rally to hit the highest since April 19. Source
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Two prominent crypto asset managers, namely Grayscale and Bitwise, have put a halt on their ETH futures exchange-traded fund (ETF) plans amid growing scrutiny from United States regulators.Grayscale filed an amendment to its Securities and Exchange Commission filing on May 17 to remove mentions of Ethereum futures ETF. The amendment
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Debate rages on whether the large ether options flow witnessed on Tuesday represents a bet on return of volatility or a rollover of a "covered call" strategy. Original Source
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