OpenSea said in a separate tweet that it was investigating the incident.ĭiPasquale sees the next Bitcoin support line at about $35,000. Separately, in a late Saturday tweet, OpenSea CEO Devin Finzer wrote that “32 users thus far have signed a malicious payload from an attacker, and some of their NFTs were stolen.” Finzer suggested that a fraudulent website may be to blame. All of these false-flag operations, all these provocations to create justifications - all that is already in train.” Meanwhile, investors were gearing for the first of what is expected to be several Federal Reserve interest rate hikes. Secretary of State Antony Blinken told CNN's State of the Union talk show that “everything leading up to the actual invasion appears to be taking place. intelligence reported that Russia had already decided to invade Ukraine. Ether, the second largest cryptocurrency by market capitalization, was changing hands at slightly over $2,600, off nearly 4% and its lowest point since the first week of the month. Ether and almost all other major cryptos also dropped.Ī possible exploit of OpenSea, the leading NFT platform, may have further frightened investors away from crypto.Īll these factors may have "led investors to risk-off from crypto," said Joe DiPasquale, the CEO of fund manager BitBull Capital.Īt the time of publication, bitcoin was trading at around $38,700, a 3.3% drop over the past 24 hours and its lowest level since Feb. Bitcoin tumbled below $40,000 in the early weekend hours and kept dipping amid rising tensions on the Ukraine-Russia border and continued inflationary fears.
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