Bitcoin was trading at approximately $36,415, down more than 5.3%, while Ethereum and Dogecoin were also in the red, trading at approximately $2,600 and 13.5 cents , respectively.On Wednesday, One of the most popular cross-blockchain bridges may have been the victim of a hack worth over $326 million on Wednesday, Coindesk reported.
In a tweet, the project’s official Twitter handle confirmed the bridge is currently down while the team investigates a potential exploit, and the official website simply reads, "Portal is Temporarily Unavailable."On-chain analysts called attention to an 80,000 ether transaction from Wormhole to an address currently in possession of over $250 million worth of ETH, the report said.
In other cryptocurrency news, Bitcoin and the broader crypto market faced heavier selling pressure in late U.S. trading hours on Wednesday, ending the oldest cryptocurrency’s two-day winning streak, Coindesk reported. The late afternoon price drop in crypto came after Meta Platforms delivered disappointing Q4 earnings with weak guidance for the current quarter. Meta shares dropped by more than 18% in extended trading on Wednesday.
BNB looks pretty good right now.
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Yeah, were not done seeing red candles.
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