Liquid Network Hacked For $320M
The crypto market saw a significant event this week as the Liquid Network was hacked for $320 million in Bitcoin, with hackers draining 4,000 BTC from the federation wallet. Despite the hackers returning 3,400 BTC, the incident has raised concerns about the security of the network. Meanwhile, other tokens such as Zcash saw significant price movements, with ZEC rallying 2,200% at one point. Ethereum also made headlines with its plans to achieve quantum-safe L1 by 2029. The overall market sentiment was affected by these events, with most tokens seeing price drops over the week. Not financial advice · DYOR
Market overview
Total crypto market cap stands at $2.65T on $57.14B of 24h volume. BTC dominance is +58.84% and the Fear & Greed index reads 57 — Greed.
Signal performance
Over the past week, 472 signals reached a target, averaging +4.86% profit and +7.18% peak.
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