Bitcoin and cryptocurrency prices, teetering on the brink of collapse in recent days due to the escalating situation in Ukraine, have suddenly moved sharply lower following news of a serious attack on non-fungible token (NFT) platform OpenSea.
The bitcoin price has crashed under $40,000 per bitcoin, down over 5% over the last 24 hours, while ethereum and its rivals BNB, solana, cardano are down between 6% and 8%—even as the crypto market is braced for a $100 trillion earthquake.
The latest crypto price crash, which has wiped almost $300 billion from the combined crypto market over the last few days, was sparked by a series of viral tweets from panicked NFT traders, leading OpenSea to say it’s investigating “rumors of an exploit.”
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